2098 Roosevelt Ave., Atladena.... Well-priced.... or not!

Now, this home is in Altadena. Let's see how well you all do here. Is it well-priced... or not?!

This property speaks to the "outdoors men and women" as it is located one block from Eaton Canyon! Built in 1927, the main house has 4 bedrooms and 3 bathrooms and the balconies off the front and the rear of this Monterey Colonial provide views of the mountains and city lights!

It's actually more of a compound than a house, as there are two 2-car garages... one with a 2-room guest quarters above the garage, and the other with an art studio and a massive stone fireplace!!

This was the first time this home had been on the market in over 50 years, so... at $1,150,000 when listed in April 2009.... was it well-priced or not?!?

Let us know what you think!

(Oh, yea... Information provided as a courtesy of i-Tech MLS, and has not been verified, is not guaranteed, and is subject to change.)

550 E. Glenarm St, Pasadena was... not particularly well-priced.

Well… In March 2009, listed at $1,549,000, 550 E. Glenarm Street in Pasadena was not exactly gobbled up by the Buyers who were in the market at that time. True, in real estate, location is important, but so is price. In fact, the price was reduced to $1,495,000 in late April 2009, and this very nice home SOLD in July for $1,350,000. Yes, the purchase price was 87% of the original purchase price, and this property spent a total of 126 days on the market.

I know... 550 E. Glenarm SOLD in January 2006 for $1,800,000, and selling in July 2009 for $1,350,000 translates into a 25% loss in value in 3 1/2 years. Ouch.

Isn't this interesting and fun? (OK, not for the homeowners of 550 E. Glenarm.) In the days ahead, we'll look at other homes that have been listed in the Pasadena, San Marino, Altadena, South Pasadena, Sierra Madre area, and you can again guess if they were well-priced... or not!

550 E. Glenarm Street, Pasadena priced @ $1,549,000. Is it priced well... or not?

More fun... here's another home. Is it priced well at $1,549,000... or not?!

Location. Location. Location. 550 E. Glenarm Street in Pasadena is located in the beautiful Langham-Huntington Hotel and Madison Heights neighborhoods. This home was designed by architect H. Smith, built in 1924 and it has 5 bedrooms & 3.5 bathrooms. The home is 3,359 sq. ft. (taped) and sits on a 12,001 sq. ft. lot (assessors data).

For those who like a little history, this home last sold in January, 2006 for $1,800,000. So... when this home was listed in March, 2009 at $1,549,000, was it well priced... or not?

(Oh, yea... Information is provided as a courtesy of i-Tech MLS, and has not been verified, is not guaranteed, and is subject to change.)

1957 S. Euclid Ave., San Marino was... WELL PRICED!

Yes... this home was well-priced for a quick, above-list-price sale! 1957 S. Euclid Avenue in San Marino was listed on 5/31/09 for $1,160,000, and an offer was accepted on 6/9/09. Most importantly, the the home CLOSED on 8/18/09 for $1,190,000, or 103% of the List Price! Sounds like a win-win to us.

Next week, we'll post another listing in the Pasadena-San Marino-Altadena-South Pasadena area, and you try again to determine... is it well priced... or not!

1957 S. Euclid Ave., San Marino - Priced @ @$1,160,000

Ok... Here's this week's home. Is it priced well.... or not?

1957 South Euclid Ave. in San Marino. The home is a two story Spanish colonial build in 1927. 3 bedrooms with 2 full baths and 1 half bath. We're talking a master bedroom upstairs with it's own bath and two additional bedrooms that share a hall bath. The home isn't huge (1,931 sq. ft (taped) on a lot that's 5,460 sq ft (other)), but it's close to Julienne's Bistro and the Mission District in San Marino. In the kitchen... an electric range... and the house Sold in August 2004 for $982,000. At $1,160,000, is it priced well.... or not?

(Oh, yea... Information is provided as a courtesy of i-Tech MLS, and has not been verified, is not guaranteed, and is subject to change.)