244 Marguerita Ln Pasadena, CA 91106
Oak Knoll Neighborhood
2
Beds
2
Baths
1,279
Sq Ft
4,563
Sq Ft Lot
Highlights
- Living Room with Fireplace
- Wood Flooring
- No HOA
- Blair High School Rated A-
- Spanish Architecture
- 4-minute walk to Allendale Park
About This Home
As of September 2024A magical 1927 Spanish Colonial Revival awaits within the Marguerita Lane Historic District, colloquially known as the Spanish Revival Village, an iconic LA neighborhood that delights all visitors and residents alike. Originally an artist's enclave envisioned and executed by architectural duo Burton and Denman Schutt, also known for Hotel Bel-Air and many storied estates throughout Beverly Hills and Bel Air, the community comprises a collection of 16 such charming cottages. Of these special relics, 244 Marguerita Lane is the Schutt Brothers' original 'studio house' and has been listed in the National Register of Historic Places. Tucked beneath towering shade trees and concealed by lush vegetation and a privacy gate of wood and iron, the home is replete with numerous period finishes and elements throughout, beginning with the home's red clay Spanish tile roof. Guests arrive into a brick-laid courtyard to discover an enchanting paradisal refuge under blue California skies. Through a rustic castle door is an entry that gives way to a formal living room with original stucco fireplace with raised hearth and hand-carved mantel with classic Greek bas-relief design, Saltillo tile flooring, inset shelving, exposed, hand-hewn beams, and elegant arches and niches. The rustic kitchen includes organic tile treatments, custom cabinetry, vintage stove with oversized plastered vent, and an iron chandelier over a built-in breakfast nook. The primary retreat is dreamy and perfect, with rich hardwood floors and reading alcove with built-in shelving, Gothic lion corbels, ornate sconces, and fine woodwork. The primary bath continues the home's theme and character. A guest bedroom suite features built-ins, hexagon Saltillo tile, retro sink and shower, and hand-painted tile-lined fireplace. Outside, entertain guests and dine al-fresco amidst verdant plantings including whispering Wisteria vines, climbing roses, olives, and elephant ears. Unique and irreplaceable; a well-preserved time capsule of Hollywood history; a soothing memory; a slice of nostalgia; an architectural prize for the creative collector.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,461
Year Built
- Built in 1927
Lot Details
- 4,563 Sq Ft Lot
- Property is zoned PSR6
Parking
- 1 Parking Space
Home Design
- Spanish Architecture
Interior Spaces
- 1,279 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Bonus Room with Fireplace
- Wood Flooring
- Dishwasher
- Laundry Located Outside
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5324-014-014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2024
Closed on
Sep 9, 2024
Sold by
Turbo Fonzarelli Privacy Trust and Landesman Scott
Bought by
Lawrence Greenstein Family Trust and Greenstein
Seller's Agent
Sally Forster Jones
Compass
Buyer's Agent
Adam Janeiro
City Living Realty
List Price
$1,599,000
Sold Price
$1,625,000
Premium/Discount to List
$26,000
1.63%
Views
75
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,404
Avg. Annual Appreciation
0.91%
Purchase Details
Listed on
Apr 9, 2024
Closed on
May 3, 2024
Sold by
Jenijoy La Belle Revocable Trust and Essick Robert Newman
Bought by
Turbo Fonzarelli Privacy Trust and Landesman
Seller's Agent
Cariy Hernandez
Keller Williams Realty
Buyer's Agent
Joshua F. Smith
Compass
List Price
$1,299,000
Sold Price
$1,604,250
Premium/Discount to List
$305,250
23.5%
Views
153
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%
Purchase Details
Listed on
Apr 9, 2024
Closed on
Apr 23, 2024
Sold by
Jenijoy La Belle Revocable Trust and Essick Robert Newman
Bought by
Turbo Fonzarelli Privacy Trust and Landesman
Seller's Agent
Cariy Hernandez
Keller Williams Realty
Buyer's Agent
Joshua F. Smith
Compass
List Price
$1,299,000
Sold Price
$1,604,250
Premium/Discount to List
$305,250
23.5%
Views
153
Purchase Details
Closed on
Sep 21, 2009
Sold by
Labelle Jenijoy
Bought by
Labelle Jenijoy and The Jenijoy La Belle Revocable Trust
Purchase Details
Closed on
Aug 27, 2002
Sold by
California Institute Of Technology
Bought by
Labelle Jenijoy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
6.16%
Purchase Details
Closed on
Mar 19, 1997
Sold by
Matus Gary J
Bought by
California Institute Of Technology
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.86%
Purchase Details
Closed on
Oct 8, 1996
Sold by
Withrow Arthur C
Bought by
Matus Gary J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
8.11%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,625,000 | Fidelity National Title | |
| Grant Deed | $1,604,500 | Lawyers Title Company | |
| Grant Deed | $1,604,500 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Individual Deed | -- | First American Title Co | |
| Grant Deed | $352,500 | Southland Title Company | |
| Individual Deed | $330,000 | Southland Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $278,000 | No Value Available | |
| Previous Owner | $202,500 | No Value Available | |
| Previous Owner | $207,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2024 09/19/24 | Sold | $1,625,000 | +1.6% | $1,271 / Sq Ft |
| 09/09/2024 09/09/24 | Pending | -- | -- | -- |
| 08/22/2024 08/22/24 | For Sale | $1,599,000 | -0.3% | $1,250 / Sq Ft |
| 05/10/2024 05/10/24 | Sold | $1,604,250 | +23.5% | $1,254 / Sq Ft |
| 04/17/2024 04/17/24 | Pending | -- | -- | -- |
| 04/08/2024 04/08/24 | For Sale | $1,299,000 | -- | $1,016 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,461 | $1,625,000 | $1,000,000 | $625,000 |
| 2024 | $6,461 | $559,226 | $400,758 | $158,468 |
| 2023 | $6,404 | $548,261 | $392,900 | $155,361 |
| 2022 | $6,182 | $537,512 | $385,197 | $152,315 |
| 2021 | $5,929 | $526,974 | $377,645 | $149,329 |
| 2020 | $5,693 | $521,571 | $373,773 | $147,798 |
| 2019 | $5,706 | $511,345 | $366,445 | $144,900 |
| 2018 | $5,810 | $501,319 | $359,260 | $142,059 |
| 2016 | $5,616 | $481,854 | $345,310 | $136,544 |
| 2015 | $5,553 | $474,617 | $340,124 | $134,493 |
| 2014 | $5,438 | $465,321 | $333,462 | $131,859 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Sally Forster Jones
Compass
(310) 341-7238
2 in this area
380 Total Sales
-
Seller's Agent in 2024
Cariy Hernandez
Keller Williams Realty
(626) 862-3591
1 in this area
81 Total Sales
-
Seller Co-Listing Agent in 2024
Joshua F. Smith
Compass
(310) 871-5528
2 in this area
66 Total Sales
-
A
Buyer's Agent in 2024
Adam Janeiro
City Living Realty
(213) 747-1337
1 in this area
21 Total Sales
Map
Source: The MLS
MLS Number: 24-430165
APN: 5324-014-014
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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