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1831 Lee Avenue

1831 Lee Avenue, Arcadia, CA 91006
Property in Arcadia
Sold Jun 12, 2013
$750,000
$180,000 by East West Bank
Mortgage Due Jul 01, 2043
1831 Lee Avenue has been categorized by the local assessors in Arcadia, CA as a residential type of property. The building on the property was first built in 1951 and is 73 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1831 Lee Avenue has 1,290 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,070 ft and across the front of the lot is 780 ft. The area measurement of the land has been determined as 8,061 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a hip style roof made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in May 23, 2013 for $750,000. That's $581.40 per sqft. 1831 Lee Avenue was last assessed in 2023. The total value of the property was assessed at $887,698. Specifically, the land the property is located on was valued at $710,162. While improvements on the property were assessed at a total of $177,536. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $9,931. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,061
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 780
  • Total Building Area: 1,290
  • Building Area: 1,290
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,290
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 16872
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 16872 LOT/SEC 24

Ownership

  • Current Owner : LIN PAI YUN
  • Previous Owner : SCHMIDT SMITTY L

Neighborhood

  • School District Name: Arcadia Unified School District
  • Census Tract: 430803

Zoning

  • Zoning: ARR1YY

Geography

  • Assessors Map Reference: 38-E1
  • Subdivision Tract Number: 16872
  • Parcel: 5789-010-008
  • Lot: 24
  • Municipality: EAST /ARCADIA S DUART
  • Latitude: 34.1182
  • Longitude: -118.026

    Address

  • Full Address: 1831 Lee Ave
  • Address - House Number: 1831
  • Address - Street Name: Lee
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Arcadia
  • Carrier Code: C011
  • 4-Digit Zip Code: 4641
  • Zip Code: 91006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,931
  • Tax Rate Code Area: 01-887

    Appraisal Valuation

  • Standard Deviation: 0.2232
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,310,855
  • High Value: 1,603,531
  • Low Value: 1,018,179

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Jun 12, 2013
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $180,000
  • 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: Jul 01, 2043

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $887,698
  • Assessed Land Value: $710,162
  • Assessed Improvements Value: $177,536

    Sales

  • Current Sale Contract Date: May 23, 2013
  • Current Sale Recording Date: Jun 12, 2013
  • Current Sale Transaction ID: 1027903608
  • Current Sale Price: $750,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13-0877273

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Jun 12, 2013
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2043

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Arcadia



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Frequently Asked Questions

What neighborhood is 1831 Lee Avenue located in?
The 1831 Lee Avenue is a located in the neighborhood of Arcadia in Arcadia, Arcadia.
What is the average sales price for listings in 1831 Lee Avenue?
The average sales price for units in 1831 Lee Avenue is $0 currently.

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