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985 Medford Road

985 Medford Road, Pasadena, CA 91107
Sold Dec 18, 2020
$850,000
$680,000 by Banrock Financial Corp
Mortgage Due Jan 01, 2051
985 Medford Road in Pasadena, CA was first built in 1951 and is 73 years old. Although, the building on the property was most recently renovated and altered in 1957. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 985 Medford Road has 1,436 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. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,210. In total, the area measurement of the land is 7,216 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of wood shake/ shingles. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. There is one available parking space. 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. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 985 Medford Road sold most recently in Nov 21, 2020 for a total of $850,000. If you work out the math, that's approximately a cost of $591.92 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 $9,980 in taxes each year. 985 Medford Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $884,340. If we break it down further, the land itself was valued at $707,472. Improvements to the property, however, were assessed at a total of $176,868. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,216
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,436
  • Building Area: 1,436
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,436
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 17
  • Land Acres: 0.166
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 17O89 LOT/SEC 75

Ownership

  • Current Owner : KAZANDJIAN ALEKMAN
  • Current Owner 2: KOUSHIAN MIREILLE KIJE
  • Previous Owner : CHAN TOM S
  • Previous Owner 2: SHEN GLORIA P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Pasadena Unified School District
  • Census Tract: 460002

Zoning

  • Zoning: PSR6

Geography

  • Assessors Map Reference: 28-B2
  • Subdivision Tract Number: 17
  • Parcel: 5758-020-008
  • Lot: 75
  • Municipality: EAST /PAS EAST/N 210
  • Latitude: 34.1632
  • Longitude: -118.072

    Address

  • Full Address: 985 Medford Rd
  • Address - House Number: 985
  • Address - Street Name: Medford
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Pasadena
  • Carrier Code: C016
  • 4-Digit Zip Code: 1914
  • Zip Code: 91107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,980
  • Tax Rate Code Area: 07-500

    Appraisal Valuation

  • Standard Deviation: 0.2198
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 1,343,090
  • High Value: 1,638,322
  • Low Value: 1,047,859

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $820,000
  • First Open Lien Mortgage Lender: BANROCK FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Dec 18, 2020
  • First Open Lien Mortgage Loan Amount: $680,000
  • 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: Jan 01, 2051
  • Second Open Lien Mortgage Lender: BETHPAGE FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jan 18, 2024
  • Second Open Lien Mortgage Loan Amount: $140,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 28, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $884,340
  • Assessed Land Value: $707,472
  • Assessed Improvements Value: $176,868

    Sales

  • Current Sale Contract Date: Nov 21, 2020
  • Current Sale Recording Date: Dec 18, 2020
  • Current Sale Transaction ID: 11807811786
  • Current Sale Price: $850,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1683382

    Last Sale Mortgage

  • First Mortgage Lender: BANROCK FINANCIAL CORP
  • First Mortgage Transaction Date: Dec 18, 2020
  • First Mortgage Loan Amount: $680,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 985 Medford Road located in?
The 985 Medford Road is a located in the neighborhood of Upper Hastings Ranch in Far East Pasadena, Pasadena.
What is the average sales price for listings in 985 Medford Road?
The average sales price for units in 985 Medford Road is $0 currently.

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