NOT LISTED FOR SALE

482 S Arroyo Pkwy Unit 302 Pasadena, CA 91105

Madison Heights Neighborhood

Estimated Value: $761,000 - $857,000

1 Bed
1 Bath
830 Sq Ft
$534/mo HOA Fee

Last Sold March 31, 2023

Last sale price $720,000 $867 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,396/month

75 Days on Market

Highlights

  • Open Floorplan
  • Modern Architecture
  • Eat-In Kitchen
  • Mountain View
  • Balcony
  • Walk-In Closet

About This Home

As of March 2023

Welcome to the 482 Building on Arroyo Parkway. One of Pasadena's premier luxury condo buildings with 26 exclusive modern-designed units. Unit 302 has a very open floor plan with floor-to-ceiling windows in both the living room and bedroom which provides plenty of natural light. The modern kitchen comes with seamless Italian cabinets and a large kitchen island. A large balcony that spans the entire width of this unit is great for summer BBQs, lounging around, or enjoying the tranquil setting with many lush trees and views of the San Gabriel Mountains. The spacious bedroom comes with a walk-in closet and has direct access to the balcony from the bedroom. A stackable washer and dryer fit perfectly in the hallway laundry closet, the unit will come with one parking spot and an EV charger. Located off Arroyo Parkway it has easy access to the Metro Goldline, which is just a few blocks away. If you're looking for location, location, location. Looks no more, across the street is Whole Foods, and adjacent to this building are two of Pasadena's best fine dining restaurants Arroyo Chop House and Parkway Grill. Within a few short minutes' drive, you have everything Old Town Pasadena has to offer from shops like Tiffany's, Apple, Nike, Crate and Barrel, and Restoration Hardware to the many varieties of food options from fast casual, sit-down, and fine dining restaurants. Down the street is the Paseo where you will find more shops and restaurants, Gelson's supermarket, and Equinox. Come see what the best Pasadena lifestyle has to offer!

Last Agent to Sell the Property

Kevin Kwan

REALIV License #01488390 Listed on: 12/07/2022

Last Buyer's Agent

Charlie Ren

IRN Realty License #01319460

IRN Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2015

Lot Details

  • 0.4

HOA Fees

  • $534 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Electric Vehicle Home Charger
  • Parking Available

Home Design

  • Modern Architecture

Interior Spaces

  • 830 Sq Ft Home
  • Open Floorplan
  • Living Room
  • Concrete Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Built-In Trash or Recycling Cabinet

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Quartz Bathroom Countertops
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System

Additional Features

  • Balcony
  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 69620
  • Assessor Parcel Number 5722016087

Community Details

Overview

  • Master Insurance
  • 26 Units
  • 496 Arroyo Owners Association, Phone Number (949) 450-0202
  • Action Property Management HOA
  • Maintained Community

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 2015

Lot Details

0

HOA Fees

$534 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5722016087
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 830.00 Square Feet
  • Interior Amenities: Balcony, Open Floorplan
  • Common Walls: 2+ Common Walls
  • Flooring: Concrete
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 867.47
  • Room Type: Kitchen, Laundry, Living Room, Walk-In Closet
  • Bathroom Features: Shower In Tub, Exhaust Fan(s), Quartz Counters
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Subterranean, Electric Vehicle Charging Station(s)
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Central
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gas, Insurance, Maintenance Grounds, Trash, Sewer, Water, Pets Permitted, Call for Rules, Management, Controlled Access, Hot Water
  • Association Fee: 534.48
  • Association Fee Frequency: Monthly
  • Association Name: 496 Arroyo Owners Association
  • Phone: 949-450-0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Urban
  • Association Management: Action Property Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 17510.00
  • Lot Size Acres: 0.4020

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17510.0000 Square Feet
  • Number Of Units In Community: 26
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 69620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2016
Sold by
496 Arroyo Llc
Bought by
Kwan Kevin
Current Estimated Value
$805,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,400
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kwan Kevin $583,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kwan Kevin $466,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2023 03/31/23 Sold $720,000 -2.6% $867 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
12/07/2022 12/07/22 For Sale $738,880 +26.7% $890 / Sq Ft
09/19/2016 09/19/16 Sold $583,000 0.0% $657 / Sq Ft View Prior Sale
05/05/2016 05/05/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $583,000 -- $657 / Sq Ft
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 $8,328 $749,088 $421,362 $327,726
2024 $8,328 $734,400 $413,100 $321,300
2023 $7,408 $650,343 $357,521 $292,822
2022 $7,147 $637,592 $350,511 $287,081
2021 $6,854 $625,091 $343,639 $281,452
2019 $6,592 $606,553 $333,448 $273,105
2018 $6,747 $594,660 $326,910 $267,750
2016 $1,241 $95,184 $61,029 $34,155
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22251097

California Regional Multiple Listing Service (CRMLS)

APN: 5722-016-087