NOT LISTED FOR SALE

497 S El Molino Ave Unit 209 Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $565,000 - $627,000

2 Beds
2 Baths
1,019 Sq Ft
0.59 Acres

Last Sold September 12, 2018

Last sale price $468,000 $459 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,677/month

Highlights

  • View of Trees or Woods
  • 0.59 Acre Lot
  • Granite Countertops
  • Blair High School Rated A-
  • Main Floor Primary Bedroom
  • Bathtub

About This Home

As of June 2024

Newly renovate charming complex in the heart of Pasadena close to CalTech and PCC, walking distance to coffee shop, popular dining spots and fabulous shopping. The complex feature spacious living room with fireplace opens to a casual dining area. Then the updated kitchen features Stainless Steel appliances, solid wood cabinets with self-closing drawers, wine cooler, lots of granie counter space with task lighting. The open floorplan provides a delightful flow for dining, entertaining, or while studying. There is a large master suite with dual closets and full bath. The 2nd bedroom light infused with treetop views offers privacy and serenity. This unit come with one parking space.

We are looking for minimun 1 years lease and would take good care of this charming home.

Last Agent to Rent the Property

LINDA SHEN

IRN Realty Brokerage Email: linlinshen@hotmail.com License #01857355 Listed on: 04/27/2024

IRN Realty

Last Renter's Agent

LINDA SHEN

IRN Realty Brokerage Email: linlinshen@hotmail.com License #01857355 Listed on: 04/27/2024

IRN Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,900

Year Built

  • Built in 1972

Lot Details

  • 1 Common Wall
  • Density is 31-35 Units/Acre

Parking

  • 1 Car Garage
  • 1 Detached Carport Space
  • Parking Available

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,019 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Views of Woods
  • Granite Countertops
  • Laundry Room

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Mckinley Elementary School
  • Blair High School

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Security Deposit $3,250
  • 12-Month Minimum Lease Term
  • Available 5/20/24
  • Tax Lot 1
  • Tax Tract Number 23384
  • Assessor Parcel Number 5734019056

Community Details

Overview

  • Property has a Home Owners Association
  • $300 HOA Transfer Fee
  • 32 Units
  • Association Phone (310) 444-7444
  • Allstate HOA

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,900

Year Built

Built in 1972

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2024-05-20
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 300
  • Deposit Security: 3250
  • Furnished: Unfurnished
  • Total Move In Costs: 6850.00
  • Transfer Fees: 300.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: PSR3
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5734019056
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1019.00 Square Feet
  • Stories: 3
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.09
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Water Source: Other
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Phone: 310-444-7444
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights
  • Association Management: Allstate HOA

Schools

  • School District: Pasadena Unified
  • Elementary School: McKinley
  • High School: Blair
  • Elementary School: McKinley
  • High School: Blair
  • Elementary School #2: MCKINL
  • High School2: BLAIR

Lot Info

  • Additional Parcels: No
  • Lot Features: 31-35 Units/Acre
  • Lot Size Sq Ft: 25757.00
  • Lot Size Acres: 0.5913
  • Latitude Manual: 34.13734300

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 25757.0000 Square Feet
  • Number Of Units In Community: 32
  • Number Of Units Total: 32

Tax Info

  • Tax Census Tract: 4636.01
  • Tax Lot: 1
  • Tax Tract Number: 23384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2018
Closed on
Aug 24, 2018
Sold by
Wong Wing Tsan
Bought by
Lu Xiaowen
Seller's Agent
Barbara King
Hythe Realty, Inc
Buyer's Agent
Marina Kilzi
Coldwell Banker Residential Brokerage Company
List Price
$455,000
Sold Price
$468,000
Premium/Discount to List
$13,000
2.86%
Current Estimated Value
$600,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,794
Avg. Annual Appreciation
3.59%

Purchase Details

Listed on
Jul 14, 2015
Closed on
Jul 24, 2015
Sold by
Azarchs Adam
Bought by
Wong Wing Tsan and Wu Jing Woan
Seller's Agent
Cynthia Rowland
Berkshire Hathaway Home Servic
Buyer's Agent
Barbara King
Coldwell Banker Residential Brokerage Company
List Price
$415,000
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%

Purchase Details

Closed on
Nov 20, 2007
Sold by
Azarchs Adam D
Bought by
Azarchs Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,400
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2007
Sold by
Sanchez Alejandro and Sanchez Rosaura
Bought by
Azarchs Adam D

Purchase Details

Closed on
Aug 22, 2003
Sold by
Hanzel Charles J and Hanzel Mary S
Bought by
Sanchez Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 1994
Sold by
Papian Steven M and Grabenstein Kathlyn A
Bought by
Hanzel Charles J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,700
Interest Rate
6.3%
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
Lu Xiaowen $468,000 Equity Title Los Angeles
Wong Wing Tsan $415,000 California Title Company
Azarchs Adam -- Southland Title Corporation
Azarchs Adam D $400,000 Southland Title Corporation
Sanchez Alejandro $300,000 Lawyers Title
Hanzel Charles J $121,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Azarchs Adam $318,400
Previous Owner Sanchez Alejandro $228,000
Previous Owner Hanzel Charles J $96,700
Closed Sanchez Alejandro $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2024 06/22/24 Rented $3,150 -3.1% --
04/27/2024 04/27/24 For Rent $3,250 +8.5% --
07/21/2023 07/21/23 Rented $2,995 0.0% --
07/05/2023 07/05/23 Price Changed $2,995 -4.9% $3 / Sq Ft
06/10/2023 06/10/23 For Rent $3,150 +21.2% --
08/23/2021 08/23/21 Rented $2,600 0.0% --
08/10/2021 08/10/21 Price Changed $2,600 -3.7% $3 / Sq Ft
07/01/2021 07/01/21 Price Changed $2,700 -1.8% $3 / Sq Ft
06/08/2021 06/08/21 For Rent $2,750 0.0% --
09/12/2018 09/12/18 Sold $468,000 +2.9% $459 / Sq Ft View Prior Sale
08/08/2018 08/08/18 For Sale $455,000 +9.6% $447 / Sq Ft
08/17/2015 08/17/15 Sold $415,000 0.0% $407 / Sq Ft View Prior Sale
08/05/2015 08/05/15 Pending -- -- --
07/14/2015 07/14/15 For Sale $415,000 -- $407 / 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 $5,900 $522,058 $370,015 $152,043
2024 $5,900 $511,822 $362,760 $149,062
2023 $5,849 $501,788 $355,648 $146,140
2022 $5,646 $491,950 $348,675 $143,275
2021 $5,415 $482,305 $341,839 $140,466
2019 $5,211 $468,000 $331,700 $136,300
2018 $5,030 $431,765 $298,386 $133,379
2016 $4,864 $415,000 $286,800 $128,200
2015 $4,836 $418,000 $308,500 $109,500
2014 $4,826 $418,000 $308,500 $109,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR24082405

California Regional Multiple Listing Service (CRMLS)

APN: 5734-019-056