Seller's Agent in 2019
Nick Borrelli
Coldwell Banker Realty
(626) 484-7975
1 in this area
22 Total Sales
699 S Marengo Ave Pasadena, CA 91106
Madison Heights NeighborhoodEstimated Value: $2,181,000 - $2,641,000
4
Beds
4
Baths
3,608
Sq Ft
$674/Sq Ft
Est. Value
Highlights
- Laundry Room
- 4-minute walk to Fillmore Station
- Front Yard
- Bungalow
- Turnkey
About This Home
As of December 20194 value added Bungalows with unique character. This property is gated and secure with each Bungalow offering a garage. The property is located in the most desirable part of South West Pasadena, it is within 300 feet of the Fillmore Metro Station on South Arroyo and Fillmore. Tenants can take advantage of the proximity to shopping and dinning with new restaurants behind the property on South Arroyo parkway. It is also in close proximity to the Art Center and Huntington Hospital Most of the bungalows have been updated with partial copper plumbing, wood floors, bathrooms and kitchens. Possibility that they could be converted to 2-3 bedrooms due to their large size. Unique opportunity to acquire a bungalow court in the City of Pasadena
Last Agent to Sell the Property
Coldwell Banker Realty License #01481673 Listed on: 07/29/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1916
Lot Details
- 0.28 Acre Lot
- No Common Walls
- Front Yard
- Density is 36-40 Units/Acre
Parking
- 2 Open Parking Spaces
- 4 Car Garage
- 4 Carport Spaces
Home Design
- Quadruplex
- Bungalow
- Turnkey
Interior Spaces
- 3,608 Sq Ft Home
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Legal Lot and Block 2 / C
- Assessor Parcel Number 5720015002
Community Details
Overview
- 5 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2019
Closed on
Nov 14, 2019
Sold by
Solano Lynette and The Adalberto Sulano Exemption
Bought by
Plem Llc
Seller's Agent
Nick Borrelli
Coldwell Banker Realty
Buyer's Agent
Maggie Teng
Silverpoint Properties
List Price
$2,500,000
Sold Price
$2,000,000
Premium/Discount to List
-$500,000
-20%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,187
Avg. Annual Appreciation
3.28%
Purchase Details
Closed on
Oct 27, 2010
Sold by
Solano Catalina and The Solano Family Trust
Bought by
Solano Catalina and The Adalberto Solano Exemption Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Plem Llc | $2,000,000 | Equity Title Company | |
| Solano Catalina | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/13/2019 12/13/19 | Sold | $2,000,000 | -11.1% | $554 / Sq Ft |
| 11/25/2019 11/25/19 | Pending | -- | -- | -- |
| 11/08/2019 11/08/19 | Price Changed | $2,250,000 | -2.2% | $624 / Sq Ft |
| 09/03/2019 09/03/19 | Price Changed | $2,300,000 | -8.0% | $637 / Sq Ft |
| 07/29/2019 07/29/19 | For Sale | $2,500,000 | -- | $693 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $24,729 | $2,187,288 | $1,531,102 | $656,186 |
| 2024 | $24,729 | $2,144,401 | $1,501,081 | $643,320 |
| 2023 | $24,523 | $2,102,355 | $1,471,649 | $630,706 |
| 2022 | $23,676 | $2,061,134 | $1,442,794 | $618,340 |
| 2021 | $22,711 | $2,020,720 | $1,414,504 | $606,216 |
| 2020 | $21,802 | $2,000,000 | $1,400,000 | $600,000 |
| 2019 | $2,118 | $91,157 | $52,066 | $39,091 |
| 2018 | $1,954 | $89,371 | $51,046 | $38,325 |
| 2016 | $1,832 | $85,903 | $49,065 | $36,838 |
| 2015 | $1,809 | $84,613 | $48,328 | $36,285 |
| 2014 | $1,814 | $82,957 | $47,382 | $35,575 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Borrelli
-
Maggie Teng
M
Buyer's Agent in 2019
Maggie Teng
Silverpoint Properties
(626) 255-7442
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR19180017
APN: 5720-015-002
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