NOT LISTED FOR SALE

38 Genoa St Unit 2 Arcadia, CA 91006

Estimated Value: $1,492,000 - $1,949,000

5 Beds
5 Baths
3,074 Sq Ft
$563/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $1,250,000 $407 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $10,509/month

19 Days on Market

Highlights

  • Contemporary Architecture
  • Main Floor Primary Bedroom
  • Laundry Room
  • Camino Grove Elementary School Rated A
  • No HOA
  • Central Heating and Cooling System

About This Home

As of May 2017

Wonderful opportunity to purchase this huge duplex as an income investment or terrific setup for lg. extended family. PRIME location can,t be beat! Close to park, shopping,XLNT. SCHOOLS, golf and famous race track. Front 2 story unit has L.R., D.R., guest bath, Lg. MASTER ENSUITE, DEN or 4th. bdrm. Private laundry. Upstairs are 2 more BIG bedrooms and Full bath. Rear attached 2 car garage private. BACK UNIT has 2 bedrooms upstairs and living space down, also w/ att. private 2 car garage and inside laundry. Both units currently tenant occup. Buyer to cooperate at no cost w/ Seller's IRS 1031 exchange.

Last Agent to Sell the Property

Joanne Kuzma

Providencia Properties Inc. License #00756330 Listed on: 04/19/2017

Last Buyer's Agent

Gary Wat

CORCORAN GLOBAL LIVING License #01968039

CORCORAN GLOBAL LIVING

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,336

Year Built

  • Built in 1985

Lot Details

  • 7,033 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Open Parking Space
  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex
  • Contemporary Architecture

Interior Spaces

  • 3,074 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 5 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 28
  • Tax Tract Number 101
  • Assessor Parcel Number 5779013018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $779
  • Trash Expense $840
  • Water Sewer Expense $1,080
  • New Taxes Expense $16,125
  • Operating Expense $13,636
  • Gross Income $50,400
  • Net Operating Income $33,705

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,336

Year Built

Built in 1985

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: 818-244-1525
  • Other Phone Number: 818-515-3022
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 1080.00
  • Zoning: ARR3HY
  • Architectural Style: Contemporary
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5779013018
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: ground level
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 406.64
  • Room Type: Main Floor Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 840.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

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
  • Lot Size Sq Ft: 7033.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 50400.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 779.00
  • Net Operating Income: 33705.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 16695.00
  • Rent Control: No
  • Total Actual Rent: 4200.00
  • Total Expenses: 13636.00

Tax Info

  • New Taxes Expense: 16125.00
  • Tax Census Tract: 4308.01
  • Tax Lot: 28
  • Tax Tract Number: 101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2019
Sold by
Lin David Ying Feng and Chen Shyue Huey
Bought by
Lin David Ying Feng and Chen Shyue Huey
Current Estimated Value
$1,730,557

Purchase Details

Listed on
Apr 19, 2017
Closed on
May 8, 2017
Sold by
Wann Chyh Jiun
Bought by
Lin David and Chen Shyue Huey
Seller's Agent
Joanne Kuzma
Providencia Properties Inc.
Buyer's Agent
Gary Wat
CORCORAN GLOBAL LIVING
List Price
$1,290,000
Sold Price
$1,250,000
Premium/Discount to List
-$40,000
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
Nov 29, 2005
Sold by
Wann Chyh Jiun
Bought by
Wann Chyh Jiun and The Chyh Jiun Wann Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2005
Sold by
Wang Jeffrey and Wang Ida
Bought by
Wann Chyh Jiun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2005
Sold by
Cassis Assaf G
Bought by
Cassis Nazareth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lin David Ying Feng -- None Available
Lin David $1,250,000 None Available
Wann Chyh Jiun -- Pacific Coast Title
Wann Chyh Jiun -- Alliance Title
Wann Chyh Jiun $1,025,000 Alliance Title
Cassis Nazareth -- Alliance Title San Diego
Wang Jeffrey $950,000 Alliance Title San Diego
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wann Chyh Jiun $470,000
Previous Owner Wang Jeffrey $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2017 05/19/17 Sold $1,250,000 -3.1% $407 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $1,290,000 -- $420 / 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 $16,336 $1,450,726 $1,015,509 $435,217
2024 $16,336 $1,422,282 $995,598 $426,684
2023 $15,996 $1,394,395 $976,077 $418,318
2022 $15,469 $1,367,055 $956,939 $410,116
2021 $15,182 $1,340,251 $938,176 $402,075
2019 $14,815 $1,300,500 $910,350 $390,150
2018 $14,426 $1,275,000 $892,500 $382,500
2016 $13,637 $1,183,261 $836,942 $346,319
2015 $13,400 $1,165,488 $824,371 $341,117
2014 $13,214 $1,142,658 $808,223 $334,435
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB17083853

California Regional Multiple Listing Service (CRMLS)

APN: 5779-013-018