NOT LISTED FOR SALE

306 S 1st Ave Unit 101 Arcadia, CA 91006

Estimated Value: $897,000 - $1,252,000

3 Beds
3 Baths
2,000 Sq Ft
$300/mo HOA Fee

Last Sold July 25, 2013

Last sale price $590,000 $295 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $7,094/month

Highlights

  • Mountain View
  • Holly Avenue Elementary School Rated A
  • Central Air

About This Home

As of October 2013

Price Reduction Arcadia School District - Move in ready - Must see this one of a kind / unique property conveniently located within walking distance to Shops, Banks, Restaurants (Boiling Point, and other well known restaurants along Huntington Drive) and Schools (1st Ave and Arcadia High School). Ample parking spaces available in a private basement.


This is a Mixed-use property consists of commercial building on the ground floor, while residential units on the 2nd and 3rd floor. New paint and upgrade throughout.

Last Agent to Rent the Property

Deter Lam

IRN Realty License #01274687 Listed on: 08/08/2013

IRN Realty

Last Renter's Agent

Jackson Chen

IRN Realty License #01707266

IRN Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,376

Year Built

  • Built in 2007

Lot Details

  • 1 Common Wall
  • Density is 16-20 Units/Acre

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Mountain
  • Hills
  • Neighborhood

Interior Spaces

  • 2,000 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Septic Type Unknown

Community Details

  • 8 Units

Listing and Financial Details

  • Security Deposit $4,000
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Tax Lot 8
  • Tax Tract Number 66551
  • Assessor Parcel Number 5779002103

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,376

Year Built

Built in 2007

Lot Details

0

HOA Fees

$300 per month

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Credit Check Paid By: Tenant
  • Deposit Key: 30
  • Deposit Security: 4000
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Inclusions: Stove / Oven
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5779002103
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2000.00
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1.25
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Hills, Mountain(s), Neighborhood
  • 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: Yes
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 21553.00
  • Lot Size Acres: 0.4950

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 21553.0000 Square Feet
  • Number Of Units In Community: 8
  • Number Of Units Total: 8
  • Rent Includes: Association Dues

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 66551

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2013
Closed on
Jul 23, 2013
Sold by
Everwin Investment Inc
Bought by
Huang Wenxian
Seller's Agent
Ken Fang
1000 Realty Corporation
Buyer's Agent
Deter Lam
IRN Realty
List Price
$599,900
Sold Price
$590,000
Premium/Discount to List
-$9,900
-1.65%
Current Estimated Value
$1,118,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,623
Avg. Annual Appreciation
5.43%
Original Mortgage
$354,000
Interest Rate
3.98%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 8, 2008
Sold by
Tzou Jerry
Bought by
Everwin Investment Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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
Huang Wenxian $590,000 Lawyers Title Company
Everwin Investment Inc $2,562,500 Ticor Title Co Glendale
Tzou Jerry $512,500 Fidelity National Title Co
Tzou Jerry -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Wenxian $340,000
Closed Huang Wenxian $354,000
Previous Owner Everwin Investment Inc $1,280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2013 10/09/13 Rented $2,500 -24.2% --
10/07/2013 10/07/13 Under Contract -- -- --
08/08/2013 08/08/13 For Rent $3,300 0.0% --
07/25/2013 07/25/13 Sold $590,000 -1.7% $295 / Sq Ft
05/29/2013 05/29/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $599,900 -- $300 / 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 $8,376 $723,247 $435,175 $288,072
2024 $8,376 $709,067 $426,643 $282,424
2023 $8,204 $695,165 $418,278 $276,887
2022 $7,938 $681,535 $410,077 $271,458
2021 $7,790 $668,173 $402,037 $266,136
2019 $7,605 $648,357 $390,113 $258,244
2018 $7,432 $635,645 $382,464 $253,181
2016 $7,230 $610,963 $367,613 $243,350
2015 $7,106 $601,787 $362,092 $239,695
2014 $7,009 $590,000 $355,000 $235,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13159181

California Regional Multiple Listing Service (CRMLS)

APN: 5779-002-103