Overbid of the Month – 1522 Wembley Road, San Marino

It’s always interesting to see what homes sell for as compared to the home’s asking price.

When I start working with a new buyer, I recommend that we set them up to receive home listings directly from the MLS (Multiple Listing Service) inclusive of homes that go under contract and homes that just sold.

Why? Because getting information on home sales show how quickly these homes sell and for how much. It’s the quickest and easiest way to get a pulse on the real estate market.

So far, San Marino real estate home sales for the month of July are at 9 homes sold.

On average, these homes sold at 97.97% of asking price. That’s pretty good considering the average price per square foot for these San Marino homes is $611.22 and they were on the market for 57 days on average.*

This month, there was a bit of a multiple offer war for the property at 1522 Wembley Road:

 

It originally came on the San Marino real estate market at $1,598,000. It just closed escrow (SOLD) at $1,668,000 at a whopping $725.85 a square foot (compare it to the $611 average for the rest of the sales.) It also sold in about two weeks!

Why was this home so special?

The location was great – it was in the Huntington LibraryDistrict of San Marino minutes from This home was beautifully staged and nicely updated.

Congratulations to the Sellers and the new Buyers!

Interested in More San Marino Real Estate data?

ALSO READ: San Marino Real Estate Market Report
* ITEC data as of July 29,2008

See all San Marino Homes for Sale here:

  • Mon, 06 Feb 2012 23:06:00 +0000: $1,400,000 :: 1705 Sharon Place, San Marino CA, 91108 - San Marino Homes for Sale
    Property Photo



    3 beds, 1 full, 2 part baths
    Home size: 2,433 sq ft
    Lot Size: 12,838 sq ft
    Added: 02/06/12, Last Updated: 02/06/12
    Property Type: Single Family, Residential
    MLS Number: 22161175
    Community: San Marino


    Wonderful Traditional home with a great flowing floorplan which includes formal entry, living room with dining area and a shared fireplace with the large family room off of the spacious kitchen with pantry and an abundance of custom cabinets including wine shelves. The three bedrooms include a master suite with private fireplace, large wood-lined walk-in closet and updated master bathroom with an oversized spa tub and separate glass shower. In addition there is a fabulous office and three quarter bathroom accessible from the rear grounds complete with new saltwater pool and play area. There is a two-space car-port in addition to the over sized two car garage with extra storage. The property has a brand new roof, updated electrical and now just waits for you to call it home!

    Listed with Nikkell Lilavois, Coldwell Banker


    Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com!


  • Mon, 06 Feb 2012 21:39:00 +0000: $1,199,000 :: 1415 South San Gabriel Boulevard, San Marino CA, 91108 - San Marino Homes for Sale
    Property Photo



    4 beds, 2 full, 1 part baths
    Home size: 2,340 sq ft
    Lot Size: 11,517 sq ft
    Added: 11/29/11, Last Updated: 02/06/12
    Property Type: Single Family, Residential
    MLS Number: W12009888
    Community: San Marino
    The price of this listing was last increased on 1/23/2012 by 0%


    Fantastic Gem Ready For You To Move In! Award-Winning San Marino Schools!Very Well Maintained One-Story Home On Large 11,520 SF Lot! Recently Remodeled From 2008-2010--Newer Roof, Upgraded Kitchen With Granite Counter Tops, Newer Copper Plumbing,Newer Bathrooms, Newer Driveway Pavement*Large Living Space 2,340 SF With 4 Bedrooms And 3 Bathrooms*Wonderful And Bright Formal Living Room With Large Fireplace And Bay Windows*Huge Family & Game Room With High-Soaring Ceilings And Additional Fireplace, Potential Wet Bar Area In Den*See The Exquisite Craftsmanship Throughout The Home Featuring Detailed Interior Walls With Finely-Painted Wood Crown Molding And Wainscotings Throughout*Spectacular Heated Swimming Pool With Diving Board & Water Slide, Attached With Nice Spa And Relaxing Private Patio*Approved San Marino City Permit Of Circular Driveway * *Walking Distance to Carver Elementary*Minutes Drive To:Huntington Middle, San Marino High School,Huntington Library,Renowned Cal-Tech,Pasadena City College,And Shopping Centers*Perfect For Entertaining Guests And Large Family Gatherings*Motivated Sellers Entertain All Offers*Do Not Wait! A Must See!**VIRTUAL TOUR Available!Please call/text listing agent for easy showing appointment**

    Listed with WEIGE YUN, COLDWELL BANKER DYNASTY/TC


    Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com!


