3 months on rocket

497 S El Molino Ave Unit 311, Pasadena, CA, 91101

$770,000

Home List Price

$9,144*

Closing Credit

3 Bedrooms
2 Full Baths
1,512 SqFt
$509/SqFt
Condo

Location

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497 S El Molino Ave Unit 311, Pasadena$770,000

Buyer Closing Credits

$9,144*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned
Garage2 spaces
Year Built1972
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
ViewCity Lights
MLS #TR24170988
Lot Size0.59 Acres
StatusActive

About 497 S El Molino Ave Unit 311

Enjoy a top floor corner unit located in the heart of Pasadena. This charming three bedroom and two bath condo is conveniently situated near trendy restaurants, shopping, theaters, museums, and public transportation. Walking distance to shops on Lake Avenue, The Paseo shopping mall, Old Town Pasadena, and the renowned California Institute of Technology. Freshly painted throughout, the home features new flooring. The kitchen and bathrooms have been remodeled and updated. A large sliding glass door leads to a balcony that offers a delightful view of the city. The spacious dining room can be used as a home office or a den. This condo offers the benefit of lower property taxes. Amenities include: Community recreation room, laundry facility, common patio with table and grills, tandem 2-car parking space, a storage unit, Heat and A/C. The HOA covers the unit’s electricity, water, hot water, trash, gas, common patio, janitorial and maintenance services for common area and earthquake insurance for the building and common areas. This condo is located in close proximity to the Metro Gold Line, Playhouse District, and The Art Center, as well as excellent public and private schools. This welcoming home is truly unique and a rare find in today's market. It is a “must see” to fully appreciate.

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Stories: 1
  • Living Area: 1,512 SqFt

Listing Office:

  • Office Name: ReMax 2000 Realty
  • Office Phone: (626) 253-2288
  • Listing Agent: Susan Zhang

Interior Features

Interior Information:

  • Appliances: Disposal, Gas Oven, Refrigerator, Range Hood, Water Heater
  • Flooring Type: Wood
  • Interior: Balcony, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights
  • Exterior: Lighting

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.59 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 210 FWY / Lake Ave/ El Molino

Price Information

Listing Price Info

Price Summary:

  • List Price: $770,000
  • Price Per SqFt: $509/SqFt

HOA Fees:

  • Amount: $854
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $7,020
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Pasadena, CA.

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Pasadena, CA

City

Med. Sold Price

$1.2M

Med. Price/SqFt

$765

Avg. Days On Market

40

# of Sold Homes

85

497 S El Molino Ave Unit 311 vs Pasadena

93 DAYS ON ROCKET

+53 Days

$770,000

-$434.1K Less

$509/SqFt

-$256 Less

KEY TAKEAWAY

This property is $434.1K less than the Median Sold Price and $256/SqFt less than other homes in Pasadena, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #TR24170988

Listing Office:

  • Office Name: ReMax 2000 Realty
  • Office Phone: (626) 253-2288
  • Listing Agent: Susan Zhang

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 18, 2007Home Sold
$525,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,020$637,069
2020$6,752$630,538
2019$6,908$618,176
2018$6,826$606,056
2017$6,826$594,173

History based on county public records data.

Payment Calculator

$4,765

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,375

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-409259
4
/10

  • Madison Elementary School

  • 515 E Ashtabula St

  • 1.51 miles

  • Public District Grades PK-5

school-card-donut-409260
6
/10

  • Hamilton Elementary School

  • 2089 Rose Villa St

  • 1.74 miles

  • Public District Grades PK-5

school-card-donut-409261
8
/10

  • William L. Valentine Elementary School

  • 1650 Hntngtn Dr

  • 1.81 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,761. Residents of Pasadena, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 497 S El Molino Ave Unit 311

What is the listing price of this property?

The listing price of 497 S El Molino Ave Unit 311 property is $770,000.

What type of property is this?

The property 497 S El Molino Ave Unit 311 is a condo located in Pasadena, California, 91101.

Is this property for sale now?

Active Listing: 497 S El Molino Ave Unit 311 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,020 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 18, 2007 for $525,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 497 S El Molino Ave Unit 311 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 497 S El Molino Ave Unit 311 is 1,512 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 497 S El Molino Ave Unit 311 is 1972.

Rocket Homes›California›Los Angeles County›Pasadena›91101›497 S El Molino Ave Unit 311

This home is located at 497 S El Molino Ave Unit 311 in Pasadena, CA and zip code 91101 in the The Verdugos neighborhood. This 1,512 square foot home, which was built in 1972, sits on a 0.59 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $770,000.

In October 2024 more than 38 listings in Pasadena, CA were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 37 were sold below. In October 2024 in Pasadena, CA there were 4.4% more homes for sale than in September 2024. While the average time on the market in October 2024 was 40 days, the median list price was $1,204,134.

From Rocket Homes Real Estate and based on county public records data.

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