NOT LISTED FOR SALE

581 Busch Place Pasadena, CA 91105

Lower Arroyo Neighborhood

Estimated Value: $3,063,000 - $3,436,000

3 Beds
3.5 Baths
2,861 Sq Ft
$1,130/Sq Ft Est. Value

Last Sold December 19, 2017

Last sale price $1,900,000 $664 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $18,873/month

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Bonus Room
  • Updated Kitchen
  • Main Floor Bedroom
  • Granite Countertops

About This Home

As of November 2018

NEW PRICE! Welcome to this charming Country French home located off the Arroyo on a serene cul de sac in prestigious South West Pasadena. The lovely home was designed by noted architect Roy Kelly. At the time, The home was featured in Architectural Digest in 1938 for its intricate design and detail and has been recently renovated carefully throughout. As you enter, a formal foyer welcomes you to this elegant home. The spacious living room which is surrounded by original French doors with a nicely appointed fireplace is a perfect space for your entertainment. The formal dining room with gleaming hardwood floors and a bay window opens to an updated kitchen with stainless steel appliances, granite counter tops and a breakfast area. There are also two patios off the kitchen and formal living room which add to the charm of the house. There are two master bedrooms, a newly added powder room and a cozy library/den complete the first floor. There is also a private master retreat on the second floor.The back yard with an expansive grassy area surrounded by mature trees is a peaceful oasis for your alfresco dinning.

Last Agent to Rent the Property

Shida Yazdizad-Adams

COMPASS License #01449722 Listed on: 07/02/2018

COMPASS

Last Renter's Agent

Greg Holcomb

Carolwood Estates License #01347788

Carolwood Estates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 0.27 Acre Lot
  • South Facing Home
  • Sprinkler System
  • Lawn
  • Back Yard
  • Property is zoned PSR4

Home Design

  • Raised Foundation

Interior Spaces

  • 2,861 Sq Ft Home
  • 2-Story Property
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Bay Window
  • French Doors
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Den
  • Library
  • Bonus Room
  • Storage
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Basement

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer

Parking

  • Garage
  • Parking Available
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener

Additional Features

  • Energy-Efficient HVAC
  • Open Patio
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $6,500
  • Rent includes gardener
  • Assessor Parcel Number 5718015047

Home Details

Home Type

Single Family

Year Built

Built in 1938 | Remodeled

Lot Details

0

Rental Info

  • Credit Check: Yes
  • Deposit Security: 6500
  • Pets Allowed: Call, Number Limit, Size Limit

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s)
  • Zoning: PSR4
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5718015047
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2861.00
  • Interior Amenities: Chair Railings, Crown Molding, Granite Counters, Pull Down Stairs to Attic, Storage, Wainscoting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Family Kitchen, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 2.27
  • Room Type: Basement, Bonus Room, Den, Entry, Library, Living Room, Main Floor Bedroom, Master Bedroom, Master Suite, Two Masters
  • Window Features: Bay Window(s)
  • Bathroom Features: Linen Closet/Storage
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Raised
  • Patio And Porch Features: Patio Open

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete, Garage - Single Door, Garage Door Opener, Side by Side

Utilities

  • Utilities: Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Range Hood, Refrigerator
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Dryer Included
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Green Features

  • Efficiency: HVAC

Lot Info

  • Lot Features: Back Yard, Lawn, Sprinkler System
  • Lot Size Sq Ft: 11673.00
  • Lot Size Acres: 0.2700

Multi Family

  • Lot Size Area: 11673.0000 Square Feet
  • Rent Includes: Gardener

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2017
Closed on
Nov 20, 2017
Sold by
Haus Enterprises Llc
Bought by
Tabandeh Raymond R and Shah Hosseini Maryam
Seller's Agent
Maureen Hollingsworth
Sotheby's International Realty
Buyer's Agent
Pratima Solanki
Sotheby's International Realty, Inc.
List Price
$2,000,000
Sold Price
$1,900,000
Premium/Discount to List
-$100,000
-5%
Current Estimated Value
$3,232,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,332,152
Avg. Annual Appreciation
6.82%
Original Mortgage
$1,520,000
Outstanding Balance
$1,239,263
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,992,889

