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851 Palo Alto Drive

851 Palo Alto Drive, Arcadia, CA 91007
Property in Arcadia
Sold Dec 18, 2014
$1,250,000
$875,000 by Cathay Bank
Mortgage Due Jan 01, 2030
Sold Apr 28, 2004
$796,000
$557,200 by Chase Manhattan Mortgage Corp
Mortgage Due May 01, 2034
Local assessors in Arcadia, CA have categorized 851 Palo Alto Drive as a residential type of property. The home was built in 1946 and is 78 years old. It was most recently renovated and altered in 1967. The property's lot size has been calculated to be 7,779 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 851 Palo Alto Drive has a total of 2,368 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - A. The building has a hip style roof that was made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 23, 2014 for $1,250,000. That's $527.87 per sqft. Prior to that sales transaction, the property was also sold in Mar 25, 2004 for $796,000. 851 Palo Alto Drive was last assessed in 2023. The total value of the property was assessed at $1,450,275. Specifically, the land the property is located on was valued at $1,080,091. While improvements on the property were assessed at a total of $370,184. 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 $15,930. 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: 1946
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,779
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,368
  • Building Area: 2,368
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,368
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 12104
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 12104 LOT/SEC 100

Ownership

  • Current Owner : XU MING
  • Current Owner 2: YUAN ZISHU
  • Previous Owner : WONG CHE FAI
  • Owner Before Previous Owner: CAI XIAN TONG
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Arcadia Unified School District
  • Census Tract: 430701

Zoning

  • Zoning: ARR1D*

Geography

  • Assessors Map Reference: 28-C5
  • Subdivision Tract Number: 12104
  • Parcel: 5777-022-006
  • Lot: 100
  • Municipality: EAST /ARCADIA N DUART
  • Latitude: 34.1351
  • Longitude: -118.058

    Address

  • Full Address: 851 Palo Alto Dr
  • Address - House Number: 851
  • Address - Street Name: Palo Alto
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Arcadia
  • Carrier Code: C042
  • 4-Digit Zip Code: 6419
  • Zip Code: 91007

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,930
  • Tax Rate Code Area: 01-887

    Appraisal Valuation

  • Standard Deviation: 0.2235
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,841,609
  • High Value: 2,253,345
  • Low Value: 1,429,872

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $875,000
  • First Open Lien Mortgage Lender: CATHAY BANK
  • First Open Lien Mortgage Recording Date: Dec 18, 2014
  • First Open Lien Mortgage Loan Amount: $875,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,450,275
  • Assessed Land Value: $1,080,091
  • Assessed Improvements Value: $370,184

    Sales

  • Current Sale Contract Date: Oct 23, 2014
  • Current Sale Recording Date: Dec 18, 2014
  • Current Sale Transaction ID: 1014321443
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-1376355
  • Previous Sale Recording Date: Apr 28, 2004
  • Previous Sale Contract Date: Mar 25, 2004
  • Previous Sale Amount: $796,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CATHAY BANK
  • First Mortgage Transaction Date: Dec 18, 2014
  • First Mortgage Loan Amount: $875,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2030

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 28, 2004
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $557,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2034

About Arcadia



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Frequently Asked Questions

What neighborhood is 851 Palo Alto Drive located in?
The 851 Palo Alto Drive is a located in the neighborhood of Arcadia in Arcadia, Arcadia.
What is the average sales price for listings in 851 Palo Alto Drive?
The average sales price for units in 851 Palo Alto Drive is $0 currently.

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