NOT LISTED FOR SALE

786 E California Blvd Unit 2 Pasadena, CA 91106

Madison Heights Neighborhood

Estimated Value: $872,947 - $933,000

2 Beds
2.5 Baths
1,366 Sq Ft
$665/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $789,000 $578 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,095/month

6 Days on Market

Highlights

  • No Units Above
  • 0.97 Acre Lot
  • Balcony
  • Primary Bedroom Suite
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of August 2020

Location. Location. Location! Lovely 2 bedroom, 3 bath end-unit in highly desirable Madison Heights! If working from home is your current gig, check-out this property. With just one common wall, this bright and quiet unit offers the ideal set-up. Another plus: enviable Walkscores of 89 (Walk) and 78 (Bike). Close to Lake Avenue and Caltech, errands, shopping, and dining (take your mask) will be a breeze. Open concept aptly describes the downstairs floor plan. In the living room, beautiful French doors open wide to a delightful private patio. Surrounded by mature trees, enjoy warm SoCal summer evenings at their best. The kitchen is painted a clean, crisp white, and ample cupboards store all your cooking gadgets. Upstairs, a vaulted ceiling adds to the already spacious master bedroom. And there is more: a walk-in closet, light-filled shower, and a large tree-top balcony, when a moment of serenity is called-for. Bedroom two has an en suite bathroom and a custom Cherry wood built-in desk and Murphy bed. Designed in Craftsman style architecture, this lovely complex is gated with security entrances for pedestrians and autos. Additional Noteworthy features include: Maple hardwood floors, Baldwin hardware, plantation shutters, laundry room, and huge 2-car garage with storage cabinets. You. Here. Now. Make your appointment today!

Last Agent to Sell the Property

Peter Loeffler

RE/MAX PREMIER/SANMARINO License #00913919 Listed on: 06/18/2020

RE/MAX PREMIER/SANMARINO

Last Buyer's Agent

Jennifer Yeon

Re/Max Tri-City Realty License #01030446

Re/Max Tri-City Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1988

Lot Details

  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Turnkey

Interior Spaces

  • 1,366 Sq Ft Home
  • Recessed Lighting
  • Living Room with Fireplace
  • Wood Flooring
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Balcony

Schools

  • Pasadena High School

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 32051
  • Assessor Parcel Number 5721022045

Community Details

Overview

  • 18 Units
  • Cedar Ridge Association, Phone Number (626) 831-3338
  • Bevan & Brock HOA
  • Maintained Community

Recreation

  • Bike Trail

Security

  • Controlled Access

Townhouse Details

Home Type

Townhome

Year Built

Built in 1988

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: PSR1
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5721022045
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1366.00 Square Feet
  • Interior Amenities: Balcony, Recessed Lighting, Tile Counters
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Flooring: Wood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 577.60
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Two Masters

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Water, Controlled Access
  • Association Fee: 500.00
  • Association Fee Frequency: Monthly
  • Association Name: Cedar Ridge
  • Phone: 6268313338
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Sidewalks
  • Association Management: Bevan & Brock

Schools

  • High School: Pasadena
  • High School2: PASADE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 42163.00
  • Lot Size Acres: 0.9679

Multi Family

  • Lease Considered: No
  • Lot Size Area: 42163.0000 Square Feet
  • Number Of Units In Community: 18
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4640.00
  • Tax Lot: 1
  • Tax Tract Number: 32051

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Jul 15, 2020
Sold by
Park Gyeongsuk
Bought by
Im Hong Sik
Seller's Agent
Peter Loeffler
RE/MAX PREMIER/SANMARINO
Buyer's Agent
Jennifer Yeon
Re/Max Tri-City Realty
List Price
$798,000
Sold Price
$789,000
Premium/Discount to List
-$9,000
-1.13%
Current Estimated Value
$919,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,382
Avg. Annual Appreciation
2.63%
Original Mortgage
$710,000
Outstanding Balance
$629,581
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$278,656

Purchase Details

Listed on
Jun 18, 2020
Closed on
Jul 1, 2020
Sold by
Hilliard Lonnie A and Larsen Terry J
Bought by
Im Hong Sik
Seller's Agent
Peter Loeffler
RE/MAX PREMIER/SANMARINO
Buyer's Agent
Jennifer Yeon
Re/Max Tri-City Realty
List Price
$798,000
Sold Price
$789,000
Premium/Discount to List
-$9,000
-1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Outstanding Balance
$629,581
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$278,656

Purchase Details

Closed on
Mar 11, 2014
Sold by
Larsen Terry J
Bought by
Hilliard/Larsen Trust

Purchase Details

Closed on
Sep 5, 2003
Sold by
Larsen Terry J
Bought by
Larsen Terry J and The Terry J Larsen Trust

Purchase Details

Closed on
Jul 3, 2003
Sold by
Larsen Terry J
Bought by
Larsen Terry J and Hilliard Lonnie A

Purchase Details

Closed on
Nov 11, 2002
Sold by
Larsen Terry J
Bought by
Larsen Terry J and Hilliard Lonnie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
5.88%

Purchase Details

Closed on
Sep 1, 2000
Sold by
Larsen Terry J
Bought by
Larsen Terry J and The Terry J Larsen Trust

Purchase Details

Closed on
Mar 29, 1996
Sold by
Brenner Richard J
Bought by
Larsen Terry J and Hilliard Lonnie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.84%
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
Im Hong Sik -- Fidelity National Title Co
Im Hong Sik $789,000 Fidelity National Title Co
Hilliard/Larsen Trust -- None Available
Larsen Terry J -- --
Larsen Terry J -- --
Larsen Terry J -- --
Larsen Terry J -- --
Larsen Terry J -- --
Larsen Terry J $235,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Im Hong Sik $710,000
Previous Owner Larsen Terry J $202,500
Previous Owner Larsen Terry J $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $789,000 -1.1% $578 / Sq Ft
06/18/2020 06/18/20 For Sale $798,000 -- $584 / 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 $9,441 $854,037 $668,834 $185,203
2024 $9,441 $837,292 $655,720 $181,572
2023 $9,359 $820,875 $642,863 $178,012
2022 $9,031 $804,780 $630,258 $174,522
2021 $8,710 $789,000 $617,900 $171,100
2020 $3,933 $356,946 $205,055 $151,891
2019 $3,941 $349,948 $201,035 $148,913
2018 $4,005 $343,088 $197,094 $145,994
2016 $3,862 $329,768 $189,442 $140,326
2015 $3,818 $324,816 $186,597 $138,219
2014 $3,742 $318,454 $182,942 $135,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20099005

California Regional Multiple Listing Service (CRMLS)

APN: 5721-022-045