NOT LISTED FOR SALE

641 Grand Ave South Pasadena, CA 91030

Estimated Value: $1,500,000 - $1,887,000

2 Beds
2 Baths
1,425 Sq Ft
$1,197/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $1,350,000 $947 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $10,654/month

7 Days on Market

Highlights

  • Private Pool
  • Granite Countertops
  • No HOA
  • Arroyo Vista Elementary Rated A+
  • Lawn
  • Double Pane Windows

About This Home

As of September 2021

Investment opportunity in South Pasadena. This two bedroom home offers two updated bathrooms, open living spaces, copper plumbing, an updated electrical panel, and a composition roof. Detached two car garage plus an outbuilding with one additional bedroom and bathroom, approx. 20' X 20'. Some TLC still needed, seller is looking for a quick sale. There is also a pool! Ideally, he would like to rent back for one year with the option to repurchase the property for about 20% more than it sells for.

Last Agent to Sell the Property

Nick Abbadessa

RE/MAX MASTERS REALTY License #01398872 Listed on: 08/23/2021

RE/MAX MASTERS REALTY

Last Buyer's Agent

Eva Lin

Lin Realty Group License #02097017

Lin Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,207

Year Built

  • Built in 1963

Lot Details

  • 7,504 Sq Ft Lot
  • Lawn
  • Property is zoned SPR110000*

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Turnkey
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 1,425 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Granite Countertops
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Private Pool
  • Outbuilding

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 9030
  • Assessor Parcel Number 5313003014
  • $848 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,207

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: SPR110000*
  • Property Condition: Repairs Cosmetic, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5313003014
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1425.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 947.37
  • Room Type: Family Room, Kitchen
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Foundation: Slab
  • Other Structures: Outbuilding
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: South Pasadena

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 7504.00
  • Lot Size Acres: 0.1723

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7504.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4806.00
  • Tax Lot: 2
  • Tax Tract Number: 9030
  • TaxOtherAnnualAssessmentAmount: 848.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
Marsh Lisa A and Marsh Matthias A
Bought by
Duran Matthias A and Marsh-Elmer Irene L
Current Estimated Value
$1,705,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,200
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2021
Closed on
Sep 8, 2021
Sold by
Gomez Jorge
Bought by
Edmunds Robert
Seller's Agent
Nick Abbadessa
RE/MAX MASTERS REALTY
Buyer's Agent
Eva Lin
Lin Realty Group
List Price
$1,159,800
Sold Price
$1,350,000
Premium/Discount to List
$190,200
16.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%

Purchase Details

Listed on
Aug 23, 2021
Closed on
Aug 31, 2021
Sold by
Edmunds Robert
Bought by
Marsh Elmer Lisa and Duran Matthias
Seller's Agent
Nick Abbadessa
RE/MAX MASTERS REALTY
Buyer's Agent
Eva Lin
Lin Realty Group
List Price
$1,159,800
Sold Price
$1,350,000
Premium/Discount to List
$190,200
16.4%

Purchase Details

Closed on
Apr 2, 2012
Sold by
Gomez Maritza
Bought by
Edmunds Robert

Purchase Details

Closed on
Mar 3, 2012
Sold by
Gomez Maritza
Bought by
Edmunds Robert and Gomez Maritza

Purchase Details

Closed on
Nov 10, 2011
Sold by
Edmunds Robert
Bought by
Gomez Maritza

Purchase Details

Closed on
Oct 16, 2000
Sold by
Everett John H and Everett Elizabeth Ann
Bought by
Edmunds Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
4.95%
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
Duran Matthias A -- California Members Title
Edmunds Robert -- First American Title Company
Marsh Elmer Lisa $1,350,000 First American Title Company
Edmunds Robert -- Accommodation
Edmunds Robert -- None Available
Gomez Maritza -- None Available
Edmunds Robert $369,500 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duran Matthias A $647,200
Previous Owner Edmunds Robert $332,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $1,350,000 +16.4% $947 / Sq Ft
08/25/2021 08/25/21 For Sale $1,159,800 -14.1% $814 / Sq Ft
08/23/2021 08/23/21 Off Market $1,350,000 -- --
08/23/2021 08/23/21 For Sale $999,800 -- $702 / 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 $17,207 $1,432,630 $1,146,104 $286,526
2024 $17,207 $1,404,540 $1,123,632 $280,908
2023 $16,837 $1,377,000 $1,101,600 $275,400
2022 $16,441 $1,350,000 $1,080,000 $270,000
2021 $9,577 $754,255 $527,979 $226,276
2019 $9,293 $731,885 $512,320 $219,565
2018 $9,091 $717,535 $502,275 $215,260
2016 $8,429 $689,674 $482,772 $206,902
2015 $8,294 $679,316 $475,521 $203,795
2014 $8,183 $666,010 $466,207 $199,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21186218

California Regional Multiple Listing Service (CRMLS)

APN: 5313-003-014