NOT LISTED FOR SALE

718 N Raymond Ave Unit 7 Pasadena, CA 91103

Orange Heights Neighborhood

Estimated Value: $455,685 - $554,000

2 Beds
1 Bath
775 Sq Ft
$175/ mo HOA Fee

Last Sold May 16, 2014

Last sale price $265,000 $342 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,125/month

13 Days on Market

Highlights

  • End Unit
  • Living Room
  • Tile Flooring
  • Fireplace
  • Laundry Room
  • Central Air

About This Home

As of May 2014

Very Cute approximately 800 sqft. condominium in Pasadena with a low HOA of $175 a month! WET PAINT! This condo has been recently renovated and it's very well maintained. Ready to move in!! Just blocks away from Old town Pasadena, Metro, Colorado Blvd, coffees, shops, university, college, movies, restaurants, etc..... Spacious and bright unit located on ground level. Featuring title and wood floors. Large living room. The kitchen has very nice cabinet space and is equipped with stove and microwave. Brand new water heater recently installed. Brand new double panel windows. Central A/C and heat. Good size 2 bedrooms with good closet space. Additional spacious closet located off the hallway and next to front door. One car covered parking. Right outside the unit there is a very cute private laundry room with a new washer and a new dryer (laundry room can also be converted into a small office or even relax room). Perfect for 1st time home buyer or Investors looking for a good & safe return!

Last Agent to Sell the Property

Aram Abrahamian

No Firm Affiliation License #01783343 Listed on: 03/11/2014

Last Buyer's Agent

Denise Masuda

OC LA Realty License #01708243

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $175 Monthly HOA Fees

Interior Spaces

  • 775 Sq Ft Home
  • Fireplace
  • Living Room
  • Tile Flooring

Kitchen

  • Gas Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Air

Community Details

  • 11 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 40441
  • Assessor Parcel Number 5725010063

Property Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

0.41 Acres

HOA Fees

$175 per month

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5725010063
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 775.00
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 341.94
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Laundry: Yes
  • Appliances: Gas Cooktop, Microwave
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 175.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 11
  • Number Of Units Total: 11

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 40441

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2014
Closed on
Apr 25, 2014
Sold by
Fcb Mcallister & Associates Llc
Bought by
Gordo Patricio
Seller's Agent
Aram Abrahamian
No Firm Affiliation
Buyer's Agent
Denise Masuda
OC LA Realty
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$506,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,171
Avg. Annual Appreciation
5.62%
Original Mortgage
$251,750
Outstanding Balance
$191,161
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$315,010

Purchase Details

Listed on
Mar 11, 2014
Closed on
Apr 4, 2014
Sold by
Gordo Patricio
Bought by
Cuaresma Corazon
Seller's Agent
Aram Abrahamian
No Firm Affiliation
Buyer's Agent
Denise Masuda
OC LA Realty
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Outstanding Balance
$191,161
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$315,010

Purchase Details

Listed on
Jun 3, 2013
Closed on
Nov 18, 2013
Sold by
Syiau Tin Jon
Bought by
Gordo Patricio
Seller's Agent
Peggy Fong Chen
Re/Max Omega
Buyer's Agent
Peggy Fong Chen
Re/Max Omega
List Price
$238,000
Sold Price
$195,000
Premium/Discount to List
-$43,000
-18.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
97.71%
Original Mortgage
$156,000
Interest Rate
9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2013
Closed on
Nov 12, 2013
Sold by
Marquez Georgina
Bought by
Gordo Patricio
Seller's Agent
Peggy Fong Chen
Re/Max Omega
Buyer's Agent
Peggy Fong Chen
Re/Max Omega
List Price
$238,000
Sold Price
$195,000
Premium/Discount to List
-$43,000
-18.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2013
Closed on
Oct 11, 2013
Sold by
Syiau Tin Jon
Bought by
Fcb Mcallister & Associates Llc
Seller's Agent
Peggy Fong Chen
Re/Max Omega
Buyer's Agent
Peggy Fong Chen
Re/Max Omega
List Price
$238,000
Sold Price
$195,000
Premium/Discount to List
-$43,000
-18.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2011
Sold by
Chang John and Wang Jerry
Bought by
Syiau Tin Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2010
Sold by
Estreller Freya S
Bought by
Chang John and Wang Jerry

