NOT LISTED FOR SALE

98 Grace Terrace Pasadena, CA 91105

Madison Heights Neighborhood

Estimated Value: $1,218,000 - $1,443,000

3 Beds
1.5 Baths
1,339 Sq Ft
$1,008/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $1,290,000 $963 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,943/month

13 Days on Market

Highlights

  • Views of Trees
  • Spanish Architecture
  • Home Office
  • Wood Flooring
  • No HOA
  • Built-In Features

About This Home

As of August 2024

Nestled atop Pasadena's storied Grace Hill, this charming 1924 Spanish revival home features many original details including arched doorways, hardwood floors, a Spanish clay tile roofline and rustic arroyo stone entry walls. Step through the leaded glass french doors into the living room that flows into the formal dining room and an adjacent study/office. On the main level there are two tandem bedrooms, one with deck access and a classic Jack & Jill bathroom rounds out the space. The upstairs primary suite includes a powder room and a large closet. The bright and charming kitchen features a separate laundry area and doors that open onto the deck. Sweeping treetop views await overlooking the hills of South Pasadena. Centrally located close to everything South Pasadena and Old Town Pasadena have to offer. Grace Walk, a charming hidden path, leads residents down to local favorites The Raymond, Yuca's tacos, and the Yoga House. This incredibly special home is ready to welcome its new stewards to historic Grace Hill.

Last Agent to Sell the Property

Jessica Webb-Simpson

MAISONRE License #02070038 Listed on: 07/11/2024

Last Buyer's Agent

Eddie Halaby

Redfin Corporation License #01944476

Redfin Corporation

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 60x50
  • Property is zoned PSR6

Property Views

  • Trees
  • Hills

Home Design

  • Spanish Architecture
  • Flat Roof Shape
  • Spanish Tile Roof

Interior Spaces

  • 1,339 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Dining Area
  • Home Office
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Parking Space
  • On-Street Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5719-014-016

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Nestled atop Pasadena's storied Grace Hill, this charming 1924 Spanish revival home features many original details including arched doorways, hardwood floors, a Spanish clay tile roofline & rustic arroyo stone entry walls. Step through the leaded glass french doors into the living room that flows into the dining room. There is an adjacent office which is a converted garage. On the main level there are two tandem bedrooms, one with deck access and a classic Jack and Jill bathroom. The upstairs primary suite includes a powder room & large closet. The bright and charming kitchen features a separate laundry area and doors that open onto the deck. Sweeping treetop views await overlooking the hills of South Pasadena. Centrally located close to everything South Pas and Old Town have to offer. Grace Walk, a charming path, leads down to local favorites The Raymond, Yuca's tacos & Yoga House
  • Living Area: 1339
  • Lot Acreage: 0.0473
  • Lot Dimensions: 60x50
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Appliances: Range
  • Bedrooms: 3
  • Full Bathroom: 0
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Refrigerator, Built-Ins, Range/Oven, Microwave
  • Price Per S Q F T: 892.46

Exterior Features

  • Other Structures: None
  • Pool: No
  • Roof: Flat, Spanish Tile
  • Spa Yn: No
  • View: Tree Top, Hills
  • View: Yes

Garage/Parking

  • Parking Garage: On street
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5719-014-016
  • Lot Size Area: 3000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Aug 23, 2024
Sold by
Hang Zhifeng
Bought by
Yang Lei
Seller's Agent
Jessica Webb-Simpson
MAISONRE
Buyer's Agent
Eddie Halaby
Redfin Corporation
List Price
$1,195,000
Sold Price
$1,290,000
Premium/Discount to List
$95,000
7.95%
Views
45
Current Estimated Value
$1,349,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,181
Avg. Annual Appreciation
3.38%
Original Mortgage
$350,000
Outstanding Balance
$345,963
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$1,003,218

Purchase Details

Listed on
Jul 11, 2024
Closed on
Aug 15, 2024
Sold by
Jessthony Trust and Orlando Anthony W
Bought by
Yang Yufeng and Yang Lei
Seller's Agent
Jessica Webb-Simpson
MAISONRE
Buyer's Agent
Eddie Halaby
Redfin Corporation
List Price
$1,195,000
Sold Price
$1,290,000
Premium/Discount to List
$95,000
7.95%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$345,963
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$1,003,218

Purchase Details

Closed on
Jul 31, 2020
Sold by
Orlando Anthony Williams and Orlando Jessica Lee
Bought by
Orlando Anthony W and Orlando Jessica L

