NOT LISTED FOR SALE

1017 S 2nd Ave Arcadia, CA 91006

Estimated Value: $3,269,000 - $4,122,000

7 Beds
6.5 Baths
5,359 Sq Ft
$652/Sq Ft Est. Value

Last Sold June 27, 2017

Last sale price $2,380,000 $444 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $20,878/month

62 Days on Market

Highlights

  • Two Primary Bedrooms
  • View of Trees or Woods
  • No HOA
  • Camino Grove Elementary School Rated A
  • Main Floor Primary Bedroom
  • Fireplace

About This Home

As of June 2017

Lowered New Price for quick sale, Must see in Person, this large fully Remodeled Home 5359 sqft more than 15000+ sqft land is located in the heart of arcadia! A true gem with 7bds/6.5bths double door entry opens up to grand foyer and circular staircase with adjacent high living room and sitting room. Two master rooms one upstairs and one downtair both offer walk in shower and massage jacuzzi tub. additional large suite on the first floor, upstairs offer 5 bedrooms, One Jack n Jill, and other two shares one bath. Outside large back yard offers 4 car garage and one full bath. behind garage there's also room to plant fruits or veggies as desired. there's also a fish pond with water fall in the backyard. the entire lot contains numerous trees from front to back for the ultimate in privacy. walking distance to shopping, dining, and located in the award winning Arcadia Unified School District.

Last Agent to Sell the Property

Curtis Zheng

Wetrust Realty License #01851976 Listed on: 03/01/2017

Last Buyer's Agent

Jing Su

Choun-Wen Joe Tseng, BROKER License #01851976

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,502

Year Built

  • Built in 2005

Lot Details

  • 0.35 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned ARR175

Parking

  • 4 Car Garage

Property Views

  • Pond
  • Woods

Interior Spaces

  • 5,359 Sq Ft Home
  • Bar
  • Fireplace
  • Formal Entry
  • Living Room
  • Library
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Six Burner Stove
  • Gas Range

Bedrooms and Bathrooms

  • 7 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • Bathtub

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Utilities

  • Cooling System Powered By Gas
  • High Efficiency Air Conditioning
  • Zoned Heating and Cooling
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 605
  • Assessor Parcel Number 5781006021

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,502

Year Built

Built in 2005

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Ad Number: 6266882995
  • Inclusions: all appliances
  • Other Phone Description: 6266882995
  • Other Phone Number: 6266882995
  • Property Attached: No
  • View: Yes
  • Zoning: ARR175
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5781006021
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5359.00 Square Feet
  • Interior Amenities: Bar
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 444.11
  • Room Type: Formal Entry, Foyer, Galley Kitchen, Jack & Jill, Kitchen, Laundry, Library, Living Room, Main Floor Master Bedroom, Two Masters, Walk-In Closet
  • Bathroom Features: Bathtub, Remodeled

Exterior Features

  • View: Pond, Trees/Woods
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Appliances: 6 Burner Stove, Gas Range
  • Heating Type: Central
  • Sewer: Unknown
  • Water Source: Other
  • Cooling: Central Air, Dual, Zoned, Gas, Energy Star Qualified Equipment, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Arcadia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 15329.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4308.02
  • Tax Lot: 15
  • Tax Tract Number: 605

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
Jun 16, 2017
Sold by
Zheng Curtis Wei
Bought by
Lee Christine and Du James Shangfan
Seller's Agent
Curtis Zheng
Wetrust Realty
Buyer's Agent
Curtis Zheng
Wetrust Realty
List Price
$2,780,000
Sold Price
$2,380,000
Premium/Discount to List
-$400,000
-14.39%
Current Estimated Value
$3,496,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,116,088
Avg. Annual Appreciation
4.72%
Original Mortgage
$1,428,000
Outstanding Balance
$1,192,411
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,303,677

