NOT LISTED FOR SALE

500 E Del Mar Blvd Unit 4 Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $986,000 - $1,178,000

2 Beds
2.5 Baths
1,547 Sq Ft
$566/mo HOA Fee

Last Sold February 22, 2024

Last sale price $1,085,000 $701 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,874/month

14 Days on Market

Highlights

  • Primary Bedroom Suite
  • Gated Parking
  • 0.94 Acre Lot
  • Blair High School Rated A-
  • Gated Community
  • Midcentury Modern Architecture

About This Home

As of February 2024

Fantastic opportunity to purchase an updated townhome style condo in the heart of Pasadena! Large windows allow for plentiful natural light throughout the serene space. Upon entering, a dining area with dramatic picture window overlooks the lush courtyard and opens to an updated kitchen with bar seating, granite counters, stainless appliances and plentiful storage. A generously sized living room features high ceilings, a fireplace and views of mature trees that can also be enjoyed from the private balcony. The upper level with two bedrooms includes a primary suite – both featuring plentiful closets, plantation shutters and updated bathrooms. A bonus lower level bonus area with half bath and laundry area is ideal for a den, home office or gym. Secured access to the complex and two parking spaces in the gated subterranean garage are included. A prime urban location, minutes from restaurants, freeways, shops and everything necessary for living your best life!

Last Agent to Sell the Property

Garrett Chan

Compass License #01959579 Listed on: 01/22/2024

Compass

Co-Listed By

Grace Chang

Coldwell Banker Realty License #01788890

Last Buyer's Agent

Jon Chen

EXP REALTY OF SOCAL License #02185092

EXP REALTY OF SOCAL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,062

Year Built

  • Built in 1984

Lot Details

  • Two or More Common Walls
  • East Facing Home

HOA Fees

  • $566 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available
  • Gated Parking

Home Design

  • Midcentury Modern Architecture
  • Entry on the 2nd floor
  • Turnkey
  • Stucco

Interior Spaces

  • 1,547 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Living Room with Fireplace
  • Bonus Room with Fireplace
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Range Hood
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Quartz Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 38728
  • Assessor Parcel Number 5734004050
  • $231 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 36 Units
  • 500 E Del Mar Homeowners' Association, Phone Number (626) 243-4160
  • Beven & Brock HOA
  • Maintained Community

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,062

Year Built

Built in 1984

Lot Details

0

HOA Fees

$566 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: PSR3
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5734004050
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1547.00 Square Feet
  • Interior Amenities: High Ceilings, Quartz Counters, Recessed Lighting
  • Stories: 3
  • Entry Location: 2nd
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 2
  • Fireplace Features: Bonus Room, Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 701.36
  • Room Type: Bonus Room, Kitchen, Living Room, Primary Suite
  • Window Features: Skylight(s)
  • Bathroom Features: Shower In Tub, Quartz Counters
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Direction Faces: East
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Gated, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Range Hood, Refrigerator
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Earthquake Insurance, Insurance, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Pets Permitted
  • Association Fee: 566.36
  • Association Fee Frequency: Monthly
  • Association Name: 500 E Del Mar Homeowners' Association
  • Phone: 626-243-4160
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: Beven & Brock

Schools

  • School District: Pasadena Unified

Lot Info

  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 41084.00
  • Lot Size Acres: 0.9432

Multi Family

  • Lease Considered: No
  • Lot Size Area: 41084.0000 Square Feet
  • Number Of Units In Community: 36
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4636.01
  • Tax Lot: 1
  • Tax Tract Number: 38728
  • TaxOtherAnnualAssessmentAmount: 230.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Feb 12, 2024
Sold by
Huang Gang
Bought by
Chen Yu Chun and Chen Kwei Sheng
Seller's Agent
Garrett Chan
Compass
Buyer's Agent
Jon Chen
EXP REALTY OF SOCAL
List Price
$1,049,000
Sold Price
$1,085,000
Premium/Discount to List
$36,000
3.43%
Views
40
Current Estimated Value
$1,042,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,701
Avg. Annual Appreciation
-2.63%

Purchase Details

Listed on
Nov 13, 2020
Closed on
Dec 1, 2020
Sold by
Le Cal Angela
Bought by
Huang Gang
Seller's Agent
Jenan Musulli
Coldwell Banker Realty
List Price
$699,000
Sold Price
$751,000
Premium/Discount to List
$52,000
7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.47%
Original Mortgage
$380,000
Interest Rate
2.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2014
Sold by
Le Cai Angela
Bought by
Le Cai Angela and Angela Cai Family Trust

Purchase Details

Closed on
Oct 29, 2007
Sold by
Chan Wingsiu Richard and Chan Renita Cheung
Bought by
Cai Angela Le

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2000
Sold by
Sondee Daniel C
Bought by
Chan Wingsiu Richard and Chan Renita Cheung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.81%

Purchase Details

Closed on
Dec 12, 1995
Sold by
Peterson David C
Bought by
Sondee Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,850
Interest Rate
7.18%
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
Chen Yu Chun $1,085,000 Lawyers Title Company
Huang Gang $751,000 Equity Title Los Angeles
Le Cai Angela -- None Available
Cai Angela Le $535,000 Southland Title Company
Chan Wingsiu Richard $292,500 Chicago Title
Sondee Daniel C $186,500 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huang Gang $380,000
Previous Owner Cai Angela Le $417,000
Previous Owner Chan Wingsiu Richard $250,000
Previous Owner Chan Wingsiu Richard $262,000
Previous Owner Chan Wingsiu Richard $262,000
Previous Owner Chan Wingsiu Richard $234,000
Previous Owner Sondee Daniel C $167,850
Closed Chan Wingsiu Richard $29,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $1,085,000 +3.4% $701 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $1,049,000 +39.7% $678 / Sq Ft
01/05/2021 01/05/21 Sold $751,000 +7.4% $485 / Sq Ft
11/13/2020 11/13/20 For Sale $699,000 -- $452 / 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 $9,062 $1,106,700 $443,700 $663,000
2024 $9,062 $796,965 $561,484 $235,481
2023 $8,985 $781,339 $550,475 $230,864
2022 $8,671 $766,020 $539,682 $226,338
2021 $7,154 $649,206 $458,694 $190,512
2020 $6,864 $642,550 $453,991 $188,559
2019 $6,882 $629,952 $445,090 $184,862
2018 $7,043 $617,601 $436,363 $181,238
2016 $6,812 $593,620 $419,419 $174,201
2015 $6,736 $584,704 $413,119 $171,585
2014 $6,592 $573,251 $405,027 $168,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24013648

California Regional Multiple Listing Service (CRMLS)

APN: 5734-004-050