NOT LISTED FOR SALE

206 E Forest Ave Arcadia, CA 91006

Estimated Value: $2,374,376 - $2,878,000

5 Beds
4 Baths
3,622 Sq Ft
$716/Sq Ft Est. Value

Last Sold June 19, 2014

Last sale price $1,728,000 $477 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $15,580/month

26 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Granite Countertops
  • Highland Oaks Elementary School Rated A+
  • High Ceiling
  • 3-minute walk to Eisenhower Park

About This Home

As of June 2014

This luxurious home with mountain views is located in the award-winning Arcadia Unified School District. You will simply love this home once you walk through its grand double entry doors. It was built in 1998 and consists of 3,622 sqft of living space and sit upon a 9,590 sqft lot. The first floor of this immaculate home features an open floor plan with high ceilings , marble flooring, a fire place in the living room, large family room and a beautiful kitchen with a center granite island and screen-in back porch. You will also find one large bedroom with direct access to the bathroom, which is perfect for guest or elderly parents. On the second floor of this home you will find the other spacious bedrooms and baths, along with the large master suite with it’s over size tub, his and her sinks, and large custom walk in closet. Other key features of this home is its dual climate control for each level of the home, plantation shutters, extensive use of beautiful decorative molding as well as other architectural details that you truly must see for yourself.

Last Agent to Sell the Property

Vincent Chen

Fairview Realty, Inc. License #00992281 Listed on: 04/24/2014

Last Buyer's Agent

YAJUN BAI

Pinnacle Real Estate Group License #01888806

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 8,944 Sq Ft Lot
  • Block Wall Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Lawn

Parking

  • 3 Car Garage

Home Design

  • Turnkey
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,622 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Living Room with Fireplace
  • Stone Flooring
  • Mountain Views
  • Intercom
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • 4 Full Bathrooms

Utilities

  • Two cooling system units
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 12059
  • Assessor Parcel Number 5772022015

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5772022015
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3622.00
  • Interior Amenities: Built-in Features, Crown Molding, Granite Counters, High Ceilings, Intercom, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 477.08
  • Room Type: Master Suite
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Lawn, Landscaped, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 8944.00
  • Lot Size Acres: 0.2050

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8944.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 28
  • Tax Tract Number: 12059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2016
Sold by
Chen Shu Jie
Bought by
Chen Shu Jie and Wu Mina
Current Estimated Value
$2,593,594

Purchase Details

Closed on
Jun 17, 2015
Sold by
Chen Shu Jie
Bought by
Wu Mina and Chan Cherrie Yui

Purchase Details

Listed on
Apr 24, 2014
Closed on
Jun 12, 2014
Sold by
Wu Mina
Bought by
Chen Shu Jie
Seller's Agent
Vincent Chen
Fairview Realty, Inc.
Buyer's Agent
YAJUN BAI
Pinnacle Real Estate Group
List Price
$1,680,000
Sold Price
$1,728,000
Premium/Discount to List
$48,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.59%
Original Mortgage
$1,036,800
Outstanding Balance
$782,635
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,810,959

Purchase Details

Listed on
Apr 24, 2014
Closed on
Jun 6, 2014
Sold by
Chen Chih Chen
Bought by
Chen Shu Jie and Chen Jiajia
Seller's Agent
Vincent Chen
Fairview Realty, Inc.
Buyer's Agent
YAJUN BAI
Pinnacle Real Estate Group
List Price
$1,680,000
Sold Price
$1,728,000
Premium/Discount to List
$48,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,036,800
Outstanding Balance
$782,635
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,810,959

Purchase Details

Closed on
Sep 1, 2009
Sold by
Marikian Leigh
Bought by
Chen Chih Chen and Chien Hui Wen Chen

Purchase Details

Closed on
Oct 25, 2007
Sold by
Daniels Stephen
Bought by
Daniels Stephen M and Daniels Living Trust

Purchase Details

Closed on
Feb 2, 1999
Sold by
Waken Development Llc
Bought by
Daniels Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,200
Interest Rate
6.73%

Purchase Details

Closed on
Nov 13, 1997
Sold by
Albeck Vern
Bought by
Waken Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
7.16%
Mortgage Type
Construction
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
Chen Shu Jie -- None Available
Wu Mina -- None Available
Chen Shu Jie -- Title 365
Chen Shu Jie $1,728,000 Title 365
Chen Chih Chen $1,100,000 Lawyers Title
Daniels Stephen M -- None Available
Daniels Stephen $579,000 First American Title Co
Waken Development Llc $210,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Shu Jie $1,036,800
Previous Owner Daniels Stephen $463,200
Previous Owner Waken Development Llc $425,000
Closed Daniels Stephen $86,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2014 06/19/14 Sold $1,728,000 +2.9% $477 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $1,680,000 -- $464 / 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 $23,415 $2,118,282 $1,322,089 $796,193
2024 $23,415 $2,076,748 $1,296,166 $780,582
2023 $22,923 $2,036,028 $1,270,751 $765,277
2022 $22,162 $1,996,107 $1,245,835 $750,272
2021 $21,756 $1,956,968 $1,221,407 $735,561
2019 $21,223 $1,898,925 $1,185,180 $713,745
2018 $20,700 $1,861,692 $1,161,942 $699,750
2016 $20,134 $1,776,700 $1,175,411 $601,289
2015 $19,843 $1,762,525 $1,100,048 $662,477
2014 -- $1,158,289 $629,899 $528,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14083955

California Regional Multiple Listing Service (CRMLS)

APN: 5772-022-015