Purchase Details

Listed on
Mar 1, 2017
Closed on
May 2, 2017
Sold by
Zheng Curtis Wei
Bought by
Zheng Curtis Wei and Gao Yunxuan
Seller's Agent
Curtis Zheng
Wetrust Realty
Buyer's Agent
Curtis Zheng
Wetrust Realty
List Price
$2,780,000
Sold Price
$2,380,000
Premium/Discount to List
-$400,000
-14.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,428,000
Outstanding Balance
$1,192,411
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,303,677

Purchase Details

Closed on
Nov 6, 2013
Sold by
Gao Yunxuan
Bought by
Zheng Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2013
Sold by
Citibank Na
Bought by
Zheng Wei

Purchase Details

Closed on
May 21, 2012
Sold by
Nguyen Peter and Nguyen Nancy
Bought by
Citibank Na

Purchase Details

Closed on
Apr 23, 2010
Sold by
Nguyen Peter and Nguyen Nancy
Bought by
Citibank Na

Purchase Details

Closed on
Apr 20, 2004
Sold by
Thorne David M and The Ethel M Thorne Family Trus
Bought by
Nguyen Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2001
Sold by
Thorne David M and Ethel M Thorne Family Trust
Bought by
Thorne David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.9%

Purchase Details

Closed on
Jan 25, 1994
Sold by
Thorne Elinda Smith
Bought by
Thorne David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lee Christine $2,380,000 Chicago Title Company
Zheng Curtis Wei -- Chicago Title Company
Zheng Wei -- Pacific Coast Title
Zheng Wei $1,625,000 Pacific Coast Title Company
Citibank Na $1,850,000 Accommodation
Citibank Na $1,653,502 Accommodation
Nguyen Peter $712,000 Fidelity National Title
Thorne David M -- Chicago Title Co
Thorne David M -- Chicago Title Co
Thorne David M -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Christine $1,428,000
Previous Owner Zheng Wei $975,000
Previous Owner Nguyen Peter $520,000
Previous Owner Thorne David M $203,000
Previous Owner Thorne David M $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2017 06/27/17 Sold $2,380,000 -7.8% $444 / Sq Ft
04/25/2017 04/25/17 Price Changed $2,580,000 -7.2% $481 / Sq Ft
03/01/2017 03/01/17 For Sale $2,780,000 -- $519 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $30,502 $2,762,188 $1,556,343 $1,205,845
2024 $30,502 $2,708,028 $1,525,827 $1,182,201
2023 $29,863 $2,654,930 $1,495,909 $1,159,021
2022 $28,872 $2,602,874 $1,466,578 $1,136,296
2021 $28,340 $2,551,838 $1,437,822 $1,114,016
2020 $27,976 $2,525,673 $1,423,079 $1,102,594
2019 $27,646 $2,476,151 $1,395,176 $1,080,975
2018 $26,882 $2,427,600 $1,367,820 $1,059,780
2016 $19,282 $1,690,380 $1,180,666 $509,714
2015 $18,948 $1,664,990 $1,162,932 $502,058
2014 $18,677 $1,632,376 $1,140,152 $492,224
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Curtis Zheng

    Wetrust Realty

    (626) 656-2887

    2 Total Sales

    Curtis Zheng
    Section Image

  • J

    Buyer's Agent in 2017

    Jing Su

    Choun-Wen Joe Tseng, BROKER

    (518) 330-5231

    4 Total Sales

    Jing Su
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17042213

California Regional Multiple Listing Service (CRMLS)

APN: 5781-006-021

California Los Angeles County Arcadia 91006

1017 S 2nd Ave, Arcadia, CA

This home is located at 1017 S 2nd Ave, Arcadia, CA 91006 since 01 March 2017 and is currently estimated at $3,496,088, approximately $652 per square foot. This property was built in 2005. 1017 S 2nd Ave is a home located in Los Angeles County with nearby schools including Camino Grove Elementary School, Richard Henry Dana Middle School, and Arcadia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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