NOT LISTED FOR SALE

500 E Del Mar Blvd Unit 9 Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $832,000 - $1,067,000

2 Beds
2 Baths
1,440 Sq Ft
$523/mo HOA Fee

Last Sold July 09, 2021

Last sale price $890,000 $618 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,760/month

7 Days on Market

Highlights

  • Rooftop Deck
  • Mountain View
  • Bamboo Flooring
  • Blair High School Rated A-
  • Contemporary Architecture
  • Main Floor Bedroom

About This Home

As of July 2021

This stunning top floor penthouse in prime Pasadena location offers convenient accessibility to Paseo Colorado, Old Pasadena and the Playhouse District. Unparalleled privacy, 9' ceilings and limestone floors are just a few of the special features here. Expansive windows and 4 skylights make this space exceptionally light and bright. Exquisitely appointed, the living room offers amazing treetop views, custom 92' tall French doors opening to a private balcony, gas fireplace and recessed lighting. The attractive kitchen features built-in wine fridge, gas cooktop, custom track lighting, Culligan reverse osmosis water filtration system, skylight, stone countertops and walk-in pantry. Both baths have been tastefully remodeled with stone and marble accents. The spacious owner's suite is a lovely retreat and features bamboo flooring, 92' French doors opening to private deck, and walk-in closet. Additionally, there's a second walk-in closet for the second bedroom and an abundance of storage in numerous closets throughout. There are also skylights in the owner's suite bath, closet and separate laundry room. With nearly 400 square feet of private deck space, this truly is an exceptional find for spectacular sunsets, quiet and peaceful living.

Last Agent to Sell the Property

Kathy Gibson

COMPASS License #01098628 Listed on: 06/03/2021

COMPASS

Last Buyer's Agent

Arbi Derian

COMPASS License #01978010

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,389

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • End Unit
  • West Facing Home

HOA Fees

  • $523 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Home Design

  • Contemporary Architecture
  • Turnkey
  • Stucco

Interior Spaces

  • 1,440 Sq Ft Home
  • Recessed Lighting
  • Track Lighting
  • Gas Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Kitchen

  • Eat-In Galley Kitchen
  • Walk-In Pantry
  • Gas Cooktop
  • Dishwasher
  • Stone Countertops

Flooring

  • Bamboo
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathtub
  • Walk-in Shower

Home Security

Outdoor Features

  • Rooftop Deck
  • Patio

Additional Features

  • Urban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4636
  • Assessor Parcel Number 5734004055

Community Details

Overview

  • 35 Units
  • 500 Del Mar Association, Phone Number (323) 349-0865
  • Secondary HOA Phone (323) 373-3181
  • Cardinal Management Group HOA

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,389

Year Built

Built in 1984 | Remodeled

Lot Details

0

HOA Fees

$523 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: negotiable
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5734004055
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1440.00 Square Feet
  • Interior Amenities: Recessed Lighting, Stone Counters, Track Lighting
  • Common Walls: End Unit
  • Flooring: Bamboo, Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Gas, Living Room
  • Levels: One
  • Price Per Square Foot: 618.06
  • Room Type: Formal Entry, Galley Kitchen, Kitchen, Living Room, Main Floor Bedroom, Master Bedroom, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Bathtub, Remodeled, Shower

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: Mountain(s)
  • Fence: No
  • Patio And Porch Features: Deck, Roof Top
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Management
  • Association Fee: 523.00
  • Association Fee Frequency: Monthly
  • Association Name: 500 Del Mar
  • Phone: 3233490865
  • Association Phone #2: 323-373-3181
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Urban
  • Association Management: Cardinal Management Group

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 35

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 4636

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jun 29, 2021
Sold by
Morshedian Farshideh
Bought by
Chih Julia Akman
Seller's Agent
Kathy Gibson
COMPASS
Buyer's Agent
Arbi Derian
COMPASS
List Price
$859,000
Sold Price
$890,000
Premium/Discount to List
$31,000
3.61%
Current Estimated Value
$972,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,548
Avg. Annual Appreciation
2.21%
Original Mortgage
$700,000
Outstanding Balance
$636,517
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$336,031

