NOT LISTED FOR SALE

740 Southview Rd Unit A Arcadia, CA 91007

Estimated Value: $1,788,000 - $2,760,000

6 Beds
5 Baths
4,065 Sq Ft
$580/Sq Ft Est. Value

Last Sold May 19, 2014

Last sale price $1,323,000 $325 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $14,000/month

14 Days on Market

Highlights

  • Fireplace in Bathroom
  • Granite Countertops
  • Cooling System Mounted To A Wall/Window
  • Hugo Reid Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of May 2014

LOCATION-LOCATION-LOCATION-MINUTES TO SANTA ANITA RACE TRACK-WESTFIELD SANTA ANITA MALL-210 FRWY=UNIT A-FRESHLY REDONE WITH PAINT,FLOORING,UPGRADED KITCHEN WITH GRANITE COUNTER TOP,NEW COOKTOP STOVE,NEW SINK=ALL FOUR UNITS HAVE THEIR OWN PRIVATE ENCLOSED GARAGE WITH STORAGE SPACE-LAUNDRY ROOM OUTSIDE FOR TENANTS TO USE-3-UNITS HAVE THEIR OWN PRIVATE PATIOS=
SELLER RESERVES SERVICES--

Last Agent to Sell the Property

Connie Martinez

First Team Real Estate License #01101534 Listed on: 03/30/2014

First Team Real Estate

Last Buyer's Agent

Connie Martinez

First Team Real Estate License #01101534 Listed on: 03/30/2014

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,567

Year Built

  • Built in 1962

Lot Details

  • 7,591 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Chain Link Fence

Parking

  • 4 Car Garage
  • 1 Carport Space
  • Parking Available
  • Single Garage Door

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 4,065 Sq Ft Home
  • Ceiling Fan
  • Dining Room with Fireplace
  • Carpet

Kitchen

  • Electric Cooktop
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 11
  • Tax Tract Number 24499
  • Assessor Parcel Number 5783013028

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $690
  • Gardener Expense $1,200
  • Insurance Expense $2,215
  • Trash Expense $1,539
  • Water Sewer Expense $670
  • New Taxes Expense $677
  • Gross Income $2,300
  • Net Operating Income $23,465

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,567

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 670.00
  • Zoning: ARR3YY
  • Property Condition: Termite Clearance
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5783013028
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Fireplace Features: Bath, Dining Room
  • Levels: Two
  • Price Per Square Foot: 325.46

Exterior Features

  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Electric Water Heater
  • Electric: 220 Volts in Laundry
  • Heating Type: Electric, Fireplace(s)
  • Laundry Features: Common Area
  • Trash Expense: 1539.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Size Sq Ft: 7591.00
  • Lot Size Acres: 0.1740

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 690.00
  • Gross Income: 2300.00
  • Gross Scheduled Income: 3900.00
  • Insurance Expense: 2215.00
  • Lot Size Area: 7591.0000 Square Feet
  • Net Operating Income: 23465.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Carpet: 1
  • Number With Dishwasher: 1
  • Number With Disposal: 4
  • Number With Patio: 3
  • Number With Range: 4
  • Operating Expense: 4134.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 677.00
  • Tax Lot: 11
  • Tax Tract Number: 24499
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2014
Closed on
Apr 10, 2014
Sold by
Strong Olivia and Strong Bennie Gonzales
Bought by
Tsai Living Trust
Seller's Agent
Connie Martinez
First Team Real Estate
Buyer's Agent
Connie Martinez
First Team Real Estate
List Price
$1,250,000
Sold Price
$1,323,000
Premium/Discount to List
$73,000
5.84%
Current Estimated Value
$2,358,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,035,180
Avg. Annual Appreciation
4.82%
Original Mortgage
$793,800
Outstanding Balance
$607,845
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$1,650,134
Source: Public Records

Range of Values:

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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
Tsai Living Trust $1,323,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsai Living Trust $793,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2014 05/19/14 Sold $1,323,000 +5.8% $325 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $1,250,000 -- $308 / 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 $18,567 $1,621,805 $653,379 $968,426
2024 $18,567 $1,590,006 $640,568 $949,438
2023 $18,183 $1,558,830 $628,008 $930,822
2022 $17,586 $1,528,266 $615,695 $912,571
2021 $17,253 $1,498,301 $603,623 $894,678
2019 $16,840 $1,453,863 $585,720 $868,143
2018 $16,378 $1,425,357 $574,236 $851,121
2016 $16,002 $1,370,011 $551,939 $818,072
2015 $15,723 $1,349,433 $543,649 $805,784
Source: Public Records

Agents Affiliated with this Home

  • Connie Martinez

    Seller's Agent in 2014

    Connie Martinez

    First Team Real Estate

    (951) 533-9951

    7 Total Sales

    Connie Martinez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR14057424

California Regional Multiple Listing Service (CRMLS)

APN: 5783-013-092

California Los Angeles County Arcadia 91007

740 Southview Rd Unit A, Arcadia, CA

This home is located at 740 Southview Rd Unit A, Arcadia, CA 91007 since 30 March 2014 and is currently estimated at $2,358,180, approximately $580 per square foot. This property was built in 1962. 740 Southview Rd Unit A is a home located in Los Angeles County with nearby schools including Hugo Reid Elementary School, Foothills 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.

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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