NOT LISTED FOR SALE

497 S El Molino Ave Unit 104 Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $565,000 - $766,000

2 Beds
2 Baths
966 Sq Ft
$577/mo HOA Fee

Last Sold February 26, 2021

Last sale price $504,000 $522 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,547/month

8 Days on Market

Highlights

  • City Lights View
  • 0.59 Acre Lot
  • Home Office
  • Blair High School Rated A-
  • Contemporary Architecture
  • Breakfast Area or Nook

About This Home

As of February 2021

Located on a quiet Pasadena street, this condo unit features an always very bright south facing open floor plan, with fireplace and formal dining area. The primary suite boasts large closets, a full bath en suite and access to a patio shared with the second bedroom, that is equally desirable with a large sliding glass door. This is indoor-outdoor SoCal living perfection! Another updated bathroom is conveniently located in the hallway. The complex offers onsite laundry facilities and one of the few units with 2 side-by-side parking spots. The low monthly HOA's include ALL utilities (Gas, Electric, Trash, Water and EQ Insurance on the building). Nearby Caltech, Pasadena Playhouse District, PCC, Polytechnic Preparatory, Lake avenue shopping and dining.

Last Agent to Sell the Property

Kenneth Wei

Redfin License #01960918 Listed on: 01/19/2021

Last Buyer's Agent

Rosa Pena

License #01358662

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,148

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • South Facing Home
  • Gated Home

HOA Fees

  • $577 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Automatic Gate
  • Assigned Parking

Property Views

  • City Lights
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 966 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Security Lights

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5734-019-024

Community Details

Overview

  • Association fees include utilities, water and sewer paid, water, trash, sewer, electricity, gas, earthquake insurance
  • 32 Units
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Laundry Facilities
  • Community Storage Space

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,148

Year Built

Built in 1972 | Remodeled

Lot Details

0

HOA Fees

$577 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: El Molino Arms
  • Entry Floor: 1
  • Living Area: 966
  • Lot Acreage: 0.5911
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 1972
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 2
  • Fireplace Rooms: Living Room
  • Appliances: Built-In Gas
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Nook, Dining Area
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 494.82

Exterior Features

  • Balcony: North
  • Direction Faces: South
  • Exposure: South
  • Pool: No
  • View: City Lights, Green Belt
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Fire and Smoke Detection System, Exterior Security Lights, Automatic Gate

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Extra Storage
  • Pet Rules: Assoc Pet Rules

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Utilities, Water and Sewer Paid, Water, Trash, Sewer, Electricity, Gas, Earthquake Insurance
  • HOA Fees: 577.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5734-019-024
  • Lot Size Area: 25749

Multi Family

  • Number Of Units: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Jan 29, 2021
Sold by
Unknown and Chou Phoebe
Bought by
Gray Catherine Mary
Seller's Agent
Kenneth Wei
Redfin
Buyer's Agent
Rosa Pena
List Price
$470,000
Sold Price
$504,000
Premium/Discount to List
$34,000
7.23%
Current Estimated Value
$652,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,326
Avg. Annual Appreciation
5.79%
Original Mortgage
$447,300
Outstanding Balance
$400,061
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$252,265

Purchase Details

Closed on
Apr 27, 2010
Sold by
Wells Fargo Bank Na
Bought by
Chou Phoebe

Purchase Details

Closed on
Feb 24, 2010
Sold by
Johnson Inabelle
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 15, 2004
Sold by
Johnson Ina B
Bought by
Johnson Inabelle

Purchase Details

Closed on
Aug 12, 2003
Sold by
Lai Robert and Lai Haddy Kong
Bought by
Johnson Ina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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
Gray Catherine Mary $504,000 Lawyers Title
Chou Phoebe -- Lawyers Title
Chou Phoebe $290,000 Fidelity National Title Co
Wells Fargo Bank Na $285,702 Accommodation
Johnson Inabelle -- --
Johnson Ina B $273,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Catherine Mary $447,300
Previous Owner Johnson Ina B $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $504,000 +5.4% $522 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/19/2021 01/19/21 Price Changed $478,000 +1.7% $495 / Sq Ft
01/19/2021 01/19/21 For Sale $470,000 -- $487 / 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 $6,148 $545,542 $391,731 $153,811
2024 $6,148 $534,846 $384,050 $150,796
2023 $6,095 $524,360 $376,520 $147,840
2022 $5,884 $514,080 $369,138 $144,942
2021 $3,882 $345,820 $207,493 $138,327
2020 $3,728 $342,275 $205,366 $136,909
2019 $3,736 $335,565 $201,340 $134,225
2018 $3,812 $328,987 $197,393 $131,594
2016 $3,678 $316,214 $189,729 $126,485
2015 $3,636 $311,466 $186,880 $124,586
2014 $3,563 $305,366 $183,220 $122,146
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kenneth Wei

    Redfin

    Section Image

  • R

    Buyer's Agent in 2021

    Rosa Pena

See All Agents

Map

Source: The MLS

MLS Number: 21-680680

The MLS

APN: 5734-019-024

California Los Angeles County Pasadena 91101 Madison Heights

497 S El Molino Ave Unit 104, Pasadena, CA

This home is located at 497 S El Molino Ave Unit 104, Pasadena, CA 91101 since 19 January 2021 and is currently estimated at $652,326, approximately $675 per square foot. This property was built in 1972. 497 S El Molino Ave Unit 104 is a home located in Los Angeles County with nearby schools including McKinley School, Blair High School, and The Waverly School.

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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes