NOT LISTED FOR SALE

345 W Naomi Ave Arcadia, CA 91007

Estimated Value: $4,192,000 - $5,152,000

6 Beds
7.5 Baths
9,333 Sq Ft
$511/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $4,800,000 $514 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $29,374/month

164 Days on Market

Highlights

  • Wine Cellar
  • Projection Room
  • Heated In Ground Pool
  • Baldwin Stocker Elementary School Rated A
  • New Construction
  • Sauna

About This Home

As of August 2020

Experience this new South Facing masterpiece of achievement in design, sophistication and build quality along a winding street in the Arcadia area, west of Santa Anita. This Brand New Construction with 6 bedroom 7.5 bath estate built by Franklin Properties exudes quality throughout. Designer landscaping leads you to wrought iron front doors and 28-foot marble entrance with gleaming crystal chandelier in an oval rotunda. Master Chef’s kitchen/prep room is a culinary canvas with Wolf & Sub Zero appliances. Large family room with wet bar and media center entices gatherings and has incredible high ceilings. Formal dining room is the essence of class. Home theater exhilarates a cinematic experience. Home office with library, coffered ceilings and hardwood floors exude quality. The well appointed Main floor guest suite is spacious and overlooks the entire backyard. A private elevator or designer staircase with exquisite wrought iron design ascends to the reflection area overlooks the gorgeous Family Room. Master Suite is the pinnacle of luxury with private sitting area, wet bar and pristine mountain views. The master bath is an oasis of relaxation with soaking tub, steam shower, and extensive use of marble. Enjoy massive rear yard with a huge pool & spa area with waterfalls, Customizable sport court, and covered bbq area for dining alfresco. This truly is a unique property. Nearby Arcadia schools fine dining & shopping, Come Experience what real luxury feels like.

Last Agent to Sell the Property

Ash Rizk

Coldwell Banker Realty License #01503342 Listed on: 03/02/2020

Coldwell Banker Realty

Last Buyer's Agent

Ash Rizk

Coldwell Banker Realty License #01503342 Listed on: 03/02/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,361

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.59 Acre Lot
  • Secluded Lot
  • Rectangular Lot
  • Level Lot
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Private Yard
  • Back and Front Yard

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 9,333 Sq Ft Home
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • Projection Room
  • Home Theater
  • Home Office
  • Library
  • Loft
  • Bonus Room
  • Sauna
  • Walk-In Pantry
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area
  • Maid or Guest Quarters

Pool

  • Heated In Ground Pool
  • Gas Heated Pool
  • Gunite Pool

Schools

  • Baldwin Stocker Elementary School
  • 1St Ave Middle School
  • Arcadia High School

Additional Features

  • Exterior Lighting
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 10993
  • Assessor Parcel Number 5784017018

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,361

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Nivine Rizk
  • Other Phone Number: 626-890-0204
  • Property Attached: No
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5784017018
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 9333.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 514.30
  • Room Type: Bonus Room, Dressing Area, Entry, Family Room, Formal Entry, Foyer, Great Room, Guest/Maid's Quarters, Home Theatre, Kitchen, Laundry, Library, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Projection, Sauna, Separate Family Room, Two Masters, Walk-In Closet, Walk-In Pantry, Wine Cellar

Exterior Features

  • View: Mountain(s)
  • Pool Features: Private, Gunite, Heated, Gas Heat, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Arcadia Unified
  • Elementary School: Baldwin Stocker
  • Middle School: 1St Ave
  • High School: Arcadia
  • Elementary School: Baldwin Stocker
  • High School: Arcadia
  • Middle Or Junior School: 1st Ave
  • Elementary School #2: BALSTO
  • High School2: ARCADI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 20000-39999 Sqft, Rectangular Lot, Level, Secluded, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 25598.00
  • Lot Size Acres: 0.5876

Multi Family

  • Lease Considered: No
  • Lot Size Area: 25598.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 10993

