NOT LISTED FOR SALE

720 S Marengo Ave Unit 4 Pasadena, CA 91106

Madison Heights Neighborhood

Estimated Value: $812,000 - $1,008,000

3 Beds
2.5 Baths
1,328 Sq Ft
0.25 Acres

Last Sold November 26, 2019

Last sale price $650,000 $489 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,338/month

Highlights

  • Neighborhood Views
  • 4-minute walk to Fillmore Station
  • Central Heating and Cooling System
  • Laundry Room

About This Home

As of January 2025

Beautiful townhome located in the Madison Heights neighborhood of Pasadena. Brand new flooring and paint. Perfectly situated in the interior of the complex and is one of eight units with no one above or below. 3 bedrooms and 2.5 bathrooms. The entry leads to a spacious living room that features recessed lighting and adjacent dining area. There are sliding doors for easy access to the private, gated front patio. The second floor features newer flooring, two guest bedrooms, a recently remodeled bathroom, and a master en-suite with a balcony. This home features an abundance of storage space throughout the living area and also includes a bonus storage room in the gated garage. In unit laundry, washer, dryer, and refrigerator are included. Very convenient location. Exceptional walkability to Trader Joe's, Whole Foods, assortment of dining options, Metro Gold Line Fillmore Station, close to Old Town Pasadena, Paseo, Cal-Tech, PCC, and the 110 and 210 Freeways.

Last Agent to Rent the Property

Helen Lee

Coldwell Banker Tri-Counties R Brokerage Phone: 310-739-6457 License #01932870 Listed on: 11/21/2024

Coldwell Banker Tri-Counties R

Co-Listed By

Peter Lee

Coldwell Banker Tri-Counties R Brokerage Phone: 310-739-6457 License #02179471

Last Renter's Agent

Helen Lee

Coldwell Banker Tri-Counties R Brokerage Phone: 310-739-6457 License #01932870 Listed on: 11/21/2024

Coldwell Banker Tri-Counties R

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • 0.25

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,328 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Additional Features

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

Community Details

  • Property has a Home Owners Association
  • 8 Units

Listing and Financial Details

  • Security Deposit $4,000
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 9/10/24
  • Tax Lot 1
  • Tax Tract Number 37991
  • Assessor Parcel Number 5720026024

Condo Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-09-10
  • Credit Check Paid By: Tenant
  • Deposit Security: 4000
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Inclusions: Washer, Dryer, Refrigerator
  • Property Attached: Yes
  • View: Yes
  • Zoning: PSR*
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5720026024
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1328.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3.14
  • Room Type: All Bedrooms Up, Kitchen, Laundry

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 11067.00
  • Lot Size Acres: 0.2541

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 11067.0000 Square Feet
  • Number Of Units In Community: 8
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 4640.00
  • Tax Lot: 1
  • Tax Tract Number: 37991

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Oct 31, 2019
Sold by
Lin Daniel Tzer Wei
Bought by
Zhang Bin and Zhang Yuqiu
Seller's Agent
Marshall mar
Marshall Mar, Broker
Buyer's Agent
Peter Qian
PACIFIC STERLING REALTY/Irvine
List Price
$664,000
Sold Price
$650,000
Premium/Discount to List
-$14,000
-2.11%
Current Estimated Value
$900,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,026
Avg. Annual Appreciation
5.41%

Purchase Details

Listed on
Dec 2, 2014
Closed on
Dec 18, 2014
Sold by
Hakim Hooman
Bought by
Lin Daniel Tzer Wei
Seller's Agent
Sandro Bononi
Luxury Collective
Buyer's Agent
Steven Daly
Coldwell Banker
List Price
$559,000
Sold Price
$548,500
Premium/Discount to List
-$10,500
-1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%

Purchase Details

Closed on
Jan 20, 2012
Sold by
Federal National Mortgage Association
Bought by
Hakim Hooman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2011
Sold by
Crick Ian A
Bought by
Fannie Mae

Purchase Details

Closed on
Jun 27, 2007
Sold by
Watson Windy
Bought by
Crick Ian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2005
Sold by
Beasley Duane Kevin
Bought by
Crick Ian A and Watson Windy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,800
Interest Rate
4.83%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 16, 2002
Sold by
Held Thomas William
Bought by
Beasley Duane Kevin and Beasley Tara Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.75%

Purchase Details

Closed on
Jun 2, 1999
Sold by
Noguni June
Bought by
Held Thomas William and Hwang Jane Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
7.2%

