NOT LISTED FOR SALE

1502 S 2nd Ave Arcadia, CA 91006

Estimated Value: $3,795,570 - $4,560,000

5 Beds
5 Baths
6,278 Sq Ft
$645/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $2,988,000 $476 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $24,439/month

100 Days on Market

Highlights

  • Sound Studio
  • Wine Cellar
  • Newly Remodeled
  • Camino Grove Elementary School Rated A
  • Home Theater
  • 3-minute walk to Tierra Verde Park

About This Home

As of December 2019

Enjoy the luxury of this California Dreaming home in the heart of Arcadia. This 2018 brand new construction features 4 bedrooms, 5 baths.This architecture masterpiece is expertly crafted by Tipping Development and designed by Robert Tong. Downstairs offers a grand entrance with 25ft ceiling. Marble flooring throughout. To your left is the private office. The home is sleek, modern and sophisticated in every way with marble countertops, stainless steel appliances, glass wine cellar, private home theatre and welcoming living spaces. Custom French Doors reveals a stunning outdoor swimming pool surrounded by lawn. Upstairs brings a spa like experience with a custom dry sauna room where you can rejuvenate. this is a remarkable residence in the sought after Arcadia area. Luxury living at its finest in the prestigious Arcadia school district.

Last Agent to Sell the Property

Guangrong Zuo

RE/MAX PREMIER/ARCADIA License #01938898 Listed on: 07/10/2019

RE/MAX PREMIER/ARCADIA

Last Buyer's Agent

Kevin Kwan

REALIV License #01488390

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,837

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.32 Acre Lot
  • Property is zoned ARR1YY

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Interior Spaces

  • 6,278 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Sound Studio
  • Utility Room
  • Laundry Room
  • Sauna
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Schools

  • Arcadia High School

Additional Features

  • Private Pool
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 808
  • Assessor Parcel Number 5781015008

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,837

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: ARR1YY
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5781015008
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6278.00 Square Feet
  • Interior Amenities: Intercom
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 475.95
  • Room Type: Family Room, Foyer, Home Theatre, Kitchen, Laundry, Library, Living Room, Main Floor Master Bedroom, Office, Sauna, Sound Studio, Two Masters, Utility Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Bathroom Features: Bathtub, Shower In Tub, Granite Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Arcadia Unified
  • High School: Arcadia
  • High School: Arcadia
  • High School2: ARCADI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13779.00
  • Lot Size Acres: 0.3163

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13779.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4308.02
  • Tax Lot: 27
  • Tax Tract Number: 808

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2019
Sold by
Thian Yee Phong and Thian Fen
Bought by
Kwok Lyone and Nguyen Sally
Current Estimated Value
$4,046,393

Purchase Details

Closed on
Oct 8, 2014
Sold by
Gahr Irene S
Bought by
Thian Yee Phong and Thian Fen Fen

Purchase Details

Closed on
Jul 10, 2007
Sold by
Gahr William T and Gahr Irene S
Bought by
Gahr William T
Source: Public Records

Range of Values:

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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
Kwok Lyone $2,988,000 Wfg National Title Company
Thian Yee Phong $1,200,000 Chicago Title Company
Gahr William T -- None Available
Gahr William T -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2019 12/12/19 Sold $2,988,000 -6.3% $476 / Sq Ft
10/25/2019 10/25/19 For Sale $3,190,000 +6.8% $508 / Sq Ft
10/21/2019 10/21/19 Off Market $2,988,000 -- --
10/18/2019 10/18/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $3,190,000 0.0% $508 / Sq Ft
09/03/2019 09/03/19 For Sale $3,190,000 +6.8% $508 / Sq Ft
08/29/2019 08/29/19 Off Market $2,988,000 -- --
08/28/2019 08/28/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $3,190,000 -- $508 / 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 $35,837 $3,267,810 $1,130,500 $2,137,310
2024 $35,837 $3,203,736 $1,108,334 $2,095,402
2023 $35,083 $3,140,918 $1,086,602 $2,054,316
2022 $33,912 $3,079,333 $1,065,297 $2,014,036
2021 $33,285 $3,018,955 $1,044,409 $1,974,546
2019 $29,844 $2,684,678 $1,292,869 $1,391,809
2018 $14,252 $1,267,517 $1,014,014 $253,503
2016 $13,950 $1,218,300 $974,640 $243,660
2015 $13,707 $1,200,000 $960,000 $240,000
2014 $1,576 $96,756 $40,776 $55,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19162869

California Regional Multiple Listing Service (CRMLS)

APN: 5781-015-008