Seller's Agent in 2017
Esther Lee
Young Lee Real Estate Co.
(562) 882-8182
18 Total Sales
18500 Arline Ave Artesia, CA 90701
Estimated Value: $1,780,000 - $2,655,996
12
Beds
12
Baths
5,456
Sq Ft
$396/Sq Ft
Est. Value
Highlights
- Granite Countertops
- 8 Car Direct Access Garage
- Built-In Features
- Elliott Elementary School Rated A
- Double Pane Windows
- Recessed Lighting
About This Home
As of November 2017FANTASTIC OPPORTUNITY TO OWN NEWER BUILT 4-UNITS IN THE HEART OF ARTESIA ... BUILT IN 2001, (2) SEPERATE BUILDINGS WITH 2-UNITS EACH ... ALL UNITS ARE MODERN 2-STORY TOWNHOME STYLE WITH 3 BEDROOMS + LOFT, 2.5 BATHS, MASTER BATH, ATTACHED 2 CAR GARAGE W/LAUNDRY HOOKUPS, TILED FLOOR MAIN LEVEL, WOOD FLOOR STAIRS & ALL BEDROOMS, DUAL PANE WINDOWS, CENTRAL A/C & HEATING, TILE ROOF ... ALL GOOD-SIZED UNITS APPROX. 1,600SF (#A), 1,400SF (#B), 1,250SF (#C, #D) ... UNIT #A- LARGEST FLOOR PLAN INCLUDES NEWER KITCHEN, MASTER BATH WITH SEPARATE TUB & SHOWER ... ABC SCHOOL DISTRICT, CLOSE TO CERRITOS LIBRARY, CERRITOS MALL, SHOPS, RESTAURANTS, ETC ... DON'T MISS OUT, WONT LAST LONG!!!
Last Agent to Sell the Property
Young Lee Real Estate Co. License #01303218 Listed on: 05/08/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,675
Year Built
- Built in 2001 | Remodeled
Lot Details
- 7,325 Sq Ft Lot
- 1 Common Wall
- Wrought Iron Fence
- Front Yard
Parking
- 8 Car Direct Access Garage
- Parking Available
Home Design
- Quadruplex
- Slab Foundation
- Tile Roof
- Stucco
Interior Spaces
- 5,456 Sq Ft Home
- Built-In Features
- Recessed Lighting
- Double Pane Windows
Kitchen
- Gas Range
- Dishwasher
- Granite Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 12 Bedrooms
- All Upper Level Bedrooms
- 12 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas, sewer, telephone
- Tax Lot 14
- Assessor Parcel Number 7040016013
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,140
- Insurance Expense $2,400
- Trash Expense $2,000
- Water Sewer Expense $4,320
- New Taxes Expense $20,350
- Operating Expense $33,598
- Gross Income $66,000
- Net Operating Income $79,202
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 12, 2019
Sold by
Yang Stephen and Yang Janet
Bought by
Arline Artesia Llc
Current Estimated Value
Purchase Details
Listed on
May 8, 2017
Closed on
Oct 16, 2017
Sold by
Park Sang Joon and Park Un Hee
Bought by
Yang Stephen and Yang Janet
Seller's Agent
Esther Lee
Young Lee Real Estate Co.
Buyer's Agent
Thomas Ngo
GOLDEN CITY REALTY/RH
List Price
$1,850,000
Sold Price
$1,750,000
Premium/Discount to List
-$100,000
-5.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.73%
Original Mortgage
$815,000
Interest Rate
3.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 15, 2004
Sold by
Pan Wei Wan and The Wei Wan Pan Revocable Trus
Bought by
Park Sang Joon and Park Un Hee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$866,250
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 27, 2003
Sold by
Pan Wei Wan
Bought by
Pan Wei Wan and Wei Wan Pan Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,100
Interest Rate
5.71%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 29, 2002
Sold by
Lau Kwok Woon
Bought by
Pan Wei Wan
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
6.29%
Purchase Details
Closed on
Jun 17, 1996
Sold by
Commonwealth Pacific International Inc
Bought by
Lau Kwok Woon
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arline Artesia Llc | -- | None Available | |
| Yang Stephen | $1,750,000 | Provident Title Company | |
| Park Sang Joon | $1,400,000 | Security Union Title | |
| Pan Wei Wan | -- | -- | |
| Pan Wei Wan | $600,000 | Commonwealth Land Title | |
| Lau Kwok Woon | $138,000 | Landsafe Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Yang Stephen | $815,000 | |
| Previous Owner | Park Sang Joon | $100,000 | |
| Previous Owner | Park Sang Joon | $866,250 | |
| Previous Owner | Pan Wei W | $297,100 | |
| Previous Owner | Pan Wei Wan | $300,700 | |
| Previous Owner | Lau Kwok Woon | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2017 11/22/17 | Sold | $1,750,000 | -5.4% | $321 / Sq Ft |
| 10/12/2017 10/12/17 | Pending | -- | -- | -- |
| 05/08/2017 05/08/17 | For Sale | $1,850,000 | -- | $339 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $23,675 | $1,991,196 | $1,194,718 | $796,478 |
| 2024 | $23,675 | $1,952,154 | $1,171,293 | $780,861 |
| 2023 | $22,894 | $1,913,877 | $1,148,327 | $765,550 |
| 2022 | $22,554 | $1,876,351 | $1,125,811 | $750,540 |
| 2021 | $22,016 | $1,839,561 | $1,103,737 | $735,824 |
| 2020 | $21,839 | $1,820,700 | $1,092,420 | $728,280 |
| 2019 | $21,514 | $1,785,000 | $1,071,000 | $714,000 |
| 2018 | $20,057 | $1,750,000 | $1,050,000 | $700,000 |
| 2017 | $19,229 | $1,681,457 | $516,445 | $1,165,012 |
| 2016 | $18,836 | $1,648,488 | $506,319 | $1,142,169 |
| 2015 | $18,708 | $1,623,727 | $498,714 | $1,125,013 |
| 2014 | $18,486 | $1,591,921 | $488,945 | $1,102,976 |
Source: Public Records
Agents Affiliated with this Home
-
Esther Lee
-
Thomas Ngo
T
Buyer's Agent in 2017
Thomas Ngo
GOLDEN CITY REALTY/RH
(626) 417-8957
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW17081780
APN: 7040-016-013
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