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$1,195,000

Beds
4
Baths
3.0
sq ft
2,105

20 West Pasadena Avenue, Phoenix, AZ 85013

20 West Pasadena Avenue

Phoenix, AZ 85013

  • 13 days on market
The c. 1948 P.M. & Edna Laughrun Residence: A Stunning Transformation in the Prestigious Medlock Historic District. This Spanish Colonial Revival ranch home has been completely reimagined from the ground up, blending historic charm with modern luxury. Situated on an expansive, irrigated half-acre estate lot, this fully remodeled gem offers a rare opportunity to enjoy historic living without compromising on contemporary comforts. No detail was overlooked in this down-to-the-studs renovation, which thoughtfully preserved key architectural elements while introducing high-end finishes and updates throughout. The home still boasts its iconic brick exterior, stained wood soffits, and enchanting Mission-tiled roof, which was fully replaced in November 2021. Original coved ceilings, large picture windows, and the charming corner wood-burning fireplace have been meticulously restored to honor the home's heritage. The completely redesigned interior features a stunning modern kitchen with custom cabinetry, luxury countertops, state-of-the-art Thermador appliances, and updated fixtures. Bathrooms have been artfully refreshed while honoring their mid-century design. Step outside to your private oasis straight out of a classic Hollywood film. The backyard is a showstopper, featuring expansive brick-lined patios, a charming original water feature, mature park-like grounds, towering palm trees, and a preserved brick BBQ area. Romantic covered porches frame both the front and rear of the home, perfect for relaxing or entertaining. A stately ~140' driveway leads to a fully functioning 450-square-foot detached guest house complete with a kitchenette, bathroom, and laundry. Currently rented (month to month) for $1,600 per month, this space offers incredible flexibility for generating income or hosting extended guests. Behind the guest house lies an RV slab and gated alley access, complete with a recently installed metal fence and gate. Located within walking distance of some of Phoenix's best dining, shopping, and cultural destinations, including Postino, Windsor, Joyride, The Henry, Changing Hands, and Uptown Farmers Market, this home offers the ultimate in walkable living. Enjoy quick access to the light rail, downtown, and the 51 freeway, while residing in the coveted Madison School District. Move-in ready and listed on the National Register of Historic Places, this property currently qualifies for a 50% property tax savings for owner-occupants. With nearly half an acre of land and R-3 zoning, the potential for future expansion or enhancement is boundless. Don't miss this opportunity to own a piece of history that seamlessly blends timeless charm with every modern convenience. Your dream home on Pasadena Avenue awaits!

Details

Property type

Single Family Residence

Est. home value

$867,836

Lot size

0.45 acres

Price per sq ft

$568

Year built

1949

Annual property taxes

$2,502

HOA

No

Price History

02/13/2025
ArizonaRegional

ArizonaRegional #6817132

Listed
$1,195,000
+37.36%
06/05/2023
ArizonaRegional

ArizonaRegional #6554649

Sold
$870,000
+9.43%
10/14/2021
ArizonaRegional

ArizonaRegional #6291500

Sold
$795,000
+87.06%

Schools & Community

Neighborhood: 

Alhambra

Elementary school: 

Madison Richard Simis School

Middle school: 

Madison Meadows School

High school: 

Central High School

High school district: 

Phoenix Union High School District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$288,963
Asking price
$1,195,000
Closing costs (~8% of asking)
-$95,600
Est. remaining loan balance
-$810,437
Cash to seller
$288,963

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Oneaz Cu

Loan start date

June 2023

Original loan amount

$826,500

Est. remaining balance

$810,437

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Jacob Hutchins

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/26/2025 at 7:55 AM

Listing updated: 02/24/2025 at 1:02 AM

Listed by: Margaret Hunnicutt, Weichert, Realtors - Courtney Valleywide Phone #: (480) 705-9600

MLS: ArizonaRegional #6817132

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