NOT LISTED FOR SALE

1662 Lorain Rd San Marino, CA 91108

Estimated Value: $3,297,007 - $3,553,000

5 Beds
3 Baths
3,415 Sq Ft
$991/Sq Ft Est. Value

Last Sold November 10, 2016

Last sale price $2,288,000 $670 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $21,015/month

127 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Main Floor Bedroom
  • Valentine Elementary Rated A+
  • Wood Flooring
  • Spanish Architecture

About This Home

As of November 2016

Welcome to this distinguished Spanish Revival in renowned San Marino! This gorgeous hacienda features 5 beds, 3 baths with approx. 3,415 sqft and is within walking distance to award-winning Valentine Elementary School(953 API). Elevated on an expansive 13,363 sqft lot, this home looks onto a wide tree lined street. The home oozes with character and boasts many upgraded features, completed in 2010, that are true to its Spanish Charm. Updates include copper plumbing, updated wiring, foundation retrofitting, full kitchen and bath remodeling, etc. The formal living room glows with allure with its high vaulted ceiling and beautifully exposed wood beams. The cozy family room fills with warmth from the sunlight and the kitchen is encircled with custom cabinetry, granite counters, a farmhouse sink, and stainless steel appliances. The elegant master suite is full of natural lighting and includes a walk-in closet and a sizeable master bath featuring his & her sinks. In addition the custom carved wooden bathroom vanities, hardwood floors, and classic windows complete the overall theme. Through the patio the endless backyard is perfect for gatherings. Attached behind the 2-car garage is a finished bonus room with 309sqft, perfect for an entertainment or tea room.

Last Agent to Sell the Property

John Man

ManRealty.com License #01388408 Listed on: 08/05/2016

Co-Listed By

Morgan Kwong

MANREALTY.COM License #01799887

Last Buyer's Agent

CHARLES HSU

KO TAI REALTY License #01347368

KO TAI REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,988

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • 0.31 Acre Lot
  • Landscaped
  • Sprinkler System
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Spanish Architecture
  • Turnkey
  • Tile Roof
  • Copper Plumbing

Interior Spaces

  • 3,415 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Entrance Foyer
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Basement

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Stone Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 9674
  • Assessor Parcel Number 5365001004

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,988

Year Built

Built in 1928 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Morgan Kwong
  • Other Phone Number: 626-354-8913
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5365001004
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3415.00 Square Feet
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Balcony, Copper Plumbing Full, Granite Counters
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 669.99
  • Room Type: Basement, Bonus Room, Den, Entry, Family Room, Foyer, Living Room, Master Bedroom, Main Floor Bedroom, Master Suite, Walk-In Closet, Separate Family Room

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Neighborhood
  • Patio And Porch Features: Stone
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Cooktop, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • 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: San Marino Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Lawn, Landscaped, Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 13363.00
  • Price Per Lot Square Foot: 179.53

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 9674

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2017
Sold by
Hsu Michael and Hsu Tammy Daming
Bought by
Hsu Michael and Park Young Jean
Current Estimated Value
$3,383,002

Purchase Details

Listed on
Aug 5, 2016
Closed on
Oct 19, 2016
Sold by
Zhao Rongmin and Zhao Stacey
Bought by
Hsu Michael and Hsu Tammy Daming
Seller's Agent
John Man
ManRealty.com
Buyer's Agent
CHARLES HSU
KO TAI REALTY
List Price
$2,399,000
Sold Price
$2,288,000
Premium/Discount to List
-$111,000
-4.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$1,400,000
Outstanding Balance
$1,126,970
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$2,270,020

Purchase Details

Listed on
Aug 5, 2016
Closed on
Sep 22, 2016
Sold by
Hsu Charles Chialee
Bought by
Hsu Tammy Daming
Seller's Agent
John Man
ManRealty.com
Buyer's Agent
CHARLES HSU
KO TAI REALTY
List Price
$2,399,000
Sold Price
$2,288,000
Premium/Discount to List
-$111,000
-4.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$1,126,970
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$2,270,020

Purchase Details

Closed on
May 6, 2016
Sold by
Zhao Rongmin and Dong Kathy
Bought by
Zhao Rongmin and Zhao Stacey

Purchase Details

Closed on
Jul 6, 2009
Sold by
Miller Lesley and The Lesley Miller Trust
Bought by
Zhao Rongmin and Dong Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2002
Sold by
Mehran Lesley Miller
Bought by
Miller Lesley and Lesley Miller Trust

Purchase Details

Closed on
Jun 8, 2000
Sold by
Miller Lesley and Miller Mehran Brandon
Bought by
Miller Lesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,625
Interest Rate
8.27%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 7, 2000
Sold by
Miller Lesley
Bought by
Mehran Lesley Miller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,625
Interest Rate
8.27%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 1, 2000
Sold by
Mehran Mark Lawrence and Mehran Mark Whitney
Bought by
Miller Lesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,625
Interest Rate
8.27%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 22, 1999
Sold by
Mehran Diana Leigh
Bought by
Miller Lesley
Source: Public Records

Range of Values:

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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
Hsu Michael -- None Available
Hsu Michael $2,288,000 Pacific Coast Title
Hsu Tammy Daming -- Pacific Coast Title
Zhao Rongmin -- None Available
Zhao Rongmin $1,770,000 Equity Title Los Angeles
Miller Lesley -- --
Miller Lesley -- Fidelity National Title Co
Mehran Lesley Miller -- Fidelity National Title Co
Miller Lesley -- Fidelity National Title Co
Miller Lesley -- --
Miller Lesley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsu Michael $1,400,000
Previous Owner Zhao Rongmin $625,000
Previous Owner Zhao Rongmin $300,000
Previous Owner Zhao Rongmin $900,000
Previous Owner Mehran Lesley Miller $625,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2016 11/10/16 Sold $2,288,000 -4.6% $670 / Sq Ft
08/05/2016 08/05/16 For Sale $2,399,000 +4.9% $702 / Sq Ft
08/04/2016 08/04/16 Off Market $2,288,000 -- --
07/05/2016 07/05/16 For Sale $2,399,000 +4.9% $702 / Sq Ft
06/21/2016 06/21/16 Off Market $2,288,000 -- --
04/20/2016 04/20/16 For Sale $2,498,000 -- $731 / 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 $30,988 $2,655,414 $2,106,112 $549,302
2024 $30,988 $2,603,348 $2,064,816 $538,532
2023 $30,396 $2,552,303 $2,024,330 $527,973
2022 $29,452 $2,502,259 $1,984,638 $517,621
2021 $28,916 $2,453,196 $1,945,724 $507,472
2019 $28,005 $2,380,434 $1,888,013 $492,421
2018 $27,431 $2,333,760 $1,850,994 $482,766
2016 $22,915 $1,930,021 $1,352,107 $577,914
2015 $22,570 $1,901,032 $1,331,798 $569,234
2014 $22,259 $1,863,794 $1,305,710 $558,084
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16082392

California Regional Multiple Listing Service (CRMLS)

APN: 5365-001-004