NOT LISTED FOR SALE

Estimated Value: $3,342,000 - $3,711,000

4 Beds
3.5 Baths
3,475 Sq Ft
$1,004/Sq Ft Est. Value

Last Sold August 26, 2024

Last sale price $3,500,000 $1,007 Per Sq Ft

Current estimated payment $20,666/month

8 Days on Market

Highlights

  • Attached Guest House
  • Heated In Ground Pool
  • Mediterranean Architecture
  • Blair High School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of August 2024

Nestled on a quiet, tree lined street in one of the most desired neighborhoods of Pasadena, Madison Heights. This beautiful, renovated Mediterranean residence offers rare proximity to the shops and restaurants on Lake Avenue as well as prestigious schools and colleges including Polytechnical and CalTech. Featuring a flexible floorplan including 4 spacious bedrooms & 2 renovated full baths on second floor. On the main level a beautiful formal dining and living room with original fireplace and large French casement windows and doors that walk directly out to a covered patio. A renovated kitchen with Wolf cooktop and double oven, an expansive island, wet bar, powder room and attached family room that also leads to the covered patio perfect for large gatherings and indoor/outdoor living. A recently permitted ADU with 3/4 bath for guests, in-laws or a legal rental finish off the main level. Outdoors is an entertainer's oasis with a recently constructed heated saltwater pool & spa with pergola, a covered patio area with built-in barbecue station and large flat yard. A 2-car carport with storage and opportunity to expand above complete the backyard. Current owner has further modernized home with all new permitted drains, water lines and water heater. Gated, private and serene this home with grand curb appeal awaits its future owner.

Last Agent to Sell the Property

Julia Allos

Compass License #01941011 Listed on: 07/17/2024

Compass

Last Buyer's Agent

Eva Lin

Lin Realty Group License #01817694

Lin Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,867

Year Built

  • Built in 1921 | Remodeled

Lot Details

  • 9,892 Sq Ft Lot
  • Lot Dimensions are 70x150
  • Gated Home
  • Historic Home
  • Property is zoned PSR6

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 3,475 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Basement

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Driveway

Pool

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

Additional Features

  • Attached Guest House
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5721-026-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,867

Year Built

Built in 1921 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3475
  • Lot Acreage: 0.2271
  • Lot Dimensions: 70x150
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1921
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood, Tile, Wood Laminate
  • Appliances: Double Oven, Cooktop - Gas, Microwave
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled
  • Three Quarter Bathrooms: 1
  • Eating Areas: Formal Dining Rm, Kitchen Island
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Refrigerator, Washer, Dryer
  • Fireplace: Yes
  • Price Per S Q F T: 934.96

Exterior Features

  • Other Features: Historical
  • Other Structures: None
  • Guest House: Attached
  • Pool Description: In Ground, Heated, Salt/Saline, Fenced
  • Pool: Yes
  • Spa: Heated, In Ground, Fenced
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Carport Spaces: 2
  • Parking Garage: Carport, Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5721-026-017
  • Lot Description: Fenced
  • Lot Size Area: 9892

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Aug 8, 2024
Sold by
Yee Ronald and Yee Lily
Bought by
Dermendjian Harout and Dermendjian Ariana
Seller's Agent
Julia Allos
Compass
Buyer's Agent
Eva Lin
Lin Realty Group
List Price
$3,249,000
Sold Price
$3,500,000
Premium/Discount to List
$251,000
7.73%
Views
79
Current Estimated Value
$3,488,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,399
Avg. Annual Appreciation
-0.28%
Original Mortgage
$2,000,000
Outstanding Balance
$1,977,455
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$1,511,146

Purchase Details

Listed on
Mar 26, 2024
Closed on
Mar 29, 2024
Sold by
Qimin And Chunjie Zhang Family Trust and Zhang Qimin
Bought by
Yee Ronald and Yee Lily
Seller's Agent
Alice Shyu
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Julia Allos
Compass
List Price
$3,200,000
Sold Price
$3,500,000
Premium/Discount to List
$300,000
9.38%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Jun 24, 2019
Sold by
Zhang Qimin and Zhang Chunjie
Bought by
Zhang Qimin and Zhang Chunjie

Purchase Details

Listed on
Mar 17, 2014
Closed on
Apr 29, 2014
Sold by
Genthner Peter W and Elo Margit E
Bought by
Zhang Qimin and Zhang Chunjie
Seller's Agent
Ted Clark
COMPASS
List Price
$1,895,000
Sold Price
$2,050,000
Premium/Discount to List
$155,000
8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
Original Mortgage
$500,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 14, 2013
Sold by
Genther Peter W and Elo Margit
Bought by
Genther Peter W and Elo Margit E

Purchase Details

Closed on
Nov 15, 2001
Sold by
Whitney William A and Whitney Rita J
Bought by
Genthner Peter W and Elo Margit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,000
Interest Rate
5.87%
Source: Public Records

Range of Values:

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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
Dermendjian Harout $3,500,000 Lawyers Title
Yee Ronald $3,500,000 Fidelity National Title
Zhang Qimin -- None Available
Zhang Qimin $2,050,000 Lawyers Title
Genther Peter W -- None Available
Genthner Peter W $845,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dermendjian Harout $2,000,000
Previous Owner Zhang Qimin $500,000
Previous Owner Genthner Peter W $676,000
Closed Genthner Peter W $126,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2024 08/26/24 Sold $3,500,000 +7.7% $1,007 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $3,249,000 +58.5% $935 / Sq Ft
05/22/2014 05/22/14 Sold $2,050,000 +8.2% $665 / Sq Ft View Prior Sale
04/18/2014 04/18/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $1,895,000 -- $614 / Sq Ft
Source: The MLS

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 $28,867 $3,500,000 $3,033,600 $466,400
2024 $28,867 $2,575,890 $1,682,553 $893,337
2023 $28,629 $2,525,383 $1,649,562 $875,821
2022 $26,423 $2,368,067 $1,617,218 $750,849
2021 $25,338 $2,321,635 $1,585,508 $736,127
2019 $24,337 $2,252,776 $1,538,482 $714,294
2018 $24,922 $2,208,605 $1,508,316 $700,289
2016 $24,182 $2,122,845 $1,449,748 $673,097
2015 $23,921 $2,090,959 $1,427,972 $662,987
2014 $11,757 $1,018,312 $723,064 $295,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-416357

The MLS

APN: 5721-026-017