NOT LISTED FOR SALE

1303 S 8th Ave Arcadia, CA 91006

Estimated Value: $1,591,000 - $1,917,000

5 Beds
3 Baths
2,119 Sq Ft
$805/Sq Ft Est. Value

Last Sold April 25, 2016

Last sale price $1,100,000 $519 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $10,117/month

59 Days on Market

Highlights

  • All Bedrooms Downstairs
  • City Lights View
  • Family Room Off Kitchen
  • Camino Grove Elementary School Rated A
  • No HOA
  • 5-minute walk to Camino Grove Park

About This Home

As of April 2016

Original owner since 1959, superbly well maintained duplex over half a century. For home buyers familiar with the area to have a good school district, nice cozy neighborhood. There are solar panel system and water softener system installed. Back unit with tenant resides (2 bedrooms 1 bathroom, 700-800 sq ft) monthly rent: $1200. Front house (3 bedrooms 2 baths, 1500 sq ft) with sizable living area enclosed protected with fence, nice kitchen, dinning area with views of streets, living room with fireplace, central air, beautiful patio in the backyard with plenty of grown plants. Camino Grove Elementary School only cross street. Buyers can be assured this is the one you would like to settle down with your family members. Front house rent worth $2500/month, Home Buyer can live in one unit and collect rent of the other; investor can have a duplex with total monthly rent $3700.

Last Agent to Sell the Property

Phyllis Lu

Titan One Real Estate License #01526442 Listed on: 01/04/2016

Co-Listed By

Vincent Yu

Vincent Yu, Broker License #01440257

Last Buyer's Agent

Vincent Yu

Vincent Yu, Broker License #01440257

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1912

Lot Details

  • 10,017

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Composition Roof

Interior Spaces

  • 2,119 Sq Ft Home
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • City Lights Views
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Full Bathrooms

Additional Features

  • 10,017 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 72
  • Tax Tract Number 808
  • Assessor Parcel Number 5780024035

Home Details

Home Type

Single Family

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5780024035
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2119.00
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Family Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 519.11
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 10017.00
  • Price Per Lot Square Foot: 109.81
  • Lot Size Acres: 0.2300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10017.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 72
  • Tax Tract Number: 808

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2016
Closed on
Apr 20, 2016
Sold by
Wu Lishin
Bought by
Golden Diamond Capital Llc
Seller's Agent
Phyllis Lu
Titan One Real Estate
Buyer's Agent
Vincent Yu
Vincent Yu, Broker
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Current Estimated Value
$1,706,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$606,694
Avg. Annual Appreciation
4.64%

Purchase Details

Listed on
Jan 4, 2016
Closed on
Mar 14, 2016
Sold by
Stegner Shirley Ann and The Stegner Family Trust
Bought by
Wu Lishin
Seller's Agent
Phyllis Lu
Titan One Real Estate
Buyer's Agent
Vincent Yu
Vincent Yu, Broker
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
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
Golden Diamond Capital Llc -- Chicago Title Company
Wu Lishin -- Chicago Title Company
Wu Lishin $1,100,000 Chicago Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2016 04/25/16 Sold $1,100,000 -12.0% $519 / Sq Ft
03/03/2016 03/03/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $1,250,000 -- $590 / 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 $14,427 $1,302,173 $1,041,740 $260,433
2024 $14,427 $1,276,641 $1,021,314 $255,327
2023 $14,121 $1,251,610 $1,001,289 $250,321
2022 $13,648 $1,227,069 $981,656 $245,413
2021 $13,394 $1,203,009 $962,408 $240,601
2020 $13,223 $1,190,674 $952,540 $238,134
2019 $13,065 $1,167,328 $933,863 $233,465
2018 $12,699 $1,144,440 $915,552 $228,888
2016 $1,063 $67,258 $39,948 $27,310
2015 $1,044 $66,248 $39,348 $26,900
2014 $1,045 $64,952 $38,578 $26,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16001270

California Regional Multiple Listing Service (CRMLS)

APN: 5780-024-035