NOT LISTED FOR SALE

Estimated Value: $1,693,000 - $1,988,000

8 Beds
4 Baths
3,763 Sq Ft
$500/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $1,020,000 $271 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $10,929/month

48 Days on Market

Highlights

  • Contemporary Architecture
  • Double Door Entry
  • 4 Detached Carport Spaces
  • Herbert Hoover High School Rated A-
  • Laundry Room
  • 1-minute walk to Milford Mini Park

About This Home

As of February 2014

Excellent 4-unit Opportunity! Well located, attractive Fourplex, just west of Galleria on quiet street. Walk to nearby Milford Park. Perfect for Owner/User, with good upside rent potential. Front unit has double door entry, 2 brs, 2 full baths, master ste., formal dining room and fireplace. Two units are newly rehabbed with new carpet and paint. Unit mix is 2/2, 2/1, 1/1, 1/1. Four car carport in rear plus additional two parking spaces at front. Laundry room. Seller will provide a standard Sellers Addendum once an offer has been accepted.

Last Agent to Sell the Property

Donna Rue

Coldwell Banker Hallmark Realty License #00817503 Listed on: 01/09/2014

Last Buyer's Agent

Janet Stepanian

Coldwell Banker Hallmark Realty License #00974023

Coldwell Banker Hallmark Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,016

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Stucco

Interior Spaces

  • Double Door Entry
  • Living Room with Fireplace
  • Electric Cooktop

Flooring

  • Carpet
  • Laminate

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Leased Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • 4 Detached Carport Spaces
  • Parking Available

Additional Features

  • 6,016 Sq Ft Lot
  • Central Water Heater

Listing and Financial Details

  • Tenant pays for electricity, trash collection, gas
  • Assessor Parcel Number 5637013061

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $25
  • Water Sewer Expense $225

Additional Features

  • Not Applicable 1007242 Subdivision
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Inclusions: Per tenant Estoppel
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Subdivision Name Other: Not Applicable - 1007242
  • Water Sewer Expenses: 225.00
  • Zoning: GLR4YY
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 5637013061
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Door Features: Double Door Entry
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Room Type: Master Bedroom

Exterior Features

  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Appliances: Electric Cooktop, Water Heater Central
  • Laundry Features: Outside, Community

Lot Info

  • Lot Size Sq Ft: 6016.00

Rental Info

  • Tenant Pays: Electricity, Trash Collection, Gas

Multi Family

  • Electric Expense: 25.00
  • Laundry Equipment Own Lease: Lease
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2014
Closed on
Feb 26, 2014
Sold by
Hsbc Bank Usa National Association
Bought by
Minasian Caren and Tonoyan Lily
Seller's Agent
Donna Rue
Coldwell Banker Hallmark Realty
Buyer's Agent
Janet Stepanian
Coldwell Banker Hallmark Realty
List Price
$1,020,000
Sold Price
$1,020,000
Current Estimated Value
$1,883,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$863,000
Avg. Annual Appreciation
5.28%
Original Mortgage
$765,000
Outstanding Balance
$580,722
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$1,302,278

Purchase Details

Closed on
Nov 19, 2013
Sold by
Bryce Jefry
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Mar 19, 2011
Sold by
No Bong Man
Bought by
Milford Trust and Trust Holding Service Co

Purchase Details

Closed on
Jun 16, 2010
Sold by
Milford Trust
Bought by
No Bong Man

Purchase Details

Closed on
Jan 5, 2008
Sold by
Bryce Jefry
Bought by
Milford Trust

Purchase Details

Closed on
Jan 17, 2007
Sold by
Sargsyan Armen
Bought by
Bryce Jefry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,500
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2005
Sold by
Sargsyan Yvgenya G
Bought by
Sargsyan Armen

Purchase Details

Closed on
Sep 20, 2005
Sold by
Saunders Elmer E and Saunders John L
Bought by
Sargsyan Armen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Minasian Caren $1,020,000 Servicelink
Hsbc Bank Usa National Association $970,000 Accommodation
Milford Trust -- None Available
No Bong Man -- None Available
Milford Trust -- None Available
Bryce Jefry $1,190,000 Gateway Title
Sargsyan Armen -- Equity Title Company
Sargsyan Armen $969,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minasian Caren $765,000
Previous Owner Bryce Jefry $892,500
Previous Owner Sargsyan Armen $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold $1,020,000 0.0% $271 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $1,020,000 -- $271 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $13,692 $1,250,367 $760,029 $490,338
2024 $13,692 $1,225,851 $745,127 $480,724
2023 $13,382 $1,201,816 $730,517 $471,299
2022 $13,149 $1,178,252 $716,194 $462,058
2021 $12,914 $1,155,150 $702,151 $452,999
2019 $12,420 $1,120,890 $681,326 $439,564
2018 $12,172 $1,098,913 $667,967 $430,946
2016 $11,598 $1,056,243 $642,030 $414,213
2015 $11,361 $1,040,379 $632,387 $407,992
2014 $11,133 $1,000,000 $600,000 $400,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-213007039

Pasadena-Foothills Association of REALTORS®

APN: 5637-013-061