  • Mon, 06 Feb 2012 15:56:00 +0000: $949,000 :: 500 Plymouth Road, San Marino CA, 91108 - San Marino Homes for Sale
    Property Photo



    3 beds, 1 full, 2 part baths
    Home size: 1,671 sq ft
    Lot Size: 5,402 sq ft
    Added: 02/05/12, Last Updated: 02/06/12
    Property Type: Single Family, Residential
    MLS Number: 22161164
    Community: San Marino


    This lovely single story Spanish is in the Mission District of San Marino. The current owner remodeled the kitchen and all three baths beautifully. The spacious living room has a handsome fireplace and mantel with built in book shelves on either side. There are also wood beamed ceilings, hardwood floors and views to the landscaped front yard and side patio. The dining room and living room open out to a romantic brick patio that is great for outdoor dining. The master suite features a darling built-in window seat that looks out to the side patio garden. One bedroom features a built-in desk that would be perfect for a student or a home office. Another bedroom has French doors that lead out to the deck and grassy back yard. The gardens have been cut back for winter, but will beautiful in the spring. This home is turnkey and has San Marino schools.

    Listed with Michele Sanchez, Sotheby's International Realty


    Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com!


  • Mon, 06 Feb 2012 12:48:00 +0000: $1,498,000 :: 2100 South El Molino Avenue, San Marino CA, 91108 - San Marino Homes for Sale
    Property Photo



    4 beds, 2 full, 1 part baths
    Home size: 2,496 sq ft
    Lot Size: 8,921 sq ft
    Added: 02/02/12, Last Updated: 02/06/12
    Property Type: Single Family, Residential
    MLS Number: W12016387
    Community: San Marino


    Two Story home on a corner lot in Mission District. Remodeled in 2006.Solid hardwood floor throughout,functional kitchen with breakfast nook,French door in living room leads towards side yard with a Koi Fish Pond,Master bedroom with French door towards balcony ,remodeled master bath with Jacuzzi tub,An over 480 Sq.Ft. of finished basement currently used as a family room,Separate 160 Sq.Ft. office off two-car garage,central A/C and heating,sliding gate with remote,circulating hot water system,all copper piping,sale includes all appliances.

    Listed with XIAO HU, PG REALTY


    Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com!


  • Mon, 06 Feb 2012 11:59:00 +0000: $3,380,000 :: 1015 San Marino Avenue, San Marino CA, 91108 - San Marino Homes for Sale
    Property Photo



    5 beds, 3 full, 2 part baths
    Home size: 4,715 sq ft
    Lot Size: 34,410 sq ft
    Added: 10/01/11, Last Updated: 02/06/12
    Property Type: Single Family, Residential
    MLS Number: 22157242
    Community: San Marino


    Elegant and private, this exceptional property combines distinguished design, character and serenity. The dramatic front entry, off the concrete circular driveway, invites you into this beautifully maintained home. The well laid out floor plan includes an elegant living room, formal dining room, three large bedroom suites, each with their own bath, plus a separate guest wing with its own entrance. Exceptionally large kitchen with walls of cabinetry, parquet floor and tiled counter tops and breakfast area. Large service room with laundry, wash sink, a closet and a adjacent bath, it can be converted back as the 5Th bedroom. The large family / garden room with its wall of glass opens to the patio and rear gardens and has a dramatic fireplace and a wet bar - perfect for entertaining. The home is beautifully situated above the street on level three-quarter acres of lovely park-like grounds.

    Listed with William Ni (w/ Jean Ni), Coldwell Banker


    Brought to you by Irina Netchaev, John Aaroe Group. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com!


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