1599 N Raymond Ave Pasadena, CA 91103

$2,300,000 Sold Price as of 06/14/2016

-- Beds
11 Baths
9,524 Sq.Ft.

Off Market

$2,300,000 Sold Price as of 06/14/2016 Refinance Your Mortgage

Map preview of 1599 N Raymond Ave, Pasadena, CA 91103

Property Overview: 1599 N Raymond Ave Pasadena, CA has -- bedrooms, 11 bathrooms, 9,524 living square feet and 17,671 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1599 N Raymond 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 1599 N Raymond Ave

Last sold for $2,300,000 on June 14th, 2016

June, 2016
Jun 14, 2016

Date

Sold (Public Records)

Public Records

$2,300,000

Price
January, 2016
Jan 25, 2016

Date

Price Change

CRMLS: 15961795

$2,388,000

Price
Nov 26, 2015

Date

Price Change

CRMLS: 15961795

$2,488,000

Price
Listing provided courtesy of CRMLS

Price reduced! Submit all offers! Unique opportunity to acquire a non rent control, 7-unit apartment asset in a stable area of north Pasadena. The extremely rare unit mix consists of two 4 bedroom, 1 ½ bathroom townhouse units, two 4 bedroom, 1 ¾ bathroom units, two 3 bedroom, 1 bathroom units, and one 1 bedroom, 1 bathroom unit. The townhouse units measure approximately 1,850 square feet each. The property, which was built in 1964, consists of 9,524 rentable square feet on a 17,671 square foot lot (Buyer to verify). The asset has been meticulously maintained. Some of the many renovations include newer bathrooms, newer flooring, newer kitchen cabinets, and microwave hoods. A recent extensive capital improvement included the removal of a balcony and renovated decking. 1599 Raymond Ave represents a stable apartment investment at a low price per bedroom, with potential to continue raising rents in a well managed property.

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August, 2009
Aug 13, 2009

Date

Canceled

CRMLS: 12127266

$1,333,000

Price
Jul 15, 2009

Date

Active

CRMLS: 12127266

$1,333,000

Price
Listing provided courtesy of CRMLS

7 units non rent control in Pasadena. Long term tenants. 2 Large town house style (4Bd + 1.5BA). 2 Large (4BD + 1.75BA). 2 large (3BD + 1BA). 1(1BD + 1BA). Building is is in great condition. Copper plumbing. Separate electric and gas meters. 8 individual water heaters. Laundry income $2500. (leased). 3 Double Garage. Two schools ( cross street and Half block away).

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July, 2009
Jul 10, 2009

Date

Canceled

CRMLS: 12120283

$1,399,000

Price
Jan 15, 2009

Date

Active

CRMLS: 12120283

$1,399,000

Price
Listing provided courtesy of CRMLS

7 units apartment building non-rent control in Pasadena. Large building, large units, large lot, long term tenants. 2 large town houses style (4BD + 1.5BA). 2 large (4BD + 1.75BA), 2 large (3BD +1BA) and 1 (1BD +1BA). The building is in great condition, copper plumbing and much more just completed City of Paasadena inspection. Separate electric and gas meters, 8 individual water heaters. Laundry room additional income $2500 a year (leased). For additional information please call the listing agent.

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December, 2008
Dec 31, 2008

Date

Expired

CRMLS: 12113651

$1,550,000

Price
Jul 28, 2008

Date

Active

CRMLS: 12113651

$1,650,000

Price
Listing provided courtesy of CRMLS

7 units apartment building non-rent control in Pasadena. Large building, large units, large lot, long term tenants. 2 large town houses style (4BD + 1.5BA). 2 large (4BD + 1.75BA), 2 large (3BD +1BA) and 1 (1BD +1BA). The building is in great condition, copper plumbing and much more just completed City of Paasadena inspection. Separate electric and gas meters, 8 individual water heaters. Laundry room additional income $2500 a year (leased). For additional information please call the listing agent.

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August, 2000
Aug 18, 2000

Date

Sold (Public Records)

Public Records

$520,000

Price

Tax History for 1599 N Raymond Ave

Assessed Value (2020): $2,489,942

Year	Land Value	Improved Value	Assessed Value
2020	$1,515,404	$974,538	$2,489,942

About 1599 N Raymond Ave

Detailed summary of property

1599 N Raymond Ave is categorized with a use code of Apartment House (5+ Units) in Pasadena, CA 91103 and last sold on June 14, 2016 for $2,300,000. This property has -- bedrooms, 11 bathrooms, roughly 9,524 living square feet, and sits on an approximately 17,671 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 91.67% higher than the current median priced home. 1599 N Raymond Ave was last sold on June 14, 2016 for $2,300,000. Local nearby listings include 514 W Washington Blvd, 507 Anderson Pl and 518 W Washington Blvd. The average home in Pasadena, CA is selling in 59 days. There are currently 326 homes for sale in the Pasadena real estate market and 172 of them are single family homes while 118 of them are condos and 36 are townhomes. If you are the homeowner and looking to sell the home at 1599 N Raymond Ave Pasadena, CA 91103 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 1599 N Raymond Ave

Public county record property details

Beds: --
Baths: 11
Year built: 1964
Sq. Ft.: 9,524
Lot Size: 17,671
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: --
APN: 5836-025-018

The source for these homes facts are from public records.

91103 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,049,000

Median List Price/Sq.Ft.

$840

Median Sold Price

$1,565,000

Median Sold Price/Sq.Ft.

$696

Total Inventory

Median Sale to List Price %

130.53%

Avg Days on Market

Loan Type

Conventional (23.08%), FHA (0%), VA (0%), Cash (53.85%), Other (7.69%)

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(714) 706-1823

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