NOT LISTED FOR SALE

1121 Fairview Ave Unit C Arcadia, CA 91007

Estimated Value: $892,082 - $967,000

3 Beds
3 Baths
1,493 Sq Ft
$195/mo HOA Fee

Last Sold August 25, 2014

Last sale price $596,000 $399 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,765/month

15 Days on Market

Highlights

  • 0.74 Acre Lot
  • Mountain View
  • Porch
  • Hugo Reid Elementary School Rated A
  • Deck
  • 2 Car Attached Garage

About This Home

As of August 2014

Fabulous townhome located in a quiet and serene gated community with prestigious Arcadia Schools. This elegant unit welcomes you with a sunny front yard and patio for your private garden and leisure. It features vaulted ceilings, a pleasant floor plan, bright and an airy living room highlighted by a cozy fireplace. There are 3 bedrooms and 3 bathrooms including a spacious master suite with a walk in closet. The downstairs family den can be used as a 4th bedroom or office. Additional features include a bonus room (approximately 150 sqft) by the garage that can be converted to an office, gym or workshop. Well-managed HOA has low HOA dues ($195/month), and sizable cash reserves (around $85,000). Conveniently located near the Westfield Santa Anita Mall, schools,markets, freeway and public transportation. It is an ideal home for you!

Last Agent to Sell the Property

Sharon Liu

Re/Max Premier Prop Arcadia License #01720175 Listed on: 06/22/2014

Re/Max Premier Prop Arcadia

Last Buyer's Agent

Noushine Rostamian

Coldwell Banker License #01066426

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,203

Year Built

  • Built in 1987

Lot Details

  • 1 Common Wall
  • East Facing Home
  • Wood Fence
  • Front Yard

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 1,493 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Mountain Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • 17 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 44792
  • Assessor Parcel Number 5379029051

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,203

Year Built

Built in 1987

Lot Details

0

HOA Fees

$195 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: ARR3YY
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5379029051
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1493.00
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 399.20
  • Room Type: All Bedrooms Up

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck, Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Range Hood
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 195.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Arcadia Unified

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 32385.00
  • Lot Size Acres: 0.7430

Multi Family

  • Lease Considered: No
  • Lot Size Area: 32385.0000 Square Feet
  • Number Of Units In Community: 17
  • Number Of Units Total: 17

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 44792

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2015
Sold by
Malhotra Susan Khaw
Bought by
Malhotra Susan K and The Susan K Malhotra Living Trust
Current Estimated Value
$918,021

Purchase Details

Listed on
Jun 22, 2014
Closed on
Aug 11, 2014
Sold by
Yang Bingen
Bought by
Malhotra Susan Khaw
Seller's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
Buyer's Agent
Noushine Rostamian
Coldwell Banker
List Price
$578,000
Sold Price
$596,000
Premium/Discount to List
$18,000
3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Original Mortgage
$280,000
Outstanding Balance
$207,440
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$710,581

Purchase Details

Closed on
Apr 7, 2012
Sold by
Yang Bingen and Wang Haiyan
Bought by
Yang Bingen and Wang Haiyan

Purchase Details

Closed on
Mar 26, 1996
Sold by
Yueng Shum Ming
Bought by
Yang Bingen and Wang Haiyan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
7.84%
Mortgage Type
Balloon
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
Malhotra Susan K -- None Available
Malhotra Susan Khaw $596,000 Lawyers Title
Yang Bingen -- None Available
Yang Bingen $186,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malhotra Susan Khaw $280,000
Previous Owner Yang Bingen $167,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2014 08/25/14 Sold $596,000 +3.1% $399 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
06/22/2014 06/22/14 For Sale $578,000 -- $387 / 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 $8,203 $716,294 $445,521 $270,773
2024 $8,203 $702,250 $436,786 $265,464
2023 $8,032 $688,481 $428,222 $260,259
2022 $7,770 $674,982 $419,826 $255,156
2021 $7,627 $661,748 $411,595 $250,153
2019 $7,404 $642,122 $399,388 $242,734
2018 $7,234 $629,532 $391,557 $237,975
2016 $7,041 $605,088 $376,353 $228,735
2015 $6,919 $596,000 $370,700 $225,300
2014 $3,251 $252,046 $71,138 $180,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14131320

California Regional Multiple Listing Service (CRMLS)

APN: 5379-029-051