NOT LISTED FOR SALE

647 N Madison Ave Pasadena, CA 91101

Northwest Pasadena Neighborhood

Estimated Value: $1,352,000 - $1,599,426

6 Beds
3 Baths
2,686 Sq Ft
$533/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $607,000 $226 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $8,377/month

26 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Accessible Parking
  • Cooling System Mounted To A Wall/Window
  • More Than Two Accessible Exits
  • East Facing Home

About This Home

As of October 2013

EXCELLENT PASADENA LOCATION. CONVENIENT TO SHOPPING, SCHOOLS & FREEWAY ACCESS. CLASSICALLY DESIGNED AND PERMITTED RESIDENCE FOR 3 UNITS WAS REMODELED TO 2 UNITS, EACH NOW HAS 3 BEDROOMS & 2 BATHS. DETACHED 2 CAR GARAGE ON BACK OF LOT. BOTH UNITS ARE OCCUPIED. LANDSCAPING & MAINTENANCE PERFORMED BY TENANTS. PLEASE DO NOT DISTURB THE TENANTS. GREAT DRIVE BY AND CALL FOR A SHOWING APPOINTMENT. PROPERTY IS OFFERED "AS IS."

Last Agent to Sell the Property

BRUCE CAMPBELL

FINEST US REALTY License #00616950 Listed on: 07/22/2013

Last Buyer's Agent

Amy Fowlks

LPT Realty, Inc License #01459484

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 11,400 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 2,686 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 5731005047

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $2,700
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0.26 Acres

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5731005047
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Accessibility Features: 2+ Access Exits, Parking
  • Levels: Two
  • Price Per Square Foot: 225.99

Exterior Features

  • Direction Faces: East
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11400.00
  • Lot Size Acres: 0.2620

Multi Family

  • Gross Income: 2700.00
  • Gross Scheduled Income: 32400.00
  • Lot Size Area: 11400.0000 Square Feet
  • Net Operating Income: 32400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 2700.00

Tax Info

  • Tax Area: 7500
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2013
Closed on
Oct 1, 2013
Sold by
Messiah Lutheran Chruch Of The Augustana
Bought by
Wilbur Benjamin W and Wilbur Linda S
Seller's Agent
BRUCE CAMPBELL
FINEST US REALTY
Buyer's Agent
Amy Fowlks
LPT Realty, Inc
List Price
$649,000
Sold Price
$607,000
Premium/Discount to List
-$42,000
-6.47%
Current Estimated Value
$1,432,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$825,357
Avg. Annual Appreciation
7.15%
Original Mortgage
$393,600
Outstanding Balance
$296,105
Interest Rate
4.53%
Mortgage Type
New Conventional
Estimated Equity
$1,136,252
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wilbur Benjamin W $645,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilbur Benjamin W $393,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2013 10/23/13 Sold $607,000 -6.5% $226 / Sq Ft
08/17/2013 08/17/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $649,000 -- $242 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,670 $744,088 $539,374 $204,714
2024 $8,670 $729,499 $528,799 $200,700
2023 $8,593 $715,196 $518,431 $196,765
2022 $8,298 $701,173 $508,266 $192,907
2021 $7,952 $687,425 $498,300 $189,125
2019 $7,660 $667,037 $483,521 $183,516
2018 $7,761 $653,959 $474,041 $179,918
2016 $7,522 $628,568 $455,635 $172,933
2015 $7,917 $657,887 $453,891 $203,996
2014 $8,477 $645,000 $445,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    BRUCE CAMPBELL

    FINEST US REALTY

  • Amy Fowlks

    Buyer's Agent in 2013

    Amy Fowlks

    LPT Realty, Inc

    (818) 205-7363

    13 Total Sales

    Amy Fowlks
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV13144527

California Regional Multiple Listing Service (CRMLS)

APN: 5731-005-047

California Los Angeles County Pasadena 91101 Northwest Pasadena

647 N Madison Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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