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403 West Palm Drive

403 West Palm Drive, Arcadia, CA 91007
Property in Arcadia
Sold Aug 17, 2022
$2,260,000
$1,500,000 by Citibank Na
Mortgage Due Sep 01, 2052
Sold Jul 29, 2002
$948,000
$200,000 by Downey S/l
Mortgage Due Aug 01, 2032
Local assessors in Arcadia, CA have categorized 403 West Palm Drive as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 15,848 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 5 full bathrooms. There are also 5 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 403 West Palm Drive has a total of 4,715 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. 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. 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, 403 West Palm Drive was last sold in Aug 1, 2022 for $2,260,000. According to our calculations, that's $479.32 per sqft. Prior to that sales transaction, the property was sold for $948,000 in Jul 24, 2002. Current property owners are expected to pay $14,731 in taxes per year. The property on 403 West Palm Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,002,338. To break that down further, the land itself was valued at $1,220,481. While improvements to the property were assessed at a total of $781,857. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,848
  • Total Building Area: 4,715
  • Building Area: 4,715
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,715
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: E J BALDWINS ADD
  • Land Acres: 0.364
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P M 249-85-86 S 9 FT OF E 126 FT OF LOT 1 AND ALL OF LOT 2

Ownership

  • Current Owner : GAO AND DUAN FAMILY TRUST
  • Previous Owner : KOH CHENG KOH AND HSIAO YU HWA FAMILY TR
  • Owner Before Previous Owner: ZHU OLANG
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: ARR1YY

Geography

  • Parcel: 5787-007-026
  • Lot: 1,2
  • Municipality: EAST /ARCADIA S DUART
  • Latitude: 34.1117
  • Longitude: -118.046

    Address

  • Full Address: 403 W Palm Dr
  • Address - House Number: 403
  • Street Direction: W
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Arcadia
  • Carrier Code: C028
  • 4-Digit Zip Code: 8311
  • Zip Code: 91007

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,731
  • Tax Rate Code Area: 09-182

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 2,315,395
  • High Value: 2,472,267
  • Low Value: 2,158,523

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Aug 17, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • 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: Sep 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,002,338
  • Assessed Land Value: $1,220,481
  • Assessed Improvements Value: $781,857

    Sales

  • Current Sale Contract Date: Aug 01, 2022
  • Current Sale Recording Date: Aug 17, 2022
  • Current Sale Transaction ID: 11894470806
  • Current Sale Price: $2,260,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 822400
  • Previous Sale Recording Date: Jul 29, 2002
  • Previous Sale Contract Date: Jul 24, 2002
  • Previous Sale Amount: $948,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Aug 17, 2022
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: DOWNEY S/L
  • Previous Mortgage Transaction Date: Jul 29, 2002
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2032

About Arcadia



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Frequently Asked Questions

What neighborhood is 403 West Palm Drive located in?
The 403 West Palm Drive is a located in the neighborhood of Arcadia in Arcadia, Arcadia.
What is the average sales price for listings in 403 West Palm Drive?
The average sales price for units in 403 West Palm Drive is $0 currently.

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