Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

209 Carlton

Pasadena, CA, 91103

1 / 12View all 12 photos

$1,395,000

MLS: DW25243682

Beds

7

Baths

2

Sq Ft

3,314

Lot

0.28 ac

Year Built

1888

MLS #

DW25243682

Days on Market

123

Listed

Nov 12, 2025

Description

The moment you’ve been waiting for, now unveiled with images for the very first time. Opportunity to own a piece of Pasadena history. Originally built in 1888 by Thomas Banbury, this designated historic landmark showcases timeless architectural character and qualifies for potential Mills Act tax benefits, subject to approval by the City of Pasadena. This property offers a compelling blend of preservation and possibility. According to the Historic Preservation Department, the interior may be remodeled without restriction, creating the perfect canvas to merge historic charm with modern living. Set on a spacious rear lot, the property also allows for expansion or new construction, ideal for a guest house, additional structures, or a custom estate layout. Showings are by appointment only.

Location

Pasadena, Los Angeles County, CA 91103

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Listed by: Keren Raquel Melendez · eHomes

Payment estimate

$9,990

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $139,500 · Loan: $1,255,500

%
Principal & Interest
$7,714
Property tax (1.25%)
$1,453
Homeowners insurance
$300
Mortgage insurance
$523
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Pasadena home with as little as 3.5% down using an FHA loan — roughly $48,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Pasadena, CA 91103 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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