515 S Madison Ave Unit 2 Pasadena, CA 91101
Madison Heights NeighborhoodEstimated payment $5,908/month
Highlights
- Open Floorplan
- Wood Flooring
- Living Room with Attached Deck
- Craftsman Architecture
- Attic
- High Ceiling
About This Home
Discover timeless charm and modern comfort in this beautifully maintained 3-bedroom, 3-bath Craftsman-style townhouse tucked away on a peaceful street near South Lake Avenue in Pasadena. This move-in ready home features an open-concept floor plan with rich hardwood floors, recessed lighting, and high ceilings that create an inviting, spacious atmosphere. The living room offers a cozy fireplace, patio access, and elegant shutters, seamlessly flowing into the dining area and bright kitchen with stainless steel appliances, range with ventilation, and breakfast bar seating. Upstairs, you’ll find two generous master suites with vaulted ceilings, ceiling fans, and oversized walk-in closets, each with private baths and thoughtful design details. A convenient laundry area sits between the bedrooms for added ease. On the lower level, a versatile bonus room is adjacent to a utility/basement area currently utilized as storage, offering excellent potential to be converted into an extra bathroom. Additional highlights include central A/C, attic storage, and a direct-access oversized 2-car garage. Perfectly situated near the Playhouse District, South Lake, and Old Town Pasadena, this home blends classic craftsmanship, comfort, and convenience in a truly prime Pasadena location you won’t want to miss.
Listing Agent
CENTURY 21 CITRUS REALTY INC Brokerage Phone: 626-391-2149 License #01745013 Listed on: 10/15/2025
Property Details
Home Type
- Condominium
Year Built
- Built in 1987
Lot Details
- Two or More Common Walls
- Density is 6-10 Units/Acre
HOA Fees
- $660 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Two Garage Doors
- Off-Street Parking
Home Design
- Craftsman Architecture
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 1,373 Sq Ft Home
- 3-Story Property
- Open Floorplan
- High Ceiling
- Ceiling Fan
- Raised Hearth
- Gas Fireplace
- Shutters
- Blinds
- Sliding Doors
- Living Room with Fireplace
- Living Room with Attached Deck
- Utility Basement
- Attic
Kitchen
- Breakfast Bar
- Gas Cooktop
- Range Hood
- Dishwasher
- Tile Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Walk-In Closet
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
Outdoor Features
- Enclosed Patio or Porch
Schools
- Blair High School
Utilities
- Central Heating and Cooling System
- Septic Type Unknown
Community Details
- Master Insurance
- 8 Units
- 515 S Madison Association, Phone Number (626) 577-3060
- Cornerstone HOA
Listing and Financial Details
- Earthquake Insurance Required
- Tax Lot 1/2
- Tax Tract Number 463601
- Assessor Parcel Number 5734008042
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,986 | $804,440 | $614,767 | $189,673 |
| 2024 | $8,986 | $788,667 | $602,713 | $185,954 |
| 2023 | $8,910 | $773,204 | $590,896 | $182,308 |
| 2022 | $8,600 | $758,044 | $579,310 | $178,734 |
| 2021 | $8,247 | $743,181 | $567,951 | $175,230 |
| 2019 | $7,935 | $721,140 | $551,106 | $170,034 |
| 2018 | $6,551 | $573,320 | $426,194 | $147,126 |
| 2016 | $6,335 | $551,060 | $409,646 | $141,414 |
| 2015 | $6,265 | $542,783 | $403,493 | $139,290 |
| 2014 | $5,996 | $520,000 | $387,000 | $133,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/28/2025 10/28/25 | Price Changed | $869,000 | -2.2% | $633 / Sq Ft | |
| 10/15/2025 10/15/25 | For Sale | $889,000 | +25.7% | $647 / Sq Ft | |
| 06/11/2018 06/11/18 | Sold | $707,000 | +1.1% | $515 / Sq Ft | View Prior Sale |
| 06/04/2018 06/04/18 | Pending | -- | -- | -- | |
| 04/27/2018 04/27/18 | For Sale | $699,000 | -- | $509 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $707,000 | California Title Company | |
| Grant Deed | $585,000 | Equity Title Company | |
| Interfamily Deed Transfer | -- | Equity Title Company | |
| Individual Deed | $330,000 | Fidelity National Title | |
| Individual Deed | $256,000 | Chicago Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $650,440 | New Conventional | |
| Previous Owner | $468,000 | Purchase Money Mortgage | |
| Previous Owner | $308,000 | Purchase Money Mortgage | |
| Previous Owner | $264,000 | No Value Available | |
| Previous Owner | $230,400 | No Value Available | |
| Closed | $49,500 | No Value Available | |
| Closed | $30,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25230610
APN: 5734-008-042
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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