NOT LISTED FOR SALE

231 W Foothill Blvd Arcadia, CA 91006

Estimated Value: $4,968,000 - $5,422,000

5 Beds
5.5 Baths
7,130 Sq Ft
$730/Sq Ft Est. Value

Sale Details

Date Sold: March 8, 2022

Last sale price $4,680,000 $656 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $31,903 / mo

15 Days on Market

Highlights

  • Home Theater
  • Private Pool
  • View of Trees or Woods
  • Highland Oaks Elementary School Rated A+
  • Primary Bedroom Suite
  • 0.79 Acre Lot

About This Home

As of March 2022

Stunning Spanish style south-facing estate situated in one of the most desirable areas of Arcadia, designed by well-known Robert Tong, built by Tipping Construction. The custom home sits on a 34,000+ sqft lot with 7,130 sqft living space, boasting 5 beds, 5.5 baths, home theater, library, gated circular driveway and professional landscaping. The grand entrance presents a majestic high ceiling embellished by a crystal chandelier, and a sophisticated wrought-iron spiral staircase. The private library’s wood-beamed ceiling and built-ins reveal refined workmanship. Walking through the living room and formal dining room, you reach the gourmet kitchen featuring granite counters, stainless steel appliances, built-in refrigerator, double oven, and 6-burner stove with grill. The Wok Kitchen is equipped with refrigerator, dishwasher, Wolf cooktop, and walk-in pantry. The breakfast nook offers a sweeping backyard view. The high-ceiling family room has an exquisite wet bar with wine cooler, and French door to your “private park” filled with lush trees, lawns, swimming pool, spa, and built-in barbecue. Powder room, laundry, a Junior-Master suite with double sinks, shower and tub, and another bedroom with yard access. Upstairs, the elegant master suite with luxury finish and walk-in closet, and two other spacious suites. Award-winning Arcadia school district, near the Santa Anita mall, Arboretum, Old Town, restaurants, freeway, etc. This luxurious estate is truly a work of art! Check 3D virtual: https://my.matterport.com/show/?m=2WzYTzwiXgv

Last Agent to Sell the Property

Winnie Cheng

Treelane Realty Group Inc. License #02014620 Listed on: 01/12/2022

Co-Listed By

Peter Cheng

Treelane Realty Group Inc. License #01800721

Last Buyer's Agent

Michael Verdi

Michael V. Allahverdi License #01275164

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 34,271 Sq Ft Lot
  • Landscaped
  • Back and Front Yard
  • Property is zoned ARR0YY

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Circular Driveway

Property Views

  • Woods
  • Pool

Interior Spaces

  • 7,130 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Coffered Ceiling
  • High Ceiling
  • Recessed Lighting
  • Formal Entry
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Loft
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 10617
  • Assessor Parcel Number 5770019008
  • $1,214 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0.79 Acres

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: ARR0YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5770019008
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7130.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Coffered Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Stone Counters
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 656.38
  • Room Type: Entry, Family Room, Formal Entry, Foyer, Great Room, Home Theatre, Kitchen, Laundry, Library, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Two Masters, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private
  • Room Kitchen Features: Granite Counters, Kitchen Island, Walk-In Pantry

Exterior Features

  • View: Pool, Trees/Woods
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Disposal, Gas Cooktop, Microwave, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 34271.00
  • Lot Size Acres: 0.7868
  • Latitude Manual: 34.15120900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 34271.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4306.00
  • Tax Lot: 11
  • Tax Tract Number: 10617
  • TaxOtherAnnualAssessmentAmount: 1214.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Feb 15, 2022
Sold by
Liu and Xiaoming
Bought by
Khanjyan Hripsime Diana
Seller's Agent
Winnie Cheng
Treelane Realty Group Inc.
Buyer's Agent
Michael Verdi
Michael V. Allahverdi
List Price
$5,288,000
Sold Price
$4,680,000
Premium/Discount to List
-$608,000
-11.5%
Current Estimated Value
$5,204,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,946
Avg. Annual Appreciation
2.62%
Original Mortgage
$3,276,000
Outstanding Balance
$3,041,437
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$2,163,509

Purchase Details

Listed on
Oct 23, 2012
Closed on
Nov 1, 2012
Sold by
Hui Man Herman
Bought by
Liu Lei and Zhu Xiaoming
Seller's Agent
TEDDY LU
Singpoli Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$1,880,000
Sold Price
$1,760,000
Premium/Discount to List
-$120,000
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%
Original Mortgage
$1,056,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 1999
Sold by
Wu Wei Ji
Bought by
Hui Un Kit

Purchase Details

Closed on
Aug 8, 1999
Sold by
Leung Pui Lan
Bought by
Hui Kin

Purchase Details

Closed on
Jul 20, 1999
Sold by
Jeffer Kathleen L
Bought by
Hui Man Herman and Chow Kwan Shan

Purchase Details

Closed on
Apr 6, 1995
Sold by
Jeffer Kathleen L
Bought by
Harris Carolyn R and Jeffer Kathleen L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Khanjyan Hripsime Diana $4,680,000 Chicago Title
Liu Lei $1,760,000 Fatcola
Hui Un Kit -- Equity Title Company
Hui Kin -- Equity Title Company
Hui Man Herman $648,000 Equity Title Company
Harris Carolyn R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khanjyan Hripsime Diana $3,276,000
Previous Owner Liu Lei $1,056,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2022 03/08/22 Sold $4,680,000 -11.5% $656 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $5,288,000 +200.5% $742 / Sq Ft
11/16/2012 11/16/12 Sold $1,760,000 -6.4% $624 / Sq Ft View Prior Sale
10/23/2012 10/23/12 For Sale $1,880,000 0.0% $667 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
07/05/2012 07/05/12 For Sale $1,880,000 -- $667 / Sq Ft
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 $53,969 $4,966,451 $2,719,769 $2,246,682
2024 $53,969 $4,869,071 $2,666,441 $2,202,630
2023 $52,826 $4,773,600 $2,614,158 $2,159,442
2022 $40,836 $3,719,199 $2,042,305 $1,676,894
2021 $40,084 $3,646,274 $2,002,260 $1,644,014
2019 $39,095 $3,538,125 $1,942,873 $1,595,252
2018 $38,127 $3,468,751 $1,904,778 $1,563,973
2016 $37,385 $3,334,057 $1,830,814 $1,503,243
2015 $36,730 $3,283,977 $1,803,314 $1,480,663
2014 $27,921 $2,493,990 $1,767,990 $726,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22006541

California Regional Multiple Listing Service (CRMLS)

APN: 5770-019-008

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