NOT LISTED FOR SALE

463 N Marengo Ave Pasadena, CA 91101

Northwest Pasadena Neighborhood

Estimated Value: $1,003,640 - $1,434,000

5 Beds
4 Baths
3,205 Sq Ft
$389/Sq Ft Est. Value

Sale Details

Date Sold: May 3, 2016

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

Est. 108% increase in value since last sale

Current estimated payment $7,618 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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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

6,969 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2016
Closed on
Apr 5, 2016
Sold by
Bought by
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
$1,246,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,910
Avg. Annual Appreciation
7.39%
Original Mortgage
$420,000
Outstanding Balance
$325,996
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$920,914
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Northwest Pasadena, CA

  • Jennifer Gamble Real Estate Agent - Tower Agency

    Jennifer Gamble

    Tower Agency

    (951) 666-7294

    47 Total Sales

    1 in Northwest Pasadena

    $1,160,000 Price

    Jennifer Gamble
     Section Image
  • Amy Engler Real Estate Agent - Douglas Elliman of California, Inc.

    Amy Engler

    Douglas Elliman of California, Inc.

    (424) 541-1946

    60 Total Sales

    2 in Northwest Pasadena

    $695,000 Price Range

    Amy Engler
     Section Image
  • Behn Borhani Real Estate Agent - Keller Williams Realty Irvine

    Behn Borhani

    Keller Williams Realty Irvine

    (949) 570-5251

    45 Total Sales

    1 in Northwest Pasadena

    $850,000 Price

    Behn Borhani
     Section Image
  • Nicola Speranta Real Estate Agent - Compass

    Nicola Speranta

    Compass

    (323) 310-3215

    100 Total Sales

    1 in Northwest Pasadena

    $650,000 Price

    Nicola Speranta
     Section Image
  • Max Gonzalez Real Estate Agent - Buena Vista Realty

    Max Gonzalez

    Buena Vista Realty

    (323) 694-2948

    63 Total Sales

    1 in Northwest Pasadena

    $716,600 Price

    Max Gonzalez
     Section Image
  • Tracy Macrum Real Estate Agent - COMPASS

    Tracy Macrum

    COMPASS

    (213) 267-3143

    26 Total Sales

    1 in Northwest Pasadena

    $673,000 Price

    Tracy Macrum
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$600,000 First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $420,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,175 $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

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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

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.

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