NOT LISTED FOR SALE

555 N Summit Ave Pasadena, CA 91103

Northwest Pasadena Neighborhood

Estimated Value: $1,207,495 - $1,398,000

6 Beds
2 Baths
2,052 Sq Ft
$616/Sq Ft Est. Value

Sale Details

Date Sold: October 22, 2018

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

Est. 36% increase in value since last sale

Current estimated payment $7,620 / mo

8 Days on Market

Highlights

  • Contemporary Architecture
  • Converted Garage
  • Crown Molding
  • Wood Flooring
  • Side by Side Parking
  • Living Room

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

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 closet

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

Year Built

Built in 1997 | Remodeled

Lot Details

5,011 Sq Ft Lot

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
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Oct 10, 2018
Sold by
Bought by
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
$1,226,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,873
Avg. Annual Appreciation
4.50%

Purchase Details

Closed on
Aug 1, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 16, 2006
Sold by
Bought by

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
0.014%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2004
Sold by
Bought by

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
0.0599%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 1998
Sold by
Bought by

Purchase Details

Closed on
May 7, 1997
Sold by
Bought by

Purchase Details

Closed on
Jan 6, 1997
Sold by
Bought by

Purchase Details

Closed on
Dec 6, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Lawyers Title
$900,000 Lawyers Title
-- None Available
-- Old Republic Title Company
-- --
$199,000 United Title Company
-- --
$37,000 Old Republic Title Company
$19,049 American Title Ins Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $546,000
Closed $62,000
Closed $280,000
Closed $235,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,922 $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

    12 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

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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