NOT LISTED FOR SALE

38 Corto Rd Arcadia, CA 91007

Estimated Value: $2,374,000 - $3,763,000

3 Beds
2 Baths
2,279 Sq Ft
$1,468/Sq Ft Est. Value

Last Sold June 20, 2014

Last sale price $1,800,000 $790 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $19,492/month

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • No HOA
  • Hugo Reid Elementary School Rated A+
  • Mountain View
  • Laundry Room

About This Home

As of July 2017

This classic and elegant single level, four bedrooms (formal dining room convent to 1 bedroom by seller), two bathrooms, California Ranch style home located in the desirable lower ranch tract of Arcadia. The property has been well maintained and features red oak hardwood floors throughout, tile and limestone flooring in bathrooms, granite countertops, Kohler fictures, copper plumbing, recessed lighting, crown moldings, two unit central air condition, Baldwin hardware throughout, solid core interior doors, fireplace in living room and many custom features, kitchen contains stainless steel Bosch dishwasher and Viking stove, and the bathrooms feature custom cabinetry with self-closing slide drawers and Jacuzzi tub. Entertainer's backyard with pool and sports court is very private surrounded by tall, mature trees on a 16,600+ square feet level lot. Current owner changed double glass window in 2 years.

Last Agent to Rent the Property

Yaotian Luo

Skyway Investment Corp. License #01107097 Listed on: 06/15/2017

Last Renter's Agent

Jose Cordova

Jose Cordova, BROKER License #01291800

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.38 Acre Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 2,279 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite

Schools

  • Arcadia High School

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $4,600
  • Rent includes gardener, pool
  • 6-Month Minimum Lease Term
  • Available 6/15/17
  • Assessor Parcel Number 5777002004

Community Details

Overview

  • No Home Owners Association
  • $50 HOA Transfer Fee

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2017-06-15
  • Credit Check Paid By: Owner
  • Deposit Security: 4600
  • Furnished: Unfurnished
  • Transfer Fees: 50.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5777002004
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2279.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.02
  • Room Type: Family Room, Living Room, Master Suite

Exterior Features

  • View: Mountain(s)
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • High School: Arcadia
  • High School2: ARCADI

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 16689.00

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 6 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Pool

Tax Info

  • Tax Lot: 000
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2017
Sold by
Huang Zhenlong
Bought by
Huang Shaomin
Current Estimated Value
$3,251,647

Purchase Details

Listed on
May 16, 2014
Closed on
Jun 18, 2014
Sold by
Brent Julius D and Brent Lilia
Bought by
Huang Zhenlong
Seller's Agent
JULIUS BRENT
JULIUS D. BRENT, BROKER
Buyer's Agent
Yaotian Luo
SKYWAY INVESTMENT CORP.
List Price
$1,800,000
Sold Price
$1,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%

Purchase Details

Closed on
Apr 24, 2001
Sold by
Dumpit Pedro C and Dumpit Maria E
Bought by
Brent Julius D and Brent Lilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,400
Interest Rate
7.12%

Purchase Details

Closed on
Feb 6, 1995
Sold by
Bank Of America Nt & Sa
Bought by
Dumpit Pedro C and Dumpit Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
9.03%

Purchase Details

Closed on
Jan 17, 1995
Sold by
Elpa Jose and Bank Of America National Tr &
Bought by
Bank Of America National Tr & Svgs Assn and Security Pacific National Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
9.03%

Purchase Details

Closed on
Jun 22, 1994
Sold by
Powers George
Bought by
Edwards Dale

Purchase Details

Closed on
May 19, 1994
Sold by
Adkins Norris
Bought by
Powers George

Purchase Details

Closed on
Apr 14, 1994
Sold by
Howard Glenn
Bought by
Adkins Norris

Purchase Details

Closed on
Feb 25, 1994
Sold by
Russell H
Bought by
Howard Glenn

Purchase Details

Closed on
Jan 4, 1994
Sold by
Jones William
Bought by
Russell H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Huang Shaomin -- None Available
Huang Zhenlong $1,800,000 Fatcola
Brent Julius D $490,000 Equity Title Company
Dumpit Pedro C $332,500 --
Bank Of America National Tr & Svgs Assn $265,598 --
Edwards Dale -- --
Powers George -- --
Adkins Norris -- --
Howard Glenn -- --
Russell H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brent Julius D $388,400
Previous Owner Dumpit Pedro C $266,000
Closed Brent Julius D $48,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/05/2017 07/05/17 Rented $4,600 0.0% --
06/15/2017 06/15/17 For Rent $4,600 +2.2% --
05/05/2015 05/05/15 Rented $4,500 0.0% --
05/05/2015 05/05/15 For Rent $4,500 0.0% --
06/20/2014 06/20/14 Sold $1,800,000 0.0% $790 / Sq Ft View Prior Sale
05/18/2014 05/18/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $1,800,000 -- $790 / 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 $30,070 $2,730,017 $1,570,202 $1,159,815
2024 $30,070 $2,676,488 $1,539,414 $1,137,074
2023 $29,439 $2,624,009 $1,509,230 $1,114,779
2022 $28,459 $2,572,559 $1,479,638 $1,092,921
2021 $27,513 $2,482,902 $1,450,626 $1,032,276
2020 $24,123 $2,189,690 $1,435,752 $753,938
2019 $22,030 $1,978,046 $1,582,439 $395,607
2018 $21,476 $1,939,261 $1,551,411 $387,850
2016 $21,057 $1,863,960 $1,491,169 $372,791
2015 $20,688 $1,835,963 $1,468,771 $367,192
2014 $7,155 $602,306 $481,847 $120,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17136093

California Regional Multiple Listing Service (CRMLS)

APN: 5777-002-004