NOT LISTED FOR SALE

1123 Paloma Dr Arcadia, CA 91007

Estimated Value: $3,636,000 - $5,972,000

4 Beds
4.5 Baths
4,668 Sq Ft
$932/Sq Ft Est. Value

Last Sold October 22, 2015

Last sale price $3,128,000 $670 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $26,152/month

56 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • High Ceiling
  • Hugo Reid Elementary School Rated A+
  • Main Floor Bedroom
  • Great Room

About This Home

As of October 2015

This beautiful, Spanish-style, newly constructed custom home, built by Sunny Construction and designed by PDS Studio, has 4 bedrooms and 4.5 bathrooms over 4668 square feet of living area (builder). The house faces south on an 11,996 square foot lot (assessor) and is in the highly sought-after Lower Rancho neighborhood of Arcadia. A peaceful courtyard ushers you to the dramatic front door. The lower level features a two-story foyer, formal living room, dining room, library, kitchen open to the family room, separate wok kitchen, one bedroom with en suite bathroom, laundry room and gym. Upstairs you will find the master suite with balcony, two additional bedrooms, each with its own bathroom and a cozy den. The private back yard is serene and compliments this gorgeous new home -- a must see!

Last Agent to Sell the Property

Tim Durkovic

Dilbeck Real Estate License #01923778 Listed on: 09/17/2015

Dilbeck Real Estate

Last Buyer's Agent

Anna Wang

Keller Williams Realty License #01405688

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 0.28

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage

Interior Spaces

  • 4,668 Sq Ft Home
  • Partially Furnished
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Formal Entry
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Library
  • Home Gym
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Six Burner Stove
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Utilities

  • Central Air
  • Tankless Water Heater

Additional Features

  • 0.28 Acre Lot
  • Suburban Location

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 14428
  • Assessor Parcel Number 5776004017

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5776004017
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4668.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, High Ceilings, Partially Furnished
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 670.09
  • Room Type: Den, Entry, Family Room, Formal Entry, Foyer, Great Room, Exercise Room, Library, Living Room, Master Bedroom, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Direct Garage Access
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Disposal, Gas Range, Tankless Water Heater
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11996.00
  • Price Per Lot Square Foot: 260.75
  • Lot Size Acres: 0.2750

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11996.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 43
  • Tax Tract Number: 14428

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2016
Sold by
Lin Pengcheng
Bought by
Lin Pengcheng and Lin Zhiwen
Current Estimated Value
$4,349,615

Purchase Details

Closed on
May 20, 2015
Sold by
Pacific Rey Llc
Bought by
Lin Pengcheng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,564,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 7, 2013
Sold by
Doran Kevin
Bought by
Pacific Rey Llc

Purchase Details

Closed on
Feb 8, 2000
Sold by
Doran Linda H
Bought by
Doran Kevin and Doran Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.06%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lin Pengcheng -- Accommodation
Lin Pengcheng $3,128,000 Fntg Builder Services
Pacific Rey Llc $1,280,000 Fidelity National Title Co
Doran Kevin -- Fidelity National Title Co
Doran Linda A -- Fidelity National Title Co
Doran Linda A -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Pengcheng $1,564,000
Previous Owner Doran Linda A $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2015 10/22/15 Sold $3,128,000 -7.5% $670 / Sq Ft
09/17/2015 09/17/15 For Sale $3,380,000 0.0% $724 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $3,380,000 0.0% $724 / Sq Ft
05/02/2015 05/02/15 Pending -- -- --
04/30/2015 04/30/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $3,380,000 -- $724 / 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 $40,351 $3,702,911 $2,223,167 $1,479,744
2024 $40,351 $3,630,306 $2,179,576 $1,450,730
2023 $39,497 $3,559,125 $2,136,840 $1,422,285
2022 $38,174 $3,489,340 $2,094,942 $1,394,398
2021 $37,482 $3,420,922 $2,053,865 $1,367,057
2019 $36,556 $3,319,458 $1,992,948 $1,326,510
2018 $35,683 $3,254,371 $1,953,871 $1,300,500
2016 $34,816 $3,128,000 $1,878,000 $1,250,000
2015 $18,924 $1,684,574 $1,305,574 $379,000
2014 $14,644 $1,280,000 $1,024,000 $256,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15058943

California Regional Multiple Listing Service (CRMLS)

APN: 5776-004-017