NOT LISTED FOR SALE

497 E California Blvd Unit 118 Pasadena, CA 91106

Madison Heights Neighborhood

Estimated Value: $820,000 - $888,285

2 Beds
2.5 Baths
1,380 Sq Ft
$435/mo HOA Fee

Last Sold April 07, 2020

Last sale price $682,000 $494 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,729/month

5 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • 75,663 Sq Ft lot
  • Blair High School Rated A-
  • View of Trees or Woods
  • Contemporary Architecture

About This Home

As of April 2020

Beautiful single-level light-filled 2 bedroom + den, 3 bathroom condo in the Park California secured complex located in the desirable Madison Heights/Playhouse District of Pasadena. The unit features a large living room with a fireplace and built-in dry bar, an updated kitchen with stainless steel appliances and granite countertops, and a large private balcony (accessible from the living room and the den) overlooking the lush inner courtyard. Both bedrooms feature en-suite bathrooms and walk-in closets. Additional features include a separate laundry room, wood laminate flooring throughout, & side by side parking in subterranean garage. The complex features a community pool, spa, recreation room, workout room, and well maintained grounds. Two blocks from Old Town Pasadena offering countless restaurant, shopping, and entertainment options. Down the road from CalTech Institute, Polytechnic School, Huntington Hospital, and Pasadena's Central Park.

Last Agent to Sell the Property

Brad Keyes

Keyes Real Estate License #01857106 Listed on: 03/05/2020

Co-Listed By

Ryan Sypek

Compass License #01949108

Last Buyer's Agent

Armen Sarkissian

Berkshire Hathaway HomeServices California Properties License #01242603

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,333

Year Built

  • Built in 1980

Lot Details

  • 1.74

HOA Fees

  • $435 Monthly HOA Fees

Property Views

  • Woods
  • Courtyard

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,380 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Side by Side Parking

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5734-007-051

Community Details

Overview

  • 74 Units
  • Low-Rise Condominium
  • Maintained Community

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,333

Year Built

Built in 1980

Lot Details

0

HOA Fees

$435 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Park California
  • Entry Floor: 1
  • Living Area: 1380
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 1980
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 471.01

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • View: Courtyard, Trees/Woods
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Garage, Side By Side, Subterranean
  • Total Parking: 2

Utilities

  • Cooling: Ceiling Fan, Central
  • Heating: Central, Fireplace
  • Security: Carbon Monoxide Detector(s), Gated, Smoke Detector

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Controlled Access, Fitness Center
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 435.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5734-007-051
  • Geocode Override: No
  • Lot Size Area: 75663

Multi Family

  • Number Of Units: 74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Mar 12, 2020
Sold by
Rich Jonathan E and Rich Becky J
Bought by
Ho Marilyn Chenchi and The Marilyn Chenchi Ho Living
Seller's Agent
Brad Keyes
Keyes Real Estate
Buyer's Agent
Armen Sarkissian
Berkshire Hathaway HomeServices California Properties
List Price
$649,999
Sold Price
$682,000
Premium/Discount to List
$32,001
4.92%
Current Estimated Value
$863,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,321
Avg. Annual Appreciation
4.79%
Original Mortgage
$409,200
Outstanding Balance
$286,884
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$593,291

Purchase Details

Listed on
Jan 6, 2015
Closed on
Jan 21, 2015
Sold by
Prima Property Llc
Bought by
Rich Jonathan E and Rich Becky J
Seller's Agent
Jung Joon Lee
Circa Properties, Inc.
Buyer's Agent
Jay Leyner
Jay Richard Leyner
List Price
$519,000
Sold Price
$520,000
Premium/Discount to List
$1,000
0.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$520,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2014
Sold by
Feichtmann Helen C
Bought by
Prima Property Llc

Purchase Details

Closed on
Jan 11, 1999
Sold by
Feichtmann George A and Feichtmann Helen C
Bought by
Feichtmann George A

Purchase Details

Closed on
Feb 20, 1998
Sold by
Craig Susan Halcomb
Bought by
Feichtmann George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.18%

Purchase Details

Closed on
Mar 20, 1996
Sold by
Heeren Edward J
Bought by
Craig Susan Halcomb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.41%
Source: Public Records

Range of Values:

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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
Ho Marilyn Chenchi $682,000 Stewart Title Of Ca Inc
Rich Jonathan E $520,000 Chicago Title Company
Prima Property Llc $429,000 None Available
Feichtmann George A -- --
Feichtmann George A $185,000 North American Title Co
Craig Susan Halcomb $175,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Marilyn Chenchi $409,200
Previous Owner Rich Jonathan E $28,000
Previous Owner Rich Jonathan E $520,000
Previous Owner Feichtmann Helen C $141,000
Previous Owner Feichtmann George A $148,000
Previous Owner Craig Susan Halcomb $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold $682,000 +4.9% $494 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $649,999 +25.0% $471 / Sq Ft
02/03/2015 02/03/15 Sold $520,000 +0.2% $377 / Sq Ft
01/06/2015 01/06/15 For Sale $519,000 -- $376 / Sq Ft
Source: The MLS

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 $8,333 $745,862 $539,165 $206,697
2024 $8,333 $731,239 $528,594 $202,645
2023 $8,262 $716,902 $518,230 $198,672
2022 $7,974 $702,846 $508,069 $194,777
2021 $7,646 $689,065 $498,107 $190,958
2020 $6,123 $571,442 $378,252 $193,190
2019 $6,138 $560,238 $370,836 $189,402
2018 $6,275 $549,254 $363,565 $185,689
2016 $6,067 $527,929 $349,449 $178,480
2015 $6,711 $576,288 $372,292 $203,996
2014 $2,862 $240,958 $110,969 $129,989
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-555266

The MLS

APN: 5734-007-051