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518 North Mentor Avenue

518 North Mentor Avenue, Pasadena, CA 91106
Sold Feb 28, 2007
$2,545,000
$1,050,000 by First Republic Bank
Mortgage
518 North Mentor Avenue in Pasadena, CA was first built in 1989 and is 35 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 32 are bedrooms. In terms of bathrooms, there are a total of 24 full bathrooms. There are 24 partial bathrooms. 518 North Mentor Avenue has 14,044 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 13,934 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. The property was last sold in Feb 14, 2007 for $2,545,000. That's $181.22 per sqft. 518 North Mentor Avenue was last assessed in 2023. The total value of the property was assessed at $3,277,351. Specifically, the land the property is located on was valued at $1,732,039. While improvements on the property were assessed at a total of $1,545,312. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $38,032. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 32
  • Bathroom Count: 24
  • Full Bathrooms: 24
  • Partial Bathrooms: 24
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 12
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,934
  • Total Building Area: 14,044
  • Gross Building Area: 14,044
  • Building Area: 14,044
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 14,044
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALTER MORROW TRACT
  • Land Acres: 0.32
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: WALTER MORROW TRACT S 60 FT OF E 231.6 FT OF LOT/SEC 20

Ownership

  • Current Owner : LI NATHANIEL
  • Previous Owner : ALBRIGHT DENISE M
  • Previous Owner 2: BARATTA MARK
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Pasadena Unified School District
  • Census Tract: 462301

Zoning

  • Zoning: PSR3

Geography

  • Assessors Map Reference: 27-B3
  • Subdivision Tract Number: S
  • Parcel: 5732-014-025
  • Lot: 20
  • Municipality: EAST /PASA/SAN MARINO
  • Latitude: 34.155
  • Longitude: -118.13

    Address

  • Full Address: 518 N Mentor Ave
  • Address - House Number: 518
  • Street Direction: N
  • Address - Street Name: Mentor
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Pasadena
  • Carrier Code: C044
  • 4-Digit Zip Code: 1088
  • Zip Code: 91106

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $38,032
  • Tax Rate Code Area: 07-500

    Appraisal Valuation

  • Standard Deviation: 0.1164
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 3,354,783
  • High Value: 3,745,477
  • Low Value: 2,964,088

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,050,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Apr 23, 2021
  • First Open Lien Mortgage Loan Amount: $1,050,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,277,351
  • Assessed Land Value: $1,732,039
  • Assessed Improvements Value: $1,545,312

    Sales

  • Current Sale Contract Date: Feb 14, 2007
  • Current Sale Recording Date: Feb 28, 2007
  • Current Sale Transaction ID: 1032672204
  • Current Sale Price: $2,545,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 07-0433119

    Last Sale Mortgage

  • First Mortgage Lender: THE BANK OF EAST ASIA USA NA
  • First Mortgage Transaction Date: Feb 28, 2007
  • First Mortgage Loan Amount: $1,325,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

About Northwest Pasadena



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Frequently Asked Questions

What neighborhood is 518 North Mentor Avenue located in?
The 518 North Mentor Avenue is a located in the neighborhood of Northwest Pasadena in Northwest Pasadena, Pasadena.
What is the average sales price for listings in 518 North Mentor Avenue?
The average sales price for units in 518 North Mentor Avenue is $0 currently.

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