NOT LISTED FOR SALE

700 S Lake Ave Unit 220 Pasadena, CA 91106

Estimated Value: $993,000 - $1,040,000

2 Beds
2.5 Baths
1,583 Sq Ft
$600/mo HOA Fee

Last Sold April 08, 2024

Last sale price $985,000 $622 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,702/month

22 Days on Market

Highlights

  • Heated In Ground Pool
  • Gated Community
  • Contemporary Architecture
  • Gated Parking
  • View of Trees or Woods
  • Wood Flooring

About This Home

As of April 2024

Nestled along Lake Avenue, this gated condominium offers a serene retreat with tree-top views and unmatched convenience. Situated on the second floor, the quiet end unit, with no one next to the unit on either side, features two bedrooms and two and a half baths, providing ample living space. Upon entry, a bonus guest bathroom enhances daily convenience, while the expansive living room warmed by a gas fireplace, leads to a private balcony enveloped in lush greenery. Hardwood floors throughout the main living area. A dedicated office space or den area complements the living room, offering versatility. The primary bedroom boasts tranquility with a large en suite bathroom and spacious closet. The well-appointed kitchen, with stainless steel appliances, seamlessly transitions into a delightful dining area. In-unit washer and dryer, subterranean garage with parking for two cars and additional storage. No steps from garage to unit. Elevator. Refreshing pool and spa. Convenience is unparalleled, with Peet's Coffee and Starbucks across the street, Caltech and Polytechnic School nearby and minutes to Old Town.Offers reviewed as they come in.

Last Agent to Sell the Property

Pamela Hillings Tegtmeyer

Coldwell Banker Realty Brokerage Phone: (626) 833-3868 License #01463165 Listed on: 03/12/2024

Coldwell Banker Realty

Last Buyer's Agent

Sarah Rogers

The Agency License #01201812

The Agency

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • No Common Walls
  • West Facing Home
  • Landscaped
  • Sprinklers on Timer

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Gated Parking

Property Views

  • Woods
  • Pool
  • Courtyard

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Bitumen Roof

Interior Spaces

  • 1,583 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Gas Fireplace
  • Shutters
  • Custom Window Coverings
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Den
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Corian Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Central Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3132
  • Assessor Parcel Number 5327021080

Community Details

Overview

  • 80 Units
  • 700 South Lake Avenue Association, Phone Number (626) 967-7921
  • Lordon Management Company HOA

Amenities

  • Service Entrance

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: All light fixtures included.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Gated Community
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5327021080
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1583.00 Square Feet
  • Interior Amenities: Crown Molding, Corian Counters, Balcony, Living Room Balcony
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Double Door Entry, Service Entrance, Sliding Doors
  • Eating Area: In Kitchen
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Price Per Square Foot: 584.33
  • Room Type: Den, Primary Bathroom, Main Floor Primary Bedroom, Main Floor Bedroom, Laundry, Kitchen, All Bedrooms Down, Walk-In Closet, Living Room, Entry
  • Spa Features: Association, In Ground
  • Window Features: Custom Covering, Shutters
  • Bathroom Features: Shower In Tub, Bathtub, Shower
  • Room Kitchen Features: Corian Counters

Exterior Features

  • Patio: No
  • Direction Faces: West
  • Foundation: Block
  • View: Courtyard, Trees/Woods, Pool
  • Fence: No
  • Pool Features: Fenced, In Ground, Heated
  • Pool Private: Yes
  • Roof: Bitumen
  • Spa: Yes
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Gated, Subterranean, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Built-In Range, Water Heater Central, Range Hood, Microwave, Electric Range, Electric Oven, Vented Exhaust Fan, Refrigerator, Freezer
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 600.00
  • Association Fee Frequency: Monthly
  • Association Name: 700 South Lake Avenue
  • Phone: 626-967-7921
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Sidewalks, Suburban, Street Lights, Curbs
  • Association Management: Lordon Management Company

