NOT LISTED FOR SALE

2401 Lee Ave Arcadia, CA 91006

Estimated Value: $1,553,776 - $1,786,000

3 Beds
2 Baths
1,762 Sq Ft
$951/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $1,385,000 $786 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $10,254/month

120 Days on Market

Highlights

  • Lawn
  • No HOA
  • Laundry Room
  • Longley Way Elementary School Rated A
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of October 2022

Lovely and well maintained house, located in a quiet tree lined street, interior of 1762 SF plus 230 SF permitted enclosed patio for a total of 1992 SF of luxury living, bright and airy 3 bedrooms, 2 bathrooms, attached two-car garage; plumbing, windows and electrical upgraded in 2013, and the master bathroom remodeled in 2018, gourmet kitchen with high-end appliances, stunning custom cabinetry, stone countertops with striking glass backsplash, beautiful landscaping, close to library, park, shopping, restaurants, bus line, ARCADIA SCHOOLS, A must see.

Last Agent to Sell the Property

Ying Jiang

CA REAL ESTATE AND FINANCE INC License #01870076 Listed on: 05/21/2022

Last Buyer's Agent

LEI SUN

Real Brokerage Technologies License #02134789

Real Brokerage Technologies

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,060

Year Built

  • Built in 1961

Lot Details

  • 7,494 Sq Ft Lot
  • Lawn
  • Property is zoned ARR1YY

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,762 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 19065
  • Assessor Parcel Number 5789029009
  • $742 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,060

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: ARR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5789029009
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1762.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 786.04
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Arcadia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 7494.00
  • Lot Size Acres: 0.1720

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7494.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4308.03
  • Tax Lot: 2
  • Tax Tract Number: 19065
  • TaxOtherAnnualAssessmentAmount: 742.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Sep 13, 2022
Sold by
Pai Yi-Lin and Pai Yu-Yen
Bought by
Li Zhenglu and Ma Jing
Seller's Agent
Ying Jiang
CA REAL ESTATE AND FINANCE INC
Buyer's Agent
LEI SUN
Real Brokerage Technologies
List Price
$1,390,000
Sold Price
$1,385,000
Premium/Discount to List
-$5,000
-0.36%
Views
7
Current Estimated Value
$1,675,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,194
Avg. Annual Appreciation
6.55%
Original Mortgage
$1,024,000
Outstanding Balance
$975,338
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$699,856

Purchase Details

Closed on
Jun 26, 2018
Sold by
Tseng William
Bought by
Pai Yi Lin and Chen Yu Yen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$767,000
Interest Rate
4.63%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 26, 2015
Sold by
Tseng William
Bought by
Tseng William and Lee Lily

Purchase Details

Listed on
Aug 9, 2013
Closed on
Aug 22, 2013
Sold by
Costley Corinne
Bought by
Tseng William and Lee Lily
Seller's Agent
Trisha Perez
Keller Williams Exclusive Properties
Buyer's Agent
Trisha Perez
Century 21 Hilltop
List Price
$962,000
Sold Price
$962,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Source: Public Records

Range of Values:

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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
Li Zhenglu $1,385,000 Old Republic Title
Pai Yi Lin $1,180,000 Old Republic Title Company
Tseng William -- Equity Title
Tseng William $962,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Zhenglu $1,024,000
Previous Owner Pai Yi Lin $767,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2022 10/07/22 Sold $1,385,000 0.0% $786 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/10/2022 09/10/22 Off Market $1,385,000 -- --
09/08/2022 09/08/22 Price Changed $1,390,000 0.0% $789 / Sq Ft
09/08/2022 09/08/22 For Sale $1,390,000 +0.4% $789 / Sq Ft
09/04/2022 09/04/22 Off Market $1,385,000 -- --
08/28/2022 08/28/22 For Sale $1,450,000 +4.7% $823 / Sq Ft
08/16/2022 08/16/22 Off Market $1,385,000 -- --
05/21/2022 05/21/22 For Sale $1,450,000 +22.9% $823 / Sq Ft
08/28/2018 08/28/18 Sold $1,180,000 0.0% $592 / Sq Ft View Prior Sale
06/26/2018 06/26/18 Pending -- -- --
06/25/2018 06/25/18 Off Market $1,180,000 -- --
06/12/2018 06/12/18 For Sale $998,000 +3.7% $501 / Sq Ft
08/29/2013 08/29/13 Sold $962,000 0.0% $546 / Sq Ft View Prior Sale
08/10/2013 08/10/13 For Sale $962,000 -- $546 / 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 $16,060 $1,440,953 $1,152,763 $288,190
2024 $16,060 $1,412,700 $1,130,160 $282,540
2023 $15,723 $1,385,000 $1,108,000 $277,000
2022 $13,954 $1,240,390 $954,680 $285,710
2021 $13,703 $1,216,069 $935,961 $280,108
2019 $13,371 $1,180,000 $908,200 $271,800
2018 $11,734 $1,042,201 $829,673 $212,528
2016 $11,467 $1,001,732 $797,456 $204,276
2015 $11,263 $986,319 $784,976 $201,343
2014 -- $962,000 $769,600 $192,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22108156

California Regional Multiple Listing Service (CRMLS)

APN: 5789-029-009