La Canada Real Estate

La Canada Market Activity This Week

8 listings came on the market this week:

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2120 Countryman is in Sagebrush off of Castle. Built in 1954, it has never been on the market. Showings start on Tuesday's caravan. 4588 Viro was on in June for $1,149,000 then reduced to $1,099,500 before expiring in August. It is now staged and back on for a lower price, yet is still over $600 per foot. 4636 Grand is on a corner. It has a huge master suite upstairs and a pool. 4601 Hillard is my listing. I had it on last fall at $1,895,000, then reduced it in the spring to $1,695,000. We completely missed the market as I initially had people interested around $1.7. We pulled it off the market in July to give it a breather. We've added some furniture and given it a much better price ($481 per square foot on a huge lot!). It is truly a phenomenal post and beam in original condition with no weird alterations or additions. I'll be open Sunday 2:00-4:00. 1109 Wiladonda is really nice. Brand new with a good one-story floor plan and decent sized back yard. It is on the section of the street west of Hayman...great location on a cul-de-sac. 5005 Jarvis came on in April for $3,295,000, reduced to $3,099,000 and expired the middle of this month. Now with a new agent, it is in a realistic price range. 1830 Earlmont is fantastic. Generous entertaining areas inside and out. It has been remodeled and shows beautifully. 4735 Gould came on in June for $4,197,000 and reduced to $3,990,000, still too high for its proximity to the freeway. Now it has a new agent and is in a new price range.

We had 5 homes go into escrow this week:

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4511 Hillard has been through the ringer. Tough location, over looking Foothill and the 2. It started at $1,120,000 last December (a pipe dream) and reduced to $768,000 over 6 months. A new agent took it as a short sale at the current price and it is finally in escrow. 5367 Godbey started at $980 in December. 4072 Chevy Chase sold in just over a week. 5188 Vista Miguel started at $1,995,000. It was one of those properties that most agents thought would sell right away but they ended up having to reduce it before selling it. 3821 Domal had a recent $200,000 reduction before selling.

We had 2 closings this week:

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4635 Ocean View was bank owned. 4089 Dover was in escrow 10 months ago for $1.6 but fell out over the seller's unwillingness to pay for additional pits to be dug for the septic. $300,000 later, it has closed escrow.

For those of you that read the saga of my front yard, we are having a lunch meeting with the landscape architect tomorrow. Progress!

 

La Canada Market Activity This Week

We have 86 listings on the market in La Canada. 6 are new, 1 is a re-list:

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307 San Juan Way is a tear-down, and I am not exaggerating. I have seen bad, awful, smelly...but this takes the cake. I am a major animal lover, but the smell of cat urine even turned my stomach. The seller purchased this in a trustee sale on the steps of the courthouse for (approx) $446,000. They will make a nice little profit because they did absolutely nothing to the property. Odor aside, it is in a great location in the PCY area right next to lovely newer homes. The lot is nice and has a (bug-infested) pool. I think it is well priced. 5169 Redwillow has a view. 4917 Burgoyne is the re-list. Lovely new home on a cul-de-sac. The only drawback is the small yard. 4072 Chevy Chase is a ranch on a big lot. 4849 Oakwood has been remodeled and sits on a gated flag lot. 5419 Castle Knoll sold  a year ago for $2,330,000. 1011 Descanso is new construction on a flag lot. I haven't seen it yet.

2 homes went into escrow this week:

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2057 Hilldale is a charming, freeway-close condo alternative. 2028 Lombardy very nice in an awesome cul-de-sac location.

We had one home close escrow last week:

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5160 La Canada Blvd. was a very rustic Ranch on a large lot.

I will be brief tonight as my stepdaughter just pointed out that the water heater is leaking into the basement (of our rustic Ranch) and I had to put my beloved cat Bart to sleep yesterday (my 3 year-old asked me if I had killed him...a real feel-good moment) so I really just want to go plug into the TV and perhaps have a drink...more next week.

La Canada Market Activity This Week

The market is slowly picking up steam in La Canada. We have 4 new listings:

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4812 Ocean View sits on a cul-de-sac in Sagebrush. I have not seen it. 5710 Ridge Ct. is in Greenridge on a small cul-de-sac. Built in 1997, it shows well. 4035 Dover on a large lot, though not all flat. 791 Saint Katherine was last on in 2004 for $2,090,000. It did not sell then.

We had 4 homes go into escrow this week:

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1120 Inverness is the short sale that just won't go away! It went into escrow in May, fell out and is now in escrow again, subject to the cancellation of the last escrow. 4126 Organ Lane is truly on the border of Montrose, located on a small drive off of Crescent. 4621 Encinas had 5 offers on it. Great property, emotional home in a nice location. 4952 Alta Canyada is redone and on a private drive. With its proximity to power lines, I am curious to see where it closes. It has been on the market for 7 months, starting at $1,799,000.

We had 3 closings this week:

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2157 Patagonia started as a for-sale-by-owner for over $1.1. 4917 Angeles Crest Highway sold quickly, just $50,000 under asking. 280 Saint Katherine was another short sale. List price was $1.7 and it sold for $1,375,000. A decent price but at 2652 square feet it still sold for over $518 per square foot.

Watch for more listings and sales in the coming weeks!

La Canada Market Activity This Week

Another slow week in real estate as La Canadans wrap up their summer and (some) get ready for school. We had 2 listings come on the market:

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1418 El Vago has actually been off and on the market since 12/06 when it was listed for $2,190,000. In April of this year it was given to a new listing agent at $1,998,000. It expired at the end of last month and is now on again for $100,000 less. 4621 Encinas is a charming cottage near LCE. It will be open Sunday from 2:00-5:00.

We had one house go into escrow this week:

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5012 Princess Anne was listed 6 months ago for $1,699,000 and eventually reduced to its current asking price. It is an interesting post and beam on a lovely lot.

We had 4 houses close escrow:

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4804 Crown sold in less than one month. Ditto for 226 Mariners View. 4240 Woodleigh sold and closed in just over 1 month for $200,000 over asking. Incredible location on 1 3/4 acre...the buyers got a good deal. 5429 Castle Knoll sold quickly as well and closed in 3 weeks.

Look for more market activity in the coming weeks and stay tuned for another Before and After. We have moved on from our incomplete front yard project and are opening up the ceiling in our living room. I'll post pictures on the progress...

Please stop by 4336 Chevy Chase this weekend. Gorgeous estate property in Flintridge! Kathy from my office will have it open Saturday from 2:00-4:00 and I will be there on Sunday from 2:00-5:00.