Pasadena CA Real Estate

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

Pasadena, California

(626)629-8439

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

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

Altadena real estate is still seeing an increase in home listings.  Inventory is increasing, prices are going down and sales will be decreasing in the next couple of months.  Take a look at the number of Altadena homes with accepted offers (sales pending) and you will see a significant decrease from 37 in June to 22 in October. 

Starting with October 2008, I will be able to include the Median Sales Price which will help us in tracking the real estate market a bit more effectively.

In the meantime, Altadena is still in a very strong buyer’s market.

Condos and townhomes in Altadena are still almost nowhere to be found, but for the persistent few who want to buy an Altadena condo there are a couple available for sale.

If you are looking for Altadena foreclosures, here’s a list of all Altadena homes that are bank owned and foreclosed.

Altadena Real Estate Market Statistics for October 2008 with comparison to June and September:

 Real estate data based on information from ITEC (Pasadena Foothills Association MLS service)

SEARCH HOMES FOR SALE IN ALTADENA (Single Family Residences)

SEARCH ALTADENA CONDOS AND TOWNHOMES FOR SALE

Real estate market activity with real time updated data can be found on Pasadena California Real Estate Blog’s How is the Real estate Market tab.  These real estate housing reports are gathered and updated by Altos Research and will be emailed to you with my compliments.

Posted by Irina Netchaev, Real Estate Agent.

So, what’s going on with Altadena?  Inventory is increasing and prices are going down.  We are in a very strong buyer’s market in Altadena.  The number of homes under contract has increased which will help the situation if home buyers will be able to get financing and close escrows.  Price per square foot of sold homes has increased although the overall Altadena home price has increased.  Home buyers are careful with how much they are willing to pay and are buying smaller homes.

Condos and townhomes in Altadena are non-existent at the moment. 

Altadena Real Estate Market Statistics for June through September 2008:

Real estate data based on information from ITEC (Pasadena Foothills Association MLS service)

SEARCH HOMES FOR SALE IN ALTADENA (Single Family Residences)

SEARCH ALTADENA CONDOS AND TOWNHOMES FOR SALE

Real estate market activity with real time updated data can be found on Pasadena California Real Estate Blog’s How is the Real estate Market tab.  These real estate housing reports are gathered and updated by Altos Research and will be emailed to you with my compliments.

Posted by Irina Netchaev, Real Estate Agent.

Altadena real estate market has shown a decreased number of available homes for sale from May 2008 to August 2008.  This decrease is due to the pick up of home sales in the summer months, although looking at the number of homes that went under contract in August, it’s clear that the summer rush is over.  The average price of an Altadena home has been declining steadily with August ending at $640,167.  Price per square foot of homes sold in Altadena has also decreased month after month to $345.

Altadena homes sold in August 2008 on average at 96.49% to their adjusted asking price.  I say adjusted because more than half of the Altadena homes sold in August had price reduction prior to getting buyer bids and finalizing the sale.

Atadena condos and townhomes are almost non-existent since Altadena mainly has single family homes. 

Data taken from ITEC (Pasadena Foothills Association MLS service)

HOMES FOR SALE IN ALTADENA (Single Family Residences)

SEARCH CONDOS AND TOWNHOMES FOR SALE IN ALTADENA

If you are looking to buy a home in Altadena, take a look at this gorgeous modern mid-century home that just came on the real estate market today.  Built in 1948, it is a 3 bedroom, 2 bath home with 1,740 sq. ft and sits on a lot over 7,279 sq. ft. per Assessor.

This serene mid-century modern designed by Gregory Ain as part of his Park Planned Homes has been updated as Ain would have wanted.  Every room has a view to the yard or courtyard with water features in both.  Custom cabinets, stainless steel appliances, backsplash, and farmhouse sink in kitchen.  Cork floors in all rooms except baths.  Both baths were redone including custom glass tile work.  All systems replaced (HVAC, electrical, plumbing), new insulation in roof and exterior walls, new roof and recessed lighting throughout.  Windows and doors were replaced in much of the house.  Third bedroom was expanded by 400 sq ft. in the 50′s at which time the closet was removed.  Award winning landscaping, exterior stainless steel flashing and brushed nickel hardware complete the home’s midcentury appeal.

This Altadena home is listed for sale at $729,000.

Update:  October 7, 2008 – this home has been withdrawn from the market.