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566 South 2nd Avenue

566 South 2nd Avenue, Arcadia, CA 91006
Property in Arcadia
Sold May 31, 2023
$1,458,000
Sold Dec 13, 2017
$1,325,000
Buyer
Seller
$530,000 by Pmac Lending Services Inc
Mortgage Due Jan 01, 2048
566 South 2nd Avenue in Arcadia, CA was first built in 2015 and is 9 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 566 South 2nd Avenue has 2,510 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. In total, the area measurement of the land is 56,563 square feet.

Learn more about the property and building on this page. 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 A. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in May 9, 2023 for $1,458,000. That's $580.88 per sqft. Prior to that sales transaction, the property was also sold in Nov 13, 2017 for $1,325,000. 566 South 2nd Avenue was last assessed in 2022. The total value of the property was assessed at $1,420,664. Specifically, the land the property is located on was valued at $890,784. While improvements on the property were assessed at a total of $529,880. 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 $15,778. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 56,563
  • Total Building Area: 2,510
  • Building Area: 2,510
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,510
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SIENNA VILLA INC
  • Land Acres: 1.299
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR=72869 POR LOT 1 CONDO UNIT 6 (AIRSPACE AND 1/20 INT IN COMMON AREA)

Ownership

  • Current Owner : HOU JU
  • Previous Owner : DREAMER 2019 REVOCABLE TRUST
  • Owner Before Previous Owner: LIU YAN MING
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Arcadia Unified School District
  • Census Tract: 430801

Zoning

  • Zoning: ARR2*

Geography

  • Subdivision Tract Number: 72869
  • Parcel: 5779-008-070
  • Lot: 1
  • Municipality: EAST /OYO & COOPS
  • Latitude: 34.1339
  • Longitude: -118.025

    Address

  • Full Address: 566 S 2nd Ave
  • Address - House Number: 566
  • Street Direction: S
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Arcadia
  • Carrier Code: C047
  • 4-Digit Zip Code: 3841
  • Zip Code: 91006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,778
  • Tax Rate Code Area: 01-871

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 96
  • Final Value: 1,462,485
  • High Value: 1,561,619
  • Low Value: 1,363,351

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,420,664
  • Assessed Land Value: $890,784
  • Assessed Improvements Value: $529,880

    Sales

  • Current Sale Contract Date: May 09, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Transaction ID: 11907268126
  • Current Sale Price: $1,458,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 353679
  • Previous Sale Recording Date: Dec 13, 2017
  • Previous Sale Contract Date: Nov 13, 2017
  • Previous Sale Amount: $1,325,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: PMAC LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Dec 13, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $530,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jan 01, 2048

About Arcadia



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Frequently Asked Questions

What neighborhood is 566 South 2nd Avenue located in?
The 566 South 2nd Avenue is a located in the neighborhood of Arcadia in Arcadia, Arcadia.
What is the average sales price for listings in 566 South 2nd Avenue?
The average sales price for units in 566 South 2nd Avenue is $0 currently.

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