Last month the most expensive La Crescenta home sale, February 2019, was 4744 Rosemont Ave. This La Crescenta ranch home sold in 2002 for $420,000. It was then purchased less than a year ago in June of 2018 for $850,000 as a flip. The investors fixed it up and it sold last month for $1,131,000 which was over $50,000 over their asking price.
MLS REMARKS READ: Beautifully Remodeled Home steps from Award Winning La Crescenta Schools. Situated on a 11,582 sq.foot lot, the long driveway accommodates many cars for your guests or your toys. Brand New Viking appliances surround the kitchen. Open Floor Plan leads to a huge backyard with lots of natural light. Ideal for entertaining. New roof, new copper plumbing, new HVAC. Separate laundry room and a 2 car garage.
We have a new La Crescenta listing coming on the market in the next month or two. It is a three bedroom, two bath traditional located North of Foothill Blvd.
“As home prices rise, significantly more people are choosing to remodel, repair or upgrade their existing homes. The increase in home equity over the past several years provides homeowners with the means to finance home remodels and repairs. With rates still ultra-low by historical standards, home-equity loans provide a low-cost method to finance home-improvement spending. These expenditures are expected to rise 5 percent in 2019.” Frank Martell, President and CEO of CoreLogic
