NOT LISTED FOR SALE

607 N Summit Ave Pasadena, CA 91103

Northwest Pasadena Neighborhood

Estimated Value: $1,175,000 - $1,635,000

8 Beds
5 Baths
3,745 Sq Ft
$374/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $720,000 $192 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $8,221/month

42 Days on Market

About This Home

As of February 2014

Totally remodeled, 3 bedrooms + 2 bathrooms front house with 1,300 SQF. Excellent location, close to Old Town, PCC College, transportation, markets, restaurants and 210 Freeway. This spacious house has larger living room, roomy dinning room, new kitchen cabinet, new granite countertop, new sink, new stove, new ranger hood, new dish washer and new tile floor. Plus bonus room, it can be as dinning room. Two full bathrooms with new vanity, new tubs and new toilets. New laminate floor though out the house & equipped with two new air conditions. The bedrooms are generous size with large closets. Washer/dryer hook-up. Detached garage and two parking space.

Last Agent to Sell the Property

Dick Davis

Cornerstone Real Estate Serv. License #00675908 Listed on: 11/26/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 10,558

Home Design

  • Property Attached

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Additional Features

  • 2-Story Property
  • 10,558 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 5725008012

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • Zoning: PSR1
  • Property Type: Residential Income
  • Parcel Number: 5725008012
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Flooring: Carpet, Wood
  • Levels: Two

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10558.00
  • Lot Size Acres: 0.2424

Multi Family

  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 10558.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2013
Closed on
Jan 27, 2014
Sold by
Duran Marcia and Duran Ernest C
Bought by
Hu Yu and Liu Zheng
Seller's Agent
Dick Davis
Cornerstone Real Estate Serv.
List Price
$758,000
Sold Price
$720,000
Premium/Discount to List
-$38,000
-5.01%
Current Estimated Value
$1,398,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$678,824
Avg. Annual Appreciation
5.75%
Original Mortgage
$540,000
Outstanding Balance
$410,427
Interest Rate
4.49%
Mortgage Type
New Conventional
Estimated Equity
$988,397

Purchase Details

Closed on
Jun 24, 2004
Sold by
Duran Marcia and Duran Ernest C
Bought by
Duran Marcia and Duran Ernest C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2003
Sold by
Duran Marcia and Leo L Duran Revocable Trust
Bought by
Duran Marcia and Duran Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2001
Sold by
Duran Leo L
Bought by
The Leo L Duran Revocable Trust
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
Hu Yu $720,000 Lawyers Title
Duran Marcia -- Diversified Title & Escrow S
Duran Marcia -- Diversified Title & Escrow S
The Leo L Duran Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu Yu $540,000
Previous Owner Duran Marcia $324,000
Previous Owner Duran Marcia $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2015 09/26/15 Rented $2,300 -11.5% --
09/21/2015 09/21/15 Under Contract -- -- --
07/13/2015 07/13/15 For Rent $2,600 0.0% --
02/14/2014 02/14/14 Sold $720,000 -5.0% $192 / Sq Ft
01/07/2014 01/07/14 Pending -- -- --
11/26/2013 11/26/13 For Sale $758,000 -- $202 / 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 $10,699 $882,611 $576,150 $306,461
2024 $10,699 $865,305 $564,853 $300,452
2023 $10,610 $848,339 $553,778 $294,561
2022 $10,257 $831,706 $542,920 $288,786
2021 $9,840 $815,399 $532,275 $283,124
2020 $9,470 $807,039 $526,818 $280,221
2019 $9,489 $791,216 $516,489 $274,727
2018 $9,520 $775,703 $506,362 $269,341
2016 $9,188 $745,583 $486,700 $258,883
2015 $9,086 $734,385 $479,390 $254,995
2014 $1,624 $68,356 $15,178 $53,178
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kylan Ha

    Keller Williams VIP Properties

    (213) 327-5017

    1 in this area

    21 Total Sales

    Kylan Ha
    Section Image
  • Dick Davis

    Seller's Agent in 2014

    Dick Davis

    Cornerstone Real Estate Serv.

    (626) 233-8377

    48 Total Sales

    Dick Davis
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-213006099

Pasadena-Foothills Association of REALTORS®

APN: 5725-008-012

California Los Angeles County Pasadena 91103 Northwest Pasadena

607 N Summit Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

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