RENTED MAY 26, 2025

231 E Newman Ave Arcadia, CA 91006

Estimated Value: $3,060,000 - $4,604,000

5 Beds
6 Baths
4,459 Sq Ft
$797/Sq Ft Est. Value

Last Sold May 19, 2014

Last sale price $2,488,000 $558 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $21,727/month

Highlights

  • Peek-A-Boo Views
  • No HOA
  • Living Room
  • Highland Oaks Elementary School Rated A+
  • 2 Car Attached Garage
  • 2-minute walk to Eisenhower Park

About This Home

As of May 2025

Beautiful South Facing Estate is located on a quiet street., built in 2013 and partially renovated in 2024. The high ceiling entrance, luxury living room and elegant formal dining room. Spacious Family Room. Gourmet Kitchen w/ Walk in Pantry and center island, separate wok kitchen. Over sized master bedroom. Along the stairways up to second floor offers over sized master suite has sitting room and huge walking closet, two more south facing bedrooms and one bath. Attached two car garage, newly painted interior. Professional landscape. It is conveniently close to supermarkets, restaurants, schools, hospital, and the mall. Truly a distinctive luxury residence that cannot be missed!

Last Agent to Rent the Property

Amy Ji

ReMax 2000 Realty Brokerage Phone: 626-922-9858 License #01743616 Listed on: 04/22/2025

ReMax 2000 Realty

Last Renter's Agent

Neel Patel

Onyx Homes License #02145369

Onyx Homes

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 9,280 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned ARR1YY

Parking

  • 2 Car Attached Garage

Property Views

  • Peek-A-Boo
  • Neighborhood

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 4,459 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Kitchen Island
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $9,600
  • 12-Month Minimum Lease Term
  • Available 4/23/25
  • Tax Lot 19
  • Tax Tract Number 12425
  • Assessor Parcel Number 5772024018

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

9,280 Sq Ft Lot

Parking

2

Rental Info

  • Cashiers Check: Credit Report, Security Deposit
  • Available Date: 2025-04-23
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Pets: 500
  • Deposit Security: 9600
  • Furnished: Partially
  • Pets Allowed: Cats OK, Number Limit, Size Limit
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: Yes
  • Zoning: ARR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5772024018
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4459.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Entry Level: 2
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.15
  • Room Type: Entry, Family Room, Kitchen, Living Room
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • View: Neighborhood, Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 9280.00
  • Lot Size Acres: 0.2130
  • Latitude Manual: 34.14661200

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 9280.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4304.00
  • Tax Lot: 19
  • Tax Tract Number: 12425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2016
Sold by
Wang Jian
Bought by
Li Dongchen
Current Estimated Value
$3,555,879

Purchase Details

Listed on
Mar 28, 2014
Closed on
Apr 22, 2014
Sold by
S G V Property Fund Llc
Bought by
Wang Jian and Li Dongchen
Seller's Agent
Hoss Nouhi
Coldwell Banker Realty
Buyer's Agent
Tina Gong
United Power Realty, Inc.
List Price
$2,488,000
Sold Price
$2,488,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%

Purchase Details

Listed on
Dec 5, 2012
Closed on
Dec 6, 2012
Sold by
Rajaee John Matthew
Bought by
S G V Property Fund Llc
Seller's Agent
Hoss Nouhi
Coldwell Banker Realty
Buyer's Agent
Timothy Johnson
Coldwell Banker Realty
List Price
$578,800
Sold Price
$570,000
Premium/Discount to List
-$8,800
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
188.68%

Purchase Details

Closed on
Aug 8, 2006
Sold by
Rajaee Morteza and Rajaee Mahshid
Bought by
Rajaee John Matthew

Purchase Details

Closed on
Feb 6, 2002
Sold by
Leis Donald E and Estate Of Christine M Fulton
Bought by
Rajaee Morteza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,600
Interest Rate
7.04%
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
Li Dongchen -- Accommodation
Wang Jian $2,448,024 Chicago Title Company
S G V Property Fund Llc $570,005 Chicago Title Company
Rajaee John Matthew -- Accommodation
Rajaee Morteza $302,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rajaee Morteza $241,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2025 05/26/25 Rented $9,600 0.0% --
05/04/2025 05/04/25 Price Changed $9,600 -2.0% $2 / Sq Ft
05/03/2025 05/03/25 Under Contract -- -- --
04/22/2025 04/22/25 For Rent $9,800 0.0% --
05/19/2014 05/19/14 Sold $2,488,000 0.0% $551 / Sq Ft View Prior Sale
04/21/2014 04/21/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $2,488,000 +336.5% $551 / Sq Ft
12/28/2012 12/28/12 Sold $570,000 -1.5% $495 / Sq Ft View Prior Sale
12/06/2012 12/06/12 Pending -- -- --
12/05/2012 12/05/12 For Sale $578,800 0.0% $503 / Sq Ft
03/15/2012 03/15/12 Rented $1,900 0.0% --
03/10/2012 03/10/12 Under Contract -- -- --
02/27/2012 02/27/12 For Rent $1,900 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $32,702 $3,000,902 $1,256,014 $1,744,888
2024 $32,702 $2,942,062 $1,231,387 $1,710,675
2023 $32,009 $2,884,376 $1,207,243 $1,677,133
2022 $30,938 $2,827,821 $1,183,572 $1,644,249
2021 $30,373 $2,772,374 $1,160,365 $1,612,009
2019 $29,621 $2,690,146 $1,125,949 $1,564,197
2018 $28,943 $2,637,399 $1,103,872 $1,533,527
2016 $28,378 $2,534,987 $1,061,008 $1,473,979
2015 $27,878 $2,496,910 $1,045,071 $1,451,839
2014 $6,798 $572,587 $458,070 $114,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR25088846

California Regional Multiple Listing Service (CRMLS)

APN: 5772-024-018

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