NOT LISTED FOR SALE

531 Magellan Rd Arcadia, CA 91007

Estimated Value: $1,616,000 - $2,353,000

3 Beds
3 Baths
2,468 Sq Ft
$841/Sq Ft Est. Value

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Wood Flooring
  • Hugo Reid Elementary School Rated A
  • Traditional Architecture
  • Breakfast Area or Nook

About This Home

As of January 2021

Beautifully updated 3BR 2.75BA single story home located at a very quiet treelined Arcadia neighborhood yet within short proximity to Santa Anita Mall, H Mart, banks, parks, golf course and buses. Updated kitchen has a large breakfast room with a bay window overlooking the pool area. Family room with vaulted ceiling and formal dining room with built-in cabinets. Beautiful hardwood floors in living room, formal dining, kitchen & breakfast room. Central heat & air and a separate laundry room.. There is a very cozy pool house with an updated bath next to the fenced pool at the upper level of the rear yard. It is perfect to be used as a home office.

Last Agent to Rent the Property

Yvonne Chien

RE/MAX Premier Properties License #01004032 Listed on: 01/04/2021

RE/MAX Premier Properties

Last Renter's Agent

Yvonne Chien

RE/MAX Premier Properties License #01004032 Listed on: 01/04/2021

RE/MAX Premier Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,968

Year Built

  • Built in 1948

Lot Details

  • 10,670 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Tile Roof

Interior Spaces

  • 2,468 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Waterfall Pool Feature
  • Fence Around Pool
  • In Ground Spa

Outdoor Features

  • Exterior Lighting

Schools

  • Arcadia High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Security Deposit $10,000
  • Rent includes gardener, pool, water
  • 12-Month Minimum Lease Term
  • Available 1/15/21
  • Tax Lot 203

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,968

Year Built

Built in 1948

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2021-01-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 10000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Patio furniture, Refrigerator and washer & dryer without warranty
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2468.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.23
  • Room Type: Living Room, Master Suite, Separate Family Room
  • Spa Features: In Ground

Exterior Features

  • Direction Faces: East
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Features: Fenced, In Ground, Waterfall
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Refrigerator, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Arcadia Unified
  • High School: Arcadia
  • High School: Arcadia
  • High School2: ARCADI

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 10670.00
  • Lot Size Acres: 0.2400

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 10670.0000 Square Feet
  • Rent Includes: Gardener, Pool, Water

Tax Info

  • Tax Lot: 203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2003
Sold by
Cendant Mobility Financial Corp
Bought by
Wang Yau Yu and Wang Taidy
Current Estimated Value
$2,074,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Outstanding Balance
$176,611
Interest Rate
4.87%
Mortgage Type
Negative Amortization
Estimated Equity
$1,897,891

Purchase Details

Closed on
Jul 3, 2003
Sold by
Harrison David S and Harrison Connie J
Bought by
Cendant Mobility Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Outstanding Balance
$176,611
Interest Rate
4.87%
Mortgage Type
Negative Amortization
Estimated Equity
$1,897,891
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 Yau Yu $735,000 Equity Title
Cendant Mobility Financial Corp -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Yau Yu $428,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Rented $5,500 +3.8% --
01/06/2021 01/06/21 Off Market $5,300 -- --
01/04/2021 01/04/21 For Rent $5,300 +1.9% --
08/29/2018 08/29/18 Rented $5,200 0.0% --
08/18/2018 08/18/18 Off Market $5,200 -- --
07/31/2018 07/31/18 For Rent $5,200 -- --
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
2025 $11,968 $1,045,000 $760,652 $284,348
2024 $11,968 $1,024,511 $745,738 $278,773
2023 $11,722 $1,004,423 $731,116 $273,307
2022 $11,341 $984,730 $716,781 $267,949
2021 $11,132 $965,423 $702,727 $262,696
2020 $10,994 $955,525 $695,522 $260,003
2019 $10,867 $936,790 $681,885 $254,905
2018 $10,538 $918,422 $668,515 $249,907
2016 $10,283 $882,759 $642,556 $240,203
2015 $10,105 $869,500 $632,905 $236,595
2014 $9,967 $852,469 $620,508 $231,961
Source: Public Records

Agents Affiliated with this Home

  • Yvonne Chien

    Landlord's Agent in 2021

    Yvonne Chien

    RE/MAX

    (626) 318-2230

    5 in this area

    29 Total Sales

    Yvonne Chien
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jennifer Tang

    RE/MAX

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-2759

Pasadena-Foothills Association of REALTORS®

APN: 5777-015-022

California Los Angeles County Arcadia 91007

531 Magellan Rd, Arcadia, CA

This home is located at 531 Magellan Rd, Arcadia, CA 91007 since 04 January 2021 and is currently priced at $2,074,502. This property was built in 1948. 531 Magellan Rd 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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