NOT LISTED FOR SALE

863 N Summit Ave Pasadena, CA 91103

Orange Heights Neighborhood

Estimated Value: $1,277,000 - $1,539,000

6 Beds
4 Baths
2,634 Sq Ft
$539/Sq Ft Est. Value

Last Sold December 05, 2016

Last sale price $790,000 $300 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $8,466/month

Highlights

  • 0.34 Acre Lot
  • Traditional Architecture
  • Tile Flooring
  • John Muir High School Rated A-
  • Laundry Room
  • Guest Parking

About This Home

As of December 2016

Freshly rehabbed 3 unit property, pro forma indicates possibility of $5,400 monthly rent. One 3/1.5 unit, one 2/2 and one 1/1. All have new kitchens with granite countertops, new cabinets and new sinks. All units have new laminate flooring, updated bathrooms, generous closet space and much more. New driveway and ample parking on large lot.

Last Agent to Sell the Property

Helen Fabian

Keller Williams Realty License #01127714 Listed on: 09/15/2016

Keller Williams Realty

Co-Listed By

Jeff Curtis

Keller Williams Realty License #01364089

Last Buyer's Agent

Jose Monterroza

First Family Homes License #01276551

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,836

Year Built

  • Built in 1904 | Remodeled

Lot Details

  • 0.34 Acre Lot
  • No Common Walls

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Frame Construction
  • Stucco

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Parking Available
  • Guest Parking
  • Parking Lot

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 5725011015

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,836

Year Built

Built in 1904 | Remodeled

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: PSR1
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5725011015
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Levels: Two
  • Room Type: Basement

Exterior Features

  • Foundation: Raised
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Guest, Parking Space

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas Dryer Hookup

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14999.00
  • Lot Size Acres: 0.3400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 1300 Square Feet
  • Average3 Bed Area: 1300 Square Feet
  • Lot Size Area: 14999.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2016
Closed on
Nov 18, 2016
Sold by
Fuentes Silvia N
Bought by
Fuentes Jose Raul
Seller's Agent
Helen Fabian
Keller Williams Realty
Buyer's Agent
Jose Monterroza
First Family Homes
List Price
$790,000
Sold Price
$790,000
Current Estimated Value
$1,419,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,548
Avg. Annual Appreciation
6.91%
Original Mortgage
$775,691
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 15, 2016
Closed on
Oct 10, 2016
Sold by
Canaan Investment Llc
Bought by
Fuentes Nadine Florisel and Fuentes Jose Raul
Seller's Agent
Helen Fabian
Keller Williams Realty
Buyer's Agent
Jose Monterroza
First Family Homes
List Price
$790,000
Sold Price
$790,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,691
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 2015
Sold by
Davis Julius and Davis Tonya Denise
Bought by
Canaan Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2015
Sold by
Simmons Charles Etta and Ruth Jackson Revocable Trust
Bought by
Davis Julius and Davis Tonya Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2007
Sold by
Davis Julius and Davis Tonya Denise
Bought by
Jackson Ruthie and Ruthie Jackson Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2007
Sold by
Jackson Ruthie and Ruthie Jackson Revocable Trust
Bought by
Davis Julius and Davis Tonya Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2006
Sold by
Jackson Ruthie B
Bought by
Jackson Ruthie and Ruthie Jackson Revocable Trust

Purchase Details

Closed on
Oct 25, 2005
Sold by
Jackson Ruthie B
Bought by
Jackson Ruthie B and Dwb Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.04%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 22, 2005
Sold by
Jackson Ruthie B and The Ruthie B Jackson Living Tr
Bought by
Jackson Ruthie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 1995
Sold by
Jackson Ruthie B
Bought by
Jackson Ruthie B and The Ruthie B Jackson Living Tr
Source: Public Records

Range of Values:

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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
Fuentes Jose Raul -- Chicago Title
Fuentes Nadine Florisel $790,000 Chicago Title
Canaan Investment Llc $475,000 Chicago Title
Davis Julius -- Chicago Title
Jackson Ruthie -- Accommodation
Davis Julius -- Financial Title
Jackson Ruthie -- None Available
Jackson Ruthie B -- Chicago Title Co
Jackson Ruthie B -- United Independent Title
Jackson Ruthie B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuentes Nadine Florisel $751,458
Closed Fuentes Jose Raul $775,691
Previous Owner Canaan Investment Llc $450,000
Previous Owner Davis Julius $450,000
Previous Owner Jackson Ruthie $35,000
Previous Owner Davis Julius $500,000
Previous Owner Jackson Ruthie B $35,000
Previous Owner Jackson Ruthie B $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2016 12/05/16 Sold $790,000 0.0% $300 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
09/15/2016 09/15/16 For Sale $790,000 -- $300 / 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 $10,836 $916,857 $550,114 $366,743
2024 $10,836 $898,880 $539,328 $359,552
2023 $10,742 $881,255 $528,753 $352,502
2022 $10,377 $863,977 $518,386 $345,591
2021 $9,954 $847,037 $508,222 $338,815
2020 $9,573 $838,352 $503,011 $335,341
2019 $9,594 $821,915 $493,149 $328,766
2018 $9,659 $805,800 $483,480 $322,320
2016 $9,139 $750,000 $600,000 $150,000
2015 $9,164 $750,000 $600,000 $150,000
2014 $8,631 $703,000 $580,000 $123,000
Source: Public Records

Agents Affiliated with this Home

  • Helen Fabian

    Seller's Agent in 2016

    Helen Fabian

    Keller Williams Realty

    (310) 569-0323

    6 Total Sales

    Helen Fabian
    Section Image
  • Jeff Curtis

    Seller Co-Listing Agent in 2016

    Jeff Curtis

    Keller Williams Realty

    (844) 892-7780

    29 Total Sales

    Jeff Curtis
    Section Image

  • J

    Buyer's Agent in 2016

    Jose Monterroza

    First Family Homes

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316008769

Pasadena-Foothills Association of REALTORS®

APN: 5725-011-015

California Los Angeles County Pasadena 91103 Orange Heights

863 N Summit Ave, Pasadena, CA

This home is located at 863 N Summit Ave, Pasadena, CA 91103 since 15 September 2016 and is currently estimated at $1,419,548, approximately $538 per square foot. This property was built in 1904. 863 N Summit Ave is a home located in Los Angeles County with nearby schools including Octavia E. Butler Magnet, John Muir High School, and St. Andrew Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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