NOT LISTED FOR SALE

48 E Forest Ave Arcadia, CA 91006

Estimated Value: $1,197,971 - $1,448,000

3 Beds
2 Baths
1,444 Sq Ft
$915/Sq Ft Est. Value

Last Sold January 28, 2014

Last sale price $705,000 $488 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $7,750/month

Highlights

  • No HOA
  • Neighborhood Views
  • Laundry Room
  • Highland Oaks Elementary School Rated A+
  • Cul-De-Sac
  • Central Air

About This Home

As of March 2022

Well located traditional cul-de-sac home with Arcadia schools, Lovely wood floors, Fireplace, Central HVAC, updated kitchen, formal dining room, three bedrooms, including master suite, two baths, nice rear yard, finishing touches in progress, but available by February 1

Last Agent to Rent the Property

Ernie Boehr

Compass License #00821926 Listed on: 01/11/2022

Compass

Last Renter's Agent

Beatriz Kasten

Deasy Penner Podley License #01914737

Deasy Penner Podley

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 6,758 Sq Ft Lot
  • Cul-De-Sac
  • Property is zoned ARR2*

Parking

  • 2 Car Garage

Interior Spaces

  • 1,444 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $5,000
  • Rent includes gardener, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 2/1/22
  • Tax Lot 74
  • Tax Tract Number 7820
  • Assessor Parcel Number 5772005003

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-02-01
  • Credit Check Paid By: Tenant
  • Deposit Key: 50
  • Deposit Security: 5000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: Yes
  • Zoning: ARR2*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5772005003
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1444.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.22
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • 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
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 6758.00
  • Lot Size Acres: 0.1551

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6758.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 4304.00
  • Tax Lot: 74
  • Tax Tract Number: 7820

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2021
Sold by
Scott And Lena-Prudence Wiegand 2016 Tru and Wiegand Scott Robert
Bought by
Wiegand Scott Robert
Current Estimated Value
$1,321,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,330
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2016
Sold by
Wiegand Scott Robert
Bought by
Scott & Lena Prudence Wiegand 2016 Trust

Purchase Details

Listed on
Oct 21, 2013
Closed on
Dec 18, 2013
Sold by
Peliman Amy M
Bought by
Wiegand Scott Robert and Wiegand Lena Prudence Sun
Seller's Agent
John Kostrey
Nourmand & Associates-HW
Buyer's Agent
PEGGY SOU
List Price
$749,000
Sold Price
$705,000
Premium/Discount to List
-$44,000
-5.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$528,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2005
Sold by
Pellman Amy M
Bought by
Pellman Amy M

Purchase Details

Closed on
Dec 8, 2003
Sold by
Ostergard Philip L and Ostergard Irma W
Bought by
Pellman Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2002
Sold by
Ostergard Philip L and Ostergard Irma L
Bought by
Ostergard Philip L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wiegand Scott Robert -- Pacific Coast Title
Scott & Lena Prudence Wiegand 2016 Trust -- None Available
Wiegand Scott Robert $705,000 First American Title Company
Pellman Amy M -- --
Pellman Amy M $435,000 Ticor
Ostergard Philip L -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wiegand Scott Robert $461,330
Previous Owner Wiegand Scott Robert $528,750
Previous Owner Pellman Amy M $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2022 03/17/22 Rented $3,200 -12.3% --
01/11/2022 01/11/22 For Rent $3,650 0.0% --
01/28/2014 01/28/14 Sold $705,000 +0.9% $488 / Sq Ft View Prior Sale
11/21/2013 11/21/13 Price Changed $699,000 -6.7% $484 / Sq Ft
10/21/2013 10/21/13 For Sale $749,000 -- $519 / 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 $9,917 $864,222 $691,380 $172,842
2024 $9,917 $847,277 $677,824 $169,453
2023 $9,712 $830,665 $664,534 $166,131
2022 $9,322 $814,378 $651,504 $162,874
2021 $9,152 $798,411 $638,730 $159,681
2019 $8,933 $774,732 $619,786 $154,946
2018 $8,686 $759,542 $607,634 $151,908
2016 $8,470 $730,050 $584,040 $146,010
2015 $8,322 $719,085 $575,268 $143,817
2014 $7,140 $607,872 $445,945 $161,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22005580

California Regional Multiple Listing Service (CRMLS)

APN: 5772-005-003