NOT LISTED FOR SALE

1705 S 2nd Ave Arcadia, CA 91006

Estimated Value: $4,289,000 - $5,250,000

6 Beds
7.5 Baths
8,932 Sq Ft
$541/Sq Ft Est. Value

Last Sold June 22, 2023

Last sale price $3,888,000 $435 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $29,340/month

33 Days on Market

Highlights

  • Private Pool
  • Bonus Room
  • Neighborhood Views
  • Camino Grove Elementary School Rated A
  • No HOA
  • 1-minute walk to Tierra Verde Park

About This Home

As of June 2023

Welcome to this stunning French Country Estate, featuring 9,661 sqft built by local prominent builder Tipping Development and Designed by the highly reputable Robert Tong. As you approach the property, you'll be greeted by a gated front courtyard with a circular driveway. Step inside and be welcomed by a 2-story ceiling foyer and an open floor plan that exudes luxury and elegance.
This home has 6 bedrooms and 6.5 bathrooms, including two master suites, With a movie theater, home office, 4-car garage, and Private elevator. formal living and dining rooms are perfect for entertaining, while the larger kitchen features Wolf and Sub Zero appliances, marble countertops, custom cabinets, and a separate wok kitchen. The spacious family room with easy access to the backyard is perfect for relaxation and unwinding Super large master suite with a balcony overlooking the pool and sitting area. The master bathroom features double sinks, vanity, separate bathtub, and steam shower. all rooms suite with good size. The front yard and back yard are surrounded by lush grass and mature landscaping, creating a serene and private oasis. The pool house adds an additional 726 sqft of living space, perfect for guests or home office.
This home is truly one of a kind, with impeccable attention to detail. Don't miss your chance to own this breathtaking property.

Last Agent to Sell the Property

Song Meng

Harvest Realty Development License #01982954 Listed on: 04/10/2023

Harvest Realty Development

Last Buyer's Agent

Song Meng

IRN Realty License #01982954

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,425

Year Built

  • Built in 2016

Lot Details

  • 0.47 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned ARR1*

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 8,932 Sq Ft Home
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Bonus Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms

Schools

  • Arcadia High School

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 430803
  • Assessor Parcel Number 5789001014
  • $1,504 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,425

Year Built

Built in 2016

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: ARR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5789001014
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8932.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 435.29
  • Room Type: Bonus Room, Family Room, Formal Entry, Foyer, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Arcadia Unified
  • High School: Arcadia
  • High School: Arcadia
  • High School2: ARCADI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 20474.00
  • Lot Size Acres: 0.4700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20474.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4308.03
  • Tax Lot: 31
  • Tax Tract Number: 430803
  • TaxOtherAnnualAssessmentAmount: 1504.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
Jun 1, 2023
Sold by
Galaxy Founder Limited
Bought by
Wu Er Trust
Seller's Agent
Song Meng
Harvest Realty Development
Buyer's Agent
Song Meng
Harvest Realty Development
List Price
$5,580,000
Sold Price
$3,888,000
Premium/Discount to List
-$1,692,000
-30.32%
Total Days on Market
33
Views
104
Current Estimated Value
$4,830,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$942,929
Avg. Annual Appreciation
11.84%
Original Mortgage
$3,000,000
Interest Rate
6.39%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 14, 2020
Sold by
Galaxy Founder Limited Llc
Bought by
Galaxy Founder Limited

Purchase Details

Closed on
Aug 29, 2016
Sold by
1705 Second Llc
Bought by
Galaxy Founder Limited

Purchase Details

Closed on
Sep 30, 2013
Sold by
Glaze Donald
Bought by
1705 Second Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2001
Sold by
Janes Charlie and Janes Joyce A
Bought by
Glaze Donald

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
7.14%
Source: Public Records

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Range of Values:

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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
Wu Er Trust $3,888,000 Chicago Title Company
Galaxy Founder Limited -- Accommodation
Galaxy Founder Limited $4,050,000 First American Title Company
1705 Second Llc $1,568,000 Lawyers Title
Glaze Donald $350,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Er Trust $4,500,000
Closed Wu Er Trust $3,000,000
Previous Owner 1705 Second Llc $2,600,000
Previous Owner 1705 Second Llc $940,000
Previous Owner Glaze Donald $365,000
Previous Owner Glaze Donald $325,000
Previous Owner Glaze Donald W $265,000
Previous Owner Glaze Donald W $275,000
Previous Owner Glaze Donald $275,000
Previous Owner Glaze Donald W $275,000
Previous Owner Glaze Donald $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $3,888,000 -30.3% $435 / Sq Ft
05/14/2023 05/14/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $5,580,000 +37.8% $625 / Sq Ft
09/13/2017 09/13/17 Sold $4,050,000 -7.5% $419 / Sq Ft
08/16/2017 08/16/17 Price Changed $4,380,000 -4.4% $453 / Sq Ft
06/04/2017 06/04/17 For Sale $4,580,000 -- $474 / 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
2024 $44,425 $3,965,760 $2,376,600 $1,589,160
2023 $49,335 $4,429,262 $1,802,436 $2,626,826
2022 $47,686 $4,342,415 $1,767,095 $2,575,320
2021 $46,802 $4,257,271 $1,732,447 $2,524,824
2019 $45,647 $4,131,000 $1,681,062 $2,449,938
2018 $44,479 $4,050,000 $1,648,100 $2,401,900
2016 $18,510 $1,623,717 $1,217,788 $405,929
2015 $18,217 $1,599,328 $1,199,496 $399,832
2014 $17,964 $1,568,000 $1,176,000 $392,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23058590

California Regional Multiple Listing Service (CRMLS)

APN: 5789-001-014