NOT LISTED FOR SALE

397 S El Molino Ave Unit 2 Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $997,000 - $1,084,945

3 Beds
4 Baths
1,985 Sq Ft
$526/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2026

Last sale price $1,050,000 $529 Per Sq Ft

Current estimated payment $7,094 / mo

88 Days on Market

Highlights

  • Front Porch
  • Foothills
  • Central Heating and Cooling System
  • Patio
  • Detached Carport Space
  • Laundry Facilities

About This Home

As of March 2026

Originally built as the 'Richardson Residence' by local architect Joseph Blick, this Pasadena townhome blends early 1900s craftsmanship with modern livability in one of the city's most walkable neighborhoods. Tucked within the Playhouse District, this residence offers immediate access to Lake Avenue's restaurants, boutiques, coffee shops, and transit options--making it ideal for anyone who values convenience and charm. You're also just a quick five-minute drive to Old Town Pasadena, the Rose Bowl, and Caltech, placing some of the city's most iconic destinations within easy reach.Stepping inside, you're greeted by warm natural light and classic architectural character that only a historic property can offer. Thoughtful updates throughout the home provide everyday comfort, while original touches add personality and a sense of place. The layout is exceptionally functional, featuring three en-suite bedrooms plus an additional full bathroom on the first floor--a rare configuration that works beautifully for larger families, multi-generational living, or anyone seeking flexible space.Original woodwork, detailed built-ins, and unique design elements showcase the home's heritage, while modern improvements--including updated plumbing, central heating and cooling, and refreshed kitchen and bath finishes--ensure it functions seamlessly for today's lifestyle. The property is also part of a small, well-maintained community with a low-cost HOA, offering peace of mind without the burden of large monthly fees. Quiet, long-term neighbors further enhance the sense of stability and tranquility.Whether you're relaxing in the living room, hosting guests, or exploring the vibrant neighborhood just outside your door, this townhome delivers a lifestyle that's both connected and uniquely Pasadena.Homes with this blend of history, location, and thoughtful livability rarely come to market.

Last Agent to Sell the Property

Brent Ballard

eXp Realty of Greater Los Angeles Brokerage Phone: (818) 919-0282 License #01297151 Listed on: 11/21/2025

eXp Realty of Greater Los Angeles

Co-Listed By

Trey Ballard

eXp Realty of Greater Los Angeles Brokerage Phone: (818) 919-0282 License #02215641

Last Buyer's Agent

E. Lee Bothast

Coldwell Banker Realty License #01512696

Coldwell Banker Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1906

Lot Details

  • 11,945 Sq Ft Lot
  • Two or More Common Walls
  • Sprinkler System

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • 1,985 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Detached Carport Space
  • Parking Available

Outdoor Features

  • Patio
  • Front Porch

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 5734017018

Community Details

Overview

  • 397 S El Molino HOA, Phone Number (517) 599-2184
  • Maintained Community
  • Foothills

Amenities

  • Laundry Facilities

Property Details

Home Type

Co-Op

Year Built

Built in 1906

Lot Details

0.27 Acres

HOA Fees

$450 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5734017018
  • Year Built: 1906
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1985.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Two
  • Price Per Square Foot: 528.97

Exterior Features

  • Patio: Yes
  • Fence: No
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Detached Carport

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Pest Control, Maintenance Grounds
  • Association Fee: 450.00
  • Association Fee Frequency: Monthly
  • Association Name: 397 S El Molino HOA
  • Phone: (517) 599-2184
  • Senior Community: No
  • Common Interest: Co-Ownership
  • Community Features: Foothills, Sidewalks, Suburban

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11945.00
  • Lot Size Acres: 0.2742

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11945.0000 Square Feet

Tax Info

  • Tax Lot: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2025
Closed on
Feb 23, 2026
Sold by
397 El Molino Llc
Bought by
Seller's Agent
Brent Ballard
eXp Realty of Greater Los Angeles
Buyer's Agent
E. Lee Bothast
Coldwell Banker Realty
List Price
$1,295,000
Sold Price
$1,050,000
Premium/Discount to List
-$245,000
-18.92%
Views
541
Current Estimated Value
$1,051,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,291
Avg. Annual Appreciation
-1.14%

Purchase Details

Closed on
Mar 16, 2022
Sold by
Visus Living Trust and Lulu Cheng Living Trust
Bought by
397 El Molino Llc

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
3.83%

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Madison Heights, CA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,050,000 Fidelity National Title
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $459,400
Previous Owner Koca Stephan J $492,200
Previous Owner Inaba Kenji $57,000
Previous Owner Inaba Kenji $564,000
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 Grover Ronald G $35,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2026 03/31/26 Sold $1,050,000 -4.4% $529 / Sq Ft
02/04/2026 02/04/26 Price Changed $1,098,000 -4.4% $553 / Sq Ft
01/07/2026 01/07/26 Price Changed $1,149,000 -8.0% $579 / Sq Ft
12/16/2025 12/16/25 Price Changed $1,249,000 -3.8% $629 / Sq Ft
12/08/2025 12/08/25 Price Changed $1,298,000 +0.2% $654 / Sq Ft
11/21/2025 11/21/25 For Sale $1,295,000 +76.2% $652 / Sq Ft
05/05/2017 05/05/17 Sold $735,000 0.0% $370 / Sq Ft View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,119 $870,085 $696,070 $174,015
2025 $10,119 $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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-25015

Pasadena-Foothills Association of REALTORS®

APN: 5734-017-018

Your Personal Tour Guide

Ask me questions while you tour the home.