NOT LISTED FOR SALE

953 N Wilson Ave Pasadena, CA 91104

Bungalow Heaven Neighborhood

Estimated Value: $1,148,000 - $1,653,771

6 Beds
3 Baths
1,864 Sq Ft
$734/Sq Ft Est. Value

Last Sold August 14, 2014

Last sale price $799,000 $429 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $8,192/month

163 Days on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • Central Air
  • Pasadena High School Rated A
  • Laundry Room
  • 1-minute walk to McDonald Park

About This Home

As of August 2014

LOCATION! LOCATION!!LOCATION!!!Newly Renovated Craftsman Duplex Bungalow in Bungalow Heaven, Designed by An Innovative Architect, Christian Kienapfel, Paravant Architects. Each of Units Has its Own Driveway, Open and Bright Floor Plans and Equipped With New Electrical Meters, Central A/C & Tankless Water Heaters, New Kitchen Cabinets, Bath, Windows, etc. The Front Unit Has 3 Bed/1 Bath; Back Unit Has 3 Bed/1.5 Bath, Including a Gas Fireplace and a Master Suite. The Property Is Convenient Located In Front Of A Park, Close to Freeway, Lake District and OldTown. Rental income information is pro-forma. !!!!!!!!!!! Few new photos added: new fence, new refrigerators, new washers and dryers for both units. Please read the remarks, it is fully occupied units.

Last Agent to Sell the Property

Kuo Chang

White House Investment, Inc License #01258032 Listed on: 05/17/2014

Last Buyer's Agent

Sophia Liu

REAL ESTATE EBROKER, INC. License #01311695

REAL ESTATE EBROKER, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,170

Year Built

  • Built in 1921

Lot Details

  • 7,512 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • Craftsman Architecture

Interior Spaces

  • 1,864 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 4624
  • Assessor Parcel Number 5740018007

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $5,200
  • Net Operating Income $50,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,170

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • CapRate: 6.25
  • Other Phone Description: 626-429-9977
  • Other Phone Number: 626-429-9977
  • Price Per Unit: 414500
  • Property Attached: No
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 5740018007
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 428.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7512.00
  • Lot Size Acres: 0.1720

Multi Family

  • Average Studio Area: 1864
  • Gross Income: 5200.00
  • Gross Scheduled Income: 62400.00
  • Lot Size Area: 7512.0000 Square Feet
  • Net Operating Income: 50000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 12400.00
  • Rent Control: No

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 4624
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2014
Closed on
Aug 4, 2014
Sold by
Alameda Asset Investment Llc
Bought by
Chen Maggie Ekay and The Maggie Ekay Chen Revocable
Seller's Agent
Kuo Chang
White House Investment, Inc
Buyer's Agent
Sophia Liu
REAL ESTATE EBROKER, INC.
List Price
$829,000
Sold Price
$799,000
Premium/Discount to List
-$30,000
-3.62%
Current Estimated Value
$1,341,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,359
Avg. Annual Appreciation
4.80%

Purchase Details

Closed on
May 27, 2009
Sold by
Cortez Candelario
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 5, 2007
Sold by
Cortez Candelario
Bought by
Cortez Candelario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,000
Interest Rate
10.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2007
Sold by
Cortez Gerardo
Bought by
Cortez Candelario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 17, 2006
Sold by
Cortez Gerardo
Bought by
Cortez Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
10.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2005
Sold by
Cortez Candelario
Bought by
Cortez Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,500
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Chen Maggie Ekay $799,000 Lawyers Title
Us Bank National Association $376,209 National Title Ins Co Of Ny
Cortez Candelario -- United Title Company
Cortez Candelario -- None Available
Cortez Gerardo -- Fidelity National Title Co
Cortez Gerardo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cortez Candelario $48,000
Previous Owner Cortez Candelario $426,000
Previous Owner Cortez Candelario $46,000
Previous Owner Cortez Candelario $290,000
Previous Owner Cortez Gerardo $7,000
Previous Owner Cortez Gerardo $255,000
Previous Owner Cortez Gerardo $8,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2014 08/14/14 Sold $799,000 -3.6% $429 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
02/02/2014 02/02/14 For Sale $829,000 -- $445 / 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 $10,170 $894,165 $670,626 $223,539
2024 $10,170 $876,633 $657,477 $219,156
2023 $10,084 $859,445 $644,586 $214,859
2022 $9,737 $842,595 $631,948 $210,647
2021 $9,339 $826,074 $619,557 $206,517
2020 $8,967 $817,605 $613,205 $204,400
2019 $8,990 $801,575 $601,182 $200,393
2018 $9,146 $785,859 $589,395 $196,464
2016 $8,853 $755,345 $566,509 $188,836
2015 $8,757 $744,000 $558,000 $186,000
2014 $4,271 $344,852 $239,554 $105,298
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kuo Chang

    White House Investment, Inc

  • S

    Buyer's Agent in 2014

    Sophia Liu

    REAL ESTATE EBROKER, INC.

    (626) 585-8998

    8 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14027985

California Regional Multiple Listing Service (CRMLS)

APN: 5740-018-007

California Los Angeles County Pasadena 91104 Bungalow Heaven

953 N Wilson Ave, Pasadena, CA

This home is located at 953 N Wilson Ave, Pasadena, CA 91104 since 17 May 2014 and is currently estimated at $1,368,443, approximately $734 per square foot. This property was built in 1921. 953 N Wilson Ave is a home located in Los Angeles County with nearby schools including Longfellow (Henry W.) Elementary School, Charles W. Eliot Arts Magnet Academy, and Pasadena High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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