NOT LISTED FOR SALE

1016 E Camino Real Ave Arcadia, CA 91006

Estimated Value: $2,987,396 - $3,541,000

5 Beds
5.5 Baths
5,200 Sq Ft
$629/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $2,288,000 $440 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $21,009/month

196 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Primary Bedroom Suite
  • Camino Grove Elementary School Rated A
  • Newly Remodeled
  • Mountain View

About This Home

As of May 2015

This sophisticated and elegant North facing home is newly 2014 built in the distinguished Arcadia School District. On a landscaped gated lot, the pristine residence is custom designed with meticulous detail for cohesive flow & comfort. Double doors open to a foyer boasting high ceilings, dazzling chandelier, & ornate wrought iron staircase. Wainscot molding, oak hardwood floors & Pella windows highlight quality architectural finishes from the formal living room with gorgeous fireplace to the formal dining room. Explore the gourmet kitchen & separate 2nd kitchen with top of the line Viking appliances, granite countertops, Dutch made cabinetry, large center island & breakfast nook. Entertain in the open family room with wet bar, wine cellar and access to the one-of-a-kind enclosed sun room with folding doors maximizing the outdoor and indoor space. Enjoy the home theater with built in sound system, downstairs library with European boxed ceiling, & guest suite. Upper level loft area leads to 4 bedroom suites including the master with walk in closet & bathroom with Jacuzzi tub & steam shower. Additional amenities; smart home system controls lighting & security cameras, laundry room, attached 3 car garage & tuff turf grass blocks for plentiful parking space.

Last Agent to Sell the Property

Peggy Fong Chen

Re/Max Omega License #01461698 Listed on: 09/17/2014

Re/Max Omega

Last Buyer's Agent

MING SONG

RE/MAX PREMIER/ARCADIA License #01866980

RE/MAX PREMIER/ARCADIA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,144

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 10,332 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Private Yard
  • Front Yard

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 5,200 Sq Ft Home
  • Wet Bar
  • Wired For Sound
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Recessed Lighting
  • Formal Entry
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Library
  • Loft
  • Sun or Florida Room
  • Mountain Views
  • Intercom
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Enclosed Glass Porch

Utilities

  • Two cooling system units
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 8510032010

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,144

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8510032010
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5200.00
  • Interior Amenities: Built-in Features, Balcony, Crown Molding, Granite Counters, Intercom, Recessed Lighting, Wired for Sound, Wainscoting, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 440.00
  • Room Type: Family Room, Formal Entry, Foyer, Loft, Library, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet, Sun, Home Theatre, Wine Cellar
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Enclosed Glass Porch, Rear Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Cooktop, Microwave
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Arcadia Unified

Lot Info

  • Lot Features: Front Yard, Landscaped, Lot 10000-19999 Sqft, Sprinkler System, Yard
  • Lot Size Sq Ft: 10332.00
  • Lot Size Acres: 0.2370

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10332.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2014
Closed on
Apr 8, 2015
Sold by
Wu Jonathan Lee
Bought by
Wang Lihua and Liao Zhenwei
Seller's Agent
Peggy Fong Chen
Re/Max Omega
Buyer's Agent
MING SONG
RE/MAX PREMIER/ARCADIA
List Price
$2,968,000
Sold Price
$2,288,000
Premium/Discount to List
-$680,000
-22.91%
Total Days on Market
196
Current Estimated Value
$3,394,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,106,810
Avg. Annual Appreciation
3.55%
Original Mortgage
$1,372,800
Outstanding Balance
$1,103,989
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,166,610

Purchase Details

Listed on
Sep 17, 2014
Closed on
Apr 2, 2015
Sold by
Liao Chengcai
Bought by
Wang Lihua
Seller's Agent
Peggy Fong Chen
Re/Max Omega
Buyer's Agent
MING SONG
RE/MAX PREMIER/ARCADIA
List Price
$2,968,000
Sold Price
$2,288,000
Premium/Discount to List
-$680,000
-22.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,372,800
Outstanding Balance
$1,103,989
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,166,610

Purchase Details

Closed on
Feb 27, 2015
Sold by
Yu Ming Investment Llc
Bought by
Wu Jonathan Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,372,800
Outstanding Balance
$1,103,989
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,166,610

Purchase Details

Listed on
Jan 2, 2012
Closed on
Mar 27, 2012
Sold by
Liu Mingyu
Bought by
Yu Ming Investment Llc
Seller's Agent
Jing Li
Treeline Realty & Investment
Buyer's Agent
Antonina Morofuji
Keller Williams South Bay
List Price
$799,900
Sold Price
$750,000
Premium/Discount to List
-$49,900
-6.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.72%

Purchase Details

Closed on
Sep 29, 2009
Sold by
Lee Connie
Bought by
Liu Mingyu

Purchase Details

Closed on
Sep 21, 2009
Sold by
Dong Gang
Bought by
Liu Mingyu

Purchase Details

Closed on
Aug 30, 2005
Sold by
Win U Maung
Bought by
Lee Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,680
Interest Rate
5.72%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 24, 2005
Sold by
Je Bong Ju and Je Bok Seon
Bought by
Lee Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,680
Interest Rate
5.72%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wang Lihua $2,288,000 Chicago Title Company
Wang Lihua -- Accommodation
Wu Jonathan Lee $1,560,000 None Available
Yu Ming Investment Llc $750,000 Lawyers Title
Liu Mingyu $755,000 Lawyers Title
Liu Mingyu -- Lawyers Title
Lee Connie -- Chicago Title Co
Lee Connie $853,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Lihua $1,372,800
Previous Owner Wu Jonathan Lee $1,400,000
Previous Owner Yu Ming Investment Llc $295,000
Previous Owner Lee Connie $511,680
Previous Owner Je Bong Ju $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2015 05/22/15 Sold $2,288,000 -8.5% $440 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
02/23/2015 02/23/15 Price Changed $2,500,000 -9.7% $481 / Sq Ft
01/29/2015 01/29/15 Price Changed $2,770,000 -0.4% $533 / Sq Ft
11/22/2014 11/22/14 Price Changed $2,780,000 -6.3% $535 / Sq Ft
09/17/2014 09/17/14 For Sale $2,968,000 +295.7% $571 / Sq Ft
05/09/2012 05/09/12 Sold $750,000 -6.2% $353 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $799,900 +6.7% $376 / Sq Ft
01/24/2012 01/24/12 Off Market $750,000 -- --
01/02/2012 01/02/12 For Sale $799,900 -- $376 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $30,144 $2,749,824 $1,141,392 $1,608,432
2024 $30,144 $2,695,907 $1,119,012 $1,576,895
2023 $29,508 $2,643,047 $1,097,071 $1,545,976
2022 $28,523 $2,591,223 $1,075,560 $1,515,663
2021 $27,998 $2,540,416 $1,054,471 $1,485,945
2019 $27,308 $2,465,068 $1,023,196 $1,441,872
2018 $26,634 $2,416,734 $1,003,134 $1,413,600
2016 $26,056 $2,322,891 $964,182 $1,358,709
2015 $16,940 $1,489,591 $783,827 $705,764
2014 -- $768,473 $768,473 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14200533

California Regional Multiple Listing Service (CRMLS)

APN: 8510-032-010