NOT LISTED FOR SALE

650 S Lake Ave Unit 5 Pasadena, CA 91106

Estimated Value: $960,000 - $1,610,000

3 Beds
2.5 Baths
1,570 Sq Ft
$781/Sq Ft Est. Value

Last Sold December 03, 2015

Last sale price $773,545 $493 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,528/month

102 Days on Market

Highlights

  • Gated Parking
  • Gated Community
  • Spanish Architecture
  • Blair High School Rated A-
  • Bamboo Flooring
  • Courtyard Views

About This Home

As of December 2015

AVANTI VILLAS complex is located on S Lake Ave in the heart of Pasadena. These upscale units are composed of 3 bedrooms and either 2.5 or 3.5 baths. Built with the highest specifications the villas offers spacious floor plans and exceptional living spaces with exquisite materials and finishes. Elegant crown moldings combined with natural elements of wood-plank flooring. The chef's kitchen features Bosch stainless steel Professional Series appliances, custom cabinetry, and top of the line countertops and backsplashes. Each unit is appointed with solid core doors and cabinet faces and has a spacious two auto garage and except for units 2 & 4, direct access. AVANTI VILLAS is minutes away from the excitement and charm of Old Pasadena and is surrounded by world class shopping and fine dining, The Rose Bowl, the world-famous Huntington Library and Gardens, AVANTI VILLAS combines the best of urban living and the peace and tranquility of home!

Last Agent to Sell the Property

Lulu Knowlton

eXp Realty of California Inc License #01950225 Listed on: 03/21/2015

eXp Realty of California Inc

Last Buyer's Agent

Nancy Wang

License #01121413

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,217

Year Built

  • Built in 2010

Lot Details

  • 0.39 Acre Lot
  • Gated Home

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,570 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room
  • Dining Room
  • Courtyard Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry closet
  • Gas Dryer Hookup

Parking

  • 2 Covered Spaces
  • Gated Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5327-020-044

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 12 Units
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,217

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Spanish
  • Street Number Display: Yes
  • Complex Name: Avanti Villas
  • Entry Floor: 1
  • Living Area: 1570
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 2010
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Bamboo, Carpet, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 620.06

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Gated Underground

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Gated Community, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 332.00

Lot Info

  • Assessor Parcel Number: 5327-020-044
  • Geocode Override: No
  • Lot Size Area: 17173

Multi Family

  • Number Of Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2019
Sold by
Lake Bd Investment Llc
Bought by
Prosper Development Llc
Total Days on Market
102
Current Estimated Value
$1,225,505

Purchase Details

Listed on
Mar 21, 2015
Closed on
Nov 4, 2015
Sold by
Gold River Valley Llc
Bought by
Lake Bd Investment Llc
Seller's Agent
Lulu Knowlton
eXp Realty of California Inc
Buyer's Agent
Nancy Wang
List Price
$973,500
Sold Price
$773,545
Premium/Discount to List
-$199,955
-20.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$7,730,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 30, 2013
Closed on
Apr 12, 2013
Sold by
Goldenman Venture Capital Group
Bought by
Goldenman Venture Capital Group and Liberty Gardens Llc
Seller's Agent
Shumei Kam
High Ten Partners, Inc.
Buyer's Agent
Shumei Kam
High Ten Partners, Inc.
Sold Price
$3,250

Purchase Details

Closed on
Aug 10, 2012
Sold by
Liberty Gardens Llc
Bought by
Goldenman Venture Capital Group
Source: Public Records

Range of Values:

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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
Prosper Development Llc $11,380,000 Chicago Title Company
Lake Bd Investment Llc $10,600,000 North American Title Company
Goldenman Venture Capital Group -- None Available
Goldenman Venture Capital Group -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lake Bd Investment Llc $7,730,000
Previous Owner Gold River Valley Llc $3,112,297
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2015 12/03/15 Sold $773,545 -20.5% $493 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
03/21/2015 03/21/15 For Sale $973,500 0.0% $620 / Sq Ft
08/06/2014 08/06/14 Rented $3,350 0.0% --
08/06/2014 08/06/14 For Rent $3,350 +3.1% --
06/01/2013 06/01/13 Rented $3,250 -3.0% --
05/03/2013 05/03/13 Under Contract -- -- --
01/30/2013 01/30/13 For Rent $3,350 -- --
Source: The MLS

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 $10,217 $918,659 $644,156 $274,503
2024 $10,217 $900,647 $631,526 $269,121
2023 $10,131 $882,989 $619,144 $263,845
2022 $9,777 $865,676 $607,004 $258,672
2021 $9,375 $848,702 $595,102 $253,600
2019 $9,120 $833,047 $583,664 $249,383
2018 $9,326 $816,714 $572,220 $244,494
2016 $9,030 $785,000 $550,000 $235,000
2015 $9,587 $831,481 $582,037 $249,444
2014 $9,378 $815,194 $570,636 $244,558
Source: Public Records

Agents Affiliated with this Home

  • Lulu Knowlton

    Seller's Agent in 2015

    Lulu Knowlton

    eXp Realty of California Inc

    (888) 584-9427

    53 Total Sales

    Lulu Knowlton
    Section Image

  • N

    Buyer's Agent in 2015

    Nancy Wang

  • Shumei Kam

    Seller's Agent in 2014

    Shumei Kam

    High Ten Partners, Inc.

    (626) 289-6660

    4 in this area

    27 Total Sales

    Shumei Kam
    Section Image
  • Joy Bolger

    Buyer's Agent in 2014

    Joy Bolger

    Compass

    (323) 708-9156

    84 Total Sales

    Joy Bolger
    Section Image
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Map

Source: The MLS

MLS Number: 15-886729

The MLS

APN: 5327-020-044

California Los Angeles County Pasadena 91106

650 S Lake Ave Unit 5, Pasadena, CA

This home is located at 650 S Lake Ave Unit 5, Pasadena, CA 91106 since 21 March 2015 and is currently estimated at $1,225,505, approximately $780 per square foot. This property was built in 2010. 650 S Lake Ave Unit 5 is a home located in Los Angeles County with nearby schools including McKinley School, Blair High School, and Polytechnic School.

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