NOT LISTED FOR SALE

2406 S 4th Ave Arcadia, CA 91006

Estimated Value: $1,833,000 - $2,312,632

3 Beds
3 Baths
1,995 Sq Ft
$1,024/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $1,180,000 $591 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $12,253/month

15 Days on Market

Highlights

  • Primary Bedroom Suite
  • No HOA
  • Laundry Room
  • Longley Way Elementary School Rated A+
  • Living Room
  • Central Heating and Cooling System

About This Home

As of May 2018

Nestled in Distinguished Arcadia School District. Charming Traditional Home with Huge Lot. Open Floor Plan Offers 3 Bedrooms and 3 Bathrooms.
Lot Size: 15,597 1Sq. Ft. (Per Profile – Combined 2 Parcels Lot). Bright Living Room Boast Fire Place, Crown Molding and Fresh Paint. Step-up Dining Room Combined with Living Room has Wood Flooring. Rustic Family Room Features Mid Century Wood Panel Wall and Handsome Brick Fireplace. Spacious Open Kitchen Offers Granite Countertops, Original Wood Cabinets, and Breakfast Area. High Ceiling Large Master Suite Highlights Wood Panel Wall and Ceiling, 2 Sliding Doors to Huge Back Yard, and Newly Updated Master Bathroom. Two Good Size Bedroom; One with Built-in Book Shelve. Newly Added Hallway Bathroom. Remodeled Bathroom has New Vanity and New Shower Stall. Newer Double Paned Windows. Covered Patio Extends Indoor Living to Outdoor Living; Great for Entertaining or Relaxing. Private Huge Back Yard Offers Various Fruit Trees and Tremendous Opportunity. Detached 2 Car Garage with Long Drive Way can Park Plenty of Cars. Convenient Location Close Shopping, Restaurants, Schools and Church. Perfect Lot to Build Your Dream House.

Last Agent to Sell the Property

Julia Zhao

Re/Max Elite Realty License #01411270 Listed on: 03/12/2018

Re/Max Elite Realty

Last Buyer's Agent

Stephen Eng

Universal Elite Realty License #01946974

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 0.36 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned ARR1YY

Parking

  • 2 Car Garage

Interior Spaces

  • 1,995 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 13217
  • Assessor Parcel Number 5790029005

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: ARR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5790029005
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1995.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 591.48
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Living Room, Master Suite

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 15597.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4308.03
  • Tax Lot: 21
  • Tax Tract Number: 13217

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
Apr 25, 2018
Sold by
Li James
Bought by
Zhao Yang and Xu Mengyu
Seller's Agent
Julia Zhao
Re/Max Elite Realty
Buyer's Agent
Stephen Eng
Universal Elite Realty
List Price
$1,198,000
Sold Price
$1,180,000
Premium/Discount to List
-$18,000
-1.5%
Current Estimated Value
$2,042,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$862,658
Avg. Annual Appreciation
7.43%
Original Mortgage
$400,000
Outstanding Balance
$343,993
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$1,698,665

Purchase Details

Closed on
Jun 5, 2009
Sold by
Leonard Nathan K and Leonard Family Revocable Trust
Bought by
Li James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2006
Sold by
Loenard N Jeffery and The Leonard Family Revocable T
Bought by
Leonard Nathan K and The Leonard Family 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
$599,000
Interest Rate
7.87%
Mortgage Type
Negative Amortization
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
Zhao Yang $1,180,000 Old Republic Title Company
Li James $805,000 Chicago Title Company
Leonard Nathan K -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Yang $400,000
Previous Owner Li James $400,000
Previous Owner Leonard Nathan K $599,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2018 05/01/18 Sold $1,180,000 -1.5% $591 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $1,198,000 0.0% $601 / Sq Ft
02/24/2017 02/24/17 Rented $3,200 0.0% --
02/02/2017 02/02/17 Price Changed $3,200 -8.6% $2 / Sq Ft
01/04/2017 01/04/17 For Rent $3,500 +22.8% --
09/07/2015 09/07/15 Rented $2,850 -5.0% --
06/03/2015 06/03/15 For Rent $3,000 -- --
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 $18,611 $1,669,893 $1,069,557 $600,336
2024 $18,611 $1,637,151 $1,048,586 $588,565
2023 $14,767 $1,285,031 $1,028,026 $257,005
2022 $14,194 $1,259,835 $1,007,869 $251,966
2021 $13,939 $1,235,133 $988,107 $247,026
2019 $13,602 $1,198,500 $958,800 $239,700
2018 $10,385 $907,564 $771,432 $136,132
2016 $10,140 $872,324 $741,477 $130,847
2015 $9,965 $859,222 $730,340 $128,882
2014 $9,831 $842,392 $716,034 $126,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18056829

California Regional Multiple Listing Service (CRMLS)

APN: 5790-029-005