NOT LISTED FOR SALE

Estimated Value: $3,488,048

-- Bed
-- Bath
8,678 Sq Ft
$402/Sq Ft Est. Value

About This Home

This home is located at 488 N Allen Ave, Pasadena, CA 91106 and is currently estimated at $3,488,048, approximately $401 per square foot. 488 N Allen Ave is a home located in Los Angeles County with nearby schools including Charles W. Eliot Arts Magnet Academy, Pasadena High School, and International School of Los Angeles-Pasadena.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Michel Georges Living Trust and Georges Michel
Bought by
Msie 488-504 Llc
Current Estimated Value
$3,488,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Outstanding Balance
$1,466,099
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$1,992,898

Purchase Details

Closed on
Apr 6, 2021
Sold by
Piumetti Family Trust and Piumetti Joe
Bought by
Michel Georges Living Trust and Georges

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,160,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2019
Sold by
Piumetti Joe and Piumetti Rosalia
Bought by
Piumetti Joe and Piumetti Rosalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.4%

Purchase Details

Closed on
Jul 20, 2007
Sold by
Piumetti Joe and Piumetti Rosalia
Bought by
Piumetti Joe

Purchase Details

Closed on
Oct 26, 2005
Sold by
Jetstream Exchange Co Llc
Bought by
Piumetti Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 2005
Sold by
Crystal Investments Llc
Bought by
Jestream Exchange Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 22, 2000
Sold by
Abajian Alan Roy and Abajian Lawrence Albert
Bought by
Crystal Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
7.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 1999
Sold by
A And V Abajian Trust and Alan Roy
Bought by
Abajian Alan Roy
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Msie 488-504 Llc -- None Listed On Document
Michel Georges Living Trust $2,725,000 First American Title Company O
Piumetti Joe -- First Amer Ttl Ins Co Ncs
Piumetti Joe -- None Available
Piumetti Joe -- Landamerica Coml Svcs
Jestream Exchange Co Llc -- --
Crystal Investments Llc -- Chicago Title
Abajian Alan Roy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Msie 488-504 Llc $1,470,000
Previous Owner Michel Georges Living Trust $2,160,000
Previous Owner Piumetti Joe $1,100,000
Previous Owner Piumetti Joe $1,050,000
Previous Owner Piumetti Joe $1,200,000
Previous Owner Crystal Investments Llc $504,000
Source: Public Records

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 $33,567 $2,949,626 $1,082,432 $1,867,194
2024 $33,567 $2,891,791 $1,061,208 $1,830,583
2023 $33,291 $2,835,090 $1,040,400 $1,794,690
2022 $32,145 $2,779,500 $1,020,000 $1,759,500
2021 $28,614 $2,518,704 $1,704,389 $814,315
2020 $27,476 $2,492,879 $1,686,913 $805,966
2019 $27,548 $2,444,000 $1,653,837 $790,163
2018 $28,017 $2,396,079 $1,621,409 $774,670
2016 $27,103 $2,303,039 $1,558,449 $744,590
2015 $20,418 $1,700,000 $1,020,000 $680,000
2014 $20,372 $1,700,000 $1,020,000 $680,000
Source: Public Records

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