NOT LISTED FOR SALE

493 Toolen Place Pasadena, CA 91103

Muir Heights Neighborhood

Estimated Value: $1,036,000 - $1,326,000

5 Beds
3 Baths
2,273 Sq Ft
$524/Sq Ft Est. Value

Last Sold January 03, 2014

Last sale price $601,000 $264 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $6,997/month

18 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Forced Air Heating System
  • Fireplace
  • Laundry Room

About This Home

As of January 2014

Updated triplex with three separate units on one lot. New driveway leads to two one car garages with new garage doors. Each unit has new interior and exterior paint, new interior six panel doors, new duel pane windows, scraped ceilings with new lighting fixtures and sconce, remodeled kitchens with New simi custom cabinets and new granite countertops complete with under mount sinks and new faucets. FRONT HOUSE consist of three bedrooms and one bath with tiled fireplace, Formal dinning room, new exterior doors, new laminate flooring and tastefully remodeled bath with new tile flooring, new vanity, and new tub surrounded by custom tiled shower and inside laundry room. MIDDLE HOUSE- one bedroom one bath with fireplace, formal dinning room, new exterior doors, new laminate flooring throughout, new large baseboards, updated bath, and new heater. THIRD UNIT is a one bedroom one bath with new laminate flooring, large baseboards and new wall heater. Too much to list, a true must see. Middle unit is currently rented for $1,150.00. PROPERTY PASSED CITY OCCUPANCY INSPECTION ON 11/27/2013.
NO WARRANTIES IMPLIED OR EXPRESSED WHAT SO EVER BY SELLERS OR SELLERS AGENT, BUYER AND BUYERS AGENT TO PERFORM THERE OWN DUE DILIGENCE REGARDING ANY AND ALL.

Last Agent to Sell the Property

Steven Guthrie

Platinum Finance Properties License #01440504 Listed on: 11/21/2013

Last Buyer's Agent

Matthew Helganz

Meridian Capital Realty License #01435250

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,923 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Interior Spaces

  • 2,273 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 5825009037

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5825009037
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 264.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air, Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6923.00
  • Lot Size Acres: 0.1590

Multi Family

  • Lot Size Area: 6923.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Taxes Percent: 1.00
  • Tax Lot: 000
  • Tax Tract Number: 000
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2015
Sold by
Wallace Zebulon
Bought by
Pine Grove Property Investments Llc
Current Estimated Value
$1,190,708

Purchase Details

Listed on
Nov 21, 2013
Closed on
Jan 24, 2014
Sold by
Wallace Zebulon J
Bought by
Pine Grove Property Investments Llc
Seller's Agent
Steven Guthrie
Platinum Finance Properties
Buyer's Agent
Matthew Helganz
Meridian Capital Realty
List Price
$579,900
Sold Price
$601,000
Premium/Discount to List
$21,100
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$450,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2013
Closed on
Dec 3, 2013
Sold by
Lalani Nazmudin M and Louele Holdings Llc
Bought by
Wallace Zebulon J
Seller's Agent
Steven Guthrie
Platinum Finance Properties
Buyer's Agent
Matthew Helganz
Meridian Capital Realty
List Price
$579,900
Sold Price
$601,000
Premium/Discount to List
$21,100
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2012
Sold by
Pacheco Alma Delia Ochoa
Bought by
Lalani Nazmudin M and Louele Holdings Llc

Purchase Details

Closed on
Aug 3, 2010
Sold by
Pacheco Alma Delia Ochoa
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 1, 2005
Sold by
Pacheco Uriel
Bought by
Pacheco Alma Delia Ochoa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 4, 2005
Sold by
Castaneda Rutilio
Bought by
Pacheco Alma Delia Ochoa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 26, 1999
Sold by
Castaneda Felicitas
Bought by
Castaneda Rutilio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.47%
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
Pine Grove Property Investments Llc -- None Available
Wallace Zebulon -- None Available
Pine Grove Property Investments Llc -- None Available
Wallace Zebulon J $601,000 Lawyers Title Company
Lalani Nazmudin M $313,800 Lawyers Title
The Bank Of New York Mellon $360,000 None Available
Pacheco Alma Delia Ochoa -- Security Union Title Ins
Pacheco Alma Delia Ochoa $550,000 Security Union Title Ins
Castaneda Rutilio -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallace Zebulon J $450,750
Previous Owner Pacheco Alma Delia Ochoa $440,000
Previous Owner Castaneda Rutilio $129,000
Closed Pacheco Alma Delia Ochoa $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2014 01/03/14 Sold $601,000 +3.6% $264 / Sq Ft
12/03/2013 12/03/13 Pending -- -- --
11/15/2013 11/15/13 For Sale $579,900 -- $255 / 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 $9,320 $790,670 $545,504 $245,166
2024 $9,320 $775,167 $534,808 $240,359
2023 $9,240 $759,969 $524,322 $235,647
2022 $8,928 $745,069 $514,042 $231,027
2021 $8,566 $730,461 $503,963 $226,498
2020 $8,235 $722,972 $498,796 $224,176
2019 $8,254 $708,797 $489,016 $219,781
2018 $8,343 $694,900 $479,428 $215,472
2016 $8,065 $667,918 $460,812 $207,106
2015 $7,975 $657,887 $453,891 $203,996
2014 $5,382 $426,929 $251,135 $175,794
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Steven Guthrie

    Platinum Finance Properties

    (714) 379-2370

    16 Total Sales

    Steven Guthrie
    Section Image

  • M

    Buyer's Agent in 2014

    Matthew Helganz

    Meridian Capital Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13231918

California Regional Multiple Listing Service (CRMLS)

APN: 5825-009-037

California Los Angeles County Pasadena 91103 Muir Heights

493 Toolen Place, Pasadena, CA

Not Listed for Sale

MultiFamily

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