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2018
Sold by
Wu Yuk Oy and Wu Phuong Michael
Bought by
Le Roy Capital Group Llc
Current Estimated Value
$4,773,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,875,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 24, 2015
Closed on
Jun 1, 2015
Sold by
Ribbens Carol Batchelder and Ribbens Carol B
Bought by
Turner Karen
Seller's Agent
Peggy Fong Chen
Re/Max Omega
Buyer's Agent
Peggy Fong Chen
Re/Max Omega
List Price
$2,350,000
Sold Price
$1,955,000
Premium/Discount to List
-$395,000
-16.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$977,500
Interest Rate
3.77%

Purchase Details

Listed on
Mar 24, 2015
Closed on
May 12, 2015
Sold by
Turner Karen
Bought by
Wu Yuk Oy and Wu Phuong Michael
Seller's Agent
Peggy Fong Chen
Re/Max Omega
Buyer's Agent
Peggy Fong Chen
Re/Max Omega
List Price
$2,350,000
Sold Price
$1,955,000
Premium/Discount to List
-$395,000
-16.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$977,500
Interest Rate
3.77%

Purchase Details

Listed on
Mar 24, 2015
Closed on
May 11, 2015
Sold by
Yu Shao Wen
Bought by
Wu Yuk Oy
Seller's Agent
Peggy Fong Chen
Re/Max Omega
Buyer's Agent
Peggy Fong Chen
Re/Max Omega
List Price
$2,350,000
Sold Price
$1,955,000
Premium/Discount to List
-$395,000
-16.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$977,500
Interest Rate
3.77%

Purchase Details

Closed on
Mar 18, 2004
Sold by
Ribbens Carol B
Bought by
The Carol B Ribbens Revocable 2003 Trust
Source: Public Records

Range of Values:

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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
Le Roy Capital Group Llc -- Stewart Title
Turner Karen -- Chicago Title Company
Wu Yuk Oy $1,955,000 Chicago Title Company
Wu Yuk Oy -- Chicago Title Company
The Carol B Ribbens Revocable 2003 Trust -- --
Ribbens Carol B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chou Ching Hsien $2,957,500
Closed Le Roy Capital Group Llc $2,875,000
Previous Owner Wu Yuk Oy $977,500
Previous Owner Wu Yuk Oy $977,500
Previous Owner The Carol B Ribbens Revocable 2003 Trust $938,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $4,800,000 -20.0% $514 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $5,998,000 +25.0% $643 / Sq Ft
06/15/2020 06/15/20 Off Market $4,800,000 -- --
05/19/2020 05/19/20 For Sale $5,998,000 +25.0% $643 / Sq Ft
05/14/2020 05/14/20 Off Market $4,800,000 -- --
03/02/2020 03/02/20 For Sale $5,998,000 +206.8% $643 / Sq Ft
06/12/2015 06/12/15 Sold $1,955,000 +0.3% $1,210 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
04/27/2015 04/27/15 Price Changed $1,950,000 -17.0% $1,207 / Sq Ft
03/24/2015 03/24/15 For Sale $2,350,000 -- $1,454 / 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 $40,361 $3,680,268 $1,515,404 $2,164,864
2024 $40,361 $3,608,107 $1,485,691 $2,122,416
2023 $39,512 $3,537,360 $1,456,560 $2,080,800
2022 $38,193 $3,468,000 $1,428,000 $2,040,000
2021 $37,472 $3,400,000 $1,400,000 $2,000,000
2019 $25,315 $1,077,391 $1,077,391 $0
2018 $11,977 $1,056,263 $1,003,451 $52,812
2016 $11,711 $1,015,249 $964,487 $50,762
2015 $1,456 $88,080 $49,142 $38,938
2014 $1,451 $86,356 $48,180 $38,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20045559

California Regional Multiple Listing Service (CRMLS)

APN: 5784-017-019