NOT LISTED FOR SALE

1046 Fairview Ave Arcadia, CA 91007

Estimated Value: $1,526,000 - $1,713,635

2 Beds
1.5 Baths
2,167 Sq Ft
$734/Sq Ft Est. Value

Last Sold December 05, 2014

Last sale price $875,000 $404 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $9,930/month

Highlights

  • Corner Lot
  • Furnished
  • Central Air
  • Baldwin Stocker Elementary School Rated A+
  • No HOA
  • 4-minute walk to Tripolis Friendship Park

About This Home

As of December 2016

This 2 bedrooms and 1.5 bath unit located in City of Arcadia. Laundry room attached in garage. Convenient location

Last Agent to Rent the Property

Tin-Jon Syiau

REVA License #01913608 Listed on: 11/13/2016

Last Renter's Agent

Tin-Jon Syiau

REVA License #01913608

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 10,311 Sq Ft Lot
  • Corner Lot
  • Property is zoned ARR3*

Parking

  • 1 Car Garage

Interior Spaces

  • 2,167 Sq Ft Home
  • Furnished
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Central Air
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $2,000
  • Available 11/15/16
  • Tax Lot 54
  • Tax Tract Number 2731
  • Assessor Parcel Number 5783003020

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2016-11-15
  • Credit Check Paid By: Tenant
  • Deposit Security: 2000
  • Furnished: Furnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: No
  • View: No
  • Zoning: ARR3*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5783003020
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2167.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1.04
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 10311.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Month To Month

Tax Info

  • Tax Census Tract: 4307.24
  • Tax Lot: 54
  • Tax Tract Number: 2731

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2017
Sold by
Rac Development Inc
Bought by
Meridian Consulting International Inc
Current Estimated Value
$1,590,659

Purchase Details

Closed on
Jun 23, 2015
Sold by
Syiau Tin Jon
Bought by
Rac Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,100,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 22, 2014
Closed on
Dec 16, 2014
Sold by
Chen Erica
Bought by
Syiau Tin Jon and Rac Development Inc Investment Trust Pro
Seller's Agent
Paula LaBellarti
Keller Williams Realty
Buyer's Agent
Tin-Jon Syiau
RAC Development Inc.
List Price
$1,100,000
Sold Price
$875,000
Premium/Discount to List
-$225,000
-20.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%

Purchase Details

Listed on
Aug 22, 2014
Closed on
Oct 7, 2014
Sold by
Gelalich Marietta T
Bought by
Chen Erica
Seller's Agent
Paula LaBellarti
Keller Williams Realty
Buyer's Agent
Tin-Jon Syiau
RAC Development Inc.
List Price
$1,100,000
Sold Price
$875,000
Premium/Discount to List
-$225,000
-20.45%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Meridian Consulting International Inc $1,510,000 Ticor Title Company
Rac Development Inc -- Ticor Title Company
Rac Development Inc -- Title 365
Syiau Tin Jon -- None Available
Chen Erica $875,000 Fnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rac Development Inc $4,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2016 12/01/16 Rented $2,250 -18.2% --
11/17/2016 11/17/16 Price Changed $2,750 +14.6% $1 / Sq Ft
11/13/2016 11/13/16 For Rent $2,400 0.0% --
12/05/2014 12/05/14 Sold $875,000 -20.5% $404 / Sq Ft View Prior Sale
12/02/2014 12/02/14 Pending -- -- --
08/22/2014 08/22/14 For Sale $1,100,000 -- $508 / 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 $19,155 $1,718,118 $1,368,807 $349,311
2024 $19,155 $1,684,430 $1,341,968 $342,462
2023 $18,754 $1,651,403 $1,315,655 $335,748
2022 $18,133 $1,619,023 $1,289,858 $329,165
2021 $17,807 $1,587,278 $1,264,567 $322,711
2019 $17,374 $1,540,200 $1,227,060 $313,140
2018 $16,905 $1,510,000 $1,203,000 $307,000
2016 $11,439 $985,000 $785,000 $200,000
2015 $10,199 $875,000 $610,000 $265,000
2014 -- $390,348 $195,174 $195,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16746169

California Regional Multiple Listing Service (CRMLS)

APN: 5783-003-020