NOT LISTED FOR SALE

Estimated Value: $925,794 - $1,067,000

1 Bed
2 Baths
1,014 Sq Ft
$618/mo HOA Fee

Last Sold May 12, 2022

Last sale price $925,000 $912 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,106/month

31 Days on Market

Highlights

  • Roof Top Pool
  • Gated with Attendant
  • Mountain View
  • Blair High School Rated A-
  • 0.43 Acre Lot
  • Clubhouse

About This Home

As of May 2022

Rare luxury condo with open floor plan that features one bedroom plus den and two bath, on the fifth floor of Pasadena’s first luxury high-rise residential building, 388 Cordova, built in 2019. From the spacious 95 SF north-facing private terrace, you’ll find panoramic views of the San Gabriel Mountains and the City of Pasadena. This light and bright unit features 10-foot high ceilings, hardwood floors, large kitchen with quartz countertops, Italian designed cabinetry, full-size washer and dryer, and steel construction and double-walled sound insulation. Bedroom suite has mountain views, walk-in closet and a decadent master bath. Building amenities include concierge, Amazon hub locker, gym, rooftop swimming pool, gardens, clubhouse, a beautiful courtyard and more. Attached garage. Minutes to anything you could want in Old Town Pasadena--shopping, eateries, entertainment, grocery, parks, and much more! Central, contemporary, and comfortable resort-style living, this unit has it all!

Last Listed By

Anna Wang

Keller Williams Realty License #01405688 Listed on: 02/18/2022

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,855

Year Built

  • Built in 2019

Lot Details

  • 0.43

HOA Fees

  • $618 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available

Interior Spaces

  • 1,014 Sq Ft Home
  • Living Room
  • Den
  • Mountain Views

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

Pool

  • Roof Top Pool
  • Above Ground Pool

Additional Features

  • Outdoor Grill
  • Two or More Common Walls
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 74608
  • Assessor Parcel Number 5722030194
  • $373 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 57 Units
  • First Residential Association, Phone Number (310) 981-9923
  • Fist Residential HOA
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Recreation Room
  • Community Storage Space

Recreation

  • Community Pool
  • Community Spa
  • Water Sports

Security

  • Gated with Attendant
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,855

Year Built

Built in 2019

Lot Details

0

HOA Fees

$618 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Gated with Attendant, Carbon Monoxide Detector(s), Card/Code Access, Gated Community, Gated with Guard, Smoke Detector(s)
  • View: Yes
  • Zoning: PSC-
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5722030194
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1014.00 Square Feet
  • Interior Amenities: Trash Chute
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 912.23
  • Room Type: Den, Living Room

Exterior Features

  • Exterior Features: Barbecue Private
  • View: Mountain(s)
  • Pool Features: Association, Community, Above Ground, Roof Top
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Clubhouse, Recreation Room, Storage, Electricity, Gas, Insurance, Maintenance Grounds, Trash, Utilities, Sewer
  • Association Fee: 618.00
  • Association Fee Frequency: Monthly
  • Association Name: First Residential
  • Phone: 310-981-9923
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Watersports
  • Association Management: Fist Residential

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 18679.00
  • Lot Size Acres: 0.4288

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18679.0000 Square Feet
  • Number Of Units In Community: 57
  • Number Of Units Total: 57

Tax Info

  • Tax Census Tract: 4636.02
  • Tax Lot: 1
  • Tax Tract Number: 74608
  • TaxOtherAnnualAssessmentAmount: 373.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Sold by
Mayfield Cory K
Bought by
Karsten Michael and Karsten Fatma
Total Days on Market
31
Current Estimated Value
$1,002,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$869,250
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2020
Closed on
May 4, 2020
Sold by
245 Los Robles Llc
Bought by
Mayfield Cory K
Seller's Agent
Johanna Gunther
2nd Avenue Sales & Marketing
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$810,000
Sold Price
$800,000
Premium/Discount to List
-$10,000
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$640,000
Interest Rate
3.12%
Mortgage Type
New Conventional

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
Mayfield Cory K $800,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayfield Cory K $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $925,000 +0.8% $912 / Sq Ft
02/18/2022 02/18/22 For Sale $918,000 +14.8% $905 / Sq Ft
06/05/2020 06/05/20 Sold $800,000 -1.2% $789 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $810,000 0.0% $799 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $810,000 -- $799 / 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
2024 $10,855 $962,369 $591,779 $370,590
2023 $10,763 $943,500 $580,176 $363,324
2022 $9,292 $824,452 $482,923 $341,529
2021 $8,915 $808,287 $473,454 $334,833
2020 $4,121 $364,085 $75,000 $289,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22033039

California Regional Multiple Listing Service (CRMLS)

APN: 5722-030-194