RENTED MAR 3, 2025

408 E Lemon Ave Arcadia, CA 91006

Estimated Value: $1,186,000 - $1,445,000

2 Beds
1 Bath
900 Sq Ft
$1,451/Sq Ft Est. Value

Last Sold June 21, 2023

Last sale price $1,110,000 $1,233 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,937/month

11 Days on Market

Highlights

  • Bonus Room
  • Private Yard
  • 2 Car Attached Garage
  • Camino Grove Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of June 2023

This beautifully updated property features fresh paint throughout, a newly refinished bathtub, and a brand-new toilet. Enjoy cooking in a kitchen equipped with new appliances, including a stove, dishwasher, and range hood. The home also boasts a spacious sunroom and a large backyard, perfect for relaxation or entertaining. Don’t miss this move-in-ready gem!

Last Agent to Sell the Property

Jonathan Trapesonian

Hill Realty Group License #01963724 Listed on: 05/10/2023

Co-Listed By

Brett MacLennan

Hill Realty Group License #01838246

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 8,192 Sq Ft Lot
  • Private Yard
  • Back Yard
  • Value in Land
  • Property is zoned ARR1YY

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Bonus Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 14651
  • Assessor Parcel Number 5790016002
  • $350 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: ARR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5790016002
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 900.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1233.33
  • Room Type: Bonus Room, Family Room, Kitchen

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Value In Land, Yard
  • Lot Size Sq Ft: 8192.00
  • Lot Size Acres: 0.1881

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8192.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4308.03
  • Tax Lot: 8
  • Tax Tract Number: 14651
  • TaxOtherAnnualAssessmentAmount: 350.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
May 24, 2023
Sold by
Patricia Ray Flaherty Living Trust
Bought by
David And Shuilien Chen Hsu 2004 Trust
Seller's Agent
Jonathan Trapesonian
Hill Realty Group
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,160,000
Sold Price
$1,110,000
Premium/Discount to List
-$50,000
-4.31%
Views
40
Current Estimated Value
$1,305,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,632
Avg. Annual Appreciation
6.71%
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
David And Shuilien Chen Hsu 2004 Trust $1,110,000 Wfg National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2025 03/03/25 Rented $3,200 0.0% --
02/28/2025 02/28/25 Off Market $3,200 -- --
02/28/2025 02/28/25 For Rent $3,200 0.0% --
02/27/2025 02/27/25 Off Market $3,200 -- --
01/26/2025 01/26/25 For Rent $3,200 0.0% --
06/21/2023 06/21/23 Sold $1,110,000 -4.3% $1,233 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $1,160,000 +4.5% $1,289 / Sq Ft
01/30/2023 01/30/23 Off Market $1,110,000 -- --
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 $12,911 $1,154,843 $923,875 $230,968
2024 $12,911 $1,132,200 $905,760 $226,440
2023 $1,064 $71,332 $44,506 $26,826
2022 $1,031 $69,934 $43,634 $26,300
2021 $1,006 $68,564 $42,779 $25,785
2019 $983 $66,532 $41,511 $25,021
2018 $912 $65,229 $40,698 $24,531
2016 $880 $62,697 $39,118 $23,579
2015 $863 $61,756 $38,531 $23,225
2014 $860 $60,548 $37,777 $22,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23010457

California Regional Multiple Listing Service (CRMLS)

APN: 5790-016-002