NOT LISTED FOR SALE

617 Walnut Ave Arcadia, CA 91007

Estimated Value: $1,861,000 - $2,284,000

4 Beds
2 Baths
2,125 Sq Ft
$966/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $1,488,000 $700 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $12,383/month

12 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Central Heating and Cooling System
  • Baldwin Stocker Elementary School Rated A+
  • Laundry Room
  • Family Room

About This Home

As of February 2016

Great opportunity to own a superb residential lot and home in the heart of Arcadia! This beautiful lot is rectangular-shaped, south facing, and has a magnificent view of the San Gabriel Mountains from the backyard. Features 3-bedroom and 2- bath single-story house with nice floor plan and filled with natural light. Has custom fireplace in the living room, and a bar area in the large family room. The property is nestled on one of the quieter and peaceful streets, yet is still conveniently close to everything you’ll need to find. Walking distance to parks and just a short drive to restaurants, shops, grocery stores, entertainment such as Santa Anita Westfield mall, Santa Anita Canyon hiking trails, and Santa Anita Golf Course. In the award-winning Arcadia High School district, including the coveted Baldwin Stocker Elementary School. Please bring your architect and interior designer to make it your dream home.

Last Agent to Sell the Property

Anna Wang

Keller Williams Realty License #01405688 Listed on: 01/28/2016

Keller Williams Realty

Last Buyer's Agent

Wei Zhao

WELL INVESTMENTS, INC. License #01867833

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 0.37

Parking

  • 2 Car Garage

Interior Spaces

  • 2,125 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 0.37 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 4316
  • Assessor Parcel Number 5787001027

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5787001027
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2125.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 700.24
  • Room Type: Family Room, Living Room

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 16256.00
  • Price Per Lot Square Foot: 91.54
  • Lot Size Acres: 0.3730

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16256.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 4316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2018
Sold by
Qiang Guang Run
Bought by
Tf Management Group
Current Estimated Value
$2,051,804

Purchase Details

Listed on
Jan 28, 2016
Closed on
Feb 9, 2016
Sold by
Wang Angela
Bought by
Qiang Guang Run
Seller's Agent
Anna Wang
Keller Williams Realty
Buyer's Agent
Wei Zhao
WELL INVESTMENTS, INC.
List Price
$1,499,990
Sold Price
$1,488,000
Premium/Discount to List
-$11,990
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%

Purchase Details

Closed on
Jun 8, 2011
Sold by
Wang Angela
Bought by
Wang Angela and The Angela Wang Revocable Trust

Purchase Details

Closed on
Jul 29, 2003
Sold by
Wang Angela
Bought by
Wang Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2000
Sold by
Wang Angela
Bought by
Wang Angela and The Angela Wang 2000 Trust

Purchase Details

Closed on
Jun 10, 1999
Sold by
Zahn Chester D
Bought by
Wang Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tf Management Group $1,550,000 Fidelity National Title Comp
Qiang Guang Run $1,488,000 Title 365
Wang Angela -- None Available
Wang Angela -- Investors Title Company
Wang Angela -- --
Wang Angela $425,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Angela $255,000
Previous Owner Wang Angela $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2016 02/25/16 Sold $1,488,000 -0.8% $700 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $1,499,990 -- $706 / 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 $19,598 $1,763,631 $1,410,906 $352,725
2024 $19,598 $1,729,051 $1,383,242 $345,809
2023 $19,187 $1,695,149 $1,356,120 $339,029
2022 $18,553 $1,661,912 $1,329,530 $332,382
2021 $18,220 $1,629,326 $1,303,461 $325,865
2019 $17,777 $1,581,000 $1,264,800 $316,200
2018 $17,279 $1,548,115 $1,238,492 $309,623
2016 $6,578 $551,786 $416,895 $134,891
2015 $6,466 $543,498 $410,633 $132,865
2014 $6,385 $532,853 $402,590 $130,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16018213

California Regional Multiple Listing Service (CRMLS)

APN: 5787-001-027