NOT LISTED FOR SALE

2228 S 5th Ave Arcadia, CA 91006

Estimated Value: $2,484,000 - $2,785,000

5 Beds
4.5 Baths
3,878 Sq Ft
$671/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $2,680,000 $691 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $15,634/month

12 Days on Market

Highlights

  • Primary Bedroom Suite
  • Main Floor Primary Bedroom
  • No HOA
  • Longley Way Elementary School Rated A
  • High Ceiling
  • 3-minute walk to Bicentennial Park

About This Home

As of March 2024

Welcome to your dream home in the desirable neighborhood of Arcadia! This exquisite property boasts a perfect blend of luxury and functionality.
Entertaining is a breeze with two distinct dining areas and two spacious living rooms, providing versatile spaces for both formal gatherings and casual get-togethers. The kitchen is a chef's delight, featuring stainless steel appliances and ample counter space.
The 5 well-appointed bedrooms include 2 master en-suites with one located downstairs. Create a spa-like atmosphere for ultimate relaxation with the luxurious experience of the soaking tub in the master bath. There is also an additional bonus room in one of the adjoining bedrooms, which was used as a spacious walk-in closet.
The impressive 3-car garage and an additional 4-car driveway ensures that parking is never a concern.
This stunning residence is complete with a backyard that provides a bountiful harvest of dates, longan, persimmons, lychee, and kumquat in fall and spring seasons. It is also located in the highly sought after Arcadia school district. Lastly this property is conveniently located to numerous eateries, parks, and grocery stores.

Last Agent to Sell the Property

Wendy Hui

MANREALTY.COM Brokerage Phone: 626-589-1899 License #02155505 Listed on: 02/14/2024

Last Buyer's Agent

Wendy Hui

MANREALTY.COM Brokerage Phone: 626-589-1899 License #02155505 Listed on: 02/14/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,481

Year Built

  • Built in 1996

Lot Details

  • 8,946 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 3,878 Sq Ft Home
  • 2-Story Property
  • Bar
  • High Ceiling
  • Recessed Lighting
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Den
  • Neighborhood Views
  • Gas Range

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 14359
  • Assessor Parcel Number 5790023033

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,481

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5790023033
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3878.00 Square Feet
  • Interior Amenities: Bar, High Ceilings, Recessed Lighting
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 691.08
  • Room Type: Den, Kitchen, Laundry, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Double Sinks In Primary Bath, Main Floor Full Bath, Separate Tub And Shower, Soaking Tub, Vanity Area

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Schools

  • School District: Arcadia Unified

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8946.00
  • Lot Size Acres: 0.2054

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8946.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 20
  • Tax Tract Number: 14359

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Mar 20, 2024
Sold by
Zhao Linda
Bought by
Shi Linda Lanbo
Seller's Agent
Wendy Hui
MANREALTY.COM
Buyer's Agent
Wendy Hui
MANREALTY.COM
List Price
$2,550,000
Sold Price
$2,680,000
Premium/Discount to List
$130,000
5.1%
Views
71
Current Estimated Value
$2,601,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$78,094
Avg. Annual Appreciation
-2.09%
Original Mortgage
$1,680,000
Outstanding Balance
$1,655,347
Interest Rate
6.64%
Mortgage Type
Construction
Estimated Equity
$946,559

Purchase Details

Closed on
Mar 20, 2013
Sold by
Zhao Yikun
Bought by
Zhao Yikun and Hui Yee Kan Erica

Purchase Details

Listed on
Mar 4, 2012
Closed on
Aug 7, 2012
Sold by
Fung Po Sun
Bought by
Hui Yee Kan Erica
Seller's Agent
Anita Chao
GIE Realty
Buyer's Agent
Zarina Guo
S & Z Premier Realty, Inc.
List Price
$1,389,000
Sold Price
$1,217,700
Premium/Discount to List
-$171,300
-12.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$615,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2012
Closed on
Jul 19, 2012
Sold by
Nguyen Nhan V and Nguyen Hang
Bought by
Zhao Yikun
Seller's Agent
Anita Chao
GIE Realty
Buyer's Agent
Zarina Guo
S & Z Premier Realty, Inc.
List Price
$1,389,000
Sold Price
$1,217,700
Premium/Discount to List
-$171,300
-12.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2003
Sold by
Ly Quyen Hue
Bought by
Nguyen Nhan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Shi Linda Lanbo $2,680,000 First American Title
Zhao Yikun -- Accommodation
Hui Yee Kan Erica -- None Available
Zhao Yikun $1,218,000 Investors Title Company
Nguyen Nhan $960,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shi Linda Lanbo $1,680,000
Previous Owner Zhao Yikun $615,000
Previous Owner Nguyen Nhan $500,000
Previous Owner Nguyen Nhan $250,000
Previous Owner Nguyen Nhan $125,000
Previous Owner Nguyen Nhan $600,000
Previous Owner Ly Quyen Hue $50,000
Previous Owner Ly Quyen Hue $466,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $2,680,000 +5.1% $691 / Sq Ft
02/22/2024 02/22/24 For Sale $2,550,000 -4.9% $658 / Sq Ft
02/20/2024 02/20/24 Off Market $2,680,000 -- --
02/14/2024 02/14/24 For Sale $2,550,000 +109.4% $658 / Sq Ft
07/25/2012 07/25/12 Sold $1,217,700 -7.6% $314 / Sq Ft
05/30/2012 05/30/12 Pending -- -- --
03/16/2012 03/16/12 Price Changed $1,318,000 -5.1% $340 / Sq Ft
03/10/2012 03/10/12 For Sale $1,389,000 +14.1% $358 / Sq Ft
03/06/2012 03/06/12 Off Market $1,217,700 -- --
03/04/2012 03/04/12 For Sale $1,350,000 -- $348 / 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 $17,481 $2,733,600 $1,914,540 $819,060
2024 $17,481 $1,531,244 $910,345 $620,899
2023 $17,116 $1,501,221 $892,496 $608,725
2022 $16,553 $1,471,787 $874,997 $596,790
2021 $16,245 $1,442,930 $857,841 $585,089
2019 $15,850 $1,400,134 $832,398 $567,736
2018 $15,449 $1,372,681 $816,077 $556,604
2016 $15,100 $1,319,381 $784,389 $534,992
2015 $14,837 $1,299,563 $772,607 $526,956
2014 $14,626 $1,274,107 $757,473 $516,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24031601

California Regional Multiple Listing Service (CRMLS)

APN: 5790-023-033