NOT LISTED FOR SALE

482 S Arroyo Pkwy Unit 504 Pasadena, CA 91105

Madison Heights Neighborhood

Estimated Value: $1,186,000 - $2,059,000

2 Beds
2 Baths
1,403 Sq Ft
$502/mo HOA Fee

Last Sold August 09, 2017

Last sale price $1,180,000 $841 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,498/month

7 Days on Market

Highlights

  • City View
  • Great Room
  • Elevator
  • Contemporary Architecture
  • Covered Patio or Porch
  • Balcony

About This Home

As of August 2017

**ONLY NEW DEVELOPMENT IN THE HEART OF PASADENA - LAST UNIT FOR SALE, BACK ON MARKET, BUYER COULD NOT CLOSE ESCROW... Let someone else's misfortune be your fortune!! Large windows with lots of light; this residence boasts an open floorplan with high ceilings, Luxury fixtures, and beautiful polished concrete floors. A kitchen with Thermador Panel fridge, and built in island featuring a Kitchen-aid gas range facing a large 150sf outdoor patio makes this a great space for entertaining or relaxing. Double paned Anderson windows, Hansgrohe faucets, Italian cabinetry, and touches such as an inlaid extra deep stainless steel kitchen sink, oversized soaking bathtubs, and a Master Bedroom built-in closets will have you ready to call Penthouse 504 your new home. Two parking spots are included in the building garage, but with both Whole Foods and Trader Joe's less than a block away, proximity to Gold Line Metro, and only a few blocks to Old Town, everything is within walking distance!

Last Agent to Sell the Property

Allyson Connolly

The Agency New Development License #01897527 Listed on: 04/28/2016

Last Buyer's Agent

Kathy Zhou

License #01923693

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2016

Lot Details

  • 0.4

HOA Fees

  • $502 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Entry on the 5th floor

Interior Spaces

  • 1,403 Sq Ft Home
  • Great Room
  • Concrete Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer Hookup

Home Security

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 572-201-6109

Community Details

Overview

  • Association fees include gas, trash, water and sewer paid
  • 26 Units
  • Maintained Community
  • 5-Story Property

Amenities

  • Elevator

Pet Policy

  • Pet Size Limit
  • Breed Restrictions

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2016

Lot Details

0

HOA Fees

$502 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Advertising Remarks: **ONLY NEW DEVELOPMENT IN THE HEART OF PASADENA - LAST UNIT FOR SALE, BACK ON MARKET, BUYER COULD NOT CLOSE ESCROW... Let someone else's misfortune be your fortune!! Large windows with lots of light; this residence boasts an open floorplan with high ceilings, Luxury fixtures, and beautiful polished concrete floors. A kitchen with Thermador Panel fridge, and built in island featuring a Kitchen-aid gas range facing a large 150sf outdoor patio makes this a great space for entertaining or relaxing. Double paned Anderson windows, Hansgrohe faucets, Italian cabinetry, and touches such as an inlaid extra deep stainless steel kitchen sink, oversized soaking bathtubs, and a Master Bedroom built-in closets will have you ready to call Penthouse 504 your new home. Two parking spots are included in the building garage, but with both Whole Foods and Trader Joe's less than a block away, proximity to Gold Line Metro, and only a few blocks to Old Town, everything is within walking distance!
  • Complex Name: 482 Arroyo
  • Entry Floor: 5
  • Living Area: 1403
  • Planned Urban Dev: 0
  • Stories: 5
  • Year Built: 2016
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Stained Concrete
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup, Vented Exhaust Fan
  • Price Per S Q F T: 873.00

Exterior Features

  • Balcony: Patio
  • Tennis Court Y/N: No
  • Exposure: NW
  • Patio: Balcony, Covered
  • Pool: No
  • View: City, Mountains
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: 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
  • Pet Rules: Call, Breed Restrictions, Yes, Size Limit

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Gas, Trash, Water and Sewer Paid
  • HOA Fees: 501.69
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 572-201-6109
  • 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 28, 2016
Closed on
Jun 15, 2017
Sold by
496 Arroyo Llc
Bought by
Zhang Shi Zhan
Seller's Agent
Allyson Connolly
The Agency New Development
Buyer's Agent
Kathy Zhou
List Price
$1,190,000
Sold Price
$1,180,000
Premium/Discount to List
-$10,000
-0.84%
Current Estimated Value
$1,482,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,534
Avg. Annual Appreciation
2.75%
Original Mortgage
$480,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhang Shi Zhan $1,180,000 Fntg Builder Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Shi Zhan $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2017 08/09/17 Sold $1,180,000 -3.7% $841 / Sq Ft
05/11/2017 05/11/17 Price Changed $1,225,000 +1.7% $873 / Sq Ft
10/21/2016 10/21/16 Price Changed $1,205,000 +0.4% $859 / Sq Ft
07/08/2016 07/08/16 Price Changed $1,200,000 +0.8% $855 / Sq Ft
05/26/2016 05/26/16 For Sale $1,190,000 0.0% $848 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $1,190,000 -- $848 / 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 $14,739 $1,342,635 $887,505 $455,130
2024 $14,739 $1,316,309 $870,103 $446,206
2023 $14,616 $1,290,500 $853,043 $437,457
2022 $14,102 $1,265,197 $836,317 $428,880
2021 $13,523 $1,240,390 $819,919 $420,471
2019 $13,005 $1,203,600 $795,600 $408,000
2018 $13,332 $1,180,000 $780,000 $400,000
2016 $1,934 $157,111 $100,735 $56,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-120572

The MLS

APN: 5722-016-109