NOT LISTED FOR SALE

506 S 2nd Ave Arcadia, CA 91006

Estimated Value: $1,595,983 - $1,838,000

4 Beds
4 Baths
2,390 Sq Ft
$284/mo HOA Fee

Last Sold April 28, 2023

Last sale price $1,475,000 $617 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,530/month

15 Days on Market

Highlights

  • Primary Bedroom Suite
  • View of Trees or Woods
  • Fireplace in Primary Bedroom
  • Camino Grove Elementary School Rated A
  • 1.3 Acre Lot
  • Wood Flooring

About This Home

As of April 2023

Paradise at Siena Villa! Crafted by Dexter Development and built by Tipping Development located within the prestigious Arcadia School District. 506 S 2nd Ave is located within a Santa Barbra style ornamental iron gates found on 2nd & 3rd Ave. The luxurious property consists of 4 spacious bedroom 4-bathrooms with 1-bedroom downstairs. This detached property with a charming façade is a wonderful open floor plan, bright and airy, casement windows throughout, graced by 9 feet soaring ceiling, quartz counter tops, a large modern open kitchen with all Viking stainless steel appliances. Additional features include hardwood floors and stairs, 8" solid wood doors, an enclosed loft that can be used as a den or an office, master with fireplace, a huge steam shower, dual sink, luxury air tub, an attached 2 car garage with direct access, a roomy yard with auto irrigation, and much more. As the owner barely lived in this house, this property showcases untouched elements and almost-new condition….. Don’t miss this rare opportunity!

Last Agent to Sell the Property

Troy Kuo

In Realty Inc. License #01849263 Listed on: 02/06/2023

Last Buyer's Agent

Troy Kuo

In Realty Inc. License #01849263 Listed on: 02/06/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,958

Year Built

  • Built in 2015

Lot Details

  • No Common Walls

HOA Fees

  • $284 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage

Property Views

  • Woods
  • Mountain

Interior Spaces

  • 2,390 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Loft

Kitchen

  • Gas Oven
  • Six Burner Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 72869
  • Assessor Parcel Number 5779008065
  • $721 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 20 Units
  • Siena Villa Association, Phone Number (626) 802-0335
  • Troy Kuo HOA
  • Built by Tipping Development

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,958

Year Built

Built in 2015

Lot Details

0

HOA Fees

$284 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: ARR2*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5779008065
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2390.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 617.15
  • Room Type: Living Room, Loft, Main Floor Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • View: Mountain(s), Trees/Woods
  • Builder Name: Tipping Development
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Gas Oven, Microwave, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Management, Maintenance Front Yard
  • Association Fee: 284.00
  • Association Fee Frequency: Monthly
  • Association Name: Siena Villa
  • Phone: 6268020335
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Troy Kuo

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 56563.00
  • Lot Size Acres: 1.2985
  • Latitude Manual: 34.13431400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 56563.0000 Square Feet
  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Census Tract: 4308.01
  • Tax Lot: 1
  • Tax Tract Number: 72869
  • TaxOtherAnnualAssessmentAmount: 721.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Mar 6, 2023
Sold by
Shen Yong Ming and Shen Ruwen
Bought by
Fan Anthony Xuetong and Hu Yape1
Seller's Agent
Troy Kuo
In Realty Inc.
Buyer's Agent
Troy Kuo
In Realty Inc.
List Price
$1,529,000
Sold Price
$1,475,000
Premium/Discount to List
-$54,000
-3.53%
Views
49
Current Estimated Value
$1,684,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,246
Avg. Annual Appreciation
5.43%
Original Mortgage
$885,000
Outstanding Balance
$857,482
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$826,764

Purchase Details

Closed on
Jun 23, 2016
Sold by
Dexter Second Avenue Llc
Bought by
Shen Yong Ming and Xu Ruwen
Source: Public Records

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
Fan Anthony Xuetong $1,475,000 Chicago Title Company
Shen Yong Ming $1,278,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fan Anthony Xuetong $885,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $1,475,000 -3.5% $617 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $1,529,000 -- $640 / 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 $16,958 $1,534,589 $828,782 $705,807
2024 $16,958 $1,504,500 $812,532 $691,968
2023 $16,452 $1,454,138 $894,785 $559,353
2022 $15,907 $1,425,627 $877,241 $548,386
2021 $15,618 $1,397,675 $860,041 $537,634
2019 $15,237 $1,356,222 $834,533 $521,689
2018 $14,884 $1,329,630 $818,170 $511,460
2016 $10,116 $872,498 $390,088 $482,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23019468

California Regional Multiple Listing Service (CRMLS)

APN: 5779-008-065