NOT LISTED FOR SALE

700 S Lake Ave Unit 215 Pasadena, CA 91106

Estimated Value: $811,000 - $906,000

1 Bed
1.5 Baths
1,296 Sq Ft
$600/mo HOA Fee

Last Sold April 02, 2024

Last sale price $825,000 $637 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,025/month

20 Days on Market

Highlights

  • In Ground Pool
  • Gated Parking
  • 2.14 Acre Lot
  • Blair High School Rated A-
  • Gated Community
  • View of Meadow

About This Home

As of April 2024

This upgraded turnkey unit, nestled in a tranquil gated community within Pasadena’s South Lake Avenue district, offers a blend of modern elegance and comfort. The meticulous remodeling showcases attention to detail and quality craftsmanship throughout.
Upon entering, you are greeted by recessed LED lighting that illuminates the space, enhancing its welcoming ambience. The focal point of the living area is an elegant contemporary fireplace with marbled hearth and stone facade, adding warmth and sophistication to the room. The choice of durable cork flooring not only adds a unique touch but also ensures longevity and easy maintenance.
The bathrooms have undergone a stunning transformation, boasting glass tile, marble accents and vessel sinks. The master ensuite is a luxurious retreat, a walk-in closet and bathroom showcasing an oversized glass shower with a bench, providing both style and comfort.
The renovated kitchen offers modern graphite black quartz countertops, stainless steel Bosch appliances, floating walnut wood shelves, a breakfast nook with East facing window overlooks the pool with lush surroundings.
With all the tasteful upgrades in common areas on every level and desirable location of the community, this home offers a lifestyle of convenience and luxury.
Surrounded by prestigious and legendary institutions including CalTech (approximately 0.4 mile), Pasadena Playhouse (approximately 1.1 mile), Poly Technical Private School (approximately 0.2mile), Paseo Colorado, Rose Bowl, Old Town Pasadena, Norton Simon Museum, The Langham Huntington Pasadena hotel, Huntington Library & Botanical Gardens and JPL-Nasa in the charming city of Pasadena.

Last Agent to Sell the Property

Brenda Wong

Engel & Völkers Pasadena Brokerage Phone: 818-913-2296 License #02155584 Listed on: 02/27/2024

Engel & Völkers Pasadena

Last Buyer's Agent

Susie Aguirre

COMPASS License #01130705

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,295

Year Built

  • Built in 1974

Lot Details

  • 2.14

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available
  • Gated Parking

Home Design

  • Turnkey

Interior Spaces

  • 1,296 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Entryway
  • Family Room with Fireplace
  • Views of Meadow

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Balcony
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5327021075

Community Details

Overview

  • 80 Units
  • Lordon Association, Phone Number (626) 967-7921

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,295

Year Built

Built in 1974

Lot Details

0

HOA Fees

$600 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Digital door lock
  • Other Phone Description: 818-913-2296
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5327021075
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1296.00 Square Feet
  • Interior Amenities: Balcony, Wet Bar
  • Stories: 3
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Nook
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 636.57
  • Room Type: Entry, Family Room, Kitchen, Laundry, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Spa Features: Association, In Ground
  • Bathroom Features: Double Sinks In Primary Bath

Exterior Features

  • View: Meadow
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Gated, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 600.00
  • Association Fee Frequency: Monthly
  • Association Name: Lordon
  • Phone: 6269677921
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Lordon

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 93340.00
  • Lot Size Acres: 2.1428
  • Latitude Manual: 34.13315600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 93340.0000 Square Feet
  • Number Of Units In Community: 80
  • Number Of Units Total: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Apr 23, 2024
Sold by
Heredia Family Trust and Heredia Maria Cristina
Bought by
Heredia Family Trust and Heredia
Seller's Agent
Brenda Wong
Engel & Völkers Pasadena
Buyer's Agent
Susie Aguirre
COMPASS
List Price
$818,000
Sold Price
$825,000
Premium/Discount to List
$7,000
0.86%
Views
79
Current Estimated Value
$855,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,192
Avg. Annual Appreciation
2.55%
Original Mortgage
$660,000
Outstanding Balance
$651,115
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$204,077

Purchase Details

Listed on
Feb 27, 2024
Closed on
Mar 25, 2024
Sold by
Wang Hsiao-Cheng and Wu Shianling
Bought by
Heredia Family Trust and Heredia
Seller's Agent
Brenda Wong
Engel & Völkers Pasadena
Buyer's Agent
Susie Aguirre
COMPASS
List Price
$818,000
Sold Price
$825,000
Premium/Discount to List
$7,000
0.86%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$651,115
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$204,077

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jun 28, 2022
Sold by
Franklin Dsouza Anishka Ann
Bought by
Wang Hsiao-Cheng and Wu Shianling
Seller's Agent
Noel Ezekiel
Ezekiel & Associates Inc.
Buyer's Agent
Brenda Wong
Engel & Völkers Pasadena
List Price
$775,000
Sold Price
$803,000
Premium/Discount to List
$28,000
3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.59%

Purchase Details

Listed on
May 9, 2018
Closed on
May 18, 2018
Sold by
Hammer Ronald
Bought by
Souza Anishka Ann Franklin D
Seller's Agent
Kathy Gibson
COMPASS
Buyer's Agent
Sam Najarian
Redfin Corporation
List Price
$599,900
Sold Price
$630,000
Premium/Discount to List
$30,100
5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$598,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2013
Closed on
Sep 9, 2013
Sold by
Laverty Ross M
Bought by
Hammer Ronald and Hammer Jill
Seller's Agent
Tony Dowdy
Coldwell Banker Realty
Buyer's Agent
Kathy Gibson
COMPASS
List Price
$455,000
Sold Price
$455,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$409,500
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Heredia Family Trust -- Fidelity National Title
Heredia Family Trust $825,000 First American Title
Wang Hsiao-Cheng $803,000 Western Resources Title
Souza Anishka Ann Franklin D $630,000 Lawyers Title
Hammer Ronald $455,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heredia Family Trust $660,000
Previous Owner Dsouza Anishka Ann Franklin $585,000
Previous Owner Souza Anishka Ann Franklin D $598,500
Previous Owner Hammer Ronald E $90,300
Previous Owner Hammer Ronald $409,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $825,000 +0.9% $637 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $818,000 +1.9% $631 / Sq Ft
07/19/2022 07/19/22 Sold $803,000 +3.6% $620 / Sq Ft
06/15/2022 06/15/22 For Sale $775,000 +23.0% $598 / Sq Ft
06/14/2018 06/14/18 Sold $630,000 +5.0% $486 / Sq Ft
05/09/2018 05/09/18 For Sale $599,900 +31.8% $463 / Sq Ft
10/10/2013 10/10/13 Sold $455,000 0.0% $351 / Sq Ft
09/04/2013 09/04/13 Pending -- -- --
08/19/2013 08/19/13 For Sale $455,000 -- $351 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,295 $841,500 $582,726 $258,774
2024 $9,295 $819,060 $570,384 $248,676
2023 $9,216 $803,000 $559,200 $243,800
2022 $7,600 $675,485 $490,746 $184,739
2021 $7,286 $662,241 $481,124 $181,117
2020 $6,991 $655,451 $476,191 $179,260
2019 $7,008 $642,600 $466,854 $175,746
2018 $5,697 $490,199 $333,012 $157,187
2016 $5,509 $471,166 $320,082 $151,084
2015 $5,449 $464,090 $315,275 $148,815
2014 $5,336 $455,000 $309,100 $145,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF24038622

California Regional Multiple Listing Service (CRMLS)

APN: 5327-021-075