NOT LISTED FOR SALE

Estimated Value: $1,797,000 - $2,253,000

2 Beds
2.5 Baths
2,250 Sq Ft
$1,500/mo HOA Fee

Last Sold August 15, 2023

Last sale price $1,825,000 $811 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $13,359/month

33 Days on Market

Highlights

  • 24-Hour Security
  • Primary Bedroom Suite
  • Outdoor Cooking Area
  • Private Pool
  • End Unit
  • Banquet Facilities

About This Home

As of August 2023

Introducing Unit 307 of the highly sought-after Granite Park Place off South Lake Ave. This exclusive neighborhood is a hidden gem in beautiful Pasadena, boasting a vibrant atmosphere with its array of lounges, coffee shops, and restaurants that are beloved by both locals and tourists. Its close proximity to Caltech and shopping center makes it a desirable destination for urban professionals and the scientific community alike. This impeccable home perfectly embodies the casual elegance that defines California's lifestyle. As you step through the covered entry, you are greeted by a dramatic foyer and an open concept design that emanates a warm and inviting ambiance. You will appreciate the meticulous craftsmanship, showcased by the stunning hardwood flooring, designer wallpaper, surround sound system, automatic blinds, and newer AC/heating system. The two spacious balconies serve as an entertainer's delight, seamlessly blending indoor and outdoor living. The gourmet kitchen, featuring Viking Professional Series stainless steel appliances and custom cabinetry, is a culinary masterpiece. It harmoniously complements the overall design, creating a captivating space for hosting memorable gatherings. The layout of this home is both spacious and functional, with two generous bedroom suites. Each suite is thoughtfully designed with a luxurious bath, a walk-in closet, and balcony access. The primary master suite is truly exceptional, offering a serene sitting retreat and a spa-like ensuite bathroom, providing the perfect sanctuary for relaxation. Granite Park Place in Pasadena is a prestigious full-service building that caters to your every need. Enjoy the convenience of a dedicated concierge, valet parking, a club room, a state-of-the-art gym, an elevator, a pool and spa area, an inviting outdoor fireplace, and a poolside BBQ, all within the confines of this remarkable community.

Last Agent to Sell the Property

Brian Parsons

Keller Williams Realty License #01712649 Listed on: 06/21/2023

Keller Williams Realty

Last Buyer's Agent

Tracy Macrum

COMPASS License #02025886

COMPASS

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • End Unit
  • No Sprinklers

HOA Fees

  • $1,500 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Automatic Gate
  • Assigned Parking
  • Community Parking Structure

Interior Spaces

  • 2,250 Sq Ft Home
  • Formal Entry
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Double Oven
  • Built-In Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Home Security

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Living Room Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4635
  • Assessor Parcel Number 5327001199

Community Details

Overview

  • Upon Request Association

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Banquet Facilities

Recreation

  • Community Pool

Security

  • 24-Hour Security
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0

HOA Fees

$1,500 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Guard, Gated Community, Fire Sprinkler System, Automatic Gate
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5327001199
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2250.00 Square Feet
  • Interior Amenities: Living Room Balcony, Balcony
  • Common Walls: End Unit
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 799.56
  • Room Type: Formal Entry, Master Suite, Master Bathroom, Kitchen, Walk-In Closet, Living Room

Exterior Features

  • Patio: Yes
  • Fence: No
  • Patio And Porch Features: Patio
  • Pool Features: Community
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Built-In Range, Water Heater, Double Oven, Refrigerator, Freezer
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Picnic Area, Outdoor Cooking Area, Banquet Facilities
  • Association Fee: 1500.00
  • Association Fee Frequency: Monthly
  • Association Name: upon request
  • Phone: upon request
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract: 61372
  • Tax Tract Number: 4635

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Jul 5, 2023
Sold by
Michele Canon Family Trust
Bought by
Lakshman Sankar and Lakshman Malathi
Seller's Agent
Brian Parsons
Keller Williams Realty
Buyer's Agent
Tracy Macrum
COMPASS
List Price
$1,799,000
Sold Price
$1,825,000
Premium/Discount to List
$26,000
1.45%
Views
184
Current Estimated Value
$1,937,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,195
Avg. Annual Appreciation
2.34%
Original Mortgage
$1,000,000
Outstanding Balance
$975,789
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$952,402

Purchase Details

Closed on
Oct 10, 2022
Sold by
Canon Michele A
Bought by
Michele Canon Family Trust

Purchase Details

Closed on
Aug 19, 2022
Sold by
Brett & Michele Canon Living Trust
Bought by
Canon Michele A

Purchase Details

Listed on
Oct 9, 2019
Closed on
Oct 15, 2019
Sold by
Proctor Mark L
Bought by
Canon Brett B and Canon Michele A
Seller's Agent
Bernadette Pittroff
COMPASS
Buyer's Agent
Brian Parsons
Keller Williams Realty
List Price
$1,675,000
Sold Price
$1,750,000
Premium/Discount to List
$75,000
4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.58%

Purchase Details

Closed on
Dec 18, 2015
Sold by
Proctor Mark L
Bought by
Proctor Mark L and The Mark L Proctor Trust

Purchase Details

Closed on
Aug 26, 2014
Sold by
Wrec San Pasqual Llc
Bought by
Proctor Mark L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.1%
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
Lakshman Sankar $1,825,000 Lawyers Title
Michele Canon Family Trust -- --
Canon Michele A -- --
Canon Brett B $1,750,000 Lawyers Title
Proctor Mark L -- None Available
Proctor Mark L $1,375,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakshman Sankar $1,000,000
Previous Owner Proctor Mark L $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2023 08/15/23 Sold $1,825,000 +1.4% $811 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $1,799,000 +2.8% $800 / Sq Ft
10/30/2019 10/30/19 Sold $1,750,000 +4.5% $778 / Sq Ft View Prior Sale
10/22/2019 10/22/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $1,675,000 -- $744 / 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 $20,508 $1,861,500 $1,249,500 $612,000
2024 $20,508 $1,825,000 $1,225,000 $600,000
2023 $20,897 $1,839,560 $1,103,736 $735,824
2022 $20,162 $1,803,492 $1,082,095 $721,397
2021 $19,337 $1,768,130 $1,060,878 $707,252
2019 $12,162 $1,113,057 $250,855 $862,202
2018 $12,454 $1,091,234 $245,937 $845,297
2016 $12,059 $1,048,862 $236,388 $812,474
2015 $11,929 $1,375,000 $962,000 $413,000
2014 $12,099 $1,048,144 $54,558 $993,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-14056

Pasadena-Foothills Association of REALTORS®

APN: 5327-001-199