NOT LISTED FOR SALE

818 S Marengo Ave Unit 104 Pasadena, CA 91106

Madison Heights Neighborhood

Estimated Value: $835,380 - $925,000

2 Beds
2 Baths
1,295 Sq Ft
$495/mo HOA Fee

Last Sold August 30, 2022

Last sale price $777,000 $600 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,873/month

66 Days on Market

Highlights

  • 24-Hour Security
  • 5-minute walk to Fillmore Station
  • Auto Driveway Gate
  • Heated In Ground Pool
  • All Bedrooms Downstairs
  • Two Primary Bedrooms

About This Home

As of August 2022

If you are looking for outdoor space and close proximity to all, this condo should be at the top of your list! Located in the desirable Madison Heights neighborhood of Pasadena - a stone's throw from Old Town Pasadena's coffee shops, boutiques, restaurants, Whole Foods, Trader Joe's and three blocks to the Fillmore Station Gold Line. Situated in the rear of the building, this spacious ground level corner unit has no steps and offers a wonderful floor plan with two en-suites, a spacious open-concept living room with a gas fireplace, dining room and wood floors. Take a break and relax on your massive 700+ square feet private wraparound patio perfect for al fresco dining, entertaining and growing your own fruit trees, vegetables and herb garden. Two side-by-side secure subterranean parking spaces next to the elevator, in-unit laundry closet, central HVAC, wet bar, ample storage and crown moldings, plantation shutters round out this unit. Lovely 30-unit gated complex recently underwent renovation and features a courtyard with a soothing fountain, drought tolerant landscaping, pool, spa, barbecue and includes earthquake insurance. Short distance to Shops on Lake, Cal Tech, JPL, The Huntington, Rose Bowl and an easy commute to downtown LA.

Last Agent to Sell the Property

Michele Lipkin

Sotheby's International Realty License #01341310 Listed on: 06/08/2022

Sotheby's International Realty

Last Buyer's Agent

Keith Kaplan

Robust Real Estate License #01933707

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • End Unit
  • Gated Home
  • Block Wall Fence

HOA Fees

  • $495 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 1,295 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Recessed Lighting
  • Gas Fireplace
  • Plantation Shutters
  • Drapes & Rods
  • Living Room with Fireplace
  • Dining Room
  • Prewired Security

Kitchen

  • Oven or Range
  • Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Double Master Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • Auto Driveway Gate
  • On-Street Parking
  • Controlled Entrance

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Spa
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Open Patio
  • Wrap Around Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Central Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5720-023-024

Community Details

Overview

  • Association fees include earthquake insurance, insurance, maintenance paid, trash, water and sewer paid
  • 30 Units
  • Association Phone (626) 358-7300
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Elevator
  • Community Mailbox

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Ground Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Greentree
  • Disability Access: No Interior Steps
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Living Area: 1295
  • Lot Acreage: 0.6903
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1981
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Open Floor Plan, Wet Bar, Recessed Lighting
  • Fireplace Rooms: Gas, Living Room
  • Flooring: Wood, Tile
  • Appliances: Free Standing Electric, Range
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: 2 Master Bedrooms, WalkInCloset, Ground Floor Master, All Bedrooms Down
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Shower Over Tub, Shower Stall
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, Living Room
  • Kitchen Features: Tile Counters
  • Laundry: Inside, Laundry Area, In Unit
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Refrigerator, Range/Oven, Washer, Dryer, Garbage Disposal
  • Fireplace: Yes
  • Price Per S Q F T: 601.54
  • Windows: Plantation Shutters, Drapes/Curtains

Exterior Features

  • Construction: Stucco
  • Other Features: End Unit
  • Tennis Court Y/N: No
  • Fence: Block
  • Patio: Concrete Slab, Patio Open, Wrap Around Porch
  • Pool Description: Association Pool, Heated, Gunite, Fenced, In Ground
  • Pool: Yes
  • Spa: Association Spa, Heated, Gunite, In Ground
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Controlled Entrance, Subterranean, Driveway Gate, On street, Side By Side, Assigned
  • Total Parking: 2

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Forced Air
  • Security: Prewired for alarm system, Community, Gated

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Elevator, Gated Parking, Pool, Security, Spa, Outdoor Cooking Area, Controlled Access
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance, Insurance, Maintenance Paid, Trash, Water and Sewer Paid
  • HOA Fees: 495.00
  • Phone: 6263587300|
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 5720-023-024
  • Lot Size Area: 30071

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Aug 17, 2022
Sold by
Christina Arapostathis
Bought by
Mary And Steven Hewlett Living Trust
Seller's Agent
Michele Lipkin
Sotheby's International Realty
Buyer's Agent
Keith Kaplan
Robust Real Estate
List Price
$779,000
Sold Price
$777,000
Premium/Discount to List
-$2,000
-0.26%
Views
7
Current Estimated Value
$891,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,845
Avg. Annual Appreciation
4.11%
Original Mortgage
$327,000
Outstanding Balance
$311,353
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$580,492

Purchase Details

Closed on
Mar 1, 2022
Sold by
Arapostatihs Living Trust
Bought by
Arapostathis Christina

Purchase Details

Closed on
Mar 9, 2012
Sold by
Arapostathis Mary and Arapostathis Living Trust
Bought by
Arapostathis Mary Kathryn and Arapostathis Christina

Purchase Details

Closed on
Feb 23, 2012
Sold by
Arapostathis Mary
Bought by
Arapostathis Mary and Arapostathis Living Trust

Purchase Details

Closed on
Dec 20, 2006
Sold by
Schwab Sally
Bought by
Arapostathis Mary

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
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2002
Sold by
Strauss Mark and Koch Rhonda
Bought by
Schwab Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,400
Interest Rate
5.62%

Purchase Details

Closed on
Jun 20, 1997
Sold by
Leslie Severance David A and Leslie Severance Man Severanc
Bought by
Strauss Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,700
Interest Rate
7.58%
Mortgage Type
FHA
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
Mary And Steven Hewlett Living Trust $777,000 Lawyers Title
Arapostathis Christina -- Asher Law Group Apc
Arapostathis Mary Kathryn -- None Available
Arapostathis Mary -- None Available
Arapostathis Mary $500,000 Fatcola
Schwab Sally $311,000 Fidelity Title
Strauss Mark $146,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mary And Steven Hewlett Living Trust $327,000
Previous Owner Arapostathis Mary $400,000
Previous Owner Schwab Sally $248,400
Previous Owner Strauss Mark $140,700
Closed Schwab Sally $46,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2022 08/30/22 Sold $777,000 -0.3% $600 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $779,000 -- $602 / 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 $8,963 $808,389 $566,913 $241,476
2024 $8,963 $792,540 $555,798 $236,742
2023 $8,886 $777,000 $544,900 $232,100
2022 $7,153 $631,242 $458,287 $172,955
2021 $6,859 $618,865 $449,301 $169,564
2019 $6,599 $600,511 $435,975 $164,536
2018 $6,746 $588,737 $427,427 $161,310
2016 $6,303 $546,000 $396,300 $149,700
2015 $6,325 $546,000 $396,300 $149,700
2014 $5,179 $445,000 $323,000 $122,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-165615

The MLS

APN: 5720-023-024