NOT LISTED FOR SALE

Estimated Value: $1,337,000 - $1,967,000

8 Beds
3 Baths
3,656 Sq Ft
$490/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $1,290,000 $353 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $10,655/month

131 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Heating System Uses Natural Gas
  • Laundry Room
  • Landscaped
  • Back Yard

About This Home

As of January 2020

Property Id: 1086614

Beautiful 2 bedroom, 1 bathroom apartment in Pasadena available 11/1/2024. Rent for $2500/month.

This modern unit includes dishwasher, microwave, central AC, laminate flooring, and security features.
Pet-friendly with one dedicated parking space and plenty of off-street parking.

Don't miss out on this gem!

Offered Furnished ($2750) or Unfurnished ($2500)

Last Agent to Sell the Property

Michael Shaar

Re/Max Tri-City Realty License #01126958 Listed on: 08/07/2019

Re/Max Tri-City Realty

Last Buyer's Agent

FRANK RIOS

HAWES REAL ESTATE License #01271871

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906 | Remodeled

Lot Details

  • 7,701 Sq Ft Lot
  • Landscaped
  • Back Yard

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 1-Story Property
  • Tile Flooring
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Parking Available
  • Shared Driveway
  • Assigned Parking

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5726004015

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,411
  • Maintenance Expense $3,020
  • Trash Expense $1,354
  • Water Sewer Expense $1,934
  • Net Operating Income $63,356

Property Details

Home Type

Multi-Family

Year Built

Built in 1906 | Remodeled

Lot Details

0

Listing Details

  • CapRate: 4.90
  • Property Attached: Yes
  • Water Sewer Expenses: 1934.00
  • Zoning: PSR1
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5726004015
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Flooring: Tile
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Foundation: Slab
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Shared Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooking
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Outside
  • Trash Expense: 1354.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Landscaped
  • Lot Size Sq Ft: 7701.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Insurance Expense: 2411.00
  • Lot Size Area: 7701.0000 Square Feet
  • Maintenance Expense: 3020.00
  • Net Operating Income: 63356.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 25444.00
  • Total Actual Rent: 88800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Fusekova and Vahag
Bought by
Vahag And Svetlana Kerasimian Revocable Trust and Kerasimian Svetlana
Current Estimated Value
$1,791,705

Purchase Details

Listed on
Aug 7, 2019
Closed on
Dec 18, 2019
Sold by
Shaar Roger H and Shaar Cherylee R
Bought by
Keraslmian Vahag Sarmen and Fusekova Svetlana
Seller's Agent
Michael Shaar
Re/Max Tri-City Realty
Buyer's Agent
FRANK RIOS
HAWES REAL ESTATE
List Price
$1,375,000
Sold Price
$1,290,000
Premium/Discount to List
-$85,000
-6.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$1,290,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 16, 2016
Closed on
Dec 6, 2016
Sold by
Dli Properties Llc
Bought by
Shaar Roger H and Shaar Cherylee R
Seller's Agent
Sarah Gillen
No Firm Affiliation
Buyer's Agent
Michael Shaar
List Price
$999,888
Sold Price
$985,000
Premium/Discount to List
-$14,888
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$689,500
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 8, 2015
Sold by
Hamzeh Basam
Bought by
Dli Properties Llc

Purchase Details

Closed on
May 21, 2003
Sold by
Koehler Peter B
Bought by
Hamzeh Bassam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,750
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2003
Sold by
Turrentine Glynis
Bought by
Koehler Peter B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,750
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2001
Sold by
Hud
Bought by
Koehler Peter B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,760
Interest Rate
7.21%

Purchase Details

Closed on
Apr 10, 2001
Sold by
Washington Mutual Home Loans Inc
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,760
Interest Rate
7.21%

Purchase Details

Closed on
Nov 27, 2000
Sold by
Aguilar Rina M
Bought by
Pnc Mtg Corp Of America

Purchase Details

Closed on
Dec 29, 1998
Sold by
Azul Enterprises Inc
Bought by
Aguilar Rina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,914
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 1998
Sold by
Sacchi Patricia
Bought by
Azul Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,914
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 1998
Sold by
Bankers Trust Company
Bought by
Sacchi Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,850
Interest Rate
6.89%

Purchase Details

Closed on
Feb 12, 1998
Sold by
Inducil Carlos V
Bought by
Greenwich Capital Acceptance Inc Series
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
Vahag And Svetlana Kerasimian Revocable Trust -- Marinaccio Law
Keraslmian Vahag Sarmen $1,290,000 Wfg National Title Co Of Ca
Shaar Roger H $985,000 Fidelity Sherman Oaks
Dli Properties Llc $740,000 None Available
Hamzeh Bassam $495,000 Equity Title
Koehler Peter B -- Equity Title
Koehler Peter B $292,500 Fidelity Title
Hud -- First American Title Ins Co
Pnc Mtg Corp Of America $334,296 First American Title Ins Co
Aguilar Rina M $329,000 Fidelity National Title
Azul Enterprises Inc -- Fidelity Title
Sacchi Patricia $186,500 Fidelity National Title Co
Greenwich Capital Acceptance Inc Series $115,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keraslmian Vahag Sarmen $1,290,000
Previous Owner Shaar Roger H $689,500
Previous Owner Hamzeh Bassam $420,750
Previous Owner Koehler Peter B $233,760
Previous Owner Aguilar Rina M $311,914
Previous Owner Sacchi Patricia $167,850
Closed Koehler Peter B $43,830
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2024 10/07/24 For Rent $3,000 0.0% --
01/24/2020 01/24/20 Sold $1,290,000 0.0% $353 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
09/17/2019 09/17/19 Price Changed $1,290,000 -6.2% $353 / Sq Ft
08/07/2019 08/07/19 For Sale $1,375,000 +39.6% $376 / Sq Ft
01/31/2017 01/31/17 Sold $985,000 -1.5% $269 / Sq Ft View Prior Sale
11/22/2016 11/22/16 Pending -- -- --
11/16/2016 11/16/16 For Sale $999,888 -- $273 / 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 $16,211 $1,410,799 $820,233 $590,566
2024 $16,211 $1,383,137 $804,150 $578,987
2023 $16,075 $1,356,018 $788,383 $567,635
2022 $15,525 $1,329,430 $772,925 $556,505
2021 $14,890 $1,303,364 $757,770 $545,594
2020 $11,776 $1,045,288 $627,173 $418,115
2019 $11,804 $1,024,793 $614,876 $409,917
2018 $11,991 $1,004,700 $602,820 $401,880
2016 $9,067 $740,000 $460,000 $280,000
2015 $7,478 $596,511 $338,626 $257,885
2014 $7,398 $584,827 $331,993 $252,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819003705

Pasadena-Foothills Association of REALTORS®

APN: 5726-004-015