NOT LISTED FOR SALE

1124 Paloma Dr Arcadia, CA 91007

Estimated Value: $2,418,790 - $2,815,000

4 Beds
4 Baths
3,165 Sq Ft
$828/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $1,980,000 $626 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $15,667/month

62 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Cathedral Ceiling
  • Hugo Reid Elementary School Rated A+
  • Traditional Architecture
  • Main Floor Bedroom

About This Home

As of August 2021

This beautiful, custom-built two-story traditional home comes to the market for the first time in 60 years. Part of the Rancho Santa Anita tract in Arcadia's coveted and prestigious Lower Rancho neighborhood, the main home of this estate property consists of four-bedrooms, three-baths, a grand formal dining room and a large den in its 3,165sf – all resting on a beautiful 14,076sf lot. Additionally, there is a 440sf custom pool house with another bath, fireplace and wet bar. The custom amenities throughout the home include beautiful windows, solid-wood doors, a renovated kitchen with stainless steel appliances, a separate china/wine room, a beautiful vintage bathroom, a large laundry room, original hardwood floors, custom solid-wood built-ins everywhere, a large basement and so much more. Its grand and private backyard with mountain views is wonderful for entertaining and includes a large, vintage brick-framed glistening pool that is complemented by the pool house and a built-in outdoor BBQ/fireplace. The property is just minutes from the Los Angeles County Arboretum and Botanic Garden, the Westfield Center, Santa Anita Park racetrack, golf course, numerous dining choices and so much more. The home is in the Arcadia school system. Additionally, the home’s abundant attic spaces present great potential within the existing footprint. Don’t miss this once-in-a-generation opportunity.

Last Agent to Sell the Property

Todd Hays

Coldwell Banker License #01852756 Listed on: 06/14/2021

Coldwell Banker

Last Buyer's Agent

Monica Singer

ROA California Inc. License #01910840

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 0.32 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned ARROD*

Parking

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

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,165 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Formal Entry
  • Living Room with Fireplace
  • Den
  • Mountain Views
  • Home Security System
  • Laundry Room

Kitchen

  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Pool

  • In Ground Pool
  • Gunite Pool

Additional Features

  • Brick Porch or Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 50
  • Tax Tract Number 14428
  • Assessor Parcel Number 5776005012

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Closed Circuit Camera(s), Security System
  • Subdivision Name Other: Rancho Santa Anita
  • View: Yes
  • Zoning: ARROD*
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5776005012
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3165.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 625.59
  • Room Type: Den, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Brick
  • Pool Features: Private, Gunite, In Ground
  • Pool Private: Yes
  • Spa: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 14076.00
  • Lot Size Acres: 0.3231
  • Latitude Manual: 34.14266500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14076.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4307.01
  • Tax Lot: 50
  • Tax Tract Number: 14428

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2011
Sold by
Russell Martha J
Bought by
Russell Martha J and The Loren & Martha Russell Family Trust
Current Estimated Value
$2,620,948

Purchase Details

Closed on
Oct 11, 2000
Sold by
Russell Loren H
Bought by
Russell Loren H and Russell Martha J
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
Russell Martha J -- None Available
Russell Loren H -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2021 08/23/21 Sold $1,980,000 0.0% $626 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $1,980,000 -- $626 / 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 $23,219 $2,101,190 $1,591,174 $510,016
2024 $23,219 $2,059,991 $1,559,975 $500,016
2023 $22,731 $2,019,600 $1,529,388 $490,212
2022 $21,976 $1,980,000 $1,499,400 $480,600
2021 $3,121 $243,619 $68,151 $175,468
2020 $3,084 $241,122 $67,453 $173,669
2019 $3,049 $236,395 $66,131 $170,264
2018 $2,879 $231,761 $64,835 $166,926
2016 $2,783 $222,763 $62,318 $160,445
2015 $2,735 $219,417 $61,382 $158,035
2014 $2,708 $215,120 $60,180 $154,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF21128295

California Regional Multiple Listing Service (CRMLS)

APN: 5776-005-012