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1026 South Madison Avenue

1026 South Madison Avenue, Pasadena, CA 91106
Property in Madison Heights
Sold Nov 03, 2005
$2,035,000
$1,675,000 by Recovo Mortgage Management Llc
Mortgage Due Jan 01, 2049
Sold Jun 10, 2002
$1,200,000
$780,000 by Union Bank
Mortgage Due Jun 01, 2032
Local assessors in Pasadena, CA have categorized 1026 South Madison Avenue as a residential type of property. The home was built in 1912 and is 112 years old. It was most recently renovated and altered in 1973. The property's lot size has been calculated to be 10,592 square feet. The linear feet between the front and back of the lot was measured at 1,450 ft and the front of the lot was measured at 730 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1026 South Madison Avenue has a total of 3,766 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a gable style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1026 South Madison Avenue was last sold in Oct 26, 2005 for $2,035,000. According to our calculations, that's $540.36 per sqft. Prior to that sales transaction, the property was sold for $1,200,000 in Apr 10, 2002. Current property owners are expected to pay $29,986 in taxes per year. The property on 1026 South Madison Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,745,135. To break that down further, the land itself was valued at $1,970,274. While improvements to the property were assessed at a total of $774,861. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Colonial
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,592
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 730
  • Total Building Area: 3,766
  • Building Area: 3,766
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 3,766
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MADISON AVENUE HEIGHTS
  • Land Acres: 0.243
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MADISON AVE HEIGHTS W 145 FT OF LOT/SEC 40

Ownership

  • Current Owner : BROWN JOHN
  • Previous Owner : SUAREZ HENRY J
  • Previous Owner 2: VALDES SUAREZ VIVIAN
  • Owner Before Previous Owner: BARKER PATRICIA G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Pasadena Unified School District
  • Census Tract: 464000

Zoning

  • Zoning: PSR6

Geography

  • Assessors Map Reference: 27-B6
  • Parcel: 5721-013-012
  • Lot: 40
  • Municipality: EAST /PAS WEST/S 210
  • Latitude: 34.1282
  • Longitude: -118.138

    Address

  • Full Address: 1026 S Madison Ave
  • Address - House Number: 1026
  • Street Direction: S
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Pasadena
  • Carrier Code: C076
  • 4-Digit Zip Code: 4365
  • Zip Code: 91106

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $29,986
  • Tax Rate Code Area: 07-500

    Appraisal Valuation

  • Standard Deviation: 0.2261
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 3,479,035
  • High Value: 4,265,748
  • Low Value: 2,692,322

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,025,000
  • First Open Lien Mortgage Lender: RECOVO MORTGAGE MANAGEMENT LLC
  • First Open Lien Mortgage Recording Date: Jan 03, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,675,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2049
  • Second Open Lien Mortgage Lender: PNC BANK NA
  • Second Open Lien Mortgage Recording Date: Jul 06, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $350,000
  • Second Open Lien Mortgage Term: 479
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,745,135
  • Assessed Land Value: $1,970,274
  • Assessed Improvements Value: $774,861

    Sales

  • Current Sale Contract Date: Oct 26, 2005
  • Current Sale Recording Date: Nov 03, 2005
  • Current Sale Transaction ID: 1013914814
  • Current Sale Price: $2,035,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 05-2659397
  • Previous Sale Recording Date: Jun 10, 2002
  • Previous Sale Contract Date: Apr 10, 2002
  • Previous Sale Amount: $1,200,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Nov 03, 2005
  • First Mortgage Loan Amount: $715,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: UNION BANK
  • Previous Mortgage Transaction Date: Jun 10, 2002
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $780,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2032

About Southeast Pasadena



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Frequently Asked Questions

What neighborhood is 1026 South Madison Avenue located in?
The 1026 South Madison Avenue is a located in the neighborhood of Madison Heights in Southeast Pasadena, Pasadena.
What is the average sales price for listings in 1026 South Madison Avenue?
The average sales price for units in 1026 South Madison Avenue is $0 currently.

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