NOT LISTED FOR SALE

427 S El Molino Ave Unit 2 Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $942,000 - $1,252,000

3 Beds
2.5 Baths
1,914 Sq Ft
$577/Sq Ft Est. Value

Last Sold April 18, 2014

Last sale price $710,000 $371 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,049/month

96 Days on Market

Highlights

  • Peek-A-Boo Views
  • Wood Flooring
  • 2 Car Attached Garage
  • Blair High School Rated A-
  • Family Room Off Kitchen
  • Breakfast Bar

About This Home

As of April 2014

Situated in one of Pasadena's most prominent streets is this Luxury Townhome close to shops and restaurants! This Tudor style Townhome features a Living Room with a gas burning fireplace, crown molding, designer drapes, plush newer carpet and floor to ceiling glass sliding doors. The Dining Room has hardwood floors and a wet bar featuring built in wine shelving. The Kitchen offers new tile flooring, a brand new stainless steel dishwasher and vent hood, as well as a Bertazzoni Italia Gas Cooktop and Oven. A powder room with stone countertop and bronze nickle hardware is on the main level. The three bedrooms are located upstairs around a hallway with linen cabinets and the hall bath. The Master Bedroom Suite features beamed vaulted ceilings and an expansive wall of mirrored door wardrobe. The Master Bath has dual sinks, tile counters and flooring, along with a soaking tub/shower. Nicely painted interior with plantation shutters throughout. The lower level offers a large bonus room with a separate washer & dryer closet. A door leads to the direct access 2 car garage with automatic garage door opener. This Townhome building of 8 units is well maintained and ready for you to call home! LOW HOA: $220!

Last Agent to Sell the Property

Robert Lee

Engel & Völkers Pasadena License #01714793 Listed on: 12/11/2013

Engel & Völkers Pasadena

Last Buyer's Agent

Monica Hsu

Podley Properties License #01878067

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,734

Year Built

  • Built in 1983

Lot Details

  • Two or More Common Walls
  • Sprinklers on Timer

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,914 Sq Ft Home
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Peek-A-Boo Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • Master Insurance
  • 8 Units
  • Maintained Community

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 41134
  • Assessor Parcel Number 5734018069

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,734

Year Built

Built in 1983

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5734018069
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1914.00
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 370.95
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Trash Compactor
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Closet, Inside, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly, Insurance, Maintenance Grounds, Trash, Water
  • Association Fee: 220.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Pasadena Unified

Lot Info

  • Lot Features: Sprinklers Timer
  • Lot Size Sq Ft: 14648.00
  • Lot Size Acres: 0.3360

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14648.0000 Square Feet
  • Number Of Units In Community: 8
  • Number Of Units Total: 8

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 41134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2013
Closed on
Mar 31, 2014
Sold by
Lin Menglin
Bought by
Lin Li Chu and Lin Ding Kun
Seller's Agent
Robert Lee
Engel & Völkers Pasadena
Buyer's Agent
Monica Hsu
Podley Properties
List Price
$748,000
Sold Price
$710,000
Premium/Discount to List
-$38,000
-5.08%
Current Estimated Value
$1,104,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,428
Avg. Annual Appreciation
4.12%

Purchase Details

Closed on
Nov 21, 2013
Sold by
Veras Robert L
Bought by
Lin Menglin and Cheung Howard

Purchase Details

Closed on
Dec 21, 2012
Sold by
Veras Bridgette N
Bought by
Veras Robert L

Purchase Details

Closed on
Jul 11, 2007
Sold by
Veras Robert L
Bought by
Veras Robert L and Lacerte Veras Bridgette Nicole

Purchase Details

Closed on
Jun 30, 2005
Sold by
Barnes Mansford F
Bought by
Veras Robert L and Veras Bridgette N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 12, 2003
Sold by
Barnes Mansford F
Bought by
Barnes Mansford F and Barnes Linda J

Purchase Details

Closed on
Jul 7, 1998
Sold by
Barnes Mansford F
Bought by
Barnes Mansford F and Barnes Linda J

Purchase Details

Closed on
Feb 12, 1998
Sold by
Barnes Linda I Tr Barnes Trust
Bought by
Barnes Mansford F and Barnes Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.9%

Purchase Details

Closed on
Oct 13, 1994
Sold by
Barnes Linda J
Bought by
Barnes Linda J and Barnes Trust

Purchase Details

Closed on
Aug 31, 1994
Sold by
Barnes Linda J
Bought by
Barnes Linda J and Barnes Trust
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
Lin Li Chu $710,000 Chicago Title Company
Lin Menglin -- None Available
Veras Robert L -- None Available
Veras Robert L -- None Available
Veras Robert L -- None Available
Veras Robert L $670,000 Southland Title
Barnes Mansford F -- --
Barnes Mansford F -- --
Barnes Mansford F -- Fidelity Title
Barnes Linda J -- --
Barnes Mansford F -- --
Barnes Linda J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Veras Robert L $127,000
Previous Owner Veras Robert L $536,000
Previous Owner Barnes Mansford F $189,000
Previous Owner Barnes Mansford F $50,000
Previous Owner Barnes Mansford F $192,000
Previous Owner Barnes Mansford F $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2014 04/18/14 Sold $710,000 -2.1% $371 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
02/28/2014 02/28/14 Price Changed $725,000 -1.9% $379 / Sq Ft
01/23/2014 01/23/14 Price Changed $739,000 -0.8% $386 / Sq Ft
01/17/2014 01/17/14 Price Changed $745,000 -0.4% $389 / Sq Ft
12/11/2013 12/11/13 For Sale $748,000 0.0% $391 / Sq Ft
03/10/2012 03/10/12 Rented $3,200 0.0% --
03/10/2012 03/10/12 Under Contract -- -- --
01/07/2012 01/07/12 For Rent $3,200 -- --
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 $9,734 $870,351 $604,713 $265,638
2024 $9,734 $853,286 $592,856 $260,430
2023 $9,652 $836,556 $581,232 $255,324
2022 $9,316 $820,154 $569,836 $250,318
2021 $8,932 $804,073 $558,663 $245,410
2019 $8,594 $780,226 $542,094 $238,132
2018 $8,781 $764,928 $531,465 $233,463
2016 $8,500 $735,228 $510,829 $224,399
2015 $8,408 $724,185 $503,156 $221,029
2014 $8,396 $725,000 $475,000 $250,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13245689

California Regional Multiple Listing Service (CRMLS)

APN: 5734-018-069