About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

501 Magellan Rd, Arcadia, CA 91007

$1,396,300

Last sold 06/07/2017 for $1.15M

2
bed
2
bath
1,523
Sqft ($755/Sqft)

House not for sale

About 501 Magellan Rd

Property type House

Neighborhood

Year built 1949

HOA fee $0/month

Lot size 9,670 Sqft

Movoto estimate

Parking 3 garage spaces

Rental estimate

Property description

A great opportunity for first time buyers to live in the very desirable Santa Anita Village neighborhood of Arcadia. This California Ranch style single story home, is on the market for the first time in 41 years! Elevated above the street level, this property offers privacy and comfort in a serene setting. Priced to sell with great potential. Walking distance to Hugo Reid elementary school. This home features two bedrooms and a den that can be used as a third bedroom, 1.75 bathrooms, a spacious living room with fireplace and large windows, The den door opens to the deck and backyard. The interior has been freshly painted, refinished the hardwood floors and new linoleum has been installed. Indoor laundry. Spacious kitchen with breakfast nook. 3 car detached garage. Spacious backyard. This home is centrally located, close to the Santa Anita race track, Arboretum, Arcadia schools, shopping, specifically the Santa Anita Mall, restaurants and transportation. This is a great home for family living in an unbelievable neighborhood!

Listed by

Listing Agent - Fred Ashkar

Listing Office - Re/Max Premier Prop Arcadia

Source: CRMLS

MLS#AR17087409 • last updated 9 years ago

Movoto checked CRMLS for data 4 minutes ago

Overview
Levels/Style	One, Ranch
SubType	Single Family Residence
Status	Closed
Living Area	1523
Lot Size (Acres)	0.22
Lot Size (SqFt)	9670
Year Built	1949

Interior
Total # of Bathrooms	2
# Full Baths	2
Total # of Bedrooms	2
Eating Area	Breakfast Nook, In Living Room
Kitchen	Granite Counters
Appliances	Built In Range, Dishwasher, Electric Range, Garbage Disposal, Vented Exhaust Fan
Interior Features	Pantry, Recessed Lighting
Accessibility Features	No Interior Steps

Exterior
Foundation	Raised, Slab
Construction	Concrete, Frame, Plaster, Stucco
Parking	Driveway, Driveway - Concrete, Garage - Side Entry, Garage - Two Door, Parking Space
# Parking Spaces	3
# Garage Spaces	3
Lot Description	Front Yard, Lot 6500-9999, Lot Shape-Rectangular, Sprinklers Manual, Yard

Amenities / Utilities
Fireplaces	Living Room, Gas
Water Source	Public
Electric	Electricity - On Property
Spa	None
Pool	None

Location
View	Mountain, Panoramic
County	Los Angeles
Community Features	Gutters
Middle School	Arcadia
High School	Arcadia
High School District	Arcadia Unified
Elementary School	Arcadia
Zoning	ARR1D*
Directions	Go West On Huntington Dr To Sunset Blvd, Go North (right) To Balboa Dr, Make A Right Then Left On Magellan Dr.
APN	5777015015

Lot/ Land Details
Road Frontage	City Street
Road Surface	Paved

$1.39M

Range: $1.25M-$1.54M

Last 30 days

Rental est.: $2,468/month

• Gross rent multiplier: 38.8

Lower your payment with the loan terms that fit you.

Jun 2017
Public Records
Jun 7, 2017 Sold
$1,150,000
Jun 2017
MLS # AR17087409
Jun 7, 2017 Sold
$1,150,000
Jun 7, 2017 Sold
$1,150,000 (+4.7%)
May 18, 2017 Pending
—
May 18, 2017 Pending
—
May 9, 2017 Active
—
May 9, 2017 Contingent
—
Apr 23, 2017 Listed
$1,098,000
Apr 23, 2017 Listed
$1,098,000

Year Property taxes Tax assessment
2024
$14,895 +2.1%

$1,308,499 +2.0%
2023
$14,582 +3.4%

$1,282,843 +2.0%
2022
$14,101 +1.8%

$1,257,690 +2.0%
2021
$13,849 +1.3%

$1,233,030
2020
$13,674 +4.2%

$1,233,030 +3.06%
2018
$13,127 +577.5%

$1,196,460 +850.78%
2017
$1,938 +6.0%

$125,840 +2.0%
2016
$1,827 +1.6%

$123,374
2015
$1,798

—

501 Magellan Rd
$1.15M
Arcadia
$2.78M 0% y/y
91007
$1.53M -28% y/y
Arcadia
$1.55M -13% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
507 Magellan Rd, Arcadia, CA 91007	$1,567,000	3/2	1,936	0.01
421 Magellan Rd, Arcadia, CA 91007	$1,814,300	2/2	1,997	0.01
511 Magellan Rd, Arcadia, CA 91007	$1,742,800	5/4	2,521	0.02
415 Magellan Rd, Arcadia, CA 91007	$2,068,600	4/4	2,697	0.02
324 Cabrillo Rd, Arcadia, CA 91007	$1,617,000	2/2	1,883	0.03
330 Cabrillo Rd, Arcadia, CA 91007	$1,501,200	3/3	1,804	0.03
320 Cabrillo Rd, Arcadia, CA 91007	$1,795,300	4/2	2,297	0.03
515 Magellan Rd, Arcadia, CA 91007	$2,010,500	4/3	2,511	0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.