863 N Summit Ave Pasadena, CA 91103

$790,000 Sold Price as of 12/01/2016

4 Beds
3 Baths
2,634 Sq.Ft.

Off Market

$790,000 Sold Price as of 12/01/2016 Refinance Your Mortgage

Map preview of 863 N Summit Ave, Pasadena, CA 91103

Property Overview: 863 N Summit Ave Pasadena, CA has 4 bedrooms, 3 bathrooms, 2,634 living square feet and 14,998 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

863 N Summit 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 863 N Summit Ave

Last sold for $790,000 on December 1st, 2016

May, 2018
May 29, 2018

Date

Expired

CRMLS: 316004478

--

Price
Listing provided courtesy of CRMLS

Freshly rehabbed 3 unit property, pro forma indicates possibility of $5,400 monthly rent. One 3/1.5 unit, one 2/2 and one 1/1. All have new kitchens with granite countertops, new cabinets and new sinks. All units have new laminate flooring, updated bathrooms, generous closet space and much more. New driveway and ample parking on large lot.

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May, 2018
May 29, 2018

Date

Expired

CRMLS: 316006190

--

Price
Listing provided courtesy of CRMLS

Freshly rehabbed 3 unit property, pro forma indicates possibility of $5,400 monthly rent. One 3/1.5 unit, one 2/2 and one 1/1. All have new kitchens with granite countertops, new cabinets and new sinks. All units have new laminate flooring, updated bathrooms, generous closet space and much more. New driveway and ample parking on large lot.

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December, 2016
Dec 1, 2016

Date

Sold (Public Records)

Public Records

$790,000

Price
January, 2016
Jan 25, 2016

Date

Sold (Public Records)

Public Records

$475,000

Price
October, 2014
Oct 24, 2014

Date

Price Change

CRMLS: P0-314032784

$475,000

Price
Listing provided courtesy of CRMLS

Triplex sitting on large lot. Front building is duplex, both units occupied and both are 2 bedrooms, 1 bath. Rear building is unfinished 1/1, kitchen and bathroom both torn out for remodeling purposes. Another building at extreme rear of property not habitable and likely needs to be torn down. A fixer, please do not disturb tenants or walk on property

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Tax History for 863 N Summit Ave

Assessed Value (2020): $838,352

Year	Land Value	Improved Value	Assessed Value
2020	$503,011	$335,341	$838,352

About 863 N Summit Ave

Detailed summary of property

863 N Summit Ave is categorized with a use code of Triplex (3 Units, Any Combination) in Pasadena, CA 91103 and last sold on December 1, 2016 for $790,000. This property has 4 bedrooms, 3 bathrooms, roughly 2,634 living square feet, and sits on an approximately 14,998 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 34.17% lower than the current median priced home. 863 N Summit Ave was last sold on December 1, 2016 for $790,000. Local nearby listings include 1054 Seco St #102, 256 Macdonald St and 125 N Raymond Ave #210. 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 863 N Summit 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 863 N Summit Ave

Public county record property details

Beds: 4
Baths: 3
Year built: 1904
Sq. Ft.: 2,634
Lot Size: 14,998
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 52
APN: 5725-011-015

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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