NOT LISTED FOR SALE

26 Corto Rd Arcadia, CA 91007

Estimated Value: $3,362,000 - $4,028,000

4 Beds
4.5 Baths
4,424 Sq Ft
$812/Sq Ft Est. Value

Last Sold January 09, 2014

Last sale price $2,872,000 $649 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $22,282/month

50 Days on Market

Highlights

  • Primary Bedroom Suite
  • Cape Cod Architecture
  • Wood Flooring
  • Hugo Reid Elementary School Rated A+
  • Mountain View
  • Main Floor Bedroom

About This Home

As of January 2014

Stunning brand new Cape Cod style home located in one of Arcadia's most desirable Lower Rancho area. This home has gorgeous curb appeal and beautiful mountain views. High ceilings in foyer, library, and dining room provides grandeur but still retains homey feel. With 4 bedroom suites and 4.5 baths, this cozy home features: living room with fireplace, gourmet kitchen with granite countertops and stainless steel appliances, wok room, breakfast nook, wet bar and wine storage. Separate area can be used as a game room or study room for kids. Master suite upstairs has huge walk in closet, luxurious bath with dual sinks, gorgeous metallic wallcoverings, and shower. The 2 car detached garage provides privacy and additional parking space on the driveway. The serene backyard has a putting green with plenty of lush trees and views of the mountains. Don't miss this chance to own a magnificent home in Lower Rancho area! Built by Sunny Construction & Designed by PDS Studio, this home is equipped with a 3.15kW SOLAR PANEL SYSTEM; save costs on electric bills each month!

Last Agent to Sell the Property

Janet Chan

Advanta Properties, Inc License #01818618 Listed on: 10/19/2013

Last Buyer's Agent

TINA HE

PACIFIC ASIA GRP RLTY, INC. License #01883274

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 0.3 Acre Lot
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Cape Cod Architecture
  • Interior Block Wall

Interior Spaces

  • 4,424 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Library
  • Mountain Views
  • Intercom
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • Concrete Porch or Patio
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 13594
  • Assessor Parcel Number 5777002024

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5777002024
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4424.00
  • Interior Amenities: Built-in Features, Block Walls, Crown Molding, Wired for Data, Granite Counters, High Ceilings, Intercom, Pantry, Recessed Lighting, Vacuum Central, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 649.19
  • Room Type: Entry, Family Room, Foyer, Library, Living Room, Main Floor Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 12998.00
  • Lot Size Acres: 0.2980

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12998.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 46
  • Tax Tract Number: 13594

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2013
Closed on
Dec 27, 2013
Sold by
Sunny Corto Llc
Bought by
Jiang Yunfeng
Seller's Agent
Janet Chan
Advanta Properties, Inc
Buyer's Agent
TINA HE
PACIFIC ASIA GRP RLTY, INC.
List Price
$2,998,000
Sold Price
$2,872,000
Premium/Discount to List
-$126,000
-4.2%
Current Estimated Value
$3,654,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$782,029
Avg. Annual Appreciation
1.89%
Original Mortgage
$1,720,000
Outstanding Balance
$1,316,218
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,275,372

Purchase Details

Closed on
Jan 10, 2013
Sold by
Sunny Construction & Development Corpora
Bought by
Sunny Corto Llc

Purchase Details

Closed on
Oct 4, 2012
Sold by
City Of Arcadia
Bought by
Sunny Construction & Development Corpora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jiang Yunfeng $2,872,000 Fidelity National Title Co
Sunny Corto Llc -- None Available
Sunny Construction & Development Corpora $900,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Yunfeng $1,720,000
Previous Owner Sunny Construction & Development Corpora $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2014 01/09/14 Sold $2,872,000 -4.2% $649 / Sq Ft
12/08/2013 12/08/13 Pending -- -- --
10/19/2013 10/19/13 For Sale $2,998,000 -- $678 / 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 $38,331 $3,520,669 $2,463,981 $1,056,688
2024 $38,331 $3,451,637 $2,415,668 $1,035,969
2023 $37,519 $3,383,958 $2,368,302 $1,015,656
2022 $36,261 $3,317,607 $2,321,865 $995,742
2021 $35,605 $3,252,557 $2,276,339 $976,218
2019 $34,724 $3,156,086 $2,208,822 $947,264
2018 $33,903 $3,094,203 $2,165,512 $928,691
2016 $33,215 $2,974,053 $2,081,423 $892,630
2015 $32,630 $2,929,381 $2,050,159 $879,222
2014 $10,339 $904,086 $904,086 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13213942

California Regional Multiple Listing Service (CRMLS)

APN: 5777-002-024