$1,880,000
SOLD NOV 29, 2016

1801 S 2nd Ave Arcadia, CA 91006

4 Beds
4.5 Baths
4,016 Sq Ft
8,174 Sq Ft Lot

Recently Sold

$468 Per Sq Ft

14% Below List Price

168 Days on Market

Highlights

  • Wine Cellar
  • Primary Bedroom Suite
  • Retreat
  • Camino Grove Elementary School Rated A
  • City Lights View
  • 2-minute walk to Tierra Verde Park

About This Home

As of November 2016

A distinguished Tuscany-inspired home situated along a tree-line street filled with multi-million$ properties. Enjoy Arcadia's award-winning school district, fine dining,luxury shopping and the world-famous Santa Anita Race Track. Upon entering this opulent estate you'll find the most luxurious bespoke crystal chandelier perched from a crowned-dome ceiling. A bright family room with fireplace and bay arched windows fills with natural light, opening into the formal dining area with a stunning chandelier. The lavish home office features gorgeous built-in wood book cases,glass shelves and is private yet inviting with full view of the family room. The open concept family room and chef's kitchen offer the most lavish finishes, including a second fireplace, built-in entrainment center and direct access to the backyard. The kitchen is both grandiose and functional, offering the finest Viking cook alliances and separate Wok room. Laundry is located on both floors, along with double car garages, full-home security system with central alarm and a gated front yard. The Master Suite features a jacuzzi and steam shower room. All 4 bedrooms are en-suite, with one on the 1st floor and three on the 2nd floor. 2 tankless water heaters, central vacuum, dual zone air/heat.

Last Agent to Sell the Property

Martin Kwok

Pinnacle Real Estate Group License #01296668 Listed on: 04/20/2016

Pinnacle Real Estate Group

Last Buyer's Agent

Margaret Hoi

PACIFIC STERLING REALTY License #01422370

PACIFIC STERLING REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,119

Year Built

  • Built in 2016

Lot Details

  • 8,174 Sq Ft Lot
  • Security Fence
  • Block Wall Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Private Yard
  • Back Yard

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 4,016 Sq Ft Home
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Gas Fireplace
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Library
  • Loft
  • Utility Room
  • Stone Flooring

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area

Location

  • Urban Location

Utilities

  • Cooling System Powered By Gas
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association
  • Foothills
  • Valley

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 4308
  • Assessor Parcel Number 5789011012

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,119

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: (626)447-5100
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5789011012
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4016.00
  • Interior Amenities: Bar, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Family Kitchen, Dining Room
  • Fireplace Features: Electric, Family Room, Gas, Living Room
  • Levels: Two
  • Price Per Square Foot: 468.13
  • Room Type: Dressing Area, Family Room, Formal Entry, Foyer, Galley Kitchen, Loft, Library, Living Room, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Retreat, Separate Family Room, Two Masters, Utility Room, Wine Cellar

Exterior Features

  • View: City Lights, Mountain(s)
  • Fence: Yes
  • Fencing: Block, Security
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Water Source: Public
  • Cooling: Central Air, Dual, Electric, Gas, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Sidewalks, Urban, Valley

Schools

  • School District: Arcadia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Sprinkler System, Yard
  • Lot Size Sq Ft: 8174.00
  • Price Per Lot Square Foot: 242.23

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 4308

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2016
Closed on
Nov 7, 2016
Sold by
Nguyen Hien Quang
Bought by
Wu Chih Wei and Hsin Liu I
Seller's Agent
Martin Kwok
Pinnacle Real Estate Group
Buyer's Agent
Margaret Hoi
PACIFIC STERLING REALTY
List Price
$2,198,000
Sold Price
$1,880,000
Premium/Discount to List
-$318,000
-14.47%
Current Estimated Value
$2,866,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$986,344
Avg. Annual Appreciation
4.72%
Original Mortgage
$1,504,000
Outstanding Balance
$1,215,787
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$1,603,495

Purchase Details

Closed on
May 19, 2015
Sold by
Nguyen Hien Quang
Bought by
Nguyen Hien Quang and Hien Quang Nguyen Family Trust

Purchase Details

Listed on
Nov 15, 2011
Closed on
Feb 8, 2012
Sold by
Zhang Qiu Ping
Bought by
Nguyen Hien Quang and Tran Kim Anh
Seller's Agent
Alice Xu
IRN Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$779,000
Sold Price
$660,000
Premium/Discount to List
-$119,000
-15.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%

Purchase Details

Listed on
Nov 15, 2011
Closed on
Jan 10, 2012
Sold by
Zheng Zhi Yao
Bought by
Zhang Qui Ping
Seller's Agent
Alice Xu
IRN Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$779,000
Sold Price
$660,000
Premium/Discount to List
-$119,000
-15.28%

Purchase Details

Closed on
Apr 19, 2006
Sold by
Hylbom Tor and Hylbom Mary
Bought by
Zheng Zhi Yao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,900
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 12, 2002
Sold by
Anid Elie and Anid Jacqueline
Bought by
Hylbom Tor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.71%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $1,880,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Grant Deed $660,000 Stewart Title
Grant Deed -- Accommodation
Grant Deed $793,000 First Southwestern Title Co
Individual Deed $495,000 Equity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,504,000 New Conventional
Previous Owner $199,982 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $237,900 Fannie Mae Freddie Mac
Previous Owner $250,000 Credit Line Revolving
Previous Owner $395,000 Unknown
Previous Owner $396,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Rented $8,000 0.0% --
09/10/2023 09/10/23 For Rent $8,000 0.0% --
11/29/2016 11/29/16 Sold $1,880,000 -5.1% $468 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
07/18/2016 07/18/16 Price Changed $1,980,000 -9.9% $493 / Sq Ft
04/20/2016 04/20/16 For Sale $2,198,000 +233.0% $547 / Sq Ft
02/27/2012 02/27/12 Sold $660,000 -5.6% $364 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
01/26/2012 01/26/12 Price Changed $699,000 -6.6% $386 / Sq Ft
01/11/2012 01/11/12 Price Changed $748,000 -4.0% $413 / Sq Ft
11/28/2011 11/28/11 For Sale $779,000 +18.0% $430 / Sq Ft
11/23/2011 11/23/11 Off Market $660,000 -- --
11/15/2011 11/15/11 For Sale $779,000 -- $430 / 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 $24,119 $2,181,895 $949,356 $1,232,539
2024 $24,119 $2,139,114 $930,742 $1,208,372
2023 $23,613 $2,097,172 $912,493 $1,184,679
2022 $22,829 $2,056,051 $894,601 $1,161,450
2021 $22,409 $2,015,737 $877,060 $1,138,677
2019 $21,860 $1,955,951 $851,047 $1,104,904
2018 $21,316 $1,917,600 $834,360 $1,083,240
2016 $12,122 $1,061,085 $700,285 $360,800
2015 $8,082 $689,765 $417,831 $271,934
2014 -- $676,255 $409,647 $266,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16083431

California Regional Multiple Listing Service (CRMLS)

APN: 5789-011-012