NOT LISTED FOR SALE

485 S Madison Ave Unit 7 Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $673,000 - $857,000

2 Beds
2 Baths
1,229 Sq Ft
$339/mo HOA Fee

Last Sold July 24, 2015

Last sale price $430,000 $350 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,668/month

272 Days on Market

Highlights

  • Eat-In Kitchen
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Living Room

About This Home

As of July 2015

MADISON AVE CONDOMINIUM!! ONE STORY UPSTAIRS UNIT, WELL LOCATED ON A TREE-LINED STREET WALKING DISTANCE TO Caltech, OLD TOWN PASADENA, THE SOUTH LAKE SHOPPING DISTRICT, AND THE METRO GOLD LINE. BRIGHT AND AIRY, THIS TWO BEDROOM, TWO BATH CONDO FEATURES INSIDE LAUNDRY, SLIDING DOORS TO THE ENCLOSED PRIVATE PATIO AND SITUATED WITHIN AN INTIMATE COMPLEX OF ONLY SEVEN UNITS! ADDITIONAL FEATURES INCLUDE: TILED ENTRY, SPACIOUS LIVING ROOM, DINING AREA, NEW PAINT, CENTRAL AIR AND HEATING AND A GROUND LEVEL PARKING SPACE.

Last Agent to Sell the Property

Joshua Chao

Smart Capital License #01266811 Listed on: 09/26/2014

Last Buyer's Agent

Sybil Stevenson

Sybil Stevenson Broker License #00880357

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1962

Lot Details

  • 0.29

HOA Fees

  • $339 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,229 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 1 Common Wall
  • Forced Air Heating and Cooling System

Community Details

  • 7 Units

Listing and Financial Details

  • Tax Tract Number 33700
  • Assessor Parcel Number 5734008039

Property Details

Home Type

Condominium

Year Built

Built in 1962

Lot Details

0

HOA Fees

$339 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5734008039
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1229.00
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: Two
  • Price Per Square Foot: 349.88
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 339.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 12599.00
  • Price Per Lot Square Foot: 34.13
  • Lot Size Acres: 0.2890

Multi Family

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

Tax Info

  • Tax Tract Number: 33700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2014
Closed on
Jul 22, 2015
Sold by
Olm Margareth
Bought by
Manson Sallie A
Seller's Agent
Joshua Chao
Smart Capital
Buyer's Agent
Sybil Stevenson
Sybil Stevenson Broker
List Price
$445,000
Sold Price
$430,000
Premium/Discount to List
-$15,000
-3.37%
Current Estimated Value
$742,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,555
Avg. Annual Appreciation
5.36%
Original Mortgage
$344,000
Outstanding Balance
$269,629
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$472,926

Purchase Details

Closed on
Jun 24, 1997
Sold by
Tram Hanh
Bought by
Olm Margareth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,950
Interest Rate
7.57%
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
Manson Sallie A $430,000 First American Title Company
Olm Margareth $110,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manson Sallie A $344,000
Previous Owner Olm Margareth $98,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2015 07/24/15 Sold $430,000 -3.4% $350 / Sq Ft
06/25/2015 06/25/15 Pending -- -- --
09/26/2014 09/26/14 For Sale $445,000 -- $362 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,811 $509,023 $349,925 $159,098
2024 $5,811 $499,043 $343,064 $155,979
2023 $5,761 $489,259 $336,338 $152,921
2022 $5,562 $479,667 $329,744 $149,923
2021 $5,335 $470,263 $323,279 $146,984
2019 $5,136 $456,317 $313,692 $142,625
2018 $5,229 $447,371 $307,542 $139,829
2016 $5,055 $430,000 $295,600 $134,400
2015 $1,803 $146,126 $41,042 $105,084
2014 -- $143,265 $40,239 $103,026
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Joshua Chao

    Smart Capital

    (626) 705-1160

    23 Total Sales

    Joshua Chao
    Section Image

  • S

    Buyer's Agent in 2015

    Sybil Stevenson

    Sybil Stevenson Broker

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14207737

California Regional Multiple Listing Service (CRMLS)

APN: 5734-008-039

California Los Angeles County Pasadena 91101 Madison Heights

485 S Madison Ave Unit 7, Pasadena, CA

Not Listed for Sale

Condos

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