NOT LISTED FOR SALE

1518 S 8th Ave Arcadia, CA 91006

Estimated Value: $2,575,517 - $3,005,000

5 Beds
5 Baths
4,239 Sq Ft
$656/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $2,245,000 $530 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $16,916/month

334 Days on Market

Highlights

  • Open Floorplan
  • Mountain View
  • Main Floor Bedroom
  • Camino Grove Elementary School Rated A
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of March 2022

This Beautiful house was Built in 2005, Feature of 4,239 sits on a 11,990 Sqft lot, has Total of 5 Bedrooms,4 Full Bathrooms and 1 Half Bath, This house has luxury designs, high two story ceilings , Travertine flooring welcome you into an open & bright floor plan with Large beautiful Living room, Dinning Room, Library … Main floor suite is convenient to the Large family room & wet bar. The kitchen feature Luxury appliances & custom designed cabinets, a center island and breakfast room, and a separate laundry room. The wrought iron staircase leads to the Three additional bedrooms on the upper level. It's located in Good school district with rewarded Arcadia schools. Close to School, Bank, Supermarket ,library, dining & shopping ,It is perfect suit for Modern lifestyle. Come and check out this sweet home. Don't miss it!.

Last Agent to Sell the Property

Henry Liu

Coldwell Banker Dynasty Arc. License #01378289 Listed on: 03/27/2021

Coldwell Banker Dynasty Arc.

Last Buyer's Agent

Henry Liu

Coldwell Banker Dynasty Arc. License #01378289 Listed on: 03/27/2021

Coldwell Banker Dynasty Arc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,041

Year Built

  • Built in 2005

Lot Details

  • 0.28 Acre Lot
  • Property is zoned ARR1YY

Parking

  • 3 Car Attached Garage

Home Design

  • Copper Plumbing
  • Stucco

Interior Spaces

  • 4,239 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Carpet
  • Mountain Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 5 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 53890
  • Assessor Parcel Number 5780025081

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,041

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: ARR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5780025081
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4239.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Copper Plumbing Full, Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 529.61
  • Room Type: Family Room, Living Room, Main Floor Bedroom
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Cooktop, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Arcadia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11991.00
  • Lot Size Acres: 0.2753

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11991.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4308.02
  • Tax Lot: 10
  • Tax Tract Number: 53890

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
Mar 10, 2022
Sold by
Jlatilang Lin
Bought by
Elalami Sami M and Elalami Nadia
Seller's Agent
Henry Liu
Coldwell Banker Dynasty Arc.
Buyer's Agent
Henry Liu
Coldwell Banker Dynasty Arc.
List Price
$2,270,000
Sold Price
$2,245,000
Premium/Discount to List
-$25,000
-1.1%
Current Estimated Value
$2,781,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,379
Avg. Annual Appreciation
6.22%
Original Mortgage
$1,796,000
Outstanding Balance
$1,676,714
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$1,104,665

Purchase Details

Listed on
Nov 21, 2014
Closed on
Dec 18, 2014
Sold by
Tang Chris Wei Chung and Chris Wei Chung Tang Trust
Bought by
Lin Jiaqiang and Lin Xingxing
Seller's Agent
Pauline Cheng
Re/Max Premier Prop Arcadia
Buyer's Agent
Henry Liu
Coldwell Banker Dynasty Arc.
List Price
$2,180,000
Sold Price
$2,120,000
Premium/Discount to List
-$60,000
-2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.80%

Purchase Details

Closed on
Oct 25, 2012
Sold by
Tang Chris Wei Chung and Tan Vivian Reen Jeh
Bought by
Tang Chris Wei Chung and The Chris Wei Chung Tang Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2011
Sold by
Tang Chris Wei Chung and Tan Vivian Reen Jeh
Bought by
Tang Chris Wei Chung and The Chris Wei Chung Tang Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2010
Sold by
Tang Chris Wei Chung and Tan Vivian Reen Jeh
Bought by
Tang Chris Wei Chung and Tan Vivian Reen Jeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2010
Sold by
Tang Chris Wei Chung and Tan Vivian Reen Jeh
Bought by
Tang Chris Wei Chung and Chris Wei Chung Tang Trust

Purchase Details

Closed on
Aug 8, 2007
Sold by
Lee Ta Jen and Drew Liana
Bought by
Tang Md Chris W and Tan Md Vivian R

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
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2005
Sold by
1432-1516 8Th Ave Llc
Bought by
Lee Ta Jen and Drew Liana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2004
Sold by
Polyco Llc
Bought by
1432-1516 8Th Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,890,000
Interest Rate
5.7%
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
Elalami Sami M $2,245,000 Corinthian Title
Lin Jiaqiang $2,120,000 Fidelity Title
Tang Chris Wei Chung -- Accommodation
Tang Chris Wei Chung -- Equity Title Company
Tang Chris Wei Chung -- Accommodation
Wei Chung Chris -- Equity Title Company
Tang Chris Wei Chung -- Accommodation
Tang Chris Wei Chung -- Equity Title Company
Tang Chris Wei Chung -- None Available
Tang Md Chris W $1,500,000 Fidelity National Title Co
Lee Ta Jen -- Fidelity National Title Comp
1432-1516 8Th Avenue Llc $837,500 Fidelity National Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elalami Sami M $1,796,000
Previous Owner Tang Chris Wei Chung $620,000
Previous Owner Wei Chung Chris $720,000
Previous Owner Tang Chris Wei Chung $980,000
Previous Owner Tang Md Chris W $1,200,000
Previous Owner Lee Ta Jen $937,500
Previous Owner 1432-1516 8Th Avenue Llc $1,890,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2022 03/28/22 Sold $2,245,000 -1.1% $530 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
03/27/2021 03/27/21 For Sale $2,270,000 0.0% $536 / Sq Ft
07/13/2015 07/13/15 Rented $4,800 -12.7% --
06/13/2015 06/13/15 Under Contract -- -- --
06/11/2015 06/11/15 For Rent $5,500 +5.8% --
04/08/2015 04/08/15 Rented $5,200 -5.5% --
04/08/2015 04/08/15 For Rent $5,500 0.0% --
02/02/2015 02/02/15 Sold $2,120,000 -2.8% $500 / Sq Ft View Prior Sale
12/04/2014 12/04/14 Pending -- -- --
11/21/2014 11/21/14 For Sale $2,180,000 -- $514 / 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 $26,041 $2,382,409 $1,502,457 $879,952
2024 $26,041 $2,335,697 $1,472,998 $862,699
2023 $25,493 $2,289,900 $1,444,116 $845,784
2022 $26,301 $2,400,956 $1,369,564 $1,031,392
2021 $25,819 $2,353,879 $1,342,710 $1,011,169
2019 $25,182 $2,284,064 $1,302,886 $981,178
2018 $24,558 $2,239,280 $1,277,340 $961,940
2016 $24,064 $2,152,329 $1,227,741 $924,588
2015 $18,386 $1,639,368 $875,205 $764,163
2014 -- $1,607,256 $858,061 $749,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21064385

California Regional Multiple Listing Service (CRMLS)

APN: 5780-025-081