NOT LISTED FOR SALE

889 Chapman Ave Pasadena, CA 91103

Northwest Pasadena Neighborhood

Estimated Value: $1,071,000 - $1,333,000

5 Beds
3 Baths
2,046 Sq Ft
$591/Sq Ft Est. Value

Last Sold May 28, 2014

Last sale price $555,000 $271 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $6,974/month

36 Days on Market

Highlights

  • 5 Car Attached Garage
  • 1-Story Property
  • 2-minute walk to Brenner Park

About This Home

As of May 2014

2 HOUSES ON A LOT!! Great opportunity for investment or owner/user and live in one and rent the other. Front house is 3+2 with 1,258 Sq.Ft. and Back house is 2+1 with 788 Sq.Ft. Front house has carport parking with a nice cement driveway. Back house is separated by fencing with large yard and space to park multiple cars and separate entrance from side street. Nice quiet street with close proximity to Rose Bowl. GREAT Rental location. Both unit occupied with tenants, on month to month leases. DO NOT DISTURB TENANTS. DRIVE BY ONLY.

Last Agent to Sell the Property

Alexander Metaxas

Realty Investment Advisors, Inc. License #01784652 Listed on: 03/11/2014

Last Buyer's Agent

Joan Lyons

Coldwell Banker Kappel Gateway License #00898851

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,504 Sq Ft Lot

Parking

  • 5 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 2,046 Sq Ft Home
  • 1-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5726-006-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2046
  • Stories: 1
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 261.49

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Attached, Garage
  • Total Parking: 5

Utilities

  • Cooling: Wall/Window
  • Heating: Wall
  • Water Expense: 1320.00

Fee Information

  • Insurance Expense: 818.00
  • Maintenance Expense: 1400.00

Lot Info

  • Assessed Improvement Value: 90871
  • Assessed Land Value: 48505
  • Assessor Parcel Number: 5726-006-012
  • Geocode Override: No
  • Lot Size Area: 7504

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.97
  • Number Of Units: 2
  • Rent Control: 0%
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2021
Sold by
Trask Family Legacy Trust
Bought by
4D Trask Investments Llc
Current Estimated Value
$1,208,194

Purchase Details

Listed on
Mar 11, 2014
Closed on
Apr 21, 2014
Sold by
Parnell Nathan G
Bought by
Martinez Eduardo and Martinez Cinthia
Seller's Agent
Alexander Metaxas
Realty Investment Advisors, Inc.
Buyer's Agent
Joan Lyons
Coldwell Banker Kappel Gateway
List Price
$535,000
Sold Price
$555,000
Premium/Discount to List
$20,000
3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$544,947
Interest Rate
4.23%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 1995
Sold by
Parnell Nathan G
Bought by
Parnell Nathan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
9.99%

Purchase Details

Closed on
Feb 22, 1995
Sold by
Parnell Anita
Bought by
Parnell Nathan G
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
4D Trask Investments Llc -- None Listed On Document
Martinez Eduardo $555,000 Old Republic Title Co
Parnell Nathan G -- Landsafe Title
Parnell Nathan G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Eduardo $544,947
Previous Owner Parnell Nathan G $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2014 05/28/14 Sold $555,000 +3.7% $271 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $535,000 -- $261 / Sq Ft
Source: The MLS

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 $7,939 $680,339 $490,338 $190,001
2024 $7,939 $667,000 $480,724 $186,276
2023 $7,872 $653,923 $471,299 $182,624
2022 $7,606 $641,102 $462,058 $179,044
2021 $7,297 $628,533 $452,999 $175,534
2020 $7,012 $622,090 $448,355 $173,735
2019 $7,029 $609,893 $439,564 $170,329
2018 $7,078 $597,936 $430,946 $166,990
2016 $6,840 $574,719 $414,213 $160,506
2015 $6,765 $566,088 $407,992 $158,096
2014 $1,985 $140,008 $48,725 $91,283
Source: Public Records

Agents Affiliated with this Home

  • Alexander Metaxas

    Seller's Agent in 2014

    Alexander Metaxas

    Realty Investment Advisors, Inc.

    (626) 487-4300

    1 in this area

    37 Total Sales

    Alexander Metaxas
    Section Image

  • J

    Buyer's Agent in 2014

    Joan Lyons

    Coldwell Banker Kappel Gateway

  • C

    Buyer's Agent in 2014

    CESAR HARO

See All Agents

Map

Source: The MLS

MLS Number: 14-743703

The MLS

APN: 5726-006-012

California Los Angeles County Pasadena 91103 Northwest Pasadena

889 Chapman Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

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