245 Marguerita Ln, Pasadena, CA 91106
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245 Marguerita Ln Pasadena, CA 91106

$1,352,000 Sold Price as of 01/07/2022
  • 2 Beds
  • 2 Baths
  • 1,255 Sq.Ft.
Sold
$1,352,000 Sold Price as of 01/07/2022 Refinance Your Mortgage

Map preview of 245 Marguerita Ln, Pasadena, CA 91106

Property Overview: 245 Marguerita Ln Pasadena, CA has 2 bedrooms, 2 bathrooms, 1,255 living square feet and 4,535 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: First time on the market in over 50 years! Situated in the very desirable Marguerita Lane Historic District, this property is one of the original eight structures designed and built by Denman and Burton Schutt in 1927 as an artist colony. The remaining 8 Eastern most properties were built in 1930. All 16 homes are Spanish Colonial Revival in design. Constructed of similar materials, each is unique and exhibits differing characteristics of the style. At 245, one enters a beamed ceiling breezeway between the garage and residence. The tongue and groove entry door opens into large living room with a soaring vaulted and trussed ceiling, A very unique corner fireplace anchors the room. Two steps up lead you to the light and airy dining room with French doors that fold open to expose the room to a brick patio and courtyard. In the spacious courtyard, off the raised patio, is a Spanish tile lined spa. A generously sized galley kitchen opens into the dining room. The home was extensively updated approximately 5 years ago. The kitchen offers custom solid wood cabinetry, a long run of quartz counters and quality stainless appliances. The bathroom was completely redesigned in period style and a half bath was added at that time. The systems were updated and solar was recently purchased and added to the back roof!! This is a rare opportunity to own an architecturally significant property in one of the most unique historic districts of Pasadena. Offers, if any, are due by noon on Tuesday 12/14.

Listed by Richard von Ernst | BRE #01391702 | COMPASS
Last checked: 12 minutes ago | Last updated: January 9th, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
4,535
HOA Dues
$0/mo
Year built
1927
Garage
1 Car
Property Type:
Single Family Home
Status
Sold
MLS#
PF21261576
City
Pasadena
County
Los Angeles
Time on Site
880 days

Virtual Tour

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Property Details for 245 Marguerita Ln

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • In Closet
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 2
  • Galley Kitchen, Kitchen, Living Room
Kitchen Information
  • Quartz Counters
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Private, Gunite
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • No Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Trees/Woods
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5324015014
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Pasadena Unified
Location / Neighborhood
Location Information
  • Directions: South on Marengo to Marguerita Lane. Turn left onto the lane. If you hit Euclid, you just missed it!
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Pasadena Agent

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Sale History for 245 Marguerita Ln

Last sold for $1,352,000 on January 7th, 2022
  • December, 2021

  • Dec 17, 2021

    Date

    Active Under Contract

    CRMLS: PF21261576

    $1,266,000

    Price

  • Dec 8, 2021

    Date

    Active

    CRMLS: PF21261576

    $1,266,000

    Price

  • March, 2016

  • Mar 23, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2015

  • Aug 18, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 245 Marguerita Ln

Assessed Value (2020): $773,938
Year Land Value Improved Value Assessed Value
2020 $541,216 $232,722 $773,938

Home Value Compared to the Market

This property vs the competition

245 Marguerita Ln sold on January 7, 2022 for 1.28% higher than the current median sold price for the city of Pasadena which is $1,250,000. The median sold price per/sqft for Pasadena is $763 and this home is sold at $1008.76 per/sqft which puts the price per square foot 32.21% higher than the current median sale per square foot for the city of Pasadena.

About 245 Marguerita Ln

Detailed summary of property

245 Marguerita Ln is a single family home that recently sold in Pasadena, CA 91106. This house offered 2 bedrooms, 2 bathrooms, roughly 1,255 living square feet, and sits on an approximately 4,535 square foot lot. 245 Marguerita Ln was first listed on ArdentRealEstateGroup.com on December 8, 2021. The homeowner sold the property for $1,352,000. Home in Pasadena are selling for a median price of $1,250,000 and a median price per square foot of $763. Based on Ardent Real Estate Group's Pasadena Market Data, this home is sold 1.28% higher than the current median priced home. Local homes that are currently for sale include 56 N Arroyo Blvd, 201 N Orange Grove Blvd #531 and 6538 Meridian St. While the average home in Pasadena, CA is selling in 56 days, 245 Marguerita Ln has a days on market of 8 days. There are currently 267 homes for sale in the Pasadena real estate market and 158 of them are single family homes while 80 of them are condos and 29 are townhomes. For more information on this home for sale at 245 Marguerita Ln Pasadena, CA 91106 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 245 Marguerita Ln

Public county record property details
Beds
2
Baths
1
Year built
1927
Sq. Ft.
1,224
Lot Size
4,535
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5324-015-014

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
$1,288,000
Median List Price/Sq.Ft.
$777
Median Sold Price
$830,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
46
Median Sale to List Price %
89.73%
Avg Days on Market
28
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (36.36%), Other (27.27%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.