NOT LISTED FOR SALE

616 S 3rd Ave Arcadia, CA 91006

Estimated Value: $1,271,884 - $1,494,000

2 Beds
1 Bath
777 Sq Ft
$1,735/Sq Ft Est. Value

Last Sold August 15, 2014

Last sale price $870,000 $1,120 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $7,979/month

39 Days on Market

Highlights

  • Active Adult
  • No HOA
  • Eat-In Kitchen
  • Wood Flooring
  • 2 Car Direct Access Garage
  • Cooling System Mounted To A Wall/Window

About This Home

As of August 2014

Location! Location! Potential!

City of Arcadia. Arcadia Schools. R-2 zoning. Very nice little house is comfortable to live in until you build your dream home or luxury investment units. (See City of Arcadia Zoning and Guidelines for Multiple Family in Supplements). Same family owners since 1963. Sellers have not occupied the property, and it is currently tenant occupied. Drive by only.

City says two units could be built on this flat lot in the center of Arcadia. Walk to shopping, buses, restaurants. Approximately 4-blocks to Santa Anita (71-Par) Golf Course, and a few more to Santa Anita Race Track, Westfield Santa Anita Shopping Mall and restaurants. Handy to 210 and 605 freeways.

Please do not disturb tenants. Please do not walk onto property. Drive by only.
Buyers and Agents are advised to verify all information for themselves. Property is being sold "as is where is," owners will make no repairs whatsoever. Offers will be reviewed on July 9th.

Last Agent to Sell the Property

Lois Brand Billings

Coldwell Banker Dynasty Arc. License #00936593 Listed on: 06/26/2014

Coldwell Banker Dynasty Arc.

Last Buyer's Agent

Carmen Li

Coldwell Banker Dynasty Arc. License #01276748

Coldwell Banker Dynasty Arc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,907

Year Built

  • Built in 1924

Lot Details

  • 7,510 Sq Ft Lot
  • West Facing Home
  • Value in Land
  • Property is zoned R2

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • 777 Sq Ft Home
  • Bungalow

Kitchen

  • Eat-In Kitchen

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Community Details

  • Active Adult
  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 5779007029

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,907

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R2
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5779007029
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 777.00
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 1119.69

Exterior Features

  • Direction Faces: West
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Value In Land
  • Lot Size Sq Ft: 7510.00
  • Lot Size Acres: 0.1720

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7510.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 29
  • Tax Tract Number: SA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2017
Sold by
New Ridge Development Llc
Bought by
Chen Jingping
Current Estimated Value
$1,347,971

Purchase Details

Listed on
Jun 26, 2014
Closed on
Aug 7, 2014
Sold by
Hinds John and Hinds Lauren Bolley
Bought by
New Ridge Development Llc
Seller's Agent
Lois Brand Billings
Coldwell Banker Dynasty Arc.
Buyer's Agent
Carmen Li
Coldwell Banker Dynasty Arc.
List Price
$758,000
Sold Price
$870,000
Premium/Discount to List
$112,000
14.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%

Purchase Details

Closed on
Apr 12, 2013
Sold by
Hinds Lauren Bolley
Bought by
Hinds John and Hinds Lauren Bolley
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
Chen Jingping $988,000 Old Republic Title Company
New Ridge Development Llc $870,000 None Available
Hinds John -- Usa National Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2014 08/15/14 Sold $870,000 0.0% $1,120 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
07/11/2014 07/11/14 Off Market $870,000 -- --
06/26/2014 06/26/14 For Sale $758,000 -- $976 / 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 $10,907 $956,023 $562,401 $393,622
2024 $10,907 $937,278 $551,374 $385,904
2023 $10,681 $918,901 $540,563 $378,338
2022 $10,333 $900,884 $529,964 $370,920
2021 $10,103 $883,221 $519,573 $363,648
2020 $9,943 $874,166 $514,246 $359,920
Source: Public Records

Agents Affiliated with this Home

  • Lois Brand Billings

    Seller's Agent in 2014

    Lois Brand Billings

    Coldwell Banker Dynasty Arc.

    (626) 823-4679

    3 Total Sales

    Lois Brand Billings
    Section Image
  • Carmen Li

    Buyer's Agent in 2014

    Carmen Li

    Coldwell Banker Dynasty Arc.

    (626) 226-8989

    2 in this area

    15 Total Sales

    Carmen Li
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14135254

California Regional Multiple Listing Service (CRMLS)

APN: 5779-007-200

California Los Angeles County Arcadia 91006

616 S 3rd Ave, Arcadia, CA

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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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