NOT LISTED FOR SALE

385 S Oakland Ave Unit 101 Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $888,000 - $1,022,000

3 Beds
2 Baths
1,637 Sq Ft
$566/mo HOA Fee

Last Sold March 29, 2023

Last sale price $874,500 $534 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,399/month

140 Days on Market

Highlights

  • Updated Kitchen
  • Open Floorplan
  • Wood Flooring
  • 1.21 Acre Lot
  • Midcentury Modern Architecture
  • Main Floor Primary Bedroom

About This Home

As of March 2023

$50,000 reduction in price! It’s all about the location, and this remodeled midcentury condo has it all! Located on a gorgeous tree-lined street in the heart of Pasadena, just north of prestigious Madison Heights, this 3-bedroom, 2-bath condo (with den/bonus room) 1st floor corner unit is on the courtyard level. This 1,637 sq. ft. showpiece trophy condo is an architect’s dream and was featured on HGTV. The spacious unit has a double-door entry into an open floor plan with lots of natural light and gorgeous hardwood floors throughout. The remodeled large kitchen has quartz counter tops and modern white lacquer cabinetry, with ample storage options, and a breakfast nook. The kitchen opens up into the gorgeous dining room, which leads to the zen living room, featuring lots of cabinet storage space. The 3 bedrooms are very spacious, and the master is phenomenal with a separate space for yoga or just reading a good book. A remodeled bathroom is ensuite to the bedroom. The 2 bathrooms are remodeled with quartz counter tops and the master suite has an extra-large bathroom with walk-in shower and plenty of closet space. Nicknamed “The Spa”, this bathroom is exactly what you’ll need after a long day at work or a place to relax over the weekend. All enhancements to this condo have been meticulously designed for each intended space, including high-end cabinetry, and top-of-the-line fixtures. There is a community laundry room with all new state-of-the-art machines. There are 2 parking spaces, and plentiful street parking. It also has 2 outdoor storage cabinets. The condo has a community pool, lobby, elevator access, and private entry with gated parking. HOA covers outside earthquake insurance, water and trash, pool and common areas. Walking distance to Lake Avenue, Old Town Pasadena, or the Playhouse District all with shopping and popular dining selections. Also walking distance to the renowned Caltech and the Metro Gold Line. This is a must-see condo-don't wait.

Last Agent to Sell the Property

DEBRA O'Neill

RE/MAX TerraSol License #01881238 Listed on: 10/18/2022

RE/MAX TerraSol

Last Buyer's Agent

Jared Jones

POWER OF 2 REALTY License #01822924

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

  • $566 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture
  • Turnkey

Interior Spaces

  • 1,637 Sq Ft Home
  • Open Floorplan
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Security Lights
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Gas Oven
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Walk-in Shower

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31733
  • Assessor Parcel Number 5734005030
  • $328 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 40 Units
  • Oakland Towers Association, Phone Number (626) 529-3918
  • Partners Community Management HOA
  • Built by Pool, Insurance, Maintenance Grounds, P
  • Maintained Community

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1963 | Remodeled

Lot Details

0

HOA Fees

$566 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, Stove,Dishwasher
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • View: No
  • Zoning: PSR3
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5734005030
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1637.00 Square Feet
  • Interior Amenities: Open Floorplan, Quartz Counters
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Family Kitchen, Separated
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 534.21
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Office
  • Bathroom Features: Shower, Quartz Counters, Remodeled, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Builder Name: Pool, Insurance, Maintenance Grounds, P
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Detached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Insurance, Maintenance Grounds, Pet Rules
  • Association Fee: 565.55
  • Association Fee Frequency: Monthly
  • Association Name: Oakland Towers
  • Phone: 626 529 3918
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Hiking, Gutters, Park, Sidewalks, Street Lights
  • Association Management: Partners Community Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 52524.00
  • Lot Size Acres: 1.2058

Multi Family

  • Lease Considered: No
  • Lot Size Area: 52524.0000 Square Feet
  • Number Of Units In Community: 40
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4636.01
  • Tax Lot: 1
  • Tax Tract Number: 31733
  • TaxOtherAnnualAssessmentAmount: 328.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Mar 7, 2023
Sold by
Zheng Kang Hua
Bought by
Hedrich Juli Susan
Seller's Agent
DEBRA O'Neill
RE/MAX TerraSol
Buyer's Agent
Jared Jones
POWER OF 2 REALTY
List Price
$949,000
Sold Price
$874,500
Premium/Discount to List
-$74,500
-7.85%
Views
190
Current Estimated Value
$960,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,328
Avg. Annual Appreciation
3.37%
Original Mortgage
$655,875
Outstanding Balance
$633,080
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$327,748

Purchase Details

Listed on
Mar 9, 2017
Closed on
May 12, 2017
Sold by
Wenzel Peter M
Bought by
Zheng Kang Hua
Seller's Agent
Tadeh Minassian
Signature Fine Estates, Inc.
Buyer's Agent
KERRI MEKDARA
eXp Realty of California Inc
List Price
$748,000
Sold Price
$750,000
Premium/Discount to List
$2,000
0.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.66%
Original Mortgage
$600,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 1994
Sold by
Spraic Birdie M
Bought by
Wenzel Peter M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.5%
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
Hedrich Juli Susan $874,500 First American Title
Zheng Kang Hua $750,000 Lawyers Title
Wenzel Peter M $165,000 Title Land Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedrich Juli Susan $655,875
Previous Owner Zheng Kang Hua $600,000
Previous Owner Wenzel Peter M $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2023 03/29/23 Sold $874,500 -2.7% $534 / Sq Ft
01/17/2023 01/17/23 Price Changed $899,000 -5.3% $549 / Sq Ft
10/18/2022 10/18/22 For Sale $949,000 +26.5% $580 / Sq Ft
05/23/2017 05/23/17 Sold $750,000 +0.3% $458 / Sq Ft View Prior Sale
04/19/2017 04/19/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $748,000 0.0% $457 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $748,000 -- $457 / 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 $10,123 $909,829 $696,443 $213,386
2024 $10,123 $891,990 $682,788 $209,202
2023 $9,541 $836,635 $669,309 $167,326
2022 $9,206 $820,232 $656,186 $164,046
2021 $8,826 $804,150 $643,320 $160,830
2019 $8,489 $780,300 $624,240 $156,060
2018 $8,681 $765,000 $612,000 $153,000
2016 $2,795 $234,100 $113,645 $120,455
2015 $2,763 $230,584 $111,938 $118,646
2014 $2,711 $226,068 $109,746 $116,322
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22223846

California Regional Multiple Listing Service (CRMLS)

APN: 5734-005-030