NOT LISTED FOR SALE

700 E Norman Ave Arcadia, CA 91006

Estimated Value: $1,484,000 - $1,742,000

3 Beds
2 Baths
1,559 Sq Ft
$1,028/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $1,131,000 $725 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $9,963/month

13 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Air
  • Camino Grove Elementary School Rated A
  • Landscaped
  • Bike Trail

About This Home

As of October 2020

Amazing opportunity to add/ expand or totally rebuild. Per city of Arcadia, for one story maximum allowed 5,658 sq ft, and for 2 story house maximum allowed 5,298 sq ft. Currently a lovingly maintained home first time on the market since 1978, with a Large flat lot of 12,000 sq ft, sitting on a beautiful tree lined street, surrounded by large estates, in the distinguished Arcadia Schools District. Backyard all fenced by block walls from 3 sides. No preserved trees to obstruct your expansion. Property features, hardwood floors, formal living and dining, beautiful fireplace, updated windows, and a large 2 car detached garage with long driveway fits several cars, easy to rent while obtaining permits. House is currently tenant occupied on a lease which expires October 31. Tenant my leave or renew month to month. Buyer to verify with city of Arcadia and satisfy themselves.

Last Agent to Sell the Property

Caroline Khabbaz

Coldwell Banker Realty License #01396972 Listed on: 09/02/2020

Coldwell Banker Realty

Last Buyer's Agent

LO LO KWONG

KO TAI REALTY License #01920187

KO TAI REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,331

Year Built

  • Built in 1948

Lot Details

  • 0.28 Acre Lot
  • Landscaped
  • Paved or Partially Paved Lot
  • Back and Front Yard
  • Property is zoned ARR1YY

Parking

  • 2 Car Garage

Interior Spaces

  • 1,559 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Arcadia High School

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 14339
  • Assessor Parcel Number 5791017008

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,331

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: ARR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5791017008
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1559.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 725.47
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Street Lights, Suburban

Schools

  • School District: Arcadia Unified
  • High School: Arcadia
  • High School: Arcadia
  • High School2: ARCADI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Paved, Ranch
  • Lot Size Sq Ft: 11997.00
  • Lot Size Acres: 0.2754

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11997.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4308.03
  • Tax Lot: 21
  • Tax Tract Number: 14339

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2022
Sold by
Kwong David
Bought by
Kwong Lolo
Current Estimated Value
$1,593,984

Purchase Details

Listed on
Sep 2, 2020
Closed on
Sep 15, 2020
Sold by
Norwood Kurt Edward
Bought by
Kwong David and Kwong Lolo
Seller's Agent
Caroline Khabbaz
Coldwell Banker Realty
Buyer's Agent
LO LO KWONG
KO TAI REALTY
List Price
$1,058,000
Sold Price
$1,131,000
Premium/Discount to List
$73,000
6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%

Purchase Details

Closed on
Apr 23, 2020
Sold by
Norwood Kurt Edward and Norwood Louis Theodore
Bought by
Norwood Kurt Edward

Purchase Details

Closed on
May 20, 2012
Sold by
Norwood Louis Theodore
Bought by
Norwood Louis Theodore and The Louis Theodore Norwood Revocable Liv
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
Kwong Lolo -- --
Kwong David $1,131,000 Pacific Coast Title Company
Norwood Kurt Edward -- None Available
Norwood Louis Theodore -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norwood Louis Theodore $169,234
Previous Owner Norwood Louis Theodore $198,000
Previous Owner Norwood Louis Theodore $169,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $1,131,000 +6.9% $725 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $1,058,000 0.0% $679 / Sq Ft
10/17/2019 10/17/19 Rented $2,900 +1.8% --
09/14/2019 09/14/19 Price Changed $2,850 -5.0% $2 / Sq Ft
08/21/2019 08/21/19 For Rent $3,000 0.0% --
08/15/2019 08/15/19 Rented $3,000 0.0% --
07/14/2019 07/14/19 Price Changed $3,000 +5.3% $2 / Sq Ft
07/13/2019 07/13/19 For Rent $2,850 0.0% --
07/12/2019 07/12/19 Off Market $2,850 -- --
07/09/2019 07/09/19 For Rent $2,850 -- --
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 $15,331 $1,411,863 $979,383 $432,480
2024 $15,331 $1,384,180 $960,180 $424,000
2023 $13,054 $1,176,691 $941,353 $235,338
2022 $12,711 $1,153,620 $922,896 $230,724
2021 $12,481 $1,131,000 $904,800 $226,200
2019 $3,310 $276,742 $152,935 $123,807
2018 $3,157 $271,317 $149,937 $121,380
2016 $3,084 $260,783 $144,116 $116,667
2015 $3,028 $256,867 $141,952 $114,915
2014 $2,994 $251,836 $139,172 $112,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20181382

California Regional Multiple Listing Service (CRMLS)

APN: 5791-017-008