NOT LISTED FOR SALE

505 N Old Ranch Rd N Arcadia, CA 91007

Estimated Value: $2,556,650 - $2,707,000

0.56 Acre
$4,698,952 Price per Acre
24,394 Sq Ft Lot

Last Sold November 25, 2016

Last sale price $1,998,000 $867 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $16,064/month

12 Days on Market

Highlights

  • City Lights View
  • 0.56 Acre Lot
  • Corner Lot
  • Hugo Reid Elementary School Rated A
  • Property is near public transit
  • Lawn

About This Lot

As of November 2016

Located on one of the most sought after streets in the Lower Rancho area of Arcadia. Here is the opportunity for your client to design and build their own dream home. This property is one of the larger parcels in the area, which is almost 24,500 sqft. The lot is 200' deep on the north side and 126' at the rear, See Plat Map The home that is on the lot now is a Mid-Century Traditional with 3bedrooms 2baths with an open floorplan, huge beautiful brick fireplace in the living room, there is also a Family Room, separate laundry room,a cellar and a swimming pool at the rear of the property

Last Agent to Sell the Property

Jim Rock

COMPASS License #01057765 Listed on: 10/13/2016

COMPASS

Last Buyer's Agent

Jenny Ma

Sunny Realty Group, Inc. License #01882851

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,190

Year Built

  • 1950

Lot Details

  • 0.56 Acre Lot
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Lawn
  • Back and Front Yard

Utilities

  • Overhead Utilities
  • Phone Available

Additional Features

  • City Lights Views
  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 72
  • Assessor Parcel Number 5776026004

Property Details

Property Type

Land

Est. Annual Taxes

$25,190

Year Built

1950

Lot Details

0

Listing Details

  • Current Use Comments: Single Family Residence
  • Possible Use Comments: Single Family Residence
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: R-1
  • Property Type: Land
  • Parcel Number: 5776026004
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1950

Interior Features

  • Price Per Square Foot: 81.87

Exterior Features

  • View: City Lights
  • Trees: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available
  • Electric: Electricity - On Property
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Near Public Transit, Rectangular Lot, Utilities - Overhead
  • Lot Size Sq Ft: 24405.00
  • Lot Size Acres: 0.5600

Multi Family

  • Lot Size Area: 24405.0000 Square Feet

Tax Info

  • Tax Area: 1-887
  • Tax Lot: 72
  • Tax Tract: 11215

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2017
Sold by
Roos Marjorie R and Marjorie R Roos 2002 Trust
Bought by
Liu Yan Ming
Total Days on Market
12
Current Estimated Value
$2,631,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,158,000
Outstanding Balance
$974,169
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,814,626

Purchase Details

Listed on
Oct 13, 2016
Closed on
Oct 19, 2016
Sold by
Roos Marjorie R and Marjorie R Roos 2002 Trust
Bought by
Liu Yan Ming
Seller's Agent
Jim Rock
COMPASS
Buyer's Agent
Jenny Ma
Sunny Realty Group, Inc.
List Price
$1,998,000
Sold Price
$1,998,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%

Purchase Details

Closed on
May 10, 2002
Sold by
Roos Marjorie R
Bought by
Roos Marjorie R and Marjorie R Roos 2002 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 26, 2002
Sold by
Roos David Franklin
Bought by
Roos Marjorie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Liu Yan Ming -- Fidelity National Title
Liu Yan Ming $1,998,000 Fidelity National Title
Roos Marjorie R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Yan Ming $1,158,000
Previous Owner Roos Marjorie R $300,000
Previous Owner Roos Marjorie R $120,000
Previous Owner Roos Marjorie R $75,000
Previous Owner Roos Marjorie R $130,000
Previous Owner Roos Marjorie R $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2016 11/25/16 Sold $1,998,000 0.0% $867 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $1,998,000 -- $867 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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
2024 $25,190 $2,273,377 $1,818,703 $454,674
2023 $24,652 $2,228,802 $1,783,043 $445,759
2022 $23,821 $2,185,101 $1,748,082 $437,019
2021 $23,390 $2,142,256 $1,713,806 $428,450
2019 $22,809 $2,078,718 $1,662,975 $415,743
2018 $22,250 $2,037,960 $1,630,368 $407,592
2016 $2,465 $196,626 $80,746 $115,880
2015 $2,422 $193,674 $79,534 $114,140
2014 $2,404 $189,882 $77,977 $111,905
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jim Rock

    COMPASS

    (626) 484-7006

    67 Total Sales

    Jim Rock
    Section Image

  • J

    Buyer's Agent in 2016

    Jenny Ma

    Sunny Realty Group, Inc.

    (626) 241-2681

    21 in this area

    38 Total Sales

    Jenny Ma
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316009687

Pasadena-Foothills Association of REALTORS®

APN: 5776-026-004

California Los Angeles County Arcadia 91007

505 N Old Ranch Rd N, Arcadia, CA

This home is located at 505 N Old Ranch Rd N, Arcadia, CA 91007 since 13 October 2016 and is currently estimated at $2,631,413, approximately $1,141 per square foot. This property was built in 1950. 505 N Old Ranch Rd N is a home located in Los Angeles County with nearby schools including Hugo Reid Elementary School, Foothills Middle School, and Arcadia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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