NOT LISTED FOR SALE

508 S 2nd Ave Arcadia, CA 91006

Estimated Value: $1,461,959 - $1,595,000

3 Beds
4 Baths
2,230 Sq Ft
1.3 Acres

Highlights

  • 1.3 Acre Lot
  • Mountain View
  • 2 Car Direct Access Garage
  • Camino Grove Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of July 2023

Deluxe PUD home with high-end appliances located within the prestigious Arcadia School District. Gated community has 2 ornamental iron gates on 2nd Ave & 3rd Ave. This 20-unit community features top of the line workmanship and materials, a open floor bright and airy , 9 feet ceiling ,quartz counter tops , spacious living room with fireplace , adjacent to dining room , Modern kitchen with Viking appliance ,refrigerator . Living area 2125 sq.Ft .Feature 3 bedrooms and 4 bathrooms. Casement windows throughout, 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 bath with a huge steam shower, dual sinks, luxury air tub, an attached 2 car garage with direct access, a patio. Must to see.

Last Agent to Rent the Property

Shirley Lam

IRN REALTY License #01254472 Listed on: 06/28/2023

IRN REALTY

Last Renter's Agent

Shirley Lam

IRN REALTY License #01254472 Listed on: 06/28/2023

IRN REALTY

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,624

Year Built

  • Built in 2015

Lot Details

  • 1.3

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,230 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • $30 HOA Transfer Fee
  • 20 Units

Listing and Financial Details

  • Security Deposit $7,475
  • Rent includes gardener, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 7/1/23
  • Tax Lot 1
  • Tax Tract Number 72869
  • Assessor Parcel Number 5779008080

Condo Details

Home Type

Condominium

Est. Annual Taxes

$15,624

Year Built

Built in 2015

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: Security Deposit
  • Available Date: 2023-07-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Security: 7475
  • Furnished: Partially
  • Transfer Fees: 30.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • View: Yes
  • Zoning: ARR2*
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5779008080
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2230.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.15
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • 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 Size Sq Ft: 56563.00
  • Lot Size Acres: 1.2985

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 56563.0000 Square Feet
  • Number Of Units In Community: 20
  • Number Of Units Total: 508
  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2016
Sold by
Dexter Second Avenue Llc
Bought by
Wang Mingqi
Current Estimated Value
$1,545,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,000
Outstanding Balance
$595,360
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$950,380
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
Wang Mingqi $1,210,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Mingqi $726,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2023 07/24/23 Rented $4,800 0.0% --
06/28/2023 06/28/23 For Rent $4,800 +23.1% --
03/16/2018 03/16/18 Rented $3,900 -2.5% --
01/25/2018 01/25/18 Price Changed $4,000 -5.9% $2 / Sq Ft
01/09/2018 01/09/18 For Rent $4,250 -- --
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 $15,624 $1,404,302 $887,961 $516,341
2024 $15,624 $1,376,767 $870,550 $506,217
2023 $15,297 $1,349,773 $853,481 $496,292
2022 $14,791 $1,323,308 $836,747 $486,561
2021 $14,522 $1,297,362 $820,341 $477,021
2019 $14,169 $1,258,883 $796,010 $462,873
2018 $13,836 $1,234,200 $780,402 $453,798
2016 $9,591 $826,648 $390,088 $436,560
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2023

    Shirley Lam

    IRN REALTY

    (626) 447-5100

    7 in this area

    48 Total Sales

    Shirley Lam
    Section Image
  • Melissa Cheng

    Buyer's Agent in 2018

    Melissa Cheng

    REMAX Prestige Properties

    (626) 374-3781

    4 in this area

    31 Total Sales

    Melissa Cheng
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS23115648

California Regional Multiple Listing Service (CRMLS)

APN: 5779-008-080

California Los Angeles County Arcadia 91006

508 S 2nd Ave, Arcadia, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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