NOT LISTED FOR SALE

653 S Lake Ave Unit 3 Pasadena, CA 91106

Madison Heights Neighborhood

Estimated Value: $1,470,000 - $1,815,000

3 Beds
2.5 Baths
2,319 Sq Ft
$691/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $1,115,000 $481 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $9,582/month

84 Days on Market

Highlights

  • Wood Flooring
  • Blair High School Rated A-
  • Gas Fireplace

About This Home

As of August 2016

Luxurious Mediterranean-style Madison Heights neighborhood Townhouse in the popular South Lake Avenue area. Fantastic location near shopping, fine dining and just minutes from Old Town Pasadena and Caltech. This Executive style home is a must see! *Spacious contemporary open floor plan with soaring ceilings *Brazilian cherry wood floors & new carpet in bedrooms*Central heat & air *Gourmet kitchen with top of the line appliances, granite counters/floors & wrap around breakfast bar *Master suite with walk-in closet, Juliet balcony, spa-style full bath equipped with steam-sauna shower, travertine tile and separate tub*Laundry area located on bedroom level *Gated community*Front and rear patios *Private attached three-car garage with direct access*South Facing Unit

Last Agent to Sell the Property

Carol Majors

Coldwell Banker Realty License #00769694 Listed on: 05/19/2016

Last Buyer's Agent

Angela Xu

Re/Max Champions License #01455022

Re/Max Champions

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,314

Year Built

  • Built in 2006

Lot Details

  • 9,632 Sq Ft Lot

Home Design

  • Split Level Home

Interior Spaces

  • 2,319 Sq Ft Home
  • Decorative Fireplace
  • Gas Fireplace
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 5721027036

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,314

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Inclusions: All appliances including washer/dryer
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: PSR3
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5721027036
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2319.00
  • Flooring: Carpet, Stone, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Decorative, Gas, Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 480.81

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9632.00
  • Lot Size Acres: 0.2200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9632.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2016
Closed on
Jun 28, 2016
Sold by
Zang Jingwu Z
Bought by
Zang Ying Q
Seller's Agent
Carol Majors
Coldwell Banker Realty
Buyer's Agent
Angela Xu
Re/Max Champions
List Price
$1,180,000
Sold Price
$1,115,000
Premium/Discount to List
-$65,000
-5.51%
Current Estimated Value
$1,602,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,821
Avg. Annual Appreciation
4.02%
Original Mortgage
$669,000
Outstanding Balance
$543,162
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,059,659

Purchase Details

Listed on
May 19, 2016
Closed on
Jun 16, 2016
Sold by
Lee Thomas Min
Bought by
Zang Ying Q
Seller's Agent
Carol Majors
Coldwell Banker Realty
Buyer's Agent
Angela Xu
Re/Max Champions
List Price
$1,180,000
Sold Price
$1,115,000
Premium/Discount to List
-$65,000
-5.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$669,000
Outstanding Balance
$543,162
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,059,659

Purchase Details

Closed on
Nov 1, 2006
Sold by
Forever Green Developers Llc
Bought by
Lee Thomas Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
6.28%
Mortgage Type
New Conventional
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
Zang Ying Q -- Lawyers Title
Zang Ying Q $1,115,000 Lawyers Title
Lee Thomas Min $835,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zang Ying Q $669,000
Previous Owner Lee Thomas Min $635,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2016 08/12/16 Sold $1,115,000 -5.5% $481 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $1,180,000 -- $509 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $14,314 $1,294,047 $841,420 $452,627
2024 $14,314 $1,268,674 $824,922 $443,752
2023 $14,194 $1,243,799 $808,748 $435,051
2022 $13,698 $1,219,412 $792,891 $426,521
2021 $13,132 $1,195,503 $777,345 $418,158
2019 $12,632 $1,160,046 $754,290 $405,756
2018 $12,924 $1,137,300 $739,500 $397,800
2016 $10,780 $945,025 $605,496 $339,529
2015 $10,662 $930,830 $596,401 $334,429
2014 $10,428 $912,597 $584,719 $327,878
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Carol Majors

    Coldwell Banker Realty

  • Angela Xu

    Buyer's Agent in 2016

    Angela Xu

    RE/MAX

    (626) 534-3819

    54 Total Sales

    Angela Xu
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316004716

Pasadena-Foothills Association of REALTORS®

APN: 5721-027-036

California Los Angeles County Pasadena 91106 Madison Heights

653 S Lake Ave Unit 3, Pasadena, CA

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