NOT LISTED FOR SALE

928 Paloma Dr Arcadia, CA 91007

Estimated Value: $2,240,931 - $2,659,000

3 Beds
3 Baths
2,832 Sq Ft
$870/Sq Ft Est. Value

Last Sold October 08, 2019

Last sale price $1,610,000 $569 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $14,641/month

1 Day on Market

Highlights

  • Updated Kitchen
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Hugo Reid Elementary School Rated A
  • Cathedral Ceiling
  • No HOA

About This Home

As of October 2019

Prime location & "turn-key" single level home in a desirable Lower Ranch area. Ranch style home w/ copper plumbing on Paloma Dr, near distinguished Arcadia Hugo Reid Elem. School, Foothills Middle School and Arcadia High School. Newly upgraded and remodeled kitchen, 3 bedroom, 3 baths, W/ spacious master bedroom, entertaining patio and appealing gracious living room, formal dining room. Office and fireplaces and a huge garage and driveway that can park 6 cars or recreation vehicles This is a great investment opportunity with high return potential. The house is within distance to school bus and super market as well as Santa Anita Westfield Mall.

Last Agent to Sell the Property

Grace Chang

Wetrust Realty License #02053799 Listed on: 09/26/2019

Last Buyer's Agent

Alexandra Chen

IRN Realty License #02050192

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,597

Year Built

  • Built in 1951

Lot Details

  • 0.36 Acre Lot
  • Stone Wall
  • Front and Back Yard Sprinklers
  • On-Hand Building Permits
  • Property is zoned ARROD*

Parking

  • 2 Car Attached Garage
  • Parking Available

Interior Spaces

  • 2,832 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Den with Fireplace
  • Wood Flooring
  • Neighborhood Views
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in
  • Doors are 32 inches wide or more

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

  • Hugo Reid Elementary School
  • Foothills Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 12901
  • Assessor Parcel Number 5776010007

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,597

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: ARROD*
  • Property Condition: Building Permit
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5776010007
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2832.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 32 Inch Or More Wide Doors, Doors - Swing In
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Den, Family Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 568.50
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Office, Walk-In Closet
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Exterior Features: Barbecue Private, Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Stone
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central, Forced Air
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Arcadia Unified
  • Elementary School: Hugo Reid
  • Middle School: Foothills
  • Elementary School: Hugo Reid
  • Middle Or Junior School: Foothills
  • Elementary School #2: HUGREI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front, Sprinklers In Rear, Sprinklers Manual
  • Lot Size Sq Ft: 15664.00
  • Lot Size Acres: 0.3596

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15664.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4307.01
  • Tax Lot: 34
  • Tax Tract Number: 12901

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Oct 3, 2019
Sold by
Yang Hong
Bought by
Li Xiujing and Qi Mengmei
Seller's Agent
Grace Chang
Wetrust Realty
Buyer's Agent
Alexandra Chen
IRN Realty
List Price
$1,649,000
Sold Price
$1,610,000
Premium/Discount to List
-$39,000
-2.37%
Current Estimated Value
$2,463,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$853,233
Avg. Annual Appreciation
6.27%

Purchase Details

Closed on
Aug 19, 2009
Sold by
Yang Hong
Bought by
Yang Hong and 2009 Hong Yang Revocable Trust

Purchase Details

Closed on
Aug 15, 2008
Sold by
Roache Gary A and Roache Linda M
Bought by
Yang Hong

Purchase Details

Closed on
Aug 12, 2008
Sold by
Yang Shiyi
Bought by
Yang Hong

Purchase Details

Closed on
Aug 22, 2007
Sold by
Roache Gary A and Roache Linda M
Bought by
Roache Gary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$886,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2006
Sold by
Roache Gary A and Roache Linda M
Bought by
Roache Gary A

Purchase Details

Closed on
Mar 22, 2006
Sold by
Roache Gary A and Roache Linda M
Bought by
Roache Gary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 18, 2005
Sold by
Roache Gary A and Roache Linda M
Bought by
Roache Gary A

Purchase Details

Closed on
Sep 24, 2003
Sold by
Roache Linda M
Bought by
Roache Gary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2003
Sold by
Roache Gary A
Bought by
Roache Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
5.83%
Mortgage Type
Stand Alone Second
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
Li Xiujing $1,610,000 Provident Title Company
Yang Hong -- None Available
Yang Hong $1,349,000 Equity Title Los Angeles
Yang Hong -- Equity Title Los Angeles
Roache Gary A -- Accommodation
Roache Gary A -- United Title Company Orange
Roache Gary A -- None Available
Roache Gary A -- First American Title Co
Roache Gary A -- --
Roache Gary A -- First American Title Co
Roache Linda M -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roache Gary A $886,000
Previous Owner Roache Gary A $765,000
Previous Owner Roache Gary A $55,000
Previous Owner Roache Gary A $650,000
Previous Owner Roache Linda M $57,000
Previous Owner Roache Gary A $525,000
Previous Owner Roache Gary A $48,000
Previous Owner Roache Gary A $450,000
Previous Owner Roache Gary A $50,000
Previous Owner Roache Gary A $412,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2019 10/08/19 Sold $1,610,000 -2.4% $569 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $1,649,000 -- $582 / 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 $19,597 $3,307,321 $1,760,767 $1,546,554
2024 $19,597 $1,726,240 $1,380,994 $345,246
2023 $19,187 $1,692,393 $1,353,916 $338,477
2022 $18,553 $1,659,210 $1,327,369 $331,841
2021 $18,215 $1,626,678 $1,301,343 $325,335
2019 $17,546 $1,557,289 $990,710 $566,579
2018 $17,091 $1,526,755 $971,285 $555,470
2016 $16,730 $1,467,471 $933,570 $533,901
2015 $16,439 $1,445,429 $919,547 $525,882
2014 $16,206 $1,417,116 $901,535 $515,581
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19229176

California Regional Multiple Listing Service (CRMLS)

APN: 5776-010-007