NOT LISTED FOR SALE

247 E Forest Ave Arcadia, CA 91006

Estimated Value: $1,259,826 - $1,456,000

3 Beds
3.5 Baths
1,400 Sq Ft
$958/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $950,000 $679 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $8,020/month

17 Days on Market

Highlights

  • Golf Course Community
  • Mountain View
  • No HOA
  • Highland Oaks Elementary School Rated A+
  • Lawn
  • Hiking Trails

About This Home

As of November 2020

The home is located in a quiet neighborhood in the prestigious Arcadia School District. This perfect starter home boasts an open floor plan, attention to detail with dentil crown molding, beautiful wood kitchen cabinets with granite countertops, newly refinished spacious back patio with mountain views for outdoor entertainment, a generously sized two-car garage with finished interiors, its own private half bathroom, air conditioning and extra laundry room, which can also be used as an activity room or artist studio, and finally a huge 8260 square foot backyard which can possibly allow for an additional 1200 square foot ADU in-law unit. This prime location home is within walking distance to the recently renovated Eisenhower Park & Little League Field, Metro Gold Line, grocery, restaurants, minutes away from the best hiking trails in the San Gabriel Valley, Arboretum & Botanical Garden, and conveniently located to Highland Oaks Elementary School, Foothill Middle School, and Arcadia High School. This is a fantastic opportunity to own a home in the much sought after Highland Oaks neighborhood.

Last Agent to Sell the Property

Diane Shi

Echain Realty License #01914089 Listed on: 10/15/2020

Last Buyer's Agent

BIN LIU

Wetrust Realty License #02060607

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 8,175 Sq Ft Lot
  • Landscaped
  • Lawn
  • Back and Front Yard
  • Property is zoned ARR1YY

Parking

  • 1 Open Parking Space
  • 2 Car Garage

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 12059
  • Assessor Parcel Number 5772020014

Community Details

Overview

  • No Home Owners Association
  • Foothills

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: ARR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5772020014
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1400.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 678.57
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Foothills, Golf, Hiking, Horse Trails, Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn
  • Lot Size Sq Ft: 8175.00
  • Lot Size Acres: 0.1877

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8175.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4304.00
  • Tax Lot: 15
  • Tax Tract Number: 12059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2025
Sold by
Ling Xiao Sharon
Bought by
Sharon Ling Xiao Family Trust and Xiao
Current Estimated Value
$1,341,457

Purchase Details

Listed on
Oct 15, 2020
Closed on
Nov 4, 2020
Sold by
Wei Hsiu Chih
Bought by
Xiao Sharon Ling
Seller's Agent
Diane Shi
Echain Realty
Buyer's Agent
BIN LIU
Wetrust Realty
List Price
$959,000
Sold Price
$950,000
Premium/Discount to List
-$9,000
-0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Aug 21, 2008
Sold by
Hua Henry and Hua Lily B
Bought by
Wei Hsiu Chih

Purchase Details

Closed on
Dec 24, 2007
Sold by
Li Wei
Bought by
Hua Henry and Hua Lily B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 1999
Sold by
Jing You Lan
Bought by
Li Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,600
Interest Rate
6.94%

Purchase Details

Closed on
Apr 1, 1999
Sold by
Foye Beth A and Foye Beth
Bought by
Li Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,600
Interest Rate
6.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sharon Ling Xiao Family Trust -- None Listed On Document
Xiao Sharon Ling $950,000 Provident Title
Wei Hsiu Chih $668,000 United General Title Ins Co
Hua Henry $550,000 First American Title Company
Li Wei -- First American Title Co
Li Wei $234,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hua Henry $385,000
Previous Owner Li Wei $187,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2020 11/16/20 Sold $950,000 -0.9% $679 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $959,000 -- $685 / 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 $11,643 $1,028,309 $822,648 $205,661
2024 $11,643 $1,008,147 $806,518 $201,629
2023 $11,401 $988,380 $790,704 $197,676
2022 $11,028 $969,000 $775,200 $193,800
2021 $10,832 $950,000 $760,000 $190,000
2020 $8,702 $786,559 $629,250 $157,309
2019 $8,596 $771,137 $616,912 $154,225
2018 $8,347 $756,017 $604,816 $151,201
2016 $8,424 $726,662 $581,331 $145,331
2015 $8,278 $715,747 $572,599 $143,148
2014 $8,164 $701,727 $561,383 $140,344
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Diane Shi

    Echain Realty

    Section Image

  • B

    Buyer's Agent in 2020

    BIN LIU

    Wetrust Realty

    (626) 593-7456

    6 in this area

    49 Total Sales

    BIN LIU
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20218219

California Regional Multiple Listing Service (CRMLS)

APN: 5772-020-014

California Los Angeles County Arcadia 91006

247 E Forest Ave, Arcadia, CA

Not Listed for Sale

Detached

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