Purchase Details

Closed on
Sep 29, 2017
Sold by
Bedell Richard Munro
Bought by
Bedell Carol Clarke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,520,000
Outstanding Balance
$1,239,263
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,992,889

Purchase Details

Closed on
Sep 25, 2017
Sold by
Kidde Andrew J
Bought by
Kidde Anne Meihaus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,520,000
Outstanding Balance
$1,239,263
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,992,889

Purchase Details

Closed on
Sep 22, 2017
Sold by
Kidde Anne Meihaus
Bought by
Haas Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,520,000
Outstanding Balance
$1,239,263
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,992,889

Purchase Details

Closed on
Aug 24, 2000
Sold by
Meihaus Mark
Bought by
Simpson Anne M and Willard Barbara M
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

Date Buyer Sale Price Title Company
Tabandeh Raymond R $1,900,000 Lawyers Title
Bedell Carol Clarke -- None Available
Kidde Anne Meihaus -- None Available
Haas Enterprises Llc -- None Available
Simpson Anne M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tabandeh Raymond R $1,520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2018 11/13/18 Rented $6,500 0.0% --
11/11/2018 11/11/18 Off Market $6,500 -- --
10/25/2018 10/25/18 Price Changed $6,500 -5.8% $2 / Sq Ft
09/11/2018 09/11/18 Price Changed $6,900 -4.2% $2 / Sq Ft
08/18/2018 08/18/18 Price Changed $7,200 -4.0% $3 / Sq Ft
08/08/2018 08/08/18 Price Changed $7,500 -3.8% $3 / Sq Ft
07/02/2018 07/02/18 For Rent $7,800 0.0% --
12/19/2017 12/19/17 Sold $1,900,000 -5.0% $664 / Sq Ft View Prior Sale
10/16/2017 10/16/17 For Sale $2,000,000 -- $699 / 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 $23,871 $2,161,869 $1,220,318 $941,551
2024 $23,871 $2,119,481 $1,196,391 $923,090
2023 $23,673 $2,077,924 $1,172,933 $904,991
2022 $22,844 $2,037,182 $1,149,935 $887,247
2021 $21,906 $1,997,238 $1,127,388 $869,850
2019 $21,072 $1,938,000 $1,093,950 $844,050
2018 $21,523 $1,900,000 $1,072,500 $827,500
2017 $3,054 $229,588 $101,589 $127,999
2016 $2,959 $225,088 $99,598 $125,490
2015 $2,927 $221,708 $98,102 $123,606
2014 $2,881 $217,366 $96,181 $121,185
Source: Public Records

Agents Affiliated with this Home

  • Shida Yazdizad-Adams

    Landlord's Agent in 2018

    Shida Yazdizad-Adams

    COMPASS

    (626) 429-3143

    1 in this area

    29 Total Sales

    Shida Yazdizad-Adams
    Section Image
  • Greg Holcomb

    Tenant's Agent in 2018

    Greg Holcomb

    Carolwood Estates

    (310) 435-3711

    2 in this area

    52 Total Sales

    Greg Holcomb
    Section Image
  • Cassandra Petersen

    Buyer Co-Listing Agent in 2018

    Cassandra Petersen

    Coldwell Banker Realty

    (617) 901-5835

    39 Total Sales

    Cassandra Petersen
    Section Image
  • Maureen Hollingsworth

    Seller's Agent in 2017

    Maureen Hollingsworth

    Sotheby's International Realty

    (626) 229-0909

    2 in this area

    15 Total Sales

    Maureen Hollingsworth
    Section Image

  • P

    Buyer's Agent in 2017

    Pratima Solanki

    Sotheby's International Realty, Inc.

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-818003249

Pasadena-Foothills Association of REALTORS®

APN: 5718-015-047

California Los Angeles County Pasadena 91105 Lower Arroyo

581 Busch Place, Pasadena, CA

Not Listed for Sale

Detached

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