Purchase Details

Listed on
Mar 4, 2014
Closed on
May 13, 2014
Sold by
Morshedian Farshideh
Bought by
Morshedian Farshideh and Farshideh Morshedian Living Tr
Seller's Agent
Barbara Kightlinger
No Firm Affiliation
Buyer's Agent
Bruce McPherson
Sotheby's International Realty
List Price
$645,000
Sold Price
$617,500
Premium/Discount to List
-$27,500
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$494,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2014
Closed on
Apr 9, 2014
Sold by
Miller Matthew M
Bought by
Morshedian Farshideh
Seller's Agent
Barbara Kightlinger
No Firm Affiliation
Buyer's Agent
Bruce McPherson
Sotheby's International Realty
List Price
$645,000
Sold Price
$617,500
Premium/Discount to List
-$27,500
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2008
Sold by
Miller Lydia Muller
Bought by
Miller Matthew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2008
Sold by
Sandefur Joel B and Sandefur Oksana
Bought by
Miller Matthew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2003
Sold by
Herbst Nanci A
Bought by
Sandefur Joel B and Sandefur Oksana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2001
Sold by
Bray John Kelly and John Kelly Bray Living Trust O
Bought by
Herbst Nanci A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.1%

Purchase Details

Closed on
Jun 25, 1998
Sold by
Bray John Kelly
Bought by
Bray John Kelly and John Kelly Bray Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chih Julia Akman $890,000 Lawyers Title Company
Morshedian Farshideh -- North American Title
Morshedian Farshideh $617,500 North American Title
Miller Matthew M -- Southland Title
Miller Matthew M $575,000 Southland Title
Sandefur Joel B $459,000 Equity Title Company
Herbst Nanci A $355,000 Equity Title
Bray John Kelly -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chih Julia Akman $700,000
Previous Owner Morshedian Farshideh $494,000
Previous Owner Miller Matthew M $400,000
Previous Owner Sandefur Joel B $75,000
Previous Owner Sandefur Joel B $322,700
Previous Owner Herbst Nanci A $300,700
Previous Owner Herbst Nanci A $98,300
Previous Owner Herbst Nanci A $284,000
Previous Owner Bray John Kelly $176,000
Closed Herbst Nanci A $50,000
Closed Sandefur Joel B $44,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $890,000 +3.6% $618 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $859,000 +39.1% $597 / Sq Ft
05/16/2014 05/16/14 Sold $617,500 -4.3% $439 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $645,000 0.0% $458 / Sq Ft
02/07/2012 02/07/12 Rented $2,600 -- --
02/06/2012 02/06/12 Under Contract -- -- --
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 $10,389 $944,473 $720,771 $223,702
2024 $10,389 $925,955 $706,639 $219,316
2023 $10,299 $907,800 $692,784 $215,016
2022 $9,937 $890,000 $679,200 $210,800
2021 $7,681 $699,319 $505,776 $193,543
2020 $7,368 $692,149 $500,590 $191,559
2019 $7,388 $678,578 $490,775 $187,803
2018 $7,563 $665,273 $481,152 $184,121
2016 $7,319 $639,441 $462,469 $176,972
2015 $7,238 $629,837 $455,523 $174,314
2014 $5,688 $493,000 $355,000 $138,000
Source: Public Records

Agents Affiliated with this Home

  • Kathy Gibson

    Seller's Agent in 2021

    Kathy Gibson

    COMPASS

    (626) 639-1673

    5 in this area

    63 Total Sales

    Section Image
  • Arbi Derian

    Buyer's Agent in 2021

    Arbi Derian

    COMPASS

    (626) 487-4410

    1 in this area

    43 Total Sales

    Section Image

  • B

    Seller's Agent in 2014

    Barbara Kightlinger

    No Firm Affiliation

  • B

    Buyer's Agent in 2014

    Bruce McPherson

    Sotheby's International Realty

  • LEE CUELLAR

    Buyer's Agent in 2012

    LEE CUELLAR

    Keller Williams Realty

    (310) 980-1545

    4 in this area

    29 Total Sales

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-5043

Pasadena-Foothills Association of REALTORS®

APN: 5734-004-055

California Los Angeles County Pasadena 91101 Madison Heights

500 E Del Mar Blvd Unit 9, Pasadena, CA

This home is located at 500 E Del Mar Blvd Unit 9, Pasadena, CA 91101 since 03 June 2021 and is currently estimated at $972,548, approximately $675 per square foot. This property was built in 1984. 500 E Del Mar Blvd Unit 9 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.

Pasadena-Foothills Association of REALTORS® 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.

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