NOT LISTED FOR SALE

1611 Holly Ave Arcadia, CA 91007

Estimated Value: $3,510,000 - $5,297,000

4 Beds
4.5 Baths
5,168 Sq Ft
$777/Sq Ft Est. Value

Last Sold October 03, 2016

Last sale price $2,889,800 $559 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $23,893/month

22 Days on Market

Highlights

  • Home Theater
  • Primary Bedroom Suite
  • Main Floor Primary Bedroom
  • Baldwin Stocker Elementary School Rated A+
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of October 2016

Located in Arcadia's Baldwin Stocker School Area and designed by Robert Tong, this Italian Villa constructed with the highest quality of materials and the finest amenities. The grand double door entrance with 25' Cathedral ceiling, 6' Crystal Chandeliers, marble Foyer, and Domes. With a Living Area of 5,168 Sqft and Lot Size of almost 11,000 Sqft. The Main Level of this 4 Luxury Suites home consists of a fomral Living Room, Dining Room, Library with Coffer Ceilings, Home Theater w/Blue-Ray & 3D Sys, Gourmet Kitchen, Wok Kitchen, Professional Thermodor Applicances, Breakfast Nook, Wet Bar, & 2nd Master Suite. The 2nd floor covers entirely with Hardwood, the main Master Suite consists spacious Walk-in closet, His & Her Sinks, Jacuzzi Tub, and Steamer Shower. The Family Room overlooks the spacious perfectly landscape backyard. Extensive use of Crystal Chandeliers, Marbles, Granite, Italian Moldings, & Hardwood Floors throughout the house. Other features such as, Night Vision Security Cameras, Inter-Com, ipad/iphone Integration System, etc. Awards Winning Arcadia Schools.

Last Agent to Sell the Property

Maggie Ly

Re/Max Premier Prop SanMarino License #01385106 Listed on: 06/16/2016

Re/Max Premier Prop SanMarino

Last Buyer's Agent

John Zhang

HARVEST REALTY DEVELOPMENT License #01403183

HARVEST REALTY DEVELOPMENT

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 10,796

Parking

  • 2 Car Garage
  • Automatic Gate

Home Design

  • Interior Block Wall

Interior Spaces

  • 5,168 Sq Ft Home
  • 2-Story Property
  • Coffered Ceiling
  • Cathedral Ceiling
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Home Theater
  • Library
  • Intercom
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Multi-Level Bedroom

Additional Features

  • 10,796 Sq Ft Lot
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 5785023008

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Automatic Gate
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5785023008
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5168.00 Square Feet
  • Interior Amenities: Block Walls, Cathedral Ceiling(s), Coffered Ceiling(s), Granite Counters, High Ceilings, Intercom, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 559.17
  • Room Type: Family Room, Library, Multi-Level Bedroom, Main Floor Master Bedroom, Master Suite, Home Theatre
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s), Zoned
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10796.00
  • Price Per Lot Square Foot: 294.55

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2018
Sold by
Wang Hongli
Bought by
Wang Hongli and Wang Living Trust
Current Estimated Value
$4,014,071

Purchase Details

Listed on
Jun 16, 2016
Closed on
Aug 31, 2016
Sold by
Ho Ping Keung
Bought by
Wang Hongli
Seller's Agent
Maggie Ly
Re/Max Premier Prop SanMarino
Buyer's Agent
John Zhang
HARVEST REALTY DEVELOPMENT
List Price
$3,180,000
Sold Price
$2,889,800
Premium/Discount to List
-$290,200
-9.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.59%
Original Mortgage
$1,878,370
Outstanding Balance
$1,465,195
Interest Rate
2.72%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,548,876

Purchase Details

Listed on
Jun 6, 2014
Closed on
Sep 5, 2014
Sold by
Ho Ping Keung
Bought by
Ho Ping Keung and Mou Keng U
Seller's Agent
George Gao
RE/MAX ELITE REALTY
Buyer's Agent
Maggie Ly
Re/Max Premier Prop SanMarino
List Price
$1,300,000
Sold Price
$1,368,000
Premium/Discount to List
$68,000
5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.48%
Original Mortgage
$672,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 6, 2014
Closed on
Jul 14, 2014
Sold by
Tran Ben
Bought by
Ho Ping Keung and Mou Keng U
Seller's Agent
George Gao
RE/MAX ELITE REALTY
Buyer's Agent
Maggie Ly
Re/Max Premier Prop SanMarino
List Price
$1,300,000
Sold Price
$1,368,000
Premium/Discount to List
$68,000
5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 20, 2001
Sold by
Tong Chau Kit
Bought by
Tran Ben and Tran Jennifer Minh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
7.26%

Purchase Details

Closed on
May 18, 1998
Sold by
Reehorst John J
Bought by
Tong Chau Kit and Lo Viola Yim Wah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Hongli -- None Available
Wang Hongli $2,890,000 Wfg National Title Co Of Ca
Ho Ping Keung -- Accommodation
Ho Ping Keung $1,368,013 Wfg Title Company
Tran Ben $429,000 Chicago Title Co
Tong Chau Kit $333,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Hongli $1,878,370
Previous Owner Ho Ping Keung $672,000
Previous Owner Tran Ben $343,000
Previous Owner Tong Chau Kit $266,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2016 10/03/16 Sold $2,889,800 -9.1% $559 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $3,180,000 +132.5% $615 / Sq Ft
07/22/2014 07/22/14 Sold $1,368,000 +5.2% $951 / Sq Ft View Prior Sale
06/10/2014 06/10/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $1,300,000 -- $903 / 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 $36,584 $3,353,854 $2,148,009 $1,205,845
2024 $36,584 $3,288,093 $2,105,892 $1,182,201
2023 $35,810 $3,223,621 $2,064,600 $1,159,021
2022 $34,611 $3,160,414 $2,024,118 $1,136,296
2021 $33,976 $3,098,446 $1,984,430 $1,114,016
2019 $33,136 $3,006,547 $1,925,572 $1,080,975
2018 $32,347 $2,947,596 $1,887,816 $1,059,780
2016 $15,792 $1,388,861 $1,103,982 $284,879
2015 $15,516 $1,368,000 $1,087,400 $280,600
2014 $6,161 $516,862 $351,524 $165,338
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16130692

California Regional Multiple Listing Service (CRMLS)

APN: 5785-023-008