NOT LISTED FOR SALE

2318 Louise Ave Arcadia, CA 91006

Estimated Value: $2,385,275 - $2,661,000

4 Beds
5 Baths
4,544 Sq Ft
$554/Sq Ft Est. Value

Last Sold September 26, 2017

Last sale price $1,750,000 $385 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $15,026/month

153 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Pool View
  • Longley Way Elementary School Rated A+
  • Bonus Room
  • No HOA

About This Home

As of September 2017

This spectacular custom home was built in 2001, featuring 4 bedrooms 5 bathrooms and library may coverted into addition bedroom. Open floor plan. Grand entry with elegant chandelier leads you to large living room and formal dinning room. Gourmet kitchen has built in subzero refrigerator, double ovens, with center island lots of storage room. Family room has double sliding glass opens up to beautiful pool and built in BBQ for entertainment. There is separate bathroom conveniently located by the pool. Upstairs has master bedroom with a balcony and two bedrooms suites.

Last Agent to Sell the Property

KUO CHIU

HIGHLAND REAL ESTATE License #00759612 Listed on: 02/15/2017

Last Buyer's Agent

Sandy Chen

TTC Real Estate Inc. License #01730582

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 9,538 Sq Ft Lot
  • Cul-De-Sac
  • Front Yard
  • Property is zoned ARR1YY

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors

Home Design

  • Turnkey
  • Tile Roof

Interior Spaces

  • 4,544 Sq Ft Home
  • Bar
  • Family Room with Fireplace
  • Bonus Room
  • Storage
  • Laundry Room
  • Pool Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 5 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Water Softener

Additional Features

  • Urban Location
  • Agricultural

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 50
  • Tax Tract Number 16803
  • Assessor Parcel Number 5789026006

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: ARR1YY
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5789026006
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4544.00 Square Feet
  • Interior Amenities: Bar, Pantry, Storage
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 385.12
  • Room Type: All Bedrooms Up, Bonus Room, Family Room, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: In Ground

Exterior Features

  • View: Pool
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Water Softener
  • 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: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural - Vine/Vineyard, Cul-De-Sac, Front Yard
  • Lot Size Sq Ft: 9538.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4308.03
  • Tax Lot: 50
  • Tax Tract Number: 16803

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2017
Closed on
Sep 21, 2017
Sold by
Mak Raymond
Bought by
Lam Stephanie Mysuot
Seller's Agent
KUO CHIU
HIGHLAND REAL ESTATE
Buyer's Agent
Sandy Chen
TTC Real Estate Inc.
List Price
$2,098,800
Sold Price
$1,750,000
Premium/Discount to List
-$348,800
-16.62%
Current Estimated Value
$2,517,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$767,069
Avg. Annual Appreciation
4.49%
Original Mortgage
$1,000,000
Outstanding Balance
$835,071
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,681,998

Purchase Details

Listed on
Feb 15, 2017
Closed on
Sep 18, 2017
Sold by
Liu Hong Lie
Bought by
Mak Raymond and Lam Stephanie Mysuot
Seller's Agent
KUO CHIU
HIGHLAND REAL ESTATE
Buyer's Agent
Sandy Chen
TTC Real Estate Inc.
List Price
$2,098,800
Sold Price
$1,750,000
Premium/Discount to List
-$348,800
-16.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$835,071
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,681,998

Purchase Details

Closed on
Nov 4, 2011
Sold by
Hajjar Karnik F
Bought by
Liu Hong Lie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$894,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2005
Sold by
Hajjar Karnik F
Bought by
Hajjar Karnik F and Hajjar Anahid Noel

Purchase Details

Closed on
Apr 9, 2003
Sold by
Hajjar Karnik F
Bought by
Hajjar Karnik F and Hajjar Anahid Noel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.6%

Purchase Details

Closed on
Aug 23, 2001
Sold by
Hajjar Karnik F
Bought by
Hajjar Karnik F and Hajjar Anahid Noel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.09%

Purchase Details

Closed on
Sep 20, 2000
Sold by
Hajjar Karnik F
Bought by
Hajjar Karnik F and Hajjar Anahid Noel
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
Lam Stephanie Mysuot -- None Available
Mak Raymond $1,750,000 Title 365
Liu Hong Lie $1,489,000 Advantage Title Inc
Hajjar Karnik F -- --
Hajjar Karnik F -- Gateway Title Company
Hajjar Karnik F -- --
Hajjar Karnik F -- First American Title Co
Hajjar Karnik F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mak Raymond $1,000,000
Previous Owner Liu Hong Lie $894,000
Previous Owner Hajjar Karnik F $650,000
Previous Owner Hajjar Karnik F $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2017 09/26/17 Sold $1,750,000 -12.4% $385 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
04/05/2017 04/05/17 Price Changed $1,998,800 -4.8% $440 / Sq Ft
02/15/2017 02/15/17 For Sale $2,098,800 -- $462 / 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 $22,059 $1,991,194 $1,167,523 $823,671
2024 $22,059 $1,952,152 $1,144,631 $807,521
2023 $21,597 $1,913,876 $1,122,188 $791,688
2022 $20,882 $1,876,350 $1,100,185 $776,165
2021 $20,494 $1,839,560 $1,078,613 $760,947
2019 $19,992 $1,785,000 $1,046,622 $738,378
2018 $19,456 $1,750,000 $1,026,100 $723,900
2016 $17,987 $1,579,673 $669,621 $910,052
2015 $17,674 $1,555,946 $659,563 $896,383
2014 $17,419 $1,525,469 $646,644 $878,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17028761

California Regional Multiple Listing Service (CRMLS)

APN: 5789-026-006