NOT LISTED FOR SALE

Estimated Value: $924,000 - $1,655,000

4 Beds
4 Baths
2,642 Sq Ft
$535/Sq Ft Est. Value

Last Sold July 22, 2013

Last sale price $690,000 $261 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $8,209/month

22 Days on Market

Highlights

  • Double Pane Windows
  • Views
  • Forced Air Heating and Cooling System
  • Pasadena High School Rated A
  • Laundry Room
  • 2 Car Garage

About This Home

As of July 2013

Introducing a great Pasadena duplex (EACH UNIT is 2 beds and 1.5 baths) in Northeast Pasadena that is GREAT for an extended family, investment, or live in one and rent the other. This property exudes pride of ownership. This Spanish Revival has a newer roof, almost all newer dual-pane custom windows, and tons of great character. Each unit has two beds, 1.5 baths, their own basements, separate entrances, newer central air systems, modern kitchens, inside laundries, wood floors under carpet, & separate water heaters, electric & gas meters. Living rooms open to spacious dining rooms through a bricked arch. Wide cement driveway, a 2 car garage, lots of grass, and fruit trees. The front has a nice lawn, and the home is anchored by two Crape Myrtle trees. This is a great convenient location, and a property like this doesn't come on the market but once in a great while. No rent control. Sold with a home warranty. Standard sale.

Last Agent to Sell the Property

Michael Bell

Sotheby's International Realty, Inc. License #01164731 Listed on: 05/31/2013

Sotheby's International Realty, Inc.

Last Buyer's Agent

Giusy Mele-Brown

COMPASS License #01252230

COMPASS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 7,506 Sq Ft Lot
  • West Facing Home

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Stucco

Interior Spaces

  • Double Pane Windows
  • Laundry Room
  • Property Views
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5742007021

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 5742007021
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 264.57
  • Room Type: All Bedrooms Up, Basement
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7506.00
  • Lot Size Acres: 0.1723

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 7506.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Patio: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2013
Closed on
Jun 14, 2013
Sold by
Mazmanian Nicholas and 1996 Nicholas Mazmanian Revoca
Bought by
Register Richard A and Cole Kristi E
Seller's Agent
Michael Bell
Sotheby's International Realty, Inc.
Buyer's Agent
Giusy Mele-Brown
COMPASS
List Price
$699,000
Sold Price
$690,000
Premium/Discount to List
-$9,000
-1.29%
Current Estimated Value
$1,412,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$722,295
Avg. Annual Appreciation
5.93%
Original Mortgage
$465,000
Outstanding Balance
$336,454
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,075,841

Purchase Details

Closed on
Jan 23, 2006
Sold by
Mazmanian Nicholas
Bought by
Mazmanian Nicholas and 1996 Nicholas Mazmanian Revoca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2002
Sold by
Mazmanian Nicholas
Bought by
Mazmanian Nicholas and 1996 Nicholas Mazmanian Revoca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,500
Interest Rate
5.88%

Purchase Details

Closed on
Nov 8, 1999
Sold by
Mazmanian Nicholas
Bought by
The 1996 Nicholas Mazmanian Revocable Li

Purchase Details

Closed on
May 6, 1998
Sold by
Mazmanian Nicholas and The 1996 Nicholas Mazmanian Re
Bought by
Mazmanian Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
7.01%

Purchase Details

Closed on
Apr 26, 1996
Sold by
Mazmanian Nicholas
Bought by
The 1996 Nicholas Mazmanian Revocable Li
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
Register Richard A $690,000 Fidelity Van Nuys
Mazmanian Nicholas -- Accommodation
Mazmanian Nicholas -- First American Title Co
Mazmanian Nicholas -- Gateway Title Company
Mazmanian Nicholas -- Gateway Title Company
The 1996 Nicholas Mazmanian Revocable Li -- First American
Mazmanian Nicholas -- First American Title Co
The 1996 Nicholas Mazmanian Revocable Li -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Register Richard A $465,000
Previous Owner Mazmanian Nicholas $156,000
Previous Owner Mazmanian Nicholas $140,500
Previous Owner Mazmanian Nicholas $146,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2013 07/22/13 Sold $690,000 -1.3% $261 / Sq Ft
06/22/2013 06/22/13 Pending -- -- --
05/31/2013 05/31/13 For Sale $699,000 -- $265 / 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 $9,724 $845,834 $551,634 $294,200
2024 $9,724 $829,250 $540,818 $288,432
2023 $9,642 $812,991 $530,214 $282,777
2022 $9,312 $797,051 $519,818 $277,233
2021 $8,929 $781,424 $509,626 $271,798
2019 $8,598 $758,249 $494,511 $263,738
2018 $8,721 $743,382 $484,815 $258,567
2016 $8,430 $714,518 $465,990 $248,528
2015 $8,338 $703,786 $458,991 $244,795
2014 $8,169 $690,000 $450,000 $240,000
Source: Public Records

Agents Affiliated with this Home

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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-22176080

Pasadena-Foothills Association of REALTORS®

APN: 5742-007-021