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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, 17 Sep 2021 10:04:00 +0000: $1,599,000 :: 1011 N Holliston Avenue, Pasadena CA, 91104 - Bungalow Heaven Homes for Sale
    Property Photo



    4 beds, 2 baths
    Home size: 2,368 sq ft
    Lot Size: 10,890 sq ft
    Added: 08/17/21, Last Updated: 09/17/21
    Property Type: Single Family
    MLS Number: P1-6699
    Community: Pasadena (NE)
    Tract: Not Applicable
    Status: Active


    Welcome to this wonderful English Norman style home located within Bungalow Heaven ~Pasadena's beloved Landmark Landmark District. Custom Built in 1925, you will find many features still intact and beautifully maintained from the original vision of the home. The living room offers a high, open-beam ceiling, stunning windows allowing natural light in and a formal dining room with French doors leading to the screened-in sun room. The primary bedroom leads to the backyard teak deck that is open to the professionally landscaped yard. This home offers four bedrooms and two updated bathrooms, spacious kitchen, an accessible attic area, and an abundant of natural light. Close proximity to Old Town Pasadena and all the new shops and cafes on Washington Blvd. This is a home that shows the pride of architectural preservation and what makes Bungalow Heaven a beautiful place to call home.

    Listed with Noelle Duryee CalDRE: 01869214, Dilbeck Real Estate


    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/!


  • Mon, 13 Sep 2021 13:41:00 +0000: $975,000 :: 1099 Wesley Avenue, Pasadena CA, 91104 - Bungalow Heaven Homes for Sale
    Property Photo



    3 beds, 2 baths
    Home size: 1,575 sq ft
    Lot Size: 7,406 sq ft
    Added: 07/29/21, Last Updated: 09/13/21
    Property Type: Single Family
    MLS Number: IV21167325
    Community: Pasadena (NE)
    The price of this listing was last reduced on 9/13/2021 by 7%
    Status: Active


    Excellent opportunity in NORTH/East Pasadena, Tree lined street , remodeled Kitchen newer self closing cabinets granite counter tops newer flooring, central air and heat, solar paid off. Master Bedroom double door entry. Wood Floors in the living room and dining room and throughout the house, you can Possible build a A.D.U. in the 2 car detected garage in the back, live in one and rent the other for extra income.

    Listed with MERLIN DE COUD CalDRE: 01203605, RE/MAX ONE


    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/!


  • Mon, 13 Sep 2021 04:12:00 +0000: $1,999,000 :: 1459 E Mountain Street, Pasadena CA, 91104 - Bungalow Heaven Homes for Sale
    Property Photo



    4 beds, 7 baths
    Home size: 3,349 sq ft
    Lot Size: 17,424 sq ft
    Added: 09/13/21, Last Updated: 09/13/21
    Property Type: Single Family
    MLS Number: P1-6637
    Community: Pasadena (NE)
    Tract: Not Applicable
    Status: Active


    Looking for a one-of-a-kind home in Pasadena Heights? Enviably located on desirable mountain street, this completely updated residence offers an unbeatable mix of vintage charm, enchanting grounds, and must-have modern upgrades. Step inside to discover gleaming, refinished wood floors accentuated by chic lighting and freshly painted walls. Abundant sunlight streams into the large living room where cool nights can be spent gathered around the stately fireplace. An elegant archway leads to your formal dining room, illuminated by an opulent Design Within Reach Moooi chandelier. Cozy up in the den or spend time in the cheerful sunroom.An original O'Keefe and Merritt stove offers a vintage vibe to the remodeled kitchen featuring quartz countertops, subway tile backsplash, and a sink with a matte black faucet. You'll have three fabulous bedrooms, each with its own bath, and your newer 500 sq ft primary suite has floor-to-ceiling windows and a fireplace with a custom mantle. Pamper yourself in the ensuite with a spa shower, a jetted tub, and a Toto bidet toilet.An entertainer's haven, your lush backyard feels like a private resort. Take a refreshing dip in the shimmering pool, sip your favorite beverages under the gazebo or enjoy lawn games surrounded by verdant foliage and multiple fruit trees. For your convenience, there's a separate family room, plus it offers additional guest accommodations, and there's paid for solar panels to help save on utilities. Keep up your active lifestyle in the newly installed home gym equipped with large windows overlooking the pool. A fully equipped guest house is an ideal spot for a mother-in-law suite or hosting overnight visitors. With easy access to shopping, dining, and the 210 freeway, this spectacular home is a must-see. Come for a tour while you still can!

    Listed with Teresa Piasky CalDRE: 01447565, Coldwell Banker Realty


    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/!


  • Thu, 05 Aug 2021 10:04:00 +0000: $1,249,000 :: 1470 Paloma Street, Pasadena CA, 91104 - Bungalow Heaven Homes for Sale
    Property Photo



    3 beds, 3 baths
    Home size: 1,836 sq ft
    Lot Size: 6,970 sq ft
    Added: 07/07/21, Last Updated: 08/05/21
    Property Type: Single Family
    MLS Number: SR21148180
    Community: Pasadena (NE)
    Status: Active


    Just imagine coming home to this charming 3 bed, 2.5 bath craftsman home located in a sought after North Pasadena Heights Landmark District with it's broad tree lined streets. As you approach the house you will be amazed by it's gorgeous front landscaping with walkway and the perimeter lined by rose bushes! Living room is spacious with a comfy fireplace to cozy up on chilly evenings. The hardwood floors, baseboards and moldings add elegance and architectural detail. Nice-sized formal dining room is next to the updated kitchen with granite countertops, stainless appliances, beautiful tile floors, breakfast bar and an eat-in area. Off the kitchen is the large service poarch that opens to the side yard large enough to accommodate the best of parties. Master bedroom has hardwood floors, a walk-in closet and ensuite bathroom with jetted tub and separate shower and it opens up into the private yard with many fruit trees like: lemon, avocado, fig and white peach. House was extensively remodeled and expanded in 2008. Upgrades include: master bedroom addition, roof, electrical, plumbing, insulation, windows, HVAC system, redesigned kitchen, bathrooms, hardwood flooring, crown molding, recessed lightings, tankless water heater just to name a few. Minutes away from schools, parks, Metro station, downtown and all of Pasadena’s shopping, recreation, dining and the famous Rose Bowl Stadium. This well-loved home is a jewel you will not want to miss! Move-in ready and a MUST SEE! Make an appointment today!

    Listed with Ilona Barsoomian CalDRE: 01261837, Rodeo Realty


    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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