NOT LISTED FOR SALE

Estimated Value: $892,000 - $1,385,000

4 Beds
3 Baths
1,480 Sq Ft
$816/Sq Ft Est. Value

Last Sold September 13, 2013

Last sale price $575,000 $389 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $7,054/month

21 Days on Market

About This Home

As of September 2013

Front House 3-Bedroom and 2-Bathroom living room and front porch rented at $1,750 per month with a large storage space rented to tenant occupying in the front house for $200 per month, the property has gate in the front with both sits access for parking, the house in the back has 1-Bedroom and 1-Bathroom detached rented at $1,150 per month, additional storage space rented for $600 per month. The property has a total income of $ 3,700.00 per month, this is a great property located in City of Pasadena for investment or owner user.

Last Agent to Sell the Property

Arthur Boghossian

Exclusive Estate Properties Inc License #01019631 Listed on: 08/07/2013

Last Buyer's Agent

ROY ZHANG

Landmaster Realty License #01761264

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 6,801 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage

Home Design

  • 1,480 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 97
  • Tax Tract Number 7747
  • Assessor Parcel Number 5755021022

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5755021022
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 388.51

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6801.00
  • Lot Size Acres: 0.1560

Multi Family

  • Gross Income: 3700.00
  • Gross Scheduled Income: 3700.00
  • Lot Size Area: 6801.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 97
  • Tax Tract Number: 7747
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2013
Closed on
Sep 4, 2013
Sold by
Sultanyan Arutyun
Bought by
Yau Wanka Chris and Yau Family Trust
Seller's Agent
Arthur Boghossian
Exclusive Estate Properties Inc
Buyer's Agent
ROY ZHANG
Landmaster Realty
List Price
$579,999
Sold Price
$575,000
Premium/Discount to List
-$4,999
-0.86%
Current Estimated Value
$1,207,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$632,795
Avg. Annual Appreciation
6.23%

Purchase Details

Listed on
Feb 22, 2013
Closed on
May 30, 2013
Sold by
Bunarjyan Maria
Bought by
Sultanyan Arutyun
Seller's Agent
Arthur Boghossian
Exclusive Estate Properties Inc
Buyer's Agent
Patty Granados
Media West Realty,Inc.
List Price
$299,000
Sold Price
$310,000
Premium/Discount to List
$11,000
3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
368.56%
Original Mortgage
$282,750
Interest Rate
3.37%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 10, 2007
Sold by
Pogossian Arman
Bought by
Bunarjyan Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2003
Sold by
Babelyan Oganess and Babelyan Lilit
Bought by
Pogossian Arman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yau Wanka Chris $575,000 North American Title Co
Sultanyan Arutyun $435,000 None Available
Bunarjyan Maria $535,000 Alliance Title
Pogossian Arman $385,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sultanyan Arutyun $282,750
Previous Owner Bunarjyan Maria $428,000
Previous Owner Pogossian Arman $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2013 09/13/13 Sold $575,000 -0.9% $389 / Sq Ft
08/28/2013 08/28/13 Pending -- -- --
08/07/2013 08/07/13 For Sale $579,999 +87.1% $392 / Sq Ft
04/19/2013 04/19/13 Sold $310,000 +3.7% $209 / Sq Ft View Prior Sale
02/27/2013 02/27/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $299,000 -- $202 / 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 $8,486 $704,858 $459,692 $245,166
2024 $8,486 $691,038 $450,679 $240,359
2023 $8,241 $677,490 $441,843 $235,647
2022 $7,963 $664,207 $433,180 $231,027
2021 $7,649 $651,185 $424,687 $226,498
2020 $7,354 $644,509 $420,333 $224,176
2019 $7,370 $631,873 $412,092 $219,781
2018 $7,430 $619,484 $404,012 $215,472
2016 $7,206 $595,431 $388,325 $207,106
2015 $7,127 $586,488 $382,492 $203,996
2014 $6,985 $575,000 $375,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13157375

California Regional Multiple Listing Service (CRMLS)

APN: 5755-021-022