NOT LISTED FOR SALE

480 Toolen Place Pasadena, CA 91103

Muir Heights Neighborhood

Estimated Value: $982,000 - $1,276,724

4 Beds
2 Baths
-- Sq Ft
9,608 Sq Ft Lot

Last Sold November 02, 2018

Last sale price $750,000

Est. 58% increase in value since last sale

Current estimated payment $6,996/month

7 Days on Market

Highlights

  • Mountain View
  • Lawn
  • Landscaped
  • Wood Flooring
  • Two Homes on a Lot
  • Wood Burning Fireplace

About This Home

As of November 2018

This is a well kept-up investment property. Owners has owned this property for over fifty years and it has served them well. This is a great opportunity for the first time investor, experience investor (s) or for a person(s) that can live in one and have the rental pay your mortgage. This Is A Great Deal!

Last Agent to Sell the Property

Norman Perry

Perry's Realty License #01011317 Listed on: 09/26/2018

Last Buyer's Agent

Shannon Fenton

Compass License #01906521

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 9,608 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Lawn
  • Back and Front Yard
  • Land Lease

Parking

  • 2 Car Garage

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Mountain Views

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Assessor Parcel Number 5825009049

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

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: PSR6
  • Property Type: Residential Income
  • Parcel Number: 5825009049
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One

Exterior Features

  • Other Structures: Two On A Lot
  • View: Mountain(s)

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Land Lease: Yes
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn
  • Lot Size: 9608
  • Lot Size Sq Ft: 9608.00
  • Lot Size Acres: 0.2200

Multi Family

  • Lot Size Area: 9608.0000 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

Listed on
Sep 26, 2018
Closed on
Oct 8, 2018
Sold by
Terry Emerson R and Terry Gloria R
Bought by
Connor Samuel S and Connor Stacy A
Seller's Agent
Norman Perry
Perry's Realty
Buyer's Agent
Shannon Fenton
Compass
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Current Estimated Value
$1,182,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,931
Avg. Annual Appreciation
6.57%
Original Mortgage
$600,000
Outstanding Balance
$524,349
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$658,582
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Connor Samuel S $750,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connor Samuel S $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2018 11/02/18 Sold $750,000 -3.2% --
10/03/2018 10/03/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $775,000 -- --
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 $9,577 $836,634 $585,645 $250,989
2024 $9,577 $820,230 $574,162 $246,068
2023 $9,496 $804,148 $562,904 $241,244
2022 $9,170 $788,381 $551,867 $236,514
2021 $8,796 $772,924 $541,047 $231,877
2020 $8,447 $765,200 $535,500 $229,700
2019 $8,469 $750,200 $525,000 $225,200
2018 $875 $36,562 $10,747 $25,815
2016 $811 $34,952 $10,331 $24,621
2015 $801 $34,428 $10,176 $24,252
2014 $807 $33,754 $9,977 $23,777
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Norman Perry

    Perry's Realty

    Section Image
  • Shannon Fenton

    Buyer's Agent in 2018

    Shannon Fenton

    Compass

    (310) 365-6118

    105 Total Sales

    Shannon Fenton
    Section Image

  • J

    Buyer's Agent in 2018

    Joanna Litt

    Compass

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-818004757

Pasadena-Foothills Association of REALTORS®

APN: 5825-009-049

California Los Angeles County Pasadena 91103 Muir Heights

480 Toolen Place, Pasadena, CA

Not Listed for Sale

MultiFamily

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