NOT LISTED FOR SALE

485 S Madison Ave Unit 5 Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $647,208 - $823,000

2 Beds
2 Baths
1,075 Sq Ft
0.29 Acres

Last Sold November 21, 2017

Last sale price $506,500 $471 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,203/month

71 Days on Market

Highlights

  • Updated Kitchen
  • Granite Countertops
  • Built-In Features
  • Open Floorplan
  • Screened Porch
  • Screened Patio

About This Home

As of November 2017

Exciting NEW PRICE at a fantastic location. This 2 BR/2 BA single level condo has an open floor plan with a spacious LR with a solar tube, large dining area and a beautifully updated kitchen with granite counter-tops, handsome maple cabinets, under counter lighting and a rack for hanging all your cookware. The lovely master suite includes a walk-in closet, ceiling fan and an updated bathroom with granite counter-tops and a large soaking tub. There is an additional good sized bedroom and another tastefully updated bathroom. There are multiple built-in cabinets in the hall for storage and there is additional storage outside the unit. The property also has in-unit laundry and a substantial earthquake insurance policy. Close to the South Lake district, Old Town, the Paseo and the Metro Gold Li

Last Agent to Sell the Property

Tony Dowdy

Coldwell Banker Realty License #01347010 Listed on: 08/20/2017

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 0.29

Parking

  • 1 Car Garage
  • Carport
  • Parking Available
  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Common Roof
  • Stucco

Interior Spaces

  • 1,075 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Sliding Doors
  • Living Room
  • Living Room Balcony
  • Screened Porch

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Additional Features

  • Screened Patio
  • Landscaped

Listing and Financial Details

  • Earthquake Insurance Required
  • Assessor Parcel Number 5734008037

Community Details

Overview

  • Master Insurance
  • 8 Units
  • 485 Madison Association

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1962 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Inclusions: Stove, microwave, washer, dryer
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: PSR3
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5734008037
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Living Area: 1075.00
  • Interior Amenities: Built-in Features, Crown Molding, Living Room Balcony, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 2
  • Levels: One
  • Price Per Square Foot: 471.16
  • Room Type: Kitchen, Living Room, Master Bedroom, Walk-In Closet
  • Bathroom Features: Granite Counters, Remodeled
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Screened Porch
  • Roof: Common Roof
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • Amenities: Earthquake Insurance, Hot Water, Insurance
  • Association Fee Frequency: Monthly
  • Association Name: 485 Madison
  • Senior Community: No

Green Features

  • Green Location: Walkability

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped, Paved
  • Lot Size Sq Ft: 12599.00
  • Lot Size Acres: 0.2900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12599.0000 Square Feet
  • Number Of Units In Community: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2017
Closed on
Nov 15, 2017
Sold by
Vanderpol Vernon L
Bought by
Kleinert Matthew D and Larsen Christina N
Seller's Agent
Tony Dowdy
Coldwell Banker Realty
List Price
$499,950
Sold Price
$506,500
Premium/Discount to List
$6,550
1.31%
Current Estimated Value
$706,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,302
Avg. Annual Appreciation
4.17%
Original Mortgage
$405,200
Outstanding Balance
$339,538
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$367,264

Purchase Details

Closed on
Feb 1, 2004
Sold by
Rvp Development Corporation
Bought by
Vanderpol Vernon L

Purchase Details

Closed on
Jan 26, 1998
Sold by
Fickett Jane L Tr Fickett Trust
Bought by
Rvp Development Corp
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
Kleinert Matthew D $506,500 Equity Title Los Angeles
Vanderpol Vernon L $130,000 None Available
Rvp Development Corp $110,500 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kleinert Matthew D $405,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2017 11/21/17 Sold $506,500 +1.3% $471 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
08/20/2017 08/20/17 For Sale $499,950 -- $465 / 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 $6,523 $576,303 $376,617 $199,686
2024 $6,523 $565,004 $369,233 $195,771
2023 $6,467 $553,927 $361,994 $191,933
2022 $6,243 $543,067 $354,897 $188,170
2021 $5,988 $532,420 $347,939 $184,481
2019 $5,764 $516,630 $337,620 $179,010
2018 $5,874 $506,500 $331,000 $175,500
2017 $2,205 $174,450 $71,636 $102,814
2016 $2,150 $171,031 $70,232 $100,799
2015 $2,126 $168,463 $69,178 $99,285
2014 $2,090 $165,164 $67,823 $97,341
Source: Public Records

Agents Affiliated with this Home

  • Tony Dowdy

    Seller's Agent in 2017

    Tony Dowdy

    Coldwell Banker Realty

    (626) 440-0455

    11 in this area

    66 Total Sales

    Tony Dowdy
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-817001433

Pasadena-Foothills Association of REALTORS®

APN: 5734-008-037

California Los Angeles County Pasadena 91101 Madison Heights

485 S Madison Ave Unit 5, Pasadena, CA

Not Listed for Sale

Condos

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