This South Pasadena condo will be available for sale this coming Thursday, July 30th 2009. Open house is on Thursday from 10 am to 2 pm and Sunday from 1 pm to 4 pm.

If you have been looking to buy your first home in South Pasadena, this condo is for you. It is priced for a quick sale and offers great schools for your kids.

This is a short sale and needs bank approval.

Contact Irina Netchaev & Associates, your South Pasadena real estate agents for more information at 626-204-3340.

READ MORE:

South Pasadena City Guide

Pasadena Real Estate Guide

Incredible Value in South Pasadena

1801 Fair Oaks Avenue #F, South Pasadena, CA 91030 View Map

A cozy, bright unit in a well maintained building with wood floors and large windows throughout. Situated in the back of the complex on the ground floor and offering a quiet garden like setting. A wonderful opportunity to buy a condo with South Pasadena schools. Complex has a pool and shared laundry area. 1 car port parking space and additional storage space.

Details

Asking Price:

$225,000

MLS:

22127874

Sq. Feet:

768

Bedrooms:

2

Bathrooms:

1

# of Floors:

1

HOA/Maintenance Fees:

$220

Garage Size:

1 carport

Year Built:

1953

Property Amenities

- Range/Oven
- Sink Disposal

- Full Refrigerator
- Hardwood floors

- Laundry area – garage

Community Amenities

- Covered parking

- Swimming Pool(s)

Contact Info

Irina Netchaev

Broker Associate

Cell 626.627.7107

Dir 626.204.3340

Email | Website

 

All information is deemed reliable but is not guaranteed.

Altadena homes for sale listed as foreclosures in Pasadena Multiple Listing Service:

For more Altadena foreclosure property details, please visit Altadena Foreclosures for Sale.

If you are interested in seeing any of these Altadena homes, please give us a call, we’ll be happy to set up an appointment to show them to you.

IRINA NETCHAEV & ASSOCIATES

Pasadena Real Estate Agents

445 South Fair Oaks Avenue

Pasadena, CA 91105

(626)204-3340

Live Multiple Listing feed of all available South Pasadena foreclosures (bank owned homes):

For more property and real estate information, please visit South Pasadena Home Foreclosures List

If you are interested in seeing any of these South Pasadena foreclosures, please give us a call, we’ll be happy to set up an appointment to show them to you.

IRINA NETCHAEV & ASSOCIATES

Pasadena Real Estate Agents

445 South Fair Oaks Avenue

Pasadena, CA 91105

(626)204-3340

A new foreclosed listing in Altadena hit the market last week. It is an amazing estate on Altadena Drive sitting on a huge lot – 36,850 sq. ft. per assessor.

The home itself has seen many better days. It must have been really grand at one time. It features 5 bedrooms and 4 baths, huge windows, several fireplaces and lots of nooks and crannies.

As in a lot of mansions built in the early 1900s, there is a grand staircase leading to the upstairs living quarters, as well as a servant’s back entry.

The bathrooms are enormous and the rooms are spacious with extra high ceilings.

There’s a remnant of what used to be a tennis court, a pool with a cabana, a river rock bar-b-que. I can just see the parties that were hosted here.

Now… this Altadena home is bank owned, repossessed and available to purchase for $569,900.

Keller Williams Realty in Santa Monica is representing the bank in this sale and has entered the following information into the Pasadena Multiple Listing Service:

“Great price for this grand house waiting for your renovation, spacious front porch, large entry way with crown molding, dining room with built-in hutch, stain glass window & ceiling with box beams, living & dining room have pocket doors, sun room off of living room, wood floors, 1 bedroom on main floor with 4 bedrooms on 2nd level along with study/den, roomy basement for storage, hugh lot approx 36,850, private drive shared with 2 other houses.”

If you are interested in getting more information about this one of a kind property, please contact us at 626-204-3340.

READ MORE: Pasadena Real Estate Guide

Search for Altadena homes for sale:

For more property details, please visit Altadena homes for sales post.

Home values in Pasadena California have declined over the last year and a half.  We started seeing home price decreases in 2007 and they have continued through 2008, but if you own a home or condo in Pasadena, you still wrote a healthy check to the Los Angeles County Tax Assessor for your bi-annual taxes which were due on April 10th.

READ MORE:  Pasadena Real Estate Housing Analysis for the Last 5 years (2003 to 2008)

I wrote about the tax assessor proactively re-evaluating properties which were purchased between July 1, 2004 and June 30th, 2007. Now, the LA County Tax Assessor has made it even easier to find out if your home property taxes are under review.

If you click on the link below, it will take you to a page where you will be able to enter your home’s property tax identification or AIN number OR type in your Pasadena home address to see if your property’s tax status is under review due to the “decline in value”.

