NOT LISTED FOR SALE

Estimated Value: $975,000 - $1,362,000

4 Beds
2 Baths
1,723 Sq Ft
$669/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $956,100 $555 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,527/month

Highlights

  • Craftsman Architecture
  • Mountain View
  • Two Homes on a Lot
  • John Muir High School Rated A-
  • Wood Flooring
  • Laundry Room

About This Home

As of June 2018

Welcome to the Raymond-Esther Landmark District right smack in the heart of Pasadena. This location over the years has been in preservation mode as you will find Pasadena classic homes restored and renovated. This circa 1914 Craftsman Bungalow is shared by 2 units with tons of original detail and upgrades for convenient living. Each unit features 2 bedrooms and 1 bathroom, hardwood flooring throughout, central AC/heat, tankless water heaters, renovated kitchens, and plenty of parking & outdoor living to escape the Urban Jungle. The attached units share one wall and both have gas burning fireplaces, a shared laundry area at the rear of the property and a full 2 car garage w/automatic gate entry. This ideal income property has been touched up over the years to highlight classic living in a modern world.

Last Agent to Sell the Property

Alexander Lozano

The Agency License #01848152 Listed on: 05/24/2018

The Agency

Co-Listed By

Autumn Davis

Berkshire Hathaway Home Services Golden Properties License #01438120

Last Buyer's Agent

Blake Hood

Compass License #01942790

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,678

Year Built

  • Built in 1914 | Remodeled

Lot Details

  • 5,351

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Craftsman Architecture
  • Property Attached
  • Frame Construction
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Gas Oven or Range
  • Range
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • 5,351 Sq Ft Lot
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 5725005017

Community Details

Building Details

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

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,678

Year Built

Built in 1914 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: PSR1
  • Architectural Style: Craftsman
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5725005017
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Fireplace Features: Gas, Living Room
  • Levels: One

Exterior Features

  • Other Structures: Two On A Lot
  • View: Mountain(s)
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Cooking, Range, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Community, Outside
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5351.00
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 862 Square Feet
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 5351.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Total Actual Rent: 2200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2023
Sold by
Gurgiolo Marc
Bought by
Marc Gurgiolo Living Trust and Gurgiolo
Current Estimated Value
$1,151,878

Purchase Details

Listed on
May 24, 2018
Closed on
Jun 15, 2018
Sold by
Larkin Reid Shelby Renee
Bought by
Reid Johnathan
Seller's Agent
Alexander Lozano
The Agency
Buyer's Agent
Blake Hood
Compass
List Price
$857,000
Sold Price
$956,100
Premium/Discount to List
$99,100
11.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.58%
Original Mortgage
$750,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 24, 2018
Closed on
Jun 7, 2018
Sold by
Reid Johnathan
Bought by
Gurgiolo Marc
Seller's Agent
Alexander Lozano
The Agency
Buyer's Agent
Blake Hood
Compass
List Price
$857,000
Sold Price
$956,100
Premium/Discount to List
$99,100
11.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2006
Sold by
Equity Trust Co
Bought by
Reid Johnathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2006
Sold by
Avanzado Melecio B
Bought by
Equity Trust Co and Vincent Ching Bing Chen Ira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 25, 1995
Sold by
Hernandez Samuel
Bought by
Hernandez Olivia Gutierrez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.62%

Purchase Details

Closed on
Jun 13, 1995
Sold by
Hernandez Olivia and Gutierrez Olivia
Bought by
Avanzado Melecio B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.62%
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
Marc Gurgiolo Living Trust -- None Listed On Document
Reid Johnathan -- First American Title
Gurgiolo Marc $965,500 First American Title Company
Reid Johnathan $630,000 Ticor Title Company
Equity Trust Co -- Ticor Title Co Glendale
Hernandez Olivia Gutierrez -- Stewart Title
Avanzado Melecio B $130,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gurgiolo Marc $714,000
Previous Owner Gurgiolo Marc $750,000
Previous Owner Reid Johnathan $504,000
Previous Owner Equity Trust Co $90,000
Previous Owner Avanzado Melecio B $325,000
Previous Owner Avanzado Melecio B $255,000
Previous Owner Avanzado Melecio B $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $956,100 +11.6% $555 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $857,000 -- $497 / 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 $4,678 $379,000 $227,400 $151,600
2024 $4,678 $379,000 $227,400 $151,600
2023 $4,996 $404,000 $242,400 $161,600
2022 $5,318 $425,000 $255,000 $170,000
2021 $5,024 $425,000 $255,000 $170,000
2019 $4,414 $372,000 $223,200 $148,800
2018 $4,869 $409,000 $245,400 $163,600
2016 $4,144 $344,000 $224,500 $119,500
2015 $4,234 $351,000 $227,900 $123,100
2014 $4,210 $349,000 $226,800 $122,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-818002468

Pasadena-Foothills Association of REALTORS®

APN: 5725-005-017