NOT LISTED FOR SALE

550 Garfield Ave South Pasadena, CA 91030

Estimated Value: $1,323,000 - $1,458,908

3 Beds
2.5 Baths
1,917 Sq Ft
$732/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $1,350,000 $704 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,699/month

11 Days on Market

Highlights

  • Heated In Ground Pool
  • 3.53 Acre Lot
  • Wood Flooring
  • Blair High School Rated A-
  • Clubhouse
  • Spanish Architecture

About This Home

As of May 2022

Located in the coveted South Pasadena School District, this tastefully updated town home is move-in ready and located in the meticulously landscaped Fransciscan Woods Community, less than a block away from Garfield Park and near Marengo Elementary School. This townhome features many elegant upgrades, including custom-made kitchen countertops with an oversized center island, beautiful Italian marble backsplash tiles, recessed lighting throughout, high end fixtures, modern cabinets, plantation shutters, stainless steel appliances and plenty of built in storage. Come home to luxurious finishes such as the marble entry and fireplace and an extra large, open floor plan living area - perfect for entertaining. The exquisitely designed patio features modern Italian floor tiles, and a tastefully designed seating area in a Zen-like setting; perfect for gardening small plants or Al Fresco dining. The master bedroom features double entry doors, is very spacious with an area for extra seating, and has extra closet space. All three bathrooms have been renovated. You'll love all the beautiful vanities and fully updated master shower. This home also features a den/ office room which can be used as a 3rd bedroom. The garage contains plenty of extra storage and is EV charger ready with a 220v outlet. This is one of the largest floor plans in the highly desirable community, which features lush landscaping throughout and an extra large, heated pool; perfect for larger gatherings for family and friends. Make this your dream home today! Offer Due date April 9th 4:00PM.

Last Agent to Sell the Property

Jisun Park

Dream Realty & Investments Inc License #02074139 Listed on: 03/31/2022

Dream Realty & Investments Inc

Last Buyer's Agent

Janici Pan

JPAN REALTY License #01405599

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $17,195

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 3.53

HOA Fees

  • $495 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Guest Parking

Home Design

  • Spanish Architecture
  • Turnkey

Interior Spaces

  • 1,917 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Plantation Shutters
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Gas and Electric Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Ceramic Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5324-019-037

Community Details

Overview

  • Association fees include trash, sewer
  • 46 Units
  • Beven And Brock Association

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$17,195

Year Built

Built in 1975 | Remodeled

Lot Details

0

HOA Fees

$495 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Spanish
  • Street Number Display: Yes
  • Complex Name: Franciscan Wood HOA
  • Entry Floor: 1
  • Living Area: 1917
  • Lot Acreage: 3.5327
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 1975
  • Builders Tract Name: TYPE UNKNOWN
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Living Room Balcony, Turnkey
  • Fireplace Rooms: Gas Starter, Living Room
  • Flooring: Wood
  • Appliances: Microwave, Gas/Electric Range
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, In Kitchen, Kitchen Island, Breakfast Counter / Bar
  • Kitchen Features: Ceramic Counters, Island, Pantry, Counter Top
  • Laundry: Laundry Area, Inside
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Range/Oven, Microwave, Washer, Water Line to Refrigerator, Refrigerator, Garbage Disposal, Gas Dryer Hookup, Ceiling Fan
  • Fireplace: Yes
  • Price Per S Q F T: 640.58
  • Windows: Plantation Shutters

Exterior Features

  • Pool Description: Fenced, Heated, In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Garage, Garage - 2 Car, Attached, Built-In Storage, Garage Is Attached
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Amenities: Clubhouse, Pool, Guest Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Sewer
  • HOA Fees: 495.00
  • Management Company: Beven and Brock
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5324-019-037
  • Lot Size Area: 153883

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2016
Closed on
Jul 20, 2016
Sold by
Wu Xiaofeng
Bought by
Kao Leo P and Park Jisun
Seller's Agent
Sheila Ting
RE/MAX PREMIER/SANMARINO
Buyer's Agent
Connie kao
REGION 1 REALTY
List Price
$749,000
Sold Price
$783,000
Premium/Discount to List
$34,000
4.54%
Current Estimated Value
$1,402,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$619,977
Avg. Annual Appreciation
6.76%
Original Mortgage
$518,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 26, 2015
Closed on
Sep 14, 2015
Sold by
Chang Liwang
Bought by
Wu Xiaofeng and Kou Rong
Seller's Agent
Carol Majors
Coldwell Banker Realty
List Price
$725,000
Sold Price
$710,000
Premium/Discount to List
-$15,000
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.68%
Original Mortgage
$497,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2011
Sold by
Mercurio Gloria and The Mercurio Trust
Bought by
Chang Liwang and Ren Ti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2006
Sold by
Mercurio Gloria
Bought by
Mercurio Gloria and Mercurio Trust
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
Kao Leo P $783,000 Fidelity Sherman Oaks
Wu Xiaofeng $710,000 Lawyers Title
Chang Liwang $570,000 Lawyers Title Company
Mercurio Gloria -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kao Leo P $477,000
Closed Kao Leo P $480,000
Closed Kao Leo P $518,000
Previous Owner Wu Xiaofeng $497,000
Previous Owner Chang Liwang $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2022 05/05/22 Sold $1,350,000 +9.9% $704 / Sq Ft
04/19/2022 04/19/22 For Sale $1,228,000 0.0% $641 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/08/2022 04/08/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $1,228,000 +56.8% $641 / Sq Ft
08/23/2016 08/23/16 Sold $783,000 +4.5% $408 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
07/02/2016 07/02/16 For Sale $749,000 +5.5% $391 / Sq Ft
10/27/2015 10/27/15 Sold $710,000 -2.1% $370 / Sq Ft
09/10/2015 09/10/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $725,000 -- $378 / Sq Ft
Source: The MLS

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
2024 $17,195 $1,404,540 $572,220 $832,320
2023 $16,825 $1,377,000 $561,000 $816,000
2022 $10,661 $856,323 $615,284 $241,039
2021 $10,465 $839,533 $603,220 $236,313
2019 $10,153 $814,633 $585,329 $229,304
2018 $9,917 $798,660 $573,852 $224,808
2016 $8,540 $710,000 $493,600 $216,400
2015 $7,252 $595,707 $401,110 $194,597
2014 $7,155 $584,039 $393,253 $190,786
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-141841

The MLS

APN: 5324-019-037