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381 Parke Street

381 Parke Street, Pasadena, CA 91101
Property in Villa Parke
Refi Jun 28, 2022
Transfer
$370,000 by Prospect Financial Group Inc
Mortgage Due Jul 01, 2052
381 Parke Street has been categorized by the local assessors in Pasadena, CA as a residential type of property. The building on the property was first built in 1905 and is 119 years old. The home has a total of 6 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 381 Parke Street has 2,489 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,780 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 8,929 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a hip style roof made of composition shingle. The inside of the home is being cooled with a window/unit air conditioning at the moment. In terms of heating, it is utilizing floor/wall heating system. Finally, the property is currently sourcing its water from a municipal system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $3,912 in taxes per year. The property on 381 Parke Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $311,809. To break that down further, the land itself was valued at $124,569. While improvements to the property were assessed at a total of $187,240. 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: 1905
  • Effective Year Built: 1905
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,929
  • Lot Size Depth Feet: 1,780
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,489
  • Building Area: 2,489
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 2,489
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: S O MCGREWS SUBDIVISION
  • Land Acres: 0.205
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: S O MC GREWS SUB E 30 FT OF LOT 3 AND W 20 FT OF LOT/SEC 4

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Pasadena Unified School District
  • Census Tract: 461901

Zoning

  • Zoning: PSR1

Geography

  • Assessors Map Reference: 27-A3
  • Parcel: 5725-029-005
  • Lot: 3
  • Municipality: EAST /PAS W/N OF 210
  • Latitude: 34.1571
  • Longitude: -118.143

    Address

  • Full Address: 381 Parke St
  • Address - House Number: 381
  • Address - Street Name: Parke
  • Address - Suffix Type: St
  • State: CA
  • City Name: Pasadena
  • Carrier Code: C003
  • 4-Digit Zip Code: 1018
  • Zip Code: 91101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,912
  • Tax Rate Code Area: 07-498

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,213,888
  • High Value: 1,485,068
  • Low Value: 942,708

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $370,000
  • First Open Lien Mortgage Lender: PROSPECT FINANCIAL GROUP INC
  • First Open Lien Mortgage Recording Date: Jun 28, 2022
  • First Open Lien Mortgage Loan Amount: $370,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,809
  • Assessed Land Value: $124,569
  • Assessed Improvements Value: $187,240

    Exemptions

  • Homeowner Exemption: Yes

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Frequently Asked Questions

What neighborhood is 381 Parke Street located in?
The 381 Parke Street is a located in the neighborhood of Villa Parke in Northwest Pasadena, Pasadena.
What is the average sales price for listings in 381 Parke Street?
The average sales price for units in 381 Parke Street is $0 currently.

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