$535,000
SOLD JAN 30, 2017

497 E California Blvd Unit 301 Pasadena, CA 91106

Madison Heights Neighborhood
2 Beds
2 Baths
1,154 Sq Ft
$395/mo HOA Fee

Recently Sold

$464 Per Sq Ft

2% Below List Price

125 Days on Market

Highlights

  • In Ground Spa
  • Gated Community
  • High Ceiling
  • Blair High School Rated A-
  • Contemporary Architecture
  • Balcony

About This Home

As of July 2022

This third-level condo is conveniently located near to Lake Avenue shopping as well as Playhouse District restaurants and Paseo Colorado. It features two bedrooms, two bathrooms, a large patio, high ceilings, new carpet, new dishwasher, and in-unit laundry. It equipped with elevator and situated on top floor which means "No Neighbors Stepping on your Ceiling"! All these make this unit most desirable!!

Both bedrooms have spacious walk-in closets. The 2nd bedroom is adjacent to a full bathroom and has direct access to the balcony with room to BBQ and an additional storage. Two assigned parking spaces in the gated subterranean garage with quick access by stairs and elevator. This popular Park California complex has a gorgeous pool that is heated year round, a beautiful courtyard, and an exercise room.
As an investment property, the rent for the similar condo ranges from $2100 to $2400/Month.

If location and functionality are important to you, don't miss this opportunity to live in the heart of Pasadena.

Last Agent to Sell the Property

HSUN-CHIH LEE

IRN REALTY License #01928065 Listed on: 08/27/2016

Last Buyer's Agent

Jeff Russell

Alta Realty Company License #01275750

Alta Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,966

Year Built

  • Built in 1980

Lot Details

  • Two or More Common Walls

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 1,154 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Tinted Windows
  • Shutters
  • Blinds
  • Living Room with Fireplace
  • Closed Circuit Camera
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps
  • Accessible Parking

Pool

  • In Ground Spa
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 35409
  • Assessor Parcel Number 5734007084

Community Details

Recreation

  • Community Pool

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,966

Year Built

Built in 1980

Lot Details

0

HOA Fees

$395 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Washer, Dryer, New Dishwasher, Refrigerator (no warranty)
  • Other Phone Description: 323-909-2866
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: PSR1
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5734007084
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1154.00 Square Feet
  • Interior Amenities: Balcony, Elevator, High Ceilings
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone, Tile
  • Accessibility Features: Accessible Elevator Installed, No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 463.60
  • Room Type: Master Bedroom, Walk-In Closet
  • Spa Features: Gunite, In Ground
  • Window Features: Blinds, Shutters, Tinted Windows

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Features: Community, Gunite
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Microwave, Refrigerator
  • Electric: 220 Volts in Laundry
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 395.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 35409

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jun 21, 2022
Sold by
1996 Teng Family Revocable Trust
Bought by
Buena Vista Living Trust
Seller's Agent
Jeff Russell
eXp Realty of California Inc
Buyer's Agent
Kristin Fox
Compass
List Price
$699,888
Sold Price
$775,000
Premium/Discount to List
$75,112
10.73%
Total Days on Market
125
Current Estimated Value
$788,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,612
Avg. Annual Appreciation
0.61%
Original Mortgage
$700,000
Outstanding Balance
$670,767
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$117,845

Purchase Details

Closed on
Jul 10, 2020
Sold by
Teng Robert F and Teng Josephine O
Bought by
Teng Robert F and Teng Josephine O

Purchase Details

Listed on
Aug 27, 2016
Closed on
Jan 6, 2017
Sold by
Chen Danny Chi Hwa
Bought by
Teng Robert F and Teng Josephine Saieng Ooi
Seller's Agent
HSUN-CHIH LEE
IRN REALTY
Buyer's Agent
Jeff Russell
Alta Realty Company
List Price
$545,000
Sold Price
$535,000
Premium/Discount to List
-$10,000
-1.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
Jun 10, 2005
Sold by
Kosaka Hideshige
Bought by
Chen Danny Chi Hwa

Purchase Details

Closed on
Jun 24, 1997
Sold by
Abdollah Abdollah M
Bought by
Kosaka Hideshige and Kosaka Noriko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.58%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $775,000 Clearmark Title
Warranty Deed -- None Available
Warranty Deed -- None Available
Grant Deed $535,000 None Available
Grant Deed $480,000 Landwood Title
Grant Deed $155,000 Title Land
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $80,000 Credit Line Revolving
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $775,000 +10.7% $672 / Sq Ft
06/17/2022 06/17/22 For Sale $699,888 -9.7% $606 / Sq Ft
06/17/2022 06/17/22 Off Market $775,000 -- --
06/01/2022 06/01/22 For Sale $699,888 +30.8% $606 / Sq Ft
01/30/2017 01/30/17 Sold $535,000 -1.8% $464 / Sq Ft
12/30/2016 12/30/16 Pending -- -- --
08/27/2016 08/27/16 For Sale $545,000 -- $472 / 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
2024 $8,966 $790,500 $573,444 $217,056
2023 $8,890 $775,000 $562,200 $212,800
2022 $6,676 $585,096 $409,568 $175,528
2021 $6,402 $573,625 $401,538 $172,087
2019 $6,160 $556,613 $389,629 $166,984
2018 $6,301 $545,700 $381,990 $163,710
2016 $5,947 $511,000 $373,000 $138,000
2015 $5,462 $466,000 $340,000 $126,000
2014 $5,451 $466,000 $340,000 $126,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16192917

California Regional Multiple Listing Service (CRMLS)

APN: 5734-007-084