111 South Oak Knoll Avenue

111 South Oak Knoll Avenue has been categorized by the local assessors in Pasadena, CA as a commercial type of property. The building on the property was first built in 1950 and is 74 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 111 South Oak Knoll Avenue has 7,400 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 26,124 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 111 South Oak Knoll Avenue sold most recently in Jan 27, 2020 for a total of $10,175,000. If you work out the math, that's approximately a cost of $1,375.00 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $66,668 in taxes each year. The initial year of tax delinquency occurred in 2020. 111 South Oak Knoll Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,618,160. If we break it down further, the land itself was valued at $3,121,200. Improvements to the property, however, were assessed at a total of $2,496,960. The property's total assessed value has been marked as more than the total market value 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!