NOT LISTED FOR SALE

1614 S 1st Ave Arcadia, CA 91006

Estimated Value: $3,820,287 - $6,238,000

4 Beds
5 Baths
6,005 Sq Ft
$756/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $3,188,000 $531 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $27,159/month

65 Days on Market

Highlights

  • Guarded Parking
  • Home Theater
  • Heated In Ground Pool
  • Camino Grove Elementary School Rated A
  • Built in 2015 | Newly Remodeled
  • Primary Bedroom Suite

About This Home

As of August 2015

Brand new spectacular Mediterranean estate located in prestigious area of Arcadia, within walking distance to schools & library, developed by Proactive Development, designed by Robert Tong & a renowned builder. It features an impressive 6005 sq ft of living areas, offering 4 spacious suites (2 master suites), 5 bathrooms, home gym, wet bar, stately library with coffered ceiling, and luxury home theater. Every room is custom built with great attention to detail, special feature lighting and with dedication to create a home that is uniquely in its own class, luxury & warmth.
Beyond the beautiful gated circular driveway and landscape garden, an exquisite double entry door greets you with natural stone with marble inlay floor and a special unique crystal lighting feature. Designed formal living & dining rooms. A super-sized family room with surround sound and wet bar, breakfast nook overlooking beautiful landscape backyard garden with golf putting greens, spa and pool. The huge entertainer’s kitchen features oversized center island and top of the line Thermador appliances, a special designed desk & a separate wok kitchen. The home theater is custom built with the state of the art entertainment & surround sound systems. And so much more...

Last Agent to Sell the Property

Rhea Bai

RE/MAX PREMIER/ARCADIA License #01360246 Listed on: 08/19/2015

RE/MAX PREMIER/ARCADIA

Last Buyer's Agent

Jenny Ma

Sunny Realty Group, Inc. License #01882851

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x152
  • Brick Fence
  • Landscaped
  • Private Yard
  • Lawn
  • Garden
  • Back Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Parking Lot
  • Guarded Parking

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Fire Rated Drywall
  • Frame Construction
  • Tile Roof
  • Cement Siding
  • Stone Siding
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 6,005 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Bar
  • Crown Molding
  • Coffered Ceiling
  • Two Story Ceilings
  • Recessed Lighting
  • Double Pane Windows
  • Wood Frame Window
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Library
  • Loft
  • Storage
  • Home Gym
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Double Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

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

Accessible Home Design

  • Halls are 48 inches wide or more

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Permits For Spa

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Two cooling system units
  • Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 5789003023

Home Details

Home Type

Single Family

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Fire and Smoke Detection System, Smoke Detector(s), Security System
  • View: Yes
  • Architectural Style: Mediterranean
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5789003023
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6005.00
  • Interior Amenities: Bar, Balcony, Coffered Ceiling(s), Crown Molding, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Wired for Sound, Two Story Ceilings, Vacuum Central, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Accessibility Features: 48 Inch Or More Wide Halls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, French Doors, Sliding Doors
  • Eating Area: Breakfast Nook, In Family Room, Dining Room, In Kitchen, In Living Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 530.89
  • Room Type: Family Room, Foyer, Exercise Room, Loft, Library, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Separate Family Room, Home Theatre
  • Spa Features: Heated, In Ground, Permits
  • Window Features: Double Pane Windows, Wood Frames
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Exterior Features: Lighting, Rain Gutters
  • View: Pool
  • Fence: Yes
  • Fencing: Brick
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Cement Siding, Concrete, Drywall Walls, Frame, Stucco, Stone

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Direct Garage Access, Garage, Guarded, On Site, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Double Oven, Dishwasher, Disposal, Gas Water Heater, Range Hood, Refrigerator, Trash Compactor, Vented Exhaust Fan
  • Heating Type: Central, Zoned
  • Laundry Features: Gas Dryer Hookup, Inside, Individual Room, Washer Hookup
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Garden, Lawn, Landscaped, Lot 10000-19999 Sqft, Yard
  • Lot Size: 75X152
  • Lot Size Sq Ft: 11425.00
  • Price Per Lot Square Foot: 279.04
  • Lot Size Acres: 0.2620

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11425.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2015
Closed on
Jul 24, 2015
Sold by
Proactive Development Llc
Bought by
Chen Yanqing
Seller's Agent
Rhea Bai
RE/MAX PREMIER/ARCADIA
Buyer's Agent
Jenny Ma
Sunny Realty Group, Inc.
List Price
$3,488,000
Sold Price
$3,188,000
Premium/Discount to List
-$300,000
-8.6%
Current Estimated Value
$4,536,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,348,822
Avg. Annual Appreciation
3.46%

Purchase Details

Listed on
Jul 24, 2013
Closed on
Aug 6, 2013
Sold by
Tran Kien
Bought by
Proactive Development Llc
Seller's Agent
Rhea Bai
RE/MAX PREMIER/ARCADIA
Buyer's Agent
Rhea Bai
RE/MAX PREMIER/ARCADIA
List Price
$1,200,000
Sold Price
$1,175,000
Premium/Discount to List
-$25,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.55%

Purchase Details

Closed on
Dec 31, 1996
Sold by
Tran Kien and Tran Thina
Bought by
Tran Kien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.53%

Purchase Details

Closed on
Sep 21, 1994
Sold by
Franco Richard D and Franco Therese M
Bought by
Tran Kien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.5%

Purchase Details

Closed on
Sep 20, 1994
Sold by
Franco Jennifer
Bought by
Franco Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.5%

Purchase Details

Closed on
Apr 6, 1994
Sold by
Franco Therese M
Bought by
Franco Therese M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chen Yanqing $3,188,000 Wfg Title Company Of Ca
Proactive Development Llc $1,175,000 Fidelity National Title
Tran Kien -- Stewart Title Co
Tran Kien $332,000 Commonwealth Land Title Co
Franco Richard D -- Commonwealth Land Title Co
Franco Therese M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Kien $185,000
Previous Owner Tran Kien $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2015 08/21/15 Sold $3,188,000 0.0% $531 / Sq Ft
08/12/2015 08/12/15 Pending -- -- --
07/15/2015 07/15/15 Price Changed $3,188,000 -8.6% $531 / Sq Ft
06/08/2015 06/08/15 For Sale $3,488,000 +196.9% $581 / Sq Ft
08/30/2013 08/30/13 Sold $1,175,000 -2.1% $460 / Sq Ft View Prior Sale
08/20/2013 08/20/13 Price Changed $1,200,000 +2.1% $469 / Sq Ft
08/12/2013 08/12/13 Pending -- -- --
08/01/2013 08/01/13 Off Market $1,175,000 -- --
07/24/2013 07/24/13 For Sale $1,200,000 -- $469 / 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 $40,665 $3,728,956 $2,249,212 $1,479,744
2024 $40,665 $3,655,840 $2,205,110 $1,450,730
2023 $39,805 $3,584,158 $2,161,873 $1,422,285
2022 $38,473 $3,513,882 $2,119,484 $1,394,398
2021 $37,769 $3,444,983 $2,077,926 $1,367,057
2019 $36,835 $3,342,805 $2,016,295 $1,326,510
2018 $35,973 $3,277,260 $1,976,760 $1,300,500
2016 $35,281 $3,150,000 $1,900,000 $1,250,000
2015 $13,687 $1,198,476 $958,781 $239,695
2014 $13,493 $1,175,000 $940,000 $235,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS15122755

California Regional Multiple Listing Service (CRMLS)

APN: 5789-003-023