NOT LISTED FOR SALE

5640 Farna Ave Arcadia, CA 91006

North El Monte Neighborhood

Estimated Value: $892,000 - $1,101,000

3 Beds
2 Baths
1,553 Sq Ft
$669/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $640,000 $412 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,260/month

6 Days on Market

Highlights

  • Golf Course Community
  • Mountain View
  • Living Room
  • Arroyo High School Rated A-
  • No HOA
  • Park

About This Home

As of August 2020

First time on the market in 55 years! Walking distance to nearby amenities, supermarkets, Starbucks, golf course, and elementary school, this corner lot home is in the perfect location. With some creative vision and TLC, this home is perfect for homeowners and investors looking to do renovations. Let your imagination run and don’t miss out on this amazing opportunity!First time on the market in 55 years! Walking distance to nearby amenities, supermarkets, Starbucks, golf course, and elementary school, this corner lot home is in the perfect location. With some creative vision and TLC, this home is perfect for homeowners and investors looking to do renovations. Let your imagination run and don’t miss out on this amazing opportunity!

Last Agent to Sell the Property

George Li

KW Executive License #01992880 Listed on: 07/06/2020

KW Executive

Co-Listed By

Celine Juan

KW Executive License #01992878

Last Buyer's Agent

George Li

KW Executive License #01992880 Listed on: 07/06/2020

KW Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,655

Year Built

  • Built in 1950

Lot Details

  • 6,687 Sq Ft Lot
  • Back Yard
  • Property is zoned LCR105

Parking

  • 2 Car Garage

Property Views

  • Mountain
  • Neighborhood

Interior Spaces

  • 1,553 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Tax Lot 72
  • Tax Tract Number 16286
  • Assessor Parcel Number 8572006030

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,655

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LCR105
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8572006030
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1553.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 412.11
  • Room Type: Family Room, Kitchen, Living Room

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Golf, Park, Sidewalks

Schools

  • School District: El Monte Union High

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6687.00
  • Lot Size Acres: 0.1535

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6687.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4315.02
  • Tax Lot: 72
  • Tax Tract Number: 16286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Jul 20, 2020
Sold by
Cato Kevin Earl and Berkley Carla Sue
Bought by
Li Walter and Tung Lai Na
Seller's Agent
George Li
KW Executive
Buyer's Agent
George Li
KW Executive
List Price
$520,000
Sold Price
$640,000
Premium/Discount to List
$120,000
23.08%
Current Estimated Value
$1,039,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,606
Avg. Annual Appreciation
9.94%
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Li Walter $640,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Walter $250,000
Closed Li Walter $290,000
Closed Li Walter $100,000
Closed Li Walter $190,000
Previous Owner Cato Abraham L $954,225
Previous Owner Cato Abraham L $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $640,000 +23.1% $412 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $520,000 -- $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 $8,655 $692,753 $554,203 $138,550
2024 $8,655 $679,171 $543,337 $135,834
2023 $8,497 $665,855 $532,684 $133,171
2022 $8,229 $652,800 $522,240 $130,560
2021 $8,051 $640,000 $512,000 $128,000
2020 $1,323 $71,221 $23,053 $48,168
2019 $1,335 $69,825 $22,601 $47,224
2018 $1,236 $68,457 $22,158 $46,299
2016 $1,168 $65,801 $21,299 $44,502
2015 $1,154 $64,814 $20,980 $43,834
2014 $1,125 $63,546 $20,570 $42,976
Source: Public Records

Agents Affiliated with this Home

  • George Li

    Seller's Agent in 2020

    George Li

    KW Executive

    (626) 375-0340

    94 Total Sales

    George Li
    Section Image

  • C

    Seller Co-Listing Agent in 2020

    Celine Juan

    KW Executive

    (626) 584-0048

    72 Total Sales

    Celine Juan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20123158

California Regional Multiple Listing Service (CRMLS)

APN: 8572-006-030

California Los Angeles County Arcadia 91006 North El Monte

5640 Farna Ave, Arcadia, CA

This home is located at 5640 Farna Ave, Arcadia, CA 91006 since 06 July 2020 and is currently estimated at $1,039,606, approximately $669 per square foot. This property was built in 1950. 5640 Farna Ave is a home located in Los Angeles County with nearby schools including Rio Hondo School, Arroyo High School, and Arcadia Christian 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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