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2509 Paxson Lane

2509 Paxson Lane, Arcadia, CA 91007
Property in Arcadia
Sold Oct 16, 2015
$928,000
$742,400 by New York Community Bank
Mortgage Due Nov 01, 2045
2509 Paxson Lane 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 1962 and is 62 years old. The home has a total of 9 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, 2509 Paxson Lane has 1,769 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 1,080 ft and across the front of the lot is 640 ft. The area measurement of the land has been determined as 6,436 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. Moving on to the building itself. The condition of the building has been evaluated as good. 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 C 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. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2509 Paxson Lane was last sold in Oct 13, 2015 for $928,000. According to our calculations, that's $524.59 per sqft. Current property owners are expected to pay $11,695 in taxes per year. The property on 2509 Paxson Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,055,899. To break that down further, the land itself was valued at $844,721. While improvements to the property were assessed at a total of $211,178. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • 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: 6,436
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 640
  • Total Building Area: 1,769
  • Building Area: 1,769
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,769
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 27240
  • Land Acres: 0.148
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 27240 EX OF ST LOT/SEC 2

Ownership

  • Current Owner : HO DAVID
  • Current Owner 2: BANG JOAN
  • Previous Owner : TSAO JEFF CHUN YEE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: ARR1YY

Geography

  • Assessors Map Reference: 38-E2
  • Subdivision Tract Number: 27240
  • Parcel: 5788-013-027
  • Lot: 2
  • Municipality: EAST /ARCADIA S DUART
  • Latitude: 34.1102
  • Longitude: -118.034

    Address

  • Full Address: 2509 Paxson Ln
  • Address - House Number: 2509
  • 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: $11,695
  • Tax Rate Code Area: 01-893

    Appraisal Valuation

  • Standard Deviation: 0.2235
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,486,032
  • High Value: 1,818,270
  • Low Value: 1,153,793

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $742,400
  • First Open Lien Mortgage Lender: NEW YORK COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Oct 16, 2015
  • First Open Lien Mortgage Loan Amount: $742,400
  • 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: Nov 01, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,055,899
  • Assessed Land Value: $844,721
  • Assessed Improvements Value: $211,178

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 13, 2015
  • Current Sale Recording Date: Oct 16, 2015
  • Current Sale Transaction ID: 1326980253
  • Current Sale Price: $928,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-1275728

    Last Sale Mortgage

  • First Mortgage Lender: NEW YORK COMMUNITY BANK
  • First Mortgage Transaction Date: Oct 16, 2015
  • First Mortgage Loan Amount: $742,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2045

About Arcadia



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Frequently Asked Questions

What neighborhood is 2509 Paxson Lane located in?
The 2509 Paxson Lane is a located in the neighborhood of Arcadia in Arcadia, Arcadia.
What is the average sales price for listings in 2509 Paxson Lane?
The average sales price for units in 2509 Paxson Lane is $0 currently.

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