NOT LISTED FOR SALE

Estimated Value: $956,000 - $1,271,209

3 Beds
3 Baths
3,339 Sq Ft
$328/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $885,000 $265 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,366/month

347 Days on Market

Highlights

  • Laundry Room
  • Pasadena High School Rated A
  • Level Lot

About This Home

As of February 2022

Investors dream, Historical Fixer, existing house was a duplex and per city of Pasadena can be converted to Single Family House of 2,162 SF + 210 carport and Can Build another 2 Story House in the back with 1319 Sq FT+ 333 carport. Plans are pending approval. This property qualifies for Mills Act for lower property taxes.

Last Agent to Sell the Property

Pierre Khabbaz

Partners Plus Realty Inc. License #01889199 Listed on: 02/19/2021

Last Buyer's Agent

Kevin Lutz

Keller Williams Realty/Pasadena License #00925595

Keller Williams Realty/Pasadena

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 9,514 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • 3,339 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 4632
  • Assessor Parcel Number 5748013018

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $11,875
  • Operating Expense $11,875

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: PSR3
  • Property Type: Residential Income
  • Parcel Number: 5748013018
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 265.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 9514.00
  • Lot Size Acres: 0.2184

Multi Family

  • Lot Size Area: 9514.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 11875.00

Tax Info

  • New Taxes Expense: 11875.00
  • Tax Census Tract: 4632.00
  • Tax Lot: 21
  • Tax Tract Number: 4632

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Feb 14, 2022
Sold by
Rafa La Development Llc
Bought by
Walden School Of California
Seller's Agent
Pierre Khabbaz
Partners Plus Realty Inc.
Buyer's Agent
Kevin Lutz
Keller Williams Realty/Pasadena
List Price
$950,000
Sold Price
$885,000
Premium/Discount to List
-$65,000
-6.84%
Current Estimated Value
$1,049,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,876
Avg. Annual Appreciation
5.68%

Purchase Details

Listed on
Sep 26, 2014
Closed on
Mar 11, 2015
Sold by
Lewis John Evan
Bought by
Rafa La Development Llc
Seller's Agent
Olivia Danihel
Estate Properties
Buyer's Agent
Caroline Khabbaz
Coldwell Banker Realty
List Price
$795,000
Sold Price
$550,000
Premium/Discount to List
-$245,000
-30.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%

Purchase Details

Closed on
Jun 7, 2013
Sold by
Lewis John Evan
Bought by
Lewis John Evan and The John Evan Lewis Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walden School Of California $858,000 Commonwealth Land Title
Rafa La Development Llc $550,000 Ticor Title Company
Lewis John Evan -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2022 02/24/22 Sold $885,000 +0.6% $265 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
11/19/2021 11/19/21 Price Changed $880,000 -7.4% $264 / Sq Ft
02/19/2021 02/19/21 For Sale $950,000 +72.7% $285 / Sq Ft
03/23/2015 03/23/15 Sold $550,000 -12.0% $387 / Sq Ft View Prior Sale
03/09/2015 03/09/15 Pending -- -- --
01/09/2015 01/09/15 Price Changed $625,000 -21.4% $440 / Sq Ft
09/26/2014 09/26/14 For Sale $795,000 -- $560 / 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
2025 $10,392 $910,516 $817,130 $93,386
2024 $10,392 $892,663 $801,108 $91,555
2023 $10,305 $875,160 $785,400 $89,760
2022 $7,389 $622,886 $566,262 $56,624
2021 $7,091 $610,673 $555,159 $55,514
2019 $6,832 $592,562 $538,694 $53,868
2018 $6,875 $580,944 $528,132 $52,812
2016 $6,651 $558,387 $507,625 $50,762
2015 $2,404 $178,665 $123,448 $55,217
2014 -- $175,166 $121,030 $54,136
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21035573

California Regional Multiple Listing Service (CRMLS)

APN: 5748-013-018