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Foreclosure Friday: Bungalow Heaven Craftsman

Bank owned home - foreclosure in Pasadena California - Bungalow Heaven

Today, we have a special guest, Laurie March of Improvemental, interior designer and a “rapid renovator” extraordinaire.

Laurie has been an integral part of my team helping my home buyers and home sellers with renovations, updates and design consultations.  She will be joining us for our Foreclosure Fridays as we visit bank owned properties.

Today, we’ll be taking a look at an REO that was just listed in the Bungalow Heaven area of Pasadena.  Bungalow Heaven is one of the  Landmark Districts of Pasadena and is known for its 800 or so craftsman style bungalows – many of which were built for as little as $5,500 from a kit, in the early 1900s.

Bungalow Heaven home for sale - foreclosure for sale in Pasadena

Read More:  Do homes in Landmark District of Pasadena demand higher prices?

742 North Chester Avenue, Pasadena California: Bungalow Heaven Bank Owned Home

bungalow heaven foreclosure Pasadena home for sale on ChesterI was very excited to see this property come up on the market.

First, it is in Bungalow Heaven and we do not see too many foreclosures in this area.  Second, it is a character home, a craftsman, which is very much in demand by home buyers.  It looked very promising on the MLS and both Laurie and I couldn’t wait to see it.

However, pricing is a bit of an issue here.  Usually, we see bank owned homes priced a bit below market to ensure a quick sale.  This home was priced towards the high end of the price range looking at the price per square foot and the median home price for 3 bedrooms and 1 bath in the Bungalow Heaven area.

READ MORE: Pasadena Foreclosure Statistics and Historical Overview

As we toured the home, see the video below, it was clear that it was full of potential and charm, but definitely needed significant renovations.

This real estate broker’s opinion?  This home is overpriced given the amount of “loving” that it needs.

Listing Price: $554,900

Listing #: C10009014

3 bedrooms and 1 bath with 1,408 sq. ft.  Lot size is 7,450 sq. ft. per assessor.

Price per Square Foot: $394.11

UPDATE: Sold for $515,000 on May 3, 2010

Information gathered from the Pasadena Multiple Listing Service as presented by South Hills Properties, Inc.

So take a walk with us through this bank owned bungalow:

Interested in seeing more Pasadena foreclosure homes?  Visit Pasadena foreclosure homes for sale.

If you are interested in buying this home or would like to begin your home search, give us a call at 626-629-8439.  We look forward to helping you find your next home in Pasadena or any of the surrounding neighborhoods.

Have a question for Laurie? A construction or an interior design project that you need help with? You can find her on HGTV now!

See additional homes for sale in the Bungalow Heaven as they are listed for sale by real estate agents:

  • Fri, 28 Jan 2022 12:11:00 +0000: $1,395,000 :: 755 N Wilson Avenue, Pasadena CA, 91104 - Bungalow Heaven Homes for Sale
    Property Photo



    5 beds, 2 baths
    Home size: 2,024 sq ft
    Lot Size: 7,502 sq ft
    Added: 01/12/22, Last Updated: 01/28/22
    Property Type: Single Family
    MLS Number: P1-7916
    Community: Pasadena (NE)
    Tract: Not Applicable
    Status: Conditional


    Reimagined 1912 Solar Powered Craftsman home located in the Historic Bungalow Heaven Landmark District. Offering classic 1912 architecture with a modern interior conducive to today's lifestyle. A broad front porch welcomes you to the light and bright LR. The huge kitchen is the heart of the home & features dark wood cabinets, tile backsplash, skylight, breakfast bar, and stainless steel appliances; opening to the kitchen are a family room and DR easily interchanged. The washer and dryer are tucked away in a utility closet. The home affords five bedrooms and two bathrooms in two wings. The large primary suite has a walk in closet, private bath and sliding door to it's own patio. The home has a spacious backyard perfect for play and entertaining & features a large covered patio & a good balance of grass and pavement. There is a wonderful detached studio/office/bonus room with half bath (not included in the home's square footage). 1 Car detached garage. Current owner added solar panels (owned not leased). They also put in a energy efficient heating and air system & replaced the duct work at that time. A block and half from McDonald neighborhood park. Plantation shutters in the bedrooms. This home offers so much!

