NOT LISTED FOR SALE

Estimated Value: $3,187,928 - $3,841,000

5 Beds
4 Baths
2,846 Sq Ft
$1,217/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $3,025,000 $1,063 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $20,903/month

20 Days on Market

Highlights

  • Home Theater
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • New Construction
  • Automatic Gate
  • Contemporary Architecture

About This Home

As of September 2023

This brand-new construction and quintessential Spanish Mediterranean style gem, proudly overlooks Madison Heights, one of Pasadena's most historic and significant neighborhoods. Sitting on a picturesque large palm tree lined street, this beautiful property is rich with the elements that make Spanish Modern so appealing: clean sight lines, smooth stucco walls, appealing architectural design, and interesting features.

This one-of-a-kind home has an artisan touch with symmetrical and geometric design inside and out, an appealing color palate with captivating accents, and plenty of natural sun while complemented with designer lights. On the outside, smooth and curved edges align the landscape while straight and direct lines lead around the house. On the front of the house, arches are joined by rectangular and circular windows while bounded by parallel lines, inspiration drawn from the street's namesake.

Wrought iron adorns the house including ornate custom design of the front door, gates, and stairs. The first floor opens up to a stylish living room alongside three sets of French doors and high coffered ceiling. The courtyard facing kitchen offers Italian appliances, soft closing cabinets, and a cozy island and eat-in area. The central, interior courtyard offers a stunning space for relaxation, which together with the patio offers the appeal of combining outdoor & indoor living. The rest of the first floor is rounded out with a family room, formal dining room, office, and guest room. Upstairs, the primary suite has sights throughout the house, a large en-suite bathroom, and high walled balcony. The remaining two upstairs bedroom suites offer ample space and plenty of natural light.

The prime location of this home cannot be overstated due to its walkability and close proximity to so many highlights of prime Pasadena living, within walking distance to Old Town Pasadena, Metro Gold Line Train Station, Trader Joes, Arroyo Secco, and Rose Bowl. The local neighborhood has a warm, inviting community that is both timeless and trendy with a beautiful atmosphere.

This well-designed layout and stylish unique design inspires Mediterranean elements under California sun. Don't miss the chance to make this rare opportunity your own! Architect: Andrew Tsay Jacobs

Last Agent to Sell the Property

Rudy Tsay

Allison James Estates & Homes License #02069566 Listed on: 06/09/2023

Last Buyer's Agent

Michael Schaffer

Compass License #02130198

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 9,251 Sq Ft Lot
  • Property fronts an alley
  • Desert faces the front and back of the property
  • West Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Drip System Landscaping
  • Rectangular Lot
  • Level Lot
  • Sprinkler System
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • Automatic Gate

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Ridge Vents on the Roof
  • Concrete Roof
  • Pre-Cast Concrete Construction
  • Seismic Tie Down
  • Copper Plumbing
  • Flagstone
  • Stucco

Interior Spaces

  • 2,846 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Coffered Ceiling
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • French Mullion Window
  • Casement Windows
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Bonus Room
  • Storage
  • Utility Room
  • Courtyard Views

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Convection Oven
  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Bathtub
  • Multiple Shower Heads
  • Separate Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Laundry Chute
  • Washer and Gas Dryer Hookup

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location
  • Suburban Location

Utilities

  • Cooling System Powered By Gas
  • Ducts Professionally Air-Sealed
  • High Efficiency Air Conditioning
  • SEER Rated 13-15 Air Conditioning Units
  • Whole House Fan
  • Forced Air Zoned Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Overhead Utilities
  • 220 Volts in Garage
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Foothills
  • Mountainous Community
  • Valley

