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703 Sharon Road

703 Sharon Road, Arcadia, CA 91007
Property in Arcadia
Sold Sep 29, 2023
$1,800,000
$1,080,000 by East West Bank
Mortgage Due Oct 01, 2053
Sold Oct 01, 1998
$510,000
$357,000 by Republic Consumer Lending Grou
Mortgage Due Oct 01, 2028
703 Sharon Road 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 1991 and is 33 years old. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 703 Sharon Road has 3,794 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,112 square feet.

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 D by the local assessor. 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. The property was last sold in Sep 8, 2023 for $1,800,000. That's $474.43 per sqft. Prior to that sales transaction, the property was also sold in Aug 31, 1998 for $510,000. 703 Sharon Road was last assessed in 2023. The total value of the property was assessed at $768,471. Specifically, the land the property is located on was valued at $452,043. While improvements on the property were assessed at a total of $316,428. 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 $8,675. 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: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,112
  • Total Building Area: 3,794
  • Building Area: 3,794
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,794
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 47234
  • Land Acres: 0.209
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=47234 EX OF STS LOT 1

Ownership

  • Current Owner : HE WENZHONG
  • Current Owner 2: CHEN MIN
  • Previous Owner : LYOU KE-CHENG
  • Previous Owner 2: LIU ALICE HWI-LIN
  • Owner Before Previous Owner: HUANG EMILY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Temple City Unified School District
  • Census Tract: 431701

Zoning

  • Zoning: ARR175*

Geography

  • Assessors Map Reference: 38-C1
  • Subdivision Tract Number: 47234
  • Parcel: 5383-030-050
  • Lot: 1
  • Municipality: EAST /TEMPLE CITY
  • Latitude: 34.1198
  • Longitude: -118.055

    Address

  • Full Address: 703 Sharon Rd
  • Address - House Number: 703
  • Address - Street Name: Sharon
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Arcadia
  • Carrier Code: C048
  • 4-Digit Zip Code: 7888
  • Zip Code: 91007

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,675
  • Tax Rate Code Area: 09-251

    Appraisal Valuation

  • Standard Deviation: 0.0676
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 96
  • Final Value: 1,895,535
  • High Value: 2,023,732
  • Low Value: 1,767,337

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,080,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Sep 29, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,080,000
  • 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: Oct 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $768,471
  • Assessed Land Value: $452,043
  • Assessed Improvements Value: $316,428

    Sales

  • Current Sale Contract Date: Sep 08, 2023
  • Current Sale Recording Date: Sep 29, 2023
  • Current Sale Transaction ID: 11913688303
  • Current Sale Price: $1,800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 660840
  • Previous Sale Recording Date: Oct 01, 1998
  • Previous Sale Contract Date: Aug 31, 1998
  • Previous Sale Amount: $510,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Sep 29, 2023
  • First Mortgage Loan Amount: $1,080,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: REPUBLIC CONSUMER LENDING GROU
  • Previous Mortgage Transaction Date: Oct 01, 1998
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $357,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2028

About Arcadia



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Frequently Asked Questions

What neighborhood is 703 Sharon Road located in?
The 703 Sharon Road is a located in the neighborhood of Arcadia in Arcadia, Arcadia.
What is the average sales price for listings in 703 Sharon Road?
The average sales price for units in 703 Sharon Road is $0 currently.

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