NOT LISTED FOR SALE

Estimated Value: $1,230,000 - $1,251,298

4 Beds
3 Baths
1,117 Sq Ft
$1,108/Sq Ft Est. Value

Last Sold September 15, 2015

Last sale price $785,000 $703 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,621/month

32 Days on Market

Highlights

  • Wood Flooring
  • Two Homes on a Lot
  • Alarm System
  • Pasadena High School Rated A
  • Double Pane Windows
  • Central Heating and Cooling System

About This Home

As of September 2015

Two separate remodeled homes with private backyards located in the Northeast Pasadena. The front unit is 1,023 sq. ft. with two bedrooms, one updated bath and an updated kitchen. The back unit is 1,116 sq. ft. with two bedrooms, two baths, one master suite, and a completely remodeled with private backyard. Both units have separate central A/C systems, inside laundry, wood flooring, double paned windows, recess lighting, newer roof and a sprinkler system. There are separate gas and electricity meters and shared water and trash. Gated with automatic driveway gate. Excellent positive cash flow property! Projected rent income $2,200 per unit or $4,400 total monthly rent, total return on investment minus property tax is over 5%.

Last Agent to Sell the Property

Monica Hsu

COMPASS License #01878067 Listed on: 08/14/2015

COMPASS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,551

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 7,539 Sq Ft Lot
  • No Common Walls

Interior Spaces

  • Double Pane Windows
  • Wood Flooring
  • Alarm System

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Automatic Gate

Additional Features

  • Two Homes on a Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5745009038

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,551

Year Built

Built in 1953 | Remodeled

Lot Details

0

Listing Details

  • Property Attached: No
  • Security: Automatic Gate, Security System, Wired for Alarm System
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: PSR1
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5745009038
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Wood
  • Levels: One
  • Window Features: Double Pane Windows

Exterior Features

  • Other Structures: Two On A Lot

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7539.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lot Size Area: 7539.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2025
Sold by
Las Fuentes Investments Llc
Bought by
Untung Steven
Current Estimated Value
$1,237,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$955,400
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
$281,925

Purchase Details

Closed on
Aug 8, 2021
Sold by
Martinez Maria G
Bought by
Las Fuentes Investments Llc

Purchase Details

Listed on
Aug 14, 2015
Closed on
Aug 28, 2015
Sold by
Shen Samuel and Shen Amy
Bought by
Mgm Property Investments Llc
Seller's Agent
Monica Hsu
COMPASS
List Price
$799,000
Sold Price
$785,000
Premium/Discount to List
-$14,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
May 22, 2015
Sold by
Shen David and Shen Amy
Bought by
Shen Amy

Purchase Details

Closed on
Feb 4, 2011
Sold by
Wang Xiao Mei
Bought by
Shen Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,500
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2011
Sold by
Andro David
Bought by
Shen Samuel and Shen David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,500
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2010
Sold by
Adams Janet
Bought by
Andro David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 2010
Sold by
The Bank Of New York
Bought by
Andro David

Purchase Details

Closed on
Jan 5, 2009
Sold by
Melin Juan
Bought by
The Bank Of New York

Purchase Details

Closed on
Oct 18, 2006
Sold by
Melin Reina
Bought by
Melin Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2006
Sold by
Chavez Manuel and Chavez Guadalupe
Bought by
Melin Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2005
Sold by
Villalobos Lorenza L and Viramontes Ramona
Bought by
Chavez Manuel and Chavez Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 16, 1999
Sold by
Viramontes Ramona and Villalobos Lorenza L
Bought by
Villalobos Lorenza L and Viramontes Ramona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
6.77%

Purchase Details

Closed on
Sep 11, 1998
Sold by
Viramontes Ramona and Villalobos Lorenza L
Bought by
Villalobos Lorenza L and Viramontes Ramona
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
Untung Steven $1,200,000 Orange Coast Title Company
Untung Steven $1,200,000 Orange Coast Title Company
Las Fuentes Investments Llc -- Law Offices Of Oscar A Acosta
Mgm Property Investments Llc $785,000 Lawyers Title
Shen Amy -- None Available
Shen Samuel -- Lawyers Title
Shen Samuel $650,000 Lawyers Title Company
Andro David -- Ortc
Andro David $520,000 Lawyers Title
The Bank Of New York $467,500 Landsafe Title
Melin Juan -- Ort
Melin Juan $770,000 Ort
Chavez Manuel $625,000 --
Villalobos Lorenza L -- Chicago Title Co
Villalobos Lorenza L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Untung Steven $960,000
Closed Untung Steven $960,000
Previous Owner Shen Samuel $480,000
Previous Owner Shen Samuel $497,500
Previous Owner Andro David $290,000
Previous Owner Andro David $125,000
Previous Owner Melin Juan $616,000
Previous Owner Melin Juan $154,000
Previous Owner Chavez Manuel $125,000
Previous Owner Chavez Manuel $500,000
Previous Owner Villalobos Lorenza L $249,000
Previous Owner Villalobos Lorenza L $106,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2015 09/15/15 Sold $785,000 -1.8% $703 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $799,000 -- $715 / 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 $10,551 $929,274 $651,086 $278,188
2024 $10,551 $911,054 $638,320 $272,734
2023 $10,462 $893,191 $625,804 $267,387
2022 $10,101 $875,679 $613,534 $262,145
2021 $9,687 $858,509 $601,504 $257,005
2020 $9,300 $849,707 $595,337 $254,370
2019 $9,324 $833,047 $583,664 $249,383
2018 $9,476 $816,714 $572,220 $244,494
2017 $9,368 $800,700 $561,000 $239,700
2016 $9,170 $785,000 $550,000 $235,000
2015 $8,167 $692,901 $479,701 $213,200
2014 -- $679,329 $470,305 $209,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315008267

Pasadena-Foothills Association of REALTORS®

APN: 5745-009-038