NOT LISTED FOR SALE

382 N Michigan Ave Pasadena, CA 91106

Northwest Pasadena Neighborhood

Estimated Value: $1,000,000 - $1,343,392

3 Beds
2 Baths
1,614 Sq Ft
$684/Sq Ft Est. Value

Sale Details

Date Sold: January 24, 2022

Last sale price $902,000 $559 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,884 / mo

136 Days on Market

About This Home

As of January 2022

Great property with plenty of potential. This Duplex is a 2 bedroom 1 bathroom front house with a 1 bedroom 1 bath back house. Two car garage is a separate building on it's own. With separate electric and gas meters making it an easy rental income producing property. Located in a well established neighborhood of North Pasadena. This a great opportunity that will not last.

Last Agent to Sell the Property

Jessie Rodriguez

Coldwell Banker Icon License #01418054 Listed on: 07/27/2021

Coldwell Banker Icon

Last Buyer's Agent

Jerry Sun

RE/MAX Premier Properties License #01338788

RE/MAX Premier Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 7,502 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,614 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 38 / A
  • Tax Tract Number 4623
  • Assessor Parcel Number 5739003053

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $2,400
  • Operating Expense $5,400
  • Gross Income $49,200
  • Net Operating Income $43,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

7,502 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: PSR4
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5739003053
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 558.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7502.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 49200.00
  • Gross Scheduled Income: 49200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7502.0000 Square Feet
  • Net Operating Income: 43800.00
  • 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: 5400.00
  • Rent Control: No
  • Total Expenses: 5400.00

Tax Info

  • Tax Block: A
  • Tax Census Tract: 4623.01
  • Tax Lot: 38
  • Tax Tract Number: 4623

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Dec 15, 2021
Sold by
Bought by
Seller's Agent
Jessie Rodriguez
Coldwell Banker Icon
Buyer's Agent
Jerry Sun
RE/MAX Premier Properties
List Price
$1,050,000
Sold Price
$902,000
Premium/Discount to List
-$148,000
-14.1%
Current Estimated Value
$1,104,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,348
Avg. Annual Appreciation
4.66%
Original Mortgage
$631,400
Outstanding Balance
$580,722
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$523,626

Purchase Details

Closed on
Jul 20, 2012
Sold by
Bought by

Purchase Details

Closed on
Jul 5, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 19, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,600
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$902,000 First American Title Company O
-- First American Title Ins Co
$364,600 Landsafe Title
$662,000 Chicago Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $631,400
Previous Owner $529,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/24/2022 01/24/22 Sold $902,000 0.0% $559 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
10/26/2021 10/26/21 Price Changed $902,000 -5.0% $559 / Sq Ft
09/15/2021 09/15/21 Price Changed $949,000 -4.9% $588 / Sq Ft
08/27/2021 08/27/21 Price Changed $997,500 -5.0% $618 / Sq Ft
07/27/2021 07/27/21 For Sale $1,050,000 -- $651 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,441 $957,208 $668,561 $288,647
2024 $10,850 $938,440 $655,452 $282,988
2023 $10,759 $920,040 $642,600 $277,440
2022 $7,513 $638,212 $446,750 $191,462
2021 $7,208 $625,699 $437,991 $187,708
2020 $6,926 $619,284 $433,500 $185,784
2019 $6,943 $607,142 $425,000 $182,142
2018 $7,023 $595,238 $416,667 $178,571
2016 $6,793 $572,127 $400,489 $171,638
2015 $6,718 $563,534 $394,474 $169,060
2014 $6,585 $552,496 $386,747 $165,749
Source: Public Records

Agents Affiliated with this Home

  • Jessie Rodriguez

    Seller's Agent in 2022

    Jessie Rodriguez

    Coldwell Banker Icon

    (909) 657-1022

    1 in this area

    554 Total Sales

    Jessie Rodriguez
    Section Image
  • Jerry Sun

    Buyer's Agent in 2022

    Jerry Sun

    RE/MAX

    (626) 589-0997

    4 in this area

    124 Total Sales

    Jerry Sun
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21164819

California Regional Multiple Listing Service (CRMLS)

APN: 5739-003-053

California Los Angeles County Pasadena 91106 Northwest Pasadena

382 N Michigan Ave, Pasadena, CA

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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