Purchase Details

Closed on
Jun 2, 1994
Sold by
Alle Joseph M
Bought by
Noguni June and Noguni Naomi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Zhang Bin $650,000 Stewart Title Of Ca Inc
Lin Daniel Tzer Wei -- Stewart Title Of Ca Inc
Lin Daniel Tzer Wei $548,500 Priority Title
Hakim Hooman $355,000 Servicelink
Fannie Mae $468,313 Accommodation
Crick Ian A -- United Title Co Smart Div
Crick Ian A $491,000 Fidelity Van Nuys
Beasley Duane Kevin $275,000 Southland Title
Held Thomas William $178,000 Orange Coast Title
Noguni June $155,000 Pacific Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hakim Hooman $319,500
Previous Owner Crick Ian A $400,000
Previous Owner Crick Ian A $392,800
Previous Owner Beasley Duane Kevin $220,000
Previous Owner Held Thomas William $142,400
Previous Owner Noguni June $124,000
Closed Held Thomas William $18,150
Closed Beasley Duane Kevin $41,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2025 01/16/25 Rented $4,200 +10.5% --
11/21/2024 11/21/24 For Rent $3,800 -6.2% --
09/15/2023 09/15/23 Rented $4,050 +3.8% --
08/11/2023 08/11/23 For Rent $3,900 0.0% --
08/10/2023 08/10/23 Off Market $3,900 -- --
07/28/2023 07/28/23 For Rent $3,900 +32.2% --
02/16/2021 02/16/21 Rented $2,950 -6.3% --
12/12/2020 12/12/20 Price Changed $3,150 -8.7% $2 / Sq Ft
11/30/2020 11/30/20 Price Changed $3,450 -2.8% $3 / Sq Ft
11/23/2020 11/23/20 For Rent $3,550 +1.6% --
01/07/2020 01/07/20 Rented $3,495 0.0% --
01/02/2020 01/02/20 Price Changed $3,495 -2.8% $3 / Sq Ft
11/29/2019 11/29/19 For Rent $3,595 0.0% --
11/26/2019 11/26/19 Sold $650,000 -2.1% $489 / Sq Ft View Prior Sale
10/22/2019 10/22/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $664,000 +21.1% $500 / Sq Ft
01/26/2015 01/26/15 Sold $548,500 -1.9% $413 / Sq Ft View Prior Sale
12/15/2014 12/15/14 Pending -- -- --
12/02/2014 12/02/14 For Sale $559,000 -- $421 / 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 $7,967 $710,865 $488,966 $221,899
2024 $7,967 $696,928 $479,379 $217,549
2023 $7,900 $683,264 $469,980 $213,284
2022 $7,625 $669,867 $460,765 $209,102
2021 $7,312 $656,733 $451,731 $205,002
2019 $6,547 $590,944 $391,521 $199,423
2018 $6,688 $579,358 $383,845 $195,513
2016 $6,472 $556,863 $368,941 $187,922
2015 $4,407 $371,008 $196,791 $174,217
2014 $4,318 $363,742 $192,937 $170,805
Source: Public Records

Agents Affiliated with this Home

  • Helen Lee

    Landlord's Agent in 2025

    Helen Lee

    Coldwell Banker Tri-Counties R

    (310) 739-6457

    1 in this area

    40 Total Sales

    Helen Lee
    Section Image

  • P

    Landlord's Co-Listing Agent in 2025

    Peter Lee

    Coldwell Banker Tri-Counties R

    (626) 341-2092

    4 Total Sales

    Peter Lee
    Section Image

  • C

    Seller's Agent in 2021

    Cong Du

    Cong Du, Broker

  • M

    Seller's Agent in 2019

    Marshall mar

    Marshall Mar, Broker

    (626) 446-8999

    11 Total Sales

    Marshall mar
    Section Image

  • T

    Seller Co-Listing Agent in 2019

    Tina Wu

    Harvest Realty Development

    Section Image
  • Peter Qian

    Buyer's Agent in 2019

    Peter Qian

    PACIFIC STERLING REALTY/Irvine

    135 Total Sales

    Peter Qian
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR24238184

California Regional Multiple Listing Service (CRMLS)

APN: 5720-026-024

California Los Angeles County Pasadena 91106 Madison Heights

720 S Marengo Ave Unit 4, Pasadena, CA

Not Listed for Sale

Condos

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