NOT LISTED FOR SALE

Estimated Value: $5,913,496 - $8,488,000

6 Beds
6.5 Baths
5,835 Sq Ft
$1,140/Sq Ft Est. Value

Last Sold December 04, 2015

Last sale price $4,300,000 $737 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $39,395/month

170 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • 0.61 Acre Lot
  • Pasadena High School Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of December 2015

Huge price reduction, over one million from original price! In the most prestigious Pasadena area adjacent to the renowned Huntington Library & Garden, 2 blocks to CalTech - it is rare to find a newly-constructed estate like this 2-story Spanish Colonial, custom built in 1999, south facing with good Feng Shui. Enter through a private gated courtyard w/fountain to this stunning estate situated on over half an acre w/mountain views. Extensively updated, the main house with 4,542sqft features: 5 bedrooms (downstairs bedroom suite), 4 bathrooms & a powder room, impressive 2 story entry, living room w/wood beamed vaulted ceilings, stunning fireplace, many windows & beautiful formal dining room. Light filled, this state of the art kitchen/breakfast area features: all appliances, abundant storage, center island, butler's pantry. The breakfast area w/family room is contiguous to the kitchen & features a built-in desk/work area, 2 built-in book shelves all overlooking and opening to rear patio, pool & gardens. Guest house with 1,293sqft features 1 bedroom suite, 2 full baths, kitchen w/range, built-in sub zero refrigerator, dishwasher, central air/heat, fireplace. Large pool & spa, 4 car garage, security system. Truly incredible! Motivated Seller!

Last Agent to Sell the Property

Daphne Hu

IRN Realty License #01899345 Listed on: 10/12/2015

Last Buyer's Agent

Teresa Marie Barton

Keller Williams Realty License #01364182

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 0.61 Acre Lot
  • Landscaped
  • Private Yard
  • Back and Front Yard

Parking

  • 4 Car Garage
  • Automatic Gate

Home Design

  • Colonial Architecture
  • Spanish Architecture

Interior Spaces

  • 5,835 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Beamed Ceilings
  • Two Story Ceilings
  • Recessed Lighting
  • Raised Hearth
  • French Doors
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laundry Room
  • Mountain Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Convection Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Additional Homes

  • Guest House
  • Fireplace in Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 5736019012

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Smoke Detector(s), Security System
  • View: Yes
  • Architectural Style: Colonial, Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5736019012
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5835.00
  • Interior Amenities: Beamed Ceilings, Balcony, Crown Molding, Open Floorplan, Pantry, Recessed Lighting, Storage, Two Story Ceilings
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Eating Area: Area, Dining Room
  • Fireplace Features: Family Room, Guest House, Raised Hearth, Living Room
  • Levels: Two
  • Price Per Square Foot: 736.93
  • Room Type: Dressing Area, Entry, Family Room, Formal Entry, Living Room, Main Floor Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet
  • Spa Features: In Ground
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House
  • View: Mountain(s)
  • Patio And Porch Features: Covered
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Microwave, Refrigerator, Recirculated Exhaust Fan, Trash Compactor
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Common Area, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Front Yard, Landscaped, Yard
  • Lot Size Sq Ft: 26508.00
  • Price Per Lot Square Foot: 162.22
  • Lot Size Acres: 0.6090

Multi Family

  • Lease Considered: No
  • Lot Size Area: 26508.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2018
Sold by
Leech Ii Stephen K
Bought by
Leech Ii Stephen K and Leech Eileen S
Current Estimated Value
$6,653,124

Purchase Details

Listed on
Oct 12, 2015
Closed on
Nov 16, 2015
Sold by
Zhang Keyong
Bought by
Leech Kenneth S and Leech Elleen S
Seller's Agent
Daphne Hu
IRN Realty
Buyer's Agent
Teresa Marie Barton
Keller Williams Realty
List Price
$4,650,000
Sold Price
$4,300,000
Premium/Discount to List
-$350,000
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%

