NOT LISTED FOR SALE

2431 S 3rd Ave Arcadia, CA 91006

Estimated Value: $2,406,000 - $4,955,000

5 Beds
6 Baths
6,782 Sq Ft
$555/Sq Ft Est. Value

Last Sold November 01, 2016

Last sale price $2,700,000 $398 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $23,385/month

270 Days on Market

Highlights

  • Sound Studio
  • Home Theater
  • Retreat
  • Longley Way Elementary School Rated A
  • Primary Bedroom Suite
  • No HOA

About This Home

As of November 2016

Like Brand New! This magnificent French manor constructed with the high quality of materials. Gated estate with semi-circle driveway leads you to grand double doors entrance. Gracious foyer has large crystal chandelier with 25’ Cathedral ceiling. Main house features living room with fireplace, formal dining room, executive office & spacious family room with wet bar. Gourmet kitchen highlights center island, top of the line appliances, pantry and Chinese wok. Home theater and guest suite with Jacuzzi tub make the main level completion. Extensive use of marble, hardwood floor and crystal chandeliers on the first floor. Wide stairs with decorative wrought iron lead to upper level. Huge master suite with retreat area offers spacious walk-in closet, private master bathroom with steam shower and Jacuzzi tub. Three suites and open entertaining area complete the second floor perfectly. Great features include 12 sets of speakers, 2 sets of surrounding sound system, and smart home ready features.. Advanced security system. 2 tankless water heaters and 4 car attached garage. Guest house features living room and open kitchen, 2 bedrooms and 1 bath. Great for in-laws. Convenient location close to super market and restaurants. Awards winning Arcadia school district.

Last Agent to Sell the Property

Julia Zhao

Re/Max Elite Realty License #01411270 Listed on: 01/28/2016

Re/Max Elite Realty

Last Buyer's Agent

Maggie Ly

Re/Max Premier Prop SanMarino License #01385106

Re/Max Premier Prop SanMarino

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,314

Year Built

  • Built in 2009

Lot Details

  • 0.35 Acre Lot
  • Back Yard

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 6,782 Sq Ft Home
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Home Theater
  • Home Office
  • Library
  • Sound Studio

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • 6 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 13217
  • Assessor Parcel Number 5790027010

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,314

Year Built

Built in 2009

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Maintained
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5790027010
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6782.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 398.11
  • Room Type: Family Room, Formal Entry, Foyer, Library, Living Room, Master Bedroom, Main Floor Bedroom, Multi-Level Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Retreat, Sound Studio, Office, Home Theatre

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 15386.00
  • Price Per Lot Square Foot: 194.33
  • Lot Size Acres: 0.3530

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15386.0000 Square Feet

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 13217

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2016
Closed on
Sep 20, 2016
Sold by
Dai Xiang Ming
Bought by
Pau Hok Kei and Liang Yong Yao
Seller's Agent
Julia Zhao
Re/Max Elite Realty
Buyer's Agent
Maggie Ly
Re/Max Premier Prop SanMarino
List Price
$3,280,000
Sold Price
$2,700,000
Premium/Discount to List
-$580,000
-17.68%
Current Estimated Value
$3,767,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,067,014
Avg. Annual Appreciation
3.74%
Original Mortgage
$1,620,000
Outstanding Balance
$1,303,850
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$2,429,635

Purchase Details

Listed on
Sep 23, 2011
Closed on
Mar 6, 2012
Sold by
Ho Ping Keung
Bought by
Dai Xiang Ming and Cao Junmei
Seller's Agent
Maggie Ly
Re/Max Premier Prop SanMarino
Buyer's Agent
Julia Zhao
Re/Max Elite Realty
List Price
$2,688,000
Sold Price
$2,480,000
Premium/Discount to List
-$208,000
-7.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.87%

Purchase Details

Closed on
Oct 27, 2006
Sold by
Shiqin Xu
Bought by
Ho Ping Keung and Mou Keng U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2002
Sold by
Liling Wei
Bought by
Shiqin Xu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 28, 2002
Sold by
Jones Cyril M
Bought by
Shiqin Xu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 2, 1999
Sold by
Jones Cyril M
Bought by
Jones Cyril M and Jones Martha J
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
Pau Hok Kei $2,700,000 Wfg National Title Co Of Ca
Dai Xiang Ming $2,480,024 Orange Coast Title
Ho Ping Keung $878,000 Security Union Title
Shiqin Xu -- First American Title Co
Shiqin Xu $460,000 First American Title Co
Jones Cyril M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pau Hok Kei $1,620,000
Previous Owner Dai Xiang Ming $1,240,000
Previous Owner Ho Ping Keung $1,464,000
Previous Owner Ho Ping Keung $417,000
Previous Owner Shiqin Xu $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2016 11/01/16 Sold $2,700,000 -9.7% $398 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
04/25/2016 04/25/16 Price Changed $2,990,000 -8.8% $441 / Sq Ft
01/28/2016 01/28/16 For Sale $3,280,000 +21.5% $484 / Sq Ft
12/02/2015 12/02/15 Off Market $2,700,000 -- --
11/05/2015 11/05/15 For Sale $3,280,000 0.0% $484 / Sq Ft
08/25/2014 08/25/14 Rented $1,200 0.0% --
08/25/2014 08/25/14 For Rent $1,200 0.0% --
03/30/2012 03/30/12 Sold $2,480,000 -7.7% $366 / Sq Ft
01/25/2012 01/25/12 Pending -- -- --
09/23/2011 09/23/11 For Sale $2,688,000 -- $396 / 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 $34,314 $3,133,577 $1,719,753 $1,413,824
2024 $34,314 $3,072,135 $1,686,033 $1,386,102
2023 $33,590 $3,011,898 $1,652,974 $1,358,924
2022 $32,470 $2,952,842 $1,620,563 $1,332,279
2021 $31,868 $2,894,944 $1,588,788 $1,306,156
2019 $31,081 $2,809,079 $1,541,664 $1,267,415
2018 $30,325 $2,754,000 $1,511,436 $1,242,564
2016 $29,617 $2,631,378 $900,610 $1,730,768
2015 $29,099 $2,591,853 $887,082 $1,704,771
2014 $28,672 $2,541,083 $869,706 $1,671,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15240339

California Regional Multiple Listing Service (CRMLS)

APN: 5790-027-010