NOT LISTED FOR SALE

247 E Newman Ave Arcadia, CA 91006

Estimated Value: $1,510,000 - $2,342,000

4 Beds
3.5 Baths
2,715 Sq Ft
$690/Sq Ft Est. Value

Last Sold January 23, 2019

Last sale price $1,380,000 $508 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $11,216/month

16 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Double Pane Windows
  • Highland Oaks Elementary School Rated A
  • 2 Car Direct Access Garage
  • 3-minute walk to Eisenhower Park

About This Home

As of January 2019

Originally built in 1941 and completely renovated in 2018, this south facing, north Arcadia 4 bedroom and 3.5 bath pristine home has gone through an extensive 1,016 SF of addition totaling 2,715 SF of spacious living. Upon entering the bright living room, sunlight beams through the Milgard dual-pane windows, and recessed lighting paves through the wide oak hardwood floors. The kitchen features modern tray ceilings, custom European cabinets, stainless steel appliances, an expansive quartz waterfall island, and a built-in pantry with a wet bar that flows perfectly into the open dining area. The family room features a sprawling 15 ft. high vaulted ceiling and a state of the art built-in fireplace. The elegant master suite features a walk-in closet with a luxurious spa-like retreat, quartz dual vanities, a beautiful freestanding soaking tub and a separate elegant rain shower. One en-suite and two spacious bedrooms compliment a third bath and an elaborate powder room for guests. The two custom Milgard sliding glass doors allow for natural lighting and immediate access to a beautiful built-in deck with a view of the extensive 8,279 SF lot with a professional landscaped lawn providing a perfectly welcoming space for indoor and outdoor entertainment. A separate laundry room, an attached 2-car garage and new alarm system completes this home. Located in the coveted Arcadia School district, close to all amenities and easy freeway access. THIS IS HIGHLAND OAKS LIVING AT ITS FINEST!

Last Agent to Sell the Property

Sue Chan

Compass-Pasadena License #01960667 Listed on: 11/27/2018

Compass-Pasadena

Last Buyer's Agent

Mirei Hayashi

Agencyone Inc License #02031574

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,980

Year Built

  • Built in 1941

Lot Details

  • 8,279 Sq Ft Lot
  • Rectangular Lot
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Interior Spaces

  • 2,715 Sq Ft Home
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Schools

  • Highland Oaks Elementary School
  • Foothill Middle School
  • Arcadia High School

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 12425
  • Assessor Parcel Number 5772024015

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,980

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5772024015
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2715.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 508.29
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Window Features: Double Pane Windows

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Arcadia Unified
  • Elementary School: Highland Oaks
  • Middle School: Foothill
  • High School: Arcadia
  • Elementary School: Highland Oaks
  • High School: Arcadia
  • Middle Or Junior School: Foothill
  • Elementary School #2: HIGOAK
  • High School2: ARCADI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 8279.00
  • Lot Size Acres: 0.1901

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8279.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 12425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2018
Closed on
Dec 19, 2018
Sold by
Chez Toi Inc
Bought by
Low Kyle Spencer and Hwang Lena
Seller's Agent
Sue Chan
Compass-Pasadena
Buyer's Agent
Mirei Hayashi
Agencyone Inc
List Price
$1,450,000
Sold Price
$1,380,000
Premium/Discount to List
-$70,000
-4.83%
Current Estimated Value
$1,872,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,649
Avg. Annual Appreciation
4.61%
Original Mortgage
$1,104,000
Outstanding Balance
$966,756
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$905,893

Purchase Details

Closed on
Apr 11, 2018
Sold by
Chez Palm Llc
Bought by
Chez Toi Inc

Purchase Details

Listed on
Aug 21, 2017
Closed on
Sep 5, 2017
Sold by
Sun Isabel Hsueh
Bought by
Chez Palm Llc
Seller's Agent
Yvonne Chien
RE/MAX Premier Properties
Buyer's Agent
Sue Chan
Compass-Pasadena
List Price
$749,000
Sold Price
$860,000
Premium/Discount to List
$111,000
14.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%

Purchase Details

Closed on
Feb 28, 2017
Sold by
Sun Isabel Yee Man Hsueh
Bought by
Sun Isabel Hsueh and The Isabel Hsueh Sun Revocable Trust

Purchase Details

Closed on
Sep 19, 2016
Sold by
Sun Steven S L
Bought by
Sun Steven Sze Liang and Sun Isabel Yee Man Hsueh

Purchase Details

Closed on
Sep 15, 2016
Sold by
Sun Steven Sze Liang
Bought by
Sun Isabel Yee Man Hsueh

Purchase Details

Closed on
Jun 21, 2000
Sold by
Sun Steven
Bought by
Sun Steven S L and Sun Isabel Hsueh
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
Low Kyle Spencer $1,380,000 Ticor Title Company Of Calif
Chez Toi Inc -- None Available
Chez Palm Llc $860,000 Fidelity National Title Co
Sun Isabel Hsueh -- None Available
Sun Steven Sze Liang -- None Available
Sun Isabel Yee Man Hsueh -- None Available
Sun Steven S L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Low Kyle Spencer $1,104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2019 01/23/19 Sold $1,380,000 -4.8% $508 / Sq Ft
12/13/2018 12/13/18 Pending -- -- --
11/27/2018 11/27/18 For Sale $1,450,000 +68.6% $534 / Sq Ft
09/08/2017 09/08/17 Sold $860,000 +14.8% $511 / Sq Ft View Prior Sale
08/30/2017 08/30/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $749,000 -- $445 / 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 $16,980 $1,539,410 $1,077,588 $461,822
2024 $16,980 $1,509,226 $1,056,459 $452,767
2023 $16,621 $1,479,635 $1,035,745 $443,890
2022 $16,070 $1,450,624 $1,015,437 $435,187
2021 $15,783 $1,422,181 $995,527 $426,654
2020 $15,581 $1,407,600 $985,320 $422,280
2019 $10,087 $877,200 $701,760 $175,440
2018 $9,818 $860,000 $688,000 $172,000
2016 $5,480 $459,324 $314,588 $144,736
2015 $5,386 $452,425 $309,863 $142,562
2014 $5,316 $443,564 $303,794 $139,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18280294

California Regional Multiple Listing Service (CRMLS)

APN: 5772-024-015