NOT LISTED FOR SALE

699 S Marengo Ave Pasadena, CA 91106

Madison Heights Neighborhood

Estimated Value: $2,596,689

4 Beds
4 Baths
3,608 Sq Ft
$720/Sq Ft Est. Value

Sale Details

Date Sold: December 13, 2019

Last sale price $2,000,000 $554 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $16,817 / mo

119 Days on Market

Highlights

  • Bungalow
  • 4-minute walk to Fillmore Station
  • Front Yard
  • Laundry Facilities
  • Turnkey

About This Home

As of December 2019

4 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

Nick Borrelli

Coldwell Banker Realty License #01481673 Listed on: 07/29/2019

Coldwell Banker Realty

Last Buyer's Agent

Maggie Teng

Silverpoint Properties License #01976185

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 12,158 Sq Ft 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

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

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0.28 Acres

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: PSR*
  • Architectural Style: Bungalow
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5720015002
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 554.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre, Front Yard
  • Lot Size Sq Ft: 12158.00
  • Lot Size Acres: 0.2791

Multi Family

  • Lot Size Area: 12158.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 5600.00

Tax Info

  • Tax Block: C
  • Tax Census Tract: 4640.00
  • Tax Lot: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$2,596,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,689
Avg. Annual Appreciation
3.94%

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Madison Heights, CA

  • Brent Ballard Real Estate Agent - Anderson Ballard Companies

    Brent Ballard

    Anderson Ballard Companies

    (747) 307-4526

    166 Total Sales

    1 in Madison Heights

    $1,050,000 Price

    Brent Ballard
     Section Image
  • Roseann Oesterreich Real Estate Agent - Coldwell Banker Envision

    Roseann Oesterreich

    Coldwell Banker Envision

    (424) 306-0403

    30 Total Sales

    1 in Madison Heights

    $751,000 Price

    Roseann Oesterreich
     Section Image

  • CH

    CONNIE HONG

    Exquisite Home Realty

    (626) 313-3415

    14 Total Sales

    1 in Madison Heights

    $495,000 Price

    CONNIE HONG
     Section Image
  • Laura Dandoy Real Estate Agent - The Real Estate Resource Group

    Laura Dandoy

    The Real Estate Resource Group

    (626) 784-4821

    256 Total Sales

    1 in Madison Heights

    $823,000 Price

    Laura Dandoy
     Section Image
  • Megan Husri Real Estate Agent - Keller Williams Studio City

    Megan Husri

    Responds Quickly

    Keller Williams Studio City

    (747) 279-3321

    88 Total Sales

    1 in Madison Heights

    $455,000 Price

    Megan Husri
     Section Image
  • Amy Engler Real Estate Agent - Douglas Elliman of California, Inc.

    Amy Engler

    Douglas Elliman of California, Inc.

    (424) 541-1946

    58 Total Sales

    6 in Madison Heights

    $555K - $750K Price Range

    Amy Engler
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,000,000 Equity Title Company
Solano Catalina -- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $25,884 $2,231,033 $1,561,724 $669,309
2025 $25,884 $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 Real Estate Agent - Coldwell Banker Realty

    Seller's Agent in 2019

    Nick Borrelli

    Coldwell Banker Realty

    (626) 484-7975

    1 in this area

    24 Total Sales

    Nick Borrelli
    Section Image

  • MT

    Buyer's Agent in 2019

    Maggie Teng

    Silverpoint Properties

    (626) 255-7442

    11 Total Sales

    Maggie Teng
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19180017

California Regional Multiple Listing Service (CRMLS)

APN: 5720-015-002

California Los Angeles County Pasadena 91105 Madison Heights

699 S Marengo Ave, Pasadena, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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