NOT LISTED FOR SALE

421 Magellan Rd Arcadia, CA 91007

Estimated Value: $1,733,000 - $2,000,000

3 Beds
2 Baths
1,997 Sq Ft
$923/Sq Ft Est. Value

Last Sold June 13, 2018

Last sale price $1,130,000 $566 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $11,012/month

32 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Landscaped
  • Hugo Reid Elementary School Rated A
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of June 2018

Known for its warm character, beautiful neighborhoods & acclaimed school district, Arcadia is one of the most sought-after cities in Los Angeles County. Take a closer look at this exceptional single-story 3 bedroom, 2 bathroom home. It offers inviting curb appeal with a shaded lawn, spacious front porch, extensive brickwork and long driveway with parking for several cars. Enjoy the large living room with a toasty fireplace & wood flooring. In the kitchen, you have plenty of storage space, tiled counter tops, fully tiled back splash, a built-in range, double ovens & a breakfast bar. Plenty of natural light through an abundance of newer dual pane windows! Outside you have patio space, front and back yards & rain gutters. We are convenient to the Santa Anita Race Park and the Los Angeles County Arboretum & Botanic Garden. Don’t miss seeing this wonderful home!

Last Agent to Sell the Property

Jessica Heung

H. GREGORY WELLS APPRAISER Listed on: 03/21/2018

H. GREGORY WELLS APPRAISER

Last Buyer's Agent

Zhenwei Fu

ReMax 2000 Realty License #01978162

ReMax 2000 Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,465

Year Built

  • Built in 1947

Lot Details

  • 9,450 Sq Ft Lot
  • Landscaped
  • Property is zoned ARR1D*

Parking

  • 2 Car Garage

Interior Spaces

  • 1,997 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Hugo Reid Elementary School
  • Foothill Middle School
  • Arcadia High School

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 195
  • Tax Tract Number 12104
  • Assessor Parcel Number 5777015014

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,465

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: All furnitures, kitchen appliances and washer & dryer
  • Property Attached: No
  • View: Yes
  • Zoning: ARR1D*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5777015014
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1997.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 565.85
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • 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, Suburban

Schools

  • School District: Arcadia Unified
  • Elementary School: Hugo Reid
  • Middle School: Foothill
  • High School: Arcadia
  • Elementary School: Hugo Reid
  • High School: Arcadia
  • Middle Or Junior School: Foothill
  • Elementary School #2: HUGREI
  • High School2: ARCADI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 9450.00

Multi Family

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

Tax Info

  • Tax Census Tract: 4307.01
  • Tax Lot: 195
  • Tax Tract Number: 12104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
Jul 31, 2018
Sold by
Fan Changsheng
Bought by
Fan Changsheng and Fan Yujia
Seller's Agent
Jessica Heung
H. GREGORY WELLS APPRAISER
Buyer's Agent
Zhenwei Fu
ReMax 2000 Realty
List Price
$1,200,000
Sold Price
$1,130,000
Premium/Discount to List
-$70,000
-5.83%
Current Estimated Value
$1,842,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$712,462
Avg. Annual Appreciation
6.91%

Purchase Details

Listed on
Mar 21, 2018
Closed on
May 15, 2018
Sold by
Wei Tseng Yuh
Bought by
Fan Changsheng
Seller's Agent
Jessica Heung
H. GREGORY WELLS APPRAISER
Buyer's Agent
Zhenwei Fu
ReMax 2000 Realty
List Price
$1,200,000
Sold Price
$1,130,000
Premium/Discount to List
-$70,000
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Outstanding Balance
$591,700
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,250,762

Purchase Details

Listed on
Mar 21, 2018
Closed on
Apr 30, 2018
Sold by
Mao Hong Rina
Bought by
Fan Changsheng
Seller's Agent
Jessica Heung
H. GREGORY WELLS APPRAISER
Buyer's Agent
Zhenwei Fu
ReMax 2000 Realty
List Price
$1,200,000
Sold Price
$1,130,000
Premium/Discount to List
-$70,000
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Outstanding Balance
$591,700
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,250,762

Purchase Details

Closed on
May 25, 2000
Sold by
Mak Gary
Bought by
Lee Catherine Yuk Chi

Purchase Details

Closed on
May 8, 2000
Sold by
Suk Ching Lau and Suk Scan Siu
Bought by
Wei Tseng Yuh and Wei Shen Ming
Source: Public Records

Range of Values:

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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
Fan Changsheng -- Accommodation
Fan Changsheng $1,130,000 Orange Coast Title Company O
Fan Changsheng -- Orange Coast Title Company O
Lee Catherine Yuk Chi -- American Title Co
Wei Tseng Yuh $459,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fan Changsheng $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2018 06/13/18 Sold $1,130,000 -5.8% $566 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $1,200,000 -- $601 / 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 $14,465 $1,285,742 $1,028,595 $257,147
2024 $14,465 $1,260,532 $1,008,427 $252,105
2023 $14,164 $1,235,816 $988,654 $247,162
2022 $13,698 $1,211,585 $969,269 $242,316
2021 $13,451 $1,187,829 $950,264 $237,565
2019 $13,126 $1,152,600 $922,080 $230,520
2018 $7,236 $620,002 $405,638 $214,364
2016 $7,034 $595,929 $389,888 $206,041
2015 $6,913 $586,979 $384,032 $202,947
2014 $6,822 $575,482 $376,510 $198,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18065497

California Regional Multiple Listing Service (CRMLS)

APN: 5777-015-014