NOT LISTED FOR SALE

555 N Summit Ave Pasadena, CA 91103

Northwest Pasadena Neighborhood

Estimated Value: $1,210,097 - $1,466,000

6 Beds
2 Baths
2,052 Sq Ft
$625/Sq Ft Est. Value

Last Sold October 22, 2018

Last sale price $900,000 $439 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,881/month

8 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Side by Side Parking
  • John Muir High School Rated A-
  • Converted Garage
  • Crown Molding

About This Home

As of October 2018

557 & 559 N. Summit AveFantastic Contemporary Duplex!This wonderful duplex will warm your heart! The spaces have three bedrooms, one bath, plus laundry areas. The units have the same layout but each have their own unique touch. Top unit has a large window that creates a bright lovely open space. The ground-level unit has been remodeled with crown molding and a newer kitchen. Each unit comes with wood-type flooring, two-car garage and both share the garden front lawn. Built in 1997, this is the perfect live and earn income opportunity or the perfect group compound. Close to Old Pasadena and the Rose Bowl. A must see!

Last Agent to Sell the Property

Gretchen Palmer

COMPASS License #01707834 Listed on: 09/12/2018

COMPASS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,332

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • 5,011 Sq Ft Lot
  • East Facing Home
  • Front Yard
  • Land Lease

Parking

  • 2 Car Garage
  • Converted Garage
  • Parking Available
  • Side by Side Parking
  • Single Garage Door
  • Driveway
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Living Room
  • Laundry Room

Flooring

  • Wood
  • Laminate

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 5725007004

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,332

Year Built

Built in 1997 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: PSR1
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5725007004
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Crown Molding
  • Stories: 2
  • Entry Location: Ground Level - No Steps, Living Room, Top Level
  • Flooring: Laminate, Wood
  • Levels: Two
  • Room Type: Living Room

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Converted Garage, Driveway, Garage, Garage - Single Door, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, In Closet, Inside

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: Yes
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5011.00
  • Lot Size Acres: 0.1200

Multi Family

  • Lot Size Area: 5011.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Oct 10, 2018
Sold by
Ayon Maria R and Simons Josefa
Bought by
Cui Jin Yan
Seller's Agent
Gretchen Palmer
COMPASS
List Price
$857,000
Sold Price
$900,000
Premium/Discount to List
$43,000
5.02%
Current Estimated Value
$1,283,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,024
Avg. Annual Appreciation
5.31%

Purchase Details

Closed on
Aug 1, 2007
Sold by
Ayon Maria R
Bought by
Ayon Maria R and Simons Josefa

Purchase Details

Closed on
Nov 16, 2006
Sold by
Ayon Maria R
Bought by
Ayon Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,000
Interest Rate
1.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2004
Sold by
Molina Juan C
Bought by
Ayon Maria R and Molina Juan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 1998
Sold by
Corona Marie
Bought by
Molina Juan C and Simons Josefa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,354
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 1997
Sold by
Corona Carlos
Bought by
Corona Marie

Purchase Details

Closed on
Jan 6, 1997
Sold by
Padovich Kent
Bought by
Corona Carlos and Corona Maria

Purchase Details

Closed on
Dec 6, 1996
Sold by
Hospodar Michael J
Bought by
Padovich Kent and Padovich Patricia
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
Cui Jin Yan $900,000 Lawyers Title
Cui Jin Yan -- Lawyers Title
Ayon Maria R -- None Available
Ayon Maria R -- Old Republic Title Company
Ayon Maria R -- --
Molina Juan C $199,000 United Title Company
Corona Marie -- --
Corona Carlos $37,000 Old Republic Title Company
Padovich Kent $19,049 American Title Ins Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayon Maria R $546,000
Previous Owner Ayon Maria R $62,000
Previous Owner Ayon Maria R $280,000
Previous Owner Ayon Maria R $235,000
Previous Owner Molina Juan C $193,354
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2018 10/22/18 Sold $900,000 +5.0% $439 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $857,000 -- $418 / 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 $11,332 $1,003,962 $702,774 $301,188
2024 $11,332 $984,278 $688,995 $295,283
2023 $11,237 $964,980 $675,486 $289,494
2022 $10,848 $946,060 $662,242 $283,818
2021 $10,405 $927,510 $649,257 $278,253
2019 $10,014 $900,000 $630,000 $270,000
2018 $7,356 $625,477 $332,256 $293,221
2016 $7,111 $601,191 $319,355 $281,836
2015 $7,033 $592,161 $314,558 $277,603
2014 $6,892 $580,563 $308,397 $272,166
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Gretchen Palmer

    COMPASS

    (310) 874-6087

    20 Total Sales

    Gretchen Palmer
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-818004527

Pasadena-Foothills Association of REALTORS®

APN: 5725-007-004

California Los Angeles County Pasadena 91103 Northwest Pasadena

555 N Summit Ave, Pasadena, CA

This home is located at 555 N Summit Ave, Pasadena, CA 91103 since 12 September 2018 and is currently estimated at $1,283,024, approximately $625 per square foot. This property was built in 1997. 555 N Summit Ave is a home located in Los Angeles County with nearby schools including Octavia E. Butler Magnet, John Muir High School, and St. Andrew Elementary 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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