PROPERTY TAX “DECLINE-IN-VALUE” REVIEW BY THE TAX ASSESSOR

You can also check the status of your application if you submitted one for reassessment by entering your street address or Assessor Identification Number.

You can also see if your property automatically qualifies for a decline-in-value review under either one of the following conditions:

• The property is a single-family home or condominium purchased between July 01, 2003 (2000 in some areas based on economic conditions) and June 30, 2008.

• A property is subject to annual review of a temporary decline-in-value reassessment granted for the prior assessment year (2008).

Pasadena home owners of properties other than single-family or condominium (residential-income and commercial/industrial for example) may file a decline-in-value APPLICATION on or before December 31, 2009.
While you may check and monitor the status of a potential or existing decline-in-value review, the details of this review can be obtained by contacting your Los Angeles County District Office.

ALSO READ: Property Tax Increases on your Pasadena Home

How are Property Taxes calculated in Pasadena California

Get your Property Reassessed by the LA County Tax Assessor

To see what Pasadena homes are selling for right now or to start your Pasadena home search, see below for a complete list of available homes:

For more information on the current health of Pasadena’s real estate market, please visit Pasadena Real Estate Housing Reporting and Statistics site.

The Sound of Music!

THE SOUND OF MUSIC will be performed by Huntington Middle School students on February 26, 27, 28 and March 1 in the Kenneth F. White Auditorium.

Directed by Janet Jackson, this production has a cast and crew of over 60 talented HMS students.

This classic tale of Captain Von Traap and his seven children meeting Governess Maria from the Abbey is a heartwarming family and love story. Set in the conflict of Vienna as Hitler’s Nazi’s are taking over Austria, it is a story of choices, passion and country that is universal.

You’ll recognize the Rodgers and Hammerstein songs! Don’t miss seeing your friends perform.

It is a truly great show that is sure to be another sell out – a treat for children and adults alike!

Tickets are on sale now. Tickets are $15 and seating is assigned on a first come, first served basis.

Three evening performances are on Thursday, February 26, Friday, February 27 and Saturday, February 28 at 7 pm. One matinee performance will be at 2 pm on Sunday, March 1.

Students: There’s a $5 Student Ticket Special on Thursday night only (February 26th)!

Huntington Middle School is at 1700 Huntinton Drive in San Marino next to Crowell Public Library.

Don’t miss this performance!

Lake@Walnut’s Luxury Condos and Live/Work Spaces Grand Opening debuts this weekend February 21st!

Pasadena’s Chic New Residence opened it doors last weekend for a sneak preview to their VIP guests. The turnout was a great success with over 10 units already reserved.

Luxury home designs span from 945 to 1,767 sq. ft and six of the eight home designs are single-level—which is very rare in urban living.

Lake@Walnut condominium prices range from the upper $300s to the upper $600s and homes include 1-2 bedrooms and 1-2.5 baths. Almost all units come with a patio, deck or porch. The HOA dues are very low and range approximately $233-$289 per month based on home size.

Read More: Investing in Pasadena real estate
Nine Stupid Things Buyers do to Mess Up their Home Purchase!

On February 21st, bring a friend and come admire Pasadena’s new development – Lake@Walnut’s glorious architecture, lush landscaping and tour all seven model homes.

Private model tours are now available by appointment by calling Irina, Pasadena Real Estate Home Specialist, at (626) 627-7107 or email her at Irina@PasadenaViews.com.

New home for sale on the San Gabriel Real Estate market:

6802 Lotus Avenue in San Gabriel

[realestateshows]371307[/realestateshows]

List Price: $818,000

MLS#: 22120892

Year Built: 1992

Bedrooms/Bathrooms: 4 bedrooms and 4 baths

Schools: Temple City School District

Parking: Enormous 5 car garage

Interior Square Footage – Data per Assessor: 2,898

Lot Size – 7,416

Special Features: Separate guest quarters or in-law apartment, 3 fireplaces, dual zoned alarm system, intercom system throughout the house, dual pane windows, Italian tile, recessed lighting, ceiling fans, coffered ceilings, full wet bar, therapeutic outdoor spa, tankless water heater and much more.

This beautiful custom built home sits in a peaceful neighborhood of North San Gabriel adjacent to San Marino and Pasadena.

This is a two story Traditional with four bedrooms and four baths, a formal living room, family room with a full bar which opens to a huge kitchen perfect for entertaining.

The living room greets you with plenty of windows, coffered ceilings with recessed lights and a chandelier, marble wood fireplace and access to a lovely side yard.

