NOT LISTED FOR SALE

540 Fairview Ave Unit 37 Arcadia, CA 91007

Estimated Value: $882,000 - $917,266

3 Beds
2 Baths
1,605 Sq Ft
$390/mo HOA Fee

Last Sold June 04, 2024

Last sale price $875,000 $545 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,892/month

3 Days on Market

Highlights

  • Primary Bedroom Suite
  • 1.78 Acre Lot
  • Bonus Room
  • Holly Avenue Elementary School Rated A
  • Mountain View
  • End Unit

About This Home

As of June 2024

Presenting this fully upgraded corner end unit in one of Arcadia’s most desirable gated communities with award-winning Arcadia School District!! This unit has a single-level layout, NO unit above and under. This 3-bedroom residence boasts an open and bright floor plan, upgraded with new floors, wood shutters, and double pane windows throughout. The kitchen was tastefully remodeled with new designer cabinetry, countertop, and upgraded kitchen appliances. The panoramic sliding glass doors lead you to the bonus room which attracts the perfect amount of natural light which illuminates the living room, dining room, and kitchen throughout. Two guest bedrooms are on the left side of the entry with a well-appointed full bathroom conveniently located in the hallway; Master-suite is on the other side of the entry for added privacy. In-unit laundry is also included! A private two-car garage with additional private storage closets completes this unit nicely. In addition, this unit also has a side yard where you can store your extra stuff. This gated community features controlled access, a serene resort-like pool & spa, a lounging area with a fire pit, and more. Within minutes to the Arboretum, Santa Anita Mall, park, golf course, racetrack, library, fine dining, and entertainment. You can’t beat this convenient central location with highly-rated schools, this unit truly has it all! Come see for yourself today! Property Video-

Last Agent to Sell the Property

Wenqian Zhou

Keller Williams Realty Brokerage Phone: 626-400-8880 License #01986112 Listed on: 05/03/2024

Keller Williams Realty

Last Buyer's Agent

Jiang Suo

Pacific Sterling Realty License #02141315

Pacific Sterling Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,198

Year Built

  • Built in 1971

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,605 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Bonus Room
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Utilities

  • Central Air
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 29601
  • Assessor Parcel Number 5778005052
  • $645 per year additional tax assessments

Community Details

Overview

  • 40 Units
  • Villa Fleurie HOA, Phone Number (626) 821-5202
  • Baldwin Real Estate Management HOA

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Community Fire Pit
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,198

Year Built

Built in 1971

Lot Details

0

HOA Fees

$390 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: ARR3*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5778005052
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1605.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall, End Unit
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 545.17
  • Room Type: Bonus Room, Family Room, Kitchen, Laundry, Primary Suite

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: Electric Dryer Hookup, In Closet, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Trash, Sewer, Water, Controlled Access
  • Association Fee: 390.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Fleurie HOA
  • Phone: (626) 821-5202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Baldwin Real Estate Management

Schools

  • School District: Arcadia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 77736.00
  • Lot Size Acres: 1.7846
  • Latitude Manual: 34.12860600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 77736.0000 Square Feet
  • Number Of Units In Community: 40
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4307.24
  • Tax Lot: 1
  • Tax Tract Number: 29601
  • TaxOtherAnnualAssessmentAmount: 645.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
May 28, 2024
Sold by
Kong Yue and Kong Fei
Bought by
Wu Shirong
Seller's Agent
Wenqian Zhou
Keller Williams Realty
Buyer's Agent
Jiang Suo
Pacific Sterling Realty
List Price
$798,000
Sold Price
$875,000
Premium/Discount to List
$77,000
9.65%
Views
33
Current Estimated Value
$904,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,317
Avg. Annual Appreciation
2.31%
Original Mortgage
$500,000
Outstanding Balance
$494,461
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$406,744

Purchase Details

Closed on
Sep 23, 2021
Sold by
Kong Yue and Kong Fei
Bought by
Kong Yue and Kong Fei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 7, 2018
Closed on
Nov 12, 2018
Sold by
Gangadharan Prasanth and Gangadharan Prasanth Praseeda
Bought by
Kong Fei and Kong Yue
Seller's Agent
Pushpa Nagaraj
COMPASS
Buyer's Agent
Siyuan Huang
IRN REALTY
List Price
$658,000
Sold Price
$638,000
Premium/Discount to List
-$20,000
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$510,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 17, 2014
Closed on
May 14, 2014
Sold by
Hong Wan Ling
Bought by
Gangadharan Prasanth and Prasanth Praseeda
Seller's Agent
Jean Liu
Re/Max Premier Prop SanMarino
Buyer's Agent
Pushpa Nagaraj
COMPASS
List Price
$538,000
Sold Price
$530,000
Premium/Discount to List
-$8,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%
Original Mortgage
$477,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2014
Closed on
May 13, 2014
Sold by
Lin Meng Hsien
Bought by
Hong Wan Ling
Seller's Agent
Jean Liu
Re/Max Premier Prop SanMarino
Buyer's Agent
Pushpa Nagaraj
COMPASS
List Price
$538,000
Sold Price
$530,000
Premium/Discount to List
-$8,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2006
Sold by
Carlson Nancy Farr and Farr Nancy A
Bought by
Lin Meng Hsien
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
Wu Shirong $875,000 First American Title Company
Kong Yue -- Wfg Title Company Of Ca
Kong Fei $638,000 Old Republic Title Company
Gangadharan Prasanth $530,000 Equity Title Company
Hong Wan Ling -- Equity Title Company
Lin Meng Hsien $505,000 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Shirong $500,000
Previous Owner Kong Yue $467,000
Previous Owner Kong Fei $480,500
Previous Owner Kong Fei $510,000
Previous Owner Kong Fei $510,000
Previous Owner Gangadharan Prasanth $448,000
Previous Owner Gangadharan Prasanth $477,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Sold $875,000 +9.6% $545 / Sq Ft
05/03/2024 05/03/24 For Sale $798,000 +25.1% $497 / Sq Ft
12/12/2018 12/12/18 Sold $638,000 -3.0% $398 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
11/02/2018 11/02/18 For Sale $658,000 +3.1% $410 / Sq Ft
10/20/2018 10/20/18 Off Market $638,000 -- --
10/12/2018 10/12/18 For Sale $658,000 +3.1% $410 / Sq Ft
10/12/2018 10/12/18 Off Market $638,000 -- --
09/07/2018 09/07/18 For Sale $658,000 +24.2% $410 / Sq Ft
06/06/2014 06/06/14 Sold $530,000 -1.5% $330 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $538,000 -- $335 / 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 $8,198 $892,500 $742,662 $149,838
2024 $8,198 $697,743 $489,405 $208,338
2023 $8,029 $684,062 $479,809 $204,253
2022 $7,769 $670,650 $470,401 $200,249
2021 $7,627 $657,501 $461,178 $196,323
2019 $7,446 $638,000 $447,500 $190,500
2018 $6,689 $571,002 $374,169 $196,833
2016 $6,505 $548,832 $359,641 $189,191
2015 $6,394 $540,589 $354,239 $186,350
2014 $6,232 $530,000 $370,000 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24083476

California Regional Multiple Listing Service (CRMLS)

APN: 5778-005-052