NOT LISTED FOR SALE

231 W Foothill Blvd Arcadia, CA 91006

Estimated Value: $5,001,000 - $5,537,000

5 Beds
6 Baths
7,130 Sq Ft
$743/Sq Ft Est. Value

Sale Details

Date Sold: March 8, 2022

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

Est. 13% increase in value since last sale

Current estimated payment $33,228 / mo

About This Home

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Feb 15, 2022
Sold by
Bought by
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
$5,296,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$616,768
Avg. Annual Appreciation
2.90%
Original Mortgage
$3,276,000
Outstanding Balance
$3,041,437
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$2,255,331

Purchase Details

Listed on
Oct 23, 2012
Closed on
Nov 1, 2012
Sold by
Bought by
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
Bought by

Purchase Details

Closed on
Aug 8, 1999
Sold by
Bought by

Purchase Details

Closed on
Jul 20, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 6, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,680,000 Chicago Title
$1,760,000 Fatcola
-- Equity Title Company
-- Equity Title Company
$648,000 Equity Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,276,000
Previous Owner $1,056,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 View Prior Sale
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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $57,421 $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

  • W

    Seller's Agent in 2022

    Winnie Cheng

    Treelane Realty Group Inc.

    (626) 244-5880

    34 Total Sales

    Winnie Cheng
    Section Image
  • Peter Cheng

    Seller Co-Listing Agent in 2022

    Peter Cheng

    Treelane Realty Group Inc.

    (818) 516-6188

    55 Total Sales

    Peter Cheng
    Section Image

  • M

    Buyer's Agent in 2022

    Michael Verdi

    Michael V. Allahverdi

    (818) 548-1100

    2 Total Sales

    Michael Verdi
    Section Image

  • T

    Seller's Agent in 2012

    TEDDY LU

    Singpoli Realty

    Section Image

  • G

    Buyer's Agent in 2012

    General NONMEMBER

    NONMEMBER MRML

See All Agents

Map

California Los Angeles County Arcadia 91006

231 W Foothill Blvd, Arcadia, CA

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