NOT LISTED FOR SALE

348 W Palm Dr Arcadia, CA 91007

Estimated Value: $4,240,000 - $4,599,000

6 Beds
7 Baths
7,447 Sq Ft
$591/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $3,455,000 $464 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $26,427/month

127 Days on Market

Highlights

  • Home Theater
  • Heated In Ground Pool
  • Mountain View
  • Longley Way Elementary School Rated A+
  • Primary Bedroom Suite
  • Maid or Guest Quarters

About This Home

As of November 2019

Private wine cellar and Safe Room. Must see!

Last Agent to Sell the Property

Ella (Liping) Yi

Real Broker License #02028818 Listed on: 07/10/2019

Real Broker

Last Buyer's Agent

Maggie Ly

Re/Max Premier Prop SanMarino License #01385106

Re/Max Premier Prop SanMarino

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 0.39 Acre Lot
  • Landscaped
  • Sprinkler System
  • Garden
  • Back and Front Yard
  • Property is zoned ARR112500*

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Parking Lot

Property Views

  • Mountain
  • Meadow

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 7,447 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Formal Entry
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Loft
  • Bonus Room
  • Home Gym

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Six Burner Stove

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • 7 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Fireplace in Patio

Additional Features

  • Solar Water Heater
  • Urban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 54
  • Tax Tract Number 13188
  • Assessor Parcel Number 5787017017

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: ARR112500*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5787017017
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7447.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 7
  • Total Bedrooms: 6
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Patio
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 463.95
  • Room Type: Bonus Room, Den, Exercise Room, Family Room, Formal Entry, Foyer, Galley Kitchen, Great Room, Guest/Maid's Quarters, Home Theatre, Kitchen, Laundry, Library, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, Heated, In Ground
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows

Exterior Features

  • Patio: Yes
  • View: Meadow, Mountain(s)
  • Patio And Porch Features: Covered, Patio Open
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Parking Space, Private
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Solar Hot Water
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 16820.00
  • Lot Size Acres: 0.3861
  • Latitude Manual: 34.11114500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16820.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4316.00
  • Tax Lot: 54
  • Tax Tract Number: 13188

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2019
Closed on
Nov 15, 2019
Sold by
Zhang Siwen
Bought by
Dong Wei and Dong Hanyan
Seller's Agent
Ella (Liping) Yi
Real Broker
Buyer's Agent
Maggie Ly
Re/Max Premier Prop SanMarino
List Price
$4,288,000
Sold Price
$3,455,000
Premium/Discount to List
-$833,000
-19.43%
Current Estimated Value
$4,399,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$944,142
Avg. Annual Appreciation
4.03%

Purchase Details

Closed on
Jun 8, 2018
Sold by
Zhang Ziyi
Bought by
Zhang Ziyi and Zhang Siwen

Purchase Details

Closed on
Nov 5, 2015
Sold by
Dexter 348 Palm Llc
Bought by
Zhang Ziyi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,222,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2013
Sold by
Burk Jack C
Bought by
Dexter 348 Palm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2012
Sold by
Burk Jack C and Burk Alison K
Bought by
Burk Jack C and Jack C Burk Separate Property Trust

Purchase Details

Closed on
Feb 1, 2007
Sold by
Burk Jack Dempsey and Burk Wanda Leora
Bought by
Burk Jack Dempsey

Purchase Details

Closed on
Apr 14, 2006
Sold by
Burk Jack D and Burk Wanda L
Bought by
Burk Jack Dempsey
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
Dong Wei $3,455,000 First American Title
Zhang Siwen -- First American Title
Zhang Ziyi -- None Available
Zhang Ziyi $3,700,000 Stewart Title Company
Dexter 348 Palm Llc $1,400,014 Stewart Title Of Ca Inc
Burk Jack C -- None Available
Burk Jack C -- None Available
Burk Jack Dempsey -- None Available
Burk Jack Dempsey -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Ziyi $2,222,000
Previous Owner Dexter 348 Palm Llc $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2019 11/27/19 Sold $3,455,000 -9.1% $464 / Sq Ft
09/14/2019 09/14/19 Price Changed $3,799,000 -11.4% $510 / Sq Ft
08/01/2019 08/01/19 Price Changed $4,288,000 0.0% $576 / Sq Ft
07/31/2019 07/31/19 Price Changed $4,288,000 +10.3% $576 / Sq Ft
07/30/2019 07/30/19 Price Changed $3,888,000 -9.3% $522 / Sq Ft
07/10/2019 07/10/19 For Sale $4,288,000 -- $576 / 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 $41,350 $3,778,541 $1,433,330 $2,345,211
2024 $41,350 $3,704,453 $1,405,226 $2,299,227
2023 $40,479 $3,631,818 $1,377,673 $2,254,145
2022 $39,128 $3,560,607 $1,350,660 $2,209,947
2021 $38,404 $3,490,792 $1,324,177 $2,166,615
2020 $37,906 $3,455,000 $1,310,600 $2,144,400
2019 $43,230 $3,926,468 $2,355,881 $1,570,587
2018 $42,200 $3,849,480 $2,309,688 $1,539,792
2016 $41,393 $3,700,000 $2,220,000 $1,480,000
2015 $16,256 $1,434,453 $1,147,563 $286,890
2014 $16,026 $1,406,355 $1,125,084 $281,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19162870

California Regional Multiple Listing Service (CRMLS)

APN: 5787-017-017