Purchase Details

Closed on
Oct 23, 2014
Sold by
Zhang Keyong
Bought by
Zhang Keyong and Ma Dan

Purchase Details

Listed on
Jan 16, 2013
Closed on
Mar 1, 2013
Sold by
Argueta Lemy and Argueta Regina
Bought by
Ma Dan and Zhang Keyong
Seller's Agent
Linda Chang
COMPASS
Buyer's Agent
Joan Huang
COLDWELL BANKER DYNASTY/TC
List Price
$4,350,000
Sold Price
$4,200,000
Premium/Discount to List
-$150,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%

Purchase Details

Closed on
Oct 10, 2007
Sold by
Argueta Lemy and Argueta Regina
Bought by
Argueta Lemy

Purchase Details

Closed on
Aug 25, 2005
Sold by
Davis Teresa Lynne
Bought by
Argueta Lemy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,503,125
Interest Rate
5.31%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 28, 2004
Sold by
Davis Steven T
Bought by
Davis Teresa Lynne

Purchase Details

Closed on
Jul 15, 2002
Sold by
Jagels George D
Bought by
Davis Steven T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 22, 1999
Sold by
Starland Development
Bought by
Davis Steven T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Interest Rate
3.45%

Purchase Details

Closed on
Apr 7, 1998
Sold by
Sun Kwo Tai Richard and Sun George Kau Tin
Bought by
Starland Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$694,200
Interest Rate
7.13%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leech Ii Stephen K -- None Available
Leech Ii Stephen K -- None Available
Leech Kenneth S $4,300,000 First American Title Company
Zhang Keyong -- Accommodation
Ma Dan $4,200,000 Equity Title Los Angeles
Argueta Lemy -- None Available
Argueta Lemy -- First American Title Co
Davis Teresa Lynne -- Chicago Title
Davis Steven T $625,000 First American Title Co
Davis Steven T $1,750,000 Progressive Title Company
Davis Steven T -- Progressive Title Company
Starland Development $1,068,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Argueta Lemy $2,503,125
Previous Owner Davis Steven T $275,000
Previous Owner Davis Steven T $1,225,000
Previous Owner Starland Development $694,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2015 12/04/15 Sold $4,300,000 -0.5% $737 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
11/12/2015 11/12/15 Price Changed $4,320,000 -7.1% $740 / Sq Ft
10/12/2015 10/12/15 For Sale $4,650,000 +8.1% $797 / Sq Ft
10/06/2015 10/06/15 Off Market $4,300,000 -- --
09/22/2015 09/22/15 For Sale $4,650,000 0.0% $797 / Sq Ft
09/03/2015 09/03/15 Pending -- -- --
07/15/2015 07/15/15 Price Changed $4,650,000 -6.1% $797 / Sq Ft
06/15/2015 06/15/15 Price Changed $4,950,000 -9.8% $848 / Sq Ft
06/01/2015 06/01/15 For Sale $5,488,000 +30.7% $941 / Sq Ft
04/04/2013 04/04/13 Sold $4,200,000 -3.4% $919 / Sq Ft View Prior Sale
03/05/2013 03/05/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $4,350,000 -- $952 / 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 $55,675 $5,090,324 $3,551,390 $1,538,934
2024 $55,675 $4,990,514 $3,481,755 $1,508,759
2023 $55,215 $4,892,662 $3,413,486 $1,479,176
2022 $53,273 $4,796,728 $3,346,555 $1,450,173
2021 $51,085 $4,702,676 $3,280,937 $1,421,739
2019 $49,129 $4,563,194 $3,183,624 $1,379,570
2018 $50,191 $4,473,720 $3,121,200 $1,352,520
2016 $48,731 $4,300,000 $3,000,000 $1,300,000
2015 $48,969 $4,303,363 $2,582,018 $1,721,345
2014 $47,869 $4,219,067 $2,531,440 $1,687,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15116472

California Regional Multiple Listing Service (CRMLS)

APN: 5736-019-012