NOT LISTED FOR SALE

720 S 3rd Ave Arcadia, CA 91006

Estimated Value: $1,453,000 - $1,818,708

5 Beds
3 Baths
2,439 Sq Ft
$670/Sq Ft Est. Value

Last Sold April 02, 2018

Last sale price $975,000 $400 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $10,128/month

4 Days on Market

Highlights

  • Spanish Architecture
  • West Facing Home
  • 1-Story Property
  • Camino Grove Elementary School Rated A
  • Wood Burning Fireplace

About This Home

As of April 2018

ARCADIA SCHOOLS! This fixer, has two homes on a large lot. Wonderful opportunity for investors. Front house: 2 BR, 1 Bth. Back house: 3 BR, 2 Bth. Close to shopping, entertainment, schools, restaurants and so much more. SOLD AS IS!

Last Agent to Sell the Property

Sylvia Horlacher

Berkshire Hathaway Home Servic License #02013523 Listed on: 03/15/2018

Berkshire Hathaway Home Servic

Last Buyer's Agent

Sylvia Horlacher

Berkshire Hathaway Home Servic License #02013523 Listed on: 03/15/2018

Berkshire Hathaway Home Servic

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,018

Year Built

  • Built in 1930

Lot Details

  • 8,997 Sq Ft Lot
  • West Facing Home

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture
  • Fixer Upper

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5779019025

Community Details

Overview

  • 2 Units
  • Other Othr Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,018

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Other - OTHR
  • Zoning: ARR2YY
  • Architectural Style: Spanish
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 5779019025
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Appliances: Yes
  • Total Bedrooms: 5
  • Fireplace Features: Decorative, Wood Burning, Living Room
  • Levels: One

Exterior Features

  • Direction Faces: West

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Appliances: Water Heater

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8997.00
  • Lot Size Acres: 0.2100

Multi Family

  • Gross Operating Income: 2.00
  • Lot Size Area: 8997.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2020
Sold by
Xiang Weiliang and Li Baoqiong
Bought by
Wu Philip Sai Fai and Wu Rosina
Current Estimated Value
$1,605,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,550
Outstanding Balance
$582,892
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,051,535

Purchase Details

Listed on
Mar 15, 2018
Closed on
Mar 26, 2018
Sold by
Soares James R and Soares Dorothy H
Bought by
Xiang Weiliang and Li Baoqiong
Seller's Agent
Sylvia Horlacher
Berkshire Hathaway Home Servic
Buyer's Agent
Sylvia Horlacher
Berkshire Hathaway HomeServices California Properties
List Price
$1,000,000
Sold Price
$975,000
Premium/Discount to List
-$25,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
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
Wu Philip Sai Fai $1,188,000 Fidelity National Title
Xiang Weiliang $975,000 Fidelity Sherman Oaks
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Philip Sai Fai $653,550
Previous Owner Soares James R $516,000
Previous Owner Soares James R $533,850
Previous Owner Soares James R $533,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2018 04/02/18 Sold $975,000 -2.5% $400 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $1,000,000 -- $410 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $16,018 $1,425,667 $1,028,309 $397,358
2024 $16,018 $1,397,714 $1,008,147 $389,567
2023 $14,260 $1,235,995 $988,380 $247,615
2022 $13,792 $1,211,760 $969,000 $242,760
2021 $13,539 $1,188,000 $950,000 $238,000
2020 $11,654 $1,014,390 $811,512 $202,878
2019 $11,519 $994,500 $795,600 $198,900
2018 $3,347 $242,960 $48,578 $194,382
2016 $3,200 $233,528 $46,693 $186,835
2015 $3,148 $230,021 $45,992 $184,029
2014 $3,122 $225,517 $45,092 $180,425
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sylvia Horlacher

    Berkshire Hathaway Home Servic

    (626) 298-9282

    1 in this area

    21 Total Sales

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-818001186

Pasadena-Foothills Association of REALTORS®

APN: 5779-019-025

California Los Angeles County Arcadia 91006

720 S 3rd Ave, Arcadia, CA

This home is located at 720 S 3rd Ave, Arcadia, CA 91006 since 15 March 2018 and is currently estimated at $1,634,427, approximately $670 per square foot. This property was built in 1930. 720 S 3rd Ave is a home located in Los Angeles County with nearby schools including Camino Grove Elementary School, Richard Henry Dana Middle School, and Arcadia High 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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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