255 Marguerita Ln, Pasadena, CA 91106
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255 Marguerita Ln Pasadena, CA 91106

$1,550,000 Sold Price as of 07/26/2022
  • 2 Beds
  • 2 Baths
  • 1,575 Sq.Ft.
Sold
$1,550,000 Sold Price as of 07/26/2022 Refinance Your Mortgage

Map preview of 255 Marguerita Ln, Pasadena, CA 91106

Property Overview: 255 Marguerita Ln Pasadena, CA has 2 bedrooms, 2 bathrooms, 1,575 living square feet and 4,524 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Mills Act Home! Nestled in the center of the Marguerita Lane Historic District, ''Casita Encantada'' is one of sixteen magical Spanish Revival cottages built on small lots between 1927 and 1930. Marguerita Lane was conceived as an artist colony and was the first project designed by the architectural team of Burton and Denman Schutt. They would go on to design Hotel Bel-Air and many fine estates and commercial buildings in Beverly Hills, Bel-Air and later in Dallas, Texas. ''Casita Encantada'' is one of the first 8 homes constructed in 1927 with an additional bedroom suite added above the attached garage in 1978. The current owners have painstakingly added period appropriate cosmetic details which seamlessly blend the two, formerly disparate, sections of the house. Set as an L on the lot, one enters the property through arched wooden gates into an enchanting courtyard. The deep porch, set into the structure, acts as an outdoor room. The double paneled entry doors lead into a living room with a vaulted wood paneled ceiling that is dominated by a large truss running across the center of the room. Every room in the house also offers high wooden vaulted ceilings giving the home a sense of openness and volume. The living room detail also includes an arched book shelf, set into the wall, flanking a centered fireplace and a heavy beam, anchored by carved, curved corbels above the entrance to the dining room. The dining room opens into the kitchen at one end and the original first floor bedroom, which is currently used as a library/media room. A full bath with separate tub and shower and an office complete the main floor. The home has been sensitively updated with period revival details and materials. The bathrooms offer Catalina Revival style tile while the kitchen is sheathed in white subway tile and shaker cabinets, some of which are original. The small but very functional kitchen is equipped with a Fisher-Paykel refrigerator and stove, a Zephyr professional baffled hood and a compact 18 inch Bosch dishwasher. A brand new Samsung washer and dryer are located in the garage. Both the patio area in the front courtyard and the basket woven brick one in the small rear garden provide calming and restful outdoor spaces. The front, courtyard and rear gardens were professionally designed by Mark Bartos, installed and maintained since 2020.

Listed by Giusy Mele-Brown | BRE #01252230 | COMPASS
Co-listed by Richard von Ernst | BRE #01391702 | COMPASS
Last checked: 5 minutes ago | Last updated: July 29th, 2023 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
4,524
HOA Dues
$0/mo
Year built
1927
Garage
1 Car
Property Type:
Single Family Home
Status
Sold
MLS#
P1-10106
City
Pasadena
County
Los Angeles
Time on Site
674 days

Virtual Tour

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Property Details for 255 Marguerita Ln

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, In Garage, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Dining Room
  • Flooring: Tile, Wood
  • Kitchen, Living Room, Office
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Refrigerator, Tankless Water Heater
  • Remodeled Kitchen, Stone Counters
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Balcony, Cathedral Ceiling(s), Copper Plumbing Partial, High Ceilings, Quartz Counters
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: French Doors
Exterior Features
Exterior Information
  • Roof: Spanish Tile
  • Rain Gutters
  • Has Fence
  • Stucco Wall
  • No Spa
  • Spa Features: None
  • Has Sprinklers
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Brick, Covered, Front Porch, Patio, Patio Open
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Has Attached Garage
Lot Information
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 5324015015
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Foundation Details: Raised
  • Property is not Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: See Remarks
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: South of Glenarm, East of Marengo
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 255 Marguerita Ln

Last sold for $1,550,000 on July 26th, 2022
  • July, 2022

  • Jul 26, 2022

    Date

    Sold

    CRMLS: P1-10106

    $1,550,000

    Price

  • Jun 22, 2022

    Date

    Active

    CRMLS: P1-10106

    $1,449,000

    Price

  • January, 2005

  • Jan 28, 2005

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

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Tax History for 255 Marguerita Ln

Assessed Value (2020): $347,000
Year Land Value Improved Value Assessed Value
2020 $260,000 $87,000 $347,000

Home Value Compared to the Market

This property vs the competition

255 Marguerita Ln sold on July 26, 2022 for 20.75% higher than the current median sold price for the city of Pasadena which is $1,200,000. The median sold price per/sqft for Pasadena is $778 and this home is sold at $920 per/sqft which puts the price per square foot 18.25% higher than the current median sale per square foot for the city of Pasadena.

About 255 Marguerita Ln

Detailed summary of property

255 Marguerita Ln is a single family home that recently sold in Pasadena, CA 91106. This house offered 2 bedrooms, 2 bathrooms, roughly 1,575 living square feet, and sits on an approximately 4,524 square foot lot. 255 Marguerita Ln was first listed on ArdentRealEstateGroup.com on June 22, 2022. The homeowner sold the property for $1,550,000. Home in Pasadena are selling for a median price of $1,200,000 and a median price per square foot of $778. Based on Ardent Real Estate Group's Pasadena Market Data, this home is sold 20.75% higher than the current median priced home. Local homes that are currently for sale include 189 S Allen Ave #1, 1570 Poppy Peak Dr and 130 Anita Dr. While the average home in Pasadena, CA is selling in 55 days, 255 Marguerita Ln has a days on market of 9 days. There are currently 259 homes for sale in the Pasadena real estate market and 153 of them are single family homes while 83 of them are condos and 23 are townhomes. For more information on this home for sale at 255 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 255 Marguerita Ln

Public county record property details
Beds
2
Baths
2
Year built
1927
Sq. Ft.
1,539
Lot Size
4,524
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5324-015-015

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
$1,160,000
Median List Price/Sq.Ft.
$774
Median Sold Price
$810,000
Median Sold Price/Sq.Ft.
$634
Total Inventory
43
Median Sale to List Price %
95.41%
Avg Days on Market
43
Loan Type
Conventional (23.53%), FHA (0%), VA (0%), Cash (11.76%), Other (41.18%)

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Related Resources to 255 Marguerita Ln

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.