NOT LISTED FOR SALE

309 E Lemon Ave Arcadia, CA 91006

Estimated Value: $1,413,000 - $1,529,541

3 Beds
1 Bath
1,097 Sq Ft
$1,334/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $1,380,000 $1,258 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,808/month

9 Days on Market

Highlights

  • Open Floorplan
  • Quartz Countertops
  • No HOA
  • Camino Grove Elementary School Rated A
  • Private Yard
  • 5-minute walk to Tierra Verde Park

About This Home

As of July 2024

Welcome to your new home in the heart of one of Arcadia's most desirable and peaceful neighborhoods! This charming residence boasts a highly sought-after south-facing orientation, filling the home with abundant natural light and a refreshing airy atmosphere. Step inside to discover an open floor plan that seamlessly connects the living, dining, and kitchen areas, creating a perfect space for entertaining and family gatherings. The home is ready for you to move in and make it your own, with a solid structure and a layout that offers endless possibilities for customization and personal touches. Situated within the renowned Arcadia School District, this property not only provides access to excellent education but is also nestled in a neighborhood with immense potential for future growth. The lot is of a popular and regular shape, making it ideal for potential redevelopment. Whether you envision expanding the main house or adding an Accessory Dwelling Unit (ADU) in the back, the possibilities are endless. Surrounding this property are multi-million dollar homes, highlighting the high value and desirability of the area. Additional features include a two-car garage and a yard size perfect for various outdoor activities. This property represents the most affordable opportunity to invest in an area with significant upside potential. Don’t miss out on this rare chance to own a property in one of Arcadia's soaring neighborhoods with great potential for development and investment. Schedule a viewing today and make this lovely home yours!

Last Agent to Sell the Property

Rhea Bai

RE/MAX PREMIER/ARCADIA Brokerage Phone: 626-589-7958 License #01360246 Listed on: 06/15/2024

RE/MAX PREMIER/ARCADIA

Last Buyer's Agent

Kary Kang

Yingji Kang License #01842190

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 9,377 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Brick Fence
  • Fence is in good condition
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Density is up to 1 Unit/Acre
  • Property is zoned ARR1YY

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Driveway Level

Home Design

  • Bungalow
  • Entry on the 1st floor
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,097 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Window Screens
  • Living Room with Fireplace
  • Laminate Flooring
  • Neighborhood Views
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 14665
  • Assessor Parcel Number 5790014014
  • $658 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: ARR1YY
  • Architectural Style: Bungalow, Ranch
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5790014014
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1097.00 Square Feet
  • Interior Amenities: Open Floorplan, Quartz Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1257.98
  • Room Type: All Bedrooms Down
  • Window Features: Screens

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Brick, Good Condition, Wood
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Concrete

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Paved, Driveway Level, Garage, Garage Faces Front, On Site, Private, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Landscaped, Lawn, Lot 6500-9999, Rectangular Lot, Level, Walkstreet, Yard
  • Lot Size Sq Ft: 9377.00
  • Lot Size Acres: 0.2153
  • Latitude Manual: 34.11952200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9377.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4308.03
  • Tax Lot: 17
  • Tax Tract Number: 14665
  • TaxOtherAnnualAssessmentAmount: 658.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2024
Closed on
Jul 1, 2024
Sold by
Zhao Kathy Tong and Zhao Heru
Bought by
309 Lemon Llc
Seller's Agent
Rhea Bai
RE/MAX PREMIER/ARCADIA
Buyer's Agent
Kary Kang
Yingji Kang
List Price
$938,000
Sold Price
$1,380,000
Premium/Discount to List
$442,000
47.12%
Views
49
Current Estimated Value
$1,462,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,885
Avg. Annual Appreciation
4.10%

Purchase Details

Closed on
Feb 16, 2018
Sold by
Enkai Investment Llc
Bought by
Zhao Kathy Tong and Zhao Heru

Purchase Details

Closed on
Feb 15, 2018
Sold by
Zhao Ai Yan
Bought by
Zhao Heru

Purchase Details

Closed on
Feb 13, 2018
Sold by
Zhao Yanna
Bought by
Huang Shao Huan

Purchase Details

Listed on
Sep 30, 2017
Closed on
Oct 10, 2017
Sold by
Wild Barbara S
Bought by
Enkal Investment Llc
Seller's Agent
Kathleen Mueller
MUELLER REALTY
Buyer's Agent
Robert Huang
DYNASTY REAL ESTATE
List Price
$980,000
Sold Price
$998,000
Premium/Discount to List
$18,000
1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%

Purchase Details

Closed on
Oct 14, 2011
Sold by
Shuster Ingeborg
Bought by
Shuster Ingeborg A and Ingeborg A Shuster 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
309 Lemon Llc $1,380,000 Wfg National Title
Zhao Kathy Tong $1,060,000 Provident Title Company
Zhao Heru -- Provident Title Company
Huang Shao Huan -- Provident Title Company
Enkal Investment Llc $998,000 Provident Title Company
Shuster Ingeborg A -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2024 07/08/24 Sold $1,380,000 +47.1% $1,258 / Sq Ft
06/15/2024 06/15/24 For Sale $938,000 -6.0% $855 / Sq Ft
10/20/2017 10/20/17 Sold $998,000 +1.8% $910 / Sq Ft View Prior Sale
10/06/2017 10/06/17 Pending -- -- --
09/30/2017 09/30/17 For Sale $980,000 -- $893 / 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 $13,454 $1,380,000 $1,100,000 $280,000
2024 $13,454 $1,182,446 $945,958 $236,488
2023 $13,171 $1,159,261 $927,410 $231,851
2022 $12,737 $1,136,531 $909,226 $227,305
2021 $12,513 $1,114,248 $891,399 $222,849
2019 $12,209 $1,081,200 $864,960 $216,240
2018 $11,278 $998,000 $798,400 $199,600
2016 $1,167 $67,052 $40,568 $26,484
2015 $1,199 $66,046 $39,959 $26,087
2014 $1,146 $64,753 $39,177 $25,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24117657

California Regional Multiple Listing Service (CRMLS)

APN: 5790-014-014