NOT LISTED FOR SALE

485 S Grand Ave Pasadena, CA 91105

Lower Arroyo Neighborhood

Estimated Value: $5,735,000 - $7,106,000

5 Beds
5.5 Baths
6,083 Sq Ft
$1,057/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $4,290,000 $705 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $38,900/month

Highlights

  • Guest House
  • In Ground Pool
  • Updated Kitchen
  • Blair High School Rated A-
  • Primary Bedroom Suite
  • Dual Staircase

About This Home

As of May 2016

This stunning Georgian Manor home was designed by famed architect Cyril Bennett and is located on one of Pasadena's most sought after and desirable streets. Built in 1922 and lovingly restored with character and attention to details within last year. This home is a stunning blend of the classic with modern touches throughout. Including a new kitchen with La Cornue range and appliances by Miele. Sitting on almost 1/2 acre it has a grand presence with it's long driveway up to the Manor. The guest house is measured 556sqft. and includes full kitchen. Under the 3 car detached garage there is a Game Room and well appointed Wine cellar which holds 1000 bottles of wine and is measured at 734sqft. This sprawling, private backyard and pool area features a slate patio and large barbecue area that's

Last Agent to Sell the Property

Darren Gaertner

Kobeissi Properties License #01936634 Listed on: 10/30/2015

Co-Listed By

hutch manoukian

Kobeissi Properties License #01958167

Last Buyer's Agent

Bradley Mohr

COMPASS License #00910172

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,717

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 0.56 Acre Lot
  • East Facing Home
  • Wrought Iron Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Property is zoned PSR4

Parking

  • 3 Car Garage
  • Automatic Gate

Interior Spaces

  • 6,083 Sq Ft Home
  • Dual Staircase
  • Gas Fireplace
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • Basement

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Walk-In Pantry
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Not Applicable 1007242 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5714012035

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,717

Year Built

Built in 1922 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Security: Carbon Monoxide Detector(s), Automatic Gate, Smoke Detector(s)
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: PSR4
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5714012035
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6083.00
  • Interior Amenities: 2 Staircases, Pantry
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook
  • Fireplace Features: Gas, Master Bedroom, Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 705.24
  • Room Type: Basement, Dressing Area, Master Suite, Office, Den, Entry, Walk-In Pantry, Master Bedroom, Walk-In Closet
  • Spa Features: Heated, In Ground
  • Room Kitchen Features: Remodeled Kitchen, Granite Counters, Kitchen Island

Exterior Features

  • Direction Faces: East
  • Other Structures: Guest House
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Features: In Ground
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Range, Microwave, Range Hood, Trash Compactor, Refrigerator, Vented Exhaust Fan, Dishwasher
  • Heating Type: Forced Air
  • Laundry Features: Upper Level
  • Cooling: Central Air
  • Cooling: Yes

Schools

  • School District: Pasadena Unified

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped, Sprinklers In Rear, Sprinklers In Front, Sprinkler System
  • Lot Size Sq Ft: 24345.00

Multi Family

  • Lease Considered: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2015
Closed on
Apr 14, 2016
Sold by
Sunshine Grove Worldwide Corp
Bought by
Wolenik & Lord Family Trust
Seller's Agent
Darren Gaertner
Kobeissi Properties
Buyer's Agent
Bradley Mohr
COMPASS
List Price
$4,290,000
Sold Price
$4,290,000
Current Estimated Value
$6,429,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,139,757
Avg. Annual Appreciation
4.94%
Original Mortgage
$3,000,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 12, 2011
Sold by
Sunshine Grove Worldwide Corp
Bought by
Sunshine Grove Worldwide Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2008
Sold by
Reynolds Jack E
Bought by
Sunshine Grove Worldwide Corp

Purchase Details

Closed on
Apr 17, 2001
Sold by
Reynolds Jack E
Bought by
Reynolds Jack E and Reynolds Smooch S

Purchase Details

Closed on
Nov 21, 1997
Sold by
Reynolds Jack E
Bought by
Reynolds Smooch S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
7.36%

Purchase Details

Closed on
Oct 30, 1997
Sold by
Repovich Smooch S
Bought by
Reynolds Jack E and Reynolds Smooch S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
7.36%

Purchase Details

Closed on
Dec 7, 1993
Sold by
Reynolds Jack E
Bought by
Repovich Smooch S
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
Wolenik & Lord Family Trust $4,290,000 Wfg National Title Company
Sunshine Grove Worldwide Corp -- Chicago Title Company
Sunshine Grove Worldwide Corp -- Equity Title Company
Reynolds Jack E -- --
Reynolds Jack E -- --
Reynolds Smooch S -- North American Title
Reynolds Jack E -- --
Repovich Smooch S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolenik And Lord Family Trust $491,401
Open Wolenik Jason $3,475,000
Closed Wolenik Jason $850,000
Closed Wolenik And Lord Family Trust $350,000
Closed Wolenik & Lord Family Trust $3,000,000
Previous Owner Sunshine Grove Worldwide Corp $2,500,000
Previous Owner Reynolds Jack E $750,000
Previous Owner Reynolds Jack E $200,000
Previous Owner Reynolds Jack E $200,000
Previous Owner Reynolds Jack E $1,600,000
Previous Owner Reynolds Jack E $438,500
Previous Owner Reynolds Jack E $990,000
Previous Owner Reynolds Jack E $925,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2016 05/02/16 Sold $4,290,000 0.0% $705 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $4,290,000 -- $705 / Sq Ft
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 $55,717 $5,088,118 $3,551,390 $1,536,728
2024 $55,717 $4,988,352 $3,481,755 $1,506,597
2023 $55,257 $4,890,542 $3,413,486 $1,477,056
2022 $53,316 $4,794,650 $3,346,555 $1,448,095
2021 $51,126 $4,700,638 $3,280,937 $1,419,701
2019 $49,170 $4,561,217 $3,183,624 $1,377,593
2018 $50,189 $4,471,782 $3,121,200 $1,350,582
2016 $36,676 $3,221,800 $2,472,500 $749,300
2015 $35,226 $3,079,600 $2,363,400 $716,200
2014 $32,660 $2,860,000 $2,194,900 $665,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Darren Gaertner

    Kobeissi Properties

    Section Image
  • hutch manoukian

    Seller Co-Listing Agent in 2016

    hutch manoukian

    Kobeissi Properties

    (626) 222-7231

    1 Total Sale

    hutch manoukian
    Section Image
  • Bradley Mohr

    Buyer's Agent in 2016

    Bradley Mohr

    COMPASS

    (626) 945-8683

    1 in this area

    35 Total Sales

    Bradley Mohr
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315010627

Pasadena-Foothills Association of REALTORS®

APN: 5714-012-035

California Los Angeles County Pasadena 91105 Lower Arroyo

485 S Grand Ave, Pasadena, CA

This home is located at 485 S Grand Ave, Pasadena, CA 91105 since 30 October 2015 and is currently estimated at $6,429,757, approximately $1,057 per square foot. This property was built in 1922. 485 S Grand Ave is a home located in Los Angeles County with nearby schools including McKinley School, Blair High School, and The Waverly School.

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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