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408 East Lemon Avenue

408 East Lemon Avenue, Arcadia, CA 91006
Property in Arcadia
Sold Jun 21, 2023
$1,110,000
$500,000 by Zions Bancorporation Na
Mortgage
408 East Lemon 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 1949 and is 75 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 408 East Lemon Avenue has 900 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 1,130 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 8,185 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 gable 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 24, 2023 for $1,110,000. That's $1,233.33 per sqft. 408 East Lemon Avenue was last assessed in 2023. The total value of the property was assessed at $71,332. Specifically, the land the property is located on was valued at $44,506. While improvements on the property were assessed at a total of $26,826. 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 $1,031. 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: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • 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: 8,185
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 750
  • Total Building Area: 900
  • Building Area: 900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 14651
  • Land Acres: 0.188
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 14651 LOT/SEC 8

Ownership

  • Current Owner : DAVID AND SHUILIEN CHEN HSU 2004 TRUST
  • Previous Owner : PATRICIA RAY FLAHERTY LIVING TRUST
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Oct 03, 2023

Neighborhood

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

Zoning

  • Zoning: ARR1YY

Geography

  • Assessors Map Reference: 38-F1
  • Subdivision Tract Number: 14651
  • Parcel: 5790-016-002
  • Lot: 8
  • Municipality: EAST /ARCADIA S DUART
  • Latitude: 34.1191
  • Longitude: -118.021

    Address

  • Full Address: 408 E Lemon Ave
  • Address - House Number: 408
  • Street Direction: E
  • Address - Street Name: Lemon
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Arcadia
  • Carrier Code: C009
  • 4-Digit Zip Code: 4821
  • Zip Code: 91006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,031
  • Tax Rate Code Area: 01-887

    Appraisal Valuation

  • Standard Deviation: 0.2156
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 70
  • Final Value: 1,088,406
  • High Value: 1,323,069
  • Low Value: 853,744

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: ZIONS BANCORPORATION NA
  • First Open Lien Mortgage Recording Date: Aug 21, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,332
  • Assessed Land Value: $44,506
  • Assessed Improvements Value: $26,826

    Sales

  • Current Sale Contract Date: May 24, 2023
  • Current Sale Recording Date: Jun 21, 2023
  • Current Sale Transaction ID: 11908144608
  • Current Sale Price: $1,110,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 403164

About Arcadia



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Frequently Asked Questions

What neighborhood is 408 East Lemon Avenue located in?
The 408 East Lemon Avenue is a located in the neighborhood of Arcadia in Arcadia, Arcadia.
What is the average sales price for listings in 408 East Lemon Avenue?
The average sales price for units in 408 East Lemon Avenue is $0 currently.

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