$1,900,000
SOLD DEC 19, 2017

581 Busch Place Pasadena, CA 91105

Lower Arroyo Neighborhood
3 Beds
3 Baths
2,861 Sq Ft
0.27 Acres

Recently Sold

$664 Per Sq Ft

5% Below List Price

63 Days on Market

Highlights

  • Maid or Guest Quarters
  • Wood Flooring
  • Family Room Off Kitchen
  • Blair High School Rated A-
  • No HOA
  • Library with Fireplace

About This Home

As of December 2017

Sophisticated Country French home designed by Roy Kelley in 1938. located above the Arroyo. Beautifully appointed. Fireplace in Living Room and Library. Downstairs Master Bedroom, elegant terraces off the kitchen & Living Room.

Last Agent to Sell the Property

Maureen Hollingsworth

Sotheby's International Realty License #00673955 Listed on: 10/16/2017

Sotheby's International Realty

Last Buyer's Agent

Pratima Solanki

Sotheby's International Realty, Inc. License #01998820

Sotheby's International Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,871

Year Built

  • Built in 1938

Lot Details

  • 0.27 Acre Lot
  • South Facing Home
  • Fenced
  • Level Lot
  • Property is zoned PSR4

Parking

  • 2 Car Garage

Interior Spaces

  • 2,861 Sq Ft Home
  • 2-Story Property
  • French Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Library with Fireplace
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5718015047

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,871

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • View: No
  • Zoning: PSR4
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5718015047
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2861.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Family Kitchen
  • Fireplace Features: Library, Living Room
  • Levels: One, Two
  • Price Per Square Foot: 664.10
  • Room Type: Basement, Primary Bedroom, Living Room, Library, Guest/Maid's Quarters, Family Room

Exterior Features

  • Direction Faces: South
  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central, Natural Gas
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 11673.00
  • Lot Size Acres: 0.2680

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11673.0000 Square Feet

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
$3,205,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,305,603
Avg. Annual Appreciation
7.10%
Original Mortgage
$1,520,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

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:

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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 Type Sale Price Title Company
Grant Deed $1,900,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,520,000 New Conventional
Closed $1,520,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

    Seller'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

    Buyer's Agent in 2018

    Greg Holcomb

    Carolwood Estates

    (310) 435-3711

    2 in this area

    55 Total Sales

    Greg Holcomb
    Section Image
  • Cassandra Petersen

    Buyer Co-Listing Agent in 2018

    Cassandra Petersen

    Coldwell Banker Realty

    (617) 901-5835

    42 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

    21 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: P0-817002347

Pasadena-Foothills Association of REALTORS®

APN: 5718-015-047

California Los Angeles County Pasadena 91105 Lower Arroyo

581 Busch Place, Pasadena, CA

This home is located at 581 Busch Place, Pasadena, CA 91105 and is currently priced at $1,900,000, approximately $664 per square foot. This property was built in 1938. 581 Busch Place is a home located in Los Angeles County with nearby schools including McKinley School, Blair High School, and Westridge 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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