NOT LISTED FOR SALE

721 Fairview Ave Unit B Arcadia, CA 91007

Estimated Value: $1,279,000 - $1,313,000

3 Beds
3 Baths
2,195 Sq Ft
$589/Sq Ft Est. Value

Last Sold October 25, 2016

Last sale price $950,000 $433 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $8,008/month

27 Days on Market

Highlights

  • Custom Home
  • Gated Community
  • Retreat
  • Hugo Reid Elementary School Rated A
  • 69,611 Sq Ft lot
  • Wood Flooring

About This Home

As of October 2016

Magnolia Place Gated PUD style home located at the center of City of Arcadia! With known to be the most excellent schools of Southern California! Walking distance to Supermarkets, Shops, Restaurants, Post Office, Santa Anita Race Tracks and Westfield Shopping Mall.

Home features double front door entry, high-ceiling living room, modern kitchen open to family room, retreat space on second floor, comfy sized of all rooms; first floor with beautiful hardwood floor... and much more so you must to see it to appreciate.

Last Agent to Sell the Property

Hao Y Deng

Treeline Realty & Investment License #01905988 Listed on: 08/03/2016

Treeline Realty & Investment

Last Buyer's Agent

Aaron Li

My Top Home/ Meiguo Rty License #01846873

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,416

Year Built

  • Built in 1999

Lot Details

  • 1.6 Acre Lot
  • No Common Walls
  • Back Yard

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Automatic Gate
  • Guest Parking
  • Parking Lot
  • Off-Site Parking

Home Design

  • Custom Home
  • Modern Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,195 Sq Ft Home
  • Double Pane Windows
  • Custom Window Coverings
  • Double Door Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Wood Flooring
  • Home Security System

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Location

  • Urban Location
  • Suburban Location

Additional Features

  • Rain Gutters
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 52534
  • Assessor Parcel Number 5783013077

Community Details

Overview

  • Valley

Security

  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,416

Year Built

Built in 1999

Lot Details

0

HOA Fees

$140 per month

Parking

2

Listing Details

  • Other Phone Description: 6263868009
  • Other Phone Number: 6263868009
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Automatic Gate, Gated Community, Smoke Detector(s), Security System
  • View: No
  • Zoning: ARR3*
  • Architectural Style: Custom Built, Modern
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5783013077
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2195.00
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Double Door Entry
  • Eating Area: Family Kitchen
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 432.80
  • Room Type: All Bedrooms Up, Family Room, Master Bedroom, Retreat
  • Window Features: Custom Covering, Drapes, Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage, Guest, Off Site, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 140.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Suburban, Urban, Valley

Schools

  • School District: Arcadia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 69611.00
  • Price Per Lot Square Foot: 13.86

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 52534

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2016
Closed on
Oct 18, 2016
Sold by
Liu Ke and Cong Ming
Bought by
Zhou Rong and Zhou Neng
Seller's Agent
Hao Y Deng
Treeline Realty & Investment
Buyer's Agent
Aaron Li
My Top Home/ Meiguo Rty
List Price
$965,000
Sold Price
$950,000
Premium/Discount to List
-$15,000
-1.55%
Current Estimated Value
$1,293,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,797
Avg. Annual Appreciation
3.73%
Original Mortgage
$601,250
Outstanding Balance
$499,601
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$817,057

Purchase Details

Closed on
Oct 13, 2005
Sold by
Wu Angela Shih Ying and Wu Henry Chun Yi
Bought by
Liu Ke and Cong Ming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2000
Sold by
Lucky Baldwin 22
Bought by
Wu Angela Shih Ying and Wu Henry Chun Yi
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
Zhou Rong $950,000 Wfg Title Company
Liu Ke $700,000 Commonwealth Land Title Co
Wu Angela Shih Ying $371,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Rong $601,250
Previous Owner Liu Ke $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2016 10/25/16 Sold $950,000 -1.6% $433 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $965,000 -- $440 / 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 $12,416 $1,102,550 $729,077 $373,473
2024 $12,416 $1,080,932 $714,782 $366,150
2023 $12,158 $1,059,738 $700,767 $358,971
2022 $11,759 $1,038,960 $687,027 $351,933
2021 $11,544 $1,018,589 $673,556 $345,033
2019 $11,265 $988,379 $653,579 $334,800
2018 $10,995 $969,000 $640,764 $328,236
2016 $9,308 $808,078 $546,839 $261,239
2015 $9,147 $795,940 $538,625 $257,315
2014 $8,806 $761,000 $515,000 $246,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16170472

California Regional Multiple Listing Service (CRMLS)

APN: 5783-013-077