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1011 South 2nd Avenue

1011 South 2nd Avenue, Arcadia, CA 91006
Property in Arcadia
Sold Aug 03, 2007
$2,000,000
$1,200,200 by Arc Home Llc
Mortgage Due Sep 01, 2051
Sold May 06, 2005
$816,000
Local assessors in Arcadia, CA have categorized 1011 South 2nd Avenue as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 15,324 square feet. The linear feet between the front and back of the lot was measured at 2,200 ft and the front of the lot was measured at 700 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 6 full bathrooms. There are also 6 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1011 South 2nd Avenue has a total of 5,831 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1011 South 2nd Avenue sold most recently in Jul 26, 2007 for a total of $2,000,000. If you work out the math, that's approximately a cost of $342.99 per sqft. Before that, the property was also sold for $816,000 in Mar 23, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $27,532 in taxes each year. 1011 South 2nd Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,525,017. If we break it down further, the land itself was valued at $1,027,555. Improvements to the property, however, were assessed at a total of $1,497,462. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,324
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 5,831
  • Building Area: 5,831
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,831
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 808
  • Land Acres: 0.352
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 808 N 70 FT OF S 140 FT OF LOT/SEC 15

Ownership

  • Current Owner : CHENG PAUL
  • Previous Owner : CHEN JIA LUN
  • Previous Owner 2: TJAKRAADINATA KAREL
  • Owner Before Previous Owner: CHEUNG CHUN YA
  • Owner Before Previous Owner 2: ZHENG MIN QIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Arcadia Unified School District
  • Census Tract: 430802

Zoning

  • Zoning: ARR175

Geography

  • Assessors Map Reference: 28-E6
  • Subdivision Tract Number: 808
  • Parcel: 5781-006-020
  • Lot: 15
  • Municipality: EAST /ARCADIA S DUART
  • Latitude: 34.1291
  • Longitude: -118.025

    Address

  • Full Address: 1011 S 2nd Ave
  • Address - House Number: 1011
  • Street Direction: S
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Arcadia
  • Carrier Code: C040
  • 4-Digit Zip Code: 4104
  • Zip Code: 91006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,532
  • Tax Rate Code Area: 01-887

    Appraisal Valuation

  • Standard Deviation: 0.2242
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 3,329,479
  • High Value: 4,076,215
  • Low Value: 2,582,744

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,200
  • First Open Lien Mortgage Lender: ARC HOME LLC
  • First Open Lien Mortgage Recording Date: Aug 02, 2021
  • First Open Lien Mortgage Loan Amount: $1,200,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,525,017
  • Assessed Land Value: $1,027,555
  • Assessed Improvements Value: $1,497,462

    Sales

  • Current Sale Contract Date: Jul 26, 2007
  • Current Sale Recording Date: Aug 03, 2007
  • Current Sale Transaction ID: 1014361200
  • Current Sale Price: $2,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 07-1839610
  • Previous Sale Recording Date: May 06, 2005
  • Previous Sale Contract Date: Mar 23, 2005
  • Previous Sale Amount: $816,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Mortgage Transaction Date: Aug 03, 2007
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2037

About Arcadia



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Frequently Asked Questions

What neighborhood is 1011 South 2nd Avenue located in?
The 1011 South 2nd Avenue is a located in the neighborhood of Arcadia in Arcadia, Arcadia.
What is the average sales price for listings in 1011 South 2nd Avenue?
The average sales price for units in 1011 South 2nd Avenue is $0 currently.

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