$775,000
SOLD AUG 9, 2021

321 Laurel Ave Arcadia, CA 91006

2 Beds
1 Bath
1,032 Sq Ft
6,231 Sq Ft Lot

Recently Sold

$751 Per Sq Ft

6% Above List Price

8 Days on Market

Highlights

  • Mountain View
  • Property is near public transit
  • Private Yard
  • Highland Oaks Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of December 2022

Located in North Arcadia on a beautiful treelined street. In close proximity to the newly renovated Eisenhower Memorial Park. The property is walking distance to shopping centers, schools and transportation. The property is in need for major repairs being sold for land value only. Lot size is 6,231 SqFt, house is 1,032 SqFt 2 bedroom 1 full bathroom. House is in need of major repairs and will not qualify for financing. This is a probate sale with court confirmation.

Last Agent to Sell the Property

Nick Borrelli

Coldwell Banker Realty License #01481673 Listed on: 04/12/2021

Coldwell Banker Realty

Last Buyer's Agent

Doug Meyer

Coldwell Banker Realty License #00354602

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,202

Year Built

  • Built in 1941

Lot Details

  • 6,231 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Sprinkler System
  • Private Yard
  • Density is up to 1 Unit/Acre
  • Value in Land
  • Tear Down
  • Property is zoned ARR1

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Major Repairs Completed
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring
  • Mountain Views
  • Tile Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Patio
  • Front Porch

Location

  • Property is near public transit

Schools

  • Highland Oaks Elementary School
  • Foothills Middle School
  • Arcadia High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 22 / A
  • Tax Tract Number 7723
  • Assessor Parcel Number 5772017021

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,202

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • View: Yes
  • Zoning: ARR1
  • Property Condition: Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5772017021
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1032.00 Square Feet
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 750.97
  • Room Type: Family Room, Kitchen, Laundry, Living Room
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Schools

  • School District: Arcadia Unified
  • Elementary School: Highland Oaks
  • Middle School: Foothills
  • High School: Arcadia
  • Elementary School: Highland Oaks
  • High School: Arcadia
  • Middle Or Junior School: Foothills
  • Elementary School #2: HIGOAK
  • High School2: ARCADI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Near Public Transit, Sprinkler System, Tear Down, Value In Land, Yard
  • Lot Size Sq Ft: 6231.00
  • Lot Size Acres: 0.1430

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6231.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: A
  • Tax Census Tract: 4304.00
  • Tax Lot: 22
  • Tax Tract Number: 7723

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Nov 30, 2022
Sold by
Bowden Development Inc
Bought by
Omsitdendu Llc
Seller's Agent
Nick Borrelli
Coldwell Banker Realty
Buyer's Agent
Sharon Chou
High Ten Partners, Inc.
List Price
$1,499,000
Sold Price
$1,328,000
Premium/Discount to List
-$171,000
-11.41%
Views
64
Current Estimated Value
$1,425,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,534
Avg. Annual Appreciation
2.02%

Purchase Details

Closed on
Jan 26, 2022
Sold by
321 Laurel Llc
Bought by
Bowden Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2021
Closed on
Aug 2, 2021
Sold by
Heizerman Leah and The Estate Of Sharon Ann Poiri
Bought by
Kumar Partnership One
Seller's Agent
Nick Borrelli
Coldwell Banker Realty
Buyer's Agent
Doug Meyer
Coldwell Banker Realty
List Price
$730,000
Sold Price
$775,000
Premium/Discount to List
$45,000
6.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.98%
Original Mortgage
$775,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 12, 2021
Closed on
Jul 31, 2021
Sold by
Kumar Partnership One
Bought by
321 Laurel Llc
Seller's Agent
Nick Borrelli
Coldwell Banker Realty
Buyer's Agent
Doug Meyer
Coldwell Banker Realty
List Price
$730,000
Sold Price
$775,000
Premium/Discount to List
$45,000
6.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2012
Sold by
Poirier Sharon A and Helzerman Sharon A
Bought by
Poirier Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$741,000
Interest Rate
3.94%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 5, 2005
Sold by
Helzerman John W and Helzerman Family Living Trust
Bought by
Helzerman Sharon A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,315,000 Chicago Title Company
Grant Deed $850,000 Chicago Title
Grant Deed $775,000 Chicago Title Company
Grant Deed -- Chicago Title Company
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $914,600 Construction
Previous Owner $552,500 New Conventional
Previous Owner $775,000 Commercial
Previous Owner $741,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $35,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Sold $1,328,000 -5.0% $725 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
10/18/2022 10/18/22 Price Changed $1,398,000 -1.9% $764 / Sq Ft
09/30/2022 09/30/22 Price Changed $1,425,000 -4.9% $778 / Sq Ft
09/09/2022 09/09/22 For Sale $1,499,000 +93.4% $819 / Sq Ft
08/09/2021 08/09/21 Sold $775,000 +6.2% $751 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $730,000 -- $707 / 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 $15,202 $1,368,126 $754,290 $613,836
2024 $15,202 $1,341,300 $739,500 $601,800
2023 $14,882 $1,315,000 $725,000 $590,000
2022 $8,869 $775,000 $620,000 $155,000
2021 $2,946 $225,837 $88,475 $137,362
2020 $2,913 $223,522 $87,568 $135,954
2019 $2,881 $219,140 $85,851 $133,289
2018 $2,800 $214,844 $84,168 $130,676
2016 $2,681 $206,502 $80,900 $125,602
2015 $2,636 $203,401 $79,685 $123,716
2014 $2,608 $199,418 $78,125 $121,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21074708

California Regional Multiple Listing Service (CRMLS)

APN: 5772-017-021