NOT LISTED FOR SALE

348 E Newman Ave Arcadia, CA 91006

Estimated Value: $1,457,673 - $1,545,000

4 Beds
3 Baths
1,835 Sq Ft
$819/Sq Ft Est. Value

Last Sold January 29, 2019

Last sale price $955,000 $520 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $9,172/month

71 Days on Market

Highlights

  • Above Ground Spa
  • Primary Bedroom Suite
  • Mountain View
  • Highland Oaks Elementary School Rated A
  • Updated Kitchen
  • 5-minute walk to Eisenhower Park

About This Home

As of January 2019

As you enter this lovely traditional home you will feel the warmth and comfort it has shown the present owners for years. Off the entry is a large dining room for those special Dinner parties, it has windows looking out to the Mountain Views, a center hall that leads to 3 of the 4 bedrooms and 2 of the 3 baths. The dining room also leads to an open redesigned Kitchen with spacious center Island and lots of built-in cabinets and features in this culinary space. Corian counters make for easy cleaning and lots of counter space with a skylight to keep things light and airy. A breakfast bar leads to the open Family room and the sliding doors to a large deck with Spa overlooking the ample sized rear yard. On the opposite side of this lovely home is the 4th bedroom and a recently remodeled bathroom, giving this home 2 master suites. A separate laundry room with door to the side yard and attached garage, which is presently being used as a room but can be easily converted back to a full use garage. This home has loads of Attic storage space too. Close to schools, shopping and restaurants. Come see this home in the Award Winning Arcadia Schools.

Last Agent to Sell the Property

David Scarminach

Engel & Völkers San Marino License #00692837 Listed on: 10/05/2018

Engel & Völkers San Marino

Last Buyer's Agent

David Shin

IRN Realty License #01246780

IRN Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,033

Year Built

  • Built in 1941

Lot Details

  • 8,893 Sq Ft Lot
  • Front Yard Sprinklers
  • Property is zoned ARR1YY

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Brick Driveway

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • 1,835 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room Off Kitchen
  • Dining Room
  • Center Hall
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Corian Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Above Ground Spa
  • Fiberglass Spa

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts For Spa
  • Sewer Paid
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 50
  • Tax Tract Number 12425
  • Assessor Parcel Number 5772027010

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,033

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: ARR1YY
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5772027010
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1835.00 Square Feet
  • Interior Amenities: Built-in Features
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 520.44
  • Room Type: All Bedrooms Down, Center Hall, Family Room, Laundry, Master Bathroom, Master Bedroom, Master Suite, Two Masters
  • Spa Features: Above Ground, Fiberglass
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Built-In Trash/Recycling, Corian Counters, Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • View: Mountain(s)
  • Patio And Porch Features: Deck, Front Porch
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Driveway - Brick, Concrete
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Cooktop, Microwave, Refrigerator
  • Electric: 220 Volts For Spa
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Sewer Paid
  • 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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Sprinklers In Front
  • Lot Size Sq Ft: 8893.00
  • Lot Size Acres: 0.2042

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8893.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4304.00
  • Tax Lot: 50
  • Tax Tract Number: 12425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2018
Closed on
Dec 18, 2018
Sold by
Berardi Frank R and Berardi Karen A
Bought by
Lee Richard and Lee Shin Jung
Seller's Agent
David Scarminach
Engel & Völkers San Marino
Buyer's Agent
David Shin
IRN Realty
List Price
$998,000
Sold Price
$955,000
Premium/Discount to List
-$43,000
-4.31%
Current Estimated Value
$1,502,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,168
Avg. Annual Appreciation
7.30%
Original Mortgage
$726,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2012
Sold by
Berardi Frank R and Berardi Karen A
Bought by
Berardi Frank R and Berardi Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,198
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2009
Sold by
Berardi Frank R and Berardi Karen
Bought by
Berardi Frank R and Berardi Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2008
Sold by
Berardi Frank R and Berardi Karen A
Bought by
Berardi Frank R and Berardi Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2007
Sold by
Berardi Frank R
Bought by
Berardi Frank R and Berardi Karen A

Purchase Details

Closed on
Jul 30, 2003
Sold by
Berardi Karen A
Bought by
Berardi Frank R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2000
Sold by
Wang Tsai Ching and Wang Mei Li C
Bought by
Berardi Frank R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
8.5%
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
Lee Richard $955,000 Orange Coast Title Company
Berardi Frank R -- None Available
Berardi Frank R -- None Available
Berardi Frank R -- None Available
Berardi Frank R -- Investors Title Company
Berardi Frank R -- None Available
Berardi Frank R -- None Available
Berardi Frank R -- None Available
Berardi Frank R -- First Southwestern Title Co
Berardi Frank R $315,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Richard $718,000
Closed Lee Richard $725,000
Closed Lee Richard $726,000
Previous Owner Berardi Frank R $480,000
Previous Owner Berardi Frank R $350,000
Previous Owner Berardi Frank R $310,198
Previous Owner Berardi Frank R $125,000
Previous Owner Berardi Frank R $333,000
Previous Owner Berardi Frank R $320,000
Previous Owner Berardi Frank R $50,000
Previous Owner Berardi Frank R $50,000
Previous Owner Berardi Frank R $265,000
Previous Owner Berardi Frank R $13,000
Previous Owner Berardi Frank F $204,546
Previous Owner Berardi Frank R $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2019 01/29/19 Sold $955,000 -4.3% $520 / Sq Ft
12/27/2018 12/27/18 For Sale $998,000 0.0% $544 / Sq Ft
12/15/2018 12/15/18 Pending -- -- --
11/07/2018 11/07/18 Price Changed $998,000 -4.9% $544 / Sq Ft
10/05/2018 10/05/18 For Sale $1,049,000 -- $572 / 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 $12,033 $1,065,315 $747,395 $317,920
2024 $12,033 $1,044,428 $732,741 $311,687
2023 $11,783 $1,023,950 $718,374 $305,576
2022 $11,398 $1,003,874 $704,289 $299,585
2021 $11,193 $984,191 $690,480 $293,711
2019 $5,270 $433,998 $296,222 $137,776
2018 $5,106 $425,489 $290,414 $135,075
2016 $4,941 $408,969 $279,138 $129,831
2015 $4,857 $402,827 $274,946 $127,881
2014 $4,797 $394,937 $269,561 $125,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18240643

California Regional Multiple Listing Service (CRMLS)

APN: 5772-027-010