NOT LISTED FOR SALE

1517 Highland Oaks Dr Arcadia, CA 91006

Estimated Value: $3,494,650 - $5,207,000

4 Beds
5.5 Baths
5,310 Sq Ft
$789/Sq Ft Est. Value

Last Sold May 14, 2014

Last sale price $2,380,000 $448 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $25,626/month

107 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Mountain View
  • Highland Oaks Elementary School Rated A
  • All Bedrooms Downstairs
  • Maid or Guest Quarters

About This Home

As of May 2014

This beautifully crafted residence is located in the highly desirable Highland Oaks Area in Arcadia. Featuring 4 bedroom suites & maids quarters with 6 bathrooms and approximately 5,310 sq. ft living on an expansive lot of 15,720 sq. ft. Exquisite landscaping and circular driveway provide a warm welcome to the double door entry and foyer. A living room with abundant natural lighting features a wonderful fireplace and cozy reading nook. Bonus library/ office has European boxed ceilings and built in shelving. The formal dining room with wet bar is adjacent to the kitchen. This rustic gourmet kitchen has plentiful new counter space, center island with sink, double oven, custom cabinetry, wine rack and breakfast area. The spacious family room showcases a delightful fireplace, great wet bar and French door access to the backyard. This home has ample space to entertain with a backyard grill & private pool. The grand master bedroom offers a large walk in closet and master bathroom with Jacuzzi, separate shower and vanity. Additional amenities include attached 2 car garage, maids quarters, separate laundry room and much more!

Last Agent to Sell the Property

Peggy Fong Chen

Re/Max Omega License #01461698 Listed on: 12/03/2013

Re/Max Omega

Last Buyer's Agent

bing hou

IRN Realty License #01026586

IRN Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,158

Year Built

  • Built in 1985

Lot Details

  • 0.36 Acre Lot
  • Block Wall Fence
  • Sprinklers on Timer

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Pool

Home Design

  • Tile Roof

Interior Spaces

  • 5,310 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Door Entry
  • French Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Library
  • Storage
  • Laundry Room
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Built-In Range
  • Indoor Grill
  • Dishwasher
  • Corian Countertops
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Rain Gutters
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 15073
  • Assessor Parcel Number 5771013005

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,158

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5771013005
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5310.00
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Corian Counters, High Ceilings, Pantry, Recessed Lighting, Storage, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Retreat
  • Levels: One
  • Price Per Square Foot: 448.21
  • Room Type: All Bedrooms Down, Guest/Maid's Quarters, Library, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet, Separate Family Room, Utility Room
  • Spa Features: In Ground

Exterior Features

  • Exterior Features: Rain Gutters
  • View: Mountain(s), Pool
  • Fence: Yes
  • Fencing: Block
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Double Oven, Dishwasher, Indoor Grill, Trash Compactor
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Arcadia Unified

Lot Info

  • Lot Features: Lot 10000-19999 Sqft, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 15716.00
  • Lot Size Acres: 0.3610

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15716.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 15073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2015
Sold by
Wei Wei
Bought by
Wei Family Revocable Trust
Current Estimated Value
$4,190,913

Purchase Details

Listed on
Dec 3, 2013
Closed on
Mar 24, 2014
Sold by
Tsang Barbara A
Bought by
Wei Wei and Wu Sheng
Seller's Agent
Peggy Fong Chen
Re/Max Omega
Buyer's Agent
bing hou
IRN Realty
List Price
$2,688,000
Sold Price
$2,380,000
Premium/Discount to List
-$308,000
-11.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$1,428,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 14, 2003
Sold by
Tsang Richard H
Bought by
Tsang Richard H and Tsang Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 25, 2000
Sold by
Hei Yu Hsin
Bought by
Tsang Richard H and Tsang Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.62%

Purchase Details

Closed on
Oct 25, 1999
Sold by
Hei Chu Ying
Bought by
Hei Yu Hsin
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
Wei Family Revocable Trust -- None Available
Wei Wei $2,380,000 Chicago Title Company
Tsang Richard H -- Diversified
Tsang Richard H $885,000 First Southwestern Title Co
Hei Yu Hsin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wei Wei $1,428,000
Previous Owner Tsang Richard H $287,000
Previous Owner Tsang Richard H $294,000
Previous Owner Tsang Richard H $297,000
Previous Owner Tsang Richard H $300,000
Previous Owner Tsang Richard H $344,000
Previous Owner Tsang Richard H $350,000
Previous Owner Tsang Richard H $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2014 05/14/14 Sold $2,380,000 -4.7% $448 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
02/12/2014 02/12/14 Price Changed $2,498,000 -3.8% $470 / Sq Ft
01/18/2014 01/18/14 Price Changed $2,598,000 -3.3% $489 / Sq Ft
12/03/2013 12/03/13 For Sale $2,688,000 -- $506 / 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 $32,158 $2,917,545 $1,876,915 $1,040,630
2024 $32,158 $2,860,339 $1,840,113 $1,020,226
2023 $31,484 $2,804,255 $1,804,033 $1,000,222
2022 $30,438 $2,749,270 $1,768,660 $980,610
2021 $29,879 $2,695,364 $1,733,981 $961,383
2020 $29,495 $2,667,728 $1,716,202 $951,526
2019 $29,146 $2,615,420 $1,682,551 $932,869
2018 $28,341 $2,564,138 $1,649,560 $914,578
2016 $27,774 $2,464,571 $1,585,506 $879,065
2015 $27,288 $2,427,552 $1,561,691 $865,861
2014 -- $1,087,849 $483,570 $604,279
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13240844

California Regional Multiple Listing Service (CRMLS)

APN: 5771-013-005