NOT LISTED FOR SALE

320 W Palm Dr Arcadia, CA 91007

Estimated Value: $6,394,000 - $7,638,000

7 Beds
8.5 Baths
10,333 Sq Ft
$699/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $6,900,000 $668 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $44,791/month

166 Days on Market

Highlights

  • Sound Studio
  • Home Theater
  • Private Pool
  • Longley Way Elementary School Rated A
  • New Construction
  • Sauna

About This Home

As of January 2024

Magnificent and Luxurious Brand-New Construction in Baldwin Stocker neighborhood of Arcadia! This gated estate with a private circular driveway combines an expensive 10,333 sqft of indoor living space with lavish outdoor living. A stunning dual staircase welcomes you home with a beautiful chandelier, detailed wrought-iron railing, and designer-select lighting fixtures.
Monumental scale and perfect for a massive art collection. This all-en-suite estate features a downstairs Junior Master bedroom, Library, an immense movie theater, a temperature-controlled wine bar for your private collection A upstairs Master bedroom with a retreat, rainfall showers with steam, and a boutique-like walk-in closet. Gym, Sauna, 4 car garages, extra carports, dual chef’s kitchen with top-of-line appliances. Stylish pool, hot tub, and grass area make this backyard your very own 5-star resort. Distinguished Arcadia School District, close to shopping, dining, USC Arcadia Hospital, Los Angeles County Arboretum, and the world-famous Santa Anita Race Track.

Last Agent to Sell the Property

Lei Tong

SoCal Premier Properties License #02021954 Listed on: 07/03/2023

Last Buyer's Agent

Toufiq Moosani

The Mortgage Gurus License #NMLS1295407

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $76,160

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.48 Acre Lot
  • Garden
  • Property is zoned ARR112500*

Parking

  • 4 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 10,333 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Home Theater
  • Home Office
  • Library
  • Sound Studio
  • Sauna
  • Home Gym
  • Mountain Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Double Oven
  • Six Burner Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Soaking Tub
  • Walk-in Shower

Schools

  • Arcadia High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Accessible Elevator Installed
  • Private Pool

Listing and Financial Details

  • Tax Lot 58
  • Tax Tract Number 13188
  • Assessor Parcel Number 5787017021
  • $809 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$76,160

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: ARR112500*
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5787017021
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 10333.00 Square Feet
  • Interior Amenities: Bar, Wet Bar
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 8
  • Full And Three Quarter Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 667.76
  • Room Type: Exercise Room, Family Room, Foyer, Great Room, Home Theatre, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Primary Suite, Office, Sauna, Sound Studio, Two Primaries
  • Bathroom Features: Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry

Exterior Features

  • View: Mountain(s)
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven
  • Electric: Standard
  • 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: Park

Schools

  • School District: Arcadia Unified
  • High School: Arcadia
  • High School: Arcadia
  • High School2: ARCADI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden
  • Lot Size Sq Ft: 21048.00
  • Lot Size Acres: 0.4832

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21048.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4316.00
  • Tax Lot: 58
  • Tax Tract Number: 13188
  • TaxOtherAnnualAssessmentAmount: 809.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2023
Closed on
Jan 22, 2024
Sold by
Wu Jian Zhong
Bought by
Nabeel-Sakaria Family Trust and Nabeel
Seller's Agent
Lei Tong
SoCal Premier Properties
Buyer's Agent
Toufiq Moosani
The Mortgage Gurus
List Price
$7,380,000
Sold Price
$6,900,000
Premium/Discount to List
-$480,000
-6.5%
Views
277
Current Estimated Value
$7,222,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,738
Avg. Annual Appreciation
2.79%
Original Mortgage
$4,830,000
Outstanding Balance
$4,722,095
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$2,500,643

Purchase Details

Listed on
Apr 10, 2015
Closed on
Apr 6, 2015
Sold by
Vc Capital Group Llc
Bought by
Wu Jian Zhong
Seller's Agent
David Chang
AMERIWAY REALTY
Buyer's Agent
Dee Chou
Coldwell Banker Realty
Sold Price
$3,200

Purchase Details

Closed on
Jun 19, 2014
Sold by
Vannguyen Loi and Nguyen Khung Noang
Bought by
Vc Capital Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,093,500
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2013
Sold by
Vannguyen Loi and Nguyen Khung Hoang
Bought by
Vannguyen Loi and Nguyen Khung Hoang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$994,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2005
Sold by
Nguyen Thanh Quang
Bought by
Vannguyen Loi

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
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2005
Sold by
Vannguyen Loi and Nguyen Thanh Quang
Bought by
Vannguyen Loi and Nguyen Khung Hoang

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
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2004
Sold by
Totry Edward and Totry Siham B
Bought by
Vannguyen Loi and Nguyen Thanh Quang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
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
Nabeel-Sakaria Family Trust $6,900,000 Fidelity National Title
Wu Jian Zhong $2,250,000 Title 365
Vc Capital Group Llc $2,430,024 Title 365
Vannguyen Loi -- Lsi
Vannguyen Loi -- --
Vannguyen Loi -- Itc
Vannguyen Loi $1,180,000 Ticor Glen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nabeel-Sakaria Family Trust $4,830,000
Previous Owner Vc Capital Group Llc $1,093,500
Previous Owner Vannguyen Loi $994,000
Previous Owner Vannguyen Loi $1,000,000
Previous Owner Vannguyen Loi $880,000
Closed Vannguyen Loi $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $6,900,000 -6.5% $668 / Sq Ft
07/03/2023 07/03/23 For Sale $7,380,000 0.0% $714 / Sq Ft
04/10/2015 04/10/15 Rented $3,200 -8.6% --
04/10/2015 04/10/15 For Rent $3,500 -- --
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 $76,160 $7,038,000 $3,570,000 $3,468,000
2024 $76,160 $6,892,974 $2,651,136 $4,241,838
2023 $74,545 $6,757,818 $2,599,153 $4,158,665
2022 $50,739 $4,694,790 $2,548,190 $2,146,600
2021 $40,015 $3,679,014 $2,498,226 $1,180,788
2019 $31,940 $2,424,128 $2,424,128 $0
2018 $26,189 $2,376,596 $1,901,278 $475,318
2016 $25,686 $2,284,312 $1,827,450 $456,862
2015 $27,735 $2,478,550 $1,966,011 $512,539
2014 -- $1,341,761 $1,023,380 $318,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23117060

California Regional Multiple Listing Service (CRMLS)

APN: 5787-017-021