
The price of 514 N Madison Ave, Pasadena
The current listing price of 514 N Madison Ave is $11,999,999, according to data from Rickird Rey Ramirez, 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 Commercial/Residential homes.
What is the square footage of 514 N Madison Ave?
The total square footage of 514 N Madison Ave 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 514 N Madison Ave?
The total number of bedrooms at 514 N Madison Ave 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 514 N Madison Ave listed?
514 N Madison Ave was last listed on Jan 9, 2025, 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.
514 N Madison Ave, Pasadena is a Commercial/Residential 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 514 N Madison Ave?
The features of 514 N Madison Ave include its Commercial/Residential 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 Commercial/Residential 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 514 N Madison Ave listed?
514 N Madison Ave was last listed on Jan 9, 2025, 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 514 N Madison Ave, Pasadena ?
The real estate agent representing 514 N Madison Ave is Rickird Rey Ramirez, a licensed realtor in Pasadena, affiliated with Ally Commercial Real Estate. This realtor specializes in properties and has extensive experience with Commercial/Residential 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 514 N Madison Ave important?
The listing for 514 N Madison Ave 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 514 N Madison Ave?
Families considering a move to 514 N Madison Ave 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 514 N Madison Ave for families with school-aged children.
How accessible is public transportation from 514 N Madison Ave?
Public transportation options near 514 N Madison Ave 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 514 N Madison Ave, tend to have a higher walkability score, contributing to property value appreciation over time.
What is the property tax for 514 N Madison Ave?
The annual property tax for 514 N Madison Ave 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 514 N Madison Ave?
The amenities near 514 N Madison Ave 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 514 N Madison Ave?
In addition to the parks mentioned above, residents of 514 N Madison Ave 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 514 N Madison Ave, Pasadena and its surrounding neighborhood, reflecting the most important factors that influence property value and desirability in the Pasadena real estate market.
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514 N Madison Ave Pasadena Features
Schools near 514 N Madison Ave
Interior of 514 N Madison Ave
514 N Madison Ave Exterior Info
Financial
514 N Madison Ave listing information
Located at 514-570 N Madison, this offering includes six contiguous parcels totaling 77,460 square feet of land. Currently, the property features 25 existing units, primarily bungalows, across a combined building footprint of 19,506 square feet.
The low building-to-land ratio creates a significant opportunity for a visionary investor or developer to unlock the full potential of the site through extensive ADU development. There is potential to add 25 new ADUs across the property.
This development could nearly triple gross income, offering multiple exit strategies or establishing a valuable legacy asset for long-term investment.
CAN BE SOLD TOGETHER OR SEPARATE.
Map of 514 N Madison Ave
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