1016 N El Molino Ave Pasadena, CA 91104

$839,000 Sold Price as of 08/09/2017

5 Beds
4 Baths
1,832 Sq.Ft.

Off Market

$839,000 Sold Price as of 08/09/2017 Refinance Your Mortgage

Map preview of 1016 N El Molino Ave, Pasadena, CA 91104

Property Overview: 1016 N El Molino Ave Pasadena, CA has 5 bedrooms, 4 bathrooms, 1,832 living square feet and 7,772 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1016 N El Molino Ave is currently an off market home in the city of Pasadena. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Pasadena has a median list price of $1,250,000. The median price per/sqft for Pasadena is $756. With those numbers in mind, if you are looking to purchase a median priced home in Pasadena, CA and put 20% down you will need to save up $250,000 for the down payment and will need roughly $25,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Pasadena the commission could be as much as $60,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1016 N El Molino Ave

Last sold for $839,000 on August 9th, 2017

August, 2017
Aug 10, 2017

Date

Sold

CRMLS: P0-817000144

$839,000

Price
Jul 27, 2017

Date

Pending

CRMLS: P0-817000144

$888,000

Price
Jul 5, 2017

Date

Active Under Contract

CRMLS: P0-817000144

$888,000

Price
Jun 11, 2017

Date

Active

CRMLS: P0-817000144

$888,000

Price
Listing provided courtesy of CRMLS

Located in the Washington Square Landmark District, this 3 unit property has tons of upside potential. The front house is a handsome bungalow with 3 BR/1.5 BA, charming front porch and has a 1 car garage with tons of storage. Attached to the garage is unit #1 which is a cute 1 BR/1 BA apartment. Unit #2 is a small cottage with 1 BR/1 BA as well. None of the units share common walls with the living space of another unit. There is a new 1 1/4' copper main line to the property and the front house has been re-piped and is all copper. Each unit has it's own yard and their own assigned parking spaces. All rents are under market value at present and could be increased. Two of the current leases go month to month after Aug. and one in Oct. With some TLC the sky is the limit on this one.

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August, 2017
Aug 9, 2017

Date

Sold (Public Records)

Public Records

$839,000

Price
April, 2017
Apr 27, 2017

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1016 N El Molino Ave

Assessed Value (2020): $1,022,495

Year	Land Value	Improved Value	Assessed Value
2020	$664,815	$357,680	$1,022,495

About 1016 N El Molino Ave

Detailed summary of property

1016 N El Molino Ave is categorized with a use code of Triplex (3 Units, Any Combination) in Pasadena, CA 91104 and last sold on August 9, 2017 for $839,000. This property has 5 bedrooms, 4 bathrooms, roughly 1,832 living square feet, and sits on an approximately 7,772 square foot lot. Homes in Pasadena are selling for a median price of $1,200,000 and a median price per square foot of $781. Based on Ardent Real Estate Group's Pasadena Market Data, this home is sold 30.08% lower than the current median priced home. 1016 N El Molino Ave was last sold on August 9, 2017 for $839,000. Local nearby listings include 549 N Wilson Ave #6, 546 N Marengo Ave #2 and 125 E Claremont St. The average home in Pasadena, CA is selling in 57 days. There are currently 334 homes for sale in the Pasadena real estate market and 175 of them are single family homes while 122 of them are condos and 37 are townhomes. If you are the homeowner and looking to sell the home at 1016 N El Molino Ave Pasadena, CA 91104 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 1016 N El Molino Ave

Public county record property details

Beds: 5
Baths: 4
Year built: 1921
Sq. Ft.: 1,832
Lot Size: 7,772
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 5
APN: 5730-023-007

The source for these homes facts are from public records.

91104 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,395,000

Median List Price/Sq.Ft.

$793

Median Sold Price

$1,200,000

Median Sold Price/Sq.Ft.

$915

Total Inventory

Median Sale to List Price %

114.39%

Avg Days on Market

Loan Type

Conventional (42.86%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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