NOT LISTED FOR SALE

940 Fairview Ave Unit 1 Arcadia, CA 91007

Estimated Value: $897,000 - $1,006,000

3 Beds
2.5 Baths
1,544 Sq Ft
$607/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $870,000 $563 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,097/month

28 Days on Market

Highlights

  • Updated Kitchen
  • 0.62 Acre Lot
  • 1 Car Direct Access Garage
  • Baldwin Stocker Elementary School Rated A
  • Balcony
  • 2-minute walk to Tripolis Friendship Park

About This Home

As of May 2022

Beautiful townhome in the highly desirable city of Arcadia with Arcadia school district. Fully upgraded end unit townhouse with bright and open floor plan that comes with a large living area of 1544 sq ft. This gorgeous home features with living room, dining room, 3 spacious bedrooms, 2.5 bathrooms, indoor laundry, attached one car garage, one covered carport space and a nice back patio area. This move-in condition home features brand new laminate flooring, new paint and new window coverings. Fully upgraded kitchen and bathrooms. Just a short distance away from major streets, shopping and restaurants! Low HOA! Really need to see to appreciate!

Last Agent to Sell the Property

Monica Kiang

Grand Property Services License #01204664 Listed on: 03/24/2022

Last Buyer's Agent

Alvin Wan

888 Realty License #01965451

888 Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,374

Year Built

  • Built in 1970

Lot Details

  • 1 Common Wall
  • Wood Fence

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 1 Detached Carport Space
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Assigned Parking

Interior Spaces

  • 1,544 Sq Ft Home
  • Sliding Doors
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting

Schools

  • Baldwin Stocker Elementary School
  • First Avenue Middle School
  • Arcadia High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Master Insurance
  • 12 Units
  • Casas De Arcadia Association, Phone Number (626) 555-1212

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 30297
  • Assessor Parcel Number 5783004029
  • $627 per year additional tax assessments

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,374

Year Built

Built in 1970

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: ARR3*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5783004029
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1544.00 Square Feet
  • Interior Amenities: Balcony
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 563.47
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Bedroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport, Direct Garage Access, Garage, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Trash
  • Association Fee: 150.00
  • Association Fee Frequency: Monthly
  • Association Name: Casas De Arcadia
  • Phone: 626-555-1212
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: HOA

Schools

  • School District: Arcadia Unified
  • Elementary School: Baldwin Stocker
  • Middle School: First Avenue
  • High School: Arcadia
  • Elementary School: Baldwin Stocker
  • High School: Arcadia
  • Middle Or Junior School: First Avenue
  • Elementary School #2: BALSTO
  • High School2: ARCADI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 26882.00
  • Lot Size Acres: 0.6171

Multi Family

  • Lease Considered: No
  • Lot Size Area: 26882.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 6

Tax Info

  • Tax Census Tract: 4307.24
  • Tax Lot: 1
  • Tax Tract Number: 30297
  • TaxOtherAnnualAssessmentAmount: 627.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
May 20, 2022
Sold by
Yi-Wen Lin
Bought by
Zhang Houglei and Liu Jing
Seller's Agent
Monica Kiang
Grand Property Services
Buyer's Agent
Alvin Wan
888 Realty
List Price
$820,000
Sold Price
$870,000
Premium/Discount to List
$50,000
6.1%
Current Estimated Value
$920,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,100
Avg. Annual Appreciation
2.32%
Original Mortgage
$696,000
Outstanding Balance
$657,070
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$279,469

Purchase Details

Closed on
Oct 3, 2005
Sold by
Lin Wei Zei
Bought by
Lin Yi Wen

Purchase Details

Closed on
Oct 3, 1997
Sold by
Lin Wei Zei
Bought by
Lin Wei Zei and Lin Yi Wen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.54%

Purchase Details

Closed on
Sep 25, 1997
Sold by
Lin Yen Te Yun
Bought by
Lin Wei Zei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.54%

Purchase Details

Closed on
Sep 2, 1997
Sold by
Lin Chi Feng
Bought by
Lin Yi Wen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.54%

Purchase Details

Closed on
Sep 19, 1996
Sold by
Manning Hubert S
Bought by
Contreras Inez Maria

Purchase Details

Closed on
Sep 18, 1995
Sold by
Contreras Ricardo Carlos
Bought by
Contreras Inez Maria
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
Zhang Houglei $870,000 Fidelity National Title
Lin Yi Wen -- --
Lin Wei Zei -- --
Lin Wei Zei -- Stewart Title
Lin Wei Zei $165,000 Stewart Title
Lin Yi Wen -- --
Contreras Inez Maria -- Stewart Title
Contreras Inez Maria -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Houglei $696,000
Previous Owner Lin Wei Zei $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $870,000 +6.1% $563 / Sq Ft
03/24/2022 03/24/22 For Sale $820,000 -- $531 / 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 $10,374 $923,249 $637,255 $285,994
2024 $10,374 $905,147 $624,760 $280,387
2023 $10,157 $887,400 $612,510 $274,890
2022 $3,210 $248,244 $68,899 $179,345
2021 $3,147 $243,378 $67,549 $175,829
2019 $3,145 $236,162 $65,547 $170,615
2018 $2,978 $231,532 $64,262 $167,270
2016 $2,849 $222,543 $61,767 $160,776
2015 $2,802 $219,201 $60,840 $158,361
2014 $2,771 $214,908 $59,649 $155,259
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22058887

California Regional Multiple Listing Service (CRMLS)

APN: 5783-004-029