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$2,980,000

Beds
3
Baths
2.0
sq ft
2,305

505 N Old Ranch Rd, Arcadia, CA 91007

505 N Old Ranch Rd

Arcadia, CA 91007

  • 799 days on market
Located on one of the most sought-after streets in the Lower Rancho area of Arcadia. its a great opportunity for your client to design and build their own dream home. This property is one of the larger parcels in the area, which is almost 24,500 sqft. The lot is 200' deep on the north side and 126' at the rear, See Plat Map. The current house needs work, offers 3bedrooms 2baths with an open floor plan, huge brick fireplace in the living room, there is also a Family Room, separate laundry room, a cellar and a swimming pool at the rear of the property. Desired location with Mins to Arcadia Mall, good size of flat lot ready to rebuild or renovation. (New Home plan is ready to go ... ask for detail)

Details

Property type

Single Family Residence

Est. home value

$2,506,560

Lot size

0.5615 acres

Price per sq ft

$1,293

Year built

1950

HOA

Yes

Price History

02/15/2024
CRMLS

CRMLS #AR22223354

Price change
$2,980,000
+3.47%
10/16/2022
CRMLS

CRMLS #AR22223354

Listed
$2,880,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Arcadia Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

East West Bank

Loan start date

February 2017

Original loan amount

$1,158,000

Est. remaining balance

Not provided

Interest rate

4%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Yan Ming Liu

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 1:20 AM

Listing updated: 12/05/2024 at 2:40 AM

Listed by: Jenny Ma, Sunny Realty Group, Inc. Phone #: (626) 241-2681

MLS: CRMLS #AR22223354

CRMLS logo

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