NOT LISTED FOR SALE

623 Prospect Ave Unit 2 South Pasadena, CA 91030

Estimated Value: $963,950 - $1,208,000

2 Beds
2.5 Baths
1,473 Sq Ft
$440/mo HOA Fee

Last Sold May 20, 2013

Last sale price $550,000 $373 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $6,948/month

5 Days on Market

Highlights

  • Private Pool
  • 0.53 Acre Lot
  • Cathedral Ceiling
  • Arroyo Vista Elementary Rated A+
  • Property is near public transit
  • Granite Countertops

About This Home

As of May 2013

Excellent South Pasadena school district. Convenient location close to down town of South Pasadena & LA. Easy access to Metro station and Fwy-110. Tree lined street in quiet neighborhood. Hi-ceiling living room with fire place. Semi-level eating area with big balcony & wet bar off spacious kitchen. Kitchen with lots of hardwood cabinets, recess lighting fixtures & breakfast nook. Two master suites and laundry area upstairs. One master suite has cathedral ceiling, two big walk-in closets, shower and balcony, 2nd master suite has two mirror door closets and full bath. Skylight at upstairs staircase. Laminate wood floor in living room, eating area & kitchen. Ceramic tile floor & granite counter tops in all bathrooms. Wall to wall carpet in two master bedrooms. Two car attached garage at lower level direct access to main door entry. Six more covered guest parking at the rear of complex access from wide alley. Community pool by the rear of complex at the end of wide and long common driveway . Property to be sold "AS IS" condition.

Last Agent to Sell the Property

Benson Lam

KO TAI REALTY License #01212680 Listed on: 04/13/2013

KO TAI REALTY

Last Buyer's Agent

E. Lee Bothast

License #01512696

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,504

Year Built

  • Built in 1981

Lot Details

  • 0.53

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,473 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Crown Molding
  • Cathedral Ceiling
  • Recessed Lighting
  • Living Room with Fireplace
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Private Pool
  • Balcony
  • Patio
  • Porch

Additional Features

  • Two or More Common Walls
  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 37233
  • Assessor Parcel Number 5315016036

Community Details

Overview

  • 10 Units

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,504

Year Built

Built in 1981

Lot Details

0

HOA Fees

$440 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5315016036
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1473.00
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Crown Molding, Granite Counters, Intercom, Recessed Lighting, Wet Bar
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 373.39
  • Room Type: All Bedrooms Up

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Porch
  • Pool Features: Community
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Forced Air
  • Laundry Features: Upper Level
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 440.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: South Pasadena

Lot Info

  • Lot Features: Lot 20000-39999 Sqft, Near Public Transit
  • Lot Size Sq Ft: 23032.00
  • Lot Size Acres: 0.5290

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23032.0000 Square Feet
  • Number Of Units In Community: 10
  • Number Of Units Total: 10

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 37233

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2013
Closed on
May 10, 2013
Sold by
Chu Janet L
Bought by
Hu Kevin and Chua Lianne
Seller's Agent
Benson Lam
KO TAI REALTY
Buyer's Agent
E. Lee Bothast
List Price
$549,000
Sold Price
$550,000
Premium/Discount to List
$1,000
0.18%
Current Estimated Value
$1,105,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,738
Avg. Annual Appreciation
5.77%
Original Mortgage
$385,000
Outstanding Balance
$273,059
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$832,679
Source: Public Records

Range of Values:

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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
Hu Kevin $550,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu Kevin $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2013 05/20/13 Sold $550,000 +0.2% $373 / Sq Ft
04/18/2013 04/18/13 Pending -- -- --
04/13/2013 04/13/13 For Sale $549,000 -- $373 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,504 $677,274 $445,524 $231,750
2024 $8,504 $663,995 $436,789 $227,206
2023 $8,320 $650,976 $428,225 $222,751
2022 $8,124 $638,213 $419,829 $218,384
2021 $7,973 $625,700 $411,598 $214,102
2019 $7,733 $607,143 $399,391 $207,752
2018 $7,532 $595,239 $391,560 $203,679
2016 $6,979 $572,127 $376,356 $195,771
2015 $6,866 $563,534 $370,703 $192,831
2014 $6,774 $552,496 $363,442 $189,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13067058

California Regional Multiple Listing Service (CRMLS)

APN: 5315-016-036