NOT LISTED FOR SALE

395 S Marengo Ave Unit 209 Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $781,251 - $1,067,000

2 Beds
2 Baths
1,120 Sq Ft
$467/mo HOA Fee

Last Sold March 09, 2021

Last sale price $785,000 $701 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,486/month

14 Days on Market

Highlights

  • Updated Kitchen
  • 0.89 Acre Lot
  • Property is near public transit
  • Blair High School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of March 2021

Award Winning Evanston Court is a new Craftsman designed complex completed in 2017 with the historic period in mind with all the modern amenities of today. Winner of a 2018 Preservation Design Award this Coveted landmark designation with Mills Act status qualifies for significant property tax savings! This lovely 2 bedroom 1.75 bath top floor unit fully renovated in 2017 has all new structural, mechanical, plumbing and electrical systems. Just some of the features of this unique unit are: Its charming front patio, large private secure storage room, secure access, stackable washer/dryer closet, 2 car assigned parking, separate communal room for bike storage, permit guest parking, recessed lighting, hardwood floors, custom Hunter Douglas wood shutters, classic interior doors and moldings, new interior paint, HVAC, and tank less water heater. Centrally Located near the 110/210/710 freeways, Metro Gold Line, Old Town Pasadena, Rose Bowl, Trader Joe's, CalTech, Whole Foods, and so much more!

Last Agent to Sell the Property

Seta Chorbajian

Redfin Corporation License #01419425 Listed on: 01/19/2021

Redfin Corporation

Last Buyer's Agent

Yuan Le

Ricky&Jessie Realty License #01947274

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,901

Year Built

  • Built in 2017

Lot Details

  • End Unit
  • Two or More Common Walls
  • East Facing Home

HOA Fees

  • $467 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Home Design

  • Turnkey

Interior Spaces

  • 1,120 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Family Room Off Kitchen

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Front Porch

Additional Features

  • Property is near public transit
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 72716
  • Assessor Parcel Number 5722015034

Community Details

Overview

  • 24 Units
  • Evanston Court HOA, Phone Number (323) 349-0865
  • Cardinal Management Group HOA
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Community Storage Space

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,901

Year Built

Built in 2017

Lot Details

0

HOA Fees

$467 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Card/Code Access
  • View: No
  • Zoning: PSR*
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5722015034
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1120.00 Square Feet
  • Interior Amenities: Balcony, Open Floorplan, Recessed Lighting
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Levels: One
  • Price Per Square Foot: 700.89
  • Room Type: All Bedrooms Up
  • Bathroom Features: Shower, Shower In Tub
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Storage, Maintenance Grounds, Trash, Controlled Access
  • Association Fee: 467.00
  • Association Fee Frequency: Monthly
  • Association Name: Evanston Court HOA
  • Phone: 323-349-0865
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Cardinal Management Group

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 38844.00
  • Lot Size Acres: 0.8917

Multi Family

  • Lease Considered: No
  • Lot Size Area: 38844.0000 Square Feet
  • Number Of Units In Community: 24
  • Number Of Units Total: 24

Tax Info

  • Tax Census Tract: 4636.02
  • Tax Lot: 1
  • Tax Tract Number: 72716

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Feb 3, 2021
Sold by
Cheng Richard and Go Cherrie Shyr
Bought by
Shi Lei and Zhang Wei
Seller's Agent
Seta Chorbajian
Redfin Corporation
Buyer's Agent
Yuan Le
Ricky&Jessie Realty
List Price
$765,000
Sold Price
$785,000
Premium/Discount to List
$20,000
2.61%
Total Days on Market
14
Current Estimated Value
$900,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,063
Avg. Annual Appreciation
1.18%
Original Mortgage
$555,000
Outstanding Balance
$505,369
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$319,684

Purchase Details

Closed on
Apr 17, 2017
Sold by
Evanston Development Llc
Bought by
Cheng Richard and Go Cherrie Shyr Tan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,750
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Shi Lei $785,000 Chicago Title Company
Cheng Richard $749,000 Fntg Builder Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shi Lei $555,000
Previous Owner Cheng Richard $545,000
Previous Owner Cheng Richard $561,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2021 03/09/21 Sold $785,000 +2.6% $701 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $765,000 -- $683 / 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 $2,901 $234,000 $152,000 $82,000
2023 $4,935 $416,000 $270,300 $145,700
2022 $4,854 $416,000 $270,300 $145,700
2021 $3,218 $280,000 $167,900 $112,100
2020 $3,123 $280,000 $167,900 $112,100
2019 $3,017 $264,000 $158,000 $106,000
2018 $3,229 $285,000 $171,000 $114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF21011272

California Regional Multiple Listing Service (CRMLS)

APN: 5722-015-034