NOT LISTED FOR SALE

1829 S 2nd Ave Arcadia, CA 91006

Estimated Value: $3,135,000 - $4,063,000

6 Beds
6.5 Baths
5,625 Sq Ft
$640/Sq Ft Est. Value

Last Sold September 03, 2014

Last sale price $2,990,000 $532 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $22,082/month

19 Days on Market

Highlights

  • Spa
  • Main Floor Bedroom
  • No HOA
  • Camino Grove Elementary School Rated A
  • Mediterranean Architecture
  • 4-minute walk to Tierra Verde Park

About This Home

As of September 2014

This magnificent two-story estate is situated in the most desirable area of Arcadia. Built in 2003, every detail of this masterpiece has been elegantly designed and carried out. This home has 5,125 sq. ft. with 5 BEDROOMS (All Suites) 6 BATHS, plus EXTRA GUEST HOUSE with 1 BEDROOM 1 BATH APPX 500 sq.ft. situated on a 15,840 sq. ft. LOT. Grand scale foyer with dramatic swirling staircase topped with rotunda ceiling, elegant living room, formal dining room, handsome library with French doors & built-in Maple Bookcases, spacious family room, Luxury master bath with Jacuzzi tub, separate shower with steam room, wet bar with wine cellar, state-of-the art gourmet kitchen with center island, walk-in pantry, separate wok room and laundry room. Major design features include soaring ceiling in entry, triple carved moldings, wainscotings, arched doorways, tall ceilings and doors, extensive use of mosaic tiles, custom paintings, imported travertine and granite, custom designed window coverings and Beautifully landscaped.

Last Agent to Sell the Property

Gloria Chu

IRN REALTY License #01780122 Listed on: 05/01/2014

IRN REALTY

Last Buyer's Agent

Ister Kam Yan Wong

Pacific One Realty Inc. License #01292146

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 0.36 Acre Lot
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 5,625 Sq Ft Home
  • Crown Molding
  • Living Room with Fireplace
  • Dining Room
  • Stone Flooring
  • Home Security System
  • Disposal
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Spa Bath

Outdoor Features

  • Spa
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 1
  • Assessor Parcel Number 5789011016

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Security System
  • View: No
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5789011016
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5625.00
  • Interior Amenities: Crown Molding
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 531.56
  • Room Type: Main Floor Bedroom
  • Spa Features: Bath

Exterior Features

  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 15840.00
  • Lot Size Acres: 0.3640

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15840.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 32
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2014
Closed on
Aug 27, 2014
Sold by
Tran Kiet
Bought by
Liang Dong Mei and Lam Heinrich Hin Lik
Seller's Agent
Gloria Chu
IRN REALTY
Buyer's Agent
Ister Kam Yan Wong
Pacific One Realty Inc.
List Price
$2,990,000
Sold Price
$2,990,000
Current Estimated Value
$3,601,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$611,147
Avg. Annual Appreciation
1.65%
Original Mortgage
$2,093,000
Outstanding Balance
$1,570,356
Interest Rate
3.61%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,030,791

Purchase Details

Closed on
Jan 28, 2014
Sold by
Tran Kiet
Bought by
Tran Kiet and Huang Jennette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2012
Sold by
Tran Kiet
Bought by
Tran Kiet and Huang Jennette

Purchase Details

Closed on
Sep 2, 2004
Sold by
Tran Kiet
Bought by
Tran Kiet and Huang Jennette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2003
Sold by
Luy Simon
Bought by
Tran Kiet and Huang Jennette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 1998
Sold by
Mcpherson Richard A
Bought by
Luy Simon and Luy Linda Mui Lieu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.42%
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
Liang Dong Mei $2,990,000 Ticor Title Co
Tran Kiet -- First American Title Company
Tran Kiet -- None Available
Tran Kiet -- Ticor Title Co Glendale
Tran Kiet $1,360,000 Southland
Luy Simon $345,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liang Dong Mei $2,093,000
Previous Owner Tran Kiet $625,500
Previous Owner Tran Kiet $720,000
Previous Owner Tran Kiet $825,500
Previous Owner Luy Simon $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2014 09/03/14 Sold $2,990,000 0.0% $532 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $2,990,000 -- $532 / 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 $39,247 $3,593,522 $1,773,686 $1,819,836
2024 $39,247 $3,523,061 $1,738,908 $1,784,153
2023 $38,419 $3,453,982 $1,704,812 $1,749,170
2022 $37,134 $3,386,258 $1,671,385 $1,714,873
2021 $36,458 $3,319,862 $1,638,613 $1,681,249
2019 $35,558 $3,221,395 $1,590,012 $1,631,383
2018 $34,692 $3,158,232 $1,558,836 $1,599,396
2016 $34,030 $3,035,596 $1,498,305 $1,537,291
2015 $33,433 $2,990,000 $1,475,800 $1,514,200
2014 $18,310 $1,606,812 $529,538 $1,077,274
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Gloria Chu

    IRN REALTY

    (626) 447-9521

    1 in this area

    33 Total Sales

    Gloria Chu
    Section Image
  • Ister Kam Yan Wong

    Buyer's Agent in 2014

    Ister Kam Yan Wong

    Pacific One Realty Inc.

    (626) 378-7979

    51 Total Sales

    Ister Kam Yan Wong
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14099551

California Regional Multiple Listing Service (CRMLS)

APN: 5789-011-016

California Los Angeles County Arcadia 91006

1829 S 2nd Ave, Arcadia, CA

Not Listed for Sale

Detached

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