NOT LISTED FOR SALE

2501 Florence Ave Arcadia, CA 91007

Estimated Value: $1,855,676 - $1,987,000

4 Beds
2 Baths
2,114 Sq Ft
$910/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $1,621,000 $767 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $11,803/month

6 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Granite Countertops
  • Longley Way Elementary School Rated A
  • Main Floor Bedroom
  • Private Yard

About This Home

As of July 2022

Welcome to this stunning Cape Cod-style property designed for entertaining! This spacious home sits on a quarter-acre lot in a serene Arcadia neighborhood. The pristine manicured front yard creates the ideal first impression. As you step inside, you are greeted by the gorgeous living room filled with an abundance of natural light featuring recessed lighting, and an alluring brick fireplace. The formal dining lies adjacent with its own classic iron chandelier and custom built-in cabinets. The extensively remodeled kitchen features sleek granite countertops, Thermador range, custom-cabinetry, walk-in pantry, and enclosed laundry area. The open-concept kitchen opens to the spacious family room with a warming fireplace surrounded by elegant porcelain tile. The oversized windows and sliding glass door bring the backyard views inside. Light radiates through this versatile space. All four bedrooms feature hardwood floors and provide generous living space. The newly remodeled master bath offers custom tile work, flooring, and a large vanity. The entertainer’s yard offers an expansive covered brick patio with fireplace, tree swing and lounging area to enjoy the serenity of the surrounding nature. Lush verdant grounds surrounded by towering privacy trees offer a private oasis with a flat grassy area, fruit trees, and barn-inspired children’s playhouse. As the sun sets, enjoy an evening cocktail by the built-in concrete fire pit with cobalt blue fire glass. The home is also equipped with a detached 2-car garage with plenty of storage space and comes pre-wired for an electric vehicle charging station. This exquisite house is located within the boundaries of Arcadia Unified School District’s award-winning schools.

Last Agent to Sell the Property

Stanley Guo

Conquest Realty License #01405527 Listed on: 06/02/2022

Last Buyer's Agent

FENG CHEN

Upworld Realty License #02062030

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,654

Year Built

  • Built in 1941

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 60 x 200
  • Landscaped
  • Rectangular Lot
  • Sprinklers on Timer
  • Private Yard
  • Garden
  • Back and Front Yard
  • Property is zoned ARR1*

Parking

  • 2 Car Garage
  • Parking Available
  • Garage Door Opener
  • Driveway

Home Design

  • Turnkey
  • Raised Foundation

Interior Spaces

  • 2,114 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Recessed Lighting
  • Track Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Storage

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Walk-In Pantry
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Range Hood
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Fireplace in Patio
  • Brick Porch or Patio
  • Fire Pit
  • Gazebo
  • Shed

Location

  • Suburban Location

Schools

  • Longley Way Elementary School
  • Dana Middle School
  • Arcadia High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Gas Water Heater
  • Water Softener
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 9610
  • Assessor Parcel Number 5787012025
  • $7,646 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,654

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: refrigerator
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System
  • View: No
  • Zoning: ARR1*
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5787012025
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2114.00 Square Feet
  • Interior Amenities: Built-in Features, Granite Counters, Pantry, Recessed Lighting, Storage, Track Lighting, Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Living Room, Patio, Gas, Fire Pit
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 766.79
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Office, Walk-In Pantry
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Granite Counters, Linen Closet/Storage, Remodeled, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Gazebo, Shed(s), Storage
  • Patio And Porch Features: Brick, Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Water Heater, Water Line to Refrigerator, Water Softener
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Arcadia Unified
  • Elementary School: Longley Way
  • Middle School: Dana
  • High School: Arcadia
  • Elementary School: Longley Way
  • High School: Arcadia
  • Middle Or Junior School: Dana
  • Elementary School #2: LONWAY
  • High School2: ARCADI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Rectangular Lot, Sprinkler System, Sprinklers Timer, Yard
  • Lot Size: 60 X 200
  • Lot Size Sq Ft: 11904.00
  • Lot Size Acres: 0.2733

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11904.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4316.00
  • Tax Lot: 15
  • Tax Tract Number: 9610
  • TaxOtherAnnualAssessmentAmount: 7646.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jun 24, 2022
Sold by
Nancy And Hans Gustafsson Family Trust
Bought by
Sun And Chen Family Trust
Seller's Agent
Stanley Guo
Conquest Realty
Buyer's Agent
FENG CHEN
Upworld Realty
List Price
$1,569,000
Sold Price
$1,621,000
Premium/Discount to List
$52,000
3.31%
Current Estimated Value
$1,923,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,419
Avg. Annual Appreciation
5.01%
Original Mortgage
$1,050,000
Outstanding Balance
$999,642
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$895,704

Purchase Details

Closed on
Jul 31, 2020
Sold by
Gustafsson Hans C and Gustafsson Nancy
Bought by
Gustafsson Hans Christian and Gustafsson Nancy

Purchase Details

Closed on
Nov 14, 2002
Sold by
Jackson Susan B
Bought by
Gustafsson Hans C and Gustafsson Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.06%

Purchase Details

Closed on
Apr 2, 1998
Sold by
Bridges Katherine A
Bought by
Bridges Katherine A and Jackson Susan B
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
Sun And Chen Family Trust $1,621,000 Western Resources Title
Gustafsson Hans Christian -- None Available
Gustafsson Hans C $490,000 Southland Title
Bridges Katherine A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun And Chen Family Trust $1,050,000
Previous Owner Gustafsson Hans C $500,000
Previous Owner Gustafsson Hans C $385,000
Previous Owner Gustafsson Hans C $400,000
Previous Owner Gustafson Hans C $417,000
Previous Owner Gustafsson Hans C $365,000
Previous Owner Gustafsson Hans C $199,999
Previous Owner Gustafsson Hans C $390,000
Previous Owner Gustafsson Hans Christian $25,000
Previous Owner Gustafsson Hans C $391,000
Previous Owner Gustafsson Hans C $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $1,621,000 +3.3% $767 / Sq Ft
06/09/2022 06/09/22 For Sale $1,569,000 0.0% $742 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $1,569,000 -- $742 / 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 $18,654 $1,686,487 $1,349,190 $337,297
2024 $18,654 $1,653,420 $1,322,736 $330,684
2023 $18,261 $1,621,000 $1,296,800 $324,200
2022 $7,792 $668,734 $519,436 $149,298
2021 $7,647 $655,622 $509,251 $146,371
2019 $8,181 $636,179 $494,148 $142,031
2018 $7,266 $623,706 $484,459 $139,247
2016 $7,064 $599,489 $465,648 $133,841
2015 $6,943 $590,485 $458,654 $131,831
2014 $6,852 $578,919 $449,670 $129,249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22118264

California Regional Multiple Listing Service (CRMLS)

APN: 5787-012-025