NOT LISTED FOR SALE

463 N Marengo Ave Pasadena, CA 91101

Northwest Pasadena Neighborhood

Estimated Value: $886,212 - $1,532,000

5 Beds
4 Baths
3,205 Sq Ft
$397/Sq Ft Est. Value

Last Sold May 03, 2016

Last sale price $600,000 $187 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $7,302/month

75 Days on Market

About This Home

As of May 2016

This 4 units has lots of potential with upside opportunity. Conveniently located in a desirable area of Pasadena just north of Old Town Pasadena and to public transportation, the Lake Gold Line Station, 210 freeway access, restaurants, and shops. Rose Bowl is just less than 2 miles away. Front building has three units. Downstairs front unit has 1br/1ba, rear downstairs unit has 1br/1ba, and upstairs unit has 3br/1ba. Rear separate building is a single bachelor unit with 1br/1ba. The units needs some interior cosmetic repairs and upgrades.

Last Agent to Sell the Property

Billy Lam

Neighborhood Home Tour License #01247106 Listed on: 01/30/2016

Last Buyer's Agent

Billy Lam

Neighborhood Home Tour License #01247106 Listed on: 01/30/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,969

Home Design

  • Cosmetic Repairs Needed
  • Fixer Upper

Parking

  • Parking Available
  • Uncovered Parking
  • Parking Lot

Additional Features

  • Carpet
  • 6,969 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 5725023029

Community Details

Overview

  • Not Applicable 1007242 Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: PSR1
  • Property Condition: Repairs Cosmetic, Fixer
  • Property Type: Residential Income
  • Parcel Number: 5725023029
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Levels: One, Two

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered, Parking Space

Lot Info

  • Lot Size Sq Ft: 6969.00

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2016
Closed on
Apr 5, 2016
Sold by
Meier Charles V
Bought by
Barsegyan Family Trust 2006
Seller's Agent
Billy Lam
Neighborhood Home Tour
Buyer's Agent
Billy Lam
Neighborhood Home Tour
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$1,271,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$671,303
Avg. Annual Appreciation
8.03%
Original Mortgage
$420,000
Outstanding Balance
$334,211
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$937,092
Source: Public Records

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

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
Barsegyan Family Trust 2006 $600,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barsegyan Family Trust 2006 $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2016 05/03/16 Sold $600,000 0.0% $187 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
01/30/2016 01/30/16 For Sale $600,000 -- $187 / 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 $8,637 $710,271 $532,705 $177,566
2024 $8,637 $696,345 $522,260 $174,085
2023 $8,564 $682,692 $512,020 $170,672
2022 $8,280 $669,307 $501,981 $167,326
2021 $7,943 $656,185 $492,139 $164,046
2020 $7,644 $649,457 $487,093 $162,364
2019 $7,658 $636,724 $477,543 $159,181
2018 $7,741 $624,240 $468,180 $156,060
2016 $1,270 $46,340 $13,021 $33,319
2015 $1,253 $45,645 $12,826 $32,819
2014 $1,266 $44,752 $12,575 $32,177
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Billy Lam

    Neighborhood Home Tour

    Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316000927

Pasadena-Foothills Association of REALTORS®

APN: 5725-023-029

California Los Angeles County Pasadena 91101 Northwest Pasadena

463 N Marengo Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes