NOT LISTED FOR SALE

1901 Lee Ave Arcadia, CA 91006

Estimated Value: $2,640,202 - $3,265,000

4 Beds
4.5 Baths
3,850 Sq Ft
$757/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $2,200,000 $571 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $17,549/month

27 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Camino Grove Elementary School Rated A
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of July 2016

Gorgeous Custom Estate Built by prominent and local Builder Bowden Development and Designed by the reputable Robert Tong. This outstanding 4 bedroom 4.5 bath home boasts top of the line materials and workmanship with perfectly manicured landscaping. Front entrance is adorned with hand set marble tile and is bordered by natural hardwood floors throughout this premier estate. Chefs dream Jenn Air kitchen accented by separate wok prep room. Huge open floor plan to a bright and airy kitchen with massive island, breakfast area that features a flowing open space with abundant light for entertaining on a massive scale adjacent to a large family room. French doors lead outside to alfresco dining with sunset and mountain views. Formal living & dining rooms entice conversation of premiere finishes and amazing chandeliers. Private Executive office offers a sanctuary of professional seclusion. Beautiful Master suite is spacious with tub and separate steamed shower and walk in closet. Bedrooms are all en-suite baths of imported marble, granite and tile. This property spares no expense in quality. Beautiful yard surrounds this property and bring expansive entertaining to a resort level. Close to Restaurants, shops, and situated near Arcadia's distinguished schools.

Last Agent to Sell the Property

Ash Rizk

Coldwell Banker Realty License #01503342 Listed on: 05/31/2016

Coldwell Banker Realty

Last Buyer's Agent

Ash Rizk

Coldwell Banker Realty License #01503342 Listed on: 05/31/2016

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 8,356 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Driveway

Home Design

  • Copper Plumbing

Interior Spaces

  • 3,850 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Coffered Ceiling
  • Cathedral Ceiling
  • Recessed Lighting
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Home Office
  • Library
  • Laundry Room

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

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

Home Security

  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Location

  • Suburban Location

Utilities

  • Two cooling system units
  • Central Air
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 16872
  • Assessor Parcel Number 5789010009

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Fire Sprinkler System, Smoke Detector(s), Security System, Wired for Alarm System
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5789010009
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3850.00
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Coffered Ceiling(s), Crown Molding, Wired for Data, Copper Plumbing Full, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Wired for Sound, Two Story Ceilings, Vacuum Central, Wainscoting
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 571.43
  • Room Type: Entry, Family Room, Formal Entry, Library, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Separate Family Room, Office, Two Masters
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage Faces Front, Private, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Level with Street, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 8356.00
  • Price Per Lot Square Foot: 263.28

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 25
  • Tax Tract Number: 16872

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2016
Closed on
Jul 8, 2016
Sold by
Luong Becky Bich Ngoc
Bought by
Wen Lili
Seller's Agent
Ash Rizk
Coldwell Banker Realty
Buyer's Agent
Ash Rizk
Coldwell Banker Realty
List Price
$2,380,000
Sold Price
$2,200,000
Premium/Discount to List
-$180,000
-7.56%
Current Estimated Value
$2,913,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$713,051
Avg. Annual Appreciation
3.01%

Purchase Details

Closed on
Apr 15, 2003
Sold by
Shiah Larry Nian Tzu and Shiah Juo Ti
Bought by
Luong Bichngoc Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.71%

Purchase Details

Closed on
Feb 23, 1995
Sold by
Jung Benjamin Shin Siung and Jung Juliet Yuan
Bought by
Shiah Larry Nian Tzu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
9.21%
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
Wen Lili $2,200,000 Equity Title Company
Luong Bichngoc Hong $500,000 Itc
Shiah Larry Nian Tzu $231,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luong Bichngoc Hong $250,000
Previous Owner Shiah Larry Nian Tzu $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Sold $2,200,000 -7.6% $571 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $2,380,000 0.0% $618 / Sq Ft
07/01/2012 07/01/12 Rented $2,950 -1.7% --
06/04/2012 06/04/12 Under Contract -- -- --
05/16/2012 05/16/12 For Rent $3,000 +3.4% --
01/17/2012 01/17/12 Rented $2,900 0.0% --
01/17/2012 01/17/12 Under Contract -- -- --
01/03/2012 01/03/12 For Rent $2,900 -- --
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 $27,974 $2,553,284 $1,787,299 $765,985
2024 $27,974 $2,503,220 $1,752,254 $750,966
2023 $27,383 $2,454,139 $1,717,897 $736,242
2022 $26,470 $2,406,019 $1,684,213 $721,806
2021 $25,988 $2,358,843 $1,651,190 $707,653
2019 $25,347 $2,288,880 $1,602,216 $686,664
2018 $24,772 $2,244,000 $1,570,800 $673,200
2016 $7,713 $660,807 $437,996 $222,811
2015 $7,579 $650,882 $431,417 $219,465
2014 $7,476 $638,133 $422,967 $215,166
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16115554

California Regional Multiple Listing Service (CRMLS)

APN: 5789-010-009