1705 S 2nd Ave Arcadia, CA 91006
6
Beds
7.5
Baths
9,661
Sq Ft
0.47
Acres
Highlights
- Wine Cellar
- In Ground Pool
- View of Trees or Woods
- Camino Grove Elementary School Rated A
- Two Primary Bedrooms
- 1-minute walk to Tierra Verde Park
About This Home
As of June 2023"Huge Price Deduction, $270,000 reduced, $474 per square foot brand new house in Arcadia" Stunning New Construction two storage French Country Grand Estate featuring 9,661 sqft of exquisite design finishes & fixtures. Built by local and prominent builder, Tipping Development and Designed by the reputable Robert Tong. This residence has a main house of 8,935 sqft and a pool house of 726 sqft. The main house offers a beautiful gated front court yard, wide plank flooring, and a dramatic 2-story ceiling foyer. This exquisite estate features 6 full suite bedrooms, and 6 1/2 baths including a grand master suite with private sitting area, a downstairs guest suite, home office, formal living and dining room, home theater, an exquisite great room with a gorgeous wet bar and access to the outdoors. The gourmet kitchen is pristine with Master Wolf and Sub Zero appliances, imported marble counters, entertaining island, custom cabinets and a separate wok kitchen. Upstairs deluxe master suite with a balcony overlooking a huge pool with a gracious sitting area next to the pool house. Back yard surrounded with grass and mature landscaping. Seller is very motivated!!!
Last Agent to Sell the Property
RE/MAX PREMIER/ARCADIA License #01889302 Listed on: 06/04/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $44,425
Year Built
- Built in 2016
Lot Details
- 0.47 Acre Lot
- Property is zoned ARR1*
Parking
- 4 Car Garage
Interior Spaces
- 9,661 Sq Ft Home
- Wine Cellar
- Living Room with Fireplace
- Views of Woods
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms | 2 Main Level Bedrooms
- Retreat
- Double Master Bedroom
- Walk-In Closet
Additional Features
- In Ground Pool
- Central Air
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 31
- Assessor Parcel Number 5789001014
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
93
Views
104
Current Estimated Value
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%
Similar Homes in Arcadia, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,888,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Grant Deed | $4,050,000 | First American Title Company | |
| Grant Deed | $1,568,000 | Lawyers Title | |
| Grant Deed | $350,000 | American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,500,000 | New Conventional | |
| Closed | $3,000,000 | Seller Take Back | |
| Previous Owner | $2,600,000 | Construction | |
| Previous Owner | $940,000 | Purchase Money Mortgage | |
| Previous Owner | $365,000 | New Conventional | |
| Previous Owner | $325,000 | Unknown | |
| Previous Owner | $265,000 | Unknown | |
| Previous Owner | $275,000 | Unknown | |
| Previous Owner | $275,000 | Unknown | |
| Previous Owner | $275,000 | Unknown | |
| Previous Owner | $275,000 | No Value Available |
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
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
-
Song Meng
S
Seller's Agent in 2023
Song Meng
Harvest Realty Development
(626) 632-7225
5 in this area
22 Total Sales
-
Connie Zhou
Seller's Agent in 2017
Connie Zhou
RE/MAX
(626) 203-6803
7 in this area
30 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS17124981
APN: 5789-001-014
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