NOT LISTED FOR SALE

482 S Arroyo Pkwy Unit 501 Pasadena, CA 91105

Madison Heights Neighborhood

Estimated Value: $1,130,000 - $1,461,000

2 Beds
2 Baths
1,330 Sq Ft
0.4 Acres

Last Sold July 08, 2016

Last sale price $1,055,000 $793 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $8,098/month

6 Days on Market

Highlights

  • 24-Hour Security
  • Automatic Gate
  • Contemporary Architecture
  • Blair High School Rated A-
  • Mountain View
  • Great Room

About This Home

As of July 2016

NEW FROM DEVELOPER IN THE HEART OF PASADENA. Large windows with lots of light; this unit boasts an Open Layout floorplan with high ceilings, Luxury fixtures, and beautiful polished concrete floors. A kitchen with Thermador Panel fridge, and built in island Kitchen-aid gas range facing a large outdoor patio makes this a great space for entertaining or relaxing. Double paned Anderson windows, Hansgrohe faucets and showerheads, Veneta Cucine kitchens, and touches such as an inlaid extra deep stainless steel kitchen sink, oversized soaking bathtubs, and a Master Bedroom walk-in closet will have you ready to call 482 Arroyo your new home. Two parking spots in tandem, in the building are included, but with both Whole Foods and Trader Joe's less than a block away, proximity to Gold Line Metro, and only several blocks to Old Town Pasadena, everything is within walking distance! Come by the Sales Office to choose your unit Today... *note: some pictures may be of a similar "model" unit.

Last Agent to Sell the Property

Allyson Connolly

The Agency New Development License #01897527 Listed on: 04/19/2016

Last Buyer's Agent

Del Lile

License #01891039

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,481

Year Built

  • Built in 2016

Lot Details

  • 0.4

Parking

  • 2 Car Garage
  • Automatic Gate

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,330 Sq Ft Home
  • Great Room
  • Concrete Flooring
  • Mountain Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer Hookup

Home Security

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 5722-016-025

Community Details

Overview

  • 26 Units
  • Built by Octane Group
  • 5-Story Property

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,481

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Advertising Remarks: NEW FROM DEVELOPER IN THE HEART OF PASADENA. Large windows with lots of light; this unit boasts an Open Layout floorplan with high ceilings, Luxury fixtures, and beautiful polished concrete floors. A kitchen with Thermador Panel fridge, and built in island Kitchen-aid gas range facing a large outdoor patio makes this a great space for entertaining or relaxing. Double paned Anderson windows, Hansgrohe faucets and showerheads, Veneta Cucine kitchens, and touches such as an inlaid extra deep stainless steel kitchen sink, oversized soaking bathtubs, and a Master Bedroom walk-in closet will have you ready to call 482 Arroyo your new home. Two parking spots in tandem, in the building are included, but with both Whole Foods and Trader Joe's less than a block away, proximity to Gold Line Metro, and only several blocks to Old Town Pasadena, everything is within walking distance! Come by the Sales Office to choose your unit Today... *note: some pictures may be of a similar "model" unit.
  • Builder Name: Octane Group
  • Complex Name: 482 Arroyo
  • Entry Floor: 5
  • Living Area: 1330
  • Planned Urban Dev: 0
  • Stories: 5
  • Unit Floor In Building: 5
  • Year Built: 2016
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Stained Concrete
  • Appliances: Cooktop - Gas, Gas/Electric Range, Oven-Gas
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Electric Dryer Hookup, Freezer, Garbage Disposal, Ice Maker, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup, Vented Exhaust Fan
  • Price Per S Q F T: 793.23

Exterior Features

  • Balcony: plus patio
  • Tennis Court Y/N: No
  • Exposure: SE
  • Pool: No
  • View: Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Earth Quake Ins: 0
  • Heating: Central, Electric
  • Security: 24 Hour, Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Fire Sprinklers

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 489.11
  • Unit Location: SE Corner

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5722-016-025
  • Geocode Override: No
  • Lot Size Area: 17510

Multi Family

  • Number Of Units: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2016
Closed on
Jun 1, 2016
Sold by
496 Arroyo Llc
Bought by
Severson Richard A and Severson Nancy J
Seller's Agent
Allyson Connolly
The Agency New Development
Buyer's Agent
Del Lile
List Price
$1,055,000
Sold Price
$1,055,000
Current Estimated Value
$1,280,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,181
Avg. Annual Appreciation
2.26%
Original Mortgage
$417,100
Interest Rate
3.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Severson Richard A $1,056,500 Fntg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Severson Richard A $383,200
Closed Severson Richard A $417,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2016 07/08/16 Sold $1,055,000 0.0% $793 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $1,055,000 -- $793 / Sq Ft
Source: The MLS

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 $13,481 $1,226,151 $796,157 $429,994
2024 $13,481 $1,202,110 $780,547 $421,563
2023 $13,367 $1,178,541 $765,243 $413,298
2022 $12,898 $1,155,434 $750,239 $405,195
2021 $12,369 $1,132,779 $735,529 $397,250
2019 $11,895 $1,099,182 $713,714 $385,468
2018 $12,193 $1,077,630 $699,720 $377,910
2016 $1,793 $144,495 $92,646 $51,849
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-117938

The MLS

APN: 5722-016-106