1501 S Marengo Ave Pasadena, CA 91106

$2,828,000 Sold Price as of 04/24/2018

5 Beds
4 Baths
4,484 Sq.Ft.

Off Market

$2,828,000 Sold Price as of 04/24/2018 Refinance Your Mortgage

Map preview of 1501 S Marengo Ave, Pasadena, CA 91106

Property Overview: 1501 S Marengo Ave Pasadena, CA has 5 bedrooms, 4 bathrooms, 4,484 living square feet and 101,320 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1501 S Marengo Ave is currently an off market home in the city of Pasadena. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Pasadena has a median list price of $1,250,000. The median price per/sqft for Pasadena is $767. With those numbers in mind, if you are looking to purchase a median priced home in Pasadena, CA and put 20% down you will need to save up $250,000 for the down payment and will need roughly $25,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Pasadena the commission could be as much as $60,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1501 S Marengo Ave

Last sold for $2,828,000 on April 24th, 2018

April, 2018
Apr 24, 2018

Date

Canceled

CRMLS: WS18017381

$3,250,000

Price
Apr 24, 2018

Date

Pending

CRMLS: WS18017381

$3,250,000

Price
Mar 21, 2018

Date

Active Under Contract

CRMLS: WS18017381

$3,250,000

Price
Jan 24, 2018

Date

Active

CRMLS: WS18017381

$3,250,000

Price
Listing provided courtesy of CRMLS

Huge lot in a very desirable area in Pasadena with a large frontage. Mostly flat 2.33 acres is equivalent to over 100,000 sq ft. Lots of potential in this premium location with so much space to build and work. Peaceful property with lushes greenery. Adjacent to both San Marino and South Pasadena. It is close to Langham Hotel, 110 freeway, the Art Center of design, old town Pasadena, Cal tech, parks, libraries and more. Must see to appreciate.

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April, 2018
Apr 24, 2018

Date

Sold

CRMLS: WS18016789

$2,828,000

Price
Apr 24, 2018

Date

Pending

CRMLS: WS18016789

$3,250,000

Price
Mar 21, 2018

Date

Active Under Contract

CRMLS: WS18016789

$3,250,000

Price
Jan 23, 2018

Date

Active

CRMLS: WS18016789

$3,250,000

Price
Listing provided courtesy of CRMLS

A rare combination of a stunning Spanish style home on a large 2.33 Acre lot surrounded by the tranquil beauty of nature. This 5 bedroom 4 bath home with an elegant dining room with arched ceilings is situated in an excellent location and great neighborhood. Other interior features of the house include a large detailed living room, four fireplaces, a liquor bar, spacious kitchen and a center garden area within the house. The large front yard and driveway ensure privacy and guests can be accommodated in the guest house on the property. A large Patio area and swimming pool provide respite on hot summer days and a place where one can entertain family and friends. The property is adjacent to San Marino and South Pasadena while still being close to the 110 freeway, the Art Center of design, old town Pasadena and Cal Tech. Must see to Appreciate.

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April, 2018
Apr 24, 2018

Date

Sold (Public Records)

Public Records

$2,828,000

Price
January, 2018
Jan 23, 2018

Date

Expired

CRMLS: WS17228777

$3,250,000

Price
Oct 5, 2017

Date

Active

CRMLS: WS17228777

$3,250,000

Price
Listing provided courtesy of CRMLS

Huge lot in a very desirable area in Pasadena with a large frontage. Mostly flat 2.33 acres is equivalent to over 100,000 sq ft. Lots of potential in this premium location with so much space to build and work. Peaceful property with lushes greenery. Adjacent to both San Marino and South Pasadena. It is close to Langham Hotel, 110 freeway, the Art Center of design, old town Pasadena, Cal tech, parks, libraries and more. Must see to appreciate.

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Tax History for 1501 S Marengo Ave

Assessed Value (2020): $2,942,251

Year	Land Value	Improved Value	Assessed Value
2020	$2,080,800	$861,451	$2,942,251

About 1501 S Marengo Ave

Detailed summary of property

1501 S Marengo Ave is a single family home in Pasadena, CA 91106 and last sold on April 24, 2018 for $2,828,000. This house has 5 bedrooms, 4 bathrooms, roughly 4,484 living square feet, and sits on an approximately 101,320 square foot lot. Homes in Pasadena are selling for a median price of $1,200,000 and a median price per square foot of $781. Based on Ardent Real Estate Group's Pasadena Market Data, this home is sold 135.67% higher than the current median priced home. 1501 S Marengo Ave was last sold on April 24, 2018 for $2,828,000. Local nearby listings include 700 S Lake Ave #308, 511 S El Molino Ave #17 and 277 Pleasant St #310. The average home in Pasadena, CA is selling in 56 days. There are currently 335 homes for sale in the Pasadena real estate market and 179 of them are single family homes while 119 of them are condos and 37 are townhomes. If you are the homeowner and looking to sell the home at 1501 S Marengo Ave Pasadena, CA 91106 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 1501 S Marengo Ave

Public county record property details

Beds: 5
Baths: 4
Year built: 1915
Sq. Ft.: 4,484
Lot Size: 101,320
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 7,51
APN: 5324-020-042

The source for these homes facts are from public records.

91106 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,059,000

Median List Price/Sq.Ft.

$716

Median Sold Price

$850,000

Median Sold Price/Sq.Ft.

$753

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (27.27%), FHA (0%), VA (0%), Cash (50%), Other (18.18%)

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