NOT LISTED FOR SALE

501 Magellan Rd Arcadia, CA 91007

Estimated Value: $1,591,000 - $1,784,000

2 Beds
2 Baths
1,523 Sq Ft
$1,106/Sq Ft Est. Value

Last Sold June 07, 2017

Last sale price $1,150,000 $755 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $10,205/month

16 Days on Market

Highlights

  • Panoramic View
  • Wood Flooring
  • Private Yard
  • Hugo Reid Elementary School Rated A
  • Granite Countertops
  • No HOA

About This Home

As of June 2017

A great opportunity for first time buyers to live in the very desirable Santa Anita Village neighborhood of Arcadia. This California Ranch style single story home, is on the market for the first time in 41 years! Elevated above the street level, this property offers privacy and comfort in a serene setting. Priced to sell with great potential. Walking distance to Hugo Reid elementary school. This home features two bedrooms and a den that can be used as a third bedroom, 1.75 bathrooms, a spacious living room with fireplace and large windows, The den door opens to the deck and backyard. The interior has been freshly painted, refinished the hardwood floors and new linoleum has been installed. Indoor laundry. Spacious kitchen with breakfast nook. 3 car detached garage. Spacious backyard. This home is centrally located, close to the Santa Anita race track, Arboretum, Arcadia schools, shopping, specifically the Santa Anita Mall, restaurants and transportation. This is a great home for family living in an unbelievable neighborhood!

Last Agent to Sell the Property

Fred Ashkar

Re/Max Premier Prop Arcadia License #00925837 Listed on: 04/23/2017

Re/Max Premier Prop Arcadia

Last Buyer's Agent

Wenny Ng

HUNTINGTON REALTY GROUP CO. License #01040074

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,895

Year Built

  • Built in 1949

Lot Details

  • 9,670 Sq Ft Lot
  • South Facing Home
  • Block Wall Fence
  • Rectangular Lot
  • Manual Sprinklers System
  • Private Yard
  • Front Yard
  • Property is zoned ARR1D*

Parking

  • 3 Car Garage
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors
  • Driveway
  • Parking Lot

Property Views

  • Panoramic
  • Mountain

Home Design

  • Raised Foundation
  • Slab Foundation
  • Frame Construction
  • Tile Roof
  • Concrete Roof
  • Pre-Cast Concrete Construction
  • Plaster
  • Stucco

Interior Spaces

  • 1,523 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Gas Fireplace
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Built-In Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Open Patio
  • Rain Gutters
  • Rear Porch

Schools

  • Arcadia Elementary And Middle School
  • Arcadia High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 196
  • Tax Tract Number 12104
  • Assessor Parcel Number 5777015015

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,895

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 8186814975
  • Other Phone Number: 8186814975
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: ARR1D*
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5777015015
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1523.00 Square Feet
  • Interior Amenities: Pantry, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, In Living Room
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 755.09
  • Room Type: All Bedrooms Down, Den, Formal Entry, Kitchen, Living Room, Separate Family Room
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Separate Tub And Shower, Tile Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Raised, Slab
  • View: Mountain(s), Panoramic
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Patio Open, Rear Porch, Slab
  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: No
  • Construction Materials: Concrete, Frame, Plaster, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage Faces Side, Garage - Two Door, Parking Space
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Range, Disposal, Vented Exhaust Fan
  • Electric: Electricity - On Property
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, In Kitchen, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Arcadia Unified
  • Elementary School: Arcadia
  • Middle School: Arcadia
  • High School: Arcadia
  • Elementary School: Arcadia
  • High School: Arcadia
  • Middle Or Junior School: Arcadia
  • Elementary School #2: ARCADI
  • High School2: ARCADI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999, Rectangular Lot, Sprinklers Manual, Yard
  • Lot Size Sq Ft: 9670.00

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: 196
  • Tax Tract Number: 12104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2017
Closed on
May 24, 2017
Sold by
Wong Philbert Q and Chen Tiffany G
Bought by
Wong Philbert Q and Wong Tiffany G
Seller's Agent
Fred Ashkar
Re/Max Premier Prop Arcadia
Buyer's Agent
Wenny Ng
HUNTINGTON REALTY GROUP CO.
List Price
$1,098,000
Sold Price
$1,150,000
Premium/Discount to List
$52,000
4.74%
Current Estimated Value
$1,684,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,211
Avg. Annual Appreciation
4.68%
Original Mortgage
$475,000
Outstanding Balance
$394,260
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$1,289,951
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
Wong Philbert Q -- Wfg Title Company Of Ca
Wong Philbert Q $1,150,000 Wfg Title Company Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Philbert Q $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2017 06/07/17 Sold $1,150,000 +4.7% $755 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
04/23/2017 04/23/17 For Sale $1,098,000 -- $721 / 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 $14,895 $1,334,668 $1,067,737 $266,931
2024 $14,895 $1,308,499 $1,046,801 $261,698
2023 $14,582 $1,282,843 $1,026,276 $256,567
2022 $14,101 $1,257,690 $1,006,153 $251,537
2021 $13,849 $1,233,030 $986,425 $246,605
2019 $13,512 $1,196,460 $957,168 $239,292
2018 $13,127 $1,173,000 $938,400 $234,600
2016 $1,827 $123,374 $59,895 $63,479
2015 $1,798 $121,522 $58,996 $62,526
2014 $1,786 $119,143 $57,841 $61,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17087409

California Regional Multiple Listing Service (CRMLS)

APN: 5777-015-015