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Sold for $770,000
  • Listed by: Coldwell Banker Realty • Kathy Seuylemezian • Contact: (818) 378-7928
    Bought with: Compass
    $770,000

    227 S Madison Ave #304, Pasadena, CA 91101

    2beds
    1,179sqft
    Condominium
    Built in 1982
    -- sqft lot
    $742,300 Zestimate®
    $653/sqft
    $3,473 Estimated rent

    Home value

    $742,300

    $705,000 - $779,000

    $3,473/mo

    Zestimate® history
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    What's special

    Welcome to this exceptional South Madison Avenue penthouse, ideally located in the highly desirable Pasadena Playhouse District between the South Lake Shopping District and Paseo Colorado. Tucked away on a tree-lined street, this south-facing unit offers abundant natural light, exceptional privacy with only one common wall, and two spacious balconies perfect for morning coffee, outdoor dining, and beautiful sunset views. The main level features a vaulted-ceiling living and dining area, kitchen, primary suite, second bedroom, and full bathroom with in-unit washer and dryer. The upstairs loft with rooftop balcony, closet, and powder room provides flexible space for a home office, guest accommodations, or additional living space. This well-maintained home includes a newer A/C unit with Nest thermostat, bamboo flooring throughout, marble fireplace, built-in living room cabinetry, custom closet organizers, plantation shutters, and balconies with electronic retractable awnings. The building offers excellent amenities including a recreation room, pool, jacuzzi, sauna, restrooms, and gym. Secure gated subterranean parking includes two side-by-side spaces and dedicated storage. Enjoy a central Pasadena lifestyle with easy access to Urth Caffe, the AC Hotel rooftop bar on Colorado Boulevard, Trader Joe's on Lake Avenue, Old Town Pasadena, the Gold Line, Caltech, and Pasadena City College. A rare opportunity to own a peaceful penthouse retreat in one of Pasadena's most sought-after neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathy Seuylemezian DRE #00947297 (818)378-7928,

    Coldwell Banker Realty

    Bought with:

    Veronica Mclean, DRE #02221018

    Compass

    Teresa Fuller, DRE #01315387

    COMPASS

    Source: CRMLS,MLS#: P1-27749MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Loft
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Gas Range, Microwave
    • Laundry: Inside
    Features
    • Balcony, High Ceilings, Loft
    • Flooring: Wood
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 1,179 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Underground
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: None, Balcony
    • Exterior features: Awning(s), Balcony
    • Has private pool: Yes
    • Pool features: Community, Heated, Association
    • Has spa: Yes
    • Spa features: Community
    • Fencing: None
    • Has view: Yes
    • View description: City Lights, Trees/Woods
    Lot
    • Features: Sprinklers In Front
    Details
    • Parcel number: 5734010051
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Urban, Pool
    • Security: Key Card Entry
    HOA
    • Has HOA: Yes
    • Amenities included: Fitness Center, Insurance, Pool, Recreation Room, Sauna, Spa/Hot Tub, Trash, Water
    • HOA fee: $680 monthly
    • HOA name: The Madison Owners Association
    • HOA phone: 626-243-4160
    Location
    • Region: Pasadena

    Financial & listing details

    • Price per square foot: $653/sqft
    • Tax assessed value: $781,685
    • Date on market: 6/24/2026
    • Cumulative days on market: 29 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    8/17/2026Sold$770,000+2.8%$653/sqft
    Source: CRMLS #P1-27749 Report a problem
    7/27/2026Pending sale$749,000$635/sqft
    Source: CRMLS #P1-27749 Report a problem
    7/7/2026Price change$749,000-6.3%$635/sqft
    Source: CRMLS #P1-27749 Report a problem
    6/24/2026Listed for sale$799,000+14.3%$678/sqft
    Source: CRMLS #P1-27749 Report a problem
    2/15/2021Listing removed$699,000-1.3%$593/sqft
    Source: Local MLS #SB20106908 Report a problem
    7/22/2020Sold$708,000+1.3%$601/sqft
    Source: Public Record Report a problem
    6/23/2020Pending sale$699,000$593/sqft
    Source: California Properties #SB20106908 Report a problem
    6/10/2020Listed for sale$699,000+6.1%$593/sqft
    Source: California Properties #SB20106908 Report a problem
    5/25/2018Sold$659,000+1.5%$559/sqft
    Source: Pasadena Foothills MLS #818001944 Report a problem
    5/8/2018Pending sale$649,000$550/sqft
    Source: BHHS California Properties #818001944 Report a problem
    4/27/2018Listed for sale$649,000+8.2%$550/sqft
    Source: Berkshire Hathaway HomeServices California Properties #818001944 Report a problem
    10/5/2016Sold$600,000+9.3%$509/sqft
    Source: Public Record Report a problem
    8/26/2016Pending sale$549,000$466/sqft
    Source: Redfin Corporation #316007874 Report a problem
    8/19/2016Listed for sale$549,000+4%$466/sqft
    Source: Redfin Corporation #316007874 Report a problem
    3/7/2014Sold$528,000+5.8%$448/sqft
    Source: Public Record Report a problem
    2/5/2014Listed for sale$499,000+8.5%$423/sqft
    Source: Keller Williams - Pasadena #214004357 Report a problem
    11/30/2011Sold$460,000-17.4%$390/sqft
    Source: Public Record Report a problem
    7/17/2006Sold$557,000$472/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $781,685 +2%
    2025$8,936 +5.6%$766,359 +2%
    2024$8,465 +0.9%$751,334 +2%
    2023$8,392 +3.6%$736,603 +2%
    2022$8,097 +3.3%$722,160 +2%
    2021$7,839 +3.5%$708,000 +3.3%
    2020$7,577 +2.9%$685,623 +2%
    2019$7,364 +4.7%$672,180 +9.8%
    2018$7,035 $612,000 +2%
    2017$7,035 +1.2%$600,000 +9.7%
    2016$6,953 +9.5%$546,760 +1.5%
    2015$6,348 +15.2%$538,548 +14.3%
    2014$5,512 $471,329 +2.5%
    2012-- $460,000 +9.6%
    2011-- $419,700
    2010-- $419,700
    2009-- $419,700 -19.1%
    2008-- $518,700 -6.9%
    2007-- $557,000 +316.6%
    2006-- $133,714
    2005-- $133,714 +4%
    2004-- $128,523 +1.9%
    2003-- $126,168 +2%
    2002-- $123,695 +4%
    2000-- $118,894
    Find assessor info on the county website

    Neighborhood: South

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $742,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $742,300