Purchase Details

Closed on
Oct 2, 2006
Sold by
Soto Abel
Bought by
Estreller Freya S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
7.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 14, 2004
Sold by
Villalva Alicia and Basilio Bersabeth
Bought by
Soto Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2004
Sold by
Soto Sandra
Bought by
Soto Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 1999
Sold by
Hernandez Ruben Ruiz
Bought by
Villalva Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,900
Interest Rate
6.76%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 1997
Sold by
Valadez Lucrecia
Bought by
Hernandez Ruben Ruiz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,250
Interest Rate
7.74%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 1997
Sold by
Hud
Bought by
Hernandez Ruben Ruiz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,250
Interest Rate
7.74%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 1996
Sold by
Lemus Douglas B and Lemus Luz Carmen
Bought by
Midfirst Bank and Midfirst Bank State Svgs Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gordo Patricio -- Ticor Title Company Of Ca
Cuaresma Corazon $265,000 Chicago Title Company
Gordo Patricio $195,000 Ticor Title Co
Gordo Patricio -- Ticor Title Co
Fcb Mcallister & Associates Llc $195,000 None Available
Syiau Tin Jon $160,000 Usa National Title Company
Chang John -- None Available
Estreller Freya S $318,000 Southland Title Corporation
Soto Abel $212,000 Southland Title Company
Villalva Alicia -- Southland Title Company
Soto Abel -- Southland Title Company
Villalva Alicia $70,000 Chicago Title Insurance
Hernandez Ruben Ruiz -- California Counties Title Co
Hernandez Ruben Ruiz $54,500 California Counties Title Co
Midfirst Bank $90,734 Stewart Title
Hud -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuaresma Corazon $251,750
Previous Owner Gordo Patricio $156,000
Previous Owner Syiau Tin Jon $128,000
Previous Owner Estreller Freya S $254,400
Previous Owner Soto Abel $169,600
Previous Owner Villalva Alicia $67,900
Previous Owner Hernandez Ruben Ruiz $53,250
Closed Soto Abel $42,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2014 05/16/14 Sold $265,000 0.0% $342 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $265,000 +35.9% $342 / Sq Ft
12/04/2013 12/04/13 Sold $195,000 -1.5% $252 / Sq Ft View Prior Sale
09/30/2013 09/30/13 Pending -- -- --
07/09/2013 07/09/13 Price Changed $198,000 -16.8% $255 / Sq Ft
06/03/2013 06/03/13 For Sale $238,000 -- $307 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,792 $324,841 $193,189 $131,652
2024 $3,792 $318,472 $189,401 $129,071
2023 $3,759 $312,229 $185,688 $126,541
2022 $3,630 $306,108 $182,048 $124,060
2021 $3,484 $300,107 $178,479 $121,628
2019 $3,356 $291,207 $173,186 $118,021
2018 $3,410 $285,498 $169,791 $115,707
2016 $3,292 $274,414 $163,199 $111,215
2015 $3,255 $270,293 $160,748 $109,545
2014 -- $195,000 $92,700 $102,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Aram Abrahamian

    No Firm Affiliation

  • D

    Buyer's Agent in 2014

    Denise Masuda

    OC LA Realty

  • Peggy Fong Chen

    Seller's Agent in 2013

    Peggy Fong Chen

    RE/MAX

    (626) 378-9800

    71 Total Sales

    Peggy Fong Chen
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14050564

California Regional Multiple Listing Service (CRMLS)

APN: 5725-010-063

California Los Angeles County Pasadena 91103 Orange Heights

718 N Raymond Ave Unit 7, Pasadena, CA

Not Listed for Sale

Condos

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