Seller's Agent in 2020
David Tramontano
The Jireh Group
(626) 324-9448
1 in this area
12 Total Sales
Estimated Value: $1,215,000 - $1,496,393
Contractor/Investors/Historical enthusiasts delight ! Two single family homes (2,292 sq ft) on an oversized lot (11,464 sq ft) are located in the heart of Pasadena. The property stretches one full block facing opposite streets so that each home has its own full private front and back yards. A separate 2-car garage that can potentially be expanded and converted into an ADU. The front house is a Craftsman with 2 beds/1 bath with a large unfinished attic (potential ADU conversion) and partially finished basement. This home has many original historical features such as 13+ ft ceilings, hardwood oak flooring, sliding pocket dinning room doors, large entry porch with Roman pillars. 397 Townsend is a 1 bed/1 bath with laundry room. Both homes will be delivered vacant at close of escrow so that the turnaround time for restoration to their prior glory and fantastic income potential can begin immediately! Renters will appreciate convenience to Old Town Pasadena shopping/restaurants, public transportation/Gold Line, 210, and 134 freeways, iconic Rose Bowl, Cal Tech, JPL and so much more. This opportunity is within 'The Raymond-Summit Historical District' of the City of Pasadena. The buyer to make their own independent investigation as to all development potential.
Last Agent to Sell the Property
The Jireh Group License #01338351 Listed on: 07/17/2020
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Summit Up Llc | $747,500 | Chicago Title Company | |
| Fruttero Saul G | -- | Security Union Title | |
| Fruttero Saul G | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Summit Up Llc | $598,000 | |
| Previous Owner | Fruttero Saul G | $305,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/05/2020 10/05/20 | Sold | $747,500 | 0.0% | $326 / Sq Ft |
| 08/24/2020 08/24/20 | Pending | -- | -- | -- |
| 08/21/2020 08/21/20 | Off Market | $747,500 | -- | -- |
| 08/06/2020 08/06/20 | Price Changed | $749,000 | -6.3% | $327 / Sq Ft |
| 07/17/2020 07/17/20 | For Sale | $799,000 | -- | $349 / Sq Ft |
| 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 | $9,413 | $809,116 | $649,458 | $159,658 |
| 2024 | $9,413 | $793,252 | $636,724 | $156,528 |
| 2023 | $9,334 | $777,699 | $624,240 | $153,459 |
| 2022 | $9,017 | $762,450 | $612,000 | $150,450 |
| 2021 | $8,650 | $747,500 | $600,000 | $147,500 |
| 2020 | $3,060 | $230,867 | $148,420 | $82,447 |
| 2019 | $3,064 | $226,341 | $145,510 | $80,831 |
| 2018 | $2,973 | $221,904 | $142,657 | $79,247 |
| 2016 | $2,844 | $213,289 | $137,118 | $76,171 |
| 2015 | $2,812 | $210,086 | $135,059 | $75,027 |
| 2014 | $2,774 | $205,972 | $132,414 | $73,558 |
Seller's Agent in 2020
David Tramontano
The Jireh Group
(626) 324-9448
1 in this area
12 Total Sales
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P0-820002755
APN: 5725-023-037