NOT LISTED FOR SALE

938 Arroyo Dr South Pasadena, CA 91030

Estimated Value: $1,343,000 - $2,249,759

4 Beds
3 Baths
2,021 Sq Ft
$924/Sq Ft Est. Value

Last Sold November 09, 2012

Last sale price $885,000 $438 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $11,236/month

4 Days on Market

Highlights

  • Canyon View
  • Arroyo Vista Elementary Rated A+
  • No HOA

About This Home

As of November 2012

3-Units located in one of the most desireable rental areas of South Pasadena with view of the Arroyo Seco Golf Course area. The unit mix here is ONE 2-Bedroom and TWO 1-Bedroom units each with ONE bathroom. Long driveway leads to 3 rear covered parking spaces and motor court. Shared laundry room adjacent to parking. The top unit is the larger 2-bedroom unit with hardwood in bedrooms and carpet in livingroom. Center 1-bedroom unit has new dual pane windows and hardwood floors. Click on Supplements for FLOOR PLAN. Offer subject to interior inspection and please do not disturb occupants.

Last Agent to Sell the Property

Daniel Garcia

Century 21 Cornerstone License #01374819 Listed on: 09/21/2012

Last Buyer's Agent

Jim Rock

Podley Properties License #01057765

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,738

Year Built

  • Built in 1953

Lot Details

  • 6,738 Sq Ft Lot

Interior Spaces

  • 2,021 Sq Ft Home
  • Canyon Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces

Listing and Financial Details

  • Tax Lot 117
  • Tax Tract Number 123
  • Assessor Parcel Number 5313010055

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Gardener Expense $960
  • Insurance Expense $1,020
  • Maintenance Expense $300
  • Trash Expense $720
  • Water Sewer Expense $1,560
  • New Taxes Expense $11,800
  • Gross Income $43,800
  • Net Operating Income $38,724

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,738

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: Yes
  • View: Yes
  • Water Sewer Expenses: 1560.00
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 5313010055
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 437.90

Exterior Features

  • View: Canyon

Garage/Parking

  • Carport Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Trash Expense: 720.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6738.00
  • Lot Size Acres: 0.1550

Multi Family

  • Electric Expense: 420.00
  • Gross Income: 43800.00
  • Gross Scheduled Income: 43800.00
  • Insurance Expense: 1020.00
  • Lot Size Area: 6738.0000 Square Feet
  • Maintenance Expense: 300.00
  • Net Operating Income: 38724.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 5076.00
  • Rent Control: No
  • Total Actual Rent: 3650.00

Tax Info

  • New Taxes Expense: 11800.00
  • Tax Lot: 117
  • Tax Tract Number: 0123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2024
Sold by
Lee Vincent Wosang and Lee Jane L
Bought by
Vincent W Lee And Jane Lee Inter Vivos Trust and Lee
Current Estimated Value
$1,866,440

Purchase Details

Listed on
Sep 21, 2012
Closed on
Sep 28, 2012
Sold by
Cooper Kenneth D and Cooper Stephanie I
Bought by
Lee Vincent Wosang and Lee Jane L
Seller's Agent
Daniel Garcia
Century 21 Cornerstone
Buyer's Agent
Jim Rock
Podley Properties
List Price
$885,000
Sold Price
$885,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$645,300
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2006
Sold by
Cooper Kenneth D and Cooper Stephanie I
Bought by
Cooper Kenneth D

Purchase Details

Closed on
Aug 12, 2005
Sold by
Reneau Jeannine Louise
Bought by
Cooper Kenneth D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac
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
Vincent W Lee And Jane Lee Inter Vivos Trust -- None Listed On Document
Lee Vincent Wosang $885,000 Lawyers Title Company
Cooper Kenneth D -- None Available
Cooper Kenneth D $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Vincent Wosang $645,300
Previous Owner Cooper Kenneth D $520,000
Previous Owner Reneau Jeannine Louise $50,000
Previous Owner Reneau Jeannine Louise $240,000
Previous Owner Reneau Jeannine Louise $220,000
Previous Owner Reneau Jeannine Louise $50,000
Previous Owner Reneau Jeannine Louise $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2012 11/09/12 Sold $885,000 0.0% $438 / Sq Ft
09/25/2012 09/25/12 Pending -- -- --
09/21/2012 09/21/12 For Sale $885,000 -- $438 / 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 $13,738 $1,089,803 $653,883 $435,920
2024 $13,738 $1,068,435 $641,062 $427,373
2023 $13,451 $1,047,487 $628,493 $418,994
2022 $13,145 $1,026,949 $616,170 $410,779
2021 $12,914 $1,006,814 $604,089 $402,725
2019 $12,541 $976,953 $586,172 $390,781
2018 $12,169 $957,798 $574,679 $383,119
2016 $11,285 $920,607 $552,364 $368,243
2015 $11,102 $906,779 $544,067 $362,712
2014 $10,959 $889,017 $533,410 $355,607
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: W12118349

California Regional Multiple Listing Service (CRMLS)

APN: 5313-010-055