NOT LISTED FOR SALE

540 Fairview Ave Unit 23 Arcadia, CA 91007

Estimated Value: $678,000 - $808,000

2 Beds
2 Baths
1,301 Sq Ft
$240/ mo HOA Fee

Last Sold December 01, 2014

Last sale price $450,000 $346 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,511/month

10 Days on Market

Highlights

  • Heated In Ground Pool
  • No Units Above
  • View of Trees or Woods
  • Holly Avenue Elementary School Rated A+
  • Gated Community
  • 1.78 Acre Lot

About This Home

As of December 2014

Beautiful spacious and remodeled single level second floor 2 bedroom 2 bathroom condo in great Arcadia location, big bright master suite with bath and large second bedroom. Oversized living room with lovely dining area and enclosed covered patio. Enclosed garage and additional assigned carport parking with storage and lots of street parking. This lovely home features newer central AC and Heating Unit, double pane windows, laminate wood flooring and plantation shutters. Located in a very quiet gated complex. Low HOA of $240/month includes water and trash. Well maintained complex features a lovely pool and spa and is located near Westfield Mall, race track, hospital, markets, banks, schools and restaurants. Walking distance to award winning Arcadia schools: Elementary School (Holly Avenue), Middle School (First Avenue), and high school (Arcadia).

Last Agent to Sell the Property

Jack Liou

Jack Liou License #01918243 Listed on: 10/19/2014

Last Buyer's Agent

Gay-Lynn Barnes

eXp Realty of California Inc. License #01433767

eXp Realty of California Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1971

Lot Details

  • No Units Above
  • 1 Common Wall
  • Lawn

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available
  • Driveway
  • Assigned Parking

Property Views

  • Woods
  • Mountain

Home Design

  • Stucco

Interior Spaces

  • 1,301 Sq Ft Home
  • 2-Story Property
  • Plantation Shutters
  • Living Room
  • Storage
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Electric Oven
  • Electric Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Mirrored Closets Doors

Home Security

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • Property is near park

Utilities

  • SEER Rated 13-15 Air Conditioning Units
  • Central Heating and Cooling System
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 29601
  • Assessor Parcel Number 5778005032

Community Details

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated Community
  • Fire and Smoke Detector

Additional Features

  • Laundry Facilities

Property Details

Home Type

Condominium

Year Built

Built in 1971

Lot Details

1.78 Acres

HOA Fees

$240 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: All Appliances
  • Property Attached: Yes
  • Security: Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: ARR3*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5778005032
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1301.00
  • Interior Amenities: Storage, Tile Counters
  • Stories: 2
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s)
  • Levels: One
  • Price Per Square Foot: 345.89
  • Room Type: Living Room, Master Bedroom, Walk-In Pantry
  • Spa Features: Association, In Ground
  • Window Features: Plantation Shutters

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Trees/Woods
  • Patio And Porch Features: Enclosed
  • Pool Features: Association, Community, Heated, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Carport, Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Water Line to Refrigerator
  • Heating Type: Central, Radiant
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Central Air, Seer Rated 13-15
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pet Rules, Pets Permitted, Pool, Sewer, Spa/Hot Tub, Trash
  • Association Fee: 240.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Park Nearby
  • Lot Size Sq Ft: 77711.00
  • Lot Size Acres: 1.7840

Multi Family

  • Lease Considered: No
  • Lot Size Area: 77711.0000 Square Feet

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 29601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2014
Closed on
Nov 24, 2014
Sold by
Llou Jack Dazhong
Bought by
Ponnuswamy Balasubramanian and Dataram Sujatha
Seller's Agent
Jack Liou
Jack Liou
Buyer's Agent
Gay-Lynn Barnes
eXp Realty of California Inc.
List Price
$439,000
Sold Price
$450,000
Premium/Discount to List
$11,000
2.51%
Current Estimated Value
$721,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,904
Avg. Annual Appreciation
4.30%
Original Mortgage
$405,000
Outstanding Balance
$298,585
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$423,319

Purchase Details

Closed on
Jan 24, 2012
Sold by
Liou Jack Dazhong
Bought by
Liou Jack Dazhong and Liou Alice Yin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2009
Sold by
Asher Selma and Asher Trust
Bought by
Liou Jack Dazhong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ponnuswamy Balasubramanian $450,000 Fidelity National Title Co
Liou Jack Dazhong -- First American Title Company
Liou Jack Dazhong $330,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ponnuswamy Balasubramanian $405,000
Previous Owner Liou Jack Dazhong $251,000
Previous Owner Liou Jack Dazhong $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2014 12/01/14 Sold $450,000 +2.5% $346 / Sq Ft
10/29/2014 10/29/14 Pending -- -- --
10/19/2014 10/19/14 For Sale $439,000 -- $337 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,760 $540,818 $341,439 $199,379
2024 $6,366 $530,215 $334,745 $195,470
2023 $6,236 $519,820 $328,182 $191,638
2022 $6,036 $509,629 $321,748 $187,881
2021 $5,926 $499,638 $315,440 $184,198
2019 $5,788 $484,821 $306,085 $178,736
2018 $5,647 $475,316 $300,084 $175,232
2016 $5,483 $456,861 $288,432 $168,429
2015 $5,390 $450,000 $284,100 $165,900
2014 $4,205 $346,660 $179,318 $167,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14223925

California Regional Multiple Listing Service (CRMLS)

APN: 5778-005-032

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