$1,438,000
SOLD AUG 27, 2025

741 Val St Arcadia, CA 91007

0.28 Acre
$5,097,483 Price per Acre
12,288 Sq Ft Lot

Recently Sold

$976 Per Sq Ft

12% Above List Price

13 Days on Market

About This Lot

As of August 2025

Huge oversized 12,289 sq.ft lot in the city of Arcadia. Lots of fruit trees. Located on a quiet low traffic neighborhood. Great opportunity to remodel and make your own or build new. 3rd bedroom may not be on permit. 2 car detached garage w/auto opener. Hardwood floors throughout and central air.

Last Agent to Sell the Property

Robert Doeppel

RBD Real Estate Services, INC. Brokerage Phone: 626-278-9213 License #00879661 Listed on: 06/10/2025

Last Buyer's Agent

Zhao Wang

Pinnacle Real Estate Group License #02250683

Pinnacle Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,389

Lot Details

  • 0.28 Acre Lot
  • Property is zoned ARR175*

Listing and Financial Details

  • Legal Lot and Block 7 / H
  • Tax Tract Number 15881
  • Assessor Parcel Number 5383024032
  • $489 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$16,389

Lot Details

0

Listing Details

  • View: No
  • Zoning: ARR175*
  • Property Type: Land
  • Parcel Number: 5383024032
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 117.02

Utilities

  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12289.00
  • Lot Size Acres: 0.2821

Multi Family

  • Lot Size Area: 12289.0000 Square Feet

Tax Info

  • Tax Block: H
  • Tax Census Tract: 4317.01
  • Tax Lot: 7
  • Tax Tract Number: 15881
  • TaxOtherAnnualAssessmentAmount: 489.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2025
Closed on
Jul 23, 2025
Sold by
Hovatter Family Trust and Hovatter Timothy G
Bought by
Lai Zengguang and Cai Wei
Seller's Agent
Robert Doeppel
RBD Real Estate Services, INC.
Buyer's Agent
Zhao Wang
Pinnacle Real Estate Group
List Price
$1,288,000
Sold Price
$1,438,000
Premium/Discount to List
$150,000
11.65%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-94.70%

Purchase Details

Closed on
Aug 7, 2019
Sold by
Hovatter Glenda
Bought by
Hovatter Timothy
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 Type Sale Price Title Company
Grant Deed $1,438,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 Sold $1,438,000 +11.6% $976 / Sq Ft
06/25/2025 06/25/25 For Sale $1,288,000 -10.4% $874 / Sq Ft
06/23/2025 06/23/25 Pending -- -- --
06/18/2025 06/18/25 Off Market $1,438,000 -- --
06/10/2025 06/10/25 For Sale $1,288,000 -- $874 / 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 $16,389 $1,429,106 $1,142,377 $286,729
2024 $16,389 $1,401,085 $1,119,978 $281,107
2023 $16,031 $1,373,614 $1,098,018 $275,596
2022 $14,962 $1,346,682 $1,076,489 $270,193
2021 $15,286 $1,320,278 $1,055,382 $264,896
2019 $14,726 $1,281,120 $1,024,080 $257,040
2018 $1,260 $89,792 $44,143 $45,649
2016 $1,193 $86,307 $42,430 $43,877
2015 $1,171 $85,011 $41,793 $43,218
2014 $1,166 $83,347 $40,975 $42,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25129739

California Regional Multiple Listing Service (CRMLS)

APN: 5383-024-032