NOT LISTED FOR SALE

372 Rosemont Ave Pasadena, CA 91103

East Arroyo Neighborhood

Estimated Value: $1,300,000 - $1,713,362

4 Beds
2 Baths
2,322 Sq Ft
$634/Sq Ft Est. Value

Last Sold July 27, 2012

Last sale price $850,000 $366 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $8,693/month

291 Days on Market

Highlights

  • Mediterranean Architecture
  • Wood Siding
  • No Heating

About This Home

As of July 2012

This is an extraordinary opportunity to own a rare 1924 duplex near prestigious Prospect Park. This lovely Mediterranean offers the exceptional charm and character usually reserved for single family homes. It was completely remodeled in 2007 and reflects an elegant yet authentic style reflective of the architect's original intent. Both units are 2BR/1BA and feature original hardwoods throughout, granite and stainless steel kitchens, updated bathrooms, built in bookcases, stained glass accents, indoor laundry and likely Batchelder fireplaces. One unit is single story with a large open kitchen that flows into the dining area and opens via french doors to a large deck. The second has a dramatic stairwell, walk-in closets, and french windows that open out onto a charming patio. Outside,a mature tree provides shade for the backyard. The home has a long driveway and a detached two-car garage. Property appears to be zoned RM-12.

Last Agent to Sell the Property

Laura Spencer

T.N.G. Real Estate Consultants License #01701977 Listed on: 10/06/2011

T.N.G. Real Estate Consultants

Last Buyer's Agent

Linda Doyle

T.N.G. Real Estate Consultants License #01769582

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 6,512

Parking

  • 2 Car Garage

Home Design

  • 2,322 Sq Ft Home
  • Mediterranean Architecture
  • Wood Siding
  • Stucco

Additional Features

  • 6,512 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 1
  • Assessor Parcel Number 5711016023

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Net Operating Income $50,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 5.61
  • View: No
  • Zoning: RM12
  • Architectural Style: Mediterranean
  • Property Type: Residential Income
  • Parcel Number: 5711016023
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 366.06

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6512.00
  • Lot Size Acres: 0.1490

Multi Family

  • Gross Multiplier: 14.41
  • Gross Scheduled Income: 62400.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6512.0000 Square Feet
  • Net Operating Income: 50400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 12000.00

Tax Info

  • Tax Area: 7497
  • Tax Lot: 5
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2011
Closed on
Jun 13, 2012
Sold by
Harding Tricia D and Thomas Deborah S
Bought by
Girard Michael and Gernet Cynthia
Seller's Agent
Laura Spencer
T.N.G. Real Estate Consultants
Buyer's Agent
Linda Doyle
T.N.G. Real Estate Consultants
List Price
$1,019,000
Sold Price
$850,000
Premium/Discount to List
-$169,000
-16.58%
Current Estimated Value
$1,471,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$621,341
Avg. Annual Appreciation
4.17%
Original Mortgage
$520,000
Outstanding Balance
$357,321
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$1,114,020

Purchase Details

Closed on
Jan 11, 2007
Sold by
Sulahian Amy L
Bought by
Harding Tricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2005
Sold by
Martinez Oz David
Bought by
Sulahain Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2005
Sold by
David S Lawson Trust Of 1992
Bought by
Sulahian Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 1992
Sold by
Lawson David S
Bought by
Lawson David S and David S Lawson Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Girard Michael $850,000 Ticor Title Co
Thomas Deborah S -- Ticor Title Co
Harding Tricia D $1,125,000 Commonwealth Title Co
Sulahain Amy L -- Commonwealth Title
Sulahian Amy L $725,000 Commonwealth Title
Lawson David S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Girard Michael $520,000
Previous Owner Harding Tricia D $900,000
Previous Owner Sulahian Amy L $580,000
Closed Sulahian Amy L $72,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2012 07/27/12 Sold $850,000 -16.6% $366 / Sq Ft
07/23/2012 07/23/12 Pending -- -- --
10/06/2011 10/06/11 For Sale $1,019,000 -- $439 / 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 $11,802 $1,046,705 $800,423 $246,282
2024 $11,802 $1,026,182 $784,729 $241,453
2023 $11,703 $1,006,062 $769,343 $236,719
2022 $11,298 $986,336 $754,258 $232,078
2021 $10,833 $966,997 $739,469 $227,528
2019 $10,426 $938,317 $717,537 $220,780
2018 $10,644 $919,919 $703,468 $216,451
2016 $10,305 $884,199 $676,152 $208,047
2015 $10,193 $870,918 $665,996 $204,922
2014 $9,980 $853,859 $652,951 $200,908
Source: Public Records

Agents Affiliated with this Home

  • Laura Spencer

    Seller's Agent in 2012

    Laura Spencer

    T.N.G. Real Estate Consultants

    (714) 420-5534

    67 Total Sales

    Laura Spencer
    Section Image

  • L

    Buyer's Agent in 2012

    Linda Doyle

    T.N.G. Real Estate Consultants

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P798995

California Regional Multiple Listing Service (CRMLS)

APN: 5711-016-023

California Los Angeles County Pasadena 91103 East Arroyo

372 Rosemont Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

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

Nearby Homes