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 5720032020

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Architectural Style: Contemporary, Spanish
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5720032020
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2846.00 Square Feet
  • Interior Amenities: Attic Fan, Balcony, Ceiling Fan(s), Coffered Ceiling(s), Copper Plumbing Full, High Ceilings, In-Law Floorplan, Pull Down Stairs to Attic, Quartz Counters, Recessed Lighting, Storage, Two Story Ceilings, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1062.90
  • Room Type: Attic, Bonus Room, Entry, Family Room, Formal Entry, Galley Kitchen, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Recreation, Utility Room, Walk-In Closet
  • Window Features: Casement Windows, Double Pane Windows, ENERGY STAR Qualified Windows, French/Mullioned, Insulated Windows
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Linen Closet/Storage, Quartz Counters, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Seismic Tie Down, Slab
  • View: Courtyard
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Patio And Porch Features: Concrete, Covered, Patio, Stone
  • Pool Private: No
  • Roof: Concrete, Ridge Vents, Spanish Tile
  • Construction Materials: Concrete, Drywall Walls, Ducts Professionally Air-Sealed, Flagstone, Glass, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Driveway, Concrete, Garage, Garage Faces Rear, Garage Door Opener, Gated
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Freezer, Gas Oven, Gas Range, Gas Water Heater, High Efficiency Water Heater, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater
  • Electric: 220 Volts in Garage, 220 Volts in Laundry
  • Heating Type: Central, ENERGY STAR Qualified Equipment, Fireplace(s), Forced Air, High Efficiency, Natural Gas, Zoned
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Chute, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Energy Star Qualified Equipment, Gas, High Efficiency, Seer Rated 13-15, Whole House Fan, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Mountainous, Suburban, Urban, Valley

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Desert Back, Desert Front, Front Yard, Landscaped, Level with Street, Rectangular Lot, Level, Near Public Transit, Park Nearby, Sprinklers Drip System, Utilities - Overhead
  • Lot Size Sq Ft: 9251.00
  • Lot Size Acres: 0.2124
  • Latitude Manual: 34.13116300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9251.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 20
  • Tax Tract Number: LOS...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Aug 23, 2023
Sold by
Bansal Brooke L
Bought by
Bansal Eric
Seller's Agent
Rudy Tsay
Allison James Estates & Homes
Buyer's Agent
Michael Schaffer
Compass
List Price
$2,888,000
Sold Price
$3,025,000
Premium/Discount to List
$137,000
4.74%
Views
47
Current Estimated Value
$3,463,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,482
Avg. Annual Appreciation
5.98%
Original Mortgage
$2,420,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2023
Sold by
Tsay Family Trust and Chaparral Family Trust
Bought by
Bansal Jagan and Bansal Madhu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,420,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2015
Closed on
Apr 27, 2015
Sold by
Olivieri Barbara L
Bought by
Tsay Judy Hsueh Chen Cheng and The Tsay Family Trust
Seller's Agent
Robin Stever
Coldwell Banker Realty
List Price
$975,000
Sold Price
$1,000,000
Premium/Discount to List
$25,000
2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%

Purchase Details

Closed on
Sep 5, 1997
Sold by
Martin Miriam M
Bought by
Larson Miriam M and The Larson Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bansal Eric -- Chicago Title Company
Bansal Jagan $3,025,000 Chicago Title Company
Chaparral Family Trust -- Chicago Title Company
Tsay Judy Hsueh Chen Cheng $1,000,000 Equity Title
Larson Miriam M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bansal Jagan $2,420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2023 09/06/23 Sold $3,025,000 +4.7% $1,063 / Sq Ft
09/06/2023 09/06/23 Price Changed $2,888,000 0.0% $1,015 / Sq Ft
08/09/2023 08/09/23 Price Changed $2,888,000 0.0% $1,015 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $2,888,000 +188.8% $1,015 / Sq Ft
05/05/2015 05/05/15 Sold $1,000,000 +2.6% $507 / Sq Ft View Prior Sale
04/02/2015 04/02/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $975,000 -- $494 / 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 $33,732 $3,085,500 $1,851,300 $1,234,200
2024 $33,732 $3,025,000 $1,815,000 $1,210,000
2023 $13,241 $1,155,176 $924,142 $231,034
2022 $12,779 $1,132,526 $906,022 $226,504
2021 $12,253 $1,110,320 $888,257 $222,063
2019 $11,788 $1,077,390 $861,912 $215,478
2018 $12,038 $1,056,265 $845,012 $211,253
2016 $11,662 $1,015,250 $812,200 $203,050
2015 $999 $55,642 $41,590 $14,052
2014 -- $54,553 $40,776 $13,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23076545

California Regional Multiple Listing Service (CRMLS)

APN: 5720-032-020