704 Magnolia Ave Pasadena, CA 91106

$2,275,000 Sold Price as of 11/06/2017

5 Beds
2 Baths
2,840 Sq.Ft.

Off Market

$2,275,000 Sold Price as of 11/06/2017 Refinance Your Mortgage

Map preview of 704 Magnolia Ave, Pasadena, CA 91106

Property Overview: 704 Magnolia Ave Pasadena, CA has 5 bedrooms, 2 bathrooms, 2,840 living square feet and 13,207 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

704 Magnolia 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 $756. 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 704 Magnolia Ave

Last sold for $2,275,000 on November 6th, 2017

November, 2017
Nov 6, 2017

Date

Sold

CRMLS: P0-817002130

$2,275,000

Price
Oct 21, 2017

Date

Pending

CRMLS: P0-817002130

$2,195,000

Price
Oct 12, 2017

Date

Active Under Contract

CRMLS: P0-817002130

$2,195,000

Price
Oct 2, 2017

Date

Active

CRMLS: P0-817002130

$2,195,000

Price
Listing provided courtesy of CRMLS

Welcome to a true Pasadena treasure that has not been on the market in 25 years! This amazing two-story Craftsman home is located on a picturesque tree-lined street in the extremely desirable Madison Heights neighborhood. Built in 1909, this wonderful home has been meticulously maintained by the current owners. Fine interior and exterior appointments highlight the beautiful home including original hardwood floors, built-ins, French doors, shingle siding and exquisite stone work. An inviting front porch and entrance welcomes you into the oversized living room with wood burning fireplace. The adjacent formal dining room with original built-in buffet is perfect for dinner parties with its close proximity to the kitchen. The bright kitchen has tile counters with a breakfast bar, two walk-inpantries, and laundry area. Beyond the kitchen is the guest bathroom and a door to the very spacious California basement with an abundance of storage. French doors open out from the family room to the patio and expansive yard providing a delightful flow to relax and enjoy intimate outdoor dining or host large parties amid the beautifully landscaped grounds. The upper level features four bedrooms, sleeping porch, two full bathrooms as well as a very large landing providing a rare feeling of openness and ease. In the true Craftsman style, the home has an abundance of windows that provide views of the beautiful magnolia trees. The private, captivating backyard is a serene retreat with mature trees, plantings and large grassy yard. The two car detached garage with attached office/retreat was rebuilt by the current owners to seamlessly match the original architecture and Arts and Crafts integrity of the property. Close proximity to private schools, Old Town Pasadena, Huntington Hospital and the Rose Bowl. A true jewel of this early architecture and style!

Continue Reading
November, 2017
Nov 6, 2017

Date

Sold (Public Records)

Public Records

$2,275,000

Price

Tax History for 704 Magnolia Ave

Assessed Value (2020): $2,374,457

Year	Land Value	Improved Value	Assessed Value
2020	$1,863,252	$511,205	$2,374,457

About 704 Magnolia Ave

Detailed summary of property

704 Magnolia Ave is a single family home in Pasadena, CA 91106 and last sold on November 6, 2017 for $2,275,000. This house has 5 bedrooms, 2 bathrooms, roughly 2,840 living square feet, and sits on an approximately 13,207 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 89.58% higher than the current median priced home. 704 Magnolia Ave was last sold on November 6, 2017 for $2,275,000. Local nearby listings include 385 S Oakland Ave #305, 385 S Oakland Ave #202 and 399 E Del Mar Blvd #313. The average home in Pasadena, CA is selling in 57 days. There are currently 334 homes for sale in the Pasadena real estate market and 175 of them are single family homes while 122 of them are condos and 37 are townhomes. If you are the homeowner and looking to sell the home at 704 Magnolia 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 704 Magnolia Ave

Public county record property details

Beds: 5
Baths: 2
Year built: 1909
Sq. Ft.: 2,840
Lot Size: 13,207
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 4,6
APN: 5720-029-022

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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(714) 706-1823

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