NOT LISTED FOR SALE

397 S El Molino Ave Unit 3 Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $1,082,000 - $1,402,000

2 Beds
2 Baths
2,079 Sq Ft
0.27 Acres

Last Sold April 24, 2020

Last sale price $900,000 $433 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,846/month

8 Days on Market

Highlights

  • Craftsman Architecture
  • Mountain View
  • Wood Flooring
  • Blair High School Rated A-
  • Deck
  • Attic

About This Home

As of April 2020

Welcome to a true Pasadena treasure! The Craftsman Condominium located on a picturesque tree-lined street in the desirable neighborhood of Pasadena. Built in 1906, this wonderful home meticulously maintained by the current owners. Fine interior and exterior appointments highlight the beautiful home including original hardwood flooring, lead glass windows with a inviting front porch, the entrance welcomes you into the oversized private home located on the 2nd floor, the galley hallway, leading to the large spacious living room with a decrotive fireplace. The adjacent formal dining room with a decorative fireplace and large bay window, perfect for dinner parties with it's close proximity to the kitchen and a new expansive outdoor redwood deck. The kitchen has tile counters with stainless steel appliances. A separate laundry with stackable W/D and a convenient sink. Two spacious bedrooms each with a bathroom off the rooms, and a staircase to the attic, approx. 670 sqft. In the true Craftsman style, the home has an abundance of windows that provide views of the beautiful trees and mountains. The two car detached carport is side by side. Close to Old Town Pasadena, Lake Ave. district, a true jewel of this early architecture.

Last Agent to Sell the Property

Kathleen Bywater

Berkshire Hathaway Home Servic License #01991093 Listed on: 03/26/2020

Berkshire Hathaway Home Servic

Last Buyer's Agent

Kathleen Bywater

Berkshire Hathaway Home Servic License #01991093 Listed on: 03/26/2020

Berkshire Hathaway Home Servic

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,939

Year Built

  • Built in 1906

Lot Details

  • Landscaped
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn

Home Design

  • Craftsman Architecture
  • Raised Foundation
  • Stucco

Interior Spaces

  • 2,079 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Decorative Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Utility Room
  • Mountain Views
  • Attic

Kitchen

  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Low Flow Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Guest Parking
  • Parking Lot
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Deck
  • Open Patio
  • Outdoor Grill
  • Front Porch

Utilities

  • Heating System Uses Natural Gas
  • Overhead Utilities

Listing and Financial Details

  • Assessor Parcel Number 5734017019

Community Details

Overview

  • 3 Units
  • 397 S. El Molino Ave Association

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,939

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Inclusions: Washer & Dryer, BBQ, Refrigerator
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: PSR3
  • Architectural Style: Craftsman
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5734017019
  • Year Built: 1906
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2079.00
  • Interior Amenities: Crown Molding
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Decorative, Dining Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 432.90
  • Room Type: Attic, Entry, Formal Entry, Living Room, Utility Room
  • Bathroom Features: Linen Closet/Storage, Low Flow Shower, Low Flow Toilet(s), Remodeled
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Barbecue Private
  • View: Mountain(s)
  • Patio And Porch Features: Deck, Front Porch, Patio Open
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Guest, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Natural Gas
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Individual Room

Condo/Co-op/Association

  • Amenities: Pet Rules
  • Association Fee Frequency: Monthly
  • Association Name: 397 S. El Molino Ave
  • Senior Community: No

Green Features

  • Efficiency: Appliances

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Front Yard, Landscaped, Lawn, Level, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Utilities - Overhead, Walkstreet, Yard
  • Lot Size Sq Ft: 11945.00
  • Lot Size Acres: 0.2700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11945.0000 Square Feet
  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2020
Closed on
Mar 18, 2020
Sold by
Churukian Michael M and Jackson Gregory S
Bought by
Siegelbaum Lewis Henry and Moch Leslie Page
Seller's Agent
Kathleen Bywater
Berkshire Hathaway Home Servic
Buyer's Agent
Kathleen Bywater
Berkshire Hathaway HomeServices California Properties
List Price
$895,000
Sold Price
$900,000
Premium/Discount to List
$5,000
0.56%
Current Estimated Value
$1,275,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,191
Avg. Annual Appreciation
6.50%
Original Mortgage
$575,000
Outstanding Balance
$509,530
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$751,309

Purchase Details

Closed on
Sep 30, 2013
Sold by
Churukian Wendy Marie
Bought by
Churukian Michael M and Jackson Gregory S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2006
Sold by
Churukian Wendy Marie
Bought by
Churukian Michael M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 13, 2006
Sold by
Greenstein M A
Bought by
Churukian Michael M and Jackson Gregory S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 1, 1995
Sold by
Singarella Paul N and Singarella Heather C
Bought by
Greenstein M A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.88%
Source: Public Records

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
Siegelbaum Lewis Henry $900,000 California Title Company
Churukian Michael M -- Fidelity National Title Co
Churukian Michael M -- Equity Title Company
Churukian Michael M $700,000 Equity Title Company
Greenstein M A $225,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siegelbaum Lewis Henry $575,000
Previous Owner Churukian Michael M $481,000
Previous Owner Churukian Michael M $105,000
Previous Owner Churukian Michael M $455,000
Previous Owner Greenstein M A $75,000
Previous Owner Greenstein M A $68,280
Previous Owner Greenstein M A $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Sold $900,000 +0.6% $433 / Sq Ft
04/03/2020 04/03/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $895,000 0.0% $430 / Sq Ft
11/13/2019 11/13/19 Rented $3,450 0.0% --
10/19/2019 10/19/19 For Rent $3,450 +7.8% --
06/22/2019 06/22/19 Rented $3,200 0.0% --
06/19/2019 06/19/19 Under Contract -- -- --
06/09/2019 06/09/19 For Rent $3,200 -- --
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 $10,939 $984,277 $787,423 $196,854
2024 $10,939 $964,979 $771,984 $192,995
2023 $10,846 $946,059 $756,848 $189,211
2022 $10,467 $927,509 $742,008 $185,501
2021 $10,109 $909,323 $727,459 $181,864
2020 $8,873 $820,000 $585,100 $234,900
2019 $9,068 $820,000 $585,100 $234,900
2018 $8,934 $775,000 $553,000 $222,000
2016 $7,361 $630,000 $449,500 $180,500
2015 $7,387 $630,000 $449,500 $180,500
2014 $7,371 $630,000 $449,500 $180,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-820001177

Pasadena-Foothills Association of REALTORS®

APN: 5734-017-019