NOT LISTED FOR SALE

531 Arroyo Square South Pasadena, CA 91030

Estimated Value: $4,617,409 - $5,372,000

4 Beds
4.5 Baths
3,844 Sq Ft
$1,302/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $3,495,000 $909 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $29,515/month

9 Days on Market

Highlights

  • In Ground Pool
  • 0.36 Acre Lot
  • Fireplace
  • Arroyo Vista Elementary Rated A+
  • No HOA
  • Central Air

About This Home

As of July 2020

Charming Wallace Neff storybook home in the heart of South Pasadena! Located on a beautiful cul-de-sac, it features over 3800 square feet of living space. The unique character this home offers is further accentuated by the incredible landscaped grounds that feature ample space with a large pool and spa, barbecue bar, and an outdoor patio area with a stone fireplace. Dramatic indoor living elements blend with the amazing outdoor patios and lounges into a beautiful continuous space! This one of a kind home offers the highest levels of privacy and luxury.

Last Agent to Sell the Property

Mike Kobeissi

Kobeissi Properties Brokerage Email: mike@lacanada.com License #01011211 Listed on: 05/16/2020

Last Buyer's Agent

Tricia McMullan

Redfin Corporation License #01117104

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,232

Year Built

  • Built in 1926

Lot Details

  • 0.36 Acre Lot
  • Property is zoned SPR1E*

Parking

  • 2 Car Garage

Interior Spaces

  • 3,844 Sq Ft Home
  • 2-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5317044005

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,232

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: No
  • Zoning: SPR1E*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5317044005
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3844.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: Two
  • Price Per Square Foot: 909.21

Exterior Features

  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15694.00
  • Lot Size Acres: 0.3603

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15694.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2020
Closed on
Jun 30, 2020
Sold by
Martin Nicolas E and Martin Judy Huntington
Bought by
Frattali Daniel and The Mern Stern Trust
Seller's Agent
Mike Kobeissi
Kobeissi Properties
Buyer's Agent
Tricia McMullan
Redfin Corporation
List Price
$3,495,000
Sold Price
$3,495,000
Current Estimated Value
$4,676,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,181,829
Avg. Annual Appreciation
7.32%
Original Mortgage
$2,796,000
Outstanding Balance
$2,468,601
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$2,535,251

Purchase Details

Closed on
Mar 23, 2011
Sold by
Martin Nicholas E
Bought by
Martin Nicolas E and Martin Judy Huntington

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 1998
Sold by
Martin Nicolas
Bought by
Martin Nicholas E and Martin Judy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$711,000
Interest Rate
6.9%

Purchase Details

Closed on
Aug 14, 1996
Sold by
Martin Judy
Bought by
Martin Nicolas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
8.23%
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
Frattali Daniel $3,495,000 Lawyers Title
Martin Nicolas E -- Equity Title Orange County-I
Martin Nicholas E -- North American Title Co
Martin Nicolas E -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frattali Daniel $2,796,000
Previous Owner Martin Nicolas E $715,000
Previous Owner Martin Nicolas E $729,750
Previous Owner Martin Nicholas E $930,000
Previous Owner Martin Nicholas E $150,000
Previous Owner Martin Nicholas E $711,000
Previous Owner Martin Nicolas E $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $3,495,000 0.0% $909 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
05/16/2020 05/16/20 For Sale $3,495,000 -- $909 / Sq Ft
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 $44,232 $3,783,098 $2,105,654 $1,677,444
2024 $44,232 $3,708,920 $2,064,367 $1,644,553
2023 $43,284 $3,636,197 $2,023,890 $1,612,307
2022 $42,265 $3,564,900 $1,984,206 $1,580,694
2021 $41,531 $3,495,000 $1,945,300 $1,549,700
2020 $9,420 $726,980 $320,454 $406,526
2019 $9,277 $712,726 $314,171 $398,555
2018 $9,006 $698,752 $308,011 $390,741
2016 $8,326 $671,620 $296,051 $375,569
2015 $8,190 $661,533 $291,605 $369,928
2014 $8,086 $648,575 $285,893 $362,682
Source: Public Records

Agents Affiliated with this Home

  • Mike Kobeissi

    Seller's Agent in 2020

    Mike Kobeissi

    Kobeissi Properties

    (818) 725-1041

    68 Total Sales

    Section Image

  • T

    Buyer's Agent in 2020

    Tricia McMullan

    Redfin Corporation

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-820001745

Pasadena-Foothills Association of REALTORS®

APN: 5317-044-005

California Los Angeles County South Pasadena 91030

531 Arroyo Square, South Pasadena, CA

This home is located at 531 Arroyo Square, South Pasadena, CA 91030 since 16 May 2020 and is currently estimated at $5,003,852, approximately $1,301 per square foot. This property was built in 1926. 531 Arroyo Square is a home located in Los Angeles County with nearby schools including Arroyo Vista Elementary, South Pasadena Middle School, and South Pasadena High 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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