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VOLUME 15 NO. 46VOLUME 15 NO. 46 broker lic. #01514230 | source: CoreLogic, Freddie Mac, Bankrate Jan Greteman 626.975.4033 jan@jangreteman.com jangreteman.com #01943630 Judy Webb-Martin 626.688.2273 jwmartin@dppre.com #00541631 Katie Orth 626.688.0418 korth@dppre.com #00942500 Your Story. Your Home. Your Team. Together Stronger. THEWEBB-MARTIN GROUP We're doing very well for our clients in buying and selling homes. Call us today for a free home assessment with no obligations. SINGLE-FAMILY HOMES CONDOMINIUMS SIERRA MADRE 2021 3RD QUARTER SALES WERE THROUGH THE ROOF Average sales price was up 20% to $1,523,731 and per square foot average is now $730! Average sale price went from $725k in 2020 to $792k this year. Over a 36 year period we have bought two homes and sold two homes with Judy Webb-Martin. Working with Katie Orth and Jan Greteman on the last three has been a pleasure. Each time - in three completely different housing markets - it was an excellent experience, personally and professionally. They listened, they advised and when a firm guidance was needed they gave it. They know what they are doing! They also know they are dealing with your home and respect that. They are not one size fits all realtors - and this last sale, we simply turned over to them knowing we were in good hands. Highly recommend them. The data indicates now is the time to sell…. Reach out to any of us to assist you in that process. If your home is priced right, we have consistently been able to get well over asking for our very happy sellers. Warmest regards, SharonWhat The Webb-Martin Group Clients Say... $1,431,600 $1,523,731 $730 $1,282,322 $1,275,272 $606 $732,500 $791,800 $562 $716,500 $724,833 $498 LIST PRICE SOLD PRICE PRICE SF LIST PRICE SOLD PRICE PRICE SF July-September 2021 3 3 2,187 12,204 July-September 2020 3 3 2,212 10,786 July-September 2021 2 3 1,419 July-September 2020 3 3 2,212 SFR AVERAGES BR BA SF LOT SFR AVERAGES BR BA SF SATURDAY, NOVEMBER 13, 2021 VOLUME 15 NO. 46VOLUME 15 NO. 46 broker lic. #01514230 | source: CoreLogic, Freddie Mac, Bankrate Jan Greteman 626.975.4033 jan@jangreteman.com jangreteman.com #01943630 Judy Webb-Martin 626.688.2273 jwmartin@dppre.com #00541631 Katie Orth 626.688.0418 korth@dppre.com #00942500 Your Story. Your Home. Your Team. Together Stronger. THEWEBB-MARTIN GROUP We're doing very well for our clients in buying and selling homes. Call us today for a free home assessment with no obligations. SINGLE-FAMILY HOMES CONDOMINIUMS SIERRA MADRE 2021 3RD QUARTER SALES WERE THROUGH THE ROOF Average sales price was up 20% to $1,523,731 and per square foot average is now $730! Average sale price went from $725k in 2020 to $792k this year. Over a 36 year period we have bought two homes and sold two homes with Judy Webb-Martin. Working with Katie Orth and Jan Greteman on the last three has been a pleasure. Each time - in three completely different housing markets - it was an excellent experience, personally and professionally. They listened, they advised and when a firm guidance was needed they gave it. They know what they are doing! They also know they are dealing with your home and respect that. They are not one size fits all realtors - and this last sale, we simply turned over to them knowing we were in good hands. Highly recommend them. The data indicates now is the time to sell…. Reach out to any of us to assist you in that process. If your home is priced right, we have consistently been able to get well over asking for our very happy sellers. Warmest regards, SharonWhat The Webb-Martin Group Clients Say... $1,431,600 $1,523,731 $730 $1,282,322 $1,275,272 $606 $732,500 $791,800 $562 $716,500 $724,833 $498 LIST PRICE SOLD PRICE PRICE SF LIST PRICE SOLD PRICE PRICE SF July-September 2021 3 3 2,187 12,204 July-September 2020 3 3 2,212 10,786 July-September 2021 2 3 1,419 July-September 2020 3 3 2,212 SFR AVERAGES BR BA SF LOT SFR AVERAGES BR BA SF SATURDAY, NOVEMBER 13, 2021 HOUSING ELEMENT UPDATE ADOPTED! City Council Vote Unanimously Despite Citizen Opposition By Kevin McGuire After several rounds of ping-pong with the Planning Commission and some necessary updates incorporated, City Council has finally adopted the 6th Cycle, Year 20212029, Housing Element Update (HEU), almost four weeks over the deadline of October 15, 2021. On Tuesday, November 9, the approval came during the granted 120-day grace period, and it was indeed a bumpy, frustrating, and sometimes confusing ride. This item was continued from the October 26 meeting after it was realized that part of the Subsequent Environmental Impact Report (SEIR) was missing from the on- line version. Additionally, language edits were requested for the Safety section of the HEU. Objective Hz-5b read: Avoid construction of new development on land currently unimproved and abutted by natural open space areas in Very High Fire SeverityZones. The words “unimproved” and “abutted” came into question during the October 26 public hearing. On October 7, 2021, the Planning Commission recommended that the City Council adopt Resolution 21-59 approving the General Plan Amendment 21-03 to adopt the 2021-2029 Housing Element Update, including updates to the Land Use, Safety, and Circulation Elements and Adopt Resolution 21-60 certifying the SEIR. During the November 9th Public Hearing, Clare Lin, Senior Planner, also called for Council to adopt and direct Staff to continue to develop zoning ordinances and zone change for the residential high-density and religious housing overlay sites. Some Context Every eight years, Sierra Madre needs to update the General Plan's Housing Element as California State law requires. The HousingElement analyzes housing needs, considers all income levels, and provides strategies for meeting those needs. It is comprised of five major components. 