NOT LISTED FOR SALE

1224 Michillinda Ave Arcadia, CA 91006

Estimated Value: $3,495,000 - $4,213,224

6 Beds
8 Baths
4,845 Sq Ft
$813/Sq Ft Est. Value

About This Home

This home is located at 1224 Michillinda Ave, Arcadia, CA 91006 and is currently estimated at $3,938,556, approximately $812 per square foot. 1224 Michillinda Ave is a home located in Los Angeles County with nearby schools including Hugo Reid Elementary School, Foothills Middle School, and Arcadia High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2022
Sold by
Gaiming Chen
Bought by
Gaiming Chen Family Trust
Current Estimated Value
$3,849,420

Purchase Details

Closed on
Feb 12, 2022
Sold by
Yuanming Li
Bought by
Chen Gaiming

Purchase Details

Closed on
Oct 17, 2011
Sold by
Gonzalez Alfredo and Gonzalez Alfredo Gonzalez
Bought by
Li Yuanming and Chen Gaiming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 26, 2009
Sold by
Gonzalez Nohemi
Bought by
Gonzalez Alfredo and The Alfredo Gonzalez Revocable Living Tr

Purchase Details

Closed on
Nov 28, 2005
Sold by
Bonilla Salvador
Bought by
Gonzalez Nohemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 17, 2005
Sold by
Gourley Robert D and Gourley Family Trust
Bought by
Gonzalez Nohemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 12, 2003
Sold by
Gourley Robert D and Gourley Living Trust
Bought by
Gourley Robert D and Gourley Family Trust
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Gaiming Chen Family Trust -- --
Chen Gaiming -- None Listed On Document
Li Yuanming $1,790,017 Provident Title Company
Gonzalez Alfredo -- None Available
Gonzalez Nohemi -- United Title Company
Gonzalez Nohemi $1,600,000 United Title Company
Gourley Robert D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li Yuanming $735,000
Previous Owner Li Yuanming $790,000
Previous Owner Gonzalez Nohemi $1,200,000
Source: Public Records

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 $25,612 $2,309,876 $1,798,668 $511,208
2024 $25,612 $2,264,585 $1,763,400 $501,185
2023 $25,077 $2,220,182 $1,728,824 $491,358
2022 $24,249 $2,176,650 $1,694,926 $481,724
2021 $23,803 $2,133,972 $1,661,693 $472,279
2019 $23,222 $2,070,679 $1,612,407 $458,272
2018 $22,495 $2,030,079 $1,580,792 $449,287
2016 $22,026 $1,951,251 $1,519,409 $431,842
2015 $21,641 $1,921,943 $1,496,587 $425,356
2014 $21,335 $1,884,295 $1,467,271 $417,024
Source: Public Records

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