NOT LISTED FOR SALE

40 E Floral Ave Arcadia, CA 91006

Estimated Value: $1,475,000 - $1,808,000

4 Beds
3 Baths
2,562 Sq Ft
$650/Sq Ft Est. Value

Last Sold November 02, 2017

Last sale price $1,120,000 $437 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $9,892/month

93 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Main Floor Bedroom
  • Highland Oaks Elementary School Rated A+
  • Wood Flooring
  • No HOA

About This Home

As of November 2017

Big price reduction of $100,000, you cannot miss the opportunity to buy this nice property. This 2,560 sq ft newly remodeled single story ranch style house has spacious living, family, and dining rooms. There are 4 oversized bedrooms (including 2 master suites with walk-in closets), and 3 renovated full size bathrooms all with granite countertops, mosaic tiles, Kohler bathtubs, sinks and faucets, etc. The brand new wood floor is sparkling throughout the house. Additional new features include recessed LED lightings,  2 front windows, all blinds, crown molding,  outdoor lights, landscaping, and fresh paint of whole house. This property is conveniently located near Fwy 210, Metro Gold Line, Foothills Middle School, Highland Oaks Elementary School, shopping plaza, and restaurants. A move-in ready beautiful home located in the award winning Arcadia Unified School District!  This is a must see property.

Last Agent to Sell the Property

Alexandra Yeung

IRN REALTY License #01876959 Listed on: 06/21/2017

IRN REALTY

Last Buyer's Agent

Lisa Ta

Coldwell Banker Realty License #01375450

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 6,706 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned ARR17500*

Parking

  • 2 Car Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Shingle Roof

Interior Spaces

  • 2,562 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Wood Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Schools

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

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 111
  • Tax Tract Number 100
  • Assessor Parcel Number 5772003021

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: ARR17500*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5772003021
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2562.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 437.16
  • Room Type: Family Room, Kitchen, Main Floor Bedroom, Master Suite

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6706.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4304.00
  • Tax Lot: 111
  • Tax Tract Number: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2020
Sold by
Chung Abraham W and Kwan Vicky W
Bought by
Kwan Douglas Chan Cheong and Kwan Betty Pui
Current Estimated Value
$1,665,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$639,234
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,026,137

Purchase Details

Listed on
Jun 21, 2017
Closed on
Oct 20, 2017
Sold by
Ho Henry Shiusun
Bought by
Kwan Douglas Chan Cheong and Kwan Betty Pui King
Seller's Agent
Alexandra Yeung
IRN REALTY
Buyer's Agent
Lisa Ta
Coldwell Banker Realty
List Price
$1,250,000
Sold Price
$1,120,000
Premium/Discount to List
-$130,000
-10.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$750,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2010
Sold by
Ho Henry Shiu Sun
Bought by
Ho Henry Shiu Sun and Ho Joyce Shuk Ying

Purchase Details

Closed on
May 30, 2003
Sold by
Ho Henry Shiu Sun
Bought by
Ho Henry Shiu Sun and Ho Joyce Shuk Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage
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
Kwan Douglas Chan Cheong -- Pacific Coast Title Company
Kwan Douglas Chan Cheong $1,120,000 Lawyers Title
Ho Henry Shiu Sun -- Accommodation
Ho Henry Shiu Sun -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwan Douglas Chan Cheong $720,000
Closed Kwan Douglas Chan Cheong $750,000
Previous Owner Ho Henry Shiu Sun $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2017 11/02/17 Sold $1,120,000 -2.6% $437 / Sq Ft
08/17/2017 08/17/17 Price Changed $1,150,000 -4.0% $449 / Sq Ft
07/27/2017 07/27/17 Price Changed $1,198,000 -2.6% $468 / Sq Ft
07/14/2017 07/14/17 Price Changed $1,230,000 -1.6% $480 / Sq Ft
06/21/2017 06/21/17 For Sale $1,250,000 -- $488 / 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 $14,302 $1,274,362 $1,012,096 $262,266
2024 $14,302 $1,249,375 $992,251 $257,124
2023 $14,004 $1,224,879 $972,796 $252,083
2022 $13,543 $1,200,863 $953,722 $247,141
2021 $13,293 $1,177,318 $935,022 $242,296
2020 $13,125 $1,165,247 $925,435 $239,812
2019 $12,970 $1,142,400 $907,290 $235,110
2018 $12,610 $1,120,000 $889,500 $230,500
2017 $6,659 $553,074 $301,983 $251,091
2016 $6,456 $542,230 $296,062 $246,168
2015 $6,346 $534,086 $291,615 $242,471
2014 $6,262 $523,625 $285,903 $237,722
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17140202

California Regional Multiple Listing Service (CRMLS)

APN: 5772-003-021