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped, Sprinklers Timer

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 80

Tax Info

  • Tax Lot: 3132
  • Tax Tract: 31320

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Apr 2, 2024
Sold by
Linares Anthony J and Linares Martha G
Bought by
Bogaard Jennine
Seller's Agent
Pamela Hillings Tegtmeyer
Coldwell Banker Realty
Buyer's Agent
Sarah Rogers
The Agency
List Price
$925,000
Sold Price
$985,000
Premium/Discount to List
$60,000
6.49%
Views
80
Current Estimated Value
$1,019,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,763
Avg. Annual Appreciation
1.98%

Purchase Details

Listed on
Jul 9, 2020
Closed on
Sep 18, 2020
Sold by
Guan Karen
Bought by
Linares Anthony J
Seller's Agent
Carol Thomson
Berkshire Hathaway Home Servic
Buyer's Agent
Angel Johnson Rooker
Real Estate Heaven
List Price
$799,000
Sold Price
$765,000
Premium/Discount to List
-$34,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$565,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2020
Closed on
Aug 18, 2020
Sold by
Johnson Ruth S and Ruth S Johnson Trust
Bought by
Linares Martha G and Linares Antonio P
Seller's Agent
Carol Thomson
Berkshire Hathaway Home Servic
Buyer's Agent
Angel Johnson Rooker
Real Estate Heaven
List Price
$799,000
Sold Price
$765,000
Premium/Discount to List
-$34,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2010
Sold by
Johnson Ruth S and Johnson Ruth Seymour
Bought by
Johnson Ruth S and Ruth S Johnson Trust

Purchase Details

Closed on
May 5, 2009
Sold by
Burns Robert D and Estate Of Nancy B Lowenstein
Bought by
Burns Robert D

Purchase Details

Closed on
Jul 20, 2006
Sold by
Santy Ross Coleman and Santy Michele Leonetti
Bought by
Johnson Ruth Seymour

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2004
Sold by
Santy Ross and Santy Michele
Bought by
Santy Ross Coleman

Purchase Details

Closed on
Apr 8, 2002
Sold by
Cheng James K and Cheng Lily C
Bought by
Santy Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,800
Interest Rate
6.89%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 25, 2001
Sold by
Cheng James K and Cheng Lily C
Bought by
Cheng James K
Source: Public Records

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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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
Bogaard Jennine $985,000 Chicago Title Company
Linares Anthony J -- Fidelity National Title Co
Linares Martha G $765,000 Fidelity National Title Co
Johnson Ruth S -- None Available
Burns Robert D -- None Available
Burns Robert D -- None Available
Johnson Ruth Seymour $625,000 Southland Title Corporation
Santy Ross Coleman -- --
Santy Ross $322,500 North American Title Co
Cheng James K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Linares Martha G $565,000
Previous Owner Johnson Ruth Seymour $500,000
Previous Owner Santy Ross $257,800
Closed Santy Ross $32,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2024 04/08/24 Sold $985,000 +6.5% $622 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $925,000 +20.9% $584 / Sq Ft
09/23/2020 09/23/20 Sold $765,000 -4.3% $483 / Sq Ft View Prior Sale
08/08/2020 08/08/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $799,000 -- $505 / 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 $9,235 $1,004,700 $732,258 $272,442
2024 $9,235 $811,822 $593,638 $218,184
2023 $9,925 $795,905 $581,999 $213,906
2022 $9,606 $780,300 $570,588 $209,712
2021 $9,242 $765,000 $559,400 $205,600
2020 $8,913 $765,656 $586,066 $179,590
2019 $8,935 $750,644 $574,575 $176,069
2018 $9,123 $735,926 $563,309 $172,617
2016 $9,016 $672,000 $515,000 $157,000
2015 $7,427 $646,000 $495,000 $151,000
2014 $6,860 $597,000 $457,900 $139,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-16825

Pasadena-Foothills Association of REALTORS®

APN: 5327-021-080