NOT LISTED FOR SALE

Estimated Value: $1,462,000 - $2,107,011

6 Beds
4 Baths
4,291 Sq Ft
$431/Sq Ft Est. Value

Last Sold April 09, 2013

Last sale price $730,000 $170 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $10,565/month

77 Days on Market

Highlights

  • Cottage
  • Laundry Room
  • Central Heating
  • John Muir High School Rated A-

About This Home

As of April 2013

Property centrally located in Pasadena, walking distance to Rose Bowl and Brookside Golf Course, and minutes away from popular Old Town Pasadena. House sits on quiet tree lines street, friendly neighbors. Recently upgraded with hardwood flooring/slates, new roof shingles. Back unit is currently leased for nearly $3300 monthly and front unit could easily be lease for $2600-$2700/month. Seller with Ca real estate license. AS IS, buyer to get own Certificate of Occupancy

Last Agent to Sell the Property

Tiffany Truong

Caldwell Realty License #01354978 Listed on: 11/10/2012

Last Buyer's Agent

Tiffany Truong

Caldwell Realty License #01354978 Listed on: 11/10/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,493

Year Built

  • Built in 1913

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 57x240

Parking

  • 7 Parking Spaces

Home Design

  • 4,291 Sq Ft Home
  • Cottage
  • Stucco

Kitchen

  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Dryer

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 6
  • Assessor Parcel Number 5727008034

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $75
  • Insurance Expense $1,950
  • Trash Expense $25
  • Water Sewer Expense $150
  • New Taxes Expense $9,021
  • Gross Income $5,950
  • Net Operating Income $55,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,493

Year Built

Built in 1913

Lot Details

0

Listing Details

  • CapRate: 7.22
  • Water Sewer Expenses: 150.00
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Gardener Expense: 75.00
  • Parcel Number: 5727008034
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 170.12

Exterior Features

  • Construction Materials: Stucco

Garage/Parking

  • Total Parking Spaces: 7.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: Dryer Included
  • Trash Expense: 25.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 57x240
  • Lot Size Sq Ft: 13630.00
  • Lot Size Acres: 0.3130

Multi Family

  • Gross Income: 5950.00
  • Gross Multiplier: 10.76
  • Gross Scheduled Income: 71400.00
  • Insurance Expense: 1950.00
  • Net Operating Income: 55450.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 15950.00

Tax Info

  • New Taxes Expense: 9021.00
  • Tax Area: 7500
  • Tax Lot: 25
  • Tax Tract Number: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2012
Closed on
Mar 25, 2013
Sold by
Hoang Nam T and Brara Harsimran S
Bought by
Morsette Delmore
Seller's Agent
Tiffany Truong
Caldwell Realty
Buyer's Agent
Tiffany Truong
Caldwell Realty
List Price
$768,000
Sold Price
$730,000
Premium/Discount to List
-$38,000
-4.95%
Current Estimated Value
$1,851,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,121,503
Avg. Annual Appreciation
7.69%
Original Mortgage
$533,800
Outstanding Balance
$376,688
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$1,474,815

Purchase Details

Closed on
Dec 15, 2005
Sold by
Brara Sonu M
Bought by
Brara Harsimran S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 20, 2005
Sold by
Cox Larnell
Bought by
Hoang Nam T and Brara Harsimran S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 7, 1999
Sold by
Cox Larnell
Bought by
Cox James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,950
Interest Rate
4.9%
Source: Public Records

Range of Values:

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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
Morsette Delmore $730,000 Title 365
Brara Harsimran S -- First American Title Company
Hoang Nam T $700,000 First American Title Company
Cox James F -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morsette Delmore $533,800
Previous Owner Brara Harsimran S $560,000
Previous Owner Hoang Nam T $560,000
Previous Owner Cox James F $227,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2013 04/09/13 Sold $730,000 -4.9% $170 / Sq Ft
01/26/2013 01/26/13 Pending -- -- --
11/10/2012 11/10/12 For Sale $768,000 -- $179 / Sq Ft
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 $10,493 $898,931 $615,709 $283,222
2024 $10,493 $881,306 $603,637 $277,669
2023 $10,404 $864,026 $591,801 $272,225
2022 $10,052 $847,086 $580,198 $266,888
2021 $9,633 $830,477 $568,822 $261,655
2020 $9,258 $821,963 $562,990 $258,973
2019 $9,280 $805,847 $551,951 $253,896
2018 $9,319 $790,047 $541,129 $248,918
2016 $8,986 $759,370 $520,117 $239,253
2015 $8,887 $747,965 $512,305 $235,660
2014 $8,710 $733,314 $502,270 $231,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P840710

California Regional Multiple Listing Service (CRMLS)

APN: 5727-008-034