Seller's Agent in 2019
Ash Rizk
Coldwell Banker Realty
(626) 393-5695
103 in this area
222 Total Sales
338 E Forest Ave Arcadia, CA 91006
Estimated Value: $2,654,370 - $2,988,000
4
Beds
4.5
Baths
4,168
Sq Ft
$673/Sq Ft
Est. Value
Highlights
- Wine Cellar
- Projection Room
- Primary Bedroom Suite
- Highland Oaks Elementary School Rated A
- Newly Remodeled
- Mountain View
About This Home
As of May 2019This Magnificent Brand new custom home built by Tipping Development and designed by the reputable Robert Tong is not to be missed. Featuring approximately 4200 square feet of luxury living, this uniquely designed home spares no detail in opulence and design with 4 Bedrooms and 4 1/2 Baths. As you enter this exclusive property you are greeted with a beautiful foyer area with high vaulted ceilings and a gorgeous wrought iron staircase. This premiere property boasts beautiful hardwood floors in the entry, living room as well as the elegant large dining room with wainscoting, it's perfect for large parties and family gatherings. The Separate exclusive & private office with beautiful built-ins and coffered ceilings, makes working a breeze. Large Master chef’s kitchen features high-end stainless steel appliances as well as a Sub-Zero Fridge. This property has been meticulously thought out and everything has been hand picked for this property, the details are endless. Impressive master suite with dual vanity and make-up bar, steam shower as well as a large walk-in closet. Other features & amenities include: Full downstairs master suite, gorgeous outdoor courtyard with fireplace, separate laundry room, security system with alarm. Beautifully landscaped yard perfect for private outside dining is great for outdoor parties and family gatherings. Luxury living at its finest in the prestigious Arcadia school district, and most importantly in the Highland Oaks School area.
Last Agent to Sell the Property
Coldwell Banker Realty License #01503342 Listed on: 01/08/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,456
Year Built
- Built in 2016 | Newly Remodeled
Lot Details
- 7,896 Sq Ft Lot
- Landscaped
- Secluded Lot
- Level Lot
- Sprinkler System
- Private Yard
- Lawn
- Back and Front Yard
- Property is zoned ARR1YY
Parking
- 2 Car Attached Garage
Interior Spaces
- 4,168 Sq Ft Home
- 1-Story Property
- Entryway
- Wine Cellar
- Great Room
- Separate Family Room
- Living Room with Fireplace
- Projection Room
- Home Theater
- Home Office
- Library
- Loft
- Mountain Views
- Walk-In Pantry
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Primary Bedroom on Main
- Primary Bedroom Suite
- Double Master Bedroom
- Walk-In Closet
Outdoor Features
- Outdoor Fireplace
- Exterior Lighting
Schools
- Highland Oaks Elementary School
- Foothills Middle School
- Arcadia High School
Utilities
- Zoned Heating and Cooling
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 49
- Tax Tract Number 12059
- Assessor Parcel Number 5772023009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 8, 2019
Closed on
Apr 24, 2019
Sold by
Landstar Development Llc
Bought by
Ai Jianfeng and Zhang Yan
Seller's Agent
Ash Rizk
Coldwell Banker Realty
Buyer's Agent
Peter Cheng
Treelane Realty Group Inc.
List Price
$2,298,000
Sold Price
$2,080,000
Premium/Discount to List
-$218,000
-9.49%
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
$723,343
Avg. Annual Appreciation
4.72%
Original Mortgage
$1,000,000
Outstanding Balance
$893,148
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,910,195
Purchase Details
Closed on
Oct 20, 2015
Sold by
731 North Beach Llc
Bought by
Landstar Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,171,000
Interest Rate
3.87%
Mortgage Type
Construction
Purchase Details
Listed on
May 22, 2014
Closed on
Jun 2, 2014
Sold by
Cornestone Development & Construction In
Bought by
731 North Beach Llc
Seller's Agent
Jun Xu
Century 21 Masters Walnut
Buyer's Agent
Jun Xu
Century 21 Masters Walnut
List Price
$780,000
Sold Price
$910,000
Premium/Discount to List
$130,000
16.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Purchase Details
Closed on
Mar 9, 2013
Sold by
Hwang Shu Tang
Bought by
Cornerstone Development & Construction I
Purchase Details
Closed on
Jul 2, 2012
Sold by
Cornerstone Development & Constructions
Bought by
Hwang Shu Tang and Hwang Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 26, 2007
Sold by
Hwang Tom Shu Tang and Hwang Grorge Ming Ta
Bought by
Cornerstone Development & Const Inc
Purchase Details
Closed on
Aug 14, 2006
Sold by
Cornerstone Development & Const Inc
Bought by
Hwang Tom Shu Tang
Purchase Details
Closed on
Apr 4, 2003
Sold by
Gran Hans and Gran Ingeborg H
Bought by
Cornerstone Development & Construction I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.71%
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 |
|---|---|---|---|
| Ai Jianfeng | $2,080,000 | Equity Title Los Angeles | |
| Landstar Development Llc | $913,000 | Fatcola | |
| 731 North Beach Llc | $910,000 | Ticor Title Company | |
| Cornerstone Development & Construction I | -- | Accommodation | |
| Hwang Shu Tang | -- | Accommodation | |
| Hwang Shu Tang | -- | Lsi | |
| Cornerstone Development & Const Inc | -- | None Available | |
| Hwang Tom Shu Tang | -- | Accommodation | |
| Hwang Tom Shu Tang | -- | Accommodation | |
| Cornerstone Development & Construction I | $433,000 | American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ai Jianfeng | $1,000,000 | |
| Previous Owner | Landstar Development Llc | $1,171,000 | |
| Previous Owner | Hwang Shu Tang | $259,000 | |
| Previous Owner | Cornerstone Development & Construction I | $296,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/01/2019 05/01/19 | Sold | $2,080,000 | -9.5% | $499 / Sq Ft | |
| 03/13/2019 03/13/19 | Pending | -- | -- | -- | |
| 01/08/2019 01/08/19 | For Sale | $2,298,000 | +152.5% | $551 / Sq Ft | |
| 06/25/2014 06/25/14 | Sold | $910,000 | +16.7% | $658 / Sq Ft | View Prior Sale |
| 05/28/2014 05/28/14 | Pending | -- | -- | -- | |
| 05/22/2014 05/22/14 | For Sale | $780,000 | -- | $564 / 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 | $25,456 | $2,320,272 | $1,079,707 | $1,240,565 |
| 2024 | $25,456 | $2,274,778 | $1,058,537 | $1,216,241 |
| 2023 | $24,919 | $2,230,176 | $1,037,782 | $1,192,394 |
| 2022 | $24,086 | $2,186,448 | $1,017,434 | $1,169,014 |
| 2021 | $23,641 | $2,143,578 | $997,485 | $1,146,093 |
| 2019 | $630 | $2,021,142 | $968,882 | $1,052,260 |
| 2018 | $22,008 | $1,981,513 | $949,885 | $1,031,628 |
| 2016 | $10,557 | $913,000 | $730,400 | $182,600 |
| 2015 | $10,690 | $928,181 | $742,545 | $185,636 |
| 2014 | $7,116 | $598,203 | $417,386 | $180,817 |
Source: Public Records
Agents Affiliated with this Home
-
Ash Rizk
-
Peter Cheng
Buyer's Agent in 2019
Peter Cheng
Treelane Realty Group Inc.
(818) 516-6188
19 in this area
68 Total Sales
-
J
Seller's Agent in 2014
Jun Xu
Century 21 Masters Walnut
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR19004893
APN: 5772-023-009
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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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