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Sold for $700,000
  • Listed by: Coldwell Banker Realty • E. Lee Bothast • Contact: 626-533-3929
    Bought with: COMPASS
    $700,000

    297 S Madison Ave APT 5, Pasadena, CA 91101

    2beds
    1,198sqft
    Condominium
    Built in 1949
    -- sqft lot
    $699,900 Zestimate®
    $584/sqft
    $3,361 Estimated rent

    Home value

    $699,900

    $637,000 - $770,000

    $3,361/mo

    Zestimate® history
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    What's special

    Thoughtfully curated, this top-floor end-unit condominium offers a rare blend of vintage character, abundant natural light and meaningful modern improvements in Pasadena's Playhouse Village district. Set within a charming Lionel Mayell created 1949 building, the residence enjoys windows on three sides, creating an airy and inviting atmosphere throughout the day. Original hardwood floors, hand selected custom lighting fixtures and carefully chosen finishes complement a renovated kitchen featuring natural quartzite countertops, designer tile backsplash, butcher block dining counter and Bosch + Whirlpool appliances. The open-plan living and dining area provides comfortable space for both everyday living, entertaining, and even work-from-home options. The spacious bedrooms provide abundant storage and warm light, one of which highlights CW Stockwell Martinique wallpaper, made famous by its use at the Beverly Hills Hotel, and period style Schoolhouse Electric lighting. The recently renovated bathroom reflects a thoughtful balance of period charm and updated design with a curated selection of new tile and a refinished tub. The 2025 addition of a fully permitted in-unit LG washer and dryer adds a level of convenience not commonly found in buildings of this era. Additional improvements include a Mitsubishi mini-split heating and air conditioning system, enhancing year-round comfort. A Juliet balcony overlooks the energy of the neighborhood, while a private exterior entry balcony and additional storage contribute to the home's everyday functionality. Just moments from Lake Avenue, Trader Joe's, Erewhon, countless dining, shopping and cultural destinations, plus 1 1/2 blocks to the legendary Pasadena Playhouse, this residence offers a rare opportunity to enjoy the energy, convenience and architectural richness that make Playhouse Village one of Pasadena's most sought-after neighborhoods, all while living in a thoughtfully updated condo that is part of the city's notable history.

    Zillow last checked:

    Listing updated:

    Listed by:

    E. Lee Bothast DRE #01512696 626-533-3929,

    Coldwell Banker Realty

    Bought with:

    Becky Koppenhaver, DRE #02053145

    COMPASS

    Jamie Bridgers, DRE #02097470

    COMPASS

    Source: CRMLS,MLS#: P1-27503MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Kitchen
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dryer, Washer
    • Laundry: Laundry Closet
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall,End Unit,No One Above
    Interior area
    • Total interior livable area: 1,198 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.55 Acres
    Details
    • Parcel number: 5734010139
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • Year built: 1949

    Utilities & green energy

    • Sewer: Sewer Tap Paid
    • Water: Public
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Features: Curbs, Sidewalks
    HOA
    • Has HOA: Yes
    • Amenities included: Electricity, Gas, Maintenance Grounds, Hot Water, Insurance, Management, Pet Restrictions, Pets Allowed, Trash, Water
    • Services included: Earthquake Insurance, Sewer
    • HOA fee: $748 monthly
    • HOA name: Park Lane Pasadena
    • HOA phone: 626-243-4168
    • Second HOA name: Elizabeth Threadgill
    Location
    • Region: Pasadena

    Financial & listing details

    • Price per square foot: $584/sqft
    • Tax assessed value: $522,057
    • Annual tax amount: $6,207
    • Date on market: 6/8/2026
    • Cumulative days on market: 11 days
    • Listing terms: Cash to New Loan
    • Inclusions: Refrigerator, Clothes Washer and Dryer

    Price history

    DateEventPrice
    7/10/2026Sold$700,000+9.5%$584/sqft
    Source: CRMLS #P1-27503 Report a problem
    6/29/2026Pending sale$639,000$533/sqft
    Source: CRMLS #P1-27503 Report a problem
    6/20/2026Contingent$639,000$533/sqft
    Source: CRMLS #P1-27503 Report a problem
    6/8/2026Listed for sale$639,000+36.5%$533/sqft
    Source: CRMLS #P1-27503 Report a problem
    9/14/2018Sold$468,000+4.2%$391/sqft
    Source: Pasadena Foothills MLS #818002831 Report a problem
    8/14/2018Pending sale$449,000$375/sqft
    Source: BHHS California Properties #818002831 Report a problem
    7/24/2018Listed for sale$449,000$375/sqft
    Source: BHHS California Properties #818002831 Report a problem
    7/5/2018Pending sale$449,000$375/sqft
    Source: BHHS California Properties #818002831 Report a problem
    6/12/2018Listed for sale$449,000$375/sqft
    Source: Berkshire Hathaway HomeServices California Properties #818002831 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,207 +6.1%$522,057 +2%
    2024$5,853 +0.9%$511,822 +2%
    2023$5,801 +3.6%$501,787 +2%
    2022$5,599 +4.3%$491,949 +2%
    2021$5,368 +4.2%$482,304 +1%
    2020$5,153 $477,360 +2%
    2019$5,153 +269%$468,000 +331.6%
    2018$1,397 $108,445 +2%
    2017$1,397 +2.1%$106,320 +2%
    2016$1,368 +3.2%$104,236 +1.5%
    2015$1,325 +2.7%$102,672 +2%
    2014$1,291 $100,662 +2.5%
    2012-- $98,244 +2%
    2011-- $96,319 +0.8%
    2010-- $95,600 -0.2%
    2009-- $95,829 +2%
    2008-- $93,951 +2%
    2007-- $92,110 +2%
    2006-- $90,305
    2005-- $90,305 +4%
    2004-- $86,801 +1.9%
    2003-- $85,211 +2%
    2002-- $83,542 +4%
    2000-- $80,300
    Find assessor info on the county website

    Neighborhood: South

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $699,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $699,900