1 year on rocket

505 N Old Ranch Rd, Arcadia, CA, 91007

$2,980,000

3 Bedrooms
2 Full Baths
2,305 SqFt
$1,293/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1950
HeatingCentral
CoolingOther
FireplaceNone
ViewMountain(s), Neighborhood
Private PoolYes
MLS #AR22223354
Lot Size0.56 Acres
StatusActive

About 505 N Old Ranch Rd

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)

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 2,305 SqFt

Listing Office:

  • Office Name: Sunny Realty Group, Inc.
  • Office Phone: (626) 241-2681
  • Listing Agent: Jenny Ma

Interior Features

Interior Information:

  • Interior: All Bedrooms Down
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s), Neighborhood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.56 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Other

School Info

Assigned Schools Information:

  • Arcadia High School, Public District Grades 9-12
  • Foothills Middle School, Public District Grades 6-8
  • Hugo Reid Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: off colorado on N. old ranch Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,980,000
  • Price Per SqFt: $1,293/SqFt

Tax Information:

  • Annual Amount: $23,390
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Arcadia, CA.

Med. Sold Price

$1.4M

Med. Price/SqFt

$662

Avg. Days On Market

23

# of Sold Homes

44

505 N Old Ranch Rd vs Arcadia

575 DAYS ON ROCKET

+552 Days

$2,980,000

+$1.5M More

$1,293/SqFt

+$631 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $631/SqFt more than other homes in Arcadia, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #AR22223354

Listing Office:

  • Office Name: Sunny Realty Group, Inc.
  • Office Phone: (626) 241-2681
  • Listing Agent: Jenny Ma

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/14/2024, 4:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 07, 2016Home Sold
$1,998,000

Tax History

YEARPROP. TAXASSESSMENT
2021$23,390$2,142,256
2020$22,809$2,120,291
2019$22,249$2,078,718
2018$22,557$2,037,960
2017$22,557$1,998,000

History based on county public records data.

Payment Calculator

$14.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,001

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-269611
8
/10
  • Hugo Reid Elementary School

  • 1000 Hugo Reid Dr

  • 0.73 miles

  • Public District Grades KG-5

Middle School

school-card-donut-269612
8
/10
  • Foothills Middle School

  • 171 E Sycamore Ave

  • 1.77 miles

  • Public District Grades 6-8

High School

school-card-donut-269613
9
/10
  • Arcadia High School

  • 180 Campus Dr

  • 1.58 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $174,306. The majority of Arcadia, CA residents have income $200k+ annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 N Old Ranch Rd

What is the listing price of this property?

The listing price of 505 N Old Ranch Rd property is $2,980,000.

What type of property is this?

The property 505 N Old Ranch Rd is a house located in Arcadia, California, 91007.

Is this property for sale now?

Active Listing: 505 N Old Ranch Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 505 N Old Ranch Rd are:
Hugo Reid Elementary School: GreatSchools Rating 8/10
Foothills Middle School: GreatSchools Rating 8/10
Arcadia High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $23,390 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 7, 2016 for $1,998,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 505 N Old Ranch Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 505 N Old Ranch Rd is 2,305 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 N Old Ranch Rd is 1950.
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Rocket HomesCaliforniaLos Angeles CountyArcadia91007505 N Old Ranch Rd

This home is located at 505 N Old Ranch Rd in Arcadia, CA and zip code 91007 in the The San Gabriel Valley neighborhood. This 2,305 square foot home, which was built in 1950, sits on a 0.56 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 17, 2022 and is currently priced at $2,980,000.

In April 2024 more than 28 listings in Arcadia, CA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 10 were sold below. The inventory of homes for sale in Arcadia, CA between March 2024 and April 2024 increased by 13.2%. While the average time on the market in April 2024 was 23 days, the median list price was $1,400,000.

From Rocket Homes Real Estate and based on county public records data.

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