$550,000
SOLD JUL 10, 2025

497 S El Molino Ave Unit 310 Pasadena, CA 91101

Madison Heights Neighborhood
2 Beds
2 Baths
1,019 Sq Ft
$681/mo HOA Fee

Recently Sold

$540 Per Sq Ft

1% Below List Price

25 Days on Market

Highlights

  • No Units Above
  • 1 Car Attached Garage
  • Community Barbecue Grill
  • Mountain View
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of July 2025

Welcome to this bright and beautifully maintained top-floor, two-bedroom, two-bath corner unit, ideally positioned in a private and peaceful location within the El Molino Arms condominium community. Situated in one of Pasadena's most coveted neighborhoods, this home offers unmatched access to the very best of the city - just blocks from the South Lake Avenue shopping district, Caltech, and countless local favorites for dining, culture, and recreation.Step inside and enjoy a thoughtfully designed open floor plan, bathed in natural light thanks to expansive windows that capture soothing southern views of swaying palm trees. The spacious living room is anchored by a cozy gas fireplace, perfect for relaxing evenings at home, and is complemented by newer carpet and classic window shutters that lend a polished, timeless feel. The adjacent dining area connects seamlessly to a kitchen featuring granite countertops, tile backsplash and ample cabinetry - perfect for both everyday meals and entertaining.The primary suite features an en-suite full bath and generous closet space, while a second three-quarter bath is conveniently located off the hallway. The unit also includes A/C, community laundry, one assigned parking space, and a private storage unit.Beyond the home itself, the lifestyle here is what truly sets it apart. El Molino Arms is a secured complex with lush landscaping and a welcoming common patio with a BBQ area, ideal for enjoying warm California evenings with friends and neighbors.And when you step outside, you're in the heart of Pasadena's most convenient and desirable areas. Spend your weekends at nearby Nick's for their delicious French Dip, browsing boutiques along South Lake Avenue, or exploring the serene grounds of Caltech. You're also just minutes from Old Pasadena, The Huntington Library & Gardens, Arlington Garden, and top-rated grocery stores like Trader Joe's and Erewhon. Quick freeway access and proximity to the Metro Gold Line make commuting a breeze - whether you're heading to DTLA, Highland Park, or the studios.The monthly HOA fee is $680.60 and includes water, electricity, gas, trash, earthquake insurance, gardener, common area maintenance, a common area patio & BBQ, 1 parking space, a storage unit, and laundry facilities.Whether you're a first-time buyer, downsizing, or investing in Pasadena's timeless charm, this quiet and sunny top-floor condo offers the perfect place to call home.

Last Agent to Sell the Property

Cynthia Cohn

Berkshire Hathaway Home Servic License #01329698 Listed on: 05/15/2025

Berkshire Hathaway Home Servic

Last Buyer's Agent

Xavier Inguanzo

Berkshire Hathaway Home Servic License #02233421

Berkshire Hathaway Home Servic

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • No Units Above
  • No Sprinklers

HOA Fees

  • $681 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Community Parking Structure

Interior Spaces

  • 1,019 Sq Ft Home
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Tract Number 463601
  • Assessor Parcel Number 5734019051

Community Details

Overview

  • El Molino Arms Homeowners Association, Phone Number (310) 444-7444
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Recreation Room
  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0

HOA Fees

$681 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5734019051
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1019.00 Square Feet
  • Common Walls: No One Above
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 539.74
  • Room Type: Kitchen

Exterior Features

  • Patio: No
  • View: Mountain(s)
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Community Structure
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Earthquake Insurance, Water, Trash, Pets Not Permitted, Maintenance Grounds, Gas, Electricity, Recreation Room
  • Association Fee: 680.60
  • Association Fee Frequency: Monthly
  • Association Name: El Molino Arms Homeowners Association
  • Phone: 310.444.7444
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Tract: 23384
  • Tax Tract Number: 463601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2025
Sold by
Zhang Richard Bin
Bought by
Gupta Ajay and Gupta Garima
Current Estimated Value
$567,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2018
Closed on
Aug 20, 2018
Sold by
Stenehjem Jerome Charles
Bought by
Zhang Richard Bin
Seller's Agent
Tony Dowdy
Coldwell Banker Realty
Buyer's Agent
Todd Mangiafico
Coldwell Banker Realty
List Price
$469,000
Sold Price
$455,000
Premium/Discount to List
-$14,000
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%
Original Mortgage
$185,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Type Sale Price Title Company
Grant Deed $550,000 Lawyers Title Company
Grant Deed $455,000 Equity Title Los Angeles
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $412,500 New Conventional
Previous Owner $185,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2025 07/10/25 Sold $550,000 -0.9% $540 / Sq Ft
06/09/2025 06/09/25 Pending -- -- --
05/15/2025 05/15/25 For Sale $555,000 +22.0% $545 / Sq Ft
09/14/2018 09/14/18 Sold $455,000 -3.0% $447 / Sq Ft View Prior Sale
09/01/2018 09/01/18 Pending -- -- --
07/15/2018 07/15/18 For Sale $469,000 -- $460 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $5,668 $507,556 $354,733 $152,823
2024 $5,668 $497,605 $347,778 $149,827
2023 $5,617 $487,849 $340,959 $146,890
2022 $5,421 $478,284 $334,274 $144,010
2021 $5,198 $468,907 $327,720 $141,187
2019 $5,000 $455,000 $318,000 $137,000
2018 $3,341 $279,068 $174,981 $104,087
2016 $3,221 $268,234 $168,187 $100,047
2015 $3,186 $264,206 $165,661 $98,545
2014 $3,125 $259,031 $162,416 $96,615
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-22276

Pasadena-Foothills Association of REALTORS®

APN: 5734-019-051