NOT LISTED FOR SALE

525 S 5th Ave Unit B Arcadia, CA 91006

Estimated Value: $1,406,000 - $1,502,035

3 Beds
2.5 Baths
2,263 Sq Ft
$645/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $1,388,000 $613 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,466/month

8 Days on Market

Highlights

  • 0.84 Acre Lot
  • Mountain View
  • Loft
  • Camino Grove Elementary School Rated A
  • Hydromassage or Jetted Bathtub
  • Granite Countertops

About This Home

As of November 2023

An exquisite, south-facing, detached townhome nestled in the heart of Arcadia, California. Constructed in 2004, this inviting residence of 2,263 sq.ft. (approx.) features 3 bedrooms, 2.5 bathrooms, and an enchanting loft with a picturesque mountain view on the upper level. The expansive primary suite stands out with its impressive 8 1/2-foot dual sink vanity and a generously sized walk-in closet. The lower level hosts a formal living room, a convenient half bathroom, and an open floor plan that seamlessly connects the family room, dining area, and kitchen. Sliding doors open to a charming, fully landscaped backyard, ideal for outdoor barbecue and easy to maintain. Fresh interior and exterior paint, along with recessed lighting throughout, make this home move-in ready for its new owners. With two extra storage rooms and ample interior storage space, this property is a must-see gem in a small community of only 9 units. Located in the award-winning Arcadia Unified School District. Don’t miss this opportunity!

Last Agent to Sell the Property

Annie Wang

Sothebys International Realty License #01829741 Listed on: 09/12/2023

Sothebys International Realty

Last Buyer's Agent

Karen Shin

Coldwell Banker Best Realty License #01721241

Coldwell Banker Best Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,701

Year Built

  • Built in 2004

Lot Details

  • 0.84

HOA Fees

  • $166 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Planned Development

Interior Spaces

  • 2,263 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Loft
  • Mountain Views

Kitchen

  • Gas Range
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater

Additional Features

  • Doors swing in
  • No Common Walls
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 54041
  • Assessor Parcel Number 5779007183
  • $748 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 9 Units
  • Valentino Villa HOA
  • Maintained Community

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,701

Year Built

Built in 2004

Lot Details

0

HOA Fees

$166 per month

Parking

2

Listing Details

  • Structure Type: Triplex
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: ARR2YY
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5779007183
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2263.00 Square Feet
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 613.35
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Living Room, Loft, Walk-In Closet
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Primary Bath, Granite Counters, Jetted Tub, Separate Tub And Shower, Walk-In Shower

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Vented Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Maintenance Grounds, Trash, Pets Permitted, Maintenance Front Yard
  • Association Fee: 166.37
  • Association Fee Frequency: Monthly
  • Association Name: Valentino Villa HOA
  • Phone: upon request
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Suburban
  • Association Management: Valentino Villa HOA

Schools

  • School District: Arcadia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 36411.00
  • Lot Size Acres: 0.8359
  • Latitude Manual: 34.13371800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 36411.0000 Square Feet
  • Number Of Units In Community: 9
  • Number Of Units Total: 9

Tax Info

  • Tax Census Tract: 4308.01
  • Tax Lot: 1
  • Tax Tract Number: 54041
  • TaxOtherAnnualAssessmentAmount: 748.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Oct 17, 2023
Sold by
Wang Ming Chi and Chio Cha
Bought by
Jung Sung Jun and Jung Yun Jung
Seller's Agent
Annie Wang
Sothebys International Realty
Buyer's Agent
Karen Shin
Coldwell Banker Best Realty
List Price
$1,298,000
Sold Price
$1,388,000
Premium/Discount to List
$90,000
6.93%
Views
53
Current Estimated Value
$1,459,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,759
Avg. Annual Appreciation
2.92%
Original Mortgage
$945,000
Outstanding Balance
$929,701
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$530,058

Purchase Details

Closed on
Apr 17, 2014
Sold by
Wang Ming Chi
Bought by
Wang Ming Chi and Wang Chio Cha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2005
Sold by
519 Valentino Investments Llc
Bought by
Wang Ming Chi
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
Jung Sung Jun $1,388,000 Equity Title
Wang Ming Chi -- Nations Title Company
Wang Ming Chi -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jung Sung Jun $945,000
Previous Owner Wang Ming Chi $168,000
Previous Owner Lee Jack J S $625,000
Previous Owner Wang Ming Chi $159,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2023 11/09/23 Sold $1,388,000 +6.9% $613 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $1,298,000 0.0% $574 / Sq Ft
04/01/2020 04/01/20 Rented $3,650 0.0% --
03/19/2020 03/19/20 For Rent $3,650 -- --
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 $15,701 $1,415,760 $849,456 $566,304
2024 $15,701 $1,388,000 $832,800 $555,200
2023 $12,037 $1,045,020 $669,888 $375,132
2022 $11,644 $1,024,530 $656,753 $367,777
2021 $11,431 $1,004,442 $643,876 $360,566
2019 $11,081 $974,651 $624,779 $349,872
2018 $10,789 $955,541 $612,529 $343,012
2016 $10,548 $918,439 $588,745 $329,694
2015 $10,364 $904,644 $579,902 $324,742
2014 $9,580 $829,000 $531,000 $298,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23169508

California Regional Multiple Listing Service (CRMLS)

APN: 5779-007-183