$705,000
SOLD MAR 24, 2025

500 S Oak Knoll Ave Unit 48 Pasadena, CA 91101

Madison Heights Neighborhood
2 Beds
2 Baths
1,168 Sq Ft
$475/mo HOA Fee

Recently Sold

$604 Per Sq Ft

2% Above List Price

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • View of Trees or Woods
  • Contemporary Architecture
  • Blair High School Rated A-
  • 0.99 Acre Lot
  • Wood Flooring

About This Home

As of March 2025

Welcome to Parkwood Condominiums - close to desirable South Lake Ave! This top-floor unit offers the perfect blend of comfort, style, and privacy. The combination of natural light from both east and west-facing windows, along with the thoughtful upgrades like quartz counters in the kitchen and baths, really makes the unit feel fresh and modern. Added features like parquet floors, crown moldings, and a wet bar add a sense of luxury. A private east-facing balcony off the living room provides a perfect little outdoor escape. Wake up each morning to serene treetop views from the primary and secondary bedrooms – so peaceful. The hallway bath, in addition to new quartz counter tops, has a newly tiled floor. The hallway has been upgraded with decorative beadboard. This unit has been freshly painted and is move-in ready! The complex courtyard features lush landscaping, including mature trees and relaxing koi pond – a nice touch of nature. The unit comes with 1 subterranean parking space and one storage locker. Conveniently located to shopping and restaurants on South Lake as well as Cal Tech University.

Last Agent to Sell the Property

Pamela Rose

Engel & Völkers San Marino Brokerage Phone: 626-833-2031 License #01280496 Listed on: 02/13/2025

Engel & Völkers San Marino

Co-Listed By

Cheryl Allen

Engel & Völkers San Marino Brokerage Phone: 626-833-2031 License #01315712

Last Buyer's Agent

Joan Bang

COMPASS License #01747112

COMPASS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,919

Year Built

  • Built in 1973

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Controlled Entrance
  • Community Parking Structure

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Turnkey
  • Wood Product Walls

Interior Spaces

  • 1,168 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Living Room Balcony
  • Dining Room
  • Views of Woods
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Oven
  • Quartz Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Quartz Bathroom Countertops
  • Bathtub with Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Home Security

Additional Features

  • Patio
  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 23724
  • Assessor Parcel Number 5734029069

Community Details

Overview

  • 48 Units
  • Parkwood Condo Association, Phone Number (626) 400-6222
  • Cardinal Real Estate HOA
  • Maintained Community

Amenities

  • Laundry Facilities
  • Community Storage Space

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,919

Year Built

Built in 1973

Lot Details

0

HOA Fees

$475 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: PSR4
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5734029069
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1168.00 Square Feet
  • Interior Amenities: Living Room Balcony, Quartz Counters, Wet Bar, Wood Product Walls
  • Stories: 1
  • Entry Location: front
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 603.60
  • Room Type: Kitchen, Primary Suite
  • Bathroom Features: Shower In Tub, Exhaust Fan(s), Linen Closet/Storage, Quartz Counters
  • Room Kitchen Features: Quartz Counters

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Community Structure, Controlled Entrance
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Electric Oven
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Earthquake Insurance, Maintenance Grounds, Trash, Sewer, Water
  • Association Fee: 475.00
  • Association Fee Frequency: Monthly
  • Association Name: Parkwood Condo
  • Phone: 626-400-6222
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Cardinal Real Estate

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 43146.00
  • Lot Size Acres: 0.9905

Multi Family

  • Lease Considered: No
  • Lot Size Area: 43146.0000 Square Feet
  • Number Of Units In Community: 48
  • Number Of Units Total: 1

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2025
Closed on
Feb 21, 2025
Sold by
Bianco Trust and Bianco Domenic
Bought by
Peterson Lisa G and Peterson Jonathan S
Seller's Agent
Pamela Rose
Engel & Völkers San Marino
Buyer's Agent
Joan Bang
COMPASS
List Price
$688,000
Sold Price
$705,000
Premium/Discount to List
$17,000
2.47%
Views
29
Current Estimated Value
$710,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,288
Avg. Annual Appreciation
1.63%
Original Mortgage
$425,000
Outstanding Balance
$423,199
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$287,169

Purchase Details

Closed on
Jun 20, 2023
Sold by
Bianco Domenic and Bianco Kathleen
Bought by
Bianco Trust

Purchase Details

Listed on
Nov 5, 2020
Closed on
Nov 18, 2020
Sold by
Buchanan Margrietha
Bought by
Bianco Domenic and Bianco Kathleen
Seller's Agent
Jules Ibrao
COMPASS
Buyer's Agent
Pamela Rose
Engel & Völkers San Marino
List Price
$569,000
Sold Price
$569,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$426,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2010
Sold by
Essertier William
Bought by
Buchanan Margrietha

Purchase Details

Closed on
Nov 4, 2004
Sold by
Pansini Cristina Maha
Bought by
Buchanan Margrietha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2002
Sold by
Hoffer Benavente Amy Elizabeth
Bought by
Pansini Cristina Malia

Purchase Details

Closed on
Jan 7, 2000
Sold by
Nasser Rima I
Bought by
Nasser Issam H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
7.87%
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 Type Sale Price Title Company
Grant Deed $705,000 Chicago Title Company
Deed -- None Listed On Document
Grant Deed $569,000 Lawyers Title
Grant Deed -- Accommodation
Grant Deed $369,000 Equity Title
Grant Deed $237,000 Equity Title
Interfamily Deed Transfer -- First American Title Co
Grant Deed $130,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $425,000 New Conventional
Previous Owner $426,750 New Conventional
Previous Owner $378,036 New Conventional
Previous Owner $385,000 New Conventional
Previous Owner $286,000 New Conventional
Previous Owner $119,000 Credit Line Revolving
Previous Owner $62,100 Credit Line Revolving
Previous Owner $295,200 Purchase Money Mortgage
Previous Owner $123,500 No Value Available
Closed $36,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Sold $705,000 +2.5% $604 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
02/13/2025 02/13/25 For Sale $688,000 +20.9% $589 / Sq Ft
12/23/2020 12/23/20 Sold $569,000 0.0% $487 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $569,000 -- $487 / 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 $6,919 $615,902 $444,121 $171,781
2024 $6,919 $603,826 $435,413 $168,413
2023 $6,859 $591,987 $426,876 $165,111
2022 $6,621 $580,380 $418,506 $161,874
2021 $6,349 $569,000 $410,300 $158,700
2020 $4,447 $410,709 $293,625 $117,084
2019 $4,457 $402,657 $287,868 $114,789
2018 $4,553 $394,763 $282,224 $112,539
2016 $4,395 $379,436 $271,266 $108,170
2015 $4,346 $373,738 $267,192 $106,546
2014 $4,256 $366,418 $261,959 $104,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25029563

California Regional Multiple Listing Service (CRMLS)

APN: 5734-029-069