NOT LISTED FOR SALE

1296 S 8th Ave Arcadia, CA 91006

Estimated Value: $2,217,258 - $2,626,000

5 Beds
4 Baths
3,480 Sq Ft
$677/Sq Ft Est. Value

Last Sold January 26, 2015

Last sale price $1,688,880 $485 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $14,367/month

27 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Primary Bedroom Suite
  • Open Floorplan
  • Camino Grove Elementary School Rated A
  • Gated Parking
  • Two Story Ceilings

About This Home

As of January 2015

Beatiful built in 96 Custom Home located in a Desirable and Qiuiet Location!Arcadia SChool DIstrict! Walking DIstance to Elementary SChool! 5 Bedroom 4 Bath ( One Bedrrom one Bath Downstairs),Formal Living Room and Formal Dining room offers High Ceiling, Large FAmily room leads to Large Covered Patio with Fireplace! Ideal for Outdoor Entertainment. Spacious Kitchen with Granite Countertops and offer Large Breakfast Area.Master Suite offers with separate Shower and Tub. Dual Sinks and Large Walk-in Closet. Large Back yard with Fruit Trees. Newer exterior Stucco and Paint. Automatic Gated.

Last Agent to Sell the Property

Johnny Lam

Treeline Realty & Investment License #01064582 Listed on: 11/28/2014

Last Buyer's Agent

Johnny Lam

Treeline Realty & Investment License #01064582 Listed on: 11/28/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,460

Year Built

  • Built in 1996

Lot Details

  • 9,285 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Front and Back Yard Sprinklers

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Gated Parking

Home Design

  • Copper Plumbing

Interior Spaces

  • 3,480 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Two Story Ceilings
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Property Views

Kitchen

  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 4 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 5780028002

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,460

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5780028002
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3480.00
  • Interior Amenities: Copper Plumbing Full, Granite Counters, High Ceilings, Open Floorplan, Two Story Ceilings, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 485.31
  • Room Type: Entry, Family Room, Formal Entry, Jack & Jill, Living Room, Master Suite, Walk-In Closet, Separate Family Room, Two Masters

Exterior Features

  • Exterior Features: Lighting
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete, Direct Garage Access, Garage, Garage Door Opener, Gated, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Central, Fireplace(s), Natural Gas
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Arcadia Unified

Lot Info

  • Lot Features: Lot 6500-9999, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 9285.00
  • Lot Size Acres: 0.2130

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9285.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2014
Closed on
Dec 11, 2014
Sold by
Lee Jim
Bought by
Churong Tang and Ling Wen
Seller's Agent
Johnny Lam
Treeline Realty & Investment
Buyer's Agent
Johnny Lam
Treeline Realty & Investment
List Price
$1,688,000
Sold Price
$1,688,880
Premium/Discount to List
$880
0.05%
Current Estimated Value
$2,356,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$667,935
Avg. Annual Appreciation
3.15%

Purchase Details

Closed on
Feb 18, 2012
Sold by
Lee Jim and Lee Anna
Bought by
Lee Jim and Lee Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2009
Sold by
Lee Jim and Li Xia
Bought by
Lee Jim

Purchase Details

Closed on
Mar 28, 2006
Sold by
Chu Yung Che and Lien Vicky Yu Mei
Bought by
Lee Jim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$873,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 4, 1997
Sold by
The Eric Friedman Co Inc
Bought by
Chu Yung Che

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.95%

Purchase Details

Closed on
Apr 3, 1996
Sold by
Ransberger Ray
Bought by
The Eric Friedman Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
7.96%
Mortgage Type
Construction
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
Churong Tang $1,689,000 Chicago Title Company
Lee Jim -- Lawyers Title
Lee Jim -- Lawyers Title
Lee Jim -- None Available
Lee Jim $1,165,000 United Independent Title
Chu Yung Che -- Orange Coast Title
The Eric Friedman Company Inc $210,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Jim $780,000
Previous Owner Lee Jim $873,000
Previous Owner Chu Yung Che $200,000
Previous Owner The Eric Friedman Company Inc $445,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2015 01/26/15 Sold $1,688,880 +0.1% $485 / Sq Ft
12/25/2014 12/25/14 Pending -- -- --
11/28/2014 11/28/14 For Sale $1,688,000 -- $485 / 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 $22,460 $2,029,795 $1,210,139 $819,656
2024 $22,460 $1,989,996 $1,186,411 $803,585
2023 $21,989 $1,950,978 $1,163,149 $787,829
2022 $21,259 $1,912,725 $1,140,343 $772,382
2021 $20,870 $1,875,222 $1,117,984 $757,238
2019 $20,360 $1,819,604 $1,084,825 $734,779
2018 $19,858 $1,783,926 $1,063,554 $720,372
2016 $19,446 $1,714,655 $1,022,255 $692,400
2015 $15,122 $1,324,678 $780,254 $544,424
2014 $14,906 $1,298,730 $764,970 $533,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14250262

California Regional Multiple Listing Service (CRMLS)

APN: 5780-028-002