Family room is more of a “great room” perfect for entertaining with a full bar complete with a mini fridge, wine rack and glass and oak cabinetry.  A marble fireplace, french doors leading to a spacious back yard, dining area and an open kitchen complete this entertainer’s dream.

The kitchen features an extra large island, custom built-in appliances, a large eat-in bar perfect for buffets and special occasions.  Lots of storage with pull out drawers, three kitchen “appliance garages” for easy access and storage of small appliances.

The front downstairs bedroom is a suite with a full bathroom.

At the back of the home, a separate bedroom and bath with its own entry and security system is waiting for your in-laws, guests or in-home business area.

Upstairs is a landing with plenty of windows showcasing the beautiful San Gabriel mountains and fruit trees that are on the property.  It leads to the Master Suite and another bedroom suite.

The Master Suite is enormous and features a sitting area and a cozy, marble gas operated (just turn the switch on!) fireplace.  This is truly a paradise for the ladies with a 22 ft walk in closet and a stand alone walk-in shoe closet.  Master bathroom has a stand alone shower with beautiful custom tiles, a step down jet spa, a bidet and double sinks.  A fun and very convenient feature is a laundry chute which leads directly to the downstairs laundry room.

Master suite leads out to a large balcony overlooking the back yard and offering spectacular views perfect for that morning cup of coffee.

The fourth bedroom has mirrored closet doors and its own full bathroom with custom tile work.

Throughout the house you will find recessed lighting, ceiling fans, dual pane vinyl windows with custom drapes, valances and shades.  Tons of storage throughout the house.  This home has even been pre-wired for Christmas lights.

Back yard has an above ground therapeautic spa, vegetable garden and plenty of fruit trees including apricots, figs, avocados, grapefruit and more.  Automatic sprinkler system for front, back and side yards.  Motion and manual outdoor lights have been installed for evenings out.

A five-car extra deep (4 ft deeper than usual) garage has double doors that open both to the street as well as the interior of the back yard.  What an opportunity for entertaining!   The garage is separated into two separate, but connecting garages – a 3 car garage and a 2 car garage.  Plenty of built-in cabinetry and a loft above for additional storage.

Special care was taken when this home was constructed to reinforce it with sheer paneling for extra earthquake protection, silent floors and a light composite roof.

This home truly has to be seen to be appreciated.  A wonderful opportunity to own a house of your dreams!

San Gabriel Real Estate Market Report for December 2008

How does this North San Gabriel home compared to other homes in the area:

This custom home is priced at only $282.26 per sq. ft.

Current homes available for sale in a quarter mile radius from 6802 Lotus Avenue are priced at $371.54 sq. ft. (Pasadena Foothill Multiple Listing Service as of 1/31/09)

Sold homes in a quarter mile radius from 6802 Lotus Avenue closed escrow at $337.06 per sq. ft. (Pasadena Foothill Multiple Listing Service as of 1/31/09)

Ann Erdman, Public Information Officer for the city of Pasadena, wrote a great article titled Looking for Work? We’re Here to Help.

Ann’s post outlies various resources available to Pasadena residents including a Career Services Division where you will find computers connected to CALJOBS which matches applicants to available jobs, various free library activities and workshops focusing on essential skills and more.

Give it a read… it might help you or someone you know!

I’ve been talking for awhile now about banks holding on to their Real Estate Owned (REO) properties to help close out 2008 in a better financial position.

As the new year begins, Pasadena is seeing a lot more foreclosure listings hitting the real estate market as banks are trying to push out the backlog of repossessed homes up for sale. I expect the inventory of foreclosed homes in Pasadena to swell over the next few months.

Currently, we’re begining to see some Pasadena condos, some even next to South Lake Avenue district, in the $200,000 range. Pasadena single family homes are now more affordable and the interest rates are the lowest they’ve been in the last fifty years even with a bit of a climb over the last week into the 5% range.

According to a recent foreclosure prevention report by the Federal Housing Finance Agency (FHFA), repossessions by Fannie Mae and Freddie Mac grew by nearly 25 percent from the second quarter to the third quarter of 2008, hitting 15,196 homes nationwide.

Looking at Pasadena real estate foreclosure statistics, we’ve seen a tremendous jump in volume.

2nd quarter of 2008, there were only 7 foreclosed homes for sale and sold in Pasadena;
3rd quarter of 2008, there were 21 foreclosed homes for sale and sold in Pasadena;
4th quarter of 2008 saw the highest increase in Pasadena foreclosures for a total of 54.

The next few months will be telling.

In the meantime, keep track of available foreclosure homes in Pasadena below:

If you would like more information about any of these Pasadena homes, please call me at 626-627-7107.