NOT LISTED FOR SALE

653 S Lake Ave Unit 5 Pasadena, CA 91106

Madison Heights Neighborhood

Estimated Value: $1,394,000 - $1,647,000

3 Beds
2.5 Baths
2,240 Sq Ft
9,583 Sq Ft Lot

Last Sold April 07, 2017

Last sale price $1,037,500 $463 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $9,140/month

Highlights

  • Gated Community
  • Wood Flooring
  • High Ceiling
  • Blair High School Rated A-
  • Mediterranean Architecture
  • Granite Countertops

About This Home

As of April 2017

***BACK ON THE MARKET Pending cancellation**** Luxurious Mediterranean-style townhome located in the prestigious South Lake District close to dining, entertainment and shopping. End unit with only one common wall. Beautiful Brazilian Cherry Hardwood, high ceilings throughout, crown mouldings and recessed lighting. Kitchen offers Viking appliances, granite counters and a great breakfast bar. Access to patio off the dining area. Open layout concept living and dining areas. Private, attached 2-car garage with direct access to the unit. Laundry at the upper level in closet with storage space. Master bedroom with walk-in closet and master bathroom offering travertive floors and double vanity. Small area at the hallway perfect for a workspace. Balcony off additional bedroom. Move-in ready and a MUST SEE!

Last Agent to Sell the Property

Sylva Khayalian

Redfin Corporation License #01323217 Listed on: 02/14/2017

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,341

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • Block Wall Fence
  • Sprinkler System
  • Land Lease

Parking

  • 2 Car Garage

Home Design

  • Mediterranean Architecture
  • Split Level Home

Interior Spaces

  • 2,240 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Plantation Shutters
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Makeup or Vanity Space
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Additional Features

  • Tile Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5721027038

Community Details

Overview

  • Master Insurance
  • Rita Parkway Villas HOA

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,341

Year Built

Built in 2006 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: PSR3
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5721027038
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2240.00
  • Interior Amenities: Crown Molding, High Ceilings, Recessed Lighting
  • Stories: 3
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Gas, Living Room
  • Levels: Multi/Split, Three Or More
  • Price Per Square Foot: 463.17
  • Room Type: Living Room, Master Bedroom, Walk-In Closet
  • Window Features: Plantation Shutters
  • Bathroom Features: Shower In Tub, Vanity Area
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Tile

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Oven, Range Hood
  • Heating Type: Central
  • Laundry Features: In Closet, Upper Level
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Amenities: Controlled Access, Insurance
  • Association Fee Frequency: Monthly
  • Association Name: Rita Parkway Villas HOA
  • Senior Community: No

Lot Info

  • Land Lease: Yes
  • Lot Features: Sprinkler System
  • 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

Closed on
Oct 11, 2017
Sold by
Aragon Rebecca M
Bought by
Aragon Rebecca M and Rebecca M Aragon Trust
Current Estimated Value
$1,533,647

Purchase Details

Listed on
Feb 14, 2017
Closed on
Mar 9, 2017
Sold by
Huang Stephen
Bought by
Aragon Rebecca M
Seller's Agent
Sylva Khayalian
Redfin Corporation
List Price
$1,037,500
Sold Price
$1,037,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
Jul 26, 2014
Sold by
Huang Stephen
Bought by
Huang Family Trust

Purchase Details

Closed on
Sep 13, 2012
Sold by
Khayat Sami and Khayat Fawzi
Bought by
Huang Stephen and Huang Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2007
Sold by
Forever Green Developers Llc
Bought by
Khayat Sami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
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
Aragon Rebecca M -- None Available
Aragon Rebecca M $1,037,500 Equity Title Company
Huang Family Trust -- None Available
Huang Stephen $850,000 Lawyers Title
Khayat Sami $825,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huang Stephen $625,000
Previous Owner Khayat Sami $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2017 04/07/17 Sold $1,037,500 0.0% $463 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $1,037,500 -- $463 / 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 $13,341 $1,204,100 $783,973 $420,127
2024 $13,341 $1,180,491 $768,601 $411,890
2023 $13,229 $1,157,345 $753,531 $403,814
2022 $12,767 $1,134,653 $738,756 $395,897
2021 $12,240 $1,112,406 $724,271 $388,135
2019 $11,774 $1,079,414 $702,790 $376,624
2018 $12,043 $1,058,250 $689,010 $369,240
2016 $10,095 $884,198 $530,519 $353,679
2015 $9,984 $870,918 $522,551 $348,367
2014 $9,766 $853,858 $512,315 $341,543
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Sylva Khayalian

    Redfin Corporation

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-317001371

Pasadena-Foothills Association of REALTORS®

APN: 5721-027-038

California Los Angeles County Pasadena 91106 Madison Heights

653 S Lake Ave Unit 5, Pasadena, CA

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