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Bigtown Homes

221 N Raymond Avenue Pasadena

The price of 221 N Raymond Avenue, Pasadena

The current listing price of 221 N Raymond Avenue is $5,120,000, according to data from ALBERT LE, and the Pasadena Real Estate Board. The property’s value is influenced by several factors, including location, lot size, house condition, and the overall health of the Pasadena real estate market. According to the local appraiser in Pasadena, the property value in has seen a steady increase year-on-year, driven by low supply and high demand for Apartment homes.

What is the square footage of 221 N Raymond Avenue?

The total square footage of 221 N Raymond Avenue is approximately SQ FT. This figure includes both the living area and any additional structures, such as a garage or finished basement. Larger homes in , tend to have an average size of 2,000 to 4,000 square feet, according to the Pasadena Real Estate Board. The square footage significantly impacts the property’s value, as larger homes are highly sought after in this suburban area.

How many bedrooms are at 221 N Raymond Avenue?

The total number of bedrooms at 221 N Raymond Avenue is . This figure includes both the main floor and any additional floors, such as a basement or loft. The number of bedrooms significantly impacts the property’s value, as 3+ bedroom homes are highly sought after in this suburban area.

When was 221 N Raymond Avenue listed?

221 N Raymond Avenue was last listed on Nov 18, 2024, as verified by the Pasadena Real Estate Board’s Multiple Listing Service (MLS) . Properties in this area often get listed and sold within 60 to 90 days, particularly when the housing market is strong and mortgage rates are favorable.

221 N Raymond Avenue, Pasadena is a Apartment residential property located in , one of the suburbs of Pasadena. The property stands out due to its proximity to various amenities, including schools, parks, and public transportation routes, which add significant value to the neighborhood. According to data from the Pasadena Real Estate Board, properties in this area are highly sought after due to their large lot sizes, access to amenities, and convenient commute to downtown Pasadena.

What are the features of 221 N Raymond Avenue?

The features of 221 N Raymond Avenue include its Apartment structure, typical of many homes in the region. The property size is another significant factor, with many homes in this area boasting large square footage and spacious backyards. Real estate appraisers and experts, like those at Zoocasa, have highlighted the increased demand for properties with large lots and Apartment units in the Greater Pasadena Area, particularly in suburban areas like . These attributes make the property desirable for families looking for both space and convenience.

When was 221 N Raymond Avenue listed?

221 N Raymond Avenue was last listed on Nov 18, 2024, as verified by the Pasadena Real Estate Board’s Multiple Listing Service (MLS) . Properties in this area often get listed and sold within 60 to 90 days, particularly when the housing market is strong and mortgage rates are favorable.

Who is the real estate agent for 221 N Raymond Avenue, Pasadena ?

The real estate agent representing 221 N Raymond Avenue is ALBERT LE, a licensed realtor in Pasadena, affiliated with LE INVESTMENT GROUP. This realtor specializes in properties and has extensive experience with Apartment homes and luxury properties in . According to the Pasadena Real Estate Board, it is essential to engage experienced realtors in regions like due to the nuanced real estate trends affecting the area.

Why is the listing at 221 N Raymond Avenue important?

The listing for 221 N Raymond Avenue provides potential buyers with detailed insights into the property’s attributes. As noted by Pasadena real estate expert Richard Evanns, properties in this area are known for their spacious interiors, proximity to top-ranked schools, and low crime rates, all of which influence market desirability. The Pasadena Real Estate Board regularly updates its database, ensuring that the listings reflect the most current market data, including price changes and open house schedules.

What are the nearby schools for 221 N Raymond Avenue?

Families considering a move to 221 N Raymond Avenue will find several top-rated schools in the vicinity. According to the Pasadena District School Board, daycares, schools and high schools are highly regarded for their academic programs. Additionally, the Pasadena District School Board has highlighted the area for its strong community involvement and extracurricular activities, which further enhance the appeal of homes like 221 N Raymond Avenue for families with school-aged children.

How accessible is public transportation from 221 N Raymond Avenue?

Public transportation options near 221 N Raymond Avenue include multiple bus routes that connect directly to Pasadena’s subway system. Laura Rubio-Cornejo, the head of transportation for the City of Pasadena, has emphasized the importance of transit accessibility for suburban properties. She notes that homes within 500 meters of a public transit route, like 221 N Raymond Avenue, tend to have a higher walkability score, contributing to property value appreciation over time.

