NOT LISTED FOR SALE

350 W Le Roy Ave Arcadia, CA 91007

Estimated Value: $5,384,837 - $6,993,000

6 Beds
9 Baths
9,025 Sq Ft
$692/Sq Ft Est. Value

Last Sold April 29, 2015

Last sale price $5,050,000 $560 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $37,616/month

42 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Two Primary Bedrooms
  • Holly Avenue Elementary School Rated A+
  • Private Pool
  • 0.53 Acre Lot

About This Home

As of April 2015

Spectacular 2014 built Estate, designed by Robert Tong, built by Mur-Sol & developed by Dexter Development. Featuring luxurious high end finishes, extensive use of natural stones, crown moldings & wood floors. Offering 9,025 SF of living space including 6 en suites, 9 baths, theater, gym, library & wine room. As you enter you are greeted by a dramatic foyer w/Italian hand painted dome ceilings & inlaid marble floor. The hallway surrounds a marvelous courtyard featuring an outdoor fireplace, & a 60 yr old Camphor tree; while a wall of glass fills the home with natural light. The luxurious formal living & dinning room are enhanced w/courtyard views. A super sized family room with surround sound & bar opens onto to the rear patio. The huge entertainer kitchen offers top of the line appliances & separate wok kitchen. The first floor also offers 2 bedroom suites. A custom wrought iron stairway leads to 3 en suites bedrooms in addition to the master suite w/a private retreat, spa style shower & balcony w/views of the back yard. The second floor cab also be accessed by an elevator. In addition to the swimming pool & spa, the garden is landscaped w/mature trees & shrubs providing a serene atmosphere for entertaining family & friends all year long!

Last Agent to Sell the Property

Pauline Cheng

Re/Max Premier Prop Arcadia License #00993691 Listed on: 03/31/2015

Re/Max Premier Prop Arcadia

Co-Listed By

Jackson Chen

IRN Realty License #01707266

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 0.53 Acre Lot

Parking

  • 3 Car Direct Access Garage
  • Parking Available

Home Design

  • Copper Plumbing

Interior Spaces

  • 9,025 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Crown Molding
  • Wainscoting
  • Coffered Ceiling
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Utility Room
  • Laundry Room
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Range
  • Warming Drawer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Retreat
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet

Home Security

  • Intercom
  • Smart Home

Outdoor Features

  • Private Pool
  • Balcony
  • Outdoor Fireplace
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Phone System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 951
  • Assessor Parcel Number 5784020005

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0.53 Acres

Parking

3

Listing Details

  • Assessments: Yes
  • Ad Number: 626-278-4587
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5784020005
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 9025.00
  • Interior Amenities: Bar, Built-in Features, Balcony, Coffered Ceiling(s), Crown Molding, Wired for Data, Elevator, Copper Plumbing Full, Granite Counters, Home Automation System, High Ceilings, Intercom, Open Floorplan, Phone System, Pantry, Recessed Lighting, Wired for Sound, Wainscoting, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: Double Door Entry, French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Living Room, Outside
  • Levels: Two
  • Price Per Square Foot: 559.56
  • Room Type: Family Room, Formal Entry, Foyer, Exercise Room, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet, Retreat, Separate Family Room, Home Theatre, Two Masters, Utility Room, Wine Cellar
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Refrigerator, Tankless Water Heater, Warming Drawer
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 22886.00
  • Lot Size Acres: 0.5250

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22886.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 951

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2019
Sold by
Manwani Shyam
Bought by
Manwani Shyam and Manwani Asha
Current Estimated Value
$6,242,209

Purchase Details

Listed on
Mar 31, 2015
Closed on
Apr 21, 2015
Sold by
Dexter Le Roy Llc
Bought by
Manwani Bhart and Manwani Shyam
Seller's Agent
Pauline Cheng
Re/Max Premier Prop Arcadia
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$5,500,000
Sold Price
$5,050,000
Premium/Discount to List
-$450,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.98%
Original Mortgage
$3,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 31, 2015
Closed on
Apr 6, 2015
Sold by
Manwani Rani
Bought by
Manwani Harish
Seller's Agent
Pauline Cheng
Re/Max Premier Prop Arcadia
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$5,500,000
Sold Price
$5,050,000
Premium/Discount to List
-$450,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2012
Sold by
Schmitt William J and Schmitt Family Trust
Bought by
Dexter Le Roy Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$757,500
Interest Rate
3.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2007
Sold by
Schmitt Marie A
Bought by
Schmitt Wilfred J and Schmitt Marie A
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
Manwani Shyam -- None Available
Manwani Bhart $5,051,000 Stewart Title
Manwani Harish -- Stewart Title Company
Manwani Shyam -- Stewart Title Company
Dexter Le Roy Llc $1,515,000 First American Title Company
Schmitt Wilfred J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manwani Bhart $3,000,000
Previous Owner Dexter Le Roy Llc $757,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2015 04/29/15 Sold $5,050,000 -8.2% $560 / Sq Ft
03/31/2015 03/31/15 For Sale $5,500,000 +8.9% $609 / Sq Ft
03/30/2015 03/30/15 Off Market $5,050,000 -- --
03/12/2015 03/12/15 Pending -- -- --
03/03/2015 03/03/15 Price Changed $5,500,000 -6.0% $609 / Sq Ft
01/29/2015 01/29/15 For Sale $5,850,000 -- $648 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $65,888 $6,069,336 $3,641,601 $2,427,735
2024 $65,888 $5,950,331 $3,570,198 $2,380,133
2023 $64,493 $5,833,659 $3,500,195 $2,333,464
2022 $62,325 $5,719,274 $3,431,564 $2,287,710
2021 $61,182 $5,607,132 $3,364,279 $2,242,853
2019 $59,664 $5,441,564 $3,264,494 $2,177,070
2018 $58,371 $5,334,882 $3,200,485 $2,134,397
2016 $57,292 $5,127,012 $3,076,207 $2,050,805
2015 $17,813 $1,552,285 $1,552,285 $0
2014 -- $1,521,878 $1,521,878 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15019742

California Regional Multiple Listing Service (CRMLS)

APN: 5784-020-005

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