NOT LISTED FOR SALE

491 S Marengo Ave Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $1,481,000 - $2,411,000

3 Beds
1.5 Baths
2,244 Sq Ft
$878/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $1,400,000 $624 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $11,700/month

21 Days on Market

Highlights

  • Dual Staircase
  • Sun or Florida Room
  • Eat-In Kitchen
  • Wood Flooring
  • Front Porch
  • Built-In Features

About This Home

As of September 2019

This Craftsman bungalow was built by architect, John H. Simpsonin 1911. Ideally located within close distance to the Gold Line, grocery stores,restaurants, and Old Town. The original, oak front door withbeveled glass panels has sidelights that frame its gracious entry. The bungalow is located in the South Marengo Historic Business District and is recorded on theNational Register of Historic Places as a contributing property. The City of Pasadena has added a commercial overlay zone tothe Historic residential area allowing for business use. The property currently has a conditionaluse permit for a professional office.The versatile floor plan includes living room/reception area with fireplace, a sunroom/office nook, two private offices, and a window lined dining/conference room withbeautifully restored built-in cabinets featuring original leaded glass doors. A large eat-inkitchen perfect for informal gatherings.A secure server room and a large halfbath are also located on the first floor.The second floor includes two private offices, each with a private conference area and three-quarter bathroom. There are five parking places, one reserved forHandicap use. The property is ADA compliant.Property may be converted into residential use per City.

Last Agent to Sell the Property

Richard Langstaff

COMPASS License #01057700 Listed on: 07/04/2019

COMPASS

Last Buyer's Agent

Non-Member Default

Default Non-Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1911

Lot Details

  • 6,305 Sq Ft Lot
  • East Facing Home
  • Privacy Fence
  • Chain Link Fence
  • Front and Back Yard Sprinklers
  • Property is zoned PSR*

Home Design

  • Pillar, Post or Pier Foundation
  • Asphalt Roof
  • Redwood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,244 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Built-In Features
  • Entryway
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • Parking Available
  • Parking Lot

Accessible Home Design

  • Customized Wheelchair Accessible
  • Ramp on the main level
  • Accessible Parking

Outdoor Features

  • Patio
  • Front Porch

Farming

  • Agricultural

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 5722016048

Home Details

Home Type

Single Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Attached: No
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Zoning: PSR*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5722016048
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2244.00
  • Interior Amenities: 2 Staircases, Built-in Features
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile, Wood
  • Accessibility Features: Customized Wheelchair Accessible, Parking, Ramp - Main Level
  • Appliances: Yes
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Kitchen, In Living Room
  • Fireplace Features: Living Room
  • Levels: One, Two
  • Price Per Square Foot: 623.89
  • Room Type: Entry, Sun
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Concrete Perimeter, Pillar/Post/Pier
  • Fence: Yes
  • Fencing: Chain Link, Privacy
  • Patio And Porch Features: Front Porch
  • Roof: Asphalt
  • Construction Materials: Redwood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Vented Exhaust Fan
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Green Features

  • Green Location: Transportation, Walkability

Lot Info

  • Land Lease: No
  • Lot Features: Agricultural, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 6305.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 6305.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2019
Closed on
Jul 29, 2019
Sold by
Krystad Eric A and Krystad Stephanie A
Bought by
Mardirossian Cristina N and Sandoval Alejandro
Seller's Agent
Richard Langstaff
COMPASS
Buyer's Agent
Non-Member Default
Default Non-Member Office
List Price
$1,425,000
Sold Price
$1,400,000
Premium/Discount to List
-$25,000
-1.75%
Current Estimated Value
$1,969,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$569,167
Avg. Annual Appreciation
5.56%
Original Mortgage
$1,120,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2005
Sold by
Krystad Eric A
Bought by
Krystad Stephanie A and The Krystad Family Trust

Purchase Details

Closed on
Dec 8, 1998
Sold by
Decardenas Gilbert B
Bought by
Krystad Eric and Krystad Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.79%

Purchase Details

Closed on
Apr 30, 1998
Sold by
Goldberg Edward M
Bought by
Decardenas Gilbert B and Cardenas Raptis Ana I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
7.07%

Purchase Details

Closed on
Apr 27, 1998
Sold by
Decardenas Marlene
Bought by
Decardenas Gilbert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
7.07%
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
Mardirossian Cristina N $1,400,000 North American Title Company
Krystad Stephanie A -- --
Krystad Eric $345,000 American Title Co
Decardenas Gilbert B $305,000 Gateway Title Company
Decardenas Gilbert B -- Gateway Title Company
Decardenas Raptis Ana I -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mardirossian Cristina N $1,120,000
Previous Owner Krystad Eric $240,000
Previous Owner Decardenas Gilbert B $228,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2019 09/16/19 Sold $1,400,000 -1.8% $624 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
07/04/2019 07/04/19 For Sale $1,425,000 -- $635 / 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 $16,963 $1,531,100 $1,118,251 $412,849
2024 $16,963 $1,501,079 $1,096,325 $404,754
2023 $16,822 $1,471,647 $1,074,829 $396,818
2022 $16,234 $1,442,792 $1,053,754 $389,038
2021 $15,568 $1,414,503 $1,033,093 $381,410
2019 $5,666 $490,914 $387,878 $103,036
2018 $5,741 $481,289 $380,273 $101,016
2016 $5,538 $462,602 $365,507 $97,095
2015 $5,477 $455,654 $360,017 $95,637
2014 $5,368 $446,729 $352,965 $93,764
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Richard Langstaff

    COMPASS

    (626) 643-2065

    8 Total Sales

    Richard Langstaff
    Section Image

  • N

    Buyer's Agent in 2019

    Non-Member Default

    Default Non-Member Office

See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819003103

Pasadena-Foothills Association of REALTORS®

APN: 5722-016-048

California Los Angeles County Pasadena 91101 Madison Heights

491 S Marengo Ave, Pasadena, CA

Not Listed for Sale

Detached

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