NOT LISTED FOR SALE

495 N Wilson Ave Pasadena, CA 91106

Northwest Pasadena Neighborhood

Estimated Value: $1,302,000 - $1,900,000

3 Beds
2 Baths
2,118 Sq Ft
$799/Sq Ft Est. Value

Last Sold July 19, 2017

Last sale price $1,225,000 $578 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $10,170/month

27 Days on Market

Highlights

  • No HOA
  • Zoned Cooling
  • 1-Story Property
  • Pasadena High School Rated A

About This Home

As of July 2017

Newly remodeled Triplex, Two 2 beds,1bath and One 1 bed and 1 bath units. Perfect investment property for long term hold or owner can live one of the units and rent out other two. All new paint, windows, exterior landscaping, all new stainless steel appliances, kitchen finishes, new gas stove, refrigerator, tile backsplash, washer and dryer in the unit, new AC units, new Water heater, tub to ceiling tile shower, recessed lighting, located conveniently nearby Pasadena City College, the 210 freeway, and a large selection of restaurants. This is must buy investment property, act quick or it will be gone soon.

Last Agent to Sell the Property

Johnney Zhang

Primior Management Inc License #01996880 Listed on: 05/11/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 9,314 Sq Ft Lot
  • 1 Common Wall
  • Density is 11-15 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,118 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location
  • Zoned Cooling

Listing and Financial Details

  • Assessor Parcel Number 5732012035

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 1 Leased Unit
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Trash Expense $600
  • Water Sewer Expense $1,800
  • New Taxes Expense $15,000
  • Operating Expense $17,900
  • Gross Income $75,600
  • Net Operating Income $55,432

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: PSR3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5732012035
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 578.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 9314.00

Multi Family

  • Gross Income: 75600.00
  • Gross Operating Income: 73332.00
  • Gross Scheduled Income: 75600.00
  • Insurance Expense: 500.00
  • Net Operating Income: 55432.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Operating Expense: 17900.00
  • Rent Control: No
  • Total Actual Rent: 2200.00
  • Total Expenses: 17900.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Census Tract: 4623.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2018
Sold by
Patel Jagubhai V and Patel Nilaben R
Bought by
Patel Jagubhai V and Patel Nilaben R
Current Estimated Value
$1,692,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,441,000
Outstanding Balance
$2,914,216
Interest Rate
3.99%
Mortgage Type
Construction
Estimated Equity
-$1,221,497

Purchase Details

Listed on
May 11, 2017
Closed on
Jul 17, 2017
Sold by
Patel Jagubhai V and Patel Nilaben R
Bought by
Patel Jagubhai V and Patel Nilaben R
Seller's Agent
Johnney Zhang
Primior Management Inc
List Price
$1,299,999
Sold Price
$1,225,000
Premium/Discount to List
-$74,999
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%
Original Mortgage
$299,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2017
Closed on
Jun 29, 2017
Sold by
Jz Residence Pasadena Llc
Bought by
Patel Jagubhai V and Patel Nilaben R
Seller's Agent
Johnney Zhang
Primior Management Inc
List Price
$1,299,999
Sold Price
$1,225,000
Premium/Discount to List
-$74,999
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2014
Closed on
Jul 29, 2014
Sold by
Reese Bryan L
Bought by
J Z Residence Pasadena Llc
Seller's Agent
Karen Nielsen
COMPASS
List Price
$785,000
Sold Price
$785,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.52%

Purchase Details

Closed on
Jan 26, 2005
Sold by
Matthews Zachary P and Matthews Demery R
Bought by
Reese Bryan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 1997
Sold by
Kurata Sakaye
Bought by
Matthews Zachary P and Matthews Demery R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,100
Interest Rate
7.66%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Patel Jagubhai V -- Lawyers Title Company
Patel Jagubhai V -- Accommodation
Patel Jagubhai V $1,225,000 Title365
J Z Residence Pasadena Llc $785,000 Lawyers Title
Reese Bryan L $635,000 Fidelity National Title Co
Matthews Zachary P $198,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Jagubhai V $3,441,000
Closed Patel Jagubhai V $299,000
Previous Owner Reese Bryan L $444,500
Previous Owner Matthews Zachary P $191,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2017 07/19/17 Sold $1,225,000 -5.8% $578 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $1,299,999 +65.6% $614 / Sq Ft
08/22/2014 08/22/14 Sold $785,000 0.0% $371 / Sq Ft View Prior Sale
07/26/2014 07/26/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $785,000 -- $371 / 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 $15,829 $1,393,835 $905,709 $488,126
2024 $15,829 $1,366,505 $887,950 $478,555
2023 $15,695 $1,339,712 $870,540 $469,172
2022 $15,154 $1,313,444 $853,471 $459,973
2021 $14,538 $1,287,691 $836,737 $450,954
2020 $13,958 $1,274,489 $828,158 $446,331
2019 $13,995 $1,249,500 $811,920 $437,580
2018 $14,237 $1,225,000 $796,000 $429,000
2016 $9,541 $796,970 $517,777 $279,193
2015 $9,435 $785,000 $510,000 $275,000
2014 -- $722,047 $568,543 $153,504
Source: Public Records

Agents Affiliated with this Home

  • Johnney Zhang

    Seller's Agent in 2017

    Johnney Zhang

    Primior Management Inc

    (800) 735-9973

    3 Total Sales

    Johnney Zhang
    Section Image

  • K

    Seller's Agent in 2014

    Karen Nielsen

    COMPASS

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR17104627

California Regional Multiple Listing Service (CRMLS)

APN: 5732-012-035

California Los Angeles County Pasadena 91106 Northwest Pasadena

495 N Wilson Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes