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2505 Paxson Lane

2505 Paxson Lane, Arcadia, CA 91007
Property in Arcadia
Sold Oct 31, 2006
$935,000
$748,000 by Nbgi Inc
Mortgage Due Nov 01, 2036
2505 Paxson Lane in Arcadia, CA was first built in 1956 and is 68 years old. Although, the building on the property was most recently renovated and altered in 1960. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2505 Paxson Lane has 1,911 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,050 ft and the linear feet between the front and back of the lot is 1,340. In total, the area measurement of the land is 14,034 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of wood shake/ shingles. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Oct 13, 2006 for $935,000. That's $489.27 per sqft. 2505 Paxson Lane was last assessed in 2023. The total value of the property was assessed at $1,210,512. Specifically, the land the property is located on was valued at $963,242. While improvements on the property were assessed at a total of $247,270. 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 $13,372. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1956
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 14,034
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 1,911
  • Building Area: 1,911
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,911
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 27240
  • Land Acres: 0.322
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 27240 EX OF ST LOT/SEC 3

Ownership

  • Current Owner : TRUONG HAO CHI
  • Current Owner 2: TRUONG IRENE MAY
  • Previous Owner : LEE KWAN
  • Previous Owner 2: LEE HEJA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Arcadia Unified School District
  • Census Tract: 431600

Zoning

  • Zoning: ARR17500*

Geography

  • Assessors Map Reference: 38-E2
  • Subdivision Tract Number: 27240
  • Parcel: 5788-013-028
  • Lot: 3
  • Municipality: EAST /ARCADIA S DUART
  • Latitude: 34.11
  • Longitude: -118.035

    Address

  • Full Address: 2505 Paxson Ln
  • Address - House Number: 2505
  • Address - Street Name: Paxson
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Arcadia
  • Carrier Code: C014
  • 4-Digit Zip Code: 8538
  • Zip Code: 91007

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,372
  • Tax Rate Code Area: 01-893

    Appraisal Valuation

  • Standard Deviation: 0.2279
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 1,602,361
  • High Value: 1,967,633
  • Low Value: 1,237,089

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,203,000
  • First Open Lien Mortgage Lender: NBGI INC
  • First Open Lien Mortgage Recording Date: Oct 31, 2006
  • First Open Lien Mortgage Loan Amount: $748,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2036
  • Second Open Lien Mortgage Lender: DANCO INC
  • Second Open Lien Mortgage Recording Date: Aug 25, 2022
  • Second Open Lien Mortgage Loan Amount: $455,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,210,512
  • Assessed Land Value: $963,242
  • Assessed Improvements Value: $247,270

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 13, 2006
  • Current Sale Recording Date: Oct 31, 2006
  • Current Sale Transaction ID: 1041107519
  • Current Sale Price: $935,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 06-2409493

    Last Sale Mortgage

  • First Mortgage Lender: NBGI INC
  • First Mortgage Transaction Date: Oct 31, 2006
  • First Mortgage Loan Amount: $748,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2036

About Arcadia



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Frequently Asked Questions

What neighborhood is 2505 Paxson Lane located in?
The 2505 Paxson Lane is a located in the neighborhood of Arcadia in Arcadia, Arcadia.
What is the average sales price for listings in 2505 Paxson Lane?
The average sales price for units in 2505 Paxson Lane is $0 currently.

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