NOT LISTED FOR SALE

369 S Marengo Ave Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $3,762,000

5 Beds
4 Baths
3,269 Sq Ft
$1,151/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $2,356,000 $721 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $20,182/month

About This Home

As of June 2017

***Prime Pasadena neighborhood***Developers Take Note***Sold concurrently with APN#5722-014-021, for an estimated total lot size of 14,021 sq ft***Rare opportunity to purchase this triplex for owner-user or condo development***City RM32 zoning***Desirable Pasadena area, near shopping, restaurants, freeways and landmarks.

Last Agent to Sell the Property

Mark Berger

Keller Williams Realty-Studio City License #01801799 Listed on: 01/09/2017

Keller Williams Realty-Studio City

Last Buyer's Agent

Dorcas Mao

E 2000 Realty License #00932549

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,653

Year Built

  • Built in 1925

Lot Details

  • 0.28 Acre Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • 3,269 Sq Ft Home
  • Property Attached
  • Fixer Upper

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 38536
  • Assessor Parcel Number 5722015007

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,653

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: PSR*
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 5722015007
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 720.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 12172.00

Multi Family

  • Gross Scheduled Income: 81000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4636.02
  • Tax Lot: 36
  • Tax Tract Number: 38536

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2017
Closed on
Jul 11, 2017
Sold by
Su Tu Liang
Bought by
Richwell Development Iv Llc
Seller's Agent
Mark Berger
Keller Williams Realty-Studio City
Buyer's Agent
Dorcas Mao
E 2000 Realty
List Price
$2,250,000
Sold Price
$2,356,000
Premium/Discount to List
$106,000
4.71%
Current Estimated Value
$3,762,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,406,000
Avg. Annual Appreciation
5.60%

Purchase Details

Listed on
Jan 9, 2017
Closed on
May 11, 2017
Sold by
White Basia M
Bought by
Su Tu Liang and Su Show Chorn Jaw
Seller's Agent
Mark Berger
Keller Williams Realty-Studio City
Buyer's Agent
Dorcas Mao
E 2000 Realty
List Price
$2,250,000
Sold Price
$2,356,000
Premium/Discount to List
$106,000
4.71%

Purchase Details

Closed on
Jan 31, 2011
Sold by
Steyn Abram
Bought by
Evanston Development Llc

Purchase Details

Closed on
May 18, 2010
Sold by
The Robert & Mary Petro Trust
Bought by
Steyn Abram

Purchase Details

Closed on
Jun 10, 2003
Sold by
White Michael J
Bought by
White Basia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2003
Sold by
Petro Robert M
Bought by
Petro Robert M and Petro Mary E

Purchase Details

Closed on
Sep 27, 2002
Sold by
White Michael J
Bought by
White Basia M

Purchase Details

Closed on
May 18, 2000
Sold by
Moule James Crawford
Bought by
Meridian Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,425,000
Interest Rate
8.63%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 18, 1998
Sold by
White Basia
Bought by
White Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
6.91%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 29, 1997
Sold by
Teboul Adolphe
Bought by
Moule James Crawford and Moule Katherine Barrows

Purchase Details

Closed on
Oct 7, 1997
Sold by
Sanwa Bank California
Bought by
Elizabeth Moule and Stefanos Polyzoides Ar
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Richwell Development Iv Llc -- Western Resources Title
Su Tu Liang $2,356,000 Usa National Title Co
Evanston Development Llc $650,000 Lawyers Title
Steyn Abram -- Lawyers Title
White Basia M -- North American Title Co
Petro Robert M -- --
White Basia M -- --
Meridian Properties Llc -- --
White Michael J -- Fidelity National Title Co
Moule James Crawford $280,000 North American Title Co
Elizabeth Moule -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Basia M $500,000
Previous Owner Meridian Properties Llc $2,425,000
Previous Owner Moule James Crawford $150,000
Previous Owner White Michael J $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $2,356,000 +4.7% $721 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $2,250,000 -- $688 / 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 $1,653 $116,056 $116,056 --
2024 $1,653 $113,781 $113,781 --
2023 $1,627 $111,550 $111,550 $0
2022 $1,564 $109,363 $109,363 $0
2021 $1,491 $107,219 $107,219 $0
2019 $1,443 $104,040 $104,040 $0
2018 $1,463 $102,000 $102,000 $0
2017 $75 $2,228 $2,228 $0
2016 $329 $2,185 $2,185 $0
2015 $321 $2,153 $2,153 $0
2014 $322 $2,111 $2,111 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mark Berger

    Keller Williams Realty-Studio City

    (818) 432-1500

    6 Total Sales

    Mark Berger
    Section Image

  • D

    Buyer's Agent in 2017

    Dorcas Mao

    E 2000 Realty

    (626) 353-5885

    14 Total Sales

    Dorcas Mao
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17005615

California Regional Multiple Listing Service (CRMLS)

APN: 5722-014-021

California Los Angeles County Pasadena 91101 Madison Heights

369 S Marengo Ave, Pasadena, CA

This home is located at 369 S Marengo Ave, Pasadena, CA 91101 since 09 January 2017 and is currently estimated at $3,762,000, approximately $1,150 per square foot. This property was built in 1925. 369 S Marengo Ave 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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