NOT LISTED FOR SALE

2501 S 2nd Ave Arcadia, CA 91006

Estimated Value: $1,652,000 - $2,875,000

3 Beds
2 Baths
1,715 Sq Ft
$1,453/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $1,055,000 $615 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $15,298/month

55 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Landscaped
  • Longley Way Elementary School Rated A+
  • Fireplace
  • Central Air

About This Home

As of March 2016

Attention contractors & investors!! Unique opportunity seldom found in Arcadia to build your dream home!! Land value only. Excellent Neighborhood. Surround by Millions houses! Wider frontage! 75 X 120. Utilities are available. The architectural plan is in city approval process. The architectural plan includes 4 bedrooms, 4.5 baths, 2-car garage, 4,250 sq.ft approximately. The sellers will help you handle city application process to final permit, only plus $25,000 extra charge.

Beautiful one Story Home in land is available for tear down. It’s 3 bedrooms 2 bath, Spacious living room with fire place and hard wood floors, a lot of upgraded. Double pane windows throughout the home. The house is in nice condition for rental if you plan to build dream home in future. The current rent is $2,500 with monthly lease agreement.

Save your time, money and headrace! If you plan to build your dream home in Arcadia by yourself, don’t miss this great opportunity!

Last Agent to Sell the Property

Ken Fang

1000 Realty Corporation License #01236393 Listed on: 07/28/2015

Last Buyer's Agent

Ken Fang

1000 Realty Corporation License #01236393 Listed on: 07/28/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 8,983 Sq Ft Lot
  • Landscaped

Parking

  • 2 Car Garage

Interior Spaces

  • 1,715 Sq Ft Home
  • Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 9995
  • Assessor Parcel Number 5789019043

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

8,983 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5789019043
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1715.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 615.16
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 8983.00
  • Price Per Lot Square Foot: 117.44
  • Lot Size Acres: 0.2060

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8983.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 9995

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2015
Sold by
Nucasa Second Llc
Bought by
Lam Kelly and Li Lisheng
Current Estimated Value
$2,492,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.72%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Sep 4, 2013
Closed on
Oct 22, 2013
Sold by
Liaw Fong Ching
Bought by
Nucasa Second Llc
Seller's Agent
Nancy Liu
COLDWELL BANKER DYNASTY/ARC
Buyer's Agent
Margaret Lee
Coldwell Banker Dynasty Arc.
List Price
$878,000
Sold Price
$900,000
Premium/Discount to List
$22,000
2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%

Purchase Details

Closed on
Dec 1, 2010
Sold by
Liaw Fong Ching
Bought by
Liaw Fong Ching

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 1997
Sold by
Chen Kuo Chang
Bought by
Liaw Fong Ching

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
7.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lam Kelly $1,055,000 Title 365
Nucasa Second Llc $900,000 Title 365
Liaw Fong Ching -- North American Title Co Inc
Liaw Fong Ching $280,000 Title Land Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lam Kelly $300,000
Previous Owner Liaw Fong Ching $417,000
Previous Owner Liaw Fong Ching $214,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2016 03/18/16 Sold $1,055,000 -3.9% $615 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $1,098,000 +22.0% $640 / Sq Ft
11/07/2013 11/07/13 Sold $900,000 +2.5% $563 / Sq Ft View Prior Sale
09/08/2013 09/08/13 Pending -- -- --
09/04/2013 09/04/13 For Sale $878,000 -- $549 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $24,851 $2,251,887 $1,248,903 $1,002,984
2024 $24,851 $2,207,733 $1,224,415 $983,318
2023 $24,329 $2,164,445 $1,200,407 $964,038
2022 $23,569 $2,122,006 $1,176,870 $945,136
2021 $23,085 $2,080,399 $1,153,795 $926,604
2019 $22,519 $2,018,695 $1,119,574 $899,121
2018 $21,995 $1,979,114 $1,097,622 $881,492
2016 $10,767 $931,979 $745,584 $186,395
2015 $10,580 $917,981 $734,385 $183,596
2014 -- $900,000 $720,000 $180,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15165707

California Regional Multiple Listing Service (CRMLS)

APN: 5789-019-043

Your Personal Tour Guide

Ask me questions while you tour the home.