NOT LISTED FOR SALE

Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $1,501,000 - $2,440,675

3 Beds
2.5 Baths
1,500 Sq Ft
$1,315/Sq Ft Est. Value

Highlights

  • Primary Bedroom Suite
  • Craftsman Architecture
  • Attic
  • Updated Kitchen
  • Deck
  • Granite Countertops

About This Home

As of April 2012

Rare opportunity to occupy this beautifully restored French Normandy 1920's townhome with 3 bedrooms, two of which are master suites, and 2 1/2 baths. Completely renovated throughout 2 years prior with high quality material, one of two attached homes, about 1500 sq. ft. each, in prime southwest Pasadena. Home has copper plumbing, hardwood floors, custom cabinetry, tankless water heater, stove, refrigerator, microwave, dishwasher, washer, dryer, etc. There is a basement, large attic with fold down ladder, breakfast nook in kitchen, laundry room, patio, porch and enclosed garage. It is adjacent to South Lake business district and ideal for home based business per Pasadena City requirements and Landlord's approval. Walk to Von's Pavilion, Fresh & Easy, Starbucks, Macy's, Pacific Sales, Walgreens, Corner Bakery, Trader Joe's, Break-thru & LA Fitness Clubs, Burger Continental, and Cal Tech.

Last Agent to Rent the Property

Peter Rapaelian

Castle Rock Realty License #00555237 Listed on: 03/12/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 7,529 Sq Ft Lot
  • Lot Dimensions are 60 x 125
  • East Facing Home
  • Landscaped
  • Rectangular Lot
  • Sprinklers Throughout Yard
  • Lawn

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • French Architecture
  • Additions or Alterations
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,500 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Blinds
  • Window Screens
  • Entryway
  • Living Room with Fireplace
  • Home Office
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Tile Bathroom Countertop
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Parking Available
  • Garage Door Opener
  • Parking Lot

Outdoor Features

  • Deck
  • Rain Gutters
  • Slab Porch or Patio

Additional Homes

  • Two Homes on a Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities

Community Details

  • Castle Rock Realty HOA
  • Laundry Facilities

Listing and Financial Details

  • Security Deposit $3,500
  • Rent includes gardener, water
  • Assessor Parcel Number 5734029007

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Rental Info

  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 3500
  • Total Move In Costs: 7200.00

Listing Details

  • Property Attached: Yes
  • Security: Fire and Smoke Detection System, Smoke Detector(s)
  • Architectural Style: Craftsman, French, Traditional
  • Property Condition: Additions/Alterations
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5734029007
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1500.00
  • Interior Amenities: Built-in Features, Crown Molding, Granite Counters, Pantry, Pull Down Stairs to Attic
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, In Kitchen
  • Fireplace Features: Living Room
  • Price Per Square Foot: 2.33
  • Room Type: All Bedrooms Up, Attic, Entry, Kitchen, Living Room, Master Bedroom, Master Suite, Office, Two Masters, Walk-In Closet, Walk-In Pantry
  • Window Features: Blinds, Screens
  • Bathroom Features: Granite Counters, Linen Closet/Storage, Tile Counters
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Other Structures: Two On A Lot
  • Exterior Features: Rain Gutters
  • Patio And Porch Features: Concrete, Deck, Patio Open, Porch, Slab
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete, Covered, Garage, Garage Door Opener, Parking Space

Utilities

  • Utilities: Underground Utilities
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Common Area, Dryer Included, Individual Room, Washer Included
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Management: Castle Rock Realty

Lot Info

  • Lot Features: Front Yard, Landscaped, Lawn, Rectangular Lot, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size: 60 x 125
  • Lot Size Sq Ft: 7529.00
  • Lot Size Acres: 0.1700

Multi Family

  • Insurance Water Furniture: Yes
  • Lot Size Area: 7529.0000 Square Feet
  • Management Co: Castle Rock Realty
  • Management Co Phone: (626) 792-2222
  • Rent Includes: Gardener, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2006
Sold by
Rapaelian Pierre K
Bought by
Rapaelian Pierre K
Current Estimated Value
$1,971,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$829,500
Outstanding Balance
$463,088
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$1,508,831

Purchase Details

Closed on
Apr 17, 2006
Sold by
Aja Leslie and The Aja Family Trust Bypass Tr
Bought by
Rapaelian Pierre K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$829,500
Outstanding Balance
$463,088
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$1,508,831

Purchase Details

Closed on
Oct 25, 2005
Sold by
Aja Leslie M
Bought by
Aja Leslie and The Aja Family Trust

Purchase Details

Closed on
Apr 22, 1998
Sold by
Verhalen Peter C and Verhalen Patricia T
Bought by
Aja Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 3, 1996
Sold by
Geras Russell A
Bought by
Verhalen Peter C and Verhalen Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,520
Interest Rate
4.25%
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
Rapaelian Pierre K -- Accommodation
Rapaelian Pierre K $1,185,000 Southland Title
Aja Leslie -- --
Aja Gilbert $140,500 First American Title Co
Verhalen Peter C $262,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rapaelian Pierre K $829,500
Previous Owner Aja Gilbert $80,000
Previous Owner Verhalen Peter C $209,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2012 04/27/12 Rented $3,500 -2.8% --
03/29/2012 03/29/12 Under Contract -- -- --
03/12/2012 03/12/12 For Rent $3,600 -- --
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 $18,189 $1,635,480 $1,366,579 $268,901
2024 $18,189 $1,603,413 $1,339,784 $263,629
2023 $18,038 $1,571,974 $1,313,514 $258,460
2022 $17,409 $1,541,152 $1,287,759 $253,393
2021 $16,692 $1,510,934 $1,262,509 $248,425
2019 $16,058 $1,466,120 $1,225,063 $241,057
2018 $16,416 $1,437,374 $1,201,043 $236,331
2016 $14,355 $1,242,700 $1,018,100 $224,600
2015 $12,091 $1,036,500 $849,200 $187,300
2014 $9,979 $850,400 $696,700 $153,700
Source: Public Records

Agents Affiliated with this Home

  • Peter Rapaelian

    Landlord's Agent in 2012

    Peter Rapaelian

    Castle Rock Realty

    (951) 313-1111

    Peter Rapaelian
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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-22162342

Pasadena-Foothills Association of REALTORS®

APN: 5734-029-007

California Los Angeles County Pasadena 91101

Madison Heights

Not Listed for Sale

Detached

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