NOT LISTED FOR SALE

397 S El Molino Ave Unit 2 Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $969,000 - $1,313,000

3 Beds
3 Baths
1,985 Sq Ft
$587/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $735,000 $370 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $7,487/month

12 Days on Market

Highlights

  • Craftsman Architecture
  • Granite Countertops
  • Rear Porch
  • Blair High School Rated A-
  • Walk-In Pantry
  • Coffered Ceiling

About This Home

As of May 2017

This beautifully maintained foursquare Crafstman style townhome is located in the highly desirable Pasadena Playhouse district. Within walking distance to The Shops on Lake and the Metro Gold Line, access to dining, shopping and entertainment has never been more convenient. The home was originally built in 1902 as the Richardson Residence by local renowned architect, Joseph Blick. The home's unique details include hardwood flooring, custom built-ins, and vintage diamond leaded glass. As you enter through the shared foyer, you are welcomed into the home by a coffered ceiling living room with ample natural light. Modern amenities in the home include updated copper plumbing, vessel sinks, granite countertops, and dual zoned A/C. The home must be seen in order to truly be appreciated.

Last Agent to Sell the Property

Kevin Cheng

KAL Real Estate Brokerage, Inc. License #01899241 Listed on: 04/22/2017

Last Buyer's Agent

Lulu Chen

KAL Real Estate Brokerage, Inc. License #01831633

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,600

Year Built

  • Built in 1906

Lot Details

  • 0.27 Acre Lot
  • East Facing Home
  • Landscaped
  • Sprinkler System

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Detached Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Craftsman Architecture
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,985 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Coffered Ceiling
  • Entryway
  • Living Room
  • Storage
  • Basement

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Patio
  • Rear Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5734017018

Community Details

Overview

  • Master Insurance
  • 397 S. El Molino Association
  • Not Applicable 1007242 Subdivision
  • Maintained Community

Amenities

  • Community Storage Space

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,600

Year Built

Built in 1906

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: PSR3
  • Architectural Style: Craftsman
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5734017018
  • Year Built: 1906
  • Special Features: None

Interior Features

  • Living Area: 1985.00
  • Interior Amenities: Storage, Copper Plumbing Partial, Built-in Features, Pantry, Coffered Ceiling(s)
  • Stories: 2
  • Entry Location: Ground Level w/Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 370.28
  • Room Type: Basement, Entry, All Bedrooms Up, Living Room, Walk-In Pantry, Walk-In Closet
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Patio And Porch Features: Rear Porch
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport, Assigned, Covered
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Dishwasher, Range Hood, Gas Water Heater, Recirculated Exhaust Fan
  • Heating Type: Natural Gas, Central, Zoned
  • Laundry Features: Stackable, In Closet, Inside
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Storage, Call for Rules, Maintenance Grounds
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: 397 S. El Molino Association

Schools

  • School District: Pasadena Unified

Green Features

  • Green Location: Walkability

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped, Sprinkler System
  • Lot Size Sq Ft: 11945.00

Multi Family

  • Lease Considered: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2022
Sold by
Visus Living Trust and Lulu Cheng Living Trust
Bought by
397 El Molino Llc
Current Estimated Value
$1,165,269

Purchase Details

Listed on
Apr 22, 2017
Closed on
Jun 30, 2017
Sold by
Chen Johnny
Bought by
Chen Johnny and The Johnny Chen Separate Prope
Seller's Agent
Kevin Cheng
KAL Real Estate Brokerage, Inc.
Buyer's Agent
Lulu Chen
KAL Real Estate Brokerage, Inc.
List Price
$735,000
Sold Price
$735,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%

Purchase Details

Listed on
Apr 22, 2017
Closed on
May 2, 2017
Sold by
Koca Stephen J and Koca Jennifer Shin
Bought by
Chen Jason Shih Chun and Visus Living Trust
Seller's Agent
Kevin Cheng
KAL Real Estate Brokerage, Inc.
Buyer's Agent
Lulu Chen
KAL Real Estate Brokerage, Inc.
List Price
$735,000
Sold Price
$735,000

Purchase Details

Listed on
Apr 22, 2017
Closed on
May 1, 2017
Sold by
Dang Kathy Binh
Bought by
Chen Johnny
Seller's Agent
Kevin Cheng
KAL Real Estate Brokerage, Inc.
Buyer's Agent
Lulu Chen
KAL Real Estate Brokerage, Inc.
List Price
$735,000
Sold Price
$735,000

Purchase Details

Closed on
Jun 25, 2013
Sold by
Koca Stephan J
Bought by
Koca Stephen J and Koca Jennifer Shin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,400
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2009
Sold by
Inaba Kenji and Korsmit Susan
Bought by
Koca Stephan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,200
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2005
Sold by
Thompson Robert and Fabinsky Beth
Bought by
Inaba Kenji and Korsmit Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,822
Interest Rate
5.51%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 9, 1999
Sold by
Grover Ronald G and Grover Valerie
Bought by
Thompson Robert and Fabinsky Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.64%
Source: Public Records

Range of Values:

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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
397 El Molino Llc -- None Listed On Document
Chen Johnny -- None Available
Chen Jason Shih Chun $735,000 None Available
Chen Johnny -- None Available
Koca Stephen J -- Landsafe Title Of Ca Inc
Koca Stephan J $610,000 Fidelity National Title Co
Inaba Kenji $685,000 Southland Title Corporation
Thompson Robert $270,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koca Stephen J $459,400
Previous Owner Koca Stephan J $492,200
Previous Owner Inaba Kenji $564,000
Previous Owner Inaba Kenji $57,000
Previous Owner Inaba Kenji $45,822
Previous Owner Inaba Kenji $616,500
Previous Owner Thompson Robert J $250,000
Previous Owner Thompson Robert $283,500
Previous Owner Thompson Robert $52,000
Previous Owner Thompson Robert $202,500
Previous Owner Grover Ronald G $35,000
Closed Thompson Robert $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold $735,000 0.0% $370 / Sq Ft
05/04/2017 05/04/17 Pending -- -- --
04/22/2017 04/22/17 For Sale $735,000 -- $370 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $9,600 $853,025 $682,422 $170,603
2024 $9,600 $836,300 $669,042 $167,258
2023 $9,519 $819,903 $655,924 $163,979
2022 $9,189 $803,827 $643,063 $160,764
2021 $8,810 $788,066 $630,454 $157,612
2019 $8,479 $764,693 $611,755 $152,938
2018 $8,649 $749,700 $599,760 $149,940
2016 $7,796 $669,278 $435,128 $234,150
2015 $7,712 $659,225 $428,592 $230,633
2014 $7,549 $646,313 $420,197 $226,116
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kevin Cheng

    KAL Real Estate Brokerage, Inc.

    (626) 552-8828

    1 Total Sale

    Kevin Cheng
    Section Image

  • L

    Buyer's Agent in 2017

    Lulu Chen

    KAL Real Estate Brokerage, Inc.

See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-317003499

Pasadena-Foothills Association of REALTORS®

APN: 5734-017-018

California Los Angeles County Pasadena 91101 Madison Heights

397 S El Molino Ave Unit 2, Pasadena, CA

This home is located at 397 S El Molino Ave Unit 2, Pasadena, CA 91101 since 22 April 2017 and is currently estimated at $1,165,269, approximately $587 per square foot. This property was built in 1906. 397 S El Molino Ave Unit 2 is a home located in Los Angeles County with nearby schools including McKinley School, Blair High School, and The Waverly School.

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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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