NOT LISTED FOR SALE

140 E Colorado Blvd Arcadia, CA 91006

Estimated Value: $1,272,000 - $1,863,263

2 Beds
1 Bath
2,672 Sq Ft
$622/Sq Ft Est. Value

Last Sold March 20, 2014

Last sale price $960,000 $359 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $9,842/month

43 Days on Market

Highlights

  • Fireplace in Bathroom
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Holly Avenue Elementary School Rated A+
  • No HOA
  • 4-minute walk to Eisenhower Park

About This Home

As of March 2014

North Arcadia , Excellent neighborhood, Arcadia school district, single story complex, laundry hook-ups on every unit, 4 car detached garage, Lot ARR3 Zoning, can possibly be developed and build more Units on the Lot, please check with City of Arcadia Building Department, for number of units allowed.

Last Agent to Sell the Property

Brendan Ramirez

Century 21 Ludecke Inc. License #01320929 Listed on: 01/22/2014

Century 21 Ludecke Inc.

Last Buyer's Agent

Alexander Metaxas

Realty Investment Advisors, Inc. License #01784652

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,073 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 2,672 Sq Ft Home
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom
  • Fireplace in Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 27
  • Tax Tract Number 4308
  • Assessor Parcel Number 5773003017

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,650

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5773003017
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Fireplace Features: Bath
  • Levels: One
  • Price Per Square Foot: 359.28

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7073.00
  • Lot Size Acres: 0.1620

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4650.00
  • Gross Scheduled Income: 4650.00
  • Lot Size Area: 7073.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 4650.00

Tax Info

  • Tax Lot: 27
  • Tax Tract Number: 4308

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2018
Sold by
Kelley Julie V and Jacobson Julie V
Bought by
Kelley Wililam F and Kelley Julie V
Current Estimated Value
$1,662,566

Purchase Details

Listed on
Jan 22, 2014
Closed on
Mar 11, 2014
Sold by
Kelley William F
Bought by
Kelley Julie and Jacobson Julie
Seller's Agent
Brendan Ramirez
Century 21 Ludecke Inc.
Buyer's Agent
Alexander Metaxas
Realty Investment Advisors, Inc.
List Price
$998,000
Sold Price
$960,000
Premium/Discount to List
-$38,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$485,000
Outstanding Balance
$365,366
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$1,297,200

Purchase Details

Listed on
Jan 22, 2014
Closed on
Mar 6, 2014
Sold by
Sfeir Norma M
Bought by
Kelley Julie and Jacobson Julie
Seller's Agent
Brendan Ramirez
Century 21 Ludecke Inc.
Buyer's Agent
Alexander Metaxas
Realty Investment Advisors, Inc.
List Price
$998,000
Sold Price
$960,000
Premium/Discount to List
-$38,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Outstanding Balance
$365,366
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$1,297,200

Purchase Details

Closed on
Feb 4, 2005
Sold by
Sfeir Raymond G and Sfeir Norma M
Bought by
Sfeir Raymond G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2001
Sold by
Reischel Franklin T and Reischel Carolyn P
Bought by
Sfeir Raymond G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,650
Interest Rate
7.05%
Mortgage Type
FHA
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
Kelley Wililam F -- None Available
Kelley Julie -- Fatcola
Kelley Julie $960,000 Fatcola
Sfeir Raymond G -- Commonwealth Title
Sfeir Raymond G $339,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelley Julie $485,000
Previous Owner Sfeir Raymond G $500,000
Previous Owner Sfeir Raymond G $314,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2014 03/20/14 Sold $960,000 -3.8% $359 / Sq Ft
03/06/2014 03/06/14 Pending -- -- --
01/22/2014 01/22/14 For Sale $998,000 -- $374 / 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 $13,569 $1,176,815 $706,091 $470,724
2024 $13,569 $1,153,742 $692,247 $461,495
2023 $13,289 $1,131,121 $678,674 $452,447
2022 $12,855 $1,108,943 $665,367 $443,576
2021 $12,616 $1,087,200 $652,321 $434,879
2019 $12,317 $1,054,955 $632,974 $421,981
2018 $11,967 $1,034,270 $620,563 $413,707
2016 $11,681 $994,111 $596,467 $397,644
2015 $11,478 $979,180 $587,508 $391,672
2014 $5,306 $411,862 $147,019 $264,843
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Brendan Ramirez

    Century 21 Ludecke Inc.

    (626) 579-0802

    2 Total Sales

    Brendan Ramirez
    Section Image
  • Alexander Metaxas

    Buyer's Agent in 2014

    Alexander Metaxas

    Realty Investment Advisors, Inc.

    (626) 487-4300

    6 in this area

    37 Total Sales

    Alexander Metaxas
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14014573

California Regional Multiple Listing Service (CRMLS)

APN: 5773-003-017

California Los Angeles County Arcadia 91006

140 E Colorado Blvd, Arcadia, CA

Not Listed for Sale

MultiFamily

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