NOT LISTED FOR SALE

480 W Lemon Ave Arcadia, CA 91007

Estimated Value: $2,886,000 - $3,583,000

5 Beds
4 Baths
4,449 Sq Ft
$716/Sq Ft Est. Value

Sale Details

Date Sold: October 1, 2013

Last sale price $1,980,000 $445 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $19,358 / mo

17 Days on Market

Highlights

  • In Ground Spa
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Baldwin Stocker Elementary School Rated A+
  • Custom Home
  • Cathedral Ceiling

About This Home

As of October 2013

Walk to award winning Baldwin Stocker Elementary. North facing custom estate built by the renowned Palumbo brother in 1988. Original Owner. 4 car garage, house features 5 bedrooms / 3.5 bathrooms, desirable 2 bathrooms with Jack and Jill room on the first floor. Roomy master suite with separate sitting area on the second floor. Bright and airy floor plan. Grand entrance with vaulted ceiling. Beautiful spiral staircase connects to the upper level of this majestic house. Elegant living room with bay window and fireplace, formal dining room, gourmet kitchen features a center island, beautiful cabinetry, wet bar and breakfast nook, spacious family room with wet bar, fireplace, skylights and French doors which open to a nice view of the backyard. Gorgeous backyard with built-in BBQ stove, sparkling pool and spa which is great for family entertainment.

Last Agent to Sell the Property

Tina Chien

Coldwell Banker Realty License #00858805 Listed on: 07/22/2013

Coldwell Banker Realty

Last Buyer's Agent

CLAUDIA CHU

MASTERS REALTY License #01300244

MASTERS REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 0.31

Parking

  • 4 Car Garage
  • Parking Available
  • Side by Side Parking

Home Design

  • Custom Home

Interior Spaces

  • 4,449 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Library
  • Pool Views
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Jack-and-Jill Bathroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • In Ground Spa
  • Private Pool

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • 13,502 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 5785013025

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0.31 Acres

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5785013025
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4449.00
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Intercom, Vacuum Central, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Wood
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 445.04
  • Room Type: Formal Entry, Jack & Jill, Library, Living Room, Master Suite, Separate Family Room
  • Spa Features: In Ground

Exterior Features

  • View: Pool
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Side by Side
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 13502.00
  • Lot Size Acres: 0.3100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13502.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2013
Closed on
Sep 25, 2013
Sold by
Chang Chu Chun Lee
Bought by
Chang He Ping and Lu Wen
Seller's Agent
Tina Chien
Coldwell Banker Realty
Buyer's Agent
CLAUDIA CHU
MASTERS REALTY
List Price
$1,980,000
Sold Price
$1,980,000
Current Estimated Value
$3,184,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,204,489
Avg. Annual Appreciation
3.84%
Original Mortgage
$1,287,000
Outstanding Balance
$962,178
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,222,311
Source: Public Records

Range of Values:

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Chang He Ping $1,980,000 First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Chang He Ping $1,287,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2013 10/01/13 Sold $1,980,000 0.0% $445 / Sq Ft
07/22/2013 07/22/13 For Sale $1,980,000 -- $445 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $28,493 $2,427,198 $1,493,953 $933,245
2024 $26,757 $2,379,607 $1,464,660 $914,947
2023 $26,195 $2,332,949 $1,435,942 $897,007
2022 $25,325 $2,287,206 $1,407,787 $879,419
2021 $24,858 $2,242,360 $1,380,184 $862,176
2019 $24,248 $2,175,852 $1,339,248 $836,604
2018 $23,598 $2,133,189 $1,312,989 $820,200
2016 $23,112 $2,050,356 $1,262,005 $788,351
2015 $22,707 $2,019,559 $1,243,049 $776,510
2014 $22,376 $1,980,000 $1,218,700 $761,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13144560

California Regional Multiple Listing Service (CRMLS)

APN: 5785-013-025

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