NOT LISTED FOR SALE

Estimated Value: $743,000 - $808,000

1 Bed
1 Bath
987 Sq Ft
$711/mo HOA Fee

Last Sold June 07, 2021

Last sale price $699,000 $708 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,477/month

6 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Open Floorplan
  • 24-Hour Security
  • City Lights View
  • Clubhouse

About This Home

As of June 2021

This light-filled loft in the sought-after Prado on Lake Ave offers urban living in a posh, recently renovated space. The open floor plan offers maximum flexibility to personalize the unit to your lifestyle and taste. This one-bedroom, one-bath loft boasts soaring ceilings and a wall of southern-facing oversized windows, flooding the space with natural light and lush views of mature birch trees. No expense was spared on the many recent upgrades, including custom cabinetry in the kitchen and bath, premium Viking appliances, a vanity with double sinks in the bathroom, and a lovely, large tiled shower. The amenities in the luxury Prado community are extensive and include a pool, reservable 20 seat theater, conference rooms, fitness center, secured access, large well-appointed entertaining areas with full kitchen, and so much more. This unit includes a dedicated parking space with private storage in the subterranean parking garage, easily accessible by elevator. All of this is located in the heart of Pasadena's most walkable neighborhood, and just blocks from the best the city has to offer: the Playhouse District, Paseo Colorado, Old Town, the Laemmle art house theater, historic Vroman's bookshop, countless restaurants, endless shopping, and easy access to the Metro Gold Line. This condominium is a must see.

Last Agent to Sell the Property

Tim Hartley

COMPASS License #01427461 Listed on: 05/18/2021

COMPASS

Last Buyer's Agent

Lina Zhang

RE/MAX PREMIER/SANMARINO License #01188114

RE/MAX PREMIER/SANMARINO

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • Two or More Common Walls
  • South Facing Home
  • Sprinkler System

HOA Fees

  • $711 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Assigned Parking
  • Community Parking Structure

Property Views

  • City Lights
  • Woods

Home Design

  • Pre-Cast Concrete Construction
  • Copper Plumbing

Interior Spaces

  • 987 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Entryway
  • Living Room
  • Den
  • Storage
  • Laundry Room
  • Laminate Flooring

Kitchen

  • Dishwasher
  • Granite Countertops
  • Self-Closing Cabinet Doors

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Dual Sinks
  • Walk-in Shower
  • Closet In Bathroom

Home Security

Additional Features

  • In Ground Pool
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 5734
  • Tax Tract Number 463601
  • Assessor Parcel Number 5734038032

Community Details

Overview

  • 104 Units
  • Prado On Lake Avenue Association, Phone Number (310) 734-0304
  • Built by K. Hovnanian

Amenities

  • Clubhouse
  • Meeting Room

Recreation

  • Fitness Center
  • Community Pool

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$711 per month

Parking

1

Listing Details

  • Structure Type: Industrial
  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security, Fire and Smoke Detection System, Fire Sprinkler System, Card/Code Access
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5734038032
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 987.00 Square Feet
  • Interior Amenities: High Ceilings, Granite Counters, Copper Plumbing Full, Ceiling Fan(s), Storage, Open Floorplan
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Price Per Square Foot: 708.21
  • Room Type: Den, Laundry, Living Room, Entry
  • Bathroom Features: Double Sinks In Bath(s), Closet In Bathroom, Shower, Remodeled, Granite Counters
  • Room Kitchen Features: Granite Counters, Self-Closing Cabinet Doors

Exterior Features

  • Patio: No
  • Direction Faces: South
  • View: City Lights, Trees/Woods
  • Fence: No
  • Builder Name: K. Hovnanian
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Structure
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Pool, Water, Trash, Security, Management, Meeting Room, Gym/Ex Room, Clubhouse
  • Association Fee: 711.00
  • Association Fee Frequency: Monthly
  • Association Name: Prado on Lake Avenue
  • Phone: 310.734.0304
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 104

Tax Info

  • Tax Lot: 5734
  • Tax Tract Number: 463601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2022
Sold by
Bo Lan and Bo Xiao
Bought by
Lan And Yan Family Trust
Current Estimated Value
$774,165

Purchase Details

Listed on
Sep 26, 2018
Closed on
Apr 4, 2019
Sold by
Krach Mary L
Bought by
Krach Mary L and Mary L Krach Trust
Seller's Agent
Bernadette Pittroff
COMPASS
Buyer's Agent
Tim Hartley
COMPASS
List Price
$688,000
Sold Price
$668,000
Premium/Discount to List
-$20,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%

Purchase Details

Listed on
Sep 26, 2018
Closed on
Dec 27, 2018
Sold by
Roberts Christine
Bought by
Krach Mary L
Seller's Agent
Bernadette Pittroff
COMPASS
Buyer's Agent
Tim Hartley
COMPASS
List Price
$688,000
Sold Price
$668,000
Premium/Discount to List
-$20,000
-2.91%

Purchase Details

Closed on
Mar 11, 2016
Sold by
Khan Ziad M
Bought by
Roberts Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 30, 2006
Sold by
K Hovnanian At Prado Llc
Bought by
Khan Ziad M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,320
Interest Rate
6.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lan And Yan Family Trust -- Accommodation/Courtesy Recordi
Lan Lenny -- New Title Company Name
Krach Mary L -- None Available
Krach Mary L $668,000 Lawyers Title Company
Roberts Christine $490,000 First American Title Company
Khan Ziad M $498,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts Christine $294,000
Previous Owner Khan Ziad M $74,685
Previous Owner Khan Ziad M $398,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2021 06/07/21 Sold $699,000 0.0% $708 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $699,000 +4.6% $708 / Sq Ft
02/06/2019 02/06/19 Sold $668,000 0.0% $677 / Sq Ft View Prior Sale
01/25/2019 01/25/19 Pending -- -- --
11/30/2018 11/30/18 Price Changed $668,000 -2.9% $677 / Sq Ft
09/26/2018 09/26/18 For Sale $688,000 -- $697 / 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 $8,514 $756,617 $492,505 $264,112
2024 $8,514 $741,783 $482,849 $258,934
2023 $8,443 $727,239 $473,382 $253,857
2022 $8,151 $712,980 $464,100 $248,880
2021 $7,635 $688,418 $446,235 $242,183
2020 $7,400 $681,360 $441,660 $239,700
2019 $1,637 $519,991 $339,586 $180,405
2018 $5,992 $509,796 $332,928 $176,868
2016 $5,796 $490,000 $256,000 $234,000
2015 $5,817 $490,000 $256,000 $234,000
2014 $5,804 $490,000 $256,000 $234,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-4803

Pasadena-Foothills Association of REALTORS®

APN: 5734-038-032