Seller's Agent in 2023
Rick Cheng
Coldwell Banker Realty
(626) 315-1771
2 in this area
43 Total Sales
1218 S 8th Ave Arcadia, CA 91006
Estimated Value: $2,976,000 - $3,489,000
5
Beds
4.5
Baths
5,365
Sq Ft
$585/Sq Ft
Est. Value
Highlights
- Home Theater
- Primary Bedroom Suite
- Main Floor Bedroom
- Camino Grove Elementary School Rated A
- Mountain View
- High Ceiling
About This Home
As of July 2023Welcome to 1218 S 8th Ave. This magnificent custom built home is located on a quiet tree-lined street in the highly desirable city of Arcadia. At nearly 5400 square feet and nearly 18,000 sq ft of lot size, the property offers an excellent open floor plan, high ceilings, and five spacious bedrooms. This Mediterranean estate showcases marble finishes, custom cabinetry, exquisite moldings, and large picture windows throughout.
Enter through the grand entrance into the marble floored foyer with its dramatically high ceilings and stately spiral staircase and crystal chandelier. The home library, great room, living room, and dining rooms are perfect for family gatherings or guest entertaining. At the heart of the house is the impressive chef’s kitchen complete with state of the art built-in appliances. The main floor also has a guest bedroom with its own private bathroom.
On the second floor is the large master suite with spacious walk-in closet, master bathroom with dual sink, bathtub, and separate shower. A second master suite with its own Juliet balcony faces the front yard. Two more bedrooms with a shared Jack N Jill bathroom complete the second floor.
Relax in the backyard under the enormous loggia and enjoy the many fruit trees on the property. This property provides so much space for a growing family.
Last Agent to Sell the Property
Coldwell Banker Realty License #01958923 Listed on: 05/10/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,960
Year Built
- Built in 1995
Lot Details
- 0.4 Acre Lot
- Density is up to 1 Unit/Acre
- Property is zoned ARR1YY
Parking
- 2 Car Attached Garage
- Carport
- Parking Available
- Single Garage Door
- Driveway
Home Design
- Entry on the 1st floor
Interior Spaces
- 5,365 Sq Ft Home
- 2-Story Property
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Formal Entry
- Family Room with Fireplace
- Great Room
- Living Room
- Home Theater
- Mountain Views
- Laundry Room
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Electric Oven
- Range Hood
- Microwave
- Dishwasher
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- In-Law or Guest Suite
- Bathtub
- Walk-in Shower
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Central Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 78
- Tax Tract Number 808
- Assessor Parcel Number 5780028003
Community Details
Overview
- No Home Owners Association
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2023
Closed on
Jun 1, 2023
Sold by
Glassical Creations Inc
Bought by
Han Perry W and Zhou Cindy Q
Seller's Agent
Rick Cheng
Coldwell Banker Realty
Buyer's Agent
Norman Bogdanow
Pacific Integrated Capital
List Price
$2,780,000
Sold Price
$2,730,000
Premium/Discount to List
-$50,000
-1.8%
Views
92
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,545
Avg. Annual Appreciation
6.42%
Original Mortgage
$700,000
Outstanding Balance
$681,889
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$2,454,656
Purchase Details
Closed on
Sep 29, 2008
Sold by
Tseng Kuo Lieh and Tseng Yueh Nu Yen
Bought by
Tseng Kuo Lieh
Purchase Details
Closed on
Nov 13, 2001
Sold by
Saichin Alejandro and Saichin Graciela
Bought by
Tseng Kuo Lieh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$617,500
Interest Rate
6.75%
Purchase Details
Closed on
Jan 4, 1996
Sold by
Grand Disco International Corp
Bought by
Saichin Alejandro and Saichin Graciela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
7.5%
Purchase Details
Closed on
Sep 30, 1993
Sold by
Cheng Charles
Bought by
Grand Cisco International Inc
Purchase Details
Closed on
Sep 23, 1993
Sold by
Upland Bank
Bought by
Cheng Charles
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Han Perry W | $2,670,000 | Old Republic Title Company | |
| Tseng Kuo Lieh | -- | None Available | |
| Tseng Kuo Lieh | $950,000 | California Title Company | |
| Saichin Alejandro | $925,000 | -- | |
| Grand Cisco International Inc | $320,000 | Fidelity National Title | |
| Cheng Charles | -- | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Han Perry W | $700,000 | |
| Previous Owner | Tseng Kuo Lieh | $617,500 | |
| Previous Owner | Saichin Alejandro | $740,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/06/2023 07/06/23 | Sold | $2,730,000 | -1.8% | $509 / Sq Ft |
| 05/30/2023 05/30/23 | Pending | -- | -- | -- |
| 05/10/2023 05/10/23 | For Sale | $2,780,000 | -- | $518 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $29,960 | $2,723,400 | $1,630,164 | $1,093,236 |
| 2024 | $29,960 | $2,670,000 | $1,598,200 | $1,071,800 |
| 2023 | $31,698 | $2,830,000 | $1,830,000 | $1,000,000 |
| 2022 | $15,199 | $1,322,476 | $617,665 | $704,811 |
| 2021 | $14,906 | $1,296,546 | $605,554 | $690,992 |
| 2019 | $14,549 | $1,258,092 | $587,594 | $670,498 |
| 2018 | $14,096 | $1,233,424 | $576,073 | $657,351 |
| 2016 | $13,745 | $1,185,530 | $553,704 | $631,826 |
| 2015 | $13,509 | $1,167,723 | $545,387 | $622,336 |
| 2014 | $13,324 | $1,144,850 | $534,704 | $610,146 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Cheng
-
Norman Bogdanow
N
Buyer's Agent in 2023
Norman Bogdanow
Pacific Integrated Capital
(626) 303-3366
1 in this area
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR23078636
APN: 5780-028-003
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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