NOT LISTED FOR SALE

1162 Altura Terrace Arcadia, CA 91007

Estimated Value: $2,618,590 - $2,731,000

5 Beds
4 Baths
3,672 Sq Ft
$729/Sq Ft Est. Value

Last Sold February 02, 2016

Last sale price $1,600,000 $436 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $16,549/month

46 Days on Market

Highlights

  • Heated In Ground Pool
  • Open Floorplan
  • Deck
  • Hugo Reid Elementary School Rated A
  • Mountain View
  • Cathedral Ceiling

About This Home

As of February 2016

BEST PRICE IN THE AREA!!!Spectacular traditional single level home built in 1977, situated on a cul-de-sac in the prestigious lower Rancho area of Arcadia, with award winning Arcadia schools. Outstanding curb appeal with location,location,location! Beautifully appointed and in pristine condition, perfect for entertaining indoor & outdoor. It offers 5 spacious bedrooms including 2 suites, 3.75 bathrooms, a den that can be used as the sixth bedroom, indoor laundry room, large living and family room with dramatic vaulted ceilings and two fireplaces,can host separate or combined activities and opens to the covered patio & backyard.The spacious gourmet kitchen offers generous storage spaces, breakfast nook & tile counter.Easy flowing floor plan, bright and airy with high ceiling & lots of storage. Beautiful backyard perfect for barbecues & swim parties.
Conveniently located, close to the LA Arboretum, Westfield Santa Anita Shopping Center, Santa Anita Race Track, Schools, Parks & Restaurants.

Last Agent to Sell the Property

Fred Ashkar

Re/Max Premier Prop Arcadia License #00925837 Listed on: 11/03/2015

Re/Max Premier Prop Arcadia

Last Buyer's Agent

Fred Ashkar

Re/Max Premier Prop Arcadia License #00925837 Listed on: 11/03/2015

Re/Max Premier Prop Arcadia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,550

Year Built

  • Built in 1977

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 83x155
  • Cul-De-Sac
  • East Facing Home
  • Block Wall Fence
  • Fence is in excellent condition
  • Landscaped
  • Level Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Back Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Concrete Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,672 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Data
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Sliding Doors
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Oven
  • Built-In Range
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Accessible Home Design

  • No Interior Steps

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Diving Board

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Gas Water Heater
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 32493
  • Assessor Parcel Number 5776001027

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,550

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Ranch
  • Property Condition: Termite Clearance, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5776001027
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3672.00
  • Interior Amenities: Bar, Built-in Features, Cathedral Ceiling(s), Ceramic Counters, Ceiling Fan(s), Wired for Data, High Ceilings, Open Floorplan, Pantry, Storage, Tile Counters, Wet Bar
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Gas, Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 435.73
  • Room Type: All Bedrooms Down, Entry, Family Room, Formal Entry, Living Room, Master Bedroom, Main Floor Bedroom
  • Spa Features: Heated, In Ground

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block, Excellent Condition
  • Patio And Porch Features: Covered, Deck, Slab
  • Pool Features: Diving Board, Heated, In Ground
  • Pool Private: Yes
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage Faces Front, Direct Garage Access, Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Phone Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Double Oven, Dishwasher, Electric Oven, Disposal, Gas Water Heater, Vented Exhaust Fan
  • Electric: 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Dual, Electric
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Arcadia Unified

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Level, Landscaped, Level with Street, Lot 10000-19999 Sqft, Ranch, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size: 83x155
  • Lot Size Sq Ft: 12760.00
  • Price Per Lot Square Foot: 125.39
  • Lot Size Acres: 0.2930

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12760.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 32493

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2015
Closed on
Jan 27, 2016
Sold by
Li David Z and Li Lisa J
Bought by
David & Lisa Li Revocable Trust
Seller's Agent
Fred Ashkar
Re/Max Premier Prop Arcadia
Buyer's Agent
Fred Ashkar
Re/Max Premier Prop Arcadia
List Price
$1,698,000
Sold Price
$1,600,000
Premium/Discount to List
-$98,000
-5.77%
Current Estimated Value
$2,707,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,107,633
Avg. Annual Appreciation
5.54%
Original Mortgage
$1,120,000
Outstanding Balance
$894,924
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,782,724

Purchase Details

Listed on
Nov 3, 2015
Closed on
Jan 6, 2016
Sold by
Nelson Franklin and Nelson Homa
Bought by
Li David Z and Li Lisa J
Seller's Agent
Fred Ashkar
Re/Max Premier Prop Arcadia
Buyer's Agent
Fred Ashkar
Re/Max Premier Prop Arcadia
List Price
$1,698,000
Sold Price
$1,600,000
Premium/Discount to List
-$98,000
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Outstanding Balance
$894,924
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,782,724

Purchase Details

Closed on
Nov 21, 2001
Sold by
U S Bank Trust National Assn
Bought by
Nelson Franklin and Nelson Homa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,400
Interest Rate
6.75%

Purchase Details

Closed on
May 4, 2001
Sold by
Decoff Charlene and New Century Mtg Corp
Bought by
U S Bank Trust National Assn

Purchase Details

Closed on
Jul 22, 1999
Sold by
Gaw Jenny C
Bought by
Decoff Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,650
Interest Rate
9.5%
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
David & Lisa Li Revocable Trust -- None Available
Li David Z $1,600,000 Fidelity National Title
Nelson Franklin $615,500 Lawyers Title Company
U S Bank Trust National Assn $527,753 First American Title Co
Decoff Charlene $529,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li David Z $1,120,000
Previous Owner Nelson Franklin $330,000
Previous Owner Nelson Franklin $478,000
Previous Owner Nelson Franklin $49,000
Previous Owner Nelson Franklin W $100,000
Previous Owner Nelson Franklin $492,400
Previous Owner Decoff Charlene $10,000
Previous Owner Decoff Charlene $57,143
Previous Owner Decoff Charlene $449,650
Closed Nelson Franklin $30,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2016 02/02/16 Sold $1,600,000 -5.8% $436 / Sq Ft
12/19/2015 12/19/15 Pending -- -- --
11/03/2015 11/03/15 For Sale $1,698,000 -- $462 / 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 $21,550 $1,937,103 $1,507,207 $429,896
2024 $21,550 $1,899,121 $1,477,654 $421,467
2023 $21,100 $1,861,884 $1,448,681 $413,203
2022 $20,402 $1,825,377 $1,420,276 $405,101
2021 $20,028 $1,789,586 $1,392,428 $397,158
2019 $19,540 $1,736,508 $1,351,129 $385,379
2018 $19,014 $1,702,460 $1,324,637 $377,823
2016 $9,005 $768,098 $495,677 $272,421
2015 $8,850 $756,561 $488,232 $268,329
2014 $8,732 $741,742 $478,669 $263,073
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15238571

California Regional Multiple Listing Service (CRMLS)

APN: 5776-001-027