NOT LISTED FOR SALE

1407 S 2nd Ave Arcadia, CA 91006

Estimated Value: $2,954,000 - $3,523,000

5 Beds
3 Baths
3,644 Sq Ft
$911/Sq Ft Est. Value

Last Sold February 27, 2014

Last sale price $1,610,000 $442 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $20,091/month

38 Days on Market

Highlights

  • Bonus Room
  • Lawn
  • Central Heating and Cooling System
  • Camino Grove Elementary School Rated A
  • No HOA
  • 4-minute walk to Tierra Verde Park

About This Home

As of February 2014

LOCATION! LOCATION! LOCATION! Welcome to desirable 2nd Avenue! Beautiful and spacious home on a large lot. Great neighborhood with fantastic schools. Easy access to shopping, dining, and freeways. Driveway has room for the RV and the boat! Call listing agent for appointments or inquiries.

Last Agent to Sell the Property

Ryan Christianson

The Sheridan Group License #01241733 Listed on: 12/08/2013

Last Buyer's Agent

Mary Zhou

IRN Realty License #01312369

IRN Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 0.29 Acre Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Lawn

Parking

  • 2 Car Garage

Interior Spaces

  • 3,644 Sq Ft Home
  • Family Room with Fireplace
  • Bonus Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 808
  • Assessor Parcel Number 5781012012

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5781012012
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3644.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 441.82
  • Room Type: Bonus Room, Family Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Lawn, Rectangular Lot, Level with Street, Lot 10000-19999 Sqft, Paved
  • Lot Size Sq Ft: 12819.00
  • Lot Size Acres: 0.2940

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12819.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 23
  • Tax Tract Number: 808

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2013
Closed on
Jan 16, 2014
Sold by
Terrones Rosalio Angel and Terrones Torri Jean
Bought by
Moy Stephen D and Moy Yu Qi Vickie
Seller's Agent
Ryan Christianson
The Sheridan Group
Buyer's Agent
Mary Zhou
IRN Realty
List Price
$1,849,000
Sold Price
$1,610,000
Premium/Discount to List
-$239,000
-12.93%
Current Estimated Value
$3,320,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,710,674
Avg. Annual Appreciation
6.26%
Original Mortgage
$1,288,000
Outstanding Balance
$971,997
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$2,348,677

Purchase Details

Closed on
Sep 16, 2004
Sold by
Mou John and Mou Christine
Bought by
Terrones Rosalio Angel and Terrones Torri Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2002
Sold by
Mou John and Mou Christine
Bought by
Mou John and Mou Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.43%

Purchase Details

Closed on
Apr 25, 2001
Sold by
Mou John and Mou Christine
Bought by
Mou John and Mou Christine

Purchase Details

Closed on
May 10, 1994
Sold by
American Svgs Bank Fa
Bought by
Mou John and Mou Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
8.3%

Purchase Details

Closed on
Dec 31, 1993
Sold by
N A Mtg Services Inc
Bought by
American Svgs Bank Fa and American Svgs Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moy Stephen D $1,610,000 Fidelity National Title Oran
Terrones Rosalio Angel $890,000 Stewart Title
Mou John -- South Coast Title
Mou John -- --
Mou John -- --
Mou John $375,000 Chicago Title Company
American Svgs Bank Fa $457,492 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moy Stephen D $1,288,000
Previous Owner Terrones Rosalio Angel $623,000
Previous Owner Mou John $300,700
Previous Owner Mou John $262,500
Closed Terrones Rosalio Angel $178,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2014 02/27/14 Sold $1,610,000 -5.2% $442 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
12/18/2013 12/18/13 Price Changed $1,699,000 -8.1% $466 / Sq Ft
12/08/2013 12/08/13 For Sale $1,849,000 -- $507 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $33,758 $3,075,947 $1,973,636 $1,102,311
2024 $33,758 $3,015,636 $1,934,938 $1,080,698
2023 $33,047 $2,956,507 $1,896,999 $1,059,508
2022 $31,945 $2,898,537 $1,859,803 $1,038,734
2021 $31,356 $2,841,704 $1,823,337 $1,018,367
2019 $30,584 $2,757,418 $1,769,256 $988,162
2018 $23,734 $2,167,963 $1,734,565 $433,398
2016 $18,950 $1,667,209 $1,173,053 $494,156
2015 $18,619 $1,642,167 $1,155,433 $486,734
2014 $11,706 $1,012,005 $636,199 $375,806
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13244808

California Regional Multiple Listing Service (CRMLS)

APN: 5781-012-012