Pasadena California Rose Court Paired Homes For Sale and Market Update
This is a recap of real estate activity so far in 2015 at the California Rose Court community.
Statistical information is from our local multiple listing service(mls) and may not include all transactions in the development.
California Rose Court is a paired home community built by KB Homes(then known as Kaufman and Broad) in 1989 and 1990. The 168 home development is in Northeast Pasadena just north of Pasadena High School and Victory Park. Each home shares a wall with a neighboring home. Unlike a townhome or condo, each homeowner is responsible for the exterior maintenance of their individual property(roof and painting). There is a professionally managed homeowners association for maintaining the private roads in the community, greenbelt areas as well as the common pool, spa and lounge area.
The California Craftsman influence is evident throughout the community. The two level homes feature details reflective of the Arts and Crafts era including shingled exteriors with river rock accents and wide eaves that combine with more modern touches such as open floor plans, high ceilings and clerestory windows. Additionally you will find attached garages with direct access to the homes which feature two or three bedrooms and two-and-one-half baths. The overall feel of the home is one that enhances indoor-outdoor entertaining.
The location in Pasadena zip code 91107 is easily accessible to shopping, dining, entertainment, culture and recreation. Transportation via the Gold Line light rail station at Sierra Madre Villa or the Foothill(210)Freeway are convenient as well. The property is very close to Victory Park which is home to a very popular Saturday Farmers Market. Victory Park also marks the location of the Tournament of Roses Showcase of Floats each January where visitors can see the decorated entries of the annual Rose Parade.
There is currently one California Rose Court home available for sale. It features approximately 1562 square feet with three bedrooms and is offered at $648,000. There is one other home in escrow. Since January, there has been six mls-reported closed transactions ranging from $615,000 to 680,500 with an average price of $658,433(median price $672,500). Each sale so far this year has sold at or above the list price with an average 105.19% sales versus list price. The average price per square foot currently stands at $406.14.
For full year 2014, there were just three sales ranging from $572,000 to $614,250 with an average sales price of $593,147(median $594,000). They sold at 98.47% of last list price and for $359.35 per square foot on average.
During 2013, there were five closed transactions for the year. These sales ranged from $530,000 to $597,000 with an average sales price of $557,400(median $550,000). They sold at 101.74% of last list price and for $339.90 per square foot on average.
Subtle and not-so-subtle differences can have an impact on the individual selling price so it’s important for a prospective buyer or a homeowner thinking of selling, to review more detailed information than this brief overview.
If you would like to know more about California Rose Court or any Pasadena real estate contact me at 818.516.4393 cell. Let’s discuss what is important to you.
Published: October 30, 2015
Pasadena California Rose Court Paired Homes For Sale and Market Update
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