NOT LISTED FOR SALE

355 S Marengo Ave Unit 401 Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $547,000 - $652,000

1 Bed
1 Bath
728 Sq Ft
0.99 Acres

Last Sold April 14, 2021

Last sale price $520,000 $714 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,694/month

Highlights

  • No Units Above
  • 4-minute walk to Del Mar Station
  • Pool View
  • Blair High School Rated A-
  • 0.99 Acre Lot
  • Community Pool

About This Home

As of June 2023

Welcome to South Marengo, a beautiful walk-up condominium awaiting you in South West Pasadena. Close to Arroyo and Old Town, shopping, dining, the train, and the FWY. You barely need a car but if you have one there is garage parking with EV charger. The unit was remodeled inside recently and shows pride of ownership. Very clean and bright and ready for a new occupant/s to call it home. Comfortable balcony. HOA amenities include a pool and spa. Supplied for the tenant are the following conveniences: Washer and dryer in unit, built-in microwave, and refrigerator. Owner pays water, trash, sewer. Submit applications today. Ready for immediate move in!

Last Agent to Rent the Property

Andrew Loeffler

Re/Max Premier Prop SanMarino License #01193598 Listed on: 06/20/2023

Re/Max Premier Prop SanMarino

Last Renter's Agent

Andrew Loeffler

Re/Max Premier Prop SanMarino License #01193598 Listed on: 06/20/2023

Re/Max Premier Prop SanMarino

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,319

Year Built

  • Built in 1981

Lot Details

  • No Units Above
  • Two or More Common Walls

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 728 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laminate Flooring
  • Pool Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Security Deposit $2,600
  • Rent includes association dues, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 7/1/23
  • Tax Lot 1
  • Tax Tract Number 38536
  • Assessor Parcel Number 5722014064

Community Details

Overview

  • Property has a Home Owners Association
  • 40 Units

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,319

Year Built

Built in 1981

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-07-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2600
  • Furnished: Unfurnished
  • Pets Allowed: Call

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • View: Yes
  • Zoning: PSR3
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5722014064
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 728.00 Square Feet
  • Stories: 1
  • Entry Location: Street
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.57
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Pool
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 43170.00
  • Lot Size Acres: 0.9910

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 43170.0000 Square Feet
  • Number Of Units In Community: 40
  • Number Of Units Total: 52
  • Rent Includes: Association Dues, Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 4636.02
  • Tax Lot: 1
  • Tax Tract Number: 38536

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 8, 2021
Sold by
Park Yong Jin
Bought by
Newill Smith David
Seller's Agent
Anthony Mangahis Labao
Lou Edwards Financial
Buyer's Agent
Andrew Loeffler
Re/Max Premier Prop SanMarino
List Price
$495,000
Sold Price
$520,000
Premium/Discount to List
$25,000
5.05%
Current Estimated Value
$582,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,371
Avg. Annual Appreciation
2.08%
Original Mortgage
$416,000
Outstanding Balance
$377,221
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$191,975

Purchase Details

Listed on
Jan 21, 2019
Closed on
Jan 30, 2019
Sold by
Hollerbach Daniel Lawrence and Teh Daniel Lawrence Hollerbach
Bought by
Park Yong Jin
Seller's Agent
Carla Buigues
The Agency
Buyer's Agent
Susan Hillier
Redfin Corporation
List Price
$449,000
Sold Price
$460,000
Premium/Discount to List
$11,000
2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$368,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2017
Sold by
Hollerbach Daniel L
Bought by
Hollerbach Daniel Lawrence and Hollerbach Daniel Lawrence

Purchase Details

Closed on
Dec 11, 2015
Sold by
Hollerbach Daniel L and Kenneth Solie Revocable Trust
Bought by
Hollerbach Daniel L

Purchase Details

Closed on
Feb 5, 2015
Sold by
Solie Kenneth L
Bought by
Solie Kenneth L and Kenneth Solie Revocable Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Newill Smith David $520,000 Provident Title Company
Park Yong Jin $460,000 Western Resources Title Co
Hollerbach Daniel Lawrence -- None Available
Hollerbach Daniel L -- None Available
Solie Kenneth L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newill Smith David $416,000
Previous Owner Park Yong Jin $360,000
Previous Owner Park Yong Jin $368,000
Previous Owner Solie Kenneth L $89,600
Previous Owner Solie Kenneth L $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Rented $2,600 0.0% --
06/20/2023 06/20/23 For Rent $2,600 +13.0% --
06/05/2022 06/05/22 Rented $2,300 0.0% --
05/28/2022 05/28/22 Under Contract -- -- --
05/25/2022 05/25/22 For Rent $2,300 0.0% --
04/14/2021 04/14/21 Sold $520,000 +5.1% $714 / Sq Ft
02/24/2021 02/24/21 For Sale $495,000 +7.6% $680 / Sq Ft
02/28/2019 02/28/19 Sold $460,000 +2.4% $632 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
01/21/2019 01/21/19 For Sale $449,000 -- $617 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,319 $562,862 $426,152 $136,710
2024 $6,319 $551,827 $417,797 $134,030
2023 $6,264 $541,007 $409,605 $131,402
2022 $6,046 $530,400 $401,574 $128,826
2021 $5,236 $474,059 $341,529 $132,530
2020 $5,025 $469,200 $338,028 $131,172
2019 $745 $392,646 $254,689 $137,957
2018 $4,418 $384,948 $249,696 $135,252
2016 $4,270 $370,000 $240,000 $130,000
2015 $1,968 $163,923 $48,392 $115,531
2014 $1,934 $160,713 $47,445 $113,268
Source: Public Records

Agents Affiliated with this Home

  • Andrew Loeffler

    Landlord's Agent in 2023

    Andrew Loeffler

    RE/MAX

    (951) 741-0002

    2 in this area

    45 Total Sales

    Andrew Loeffler
    Section Image
  • Anthony Mangahis Labao

    Seller's Agent in 2021

    Anthony Mangahis Labao

    Lou Edwards Financial

    (562) 219-6689

    1 in this area

    18 Total Sales

    Anthony Mangahis Labao
    Section Image
  • Carla Buigues

    Seller's Agent in 2019

    Carla Buigues

    The Agency

    (626) 664-4444

    2 in this area

    53 Total Sales

    Carla Buigues
    Section Image

  • S

    Buyer's Agent in 2019

    Susan Hillier

    Redfin Corporation

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23107914

California Regional Multiple Listing Service (CRMLS)

APN: 5722-014-064

California Los Angeles County Pasadena 91101 Madison Heights

355 S Marengo Ave Unit 401, Pasadena, CA

This home is located at 355 S Marengo Ave Unit 401, Pasadena, CA 91101 since 20 June 2023 and is currently priced at $582,371. This property was built in 1981. 355 S Marengo Ave Unit 401 is a home located in Los Angeles County with nearby schools including McKinley School, Blair High School, and The Waverly School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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