1. A review of the current HousingElement 2. Assessment of existing housingneeds 3. Identification of resources (land, financial and administrative) 4. Evaluation of constraints to housing 5. Housing Plan: Goals, Policy, andPrograms. After a Regional Housing Needs Assessment (RHNA) by Karen Warner & Associ ates, it was recommended that Sierra Madre come up with sites for 204 units. See chart These RHNA recommendations weren’t feasible without making some zoning adjustments. These rezoning suggestions include the 200 block of Mariposa Ave., 18100 block of Suffolk Ave., 491 W. Sierra Madre Blvd., and 215 N. Baldwin. Ideally, this would pave the way for 90 units. In addition, there is a Religious Housing Overlay Zone to allow for affordable housing on congressional land. Old North Church and United Methodist Church are two congressional sites that can offer large parking lot areas for 51 units. Despite the recommendations, the city is under no obligation actually to build these 204 units. But, choosing not to send an HEU to the state for approval could mean a fine of $100,000 to the City. The Updates Bethany Church was removed from the Religious Housing Overlay after concluding that they did not have the space in their parking lot. Since October 26, the Safety Element Update has become compliant with the Cal- Fire Department of Forestry. The words “unimproved” and “abutted” were cut from Objective Hz-5b, which now reads: Avoid construction of new development in natural open space areas in Very High Fire Severity Zones. Certification of the Final SEIR The Draft Environmental Impact Report (EIR) circulated for 49 days between August 3rd and September 21st. The final EIR includes comment letters and responses. Of the 30 comments received, only 16 addressed the SEIR. Fifteen of those were from private citizens, and one comment was from Caltrans. Answers were provided for all comments. However, some residents have commented that the responses were not adequate. Income Category Housing Units Very Low Income [<50% Area Median Income for LA County (AMI)] 79 Low Income (50-80% AMI) 39 Moderate Income (80-120% AMI) 35 Above Moderate (>120% AMI) 51 TOTAL 204 below. Push and Pull Each of these HEU public hearings has had one thing in common; groups of concerned citizens approaching the mic to express their disapproval of elements of the HEU. One of the most significant issues lies within the Potential Housing Units chart, which covers the 2021-2029 period. The chart lists The Meadows proposal (42 units on the grounds at the Monastery) as a “Contemplated Project.” Mayor Rachelle Arizmendi has addressed this issue on several occasions; Tuesday night’s meeting was no exception. The Mayor emphasized that the HEU does not include The Meadows proposal, as it will have its own EIR when the time comes. But, the fact that The Meadows appears in the HEU has some folks crying“fowl.” Over the past year or longer, many residents have expressed their displeasure over the Monastery project for reasons, including: • It will change the small-town feel ofSierra Madre. • Traffic on Sunnyside and CarterAvenues will significantly increase. • The area surrounding theMonastery is a High Fire Area. • Water usage will increase duringa time of drought. Most of the comments made during the public comment section of the public hearing revolved around The Meadows project. Some feel the language in Objective Hz-5b was purposely changed to accommodate the Monastery. Co-Founder and Principal of EcoTierra Consulting, Inc., Curtis Zacuto’s explanation that the founders’ “natural open space” language referred to the area above the Monastery. This semantics issue has citizens feeling that the cards are being stacked against them. These concerns and opinions will most certainly extend well into 2022. Approval City Council unanimously approved the General Plan Amendment 21-03 to adopt the 2021-2029 Housing Element Update, including updates to the Land Use, Safety, and Circulation Elements; certify the Subsequent Environmental Impact Report; and direct Staff to continue to develop zoning ordinances and zone change for the residential high density and religious housing overlay sites. The approval was meant with some grunts and outbursts from attendees, which Mayor Arizmendi quickly shut down. The HEU is available to review on the City’s website at cityofsierramadre.com. STAY SAFE! VACCINATE WEAR A MASK! | |||||||||||||||||
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