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Sold for $1,600,000
  • Listed by: Sotheby's International Realty • Gretchen Seager • Contact: 626-229-0909
    Bought with: Berkshire Hathaway Home Servic
    $1,600,000

    275 Marguerita Ln, Pasadena, CA 91106

    3beds
    1,164sqft
    Single Family Residence
    Built in 1928
    4,965 Square Feet Lot
    $1,675,300 Zestimate®
    $1,375/sqft
    $4,635 Estimated rent

    Home value

    $1,675,300

    $1.56M - $1.79M

    $4,635/mo

    Zestimate® history
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    What's special

    Cozy fireplacePetite parcelsIconic landmarksHotel bel - airBeverly hillsSymphony of patioIntegrated seating
    Discover the allure of this Mills Act Home! Renowned architect David Serrurier and landscape architect Mark Berry joined forces to meticulously restore and renovate this enchanting casita nestled in the heart of The Marguerita Lane Historic District. Amongst the collection of sixteen captivating Spanish Revival cottages erected on petite parcels between 1927 and 1930, Marguerita Lane originated as an artist enclave, marking the inaugural venture of esteemed architectural duo Burton and Denman Schutt. Their legacy extended to iconic landmarks such as Hotel Bel-Air and distinguished estates across Beverly Hills and Bel-Air. A gated entrance featuring both pedestrian and electric driveway access offers a sanctuary of privacy and tranquility. Step through to encounter a picturesque covered porch adorned with integrated seating and vibrant bougainvillea, complemented by a symphony of patio and garden retreats. Inside, discover a harmonious blend of timeless elements and modern conveniences including hardwood floors, French doors, a cozy fireplace, elegantly crafted beamed ceilings and tastefully updated kitchen and baths. A true jewel box of a home/condo alternative - ready for the most discerning buyers.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gretchen Seager DRE #01217500 626-616-8146,

    Sotheby's International Realty

    Bought with:

    Angela Liang, DRE #01838042

    Berkshire Hathaway Home Servic

    Janice Lee, DRE #00874257

    Berkshire Hathaway Home Servic

    Source: CRMLS,MLS#: PF24053011MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom, Living Room, Primary Bedroom
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: All Bedrooms Down
    Bathroom
    • Features: Remodeled, Separate Shower, Upgraded
    Kitchen
    • Features: Tile Counters
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Dryer, Washer
    • Laundry: In Kitchen
    Features
    • Beamed Ceilings, All Bedrooms Down, Main Level Primary
    • Flooring: Wood
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,164 sqft

    Property

    Parking
    • Parking features: Driveway, Gated
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Covered, Enclosed, Patio
    • Exterior features: Rain Gutters
    • Pool features: None
    • Has view: Yes
    • View description: Courtyard
    Lot
    • Size: 4,965 Square Feet
    • Features: Cul-De-Sac, Sprinkler System
    Details
    • Parcel number: 5324015017
    • Zoning: PSR6
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Spanish
    • Property subtype: Single Family Residence
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1928

    Utilities & green energy

    • Electric: 220 Volts in Kitchen
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Features: Gutter(s)
    Location
    • Region: Pasadena

    Financial & listing details

    • Price per square foot: $1,375/sqft
    • Tax assessed value: $268,000
    • Annual tax amount: $3,518
    • Date on market: 3/23/2024
    • Cumulative days on market: 12 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    5/6/2024Sold$1,600,000+14.3%$1,375/sqft
    Source: CRMLS #PF24053011 Report a problem
    4/17/2024Pending sale$1,400,000+131%$1,203/sqft
    Source: CRMLS #PF24053011 Report a problem
    8/14/2014Listing removed$3,250$3/sqft
    Source: Sotheby's International Realty - Pasadena Brokerage #214026997 Report a problem
    7/30/2014Listed for rent$3,250$3/sqft
    Source: Sotheby's International Realty - Pasadena Brokerage #214026997 Report a problem
    7/13/2005Sold$606,000$521/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,518 +7.8%$268,000
    2024$3,265 +6.3%$268,000 +8.1%
    2023$3,071 -16.2%$248,000 -19.2%
    2022$3,663 +7.9%$307,000 +15.4%
    2021$3,396 +11.4%$266,000
    2020$3,050 $266,000 +6%
    2019$3,050 -5.8%$251,000 -6.7%
    2018$3,237 $269,000 +1.9%
    2017$3,237 +1.4%$264,000 +6.5%
    2016$3,192 +6.6%$248,000 +1.6%
    2015$2,996 +4.9%$244,000 +3.8%
    2014$2,856 $235,000 +16.9%
    2012-- $201,000 +2%
    2011-- $197,000 -69.3%
    2010-- $641,564 -0.2%
    2009-- $643,089 +2%
    2008-- $630,481 +2%
    2007-- $618,120 +2%
    2006-- $606,000 +112.9%
    2005-- $284,671 +4%
    2004-- $273,619 +1.9%
    2003-- $268,605 +2%
    2002-- $263,339 +4%
    2000-- $253,116
    Find assessor info on the county website

    Neighborhood: South

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,675,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,675,300