NOT LISTED FOR SALE

262 W Palm Dr Arcadia, CA 91007

Estimated Value: $3,057,000 - $3,817,000

6 Beds
7 Baths
5,280 Sq Ft
$662/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $2,180,000 $413 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $20,988/month

Highlights

  • Attached Guest House
  • Wood Flooring
  • Breakfast Area or Nook
  • Longley Way Elementary School Rated A
  • Granite Countertops
  • Double Door Entry

About This Home

As of November 2015

New Price! New Look! This turnkey Arcadia property consists of 5 bedrooms in the main house, and an additional bedroom, kitchen and bath in the guest house. A spacious entry leads to a large family room complete with a custom fireplace and built-ins. The expansive gourmet kitchen includes granite countertops, a large island with sink and a well-lit breakfast nook. Three bedrooms and baths are located on the main floor. An additional bedroom plus a massive Master Suite with double baths and walk-in closets make up the second level. New carpets, refurbished hardwood floors and new paint throughout make this a must see.

Last Agent to Sell the Property

Stan Stratos

Berkshire Hathaway Home Servic License #01903745 Listed on: 10/19/2015

Berkshire Hathaway Home Servic

Co-Listed By

John Duguid

Berkshire Hathaway Home Servic License #01191169

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,504

Year Built

  • Built in 1950

Lot Details

  • 0.48 Acre Lot
  • Sprinklers on Timer
  • Property is zoned ARR112500*

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Parking Available

Interior Spaces

  • 5,280 Sq Ft Home
  • Double Door Entry
  • French Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Granite Bathroom Countertops
  • Makeup or Vanity Space

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Homes

  • Attached Guest House

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5787018010

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,504

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: ARR112500*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5787018010
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5280.00
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 7
  • Three Quarter Bathrooms: 5
  • Total Bedrooms: 6
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 412.88
  • Room Type: Kitchen
  • Bathroom Features: Granite Counters, Vanity Area
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Other Structures: Guest House Attached

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Heating Type: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 20910.00
  • Lot Size Acres: 0.4800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20910.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2015
Closed on
Nov 6, 2015
Sold by
Justin Jeffrey R
Bought by
Xu Qiang and Yu Dongran
Seller's Agent
Stan Stratos
Berkshire Hathaway Home Servic
List Price
$2,180,000
Sold Price
$2,180,000
Current Estimated Value
$3,493,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,313,465
Avg. Annual Appreciation
4.63%

Purchase Details

Closed on
Apr 15, 2002
Sold by
Justin Frank R and The Frank R Justin Trust
Bought by
Justin Jeffrey R

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
6.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 28, 1994
Sold by
Justin Frank R
Bought by
Justin Frank R
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
Xu Qiang $2,180,000 Lawyers Title
Justin Jeffrey R $400,000 --
Justin Jeffrey R -- --
Justin Frank R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Qiang $900,000
Previous Owner Justin Jeffrey R $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $2,180,000 0.0% $413 / Sq Ft
11/03/2015 11/03/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $2,180,000 -- $413 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $28,504 $2,580,671 $1,811,206 $769,465
2024 $28,504 $2,530,071 $1,775,693 $754,378
2023 $27,907 $2,480,463 $1,740,876 $739,587
2022 $26,982 $2,431,828 $1,706,742 $725,086
2021 $26,489 $2,384,146 $1,673,277 $710,869
2019 $25,841 $2,313,433 $1,623,648 $689,785
2018 $25,110 $2,268,072 $1,591,812 $676,260
2016 $24,602 $2,180,000 $1,530,000 $650,000
2015 $4,371 $337,211 $50,773 $286,438
2014 $4,328 $330,607 $49,779 $280,828
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315010424

Pasadena-Foothills Association of REALTORS®

APN: 5787-018-010