NOT LISTED FOR SALE

1860 Alta Oaks Dr Arcadia, CA 91006

Estimated Value: $2,114,000 - $2,544,208

4 Beds
3 Baths
2,696 Sq Ft
$895/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $1,688,000 $626 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $14,980/month

Highlights

  • In Ground Pool
  • Mountain View
  • Private Yard
  • Highland Oaks Elementary School Rated A
  • Corner Lot
  • Shutters

About This Home

As of August 2016

Extraordinary home rental value for living with style in Arcadia! Nestled in the foothills of the much desired Highland Oaks area of Arcadia, this elegant traditional ranch style home offers stunning views of the majestic San Gabriel Mountains. This beautifully updated home has an open and expansive floor plan consisting of nearly 2,700 square feet with four bedrooms and three bathrooms and features plantation shutters, crown moldings, recessed lighting, hardwood floors and an abundance of storage throughout the house. The family room has french doors leading to the covered patio area where you can enjoy the outdoor living space and tranquil views of the impeccable backyard. The updated kitchen has granite counters, a center island, stainless steel appliances and a dining area. Perfectly suited for California outdoor living, the backyard features eco-friendly landscaping, a sparkling pool and spa, Koi pond, and built-in BBQ for entertaining. This expansive home also includes a bonus room that could be used as a gym, music room or home office. Quality abounds throughout this home which is located in walking distance to Highland Oaks Elementary School. This home is turnkey and has lovely curb appeal on a large 14,764 square foot lot. Show and lease!

Last Agent to Rent the Property

Phyllis Lu

Titan One Real Estate License #01526442 Listed on: 07/18/2016

Last Renter's Agent

Noubar Shekerdemian

Berkshire Hathaway Home Serv. License #01296311

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,182

Year Built

  • Built in 1952

Lot Details

  • 0.34 Acre Lot
  • Corner Lot
  • Front Yard Sprinklers
  • Private Yard
  • Lawn

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Turnkey

Interior Spaces

  • 2,696 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Built-In Features
  • Crown Molding
  • Gas Fireplace
  • Double Pane Windows
  • Shutters
  • Family Room
  • Living Room with Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Additional Features

  • Concrete Porch or Patio
  • Suburban Location

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Security Deposit $4,500
  • Rent includes gardener, pool
  • 12-Month Minimum Lease Term
  • Available 8/1/16
  • Tax Lot 56
  • Tax Tract Number 15285
  • Assessor Parcel Number 5765028001

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,182

Year Built

Built in 1952

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Last Month Rent, Security Deposit
  • Available Date: 2016-08-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Other: 300
  • Deposit Pets: 500
  • Deposit Security: 4500
  • Furnished: Partially
  • Transfer Fee Paid By: Tenant

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5765028001
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2696.00
  • Interior Amenities: Built-in Features, Crown Molding
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area, In Kitchen
  • Fireplace Features: Gas, Living Room
  • Levels: One
  • Price Per Square Foot: 1.80
  • Room Type: All Bedrooms Down, Family Room, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: In Ground
  • Window Features: Double Pane Windows, Shutters

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Neighborhood
  • Patio And Porch Features: Concrete
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Outside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Arcadia Unified

Lot Info

  • Lot Features: Lawn, Lot 10000-19999 Sqft, Corner Lot, Sprinklers In Front, Sprinklers Timer, Sprinkler System, Yard
  • Lot Size Sq Ft: 14786.00
  • Price Per Lot Square Foot: 0.33

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Rent Includes: Gardener, Pool

Tax Info

  • Tax Lot: 56
  • Tax Tract Number: 15285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2016
Sold by
Fornaciari Michael G and Fornaciari Bernadette B
Bought by
Yang Weili
Current Estimated Value
$2,413,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2004
Sold by
Fornaciari Michael G and Fornaciari Bernadette B
Bought by
Fornaciari Michael G and Fornaciari Bernadette B

Purchase Details

Closed on
Aug 31, 1993
Sold by
Izbicki Carl
Bought by
Fornaciari Michael G and Fornaciari Bernadette B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
4.37%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yang Weili $1,688,000 Equity Title Company
Fornaciari Michael G -- --
Fornaciari Michael G $460,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yang Weili $880,000
Previous Owner Fornaciari Michael G $350,000
Previous Owner Fornaciari Michael G $80,000
Previous Owner Fornaciari Michael G $378,443
Previous Owner Fornaciari Michael G $368,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2016 08/01/16 Rented $4,850 +7.8% --
07/18/2016 07/18/16 For Rent $4,500 0.0% --
04/28/2016 04/28/16 Sold $1,688,000 0.0% $626 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $1,688,000 -- $626 / 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 $23,182 $2,099,022 $1,456,184 $642,838
2024 $23,182 $2,057,866 $1,427,632 $630,234
2023 $22,695 $2,017,517 $1,399,640 $617,877
2022 $20,905 $1,882,990 $1,372,197 $510,793
2021 $20,527 $1,846,070 $1,345,292 $500,778
2019 $20,026 $1,791,317 $1,305,391 $485,926
2018 $19,534 $1,756,195 $1,279,796 $476,399
2016 $7,789 $660,452 $415,658 $244,794
2015 $7,655 $650,532 $409,415 $241,117
2014 $7,555 $637,790 $401,396 $236,394
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16156630

California Regional Multiple Listing Service (CRMLS)

APN: 5765-028-001