NOT LISTED FOR SALE

485 S Madison Ave Unit 1 Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $687,000 - $792,000

2 Beds
2 Baths
1,325 Sq Ft
12,598 Sq Ft Lot

Last Sold March 13, 2020

Last sale price $583,000 $440 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,485/month

34 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Enclosed Patio or Porch
  • 1 Detached Carport Space
  • Stacked Washer and Dryer

About This Home

As of March 2020

Prime Pasadena Condo in Fantastic Madison Heights Location! Elegantly updated single level 2 Bedroom 2 Bathroom condominium located in Pasadena's historic and highly desirable Madison Heights neighborhood. This 1,325 s.f. ground level, end unit includes its own private patio and an open floor plan.The residence features wide plank faux wood floors, in-unit laundry, spacious living room, formal dining room, granite countertops, recessed lighting, plantation shutters and a newer HVAC system. This extremely well maintained property is conveniently centralized and within easy walking distance to the South Lake district, Cal Tech, the Paseo and the Metro Gold Line.

Last Agent to Sell the Property

Sarah Rogers

The Agency License #01201812 Listed on: 01/31/2020

The Agency

Co-Listed By

Tom Flanagan

Arroyo Real Estate License #01330299

Last Buyer's Agent

Sam Najarian

Redfin Corporation License #01988623

Redfin Corporation

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1962

Lot Details

  • 0.29

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,325 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Parking

  • 1 Parking Space
  • 1 Detached Carport Space
  • Parking Available

Additional Features

  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5734008033

Community Details

Overview

  • Property has a Home Owners Association
  • 7 Units
  • The 485 Homeowners Association
  • Cardinal Management HOA

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1962

Lot Details

0.29 Acres

Listing Details

  • Inclusions: Washer/dryer, range, microwave, refrigerator.
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: PSR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5734008033
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1325.00
  • Stories: 1
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 440.00

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Enclosed
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Range, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Closet, Washer Included, Stackable, Dryer Included
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pet Rules
  • Association Fee Frequency: Monthly
  • Association Name: The 485 Homeowners Association
  • Senior Community: No
  • Association Management: Cardinal Management

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12599.00
  • Lot Size Acres: 0.2892

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12599.0000 Square Feet
  • Number Of Units In Community: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Feb 14, 2020
Sold by
Mong Rex
Bought by
Izraelevitz Jacob Samuel and Mendelson Leah Rose
Seller's Agent
Sarah Rogers
The Agency
Buyer's Agent
Sam Najarian
Redfin Corporation
List Price
$583,000
Sold Price
$583,000
Current Estimated Value
$739,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,865
Avg. Annual Appreciation
4.03%
Original Mortgage
$466,400
Outstanding Balance
$412,174
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$327,691

Purchase Details

Closed on
Aug 25, 2017
Sold by
Mong Rex Lan
Bought by
Mong Rex Lan

Purchase Details

Listed on
Sep 22, 2016
Closed on
Feb 8, 2017
Sold by
Bolanos Patty
Bought by
Mong Rex and Mong Hai
Seller's Agent
Laura Dandoy
The Real Estate Resource Group
Buyer's Agent
Zachary Stevens
COMPASS
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$368,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2007
Sold by
Bolanos Ruby
Bought by
Bolanos Ruby and Ruby Bolanos Revocable Trust

Purchase Details

Closed on
Jun 10, 2003
Sold by
Bolanos Enrique and Bolanos Ruby
Bought by
Bolanos Ruby
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
Izraelevitz Jacob Samuel $583,000 Chicago Title Company
Mong Rex Lan -- Accommodation
Mong Rex $460,000 Chicago Title Company
Bolanos Ruby -- None Available
Bolanos Ruby -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Izraelevitz Jacob Samuel $466,400
Previous Owner Mong Rex $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2020 03/13/20 Sold $583,000 0.0% $440 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $583,000 +26.7% $440 / Sq Ft
03/20/2017 03/20/17 Sold $460,000 -5.1% $369 / Sq Ft View Prior Sale
01/26/2017 01/26/17 Price Changed $484,500 -2.9% $389 / Sq Ft
09/22/2016 09/22/16 For Sale $499,000 -- $401 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $7,116 $637,591 $487,873 $149,718
2024 $7,116 $625,090 $478,307 $146,783
2023 $7,053 $612,834 $468,929 $143,905
2022 $6,807 $600,819 $459,735 $141,084
2021 $6,527 $589,039 $450,721 $138,318
2020 $5,378 $490,095 $345,486 $144,609
2019 $5,392 $480,486 $338,712 $141,774
2018 $5,492 $471,066 $332,071 $138,995
2016 $1,989 $162,976 $60,038 $102,938
2015 $1,966 $160,529 $59,137 $101,392
2014 $1,932 $157,385 $57,979 $99,406
Source: Public Records

Agents Affiliated with this Home

  • Sarah Rogers

    Seller's Agent in 2020

    Sarah Rogers

    The Agency

    (626) 390-0511

    5 in this area

    198 Total Sales

    Sarah Rogers
    Section Image
  • Tom Flanagan

    Seller Co-Listing Agent in 2020

    Tom Flanagan

    Arroyo Real Estate

    (626) 755-5050

    30 Total Sales

    Tom Flanagan
    Section Image

  • S

    Buyer's Agent in 2020

    Sam Najarian

    Redfin Corporation

    Sam Najarian
    Section Image
  • Laura Dandoy

    Seller's Agent in 2017

    Laura Dandoy

    RE/MAX

    (909) 228-4383

    1 in this area

    296 Total Sales

    Laura Dandoy
    Section Image

  • Z

    Buyer's Agent in 2017

    Zachary Stevens

    COMPASS

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-820000365

Pasadena-Foothills Association of REALTORS®

APN: 5734-008-033

California Los Angeles County Pasadena 91101 Madison Heights

485 S Madison Ave Unit 1, Pasadena, CA

Not Listed for Sale

Condos

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