NOT LISTED FOR SALE

Estimated Value: $942,000 - $1,283,000

3 Beds
2 Baths
1,592 Sq Ft
$692/Sq Ft Est. Value

Last Sold December 31, 2015

Last sale price $638,000 $401 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,464/month

53 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Central Air
  • 3-minute walk to Brenner Park
  • Laundry Room
  • Back and Front Yard

About This Home

As of December 2015

Great income property. 2 units on one lot. Both are currently rented. Very charming 1920's 2/1 bungalow with hardwood floors, central AC, washer dryer. Remodeled 1/1 unit in back. Beautiful landscaping and fruit trees.
Established Pasadena neighborhood close to Rosebowl and 210 freeway. Great vintage details. Second unit is permitted.

Last Agent to Sell the Property

lysa gresalfi

Unreal Estate Brokerage Inc. License #01705185 Listed on: 08/22/2015

Last Buyer's Agent

GABRIEL RAMIREZ

REALTY SOURCE INCORPORATED License #01018409

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 6,638 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 1,592 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 7804
  • Assessor Parcel Number 5726008010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Insurance Expense $960
  • Trash Expense $360
  • Water Sewer Expense $900
  • Gross Income $3,450
  • Net Operating Income $3,460

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 5726008010
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Price Per Square Foot: 400.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6638.00
  • Price Per Lot Square Foot: 96.11
  • Lot Size Acres: 0.1520

Multi Family

  • Gross Income: 3450.00
  • Gross Scheduled Income: 3450.00
  • Insurance Expense: 960.00
  • Lot Size Area: 6638.0000 Square Feet
  • Net Operating Income: 3460.00
  • Number Of Units Total: 2
  • Operating Expense: 140.00
  • Rent Control: No
  • Total Actual Rent: 3450.00
  • Waterfront Features: Bay Front

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 7804

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2015
Closed on
Dec 22, 2015
Sold by
Choi Cynthia
Bought by
Gieseken Ricardo
Seller's Agent
lysa gresalfi
Unreal Estate Brokerage Inc.
Buyer's Agent
GABRIEL RAMIREZ
REALTY SOURCE INCORPORATED
List Price
$638,000
Sold Price
$638,000
Current Estimated Value
$1,101,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,148
Avg. Annual Appreciation
5.60%
Original Mortgage
$616,706
Outstanding Balance
$488,521
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$612,627

Purchase Details

Closed on
Dec 7, 2005
Sold by
Park Eduardo and Byun Sung Hae
Bought by
Choi Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2005
Sold by
Park Eduardo and Byun Sung Hae
Bought by
Park Eduardo and Byun Sung Hae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2005
Sold by
Chavis Willye K and Estate Of Noel O Young
Bought by
Park Eduardo and Byun Sunghae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac
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
Gieseken Ricardo $638,000 Western Resources Title Co
Choi Cynthia $670,000 Alliance Title Resale
Park Eduardo -- Alliance Title Company
Park Eduardo $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gieseken Ricardo $616,706
Previous Owner Choi Cynthia $536,000
Previous Owner Park Eduardo $408,000
Closed Park Eduardo $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2015 12/31/15 Sold $638,000 0.0% $401 / Sq Ft
10/14/2015 10/14/15 Pending -- -- --
08/22/2015 08/22/15 For Sale $638,000 -- $401 / 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 $8,542 $755,257 $565,853 $189,404
2024 $8,542 $740,449 $554,758 $185,691
2023 $8,468 $725,931 $543,881 $182,050
2022 $8,175 $711,698 $533,217 $178,481
2021 $7,840 $697,744 $522,762 $174,982
2020 $7,527 $690,590 $517,402 $173,188
2019 $7,545 $677,050 $507,257 $169,793
2018 $7,667 $663,775 $497,311 $166,464
2016 $6,198 $520,000 $360,000 $160,000
2015 $6,218 $520,000 $360,000 $160,000
2014 $5,607 $466,000 $320,000 $146,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15186662

California Regional Multiple Listing Service (CRMLS)

APN: 5726-008-010