NOT LISTED FOR SALE

640 S Lake Ave Unit 305 Pasadena, CA 91106

Estimated Value: $988,000 - $1,260,000

3 Beds
3.5 Baths
1,870 Sq Ft
$591/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $850,000 $455 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,474/month

41 Days on Market

Highlights

  • No Units Above
  • Gated Parking
  • Mountain View
  • Blair High School Rated A-
  • Two Primary Bedrooms
  • Retreat

About This Home

As of March 2021

Enjoy the holidays in your new home! Your highly upgraded, sophisticated, light and bright urban oasis, offers privacy and serenity inside! With location, location, location it is also just steps away to the happening South Lake District lifestyle w/shopping, dining, E. Colorado Blvd/Historic Route 66 and CALTech! Enjoy maintenance free CA living in your open concept floor plan, featuring bright & airy vaulted ceilings, warm fireplace for those cold winter nights, + 3 private penthouse balconies! What an entertainer's delight w/upgraded gourmet dream kitchen, huge center waterfall island, stove top pot faucet -perfect for holiday gatherings with family and friends! Your sumptuous Master Suite, second bedroom, plus laundry are all located on the main level! Plus an elevator delivers you to the third floor from your secure, gated, community parking garage! No units above you! Live your dream today - YOU deserve it! MUST SEE TODAY!

Last Agent to Sell the Property

Lisa Vomero-Inouye

LPT Realty License #01316581 Listed on: 11/06/2020

LPT Realty

Last Buyer's Agent

Lilian Phan

COMPASS License #01908262

COMPASS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,243

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • No Units Above
  • Partially Fenced Property

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

  • Mountain
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Turnkey
  • Additions or Alterations
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,870 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Disposal
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Double Master Bedroom
  • Walk-In Closet

Utilities

  • Cooling System Powered By Gas
  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System

Additional Features

  • Fire Pit
  • Urban Location

Listing and Financial Details

  • Tax Lot 22439
  • Assessor Parcel Number 5327020037

Community Details

Overview

  • 18 Units
  • 640 S. Lake Ave. HOA, Phone Number (626) 400-6222
  • 640 South Lake

Security

  • Resident Manager or Management On Site
  • Controlled Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,243

Year Built

Built in 1979 | Remodeled

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Park Name: 640 South Lake
  • Property Attached: No
  • View: Yes
  • Zoning: PSR3
  • Property Condition: Additions/Alterations, Turnkey, Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5327020037
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1870.00 Square Feet
  • Stories: 2
  • Entry Location: Community front door down hallway to elevator
  • Common Walls: No One Above
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 3
  • Fireplace Features: Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 454.55
  • Room Type: Kitchen, Laundry, Main Floor Bedroom, Master Bathroom, Master Bedroom, Retreat, Two Masters, Walk-In Closet

Exterior Features

  • View: Mountain(s), Neighborhood, Park/Greenbelt
  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Garage, Garage Door Opener, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Fireplace(s), Heat Pump, Natural Gas
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Cooling: Central Air, Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules, Controlled Access, Management
  • Association Fee: 600.00
  • Association Fee Frequency: Monthly
  • Association Name: 640 S. Lake Ave. HOA
  • Phone: 626-400-6222
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Storm Drains, Urban

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 22439.00
  • Lot Size Acres: 0.5100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22439.0000 Square Feet
  • Number Of Units In Community: 18

Tax Info

  • Tax Lot: 22439

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2021
Sold by
Ramos Luis Antonio
Bought by
Ramos Thesa Unabia
Current Estimated Value
$1,104,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,150
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2020
Sold by
Cultiyare Group Llc
Bought by
Ramos Theresa Unabia and Unabia Sherryonne Singson

Purchase Details

Closed on
Jan 28, 2020
Sold by
Bailey Belinda
Bought by
Cultivare Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$657,500
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 16, 2012
Sold by
Hjelsand Grant
Bought by
Bailey Belinda

Purchase Details

Closed on
Oct 1, 2010
Sold by
Mcpeck John P
Bought by
Bailey Belinda and Hjelsand Grant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,283
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2005
Sold by
Sailor Garnett
Bought by
Mcpeck John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,400
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2002
Sold by
Cobb Dawn H
Bought by
Sailor Garnett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.13%

Purchase Details

Closed on
Dec 11, 1998
Sold by
Bernard Thomas P
Bought by
Cobb Dawn H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.91%

Purchase Details

Closed on
Oct 12, 1994
Sold by
Demodena Mario
Bought by
Adams Gerald Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.91%
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
Ramos Thesa Unabia -- Wfg Title Insurance
Ramos Theresa Unabia $850,000 Wfg Title Insurance
Cultivare Group Llc $675,000 Lawyers Title Company
Bailey Belinda -- None Available
Bailey Belinda $620,000 Equity Title
Mcpeck John P $643,000 Chicago Title Co
Sailor Garnett $312,500 Chicago Title Co
Cobb Dawn H $270,000 Chicago Title Insurance Co
Adams Gerald Warren $266,000 United Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramos Thesa Unabia $764,150
Previous Owner Cultivare Group Llc $657,500
Previous Owner Bailey Belinda $110,000
Previous Owner Bailey Belinda $604,283
Previous Owner Mcpeck John P $117,000
Previous Owner Mcpeck John P $514,400
Previous Owner Sailor Garnett $343,000
Previous Owner Sailor Garnett $98,000
Previous Owner Sailor Garnett $285,000
Previous Owner Sailor Garnett $57,000
Previous Owner Sailor Garnett $50,000
Previous Owner Sailor Garnett $250,000
Previous Owner Cobb Dawn H $145,000
Previous Owner Adams Gerald Warren $252,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $850,000 -4.4% $455 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $888,888 -- $475 / 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 $10,243 $920,065 $733,455 $186,610
2024 $10,243 $902,025 $719,074 $182,951
2023 $10,157 $884,339 $704,975 $179,364
2022 $9,803 $867,000 $691,152 $175,848
2021 $7,607 $681,992 $514,374 $167,618
2020 $7,567 $700,943 $440,482 $260,461
2019 $7,588 $687,200 $431,846 $255,354
2018 $7,761 $673,727 $423,379 $250,348
2016 $7,509 $647,568 $406,940 $240,628
2015 $7,427 $637,842 $400,828 $237,014
2014 $7,269 $625,349 $392,977 $232,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2002348

California Regional Multiple Listing Service (CRMLS)

APN: 5327-020-037