NOT LISTED FOR SALE

505 S Hudson Ave Unit 1 Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $936,911 - $1,226,000

2 Beds
2.5 Baths
1,556 Sq Ft
10,807 Sq Ft Lot

Highlights

  • Primary Bedroom Suite
  • Dual Staircase
  • Fireplace in Primary Bedroom
  • Open Floorplan
  • Mountain View
  • End Unit

About This Home

As of July 2021

This American Craftsman-style end unit townhome is located in the heart of Pasadena, within walking distance of multiple restaurants, shopping centers, gyms, and the California Institute of Technology. Right off of Lake Ave. and a quick drive to the 210 freeway, this home is in a prime location. Upon entering the home, you are greeted by a large, open area living room with a vaulted ceiling, newer hardwood floors, a gas fireplace and sliding glass doors to the porch. The open-concept kitchen and dining area have plenty of space and have newer granite countertops, ceramic Saltillo tile floors that lead to sliding glass doors to the back porch. The second floor has two master suites with vaulted ceilings and hardwood floors, both full master restrooms have double vanity sinks, tile floors and ample storage space. One master suite has a walk in closet as well as a shower bench. The laundry closet is conveniently located in the nearby hallway. A bonus room is located downstairs near the two-car individual garage on the ground floor and is great for an office, gym or storage. With only four units in this complex, this is an exclusive rental in the area that won't be on the market for long.

Last Agent to Rent the Property

Matthew Hsu

Imax Realty & Mortgage Inc. License #02073817 Listed on: 07/02/2021

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1996

Lot Details

  • End Unit
  • 1 Common Wall

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Interior Block Wall

Interior Spaces

  • 1,556 Sq Ft Home
  • Open Floorplan
  • Dual Staircase
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Bonus Room with Fireplace

Kitchen

  • Open to Family Room
  • Kitchen Island
  • Granite Countertops
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Rain Gutters
  • Central Air

Community Details

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • 4 Units

Listing and Financial Details

  • Security Deposit $3,300
  • Rent includes association dues, gardener
  • 12-Month Minimum Lease Term
  • Available 6/30/21
  • Tax Lot 1
  • Tax Tract Number 24391

Condo Details

Home Type

Condominium

Year Built

Built in 1996

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2021-06-30
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 3300
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Triplex
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1556.00 Square Feet
  • Interior Amenities: 2 Staircases, Block Walls, Granite Counters, Open Floorplan, Unfurnished
  • Common Walls: 1 Common Wall, End Unit
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Bonus Room, Kitchen, Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.25
  • Room Type: All Bedrooms Up, Bonus Room, Family Room, Formal Entry, Kitchen, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Front Yard
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10808.00
  • Lot Size Acres: 0.2481

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 10808.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Rent Includes: Association Dues, Gardener

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 24391

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2011
Sold by
Gibson James A
Bought by
Lee Chia Chen
Current Estimated Value
$1,082,978

Purchase Details

Closed on
Mar 2, 2006
Sold by
Smith Roger A and Smith Cathy A
Bought by
Gibson James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2003
Sold by
Smith Roger A and Smith Cathy A
Bought by
Smith Roger A

Purchase Details

Closed on
Jan 16, 1997
Sold by
Mjg Properties Ltd Llc
Bought by
Smith Roger A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Chia Chen $600,000 Chicago Title Company
Gibson James A $699,000 Chicago Title Co
Gibson James A -- Chicago Title Co
Smith Roger A -- --
Smith Roger A $260,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson James A $415,000
Previous Owner Smith Roger A $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2021 07/21/21 Rented $3,500 0.0% --
07/15/2021 07/15/21 Under Contract -- -- --
07/02/2021 07/02/21 For Rent $3,500 +9.4% --
11/21/2019 11/21/19 Rented $3,200 0.0% --
10/25/2019 10/25/19 Under Contract -- -- --
09/15/2019 09/15/19 For Rent $3,200 0.0% --
07/16/2019 07/16/19 Rented $3,200 0.0% --
06/24/2019 06/24/19 Under Contract -- -- --
06/10/2019 06/10/19 Price Changed $3,200 -3.0% $2 / Sq Ft
04/30/2019 04/30/19 For Rent $3,300 +24.5% --
05/29/2014 05/29/14 Rented $2,650 -1.9% --
05/29/2014 05/29/14 For Rent $2,700 -- --
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 $8,645 $768,692 $531,426 $237,266
2024 $8,645 $753,620 $521,006 $232,614
2023 $8,572 $738,844 $510,791 $228,053
2022 $8,275 $724,358 $500,776 $223,582
2021 $7,936 $710,156 $490,957 $219,199
2019 $7,637 $689,095 $476,396 $212,699
2018 $7,785 $675,584 $467,055 $208,529
2016 $7,536 $649,353 $448,920 $200,433
2015 $7,454 $639,600 $442,177 $197,423
2014 $7,296 $627,072 $433,516 $193,556
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2021

    Matthew Hsu

    Imax Realty & Mortgage Inc.

  • Helen Wong

    Seller's Agent in 2019

    Helen Wong

    Imax Realty & Mortgage Inc.

    (626) 715-8333

    30 Total Sales

    Helen Wong
    Section Image

  • K

    Seller Co-Listing Agent in 2019

    Ken Wan

    Imax Realty & Mortgage Inc.

    (909) 598-6887

    9 Total Sales

    Ken Wan
    Section Image

  • E

    Seller's Agent in 2014

    Eileen Tsou

    UNIVERSAL INVESTMENT CO.

    (626) 285-8488

    2 in this area

    12 Total Sales

    Eileen Tsou
    Section Image

  • J

    Buyer's Agent in 2014

    Jennifer Kelly

    Sotheby's International Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21142767

California Regional Multiple Listing Service (CRMLS)

APN: 5734-029-102

California Los Angeles County Pasadena 91101 Madison Heights

505 S Hudson Ave Unit 1, Pasadena, CA

Not Listed for Sale

Condos

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