NOT LISTED FOR SALE

1122 Drake Rd Arcadia, CA 91007

Estimated Value: $2,882,000 - $3,602,000

3 Beds
5 Baths
4,300 Sq Ft
$769/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $3,000,000 $698 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $20,431/month

139 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Granite Countertops
  • Hugo Reid Elementary School Rated A
  • Main Floor Primary Bedroom
  • 4-minute walk to Hugo Reid Park

About This Home

As of April 2022

Wonderful News on Chinese New Year!! Price reduction is not the only advantage, the classic characteristic is waiting for your appreciated and enjoying. "BIG" Red Envelope Bonus for action taken on this delightful customer house. Beautiful Brand new house located in the proud neighborhood in the heart of Arcadia. Property was starting built 2017 with all upgrade materials and first class facilities to meet all new owner's criteria. It had been just finished and with occupancy permits with the Chinese Kitchen and additional elevator built to provide the convenience service with all levels. Press 360 Icon to view a virtual tour of this beautiful house!

Last Agent to Sell the Property

Lily Yun

High Ten Partners, Inc. License #00947588 Listed on: 10/15/2021

High Ten Partners, Inc.

Last Buyer's Agent

Michelle Chan

Deasy Penner Podley License #02013197

Deasy Penner Podley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,608

Year Built

  • Built in 2021

Lot Details

  • 8,577 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned ARR1D*

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Interior Spaces

  • 4,300 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Library
  • Wood Flooring
  • Laundry Room

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Gas Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • 5 Full Bathrooms

Schools

  • Hugo Reid Elementary School
  • Foothill Middle School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 13177
  • Assessor Parcel Number 5777010011
  • $874 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,608

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: ARR1D*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5777010011
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 4300.00 Square Feet
  • Interior Amenities: Elevator, Granite Counters
  • Stories: 3
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1572.00 Square Feet
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 697.67
  • Room Type: Kitchen, Library, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Oven
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Arcadia Unified
  • Elementary School: Hugo Reid
  • Middle School: Foothill
  • Elementary School: Hugo Reid
  • Middle Or Junior School: Foothill
  • Elementary School #2: HUGREI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 8577.00
  • Lot Size Acres: 0.1969

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8577.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4307.01
  • Tax Lot: 39
  • Tax Tract Number: 13177
  • TaxOtherAnnualAssessmentAmount: 874.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Mar 4, 2022
Sold by
Sun Family Trust
Bought by
Tran Family Trust
Seller's Agent
Lily Yun
High Ten Partners, Inc.
Buyer's Agent
Michelle Chan
Deasy Penner Podley
List Price
$3,188,888
Sold Price
$3,000,000
Premium/Discount to List
-$188,888
-5.92%
Current Estimated Value
$3,306,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,447
Avg. Annual Appreciation
2.43%

Purchase Details

Closed on
Dec 18, 2019
Sold by
Sun Xiang Ming and Sun Xiangming
Bought by
Sun Xiang Ming and Sun Family Trust

Purchase Details

Listed on
Oct 14, 2013
Closed on
Oct 25, 2013
Sold by
Rodriguez Lawrence A and Rodriguez Shirley A
Bought by
Sun Xiangming
Seller's Agent
Pam Delrey
Art Del Rey Realty, Inc.
Buyer's Agent
JACK NG
IRN REALTY
List Price
$1,198,000
Sold Price
$1,228,000
Premium/Discount to List
$30,000
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%

Purchase Details

Closed on
Mar 29, 2006
Sold by
Rodriguez Lawrence A and Rodriguez Shirley A
Bought by
Rodriguez Lawrence A and Rodriguez Shirley A
Source: Public Records

Range of Values:

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Average Value
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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
Tran Family Trust $3,000,000 Chicago Title
Sun Xiang Ming -- None Available
Sun Xiangming $1,228,000 Fidelity National Title Co
Rodriguez Lawrence A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Larry A $557,000
Previous Owner Rodriguez Larry A $370,000
Previous Owner Rodriguez Larry A $58,000
Previous Owner Rodriguez Larry A $273,000
Previous Owner Rodriguez Larry A $61,712
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $3,000,000 -5.9% $698 / Sq Ft
03/07/2022 03/07/22 For Sale $3,188,888 0.0% $742 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
01/31/2022 01/31/22 Price Changed $3,188,888 -1.2% $742 / Sq Ft
11/04/2021 11/04/21 Price Changed $3,228,000 +6.6% $751 / Sq Ft
10/15/2021 10/15/21 For Sale $3,028,000 +146.6% $704 / Sq Ft
11/25/2013 11/25/13 Sold $1,228,000 +2.5% $702 / Sq Ft
10/14/2013 10/14/13 For Sale $1,198,000 -- $685 / 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 $34,608 $3,183,622 $1,415,014 $1,768,608
2024 $34,608 $3,121,199 $1,387,269 $1,733,930
2023 $33,872 $3,060,000 $1,360,068 $1,699,932
2022 $24,687 $2,243,164 $1,418,532 $824,632
2021 $24,242 $2,199,181 $1,390,718 $808,463
2019 $23,645 $2,133,954 $1,349,469 $784,485
2018 $17,616 $1,591,534 $1,323,009 $268,525
2016 $14,429 $1,271,634 $1,008,506 $263,128
2015 $14,176 $1,252,534 $993,358 $259,176
2014 $13,963 $1,228,000 $973,900 $254,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21229346

California Regional Multiple Listing Service (CRMLS)

APN: 5777-010-011