NOT LISTED FOR SALE

260 Walnut Ave Arcadia, CA 91007

Estimated Value: $2,293,095 - $2,610,000

1 Bed
2 Baths
1,605 Sq Ft
$1,565/Sq Ft Est. Value

Last Sold March 06, 2024

Last sale price $2,450,000 $1,526 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $14,110/month

137 Days on Market

Highlights

  • Active Adult
  • Contemporary Architecture
  • Den with Fireplace
  • 0.61 Acre Lot
  • No HOA
  • Living Room

About This Home

As of March 2024

This is a rare opportunity for developer, investor or homeowner to design and build their dream home on this lot (100x264). Please check with city building department on allowable building size and other related uses. This property is in the award winning Baldwin Stocker school district. It contains one house with one bedroom, den with a fireplace, two baths, living room, dining area, kitchen and a garage converted room without permit. The house currently is rented on a month to month basis. This property primarily to be sold for land value only. Seller reserves all the services.

Last Agent to Sell the Property

PAO HUANG

IRN REALTY License #01016296 Listed on: 09/15/2023

IRN REALTY

Last Buyer's Agent

Sunny Lee

Sunshine International Inv., Inc. License #01852431

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.61 Acre Lot
  • Back Yard
  • Property is zoned ARR0YY

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,605 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room
  • Den with Fireplace

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Schools

  • Baldwin Stocker Elementary School
  • First Avenue Middle School
  • Arcadia High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Active Adult
  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 12630
  • Assessor Parcel Number 5787005013
  • $857 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Zoning: ARR0YY
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5787005013
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1605.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Entry Level: 1
  • Fireplace Features: Den
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1526.48
  • Room Type: All Bedrooms Down, Den, Kitchen, Living Room
  • Window Features: Blinds

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes
  • Community Features: Curbs

Schools

  • Elementary School: Baldwin Stocker
  • High School: Arcadia
  • Middle Or Junior School: First Avenue
  • Elementary School #2: BALSTO
  • High School2: ARCADI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 26529.00
  • Lot Size Acres: 0.6090
  • Latitude Manual: 34.11269800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 26529.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4316.00
  • Tax Lot: 35
  • Tax Tract Number: 12630
  • TaxOtherAnnualAssessmentAmount: 857.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Feb 7, 2024
Sold by
Chun-Ling Un Revocable Trust
Bought by
Huang Cuimei
Seller's Agent
PAO HUANG
IRN REALTY
Buyer's Agent
Sunny Lee
Sunshine International Inv., Inc.
List Price
$2,980,000
Sold Price
$2,450,000
Premium/Discount to List
-$530,000
-17.79%
Views
90
Current Estimated Value
$2,511,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,024
Avg. Annual Appreciation
1.38%
Original Mortgage
$735,000
Outstanding Balance
$723,148
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$1,787,876

Purchase Details

Closed on
Jun 6, 1999
Sold by
Lin Chun Ling
Bought by
Lin Chun Ling and Chun Ling Lin Revocable Trust
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
Huang Cuimei $2,450,000 Chicago Title
Lin Chun Ling -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Cuimei $735,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2024 03/06/24 Sold $2,450,000 -17.8% $1,526 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
09/15/2023 09/15/23 For Sale $2,980,000 -- $1,857 / 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 $11,445 $2,499,000 $2,266,440 $232,560
2024 $11,445 $977,302 $871,257 $106,045
2023 $11,210 $958,140 $854,174 $103,966
2022 $10,847 $939,354 $837,426 $101,928
2021 $10,653 $920,936 $821,006 $99,930
2019 $10,401 $893,622 $796,655 $96,967
2018 $10,058 $876,101 $781,035 $95,066
2016 $9,822 $842,082 $750,707 $91,375
2015 $9,653 $829,434 $739,431 $90,003
2014 $9,530 $813,187 $724,947 $88,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS23166299

California Regional Multiple Listing Service (CRMLS)

APN: 5787-005-013