What is the property tax for 221 N Raymond Avenue?

The annual property tax for 221 N Raymond Avenue is determined by the City of Pasadena’s property tax assessment. According to John W. Weldon, a real estate analyst for the City of Pasadena, property taxes in are influenced by the market value of the home, its location, and its size. The tax rate for properties typically ranges from 0.6% to 1% of the assessed value, making it competitive with other suburban regions of Pasadena.

What amenities are near 221 N Raymond Avenue?

The amenities near 221 N Raymond Avenue include parks, shopping centers, and fitness facilities, all of which are key considerations for potential buyers. The urban planner with the City of Pasadena, has identified local attraction as important environmental features that attract families and outdoor enthusiasts to the area. In addition to parks, there are several local grocery stores and restaurants within a short drive, adding to the overall convenience of the location.

What recreational facilities are available near 221 N Raymond Avenue?

In addition to the parks mentioned above, residents of 221 N Raymond Avenue have access to ‘s parks and recreation centers. According to Pasadena Parks and Recreation, these facilities offer a wide range of sports programs and community events that cater to all age groups, making the neighborhood an ideal choice for families seeking an active lifestyle.

By covering all these aspects in detail, this article provides a thorough overview of the property at 221 N Raymond Avenue, Pasadena and its surrounding neighborhood, reflecting the most important factors that influence property value and desirability in the Pasadena real estate market.

To book a showing use the Form on the right hand side below, to see this property immediately before it sells.

221 N Raymond Avenue
Pasadena
$5,120,000
Beds
0 Baths
SqFt
0.17 Acres
Add
Add
$5,120,000
221 N Raymond Avenue
Pasadena, CA, 91103
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221 N Raymond Avenue Pasadena Features

Price:
$5,120,000
MLS #:
IV24236416
Status:
Active
Baths:
0
Address:
221 N Raymond Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
646pasadenane
City:
Pasadena
Listed Date:
Nov 18, 2024
State:
CA
ZIP:
91103
Lot Size:
7,408 sqft / 0.17 acres (approx)
Year Built:
1898

Schools near 221 N Raymond Avenue

Interior of 221 N Raymond Avenue

221 N Raymond Avenue Exterior Info

Community Features
Curbs, Storm Drains, Street Lights, Suburban
Fencing
Wrought Iron
Garage Spaces
0.00
Lot Features
6-10 Units/ Acre
Parking Features
Gated, Off Site
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

Financial

221 N Raymond Avenue listing information

HIGHLIGHTS: The property is protected from auto-reassessment after sale under the Mills Act. Property tax are currently set at just $22,325 per year / Estimated saving under the Mills Act are $30,000 annually. In essence adding the income of an additional one-bedroom unit, with no expenses. / Attractive in-place offering actual CAP Rate of 4.40% With a ProForma CAP Rate of 5.27% / 2017 Historic Preservation Award / Three (3) two-story, two-bedroom, two-and-one half bathroom units (2B2.5B) + bonus room in master bedroom. / Tenants have access to offsite parking at the Marriott, with several additional local options available for more affordable solutions / Individually metered for all utilities. Water submetering is in place. Currently master-metered for water, 9 individual water meters in place. ) (MILLS ACT PROTECTED PROPERTY)

The Historic Fannie Bonham Row House at 221 N Raymond Ave, Pasadena, CA, is a meticulously restored property and the only remaining example of rowhouse construction in the city!

The property features a desirable unit mix, including six (6) single-story, 1-bedroom, 1-bathroom units, and three (3) townhouse-style, 2-bedroom, 2.5-bathroom units. Each townhouse unit also includes a bonus room in the master bedroom, offering flexible space ideal for a nursery, home office, or additional bedroom.

This historic building underwent an extensive restoration to preserve its original architectural details while modernizing essential key building systems. Jackson Milling & Lumber, Inc. contributed significantly to this effort, utilizing custom-milled Douglas fir to replace wood
siding & replicate intricate crown moldings true to the materials used in the original construction. Additionally, American Window Restoration repaired or replaced all windows to maintain historical accuracy. This dedication to preserving the building’s heritage earned it a Historic Preservation Award from the City of Pasadena and recognition from then-Senator Anthony Portantino.

Map of 221 N Raymond Avenue


If you would like to see similar properties contact Bigtown Homes team today!

221 N Raymond Avenue
Pasadena, CA
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