Check Availability

58 West Palm Drive

58 West Palm Drive, Arcadia, CA 91007
Property in Arcadia
Sold Oct 02, 2007
$2,188,000
$600,000 by Gbc International Bank
Mortgage
Sold Oct 01, 2007
$2,188,000
$784,500 by Indymac Commercial Lending Cor
Mortgage Due Oct 01, 2037
58 West Palm Drive 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 1926 and is 98 years old. The home has a total of 11 bedrooms. Residents will have access to 8 full bathrooms. There are 8 partial bathrooms in the home. In addition, 58 West Palm Drive has 7,084 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 3,560 ft and across the front of the lot is 1,090 ft. The area measurement of the land has been determined as 39,325 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a quadplex 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. 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 inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing floor/wall heating system. The property was last sold in Aug 15, 2007 for $2,188,000. That's $308.87 per sqft. Prior to that sales transaction, the property was also sold in Aug 15, 2007 for $2,188,000. 58 West Palm Drive was last assessed in 2023. The total value of the property was assessed at $2,762,373. Specifically, the land the property is located on was valued at $2,209,398. While improvements on the property were assessed at a total of $552,975. 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 $30,970. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1926
  • Effective Year Built: 1926
  • Building Count: 3
  • Bedroom Count: 11
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 7
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 39,325
  • Lot Size Depth Feet: 3,560
  • Lot Size Frontage Feet: 1,090
  • Total Building Area: 7,084
  • Building Area: 7,084
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 7,084
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4870
  • Land Acres: 0.903
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: TRACT # 4870 LOT 17 AND W 9 FT OF LOT/SEC 18

Ownership

  • Current Owner : LEE IDA S C
  • Previous Owner : OUZOUNIAN LIZA
  • Previous Owner 2: OUZOUNIAN FAMILY TRUST OF 2006
  • Owner Before Previous Owner: OUZOUNIAN LIZA
  • Owner Before Previous Owner 2: OUZOUNIAN FAMILY TRUST OF 2006

Neighborhood

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

Zoning

  • Zoning: ARR1YY

Geography

  • Assessors Map Reference: 38-E2
  • Subdivision Tract Number: 4870
  • Parcel: 5788-012-010
  • Lot: 17
  • Municipality: EAST /ARCDIA/SIER MAD
  • Latitude: 34.1111
  • Longitude: -118.033

    Address

  • Full Address: 58 W Palm Dr
  • Address - House Number: 58
  • Street Direction: W
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Arcadia
  • Carrier Code: C027
  • 4-Digit Zip Code: 5141
  • Zip Code: 91007

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,970
  • Tax Rate Code Area: 01-887

    Appraisal Valuation

  • Standard Deviation: 0.2183
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 70
  • Final Value: 2,275,540
  • High Value: 2,772,424
  • Low Value: 1,778,656

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: GBC INTERNATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jul 14, 2022
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,762,373
  • Assessed Land Value: $2,209,398
  • Assessed Improvements Value: $552,975

    Sales

  • Current Sale Contract Date: Aug 15, 2007
  • Current Sale Recording Date: Oct 02, 2007
  • Current Sale Transaction ID: 1036772997
  • Current Sale Price: $2,188,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 07-2258410
  • Previous Sale Recording Date: Oct 01, 2007
  • Previous Sale Contract Date: Aug 15, 2007
  • Previous Sale Amount: $2,188,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: INDYMAC COMMERCIAL LENDING COR
  • First Mortgage Transaction Date: Oct 02, 2007
  • First Mortgage Loan Amount: $784,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Oct 01, 2037

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: INDYMAC COMMERCIAL LENDING COR
  • Previous Mortgage Transaction Date: Oct 01, 2007
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $784,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 01, 2037

About Arcadia



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 5436 Cambury Avenue, Temple City, CA, 91780

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 932 ft²
5436 Cambury Avenue, Temple City, CA, 91780 Listing by JANE CHEN
Unit for rent at 1618 Mayflower Avenue, Arcadia, CA, 91006

$3,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
1618 Mayflower Avenue #A, Arcadia, CA, 91006 Listing by Alexander Yang
Unit for rent at 2803 Foss Avenue, Arcadia, CA, 91006

$3,600 /mo

  • 2 Beds
  • 1 Bath
  • 962 ft²
2803 Foss Avenue, Arcadia, CA, 91006 Listing by XUEMEI SUN
Unit for rent at 630 W Huntington Dr, Unit 216, Arcadia, CA, 91007

$3,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,732 ft²
630 W Huntington Dr, Unit 216, Arcadia, CA, 91007 Listing by LIHUI LI
Unit for rent at 452 W Huntington Drive, Arcadia, CA, 91007

$3,800 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,715 ft²
452 W Huntington Drive #E, Arcadia, CA, 91007 Listing by TERESA TING

Frequently Asked Questions

What neighborhood is 58 West Palm Drive located in?
The 58 West Palm Drive is a located in the neighborhood of Arcadia in Arcadia, Arcadia.
What is the average sales price for listings in 58 West Palm Drive?
The average sales price for units in 58 West Palm Drive is $0 currently.

Quantcast