Seller's Agent in 2019
Ben Tung
BENTON REAL ESTATE & FINANCIAL
(626) 445-1555
3 Total Sales
245 W Norman Ave Arcadia, CA 91007
Estimated Value: $3,871,000 - $4,392,000
7
Beds
8.5
Baths
6,763
Sq Ft
$611/Sq Ft
Est. Value
Highlights
- Wine Cellar
- Home Theater
- Dual Staircase
- Baldwin Stocker Elementary School Rated A+
- Filtered Pool
- Mountain View
About This Home
As of February 2019another $150k drop, total of Huge $650k drop from original price. prestigious architectural custom home designed by well known Walton Development, located at the most desirable neighborhood in the Arcadia's Baldwin Stocker Area. This south-facing home offered a 6763 sq. ft of living space, total of 8 suites, on a huge rectangular lot of 21,032 sq. ft, constructed with highest quality of materials & finest craftsmanship, which include professional carved Mahogany finished hard wood floor everywhere, Italian imported Granite/Marble at counter and floor, elegant custom designed Drapery and Wall-Paper, double pane french door and beveled windows, gorgeous crystal chandelier with motor for quarterly cleaning service, crown moldings, recessed ceilings and lights, marble fireplaces, entertainment center, Mcintosh home theater system, built-in cable, telephone and surround sound system, 3-Zoned central air, central vacuum system, custom cabinetry, Mahogany finished dual staircase, wok kitchen for heavy duty cooking, wet bar, wine rack, built-in bookcase, walk-in closet, walk-in pantry, stone covered patio, swinging gazebo, you named it, we got it for you, lots of highest quality and craftsmanship thru-out this lovely home, which surrounded by the gorgeous landscaping garden and paradise-like pool, 20+ fruit trees all over the gardens, etc. you must come to see yourself. all data deemed reliable, buyers to verify and satisfy themselves.
Home Details
Home Type
- Single Family
Year Built
- Built in 1995 | Remodeled
Lot Details
- 0.48 Acre Lot
- South Facing Home
- Block Wall Fence
- Front and Back Yard Sprinklers
- Garden
- Back and Front Yard
- Property is zoned ARRO*
Parking
- 3 Car Direct Access Garage
- 3 Open Parking Spaces
- Parking Available
- Rear-Facing Garage
- Three Garage Doors
- Automatic Gate
Property Views
- Mountain
- Pool
Home Design
- Modern Architecture
- Turnkey
- Fire Rated Drywall
- Tile Roof
Interior Spaces
- 6,763 Sq Ft Home
- 1-Story Property
- Wet Bar
- Central Vacuum
- Dual Staircase
- High Ceiling
- Skylights
- Recessed Lighting
- Double Pane Windows
- Custom Window Coverings
- Double Door Entry
- French Doors
- Sliding Doors
- Wine Cellar
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room
- Home Theater
- Library
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Walk-In Pantry
- Kitchen Island
- Granite Countertops
- Tile Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms | 5 Main Level Bedrooms
- Retreat
- Fireplace in Primary Bedroom
- Fireplace in Primary Bedroom Retreat
- Walk-In Closet
Home Security
- Home Security System
- Intercom
- Fire and Smoke Detector
Pool
- Filtered Pool
- In Ground Pool
- Fence Around Pool
Outdoor Features
- Balcony
- Exterior Lighting
- Gazebo
- Outdoor Grill
- Rain Gutters
Location
- Urban Location
Schools
- Arcadia High School
Utilities
- Zoned Heating and Cooling
- Heating System Uses Natural Gas
- Natural Gas Connected
- Water Softener
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 10928
- Assessor Parcel Number 5785005017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2018
Closed on
Jan 21, 2019
Sold by
Quach Hai and Ly Hong Thu
Bought by
Lan Hallin and Wan Guangsheng
Seller's Agent
Ben Tung
BENTON REAL ESTATE & FINANCIAL
Buyer's Agent
Maggie Ly
Re/Max Premier Prop SanMarino
List Price
$3,499,000
Sold Price
$2,730,000
Premium/Discount to List
-$769,000
-21.98%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,404,947
Avg. Annual Appreciation
6.15%
Original Mortgage
$1,000,000
Outstanding Balance
$877,409
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,257,538
Purchase Details
Closed on
Jun 24, 2005
Sold by
Kwang Andy M and Kwang Gloria N
Bought by
Quach Hai and Ly Hong Thu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 16, 2001
Sold by
Kwang Andy M and Kwang Gloria N
Bought by
Kwang Andy M and Kwang Gloria N
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lan Hallin | $2,730,000 | Lawyers Title | |
| Quach Hai | $2,470,000 | -- | |
| Kwang Andy M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lan Hallin | $1,000,000 | |
| Previous Owner | Quach Hai | $1,600,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/08/2019 02/08/19 | Sold | $2,730,000 | -4.2% | $404 / Sq Ft |
| 11/13/2018 11/13/18 | Pending | -- | -- | -- |
| 10/30/2018 10/30/18 | Price Changed | $2,850,000 | -5.0% | $421 / Sq Ft |
| 09/12/2018 09/12/18 | Price Changed | $2,999,000 | -3.2% | $443 / Sq Ft |
| 08/29/2018 08/29/18 | Price Changed | $3,099,000 | -3.1% | $458 / Sq Ft |
| 07/03/2018 07/03/18 | Price Changed | $3,199,000 | -8.6% | $473 / Sq Ft |
| 05/28/2018 05/28/18 | For Sale | $3,499,000 | -- | $517 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $33,646 | $3,045,364 | $2,130,640 | $914,724 |
| 2024 | $33,646 | $2,985,652 | $2,088,863 | $896,789 |
| 2023 | $32,943 | $2,927,110 | $2,047,905 | $879,205 |
| 2022 | $31,850 | $2,869,716 | $2,007,750 | $861,966 |
| 2021 | $31,258 | $2,813,448 | $1,968,383 | $845,065 |
| 2019 | $33,586 | $3,025,909 | $1,800,846 | $1,225,063 |
| 2018 | $32,661 | $2,966,579 | $1,765,536 | $1,201,043 |
| 2016 | $32,004 | $2,851,385 | $1,696,979 | $1,154,406 |
| 2015 | $31,443 | $2,808,555 | $1,671,489 | $1,137,066 |
| 2014 | $30,982 | $2,753,540 | $1,638,747 | $1,114,793 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Tung
-
Maggie Ly
Buyer's Agent in 2019
Maggie Ly
RE/MAX
(626) 203-9344
41 in this area
82 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS18125658
APN: 5785-005-017
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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