NOT LISTED FOR SALE

1222 S 1st Ave Arcadia, CA 91006

Estimated Value: $3,539,596 - $4,013,000

5 Beds
5.5 Baths
5,911 Sq Ft
$629/Sq Ft Est. Value

Highlights

  • Filtered Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • Camino Grove Elementary School Rated A
  • 25,128 Sq Ft lot
  • Mountain View

About This Home

As of August 2016

Magnificent Estate for Lease. Situated on over 1/2 acre with North/South Tennis Court and pool. Fabulous property for entertaining. Within walking distance to Arcadia Schools. Expansive floor plan with 5,911 square feet. Two story entry with marble flooring, leaded windows and a crystal chandelier. Features 5 bedroom suites - two are masters and one is located downstairs. The large upstairs master features a lavish bath with a spa tub, walk-in closet and a balcony overlooking the sensational grounds. The elegant living room has marble flooring, custom fireplace and built-in cabinetry. The formal dining room adjoins the living room and is perfect for entertaining. The family room views to the fabulous grounds and features a wet bar and built-in media cabinet. The gourmet kitchen opens to the family area and is equipped with an abundance of cabinetry, granite counters, large center island, built-in appliances, separate Wok kitchen and a large informal dining area. A library is also featured on the first level. A large laundry room, with washer and dryer is located on the first floor. One year lease is required. The property is perfect for an Executive lifestyle!

Last Agent to Rent the Property

Jeannie Vukovich

Coldwell Banker Realty License #00887983 Listed on: 06/13/2016

Coldwell Banker Realty

Co-Listed By

Dee Chou

Coldwell Banker Realty License #01179524

Last Renter's Agent

Agnes Ma

CENTURY 21 Affiliated License #01373801

CENTURY 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,114

Year Built

  • Built in 2000

Lot Details

  • 0.58 Acre Lot
  • West Facing Home
  • Block Wall Fence
  • Rectangular Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Back and Front Yard

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Driveway
  • Automatic Gate

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,911 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Recessed Lighting
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Home Office
  • Library
  • Utility Room
  • Laundry Room
  • Center Hall
  • Mountain Views

Kitchen

  • Open to Family Room
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $20,000
  • Rent includes gardener, pool
  • 12-Month Minimum Lease Term
  • Tax Lot 7
  • Tax Tract Number 808
  • Assessor Parcel Number 5781011035

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,114

Year Built

Built in 2000

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 20000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s), Security System
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5781011035
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5911.00
  • Interior Amenities: Bar, Built-in Features, Balcony, Cathedral Ceiling(s), Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Two Story Ceilings, Wet Bar
  • Stories: 2
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1.32
  • Room Type: Center Hall, Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Library, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Separate Family Room, Office, Two Masters, Utility Room
  • Spa Features: Heated, In Ground
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered, Deck
  • Pool Features: Filtered, Heated, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Direct Garage Access, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Arcadia Unified

Lot Info

  • Lot Features: Back Yard, Front Yard, Level, Rectangular Lot, Lot 20000-39999 Sqft, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 25128.00
  • Price Per Lot Square Foot: 0.31

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Rent Includes: Gardener, Pool

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 808

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2012
Sold by
Chen Shao Qiang
Bought by
Wang Bin
Current Estimated Value
$3,719,149

Purchase Details

Closed on
Feb 23, 2004
Sold by
Tian Wen Ying
Bought by
Chen Shao Qiang and Wang Bin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2001
Sold by
Chen Eric T
Bought by
Tian Wen Ying and Liang Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$819,000
Interest Rate
6.87%

Purchase Details

Closed on
Oct 22, 1999
Sold by
Chen Pi Yueh C
Bought by
Chen Eric T and Chen Sylvia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
7.82%
Mortgage Type
Construction
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
Wang Bin -- None Available
Chen Shao Qiang $1,580,000 Fatcola
Tian Wen Ying $1,260,000 Old Republic Title Company
Chen Eric T -- Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Shao Qiang $5,000,000
Closed Chen Shao Qiang $2,000,000
Closed Chen Shao Qiang $1,000,000
Previous Owner Liang Jun $945,000
Previous Owner Liang Jun $825,000
Previous Owner Tian Wen Ying $819,000
Previous Owner Chen Eric T $100,000
Previous Owner Chen Eric T $612,000
Closed Tian Wen Ying $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Rented $7,800 0.0% --
06/13/2016 06/13/16 For Rent $7,800 -- --
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 $25,114 $2,246,418 $1,058,656 $1,187,762
2024 $25,114 $2,202,372 $1,037,899 $1,164,473
2023 $24,593 $2,159,190 $1,017,549 $1,141,641
2022 $23,784 $2,116,854 $997,598 $1,119,256
2021 $23,338 $2,075,348 $978,038 $1,097,310
2019 $22,772 $2,013,794 $949,030 $1,064,764
2018 $22,064 $1,974,309 $930,422 $1,043,887
2016 $21,584 $1,897,646 $894,294 $1,003,352
2015 $21,209 $1,869,142 $880,861 $988,281
2014 $20,909 $1,832,529 $863,607 $968,922
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16127726

California Regional Multiple Listing Service (CRMLS)

APN: 5781-011-035