NOT LISTED FOR SALE

8862 Arcadia Ave San Gabriel, CA 91775

Estimated Value: $1,087,000 - $1,302,054

2 Beds
1 Bath
1,490 Sq Ft
$794/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $960,000 $644 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,422/month

50 Days on Market

Highlights

  • 0.37 Acre Lot
  • No HOA
  • Laundry Room
  • Pasadena High School Rated A
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property

About This Home

As of November 2020

LAND & LOCATION! Attention Investors/Builders/Contractors/Developers! Here is the greatest potential on the market, with the possibility to improve the existing residence or develop multiple units. Los Angeles County Jurisdiction, Zoned R-A (Residential Agricultural). Over 16,000 sq. ft. lot (.37 acre) on a beautiful and quiet tree lined street close to shopping and schools. The existing residence offers 1,490 sq. ft. of living space with 2 bedrooms, 1 bathroom. The detached 960 sq. ft. 4 car garage includes a restroom (Water/Power within garage at rear of property). The property is being sold in "AS-IS" condition.

Last Agent to Sell the Property

Shari Dawes

Drive Real Estate, Inc. License #01957836 Listed on: 07/12/2020

Last Buyer's Agent

Ting Chu

IRN REALTY License #01912651

IRN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,700

Year Built

  • Built in 1915

Lot Details

  • 0.37 Acre Lot
  • Density is 6-10 Units/Acre
  • Property is zoned LCRA05

Parking

  • 4 Car Garage

Interior Spaces

  • 1,490 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 50
  • Tax Tract Number 4850
  • Assessor Parcel Number 5379013015

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,700

Year Built

Built in 1915

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 9513341139
  • Inclusions: Shed in Backyard & Refrigerator in Kitchen
  • Property Attached: No
  • View: No
  • Zoning: LCRA05
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5379013015
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1490.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 644.30
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 16107.00
  • Lot Size Acres: 0.3698

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16107.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4800.11
  • Tax Lot: 50
  • Tax Tract Number: 4850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2020
Closed on
Nov 8, 2020
Sold by
Dawes Michael D and The Paul W Walker 2013 Trust
Bought by
Lin Weixiong
Seller's Agent
Shari Dawes
Drive Real Estate, Inc.
Buyer's Agent
Ting Chu
IRN REALTY
List Price
$990,000
Sold Price
$960,000
Premium/Discount to List
-$30,000
-3.03%
Current Estimated Value
$1,183,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,264
Avg. Annual Appreciation
3.96%
Original Mortgage
$680,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 17, 2013
Sold by
Parker Paul W
Bought by
Parker Paul W and Paul W Parker 2013 Trust
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
Lin Weixiong $950,000 First American Title
Parker Paul W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Weixiong $785,000
Closed Lin Weixiong $765,000
Closed Lin Weixiong $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $960,000 -3.0% $644 / Sq Ft
09/08/2020 09/08/20 Price Changed $990,000 0.0% $664 / Sq Ft
09/08/2020 09/08/20 For Sale $990,000 -5.7% $664 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/21/2020 08/21/20 Price Changed $1,050,000 -8.7% $705 / Sq Ft
08/17/2020 08/17/20 Price Changed $1,150,000 -4.2% $772 / Sq Ft
08/01/2020 08/01/20 Price Changed $1,200,000 -7.7% $805 / Sq Ft
07/12/2020 07/12/20 For Sale $1,300,000 -- $872 / 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 $11,700 $1,028,309 $822,648 $205,661
2024 $11,700 $1,008,147 $806,518 $201,629
2023 $11,599 $988,380 $790,704 $197,676
2022 $11,202 $969,000 $775,200 $193,800
2021 $11,704 $950,000 $760,000 $190,000
2019 $1,578 $90,781 $49,828 $40,953
2018 $1,410 $89,001 $48,851 $40,150
2016 $1,348 $85,547 $46,955 $38,592
2015 $1,332 $84,263 $46,250 $38,013
2014 $1,322 $82,614 $45,345 $37,269
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20137029

California Regional Multiple Listing Service (CRMLS)

APN: 5379-013-015