NOT LISTED FOR SALE

357 Walnut Ave Arcadia, CA 91007

Estimated Value: $3,562,402 - $4,032,000

5 Beds
6 Baths
5,641 Sq Ft
$667/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $2,615,000 $464 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $22,335/month

91 Days on Market

Highlights

  • Private Pool
  • 0.55 Acre Lot
  • High Ceiling
  • Baldwin Stocker Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • Granite Countertops

About This Home

As of April 2020

Fantastic elegant European style defines this custom built magnificent estate, located in one of best areas in Arcadia. Facing south, with a huge lot spanning 23,864 sq.ft and total living area of 5641 sq.ft. The excellent floor plan consists of a stunning high ceiling living room with fireplace, library,5 bed rooms (5 suites, one suite down stairs), 5.5 baths. The master suite offers a retreat, fireplace, large walk-in closet, and features spacious bath with luxurious jacuzzi & shower, his/her sinks. Includes gourmet kitchen with big central island, Sub Zero Fridge & Freezer, custom stove, along with a separate Wok kitchen. Family room with wet bar and fireplace leads to the park-like backyard enhanced with a patio, pool, spa, and lots of fruit trees. Recess lightings, solar panels, dual-zoned A/C, intercom, 3 car garage. Do not miss this beautiful home!!

Last Agent to Sell the Property

Meng Chuan Tsai

IRN Realty License #01255283 Listed on: 12/11/2019

IRN Realty

Last Buyer's Agent

Phyllis Lu

Titan One Real Estate License #01526442

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 0.55 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned ARR0*

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 5,641 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Recessed Lighting
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Library
  • Granite Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • 6 Full Bathrooms

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 12630
  • Assessor Parcel Number 5787003008

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: ARR0*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5787003008
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5641.00 Square Feet
  • Interior Amenities: Granite Counters, High Ceilings, Pantry, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 463.57
  • Room Type: Library

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 23851.00
  • Lot Size Acres: 0.5475

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23851.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4316.00
  • Tax Lot: 18
  • Tax Tract Number: 12630

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2019
Closed on
Mar 18, 2020
Sold by
Yang Lin Wang and Chun Chen Hsiang
Bought by
Walnut Arcadia Llc
Seller's Agent
Meng Chuan Tsai
IRN Realty
Buyer's Agent
Phyllis Lu
Titan One Real Estate
List Price
$2,780,000
Sold Price
$2,615,000
Premium/Discount to List
-$165,000
-5.94%
Current Estimated Value
$3,762,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,147,101
Avg. Annual Appreciation
6.65%
Original Mortgage
$2,353,238
Outstanding Balance
$2,088,062
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,674,039

Purchase Details

Closed on
Mar 22, 2000
Sold by
Lee Chiu Ping
Bought by
Lin Wang Yang and Chen Hsiang Chun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
3.95%

Purchase Details

Closed on
May 14, 1997
Sold by
Jalalat Jafar G
Bought by
Lee Chiu Ping

Purchase Details

Closed on
Apr 14, 1995
Sold by
Kennedy James P
Bought by
Jalalat Julia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.51%
Mortgage Type
Seller Take Back
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
Walnut Arcadia Llc $2,615,000 Ticor Title
Lin Wang Yang $1,100,000 American Title Co
Lee Chiu Ping $595,000 Title Land Company
Jalalat Julia S $400,000 Title Land
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walnut Arcadia Llc $2,353,238
Previous Owner Lin Wang Yang $770,000
Previous Owner Jalalat Julia S $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $2,615,000 -9.2% $464 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
02/19/2020 02/19/20 Price Changed $2,880,000 +3.6% $511 / Sq Ft
12/11/2019 12/11/19 For Sale $2,780,000 0.0% $493 / Sq Ft
11/08/2017 11/08/17 Rented $5,800 0.0% --
11/01/2017 11/01/17 For Rent $5,800 -- --
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 $31,492 $2,859,879 $1,837,104 $1,022,775
2024 $31,492 $2,803,804 $1,801,083 $1,002,721
2023 $30,831 $2,748,828 $1,765,768 $983,060
2022 $29,805 $2,694,931 $1,731,146 $963,785
2021 $29,253 $2,642,090 $1,697,202 $944,888
2020 $17,559 $1,550,007 $647,872 $902,135
2019 $17,356 $1,519,616 $635,169 $884,447
2018 $16,860 $1,489,820 $622,715 $867,105
2016 $16,463 $1,431,970 $598,535 $833,435
2015 $16,179 $1,410,462 $589,545 $820,917
2014 $15,956 $1,382,834 $577,997 $804,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19280056

California Regional Multiple Listing Service (CRMLS)

APN: 5787-003-008