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890 Huntington Circle Pasadena: Most Expensive Home Sold in June 2019

Last month the highest priced  home sold in June 2019 was 890 Huntington Circle Pasadena.  This historic Langham Huntington home was originally listed for $5,988,000 and sold in 22 days for over asking at $6,300,000 all cash. The sellers bought this home in 2004 for $3,450,000.

Huntington Circle Most Expensive Home Sold

Marketing:

Nestled in a cherished enclave of thirteen historic homes, Harton Hall proudly sits on a scenic knoll. It overlooks dazzling city lights. Additionally, it showcases stunning gardens. Built in 1933 by architect D.D. McMurray, this gem gleams with meticulous remodels. Proud owners carefully updated it. This Monterey Colonial masterpiece effortlessly blends grand entertaining with cozy family living. Its exceptional floorplan boasts spacious rooms. High ceilings soar impressively. Hardwood floors shine brightly. Crown moldings add elegance. Meanwhile, a paneled library invites relaxation. A gourmet kitchen sparkles. The family room welcomes warmly. Five large bedroom suites offer comfort. Five fireplaces glow invitingly. Abundant natural light floods in. Numerous French doors open wide. They lead to expansive terraces. Enchanting gardens bloom with fountains.
Outside, a resort-like pool brilliantly sparkles. Meanwhile, a spa soothingly relaxes. Additionally, an outdoor fireplace warmly glows. Furthermore, a sprawling lawn generously stretches wide. Additionally, a built-in trampoline is thrillingly exciting. Moreover, exotic plants thrive vibrantly. Likewise, multiple gardens beautifully flourish. Together, they magically craft a park-like setting. Consequently, this space dazzles for entertaining. Similarly, it radiates a sense of calm for garden tours. Nestled in a premier neighborhood, Harton Hall truly glows as a rare jewel. In fact, it offers a luxurious lifestyle. Nearby, a first-class resort conveniently lies just steps away. Undoubtedly, this oasis consistently captivates discerning owners.

From Core Logic:

At the end of the first quarter of 2019, total home equity reached $15.8 trillion, up from $6.1 trillion in the first quarter of 2009. Between the first quarter of 2010 and the first quarter of 2019, the average equity per borrower increased from approximately $75,000 to roughly $171,000. In July 2019, the United States’ economic expansion reached 121 months, the longest on record. June 2009 marked the trough of the Great Recession, after which gross domestic product (GDP) and industrial production resumed growth. Since then, the economy has continued to grow. With housing accounting for approximately 15% of GDP since 2010, the real estate market is a key indicator of economic health.

 

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