NOT LISTED FOR SALE

500 S Oak Knoll Ave Unit 19 Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $688,000 - $748,920

2 Beds
2 Baths
1,180 Sq Ft
$425/mo HOA Fee

Last Sold March 02, 2022

Last sale price $640,000 $542 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,930/month

10 Days on Market

Highlights

  • 0.99 Acre Lot
  • Deck
  • Patio
  • Blair High School Rated A-
  • Wood Flooring
  • Living Room

About This Home

As of March 2022

This lovely home in Parkwood Condos located in quiet neighborhood is good for homeowner or investor. Very close to CalTech and multiple companies on Lake ave. Pasadena always has need for rentals: employers transferring employees, CalTech & Art Center grad students or visiting profs. This bright & cheerful unit well located within building complex offering comfort & space: Large living room & dining area for gatherings or entertaining. Spacious balcony/patio is accessible from both Living room & Master bedroom, ideally for relaxing or al fresco dining! This unit features 2 bedrooms and one 3/4 bath and a full bathroom. The master suite is equipped with 3/4 bath & entire wall of closets. Good size kitchen features dishwasher, refrigerator, range, microwave oven & garbage disposal. There is room for small breakfast table! newer wood floor and tile floor through-out the house. This unit offers ample storage & closet space. Additional storage closet outside of the unit. 2 Laundry rooms in common area on 3rd level and 1st level. Central garden, oasis of tranquility, with Japanese bridge & Koi pond. HOA covers earthquake insurance, general building insurance, water, hot water, trash common area maintenance etc. Subterranean garage with 2 tandem parking spaces.

Last Agent to Sell the Property

Autumn Yuan

Re/Max Premier Prop Arcadia License #01801341 Listed on: 01/22/2022

Re/Max Premier Prop Arcadia

Last Buyer's Agent

Nancy DuShane-Bank

RE/MAX New Dimension License #01134869

RE/MAX New Dimension

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,522

Year Built

  • Built in 1973

Lot Details

  • 0.99

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,180 Sq Ft Home
  • Living Room
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 23724
  • Assessor Parcel Number 5734029040
  • $282 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 48 Units
  • The Parkwood Townhomes Homeowners Association Pasa Association, Phone Number (626) 400-6222
  • Alex Samarzich HOA
  • Maintained Community

Amenities

  • Picnic Area
  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,522

Year Built

Built in 1973

Lot Details

0

HOA Fees

$425 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: PSR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5734029040
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1180.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 542.37
  • Room Type: Living Room, Master Bedroom
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Other

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Disposal, Refrigerator
  • Heating Type: Electric, Forced Air
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Storage, Earthquake Insurance, Maintenance Grounds, Trash, Water, Maintenance Front Yard
  • Association Fee: 425.00
  • Association Fee Frequency: Monthly
  • Association Name: The Parkwood Townhomes Homeowners Association Pasa
  • Phone: 626-400-6222
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Alex Samarzich

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 43132.00
  • Lot Size Acres: 0.9902

Multi Family

  • Lease Considered: No
  • Lot Size Area: 43132.0000 Square Feet
  • Number Of Units In Community: 48
  • Number Of Units Total: 48

Tax Info

  • Tax Census Tract: 4636.01
  • Tax Lot: 1
  • Tax Tract Number: 23724
  • TaxOtherAnnualAssessmentAmount: 282.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2021
Sold by
Chen Heng and Wang Xuanyun
Bought by
Chen Hing and Heng Chen Revocable Trust
Current Estimated Value
$727,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Outstanding Balance
$170,736
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$569,493

Purchase Details

Listed on
Oct 16, 2012
Closed on
Dec 4, 2012
Sold by
Talbert Richard J A and Talbert Zandra A
Bought by
Chen Heng and Wang Xuanyu
Seller's Agent
Robertine Weise
Coldwell Banker Realty
Buyer's Agent
Autumn Yuan
Re/Max Premier Prop Arcadia
List Price
$379,000
Sold Price
$358,000
Premium/Discount to List
-$21,000
-5.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$268,500
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2001
Sold by
Wong William Ieng
Bought by
Talbert Richard J A

Purchase Details

Closed on
Mar 7, 1994
Sold by
Blackburn Kathleen N
Bought by
Wong William Ieng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.15%
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 Hing -- None Available
Chen Heng $358,000 Fidelity National Title Co
Talbert Richard J A $212,000 First American Title Co
Wong William Ieng $143,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Heng $229,000
Closed Chen Heng $268,500
Previous Owner Wong William Ieng $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $640,000 +6.7% $542 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/22/2022 01/22/22 For Sale $599,900 0.0% $508 / Sq Ft
09/14/2020 09/14/20 Rented $2,250 0.0% --
08/30/2020 08/30/20 Price Changed $2,250 -9.6% $2 / Sq Ft
08/11/2020 08/11/20 Price Changed $2,490 -3.5% $2 / Sq Ft
07/28/2020 07/28/20 Price Changed $2,580 0.0% $2 / Sq Ft
07/28/2020 07/28/20 For Rent $2,580 -2.6% --
07/24/2020 07/24/20 Off Market $2,650 -- --
07/09/2020 07/09/20 For Rent $2,650 0.0% --
01/21/2013 01/21/13 Sold $358,000 -5.5% $303 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
10/16/2012 10/16/12 For Sale $379,000 -- $321 / 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 $7,522 $679,171 $473,192 $205,979
2024 $7,522 $665,855 $463,914 $201,941
2023 $7,456 $652,800 $454,818 $197,982
2022 $4,747 $415,416 $263,175 $152,241
2021 $4,551 $407,271 $258,015 $149,256
2020 $4,369 $403,096 $255,370 $147,726
2019 $4,379 $395,193 $250,363 $144,830
2018 $4,473 $387,445 $245,454 $141,991
2016 $4,317 $372,402 $235,924 $136,478
2015 $4,268 $366,809 $232,381 $134,428
2014 $4,181 $359,624 $227,829 $131,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22010222

California Regional Multiple Listing Service (CRMLS)

APN: 5734-029-040