NOT LISTED FOR SALE

427 E Lemon Ave Arcadia, CA 91006

Estimated Value: $2,170,887 - $2,564,000

5 Beds
4 Baths
3,721 Sq Ft
$641/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $1,620,000 $435 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $14,221/month

246 Days on Market

Highlights

  • Primary Bedroom Suite
  • Atrium Room
  • No HOA
  • Camino Grove Elementary School Rated A
  • Wood Flooring
  • 3 Car Direct Access Garage

About This Home

As of December 2016

Custom built by current owner. The main level encompasses an elegant 2 story foyer, gorgeous living room with fireplace and glass windows overlooking the front yard. A formal dinning room leads to the Gourmet Kitchen with brand new oven, microwave, dishwasher and trash compactor also with built in Thermador refrigether. Custom cabinets and breakfast nook open to the generous family room with fireplace and wet bar all with view to the backyard. one bedroom downstairs with 3/4 bath and plenty oak storage cabinets along the hallway. Beautiful Circular staircase leads to the upstairs with Master Suite, 2nd Suite and another 2 additional bedrooms share a full bath. The Master Suite features generous walk-in closet and sitting area, bathroom with dual sinks and separate shower and tub. Some bedrooms have built in Oak cabinet with shelves. Lots of windows makes this house full of natural light and very bright. Double-Pane windows and sliding doors all over. Security Alarm system ready with surveillance cameras equipped. Water softener and purifier drinking water system. Plenty of fruit trees on the property! This is a Must See Sweet Home! The offer is subject to cancellation of current escrow.

Last Agent to Sell the Property

Margaret Hong

IRN Realty License #00974215 Listed on: 10/03/2016

IRN Realty

Co-Listed By

Justin Huang

Castleton R.E. & Develop. License #01236929

Last Buyer's Agent

Margaret Hong

IRN Realty License #00974215 Listed on: 10/03/2016

IRN Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 8,833 Sq Ft Lot
  • Landscaped
  • Garden
  • Back and Front Yard

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors

Interior Spaces

  • 3,721 Sq Ft Home
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Atrium Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms

Utilities

  • Zoned Heating and Cooling
  • Water Purifier
  • Water Softener

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 14651
  • Assessor Parcel Number 5790015022

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5790015022
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3721.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 435.37
  • Room Type: Atrium, Entry, Family Room, Formal Entry, Foyer, Living Room, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Direct Garage Access, Garage, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Microwave, Refrigerator, Trash Compactor, Water Purifier, Water Softener
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped
  • Lot Size Sq Ft: 8833.00
  • Price Per Lot Square Foot: 202.65
  • Lot Size Acres: 0.2030

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8833.0000 Square Feet

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 14651

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2023
Sold by
Hone Matt M and Li Peng
Bought by
Hone Family Living Trust and Hone
Current Estimated Value
$2,384,222

Purchase Details

Listed on
Oct 3, 2016
Closed on
Dec 7, 2016
Sold by
Huang Justin C
Bought by
Hone Matt M and Hone Li Peng
Seller's Agent
Margaret Hong
IRN Realty
Buyer's Agent
Margaret Hong
IRN Realty
List Price
$1,690,000
Sold Price
$1,620,000
Premium/Discount to List
-$70,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$800,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2008
Sold by
Huang Justin C and Huang Grace E
Bought by
Huang Justin C

Purchase Details

Closed on
Nov 6, 2003
Sold by
Huang Justin Chin Ping and Huang Tai Shou
Bought by
Huang Justin Chin Ping

Purchase Details

Closed on
May 11, 2000
Sold by
Huang Grace
Bought by
Huang Justin Chinping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 21, 1994
Sold by
Yen Yao Ming and Chou Shiaw Teh C
Bought by
Vargas Olson Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.65%

Purchase Details

Closed on
Jun 20, 1994
Sold by
Vargas Olson Enterprises Inc
Bought by
Huang Tai Shou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.65%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hone Family Living Trust -- None Listed On Document
Hone Matt M $1,620,000 Lawyers Title
Huang Justin C -- None Available
Huang Justin C -- None Available
Huang Justin Chin Ping -- --
Huang Justin Chin Ping -- --
Huang Justin Chinping -- First American Title Ins Co
Vargas Olson Enterprises Inc $289,000 Guardian Title
Huang Tai Shou $700,000 Guardian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hone Matt M $800,000
Previous Owner Huang Justin Chinping $300,000
Previous Owner Vargas Olson Enterprises Inc $45,000
Closed Vargas Olson Enterprises Inc $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2016 12/28/16 Sold $1,620,000 -4.1% $435 / Sq Ft
10/03/2016 10/03/16 Price Changed $1,690,000 0.0% $454 / Sq Ft
10/03/2016 10/03/16 For Sale $1,690,000 +4.3% $454 / Sq Ft
09/20/2016 09/20/16 Off Market $1,620,000 -- --
08/04/2016 08/04/16 Price Changed $1,790,000 -5.3% $481 / Sq Ft
02/29/2016 02/29/16 For Sale $1,890,000 -- $508 / 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 $20,765 $1,880,143 $1,035,355 $844,788
2024 $20,765 $1,843,278 $1,015,054 $828,224
2023 $20,328 $1,807,136 $995,151 $811,985
2022 $19,653 $1,771,703 $975,639 $796,064
2021 $19,290 $1,736,964 $956,509 $780,455
2019 $18,817 $1,685,447 $928,140 $757,307
2018 $18,359 $1,652,400 $909,942 $742,458
2016 $11,514 $993,231 $246,883 $746,348
2015 $11,238 $978,313 $243,175 $735,138
2014 $11,081 $959,150 $238,412 $720,738
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Margaret Hong

    IRN Realty

    (626) 429-3568

    1 Total Sale

    Margaret Hong
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Justin Huang

    Castleton R.E. & Develop.

    (626) 444-6680

    Justin Huang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16042257

California Regional Multiple Listing Service (CRMLS)

APN: 5790-015-022

California Los Angeles County Arcadia 91006

427 E Lemon Ave, Arcadia, CA

Not Listed for Sale

Detached

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