NOT LISTED FOR SALE

1040 Paloma Dr Arcadia, CA 91007

Estimated Value: $2,288,652 - $2,536,000

4 Beds
3 Baths
3,011 Sq Ft
$803/Sq Ft Est. Value

Last Sold February 19, 2016

Last sale price $1,592,500 $529 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $14,433/month

52 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Mountain View
  • L-Shaped Dining Room
  • Hugo Reid Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of February 2016

Beautiful updated ranch style home on one of the most beautiful tree lined streets in the sought after area of the "Lower Rancho" in Arcadia, with great curb appeal. This expansive 3,000+ square foot home boasts a separate master suite with its own bathroom as well as 3 additional large bedrooms. Separate living room and Dining Room have been updated with beautiful designer paint and new carpets throughout. Family room is spacious and can accommodate large gatherings and also has been updated with designer paint colors, new carpet and recessed lighting. Kitchen is a great size and opens up to a huge kitchen nook area as well as bar and family room, which leads you to a spacious outdoor backyard area with a lot size of over 14,000 square feet. You will not be disappointed with what this property has to offer. There is also a very large workshop area that can be converted to accommodate an additional 2 or 3 car covered garage as well. This gorgeous home offers a prime location with Arcadia Schools and close to all amenities Arcadia has to offer, a rare opportunity!

Last Agent to Sell the Property

Ash Rizk

Coldwell Banker Realty License #01503342 Listed on: 01/12/2016

Coldwell Banker Realty

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,935

Year Built

  • Built in 1948

Lot Details

  • 0.33 Acre Lot
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Back and Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 3,011 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Formal Dining Room
  • Mountain Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 12901
  • Assessor Parcel Number 5776009011

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,935

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5776009011
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3011.00
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook, Dining Ell, Separated
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 528.89
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Foothills, Street Lights

Schools

  • School District: Arcadia Unified

Lot Info

  • Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 14139.00
  • Price Per Lot Square Foot: 112.63
  • Lot Size Acres: 0.3250

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14139.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 23
  • Tax Tract Number: 12901

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2016
Closed on
Feb 11, 2016
Sold by
Melkesian Brent M
Bought by
Crown Michael R and Crown Sharyn L
Seller's Agent
Ash Rizk
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,750,000
Sold Price
$1,592,500
Premium/Discount to List
-$157,500
-9%
Current Estimated Value
$2,419,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$826,663
Avg. Annual Appreciation
4.40%
Source: Public Records

Range of Values:

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Average Value
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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
Crown Michael R $1,592,500 Equity Title Los Angeles
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2016 02/19/16 Sold $1,592,500 -9.0% $529 / Sq Ft
02/02/2016 02/02/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $1,750,000 0.0% $581 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
12/12/2015 12/12/15 For Sale $1,750,000 -- $581 / 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 $20,935 $1,885,188 $1,508,154 $377,034
2024 $20,935 $1,848,225 $1,478,583 $369,642
2023 $20,496 $1,811,987 $1,449,592 $362,395
2022 $19,818 $1,776,459 $1,421,169 $355,290
2021 $19,458 $1,741,627 $1,393,303 $348,324
2019 $18,984 $1,689,972 $1,351,978 $337,994
2018 $18,490 $1,656,836 $1,325,469 $331,367
2016 $2,719 $189,840 $62,939 $126,901
2015 $2,372 $186,989 $61,994 $124,995
2014 $2,351 $183,327 $60,780 $122,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15261422

California Regional Multiple Listing Service (CRMLS)

APN: 5776-009-011