NOT LISTED FOR SALE

1131 Rodeo Rd Arcadia, CA 91006

Estimated Value: $6,267,000 - $8,322,000

6 Beds
7.5 Baths
8,186 Sq Ft
$901/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $6,290,000 $768 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $45,115/month

47 Days on Market

Highlights

  • Wine Cellar
  • New Construction
  • Primary Bedroom Suite
  • Highland Oaks Elementary School Rated A
  • Gas Heated Pool
  • 0.67 Acre Lot

About This Home

As of January 2022

Welcome home to this magnificent inspired Mediterranean estate! A true architectural splendor of BRAND-NEW construction by Building Worx for intimate family life & elegant entertaining. Located in the prestigious Santa Anita Oaks neighborhood of Arcadia, this masterpiece is surrounded by lavish landscaping and matures trees. An open, bright contemporary floorplan with 6 bedroom suites, all with walk-in closets & private bathrooms. Luxurious yet practical details include high ceilings, a gourmet kitchen featuring Viking appliances, a full second caterer's kitchen, plus a separate walk-in pantry. The main level includes an office, formal living & dining room, movie theater, wine cellar, a lower-level master bedroom, and a guest bedroom. 2nd level boasts a retreat, master bedroom with balcony looking over the expensive pool and beautiful backyard. 3 additional guest bedrooms all with beautiful views of the mountain or garden. The entertainer's backyard is complete w/pool, spa, sports court, BBQ & pool house-perfect for family fun. Other features include elevator, hardwood floors, crown molding, 2 laundry rooms, and 4 car attached garage. Close to shopping, tons of dining options nearby, and the award-winning Arcadia School District.

Last Agent to Sell the Property

Lei Tong

eXp Realty of California Inc License #02021954 Listed on: 09/01/2021

eXp Realty of California Inc

Last Buyer's Agent

Anis Lalani

HPD Realty Corp. License #01497786

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,928

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.67 Acre Lot
  • Lawn
  • Front Yard
  • Property is zoned ARR0YY

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 8,186 Sq Ft Home
  • Formal Entry
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Mountain Views
  • Walk-In Pantry
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet

Additional Features

  • Gas Heated Pool
  • Central Air

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 64
  • Tax Tract Number 10955
  • Assessor Parcel Number 5770010006
  • $535 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,928

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: ARR0YY
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5770010006
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 8186.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 768.39
  • Room Type: Family Room, Formal Entry, Foyer, Master Suite, Office, Two Masters, Walk-In Closet, Walk-In Pantry, Wine Cellar

Exterior Features

  • View: Mountain(s)
  • Pool Features: Private, Gas Heat
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • 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: Foothills

Schools

  • School District: Arcadia Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard, Lawn
  • Lot Size Sq Ft: 29303.00
  • Lot Size Acres: 0.6727

Multi Family

  • Lease Considered: No
  • Lot Size Area: 29303.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4306.00
  • Tax Lot: 64
  • Tax Tract Number: 10955
  • TaxOtherAnnualAssessmentAmount: 535.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Jan 20, 2022
Sold by
Wu Hao
Bought by
Lakhany Raheel and Lakhany Amna Raheel
Seller's Agent
Lei Tong
eXp Realty of California Inc
Buyer's Agent
Anis Lalani
HPD Realty Corp.
List Price
$6,999,999
Sold Price
$6,290,000
Premium/Discount to List
-$709,999
-10.14%
Current Estimated Value
$7,378,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,088,658
Avg. Annual Appreciation
4.43%
Original Mortgage
$3,500,000
Outstanding Balance
$3,230,302
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$4,148,356

Purchase Details

Listed on
Aug 13, 2013
Closed on
Jan 17, 2014
Sold by
Cheng Frank Fen Chou and Cheng Sandra Tsan Chin Lin
Bought by
Wu Hao
Seller's Agent
David Chu
Cysco Realty
Buyer's Agent
Kathryn Tong
CityLights Realty, LLC
List Price
$3,208,880
Sold Price
$2,900,000
Premium/Discount to List
-$308,880
-9.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%

Purchase Details

Closed on
Jul 30, 2013
Sold by
Cheng Frank Fen Chou and Cheng Sandra Tsan Chin Lin
Bought by
Cheng Frank Fen Chou and Cheng Sandra Tsan Chin Lin

Purchase Details

Closed on
Dec 18, 1997
Sold by
Cheng Frank F and Cheng Sandra T
Bought by
Cheng Frank Fen Chou and Cheng Sandra Tsan Chin Lin
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
Lakhany Raheel $6,290,000 New Title Company Name
Wu Hao $2,900,000 Chicago Title Company
Cheng Frank Fen Chou -- None Available
Cheng Frank Fen Chou -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakhany Raheel $3,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $6,290,000 -10.1% $768 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $6,999,999 +141.4% $855 / Sq Ft
01/24/2014 01/24/14 Sold $2,900,000 -9.6% $565 / Sq Ft
01/07/2014 01/07/14 Pending -- -- --
08/13/2013 08/13/13 For Sale $3,208,880 -- $625 / 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 $71,928 $6,674,997 $2,638,693 $4,036,304
2024 $71,928 $6,544,115 $2,586,954 $3,957,161
2023 $70,395 $6,415,800 $2,536,230 $3,879,570
2022 $59,999 $5,536,007 $3,349,958 $2,186,049
2021 $58,844 $5,427,459 $3,284,273 $2,143,186
2019 $43,338 $3,997,860 $3,186,860 $811,000
2018 $33,978 $3,124,373 $3,124,373 $0
2016 $33,680 $3,003,050 $2,899,497 $103,553
2015 $33,089 $2,957,942 $2,855,944 $101,998
2014 $18,167 $1,592,571 $1,035,174 $557,397
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21189088

California Regional Multiple Listing Service (CRMLS)

APN: 5770-010-006