Glenbrook Townhomes in Arcadia

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Industry Observer CalBRE #01165532
https://activerain.com/droplet/4ZT2

Glenbrook Townhomes in The City of Arcadia 91007

 

436 Fairview Avenue

 

This a real estate market activity report for the Glenbrook townhome complex located at 436 Fairview Avenue in Arcadia zip code 91007.  The statistical information in this report has been gathered from our local Glenbrook Townhomes With Garages in Arcadia 91007multiple listing service(mls) and may not include all transactions in the complex.  In this report I will share current information for 2017 as well as a recap of sales for the previous four years.

 

Glenbrook was built in 1974 and consists of 45 townhomes in a variety of floor plans with two or three bedrooms and up to three baths. Approximate square footages range from 1300 to over 1600.  Each Glenbrook townhome has an attached garage.  Other features are soaring ceilings, fireplaces, balconies and/or patio areas.

 


The grounds are quite attractive with mature landscaping, pool, spa, lounge area and community room in the southeast corner of the professionally Townhomes with Garages in Arcadia 91007managed complex.  The roof and exterior painting of the complex has been completed within the last few years.   

 

The location in central Arcadia is a popular one with easy access to Westfield Santa Anita shopping and historic Santa Anita Park and Race Track with views of the San Gabriel Mountains.   Transportation is convenient with the Foothill(210) Freeway and a Gold Line light rail station that opened in 2016. Residents of Glenbrook have access to Arcadia schools.

 

  • There are currently just no Glenbrook townhomes available for sale and no sales reported so far in 2017.  

 

  • In 2016, there were four mls-reported closed transactions.  Each was the same floor with two bedrooms/two baths and approximately 1310 square feet with sales prices ranging from $487,000 to $510,000 with an average of $495,750(median $493,500). They sold at 98.56% of last list price and for $378.44 per square foot on average for the year.  

 

  • There were three transactions reported in 2015 ranging from $465,000 to $578,000 with an average sales price of $516,000(median $505,000).  Two of three sold at or above list price for an average 99.59% in 2015.  The average price per square foot was $366.64.   Additionally, a unit that was previously on the market but sold in an off-market situation that year.  That particular unit, because of condition, required an all cash buyer with no contingencies.   It was a two bedroom unit with extensive damage that sold in November, 2015 for $460,000 in a court proceeding.   

 

  • In 2014, there was just one transaction for the entire year according to our reported mls sources.   It was a two bedroom floor plan with approximately 1310 square feet.  It sold for $498,000(its last list price) in October.

 

  • For full year 2013, there were four sales ranging from $478,000 to $550,000 with an average price of $504,000(median $494,000).  They sold at 101.36% of last list price and for $348.16 per square feet on average.

 

Arcadia Townhomes with Garages

 

When it comes to arriving at an ideal listing price for a seller or crafting the best possible offer scenario, there is more information needed in order to make an informed decision.  Beyond the size of the property, additional factors including location within the complex, condition, updates(or lack of them), emotional appeal and timing should also be considered.  Yes, it's really a lot more than just numbers although they are quite important.

 

If you would like to know more about Glenbrook or any Arcadia real estate, contact me at 818.516.4393 cell for the most up-to-date information.  Let’s discuss what is important to you.   

 

Published:  February 27, 2017

 

Glenbrook Townhomes in The City of Arcadia 91007

 

 

Posted by

Michael Jacobs

 

CalBRE # 01165532

2065 Huntington Drive

P. O. Box 587

Pasadena, CA 91102

Call/Text:  818.516.4393

mtj916@gmail.com

 

 

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Rainmaker
3,194,580
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Glenbrook Townhomes in Arcadia has lots going for it, except that there are none currently available for buyers. Sellers, now is the perfect time to call & hire Michael Jacobs. He will get your unit SOLD!

Feb 27, 2017 04:52 AM #1
Rainmaker
1,946,613
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good Morning Michael - very helpful report on Glenbrook Townhomes.  Those wishing to buy or sell with benefit from your information.

Feb 27, 2017 04:56 AM #2
Rainmaker
4,797,528
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Michael.  Thanks for the information and update of the Glenbrook townhome community in Arcadia.

Feb 27, 2017 05:39 AM #3
Rainmaker
1,523,647
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Good Morning Michael, a comprehensive overview of the current market conditions at the Glenbrook townhomes in Arcadia. Homeowners that are contemplating selling need to contact you. Your local knowledge and years of experience are exactly what they need for a successful sale.

Feb 27, 2017 06:24 AM #4
Rainmaker
4,109,739
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, you know your complexes, and Glenbrook is no exception, and these townhomes offer more square footage.  Nice market update!  

Feb 27, 2017 07:01 AM #5
Rainmaker
2,189,919
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

Too bad there are no Glenbrook townhouses available for sale in Arcadia but that's sorta the story all over California right now, I suspect. Just not enough homes for sale to satisfy the demand. You're right, too, of course, about the mature landscaping. That's a bonus you just don't get in areas of new construction. Although it looks like they planted new maple trees recently.

Feb 27, 2017 07:57 AM #6
Rainmaker
3,205,922
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Michael Jacobs,  You got it right as always about all the great places for people to look at buying or selling.  What did you think about picture of the year?  Wait which one was it again?

 

Feb 27, 2017 08:58 AM #7
Ambassador
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Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Glenbrook Townhomes sound like a great place to call home which is evidenced by the total lack of inventory.

Feb 27, 2017 10:12 AM #8
Ambassador
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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Michael- After reading your market reports, it is clear to me that any interested buyers need to contact you to keep informed about any new listings. 

Feb 27, 2017 11:11 AM #9
Rainmaker
4,493,682
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Michael,

What a great profile on Glenbrook Townhomes, if anyone is thinking of selling their townhome, they should contact you for savvy marketing and expertise.  A

Feb 27, 2017 12:32 PM #10
Ambassador
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Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Michael - Your always excellent market reports showcase your comprehensive knowledge of the real estate market in the Pasadena area, and would be a great asset for anyone - buyer or seller - thinking of making a move.

Feb 27, 2017 12:53 PM #11
Rainmaker
3,364,826
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Thank you very much for stopping by and your comments on this market update for the Glenbrook townhomes in the city of Arcadia.  Although there is nothing currently on the market for sale, there are other townhomes that may be a comprable match although it's diffcult to find so many land surrounding a complex in this price range.  

Feb 27, 2017 02:05 PM #12
Rainmaker
622,621
Morgan Evans
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

Hi Michael, Another informative and well designed market report, the Glenbrook Townhomes in the city of Arcadia definitely look like a prime complex. 

Feb 27, 2017 02:47 PM #13
Rainmaker
873,318
Elyse Berman, PA
Best Connections Realty, Inc. - Boca Raton, FL
Boca Raton FL (561) 716-7824 CRS, ABR, GRI,ePR

Michael,  Glenbrook Townhomes looks like a beautiful and peaceful place to call home.  Anyone waiting for a unit would be smart to contact you!

Feb 28, 2017 02:58 AM #14
Rainmaker
3,364,826
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Thank you for your comments. 

Feb 28, 2017 02:07 PM #15
Ambassador
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

The older units are more fairly priced as I see it. This is great information for buyers and sellers interested in Glenbrook Townhouses.

Feb 28, 2017 05:42 PM #16
Rainmaker
5,428,437
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families moving to the area will love your outstanding local community reports.

Mar 01, 2017 04:47 AM #17
Rainmaker
3,364,826
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Thank you very much for your comments.

Mar 01, 2017 08:04 AM #18
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