NOT LISTED FOR SALE

940 Fairview Ave Unit 3 Arcadia, CA 91007

Estimated Value: $884,000 - $905,000

3 Beds
3 Baths
1,588 Sq Ft
$565/Sq Ft Est. Value

Last Sold July 05, 2016

Last sale price $570,000 $359 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,732/month

11 Days on Market

Highlights

  • 26,378 Sq Ft lot
  • Private Yard
  • Views
  • Baldwin Stocker Elementary School Rated A
  • 1 Car Attached Garage
  • 2-minute walk to Tripolis Friendship Park

About This Home

As of July 2016

Beautiful Townhome in the highly desirable city of Arcadia with Arcadia schools. This gorgeous home features 3 bedrooms and 2.5 bathrooms. An open floor plan with a large living area of 1,588 sq ft. This move-in condition home features upgraded floors, new paint, central air and heat, spacious bedrooms, attached garage, and a nice back patio area. Low HoA dues of only $150/mo which includes water and electricity for the common areas, trash, building insurance, and outside maintenance. This home is clean, inviting and is great for entertaining. Excellent location. Close to schools, freeway, transportation, and shopping centers. Move-right in. This one will go fast.

Last Agent to Sell the Property

Rudy Kusuma

Partner Real Estate License #01820322 Listed on: 05/13/2016

Partner Real Estate

Co-Listed By

Kyle Ngo

eXp Realty of California Inc License #01349529

Last Buyer's Agent

David Wong

Pinnacle Real Estate Group License #01325743

Pinnacle Real Estate Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,602

Year Built

  • Built in 1970

Lot Details

  • 0.61 Acre Lot
  • Two or More Common Walls
  • Private Yard

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Carport Space

Home Design

  • 1,588 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air

Additional Features

  • Property Views

Community Details

  • 12 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4307
  • Assessor Parcel Number 5783004031

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,602

Year Built

Built in 1970

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5783004031
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1588.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Levels: Two
  • Price Per Square Foot: 358.94
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available, Water Available
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 150.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Arcadia Unified

Lot Info

  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 26378.00
  • Price Per Lot Square Foot: 21.61

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 4307

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2016
Closed on
Jun 22, 2016
Sold by
Lee Gene
Bought by
Yu Stanley Man Fong and Li Le Qi
Seller's Agent
Rudy Kusuma
Partner Real Estate
Buyer's Agent
David Wong
Pinnacle Real Estate Group
List Price
$550,000
Sold Price
$570,000
Premium/Discount to List
$20,000
3.64%
Current Estimated Value
$903,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,877
Avg. Annual Appreciation
5.11%
Original Mortgage
$416,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2012
Sold by
Lee Gene
Bought by
Lee Gene and Lee Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2009
Sold by
Bae Sun Kyu and Bae Serina Unchu
Bought by
Lee Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,194
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 2004
Sold by
Bae Sun Kyu and Bae Serina
Bought by
Bae Sun Kyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2004
Sold by
Sanchez Ben and Sanchez Mirella V
Bought by
Bae Sun Kyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
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
Yu Stanley Man Fong $570,000 Fatcola
Lee Gene -- None Available
Lee Gene $487,000 Fidelity National Title Co
Bae Sun Kyu -- Southland Title
Bae Sun Kyu $415,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Stanley Man Fong $372,000
Closed Yu Stanley Man Fong $375,526
Closed Yu Stanley Man Fong $416,000
Previous Owner Lee Gene $356,000
Previous Owner Lee Gene $421,194
Previous Owner Bae Sun Kyu $332,000
Previous Owner Sanchez Ben $193,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2016 07/05/16 Sold $570,000 +3.6% $359 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $550,000 -- $346 / 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 $7,602 $661,528 $424,423 $237,105
2024 $7,602 $648,557 $416,101 $232,456
2023 $7,444 $635,842 $407,943 $227,899
2022 $7,203 $623,376 $399,945 $223,431
2021 $7,069 $611,153 $392,103 $219,050
2019 $6,969 $593,027 $380,474 $212,553
2018 $6,727 $581,400 $373,014 $208,386
2016 $6,235 $531,025 $329,956 $201,069
2015 $6,128 $523,049 $325,000 $198,049
2014 $6,045 $512,804 $318,634 $194,170
Source: Public Records

Agents Affiliated with this Home

  • Rudy Kusuma

    Seller's Agent in 2016

    Rudy Kusuma

    Partner Real Estate

    (626) 899-5120

    3 in this area

    201 Total Sales

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  • Kyle Ngo

    Seller Co-Listing Agent in 2016

    Kyle Ngo

    eXp Realty of California Inc

    (626) 215-2368

    2 in this area

    53 Total Sales

    Section Image
  • David Wong

    Buyer's Agent in 2016

    David Wong

    Pinnacle Real Estate Group

    (626) 780-9156

    1 in this area

    61 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16101809

California Regional Multiple Listing Service (CRMLS)

APN: 5783-004-031

California Los Angeles County Arcadia 91007

940 Fairview Ave Unit 3, Arcadia, CA

This home is located at 940 Fairview Ave Unit 3, Arcadia, CA 91007 since 13 May 2016 and is currently estimated at $897,091, approximately $564 per square foot. This property was built in 1970. 940 Fairview Ave Unit 3 is a home located in Los Angeles County with nearby schools including Baldwin Stocker Elementary School, First Avenue 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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