$920,000
SOLD NOV 8, 2024

Kay Murphy Condos 700 S Lake Ave Unit 308 Pasadena, CA 91106

2 Beds
2 Baths
1,454 Sq Ft
$600/mo HOA Fee

Recently Sold

$633 Per Sq Ft

3% Below List Price

43 Days on Market

Highlights

  • No Units Above
  • 2.14 Acre Lot
  • Neighborhood Views
  • Blair High School Rated A-
  • Main Floor Bedroom
  • Community Pool

About This Home

As of November 2024

Welcome to this elegant 2-bedroom, 2-bathroom condominium located in the heart of Pasadena’s sought-after Lake Avenue district. Nestled on the top floor of a secure and well-maintained building, this spacious unit offers the perfect blend of modern comfort and urban convenience. Step inside to be greeted by an open and airy floor plan, complemented by abundant natural light pouring in through large windows. The living area is generously sized, perfect for relaxing or entertaining, and flows seamlessly into a private balcony where you can enjoy views of the surrounding neighborhood. The kitchen features sleek countertops, stainless steel appliances, and plenty of cabinet space, making meal preparation a delight. Both bedrooms are spacious retreats, Additional highlights include in-unit laundry, central air and heating, and two secure parking spaces in the gated garage. Close to everything in Pasadena!

Last Agent to Sell the Property

Steven Jiang

UNIVERSAL ELITE REALTY Brokerage Phone: 626-551-1332 License #01972773 Listed on: 09/09/2024

UNIVERSAL ELITE REALTY

Last Buyer's Agent

Jocelyn Woo

Harcourts Cornerstone Realty Group License #02138786

Harcourts Cornerstone Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,131

Year Built

  • Built in 1974

Lot Details

  • No Units Above
  • End Unit
  • Two or More Common Walls

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Property Views

  • Neighborhood
  • Courtyard

Interior Spaces

  • 1,454 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room with Fireplace

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31320
  • Assessor Parcel Number 5327021096
  • $332 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 79 Units
  • 700 S Lake Association, Phone Number (626) 967-7921
  • Lordon Management HOA

Recreation

  • Community Pool

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,131

Year Built

Built in 1974

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: PSR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5327021096
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1454.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls, End Unit, No One Above
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 632.74
  • Room Type: All Bedrooms Down, Entry, Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom
  • Bathroom Features: Bathtub

Exterior Features

  • View: Courtyard, Neighborhood
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Insurance, Trash, Sewer, Water, Controlled Access
  • Association Fee: 600.00
  • Association Fee Frequency: Monthly
  • Association Name: 700 S Lake
  • Phone: 626-967-7921
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Lordon Management

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 93368.00
  • Lot Size Acres: 2.1434

Multi Family

  • Lease Considered: No
  • Lot Size Area: 93368.0000 Square Feet
  • Number Of Units In Community: 79
  • Number Of Units Total: 79

Tax Info

  • Tax Census Tract: 4635.00
  • Tax Lot: 1
  • Tax Tract Number: 31320
  • TaxOtherAnnualAssessmentAmount: 332.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Oct 23, 2024
Sold by
Pei Yanhui
Bought by
Peter Chi Wai Lin And Michelle Mei Seung Lin and Lin
Seller's Agent
Steven Jiang
UNIVERSAL ELITE REALTY
Buyer's Agent
Jocelyn Woo
Harcourts Cornerstone Realty Group
List Price
$950,000
Sold Price
$920,000
Premium/Discount to List
-$30,000
-3.16%
Views
44
Current Estimated Value
$944,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,010
Avg. Annual Appreciation
3.75%

Purchase Details

Closed on
Oct 4, 2017
Sold by
Blankinship Richard
Bought by
Pei Yanhui

Purchase Details

Closed on
Aug 18, 2003
Sold by
Blankinship Richard
Bought by
Blankinship Richard and Richard Blankinship Trust

Purchase Details

Closed on
Mar 28, 2003
Sold by
Blankinship Kathryn
Bought by
Blankinship Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.73%

Purchase Details

Closed on
Mar 17, 2003
Sold by
Liberman Moritz and Liberman Emilia
Bought by
Blankinship Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.73%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $920,000 Provident Title Company
Grant Deed $720,000 Fidelity Sherman Oaks
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Equity Title Company
Grant Deed $361,500 Equity Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $105,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $920,000 -3.2% $633 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $950,000 -- $653 / 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
2024 $9,131 $803,171 $557,758 $245,413
2023 $9,054 $787,423 $546,822 $240,601
2022 $8,738 $771,984 $536,100 $235,884
2021 $8,379 $756,848 $525,589 $231,259
2019 $8,061 $734,400 $510,000 $224,400
2018 $8,248 $720,000 $500,000 $220,000
2016 $2,024 $159,165 $63,936 $95,229
2015 $2,002 $156,775 $62,976 $93,799
2014 $1,969 $153,705 $61,743 $91,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24187589

California Regional Multiple Listing Service (CRMLS)

APN: 5327-021-096