463 N Marengo Ave Pasadena, CA 91101

$600,000 Sold Price as of 05/03/2016

5 Beds
4 Baths
3,205 Sq.Ft.

Off Market

$600,000 Sold Price as of 05/03/2016 Refinance Your Mortgage

Map preview of 463 N Marengo Ave, Pasadena, CA 91101

Property Overview: 463 N Marengo Ave Pasadena, CA has 5 bedrooms, 4 bathrooms, 3,205 living square feet and 6,969 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

463 N Marengo 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 463 N Marengo Ave

Last sold for $600,000 on May 3rd, 2016

April, 2020
Apr 7, 2020

Date

Expired

CRMLS: PF20027545

$2,995

Price
Mar 26, 2020

Date

Withdrawn

CRMLS: PF20027545

$2,995

Price
Feb 6, 2020

Date

Active

CRMLS: PF20027545

$2,995

Price
Listing provided courtesy of CRMLS
May, 2018
May 29, 2018

Date

Sold

CRMLS: 316000927

$600,000

Price
Listing provided courtesy of CRMLS

This 4 units has lots of potential with upside opportunity. Conveniently located in a desirable area of Pasadena just north of Old Town Pasadena and to public transportation, the Lake Gold Line Station, 210 freeway access, restaurants, and shops. Rose Bowl is just less than 2 miles away. Front building has three units. Downstairs front unit has 1br/1ba, rear downstairs unit has 1br/1ba, and upstairs unit has 3br/1ba. Rear separate building is a single bachelor unit with 1br/1ba. The units needs some interior cosmetic repairs and upgrades.

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May, 2016
May 3, 2016

Date

Sold (Public Records)

Public Records

$600,000

Price

Tax History for 463 N Marengo Ave

Assessed Value (2020): $649,457

Year	Land Value	Improved Value	Assessed Value
2020	$487,093	$162,364	$649,457

About 463 N Marengo Ave

Detailed summary of property

463 N Marengo Ave is categorized with a use code of Quadruplex (4 Units, Any Combination) in Pasadena, CA 91101 and last sold on May 3, 2016 for $600,000. This property has 5 bedrooms, 4 bathrooms, roughly 3,205 living square feet, and sits on an approximately 6,969 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 50% lower than the current median priced home. 463 N Marengo Ave was last sold on May 3, 2016 for $600,000. Local nearby listings include 300 N El Molino Ave #213, 300 N El Molino Ave #208 and 708 N El Molino Ave. 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 463 N Marengo Ave Pasadena, CA 91101 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 463 N Marengo Ave

Public county record property details

Beds: 5
Baths: 4
Year built: 1923
Sq. Ft.: 3,205
Lot Size: 6,969
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 6
APN: 5725-023-029

The source for these homes facts are from public records.

91101 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$800,000

Median List Price/Sq.Ft.

$730

Median Sold Price

$800,000

Median Sold Price/Sq.Ft.

$798

Total Inventory

Median Sale to List Price %

99.01%

Avg Days on Market

Loan Type

Conventional (45.45%), FHA (0%), VA (0%), Cash (36.36%), Other (18.18%)

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