    Listed with Brett Furrey CalDRE: 01154312 | (818) 404-7857, DPP


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Sun, 16 Jan 2022 10:55:00 +0000: $895,000 :: 790 Hamilton Avenue, Pasadena CA, 91104 - Bungalow Heaven Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,250 sq ft
    Lot Size: 3,363 sq ft
    Added: 10/15/21, Last Updated: 01/16/22
    Property Type: Single Family
    MLS Number: AR21230049
    Community: Pasadena (NE)
    Status: Conditional


    Storybook, classic cottage built in 1924, with a detached guest house in a wonderful Pasadena neighborhood. The main house offers an updated kitchen and bath, hardwood floors, central air conditioning and charm that never ends. A delightful courtyard accessed through French doors in the kitchen provides an intimate space for morning coffee or an evening glass of wine. Suffused with sunlight from its many windows (enhanced with plantation shutters), the living room is anchored by a fireplace adorned with Arts and Crafts tiles and side-by-side built-in bookshelves. The guest house/studio contains a kitchenette and full bath. It could be used for guests, as an office, or converted to an ADU. The rear patio and yard is private and secure – a great place for outdoor dining/entertaining or possibly a spa? A two-car garage completes this awesome property.

    Listed with Katherine Orth CalDRE: 00942500 | 626-355-2384, DPP


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Sat, 01 Jan 2022 11:14:00 +0000: $950,000 :: 1091 Wesley Avenue, Pasadena CA, 91104 - Bungalow Heaven Homes for Sale
    Property Photo



    2 beds, 2 baths
    Home size: 1,162 sq ft
    Lot Size: 7,406 sq ft
    Added: 12/15/21, Last Updated: 01/01/22
    Property Type: Single Family
    MLS Number: P1-7732
    Community: Pasadena (NE)
    Tract: Not Applicable
    Status: Conditional


    Charming one-story craftsman, on large, flat lot in desirable Bungalow Heaven in NE Pasadena. This home has been extensively updated, while taking care to retain, many of its architectural features. Hardware floors, fireplace with original built-in cabinets and bookcases, 2 over 1 Prairie style windows and covered front porch preserve the home's original characteristics. While the updated kitchen with stainless steel appliances, baths with marble countertops and Terra Cotta tile flooring add the comforts of modern living. The gated back yard features rear porch that leads to expansive lawn with tall fencing and vegetation at lot lines that provide privacy. Stone path leads to carriage house w/plumbing, perfect for ADU conversion. A versatile move-in ready first home, single-story downsizer or next-home with extensive updates, yet potential for much more.Features: *Updated plumbing and electric *Roof new 2012 *Garage w/plumbing updated 2012 *Updated kitchen and baths *Central AC/heat *Tankless water heater *Sprinkler system updated 2021

    Listed with Brent Chang CalDRE: 01822562 | (626) 487-8100, COMPASS


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


  • Sat, 18 Dec 2021 10:24:00 +0000: $899,999 :: 890 N Michigan Avenue, Pasadena CA, 91104 - Bungalow Heaven Homes for Sale
    Property Photo



    2 beds, 1 bath
    Home size: 1,125 sq ft
    Lot Size: 7,406 sq ft
    Added: 12/10/21, Last Updated: 12/18/21
    Property Type: Single Family
    MLS Number: P1-7697
    Community: Pasadena (NE)
    Tract: Not Applicable
    Status: Conditional


    Nestled in the middle of the highly sought-after Bungalow Heaven Landmark District, this Craftsman bungalow was built in 1922 by William H. Galbreath and offers 2 bedrooms and 1 bath all on a single level. This is a 'contributing' home that is part of the National Register of Historic Places, and the home itself has many original details including the covered front porch, fireplace, built-ins including bookshelves with glass covers, crown moulding, windows, oak wood floors, and French glass doors. Home is bolted, with copper plumbing and AC with permits. Other highlights include a kitchen nook, large walk-in closets with laundry chute, covered shelves, and drawers, and built-in ironing board. Relax and enjoy the California weather in the spacious, flat backyard that provides lots of room for expansion. The convenient long driveway with driveway gate leads to the detached 2-car garage for ample parking. Close to McDonald Park and all that Pasadena has to offer including dining, shopping, entertainment, and recreation destinations.

    Listed with Michael Bell CalDRE: 01164731 | (626) 796-4100, Sotheby's International Realty, Inc.


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


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