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$1,389,000

Beds
Unknown
sq ft
Unknown

505 Palisade St, Pasadena, CA 91103

505 Palisade St

Pasadena, CA

  • 4 days on market
    • Open house Apr 03
Unique opportunity to own two homes on a street to street lot, with two separate addresses. The character Craftsman on Palisade has been updated with quality and care from the finished basement to the upstairs primary bedroom with balcony with beautiful mountain views. An updated kitchen adjoins the dining room with faux fireplace, adjacent to beautiful living room. Downstairs bedroom is being used as an office, however, can be the third bedroom, with two other bedrooms upstairs. Private backyard, perfect for entertaining, with automatic gate across driveway for easy access to finished garage with storage cabinets. There is an access gate to the second house on Macdonald. The Macdonald home has two bedrooms and one bath with open floor plan and a door to the large two car garage from living room. Freshly painted with great curb appeal. Both of these properties are separately metered for all utilities.and have newer roofs. Palisade has some copper plumbing and updated electrical and newer windows.These homes are located minutes from the Rose Bowl, easy access to 210 Fwy, surrounded by character homes in a well- established neighborhood. 505 Palisade 1,516 sq. ft. and 498 Macdonald 1,014 sq. ft. per assessor.

Details

Property type

Est. home value

$1,317,107

Property condition

Updated/Remodeled

Lot size

8,773 sq ft

Price per sq ft

Unknown

Year built

1910

Price History

03/30/2025
CRMLS

CRMLS #P1-21489

Listed
$1,389,000
+99.86%
10/18/2016
CLAW

CLAW #16153712

Sold
$695,000

Schools & Community

Neighborhood: 

North Arroyo

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Golf, Park, Street Lights, Suburban, Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,071,667
Asking price
$1,389,000
Closing costs (~8% of asking)
-$111,120
Est. remaining loan balance
-$206,213
Cash to seller
$1,071,667

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fidelity Lending Solutions Inc

Loan start date

July 2023

Original loan amount

$210,000

Est. remaining balance

$206,213

Interest rate

6.79%

Loan type

New Conventional, 30 year

Seller

Antony Vafaie

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/03/2025 at 1:50 PM

Listing updated: 03/31/2025 at 2:40 PM

Listed by: Steven Kuhn, COMPASS Phone #: (818) 790-9900

MLS: CRMLS #P1-21489

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