NOT LISTED FOR SALE

978 S Marengo Ave Unit 113 Pasadena, CA 91106

Madison Heights Neighborhood

Estimated Value: $1,058,000 - $1,337,000

3 Beds
2.5 Baths
1,580 Sq Ft
$515/mo HOA Fee

Last Sold September 10, 2021

Last sale price $980,000 $620 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,497/month

5 Days on Market

Highlights

  • 0.53 Acre Lot
  • 2 Car Attached Garage
  • Soaking Tub
  • Wood Flooring
  • Eat-In Kitchen
  • 5-minute walk to Allendale Park

About This Home

As of September 2021

RARE Opportunity! Fulfill your dreams in this Majestic French Chateau located in the Exclusive Madison Heights district of Pasadena. Living room views the Courtyard with Reflecting Ponds & Fountain. As You enter the Foyer, You are Welcomed by the Soaring 9-Foot-Ceilings, Custom Stone Fireplaces, Recessed Lighting Throughout. Open Kitchen with Newer Appliances & Plenty of Cabinets. Powder Room located Downstairs. All bedrooms are Upstairs. Master Bedroom Offers High Ceiling, Balcony & Spacious Walk in Closet. Master Suite Bath features White Carrera Marble, Travertine Flooring & Soaking Tub & a Shower. Laundry is Downstair Along with a Den that you can use as an Office. 2 Private Single Car Garages. One attached & one detached. HOA covers Trash, Gated Parking Access & Maintenance. Conveniently Located near South Lake Shopping District, Old Town, Cal Tech, and the Gold Line Lake Station, Markets, Restaurants, Parks, Schools & Freeways. There’s Nothing Like This Home, Come See Your New Home Today! Hurry, This Won’t Last! All offers are Welcomed!

Last Agent to Sell the Property

Michelle Leonardi

Partner Real Estate License #02010847 Listed on: 08/05/2021

Partner Real Estate

Last Buyer's Agent

BRANDON BENSON

Partner Real Estate License #02023751

Partner Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • Two or More Common Walls
  • Sprinklers Throughout Yard
  • Density is up to 1 Unit/Acre

HOA Fees

  • $515 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,580 Sq Ft Home
  • Gas Fireplace
  • Entryway
  • Living Room with Fireplace
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • No Utilities

Community Details

  • 16 Units
  • Cardinal Management Group Association, Phone Number (323) 373-3182
  • Maintained Community

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 60211
  • Assessor Parcel Number 5720021049

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

HOA Fees

$515 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: PSR-
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5720021049
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1580.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room, Gas
  • Levels: Two, Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 620.25
  • Room Type: All Bedrooms Up, Entry, Living Room, Master Bedroom, Walk-In Closet
  • Bathroom Features: Shower, Soaking Tub

Exterior Features

  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: None
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash
  • Association Fee: 515.00
  • Association Fee Frequency: Monthly
  • Association Name: Cardinal Management Group
  • Phone: 323-373-3182
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Cardinal Management Group

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side
  • Lot Size Sq Ft: 23173.00
  • Lot Size Acres: 0.5320

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23173.0000 Square Feet
  • Number Of Units In Community: 16
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4640.00
  • Tax Lot: 1
  • Tax Tract Number: 60211

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Sep 27, 2018
Sold by
Bermudez Alexander and Camps Campins Isabelle
Bought by
Lam Yu Hin and Gao Jie
Seller's Agent
Kent Forsyth
House of Realty
Buyer's Agent
ALLEN WONG
REDHILL REAL ESTATE SERVICES
List Price
$880,000
Sold Price
$880,000
Current Estimated Value
$1,140,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,453
Avg. Annual Appreciation
3.75%
Original Mortgage
$480,000
Outstanding Balance
$417,726
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$729,663

Purchase Details

Closed on
Nov 13, 2008
Sold by
Fairview Investment Group Llc
Bought by
Bermudez Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,050
Interest Rate
6.37%
Mortgage Type
Seller Take Back
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
Lam Yu Hin $880,000 Orange Coast Title
Bermudez Alexander $699,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Yu Hin $480,000
Previous Owner Bermudez Alexander $464,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2021 09/10/21 Sold $980,000 +5.9% $620 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $925,000 +5.1% $585 / Sq Ft
10/11/2018 10/11/18 Sold $880,000 0.0% $557 / Sq Ft View Prior Sale
08/22/2018 08/22/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $880,000 -- $557 / 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 $12,089 $1,039,982 $609,769 $430,213
2024 $11,491 $1,019,591 $597,813 $421,778
2023 $11,393 $999,600 $586,092 $413,508
2022 $10,994 $980,000 $574,600 $405,400
2021 $9,969 $906,899 $519,715 $387,184
2020 $9,563 $897,600 $514,386 $383,214
2019 $9,589 $880,000 $504,300 $375,700
2018 $9,001 $791,103 $423,507 $367,596
2016 $8,721 $760,385 $407,062 $353,323
2015 $8,624 $748,964 $400,948 $348,016
2014 $8,437 $734,293 $393,094 $341,199
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michelle Leonardi

    Partner Real Estate

    (626) 341-3115

    1 in this area

    73 Total Sales

    Michelle Leonardi
    Section Image

  • B

    Buyer's Agent in 2021

    BRANDON BENSON

    Partner Real Estate

    (626) 789-0159

    1 in this area

    22 Total Sales

    BRANDON BENSON
    Section Image

  • K

    Seller's Agent in 2018

    Kent Forsyth

    House of Realty

    (818) 419-8083

    12 Total Sales

    Kent Forsyth
    Section Image

  • A

    Buyer's Agent in 2018

    ALLEN WONG

    REDHILL REAL ESTATE SERVICES

    (626) 288-7824

    ALLEN WONG
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21170577

California Regional Multiple Listing Service (CRMLS)

APN: 5720-021-049

California Los Angeles County Pasadena 91106 Madison Heights

978 S Marengo Ave Unit 113, Pasadena, CA

Not Listed for Sale

Condos

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