NOT LISTED FOR SALE

1142 Paloma Dr Arcadia, CA 91007

Estimated Value: $2,203,000 - $2,352,000

3 Beds
2.5 Baths
2,411 Sq Ft
$940/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $2,098,000 $870 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $14,041/month

179 Days on Market

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Fireplace in Primary Bedroom
  • Hugo Reid Elementary School Rated A
  • Mountain View
  • Wood Flooring

About This Home

As of July 2024

This wonderful traditional home is located in highly sought-after Lower Rancho area of Arcadia. Top rated school district. Home boasts both charm and quality upgrades. The kitchen has been remodeled with high quality custom cabinetry, beautiful Granite counters and Viking Appliances, which open to formal dining room and breakfast nook overlooking the front garden & side yard. Family room at the heart of the house serving as a central gathering space, with its panoramic view of the beautiful private backyard.The master bedroom with custom fireplace and custom bath with separate shower, water massage jets and a beautiful spa tub, there is an excellent use of Marble and Travertine throughout. spacious back yard with patio area, jacuzzi and wonderful grass garden. Additional Garage space could have 4 cars. Must see to appreciate. All the information deemed reliable but not guaranteed.

Last Agent to Sell the Property

Charlie Ren

IRN Realty Brokerage Phone: 626-487-9568 License #01319460 Listed on: 01/07/2024

IRN Realty

Last Buyer's Agent

KUN TAO

Harvest Realty South Bay License #02015903

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,695

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 0.29 Acre Lot
  • Partially Fenced Property
  • Rectangular Lot
  • Front Yard
  • Property is zoned ARROD*

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Entry on the 1st floor
  • Concrete Roof

Interior Spaces

  • 2,411 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Shutters
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laundry Room
  • Wood Flooring
  • Mountain Views
  • Home Security System

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Gas Oven
  • Six Burner Stove
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Outdoor Features

  • Open Patio
  • Outdoor Storage

Schools

  • Hugo Reid Elementary School
  • Foothill Middle School
  • Arcadia High School

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 15928
  • Assessor Parcel Number 5776005001
  • $890 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,695

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Security System
  • View: Yes
  • Zoning: ARROD*
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5776005001
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2411.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Granite Counters, Storage
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 870.18
  • Room Type: All Bedrooms Down, Family Room, Living Room, Primary Suite
  • Window Features: Shutters
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Jetted Tub, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Storage
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Concrete

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Oven
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Arcadia Unified
  • Elementary School: Hugo Reid
  • Middle School: Foothill
  • High School: Arcadia
  • Elementary School: Hugo Reid
  • High School: Arcadia
  • Middle Or Junior School: Foothill
  • Elementary School #2: HUGREI
  • High School2: ARCADI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 10000-19999 Sqft, Rectangular Lot
  • Lot Size Sq Ft: 12424.00
  • Lot Size Acres: 0.2852
  • Latitude Manual: 34.14264600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12424.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4307.01
  • Tax Lot: 17
  • Tax Tract Number: 15928
  • TaxOtherAnnualAssessmentAmount: 890.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2024
Closed on
Jul 24, 2024
Sold by
Chen Si and Yang Qing
Bought by
Chen Yuanduo and Zhao Jinming
Seller's Agent
Charlie Ren
IRN Realty
Buyer's Agent
KUN TAO
Harvest Realty South Bay
List Price
$2,150,000
Sold Price
$2,098,000
Premium/Discount to List
-$52,000
-2.42%
Views
79
Current Estimated Value
$2,267,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,034
Avg. Annual Appreciation
6.79%
Original Mortgage
$1,573,500
Outstanding Balance
$1,554,269
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$712,765

Purchase Details

Listed on
Oct 9, 2014
Closed on
Nov 6, 2014
Sold by
Landry John S
Bought by
Chen Si and Yang Qing
Seller's Agent
Jim Rock
COMPASS
Buyer's Agent
Mei Mei Liu
Engel & Völkers Pasadena
List Price
$1,788,000
Sold Price
$1,788,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.67%
Original Mortgage
$1,225,000
Interest Rate
2.67%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 24, 2006
Sold by
Landry John S
Bought by
Landry John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2000
Sold by
Everett And Ella Lillie Trust and Candace
Bought by
Landry John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
7.75%
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
Chen Yuanduo $2,098,000 Pacific Coast Title
Chen Si $1,788,000 First American Title
Landry John S -- Security Union Title
Landry John S $430,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Yuanduo $1,573,500
Previous Owner Chen Si $1,225,000
Previous Owner Landry John S $650,000
Previous Owner Landry John S $344,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2024 07/31/24 Sold $2,098,000 -2.4% $870 / Sq Ft
07/04/2024 07/04/24 Pending -- -- --
01/07/2024 01/07/24 For Sale $2,150,000 +20.2% $892 / Sq Ft
12/11/2014 12/11/14 Sold $1,788,000 0.0% $742 / Sq Ft View Prior Sale
11/05/2014 11/05/14 Pending -- -- --
10/09/2014 10/09/14 For Sale $1,788,000 -- $742 / 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 $23,695 $2,098,000 $1,783,800 $314,200
2024 $23,695 $2,106,766 $1,555,450 $551,316
2023 $23,196 $2,065,457 $1,524,951 $540,506
2022 $22,425 $2,024,958 $1,495,050 $529,908
2021 $22,023 $1,985,254 $1,465,736 $519,518
2019 $21,485 $1,926,371 $1,422,262 $504,109
2018 $20,932 $1,888,600 $1,394,375 $494,225
2016 $20,519 $1,815,266 $1,340,231 $475,035
2015 $20,160 $1,788,000 $1,320,100 $467,900
2014 $7,707 $653,085 $421,985 $231,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24003799

California Regional Multiple Listing Service (CRMLS)

APN: 5776-005-001