NOT LISTED FOR SALE

75 W Tremont St Pasadena, CA 91103

Muir Heights Neighborhood

Estimated Value: $1,090,000 - $1,636,000

4 Beds
2 Baths
2,168 Sq Ft
$627/Sq Ft Est. Value

Last Sold September 09, 2019

Last sale price $1,065,000 $491 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $8,207/month

72 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • Double Pane Windows
  • Spanish Architecture
  • Two Homes on a Lot
  • Recessed Lighting

About This Home

As of September 2019

Introducing this wonderful income opportunity in NW Pasadena. This Spanish Style Duplex offers comfort living with modern upgrades and located in one of the best cities in So Cal. These 2 units comprising of a complete rehab from top to bottom that feature all new electrical, plumbing, dual pane windows, recessed lighting, and energy efficient cooling/heating systems. Brand new kitchens and bathrooms in both units have custom modern finishes, stainless steel appliances, laundry hook ups in each, plenty of living space, and to top it all off with each unit having parking spaces with a generous size garage. Combining classic style with modern upgrades, this Pasadena Spanish Duplex is ideal for the long term investment that is worth the wait in finding this gem.

Last Agent to Sell the Property

Alexander Lozano

The Agency License #01848152 Listed on: 06/19/2019

The Agency

Co-Listed By

Autumn Davis

Berkshire Hathaway Home Services Golden Properties License #01438120

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 7,244 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Available
  • On-Street Parking

Home Design

  • Spanish Architecture
  • Flat Roof Shape
  • Raised Foundation
  • Frame Construction
  • Clay Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Living Room with Fireplace
  • Laminate Flooring
  • Mountain Views

Kitchen

  • Gas Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Homes

  • Two Homes on a Lot

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Private Water Source
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5836013023

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1924 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • View: Yes
  • Zoning: PSR1
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5836013023
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Full, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • View: Mountain(s)
  • Roof: Clay, Flat
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Private, Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Range, Refrigerator, Water Heater
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Inside, Stackable
  • Water Source: Private
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7244.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lot Size Area: 7244.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2019
Closed on
Jul 24, 2019
Sold by
Reid St Llc
Bought by
Martinelli Silvana and The Silvana Martinelli Trust
Seller's Agent
Alexander Lozano
The Agency
List Price
$1,075,000
Sold Price
$1,065,000
Premium/Discount to List
-$10,000
-0.93%
Current Estimated Value
$1,360,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,418
Avg. Annual Appreciation
3.93%
Original Mortgage
$360,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 3, 2018
Closed on
Jul 30, 2018
Sold by
Revocabl Aragon Raymond J and Revocabl Dolores Ann Silvestri
Bought by
Reid St Llc
Seller's Agent
Betty Del Rio
BEST MORTGAGE & REALTY
List Price
$775,000
Sold Price
$675,000
Premium/Discount to List
-$100,000
-12.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.61%
Original Mortgage
$630,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2011
Sold by
Silvestri Dolores A
Bought by
Silvestri Dolores Ann and The Dolores Ann Silvestri Revo

Purchase Details

Closed on
Nov 16, 2010
Sold by
Silvestri Delores and Guzman Jesus
Bought by
Silvestri Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
2.5%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Martinelli Silvana $1,065,000 Lawyers Title Company
Reid St Llc $675,000 Westminster Title Company
Silvestri Dolores Ann -- None Available
Silvestri Dolores -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinelli Silvana $360,000
Previous Owner Reid St Llc $630,000
Previous Owner Silvestri Dolores $555,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2019 09/09/19 Sold $1,065,000 -3.2% $491 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
07/22/2019 07/22/19 Price Changed $1,100,000 +7.3% $507 / Sq Ft
07/11/2019 07/11/19 Price Changed $1,025,000 -4.7% $473 / Sq Ft
06/19/2019 06/19/19 For Sale $1,075,000 +59.3% $496 / Sq Ft
09/27/2018 09/27/18 Sold $675,000 0.0% $311 / Sq Ft View Prior Sale
08/09/2018 08/09/18 Pending -- -- --
08/07/2018 08/07/18 Off Market $675,000 -- --
08/07/2018 08/07/18 For Sale $775,000 +14.8% $357 / Sq Ft
08/06/2018 08/06/18 Off Market $675,000 -- --
07/03/2018 07/03/18 For Sale $775,000 -- $357 / 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 $13,125 $1,164,730 $698,838 $465,892
2024 $13,125 $1,141,893 $685,136 $456,757
2023 $13,015 $1,119,503 $671,702 $447,801
2022 $12,565 $1,097,553 $658,532 $439,021
2021 $12,051 $1,076,033 $645,620 $430,413
2020 $11,566 $1,065,000 $639,000 $426,000
2019 $7,692 $675,000 $472,000 $203,000
2018 $3,636 $286,473 $165,273 $121,200
2017 $3,587 $280,857 $162,033 $118,824
2016 $3,492 $275,351 $158,856 $116,495
2015 $3,453 $271,216 $156,470 $114,746
2014 $3,396 $265,904 $153,405 $112,499
Source: Public Records

Agents Affiliated with this Home

  • Alexander Lozano

    Seller's Agent in 2019

    Alexander Lozano

    The Agency

    (626) 755-1532

    1 in this area

    49 Total Sales

    Alexander Lozano
    Section Image
  • Autumn Davis

    Seller Co-Listing Agent in 2019

    Autumn Davis

    Berkshire Hathaway Home Services Golden Properties

    (562) 708-2145

    1 in this area

    34 Total Sales

    Autumn Davis
    Section Image
  • Betty Del Rio

    Seller's Agent in 2018

    Betty Del Rio

    BEST MORTGAGE & REALTY

    (626) 625-2303

    15 Total Sales

    Betty Del Rio
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819002847

Pasadena-Foothills Association of REALTORS®

APN: 5836-013-023

California Los Angeles County Pasadena 91103 Muir Heights

75 W Tremont St, Pasadena, CA

Not Listed for Sale

MultiFamily

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