NOT LISTED FOR SALE

497 S El Molino Ave Unit 110 Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $575,000 - $699,000

2 Beds
2 Baths
1,017 Sq Ft
$575/mo HOA Fee

Last Sold July 20, 2018

Last sale price $472,000 $464 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,439/month

82 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Meeting Room
  • Blair High School Rated A-
  • Main Floor Primary Bedroom
  • Subterranean Parking

About This Home

As of July 2018

This great complex unit was totally remodeled on 2009 and 2010. Newer kitchen with granite counter top and cabinets, dishwasher machine, tile floor in kitchen and baths, laminate wood floor, two baths and showers, central air and heating system. Very convenient location, close to Cal-Tech and P.C.C., Old Town, S. Lake shopping and Paseo Mall. This very specious unit is on the first floor, there are no common walls to other units, lots of windows, very bright and light.

Last Agent to Sell the Property

Jean Huang

Wetrust Realty License #01053756 Listed on: 03/28/2018

Last Buyer's Agent

Sarah Stark

Berkshire Hathaway HomeService License #02058832

Berkshire Hathaway HomeService

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,871

Year Built

  • Built in 1972

Lot Details

  • 1 Common Wall
  • Sprinkler System

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Home Design

  • Contemporary Architecture
  • Turnkey
  • Composition Roof

Interior Spaces

  • 1,017 Sq Ft Home
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main

Home Security

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 23384
  • Assessor Parcel Number 5734019055

Community Details

Overview

  • 32 Units
  • El Molino Association, Phone Number (626) 340-1678

Amenities

  • Community Barbecue Grill
  • Meeting Room
  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pet Restriction

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,871

Year Built

Built in 1972

Lot Details

0

HOA Fees

$575 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: 626-340-1678
  • Other Phone Number: 626-576-0566
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • Subdivision Name Other: OTHR
  • View: No
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5734019055
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1017.00 Square Feet
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Living Room
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 464.11
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Meeting Room, Storage, Earthquake Insurance, Electricity, Gas, Utilities, Sewer, Water, Pet Rules
  • Association Fee: 575.00
  • Association Fee Frequency: Monthly
  • Association Name: el molino
  • Phone: 6263401678
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 802.00

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 32
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract: el molino
  • Tax Tract Number: 23384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2018
Closed on
Jul 19, 2018
Sold by
Rathfelder Kay Alexander
Bought by
Rathfelder Kay and Kay Rathfelder Revocable Trust
Seller's Agent
Jean Huang
Wetrust Realty
Buyer's Agent
Sarah Stark
Berkshire Hathaway HomeService
List Price
$499,000
Sold Price
$472,000
Premium/Discount to List
-$27,000
-5.41%
Current Estimated Value
$636,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,445
Avg. Annual Appreciation
4.23%
Original Mortgage
$292,000
Outstanding Balance
$253,062
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$383,383

Purchase Details

Listed on
Mar 28, 2018
Closed on
Jul 11, 2018
Sold by
El Green Lp
Bought by
Rathfelder Kay Alexandra
Seller's Agent
Jean Huang
Wetrust Realty
Buyer's Agent
Sarah Stark
Berkshire Hathaway HomeService
List Price
$499,000
Sold Price
$472,000
Premium/Discount to List
-$27,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Outstanding Balance
$253,062
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$383,383

Purchase Details

Closed on
Jul 13, 2015
Sold by
Lin Yen Liang
Bought by
El Green Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2012
Sold by
Lin Hiko Yen Liang and Yiu Julia Yen Fen
Bought by
El Green Lp

Purchase Details

Closed on
Mar 5, 2010
Sold by
Xiao Xiaoyi and Liang Cheng
Bought by
Lin Hiko Yen Liang

Purchase Details

Closed on
Feb 3, 2009
Sold by
Us Bank National Association
Bought by
Xiao Xiaoyi

Purchase Details

Closed on
May 21, 2008
Sold by
Saldivar Pauline
Bought by
Us Bank Na and Jpmorgan Chase Bank Na

Purchase Details

Closed on
Jan 25, 2006
Sold by
Yu David N and Estate Of John Chun Teh Yu
Bought by
Saldivar Pauline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 7, 2000
Sold by
Yu John Chun Teh
Bought by
Yu John Chun Teh

Purchase Details

Closed on
Aug 12, 1996
Sold by
Forshay Ruth J
Bought by
Yu John Chun Teh
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
Rathfelder Kay -- Accommodation
Rathfelder Kay Alexandra $472,000 Westminster Title Company
El Green Lp -- Nations Title Company Of Ca
Lin Yen Liang -- Nations Title Company Of Ca
El Green Lp -- None Available
Lin Hiko Yen Liang $326,000 First Amer Title San Diego
Xiao Xiaoyi $245,000 First American Title Company
Us Bank Na $276,500 Accommodation
Saldivar Pauline $410,000 Fatcola
Yu John Chun Teh -- --
Yu John Chun Teh $92,500 Chicago Title
Forshay Ruth J -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rathfelder Kay Alexandra $292,000
Previous Owner Lin Yen Liang $337,500
Previous Owner Saldivar Pauline $328,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2018 07/20/18 Sold $472,000 -1.5% $464 / Sq Ft
06/08/2018 06/08/18 Price Changed $479,000 -4.0% $471 / Sq Ft
03/28/2018 03/28/18 For Sale $499,000 -- $491 / 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 $5,871 $526,521 $374,701 $151,820
2024 $5,871 $516,198 $367,354 $148,844
2023 $5,819 $506,077 $360,151 $145,926
2022 $5,615 $496,155 $353,090 $143,065
2021 $5,384 $486,427 $346,167 $140,260
2019 $5,180 $472,000 $335,900 $136,100
2018 $4,345 $369,828 $244,927 $124,901
2016 $4,197 $355,468 $235,417 $120,051
2015 $4,151 $350,129 $231,881 $118,248
2014 -- $343,271 $227,339 $115,932
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18071223

California Regional Multiple Listing Service (CRMLS)

APN: 5734-019-055