Purchase Details

Listed on
Apr 20, 2020
Closed on
May 4, 2020
Sold by
Minter George and Minter Annalie Hudson
Bought by
Orlando Anthony Williams and Minter Annnalie Hudson
Seller's Agent
Ted Clark
COMPASS
List Price
$849,000
Sold Price
$888,250
Premium/Discount to List
$39,250
4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$510,400
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2013
Sold by
Minter George
Bought by
Minter George and Minter Annalie Hudson

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
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2012
Sold by
Minter Annalie Hudson
Bought by
Minter George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2009
Sold by
Pastron Antonia Gabrielle
Bought by
Minter George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2002
Sold by
Emerson Steven D and Emerson Taryn Markey
Bought by
Pastron Antonia Gabrielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,500
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2000
Sold by
Emerson Steven D
Bought by
Emerson Steven D and Emerson Taryn Markey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 10, 2000
Sold by
Emerson Taryn Markey
Bought by
Emerson Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 18, 1999
Sold by
Emerson Steven D
Bought by
Emerson Steven D and Emerson Taryn Markey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.95%

Purchase Details

Closed on
Aug 17, 1999
Sold by
Emerson Taryn Markey
Bought by
Emerson Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.95%

Purchase Details

Closed on
Jul 20, 1999
Sold by
Young Gladys E Trust
Bought by
Emerson Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.95%

Purchase Details

Closed on
Mar 2, 1995
Sold by
Young Gladys E
Bought by
Young Gladys E and Gladys E Young Living Trust
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
Yang Lei -- Equity Title Company
Yang Yufeng $1,290,000 Equity Title Company
Orlando Anthony W -- None Available
Orlando Anthony Williams $888,500 Orange Coast Title Company
Minter George -- Lawyers Title
Minter George -- Lawyers Title Co
Minter George $577,500 Equity Title Company
Pastron Antonia Gabrielle $438,500 Equity Title Company
Emerson Steven D -- --
Emerson Steven D -- North American Title Co
Emerson Steven D -- --
Emerson Steven D -- Chicago Title
Emerson Steven D $255,000 Chicago Title
Young Gladys E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Yufeng $350,000
Previous Owner Orlando Anthony Williams $510,400
Previous Owner Minter George $417,000
Previous Owner Minter George $392,000
Previous Owner Minter George $400,000
Previous Owner Pastron Antonia Gabrielle $288,500
Previous Owner Emerson Steven D $30,000
Previous Owner Emerson Steven D $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $1,290,000 +7.9% $963 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $1,195,000 +34.5% $892 / Sq Ft
05/20/2020 05/20/20 Sold $888,250 +4.6% $633 / Sq Ft View Prior Sale
05/13/2020 05/13/20 Pending -- -- --
04/20/2020 04/20/20 For Sale $849,000 -- $605 / 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 $10,745 $1,290,000 $1,162,800 $127,200
2024 $10,745 $952,380 $482,490 $469,890
2023 $10,635 $933,707 $473,030 $460,677
2022 $10,262 $915,400 $463,755 $451,645
2021 $9,843 $897,452 $454,662 $442,790
2020 $7,306 $681,255 $538,799 $142,456
2019 $7,324 $667,898 $528,235 $139,663
2018 $7,480 $654,803 $517,878 $136,925
2016 $7,242 $629,378 $497,769 $131,609
2015 $7,162 $619,926 $490,293 $129,633
2014 $7,009 $607,783 $480,689 $127,094
Source: Public Records

Agents Affiliated with this Home

  • Jessica Webb-Simpson

    Seller's Agent in 2024

    Jessica Webb-Simpson

    MAISONRE

    (917) 674-7200

    2 in this area

    13 Total Sales

    Jessica Webb-Simpson
    Section Image

  • E

    Buyer's Agent in 2024

    Eddie Halaby

    Redfin Corporation

    Eddie Halaby
    Section Image
  • Ted Clark

    Seller's Agent in 2020

    Ted Clark

    COMPASS

    (626) 817-2123

    7 in this area

    84 Total Sales

    Ted Clark
    Section Image
  • Heather Lillard

    Seller Co-Listing Agent in 2020

    Heather Lillard

    COMPASS

    (323) 363-3610

    7 in this area

    83 Total Sales

    Heather Lillard
    Section Image
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Map

Source: The MLS

MLS Number: 24-400483

The MLS

APN: 5719-014-016

California Los Angeles County Pasadena 91105 Madison Heights

98 Grace Terrace, Pasadena, CA

Not Listed for Sale

Detached

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