NOT LISTED FOR SALE

385 Walnut Ave Arcadia, CA 91007

Estimated Value: $2,358,000 - $2,562,000

4 Beds
3 Baths
2,900 Sq Ft
$854/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $2,120,000 $731 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $14,997/month

13 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Corner Lot
  • Baldwin Stocker Elementary School Rated A+
  • View of Trees or Woods
  • Great Room

About This Home

As of April 2023

Welcome to this charming and beautifully updated move-in ready single-family pool home in the heart of the highly desirable city of Arcadia. This stunning property features a spacious, open floor plan perfect for modern California living and entertaining.
As you enter the home, you are greeted by a light-filled living room with hardwood floors, large windows, and a cozy fireplace. The dining area and kitchen seamlessly flow from the living room, making it ideal for hosting dinner parties and family gatherings. The gourmet kitchen is a chef's dream, with top-of-the-line stainless steel appliances, custom cabinetry, and a large center island with ample seating. The kitchen also features a built-in wine cooler and a walk-in pantry, making storing and accessing your culinary essentials easy. The primary bedroom suite is a luxurious retreat with a spacious walk-in closet, an en-suite bathroom with a double vanity, and a large soaking tub. There are three additional bedrooms with unique features, ample closet space, and two other full bathrooms. The outdoor living spaces are just as impressive as the interior, with a matured landscaped front yard, a well-upgraded backyard, nicely fenced large pool.
All these are located in the highly sought-after Arcadia School District and just minutes from the Arcadia Arboretum, Westfield Santa Anita Mall, and the Los Angeles County Arboretum and Botanic Garden; this stunning property offers the perfect combination of luxury, convenience, and modern living.

Last Agent to Sell the Property

Guodong Wang

COMPASS License #02049148 Listed on: 03/28/2023

COMPASS

Last Buyer's Agent

LEI SHEN

RE/MAX PREMIER/ARCADIA License #02149555

RE/MAX PREMIER/ARCADIA

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 0.3 Acre Lot
  • Corner Lot
  • Property is zoned ARRO*

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Pool
  • Neighborhood

Interior Spaces

  • 2,900 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Den

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • Private Pool
  • Fence Around Pool

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 5787003033
  • $874 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Washer and dryer
  • Property Attached: No
  • View: Yes
  • Zoning: ARRO*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5787003033
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2900.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 731.03
  • Room Type: Den, Family Room, Foyer, Great Room, Kitchen, Master Suite, Walk-In Closet

Exterior Features

  • View: Neighborhood, Pool, Trees/Woods
  • Pool Features: Private, Fenced
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 13215.00
  • Lot Size Acres: 0.3034

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13215.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4316.00
  • Tax Lot: 5
  • TaxOtherAnnualAssessmentAmount: 874.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Apr 21, 2023
Sold by
Su Yili
Bought by
Sun Zhong Fang and Lin Tao
Seller's Agent
Guodong Wang
COMPASS
Buyer's Agent
LEI SHEN
RE/MAX PREMIER/ARCADIA
List Price
$2,090,000
Sold Price
$2,120,000
Premium/Discount to List
$30,000
1.44%
Views
32
Current Estimated Value
$2,475,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,703
Avg. Annual Appreciation
6.00%

Purchase Details

Listed on
Jan 25, 2016
Closed on
Jul 11, 2016
Sold by
Cas Development Llc
Bought by
Fong Jia Cheng and Fong Danny M
Seller's Agent
Peggy Fong Chen
Re/Max Omega
Buyer's Agent
Lijuan Mo
Lijuan Mo, Broker
List Price
$1,918,000
Sold Price
$1,660,000
Premium/Discount to List
-$258,000
-13.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$625,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2015
Closed on
Mar 25, 2015
Sold by
Montpas Anita M and Montpas James A
Bought by
Cas Development Llc
Seller's Agent
David Scarminach
Engel & Völkers San Marino
Buyer's Agent
Rickey Henderson
Samuel Weaver, Broker
List Price
$1,350,000
Sold Price
$1,290,000
Premium/Discount to List
-$60,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.58%
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
Sun Zhong Fang $2,120,000 Chicago Title Company
Fong Jia Cheng $1,660,000 Chicago Title Company
Cas Development Llc $1,290,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fong Jia Cheng $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2023 04/25/23 Sold $2,120,000 +1.4% $731 / Sq Ft
04/13/2023 04/13/23 For Sale $2,090,000 -1.4% $721 / Sq Ft
04/10/2023 04/10/23 Off Market $2,120,000 -- --
03/28/2023 03/28/23 For Sale $2,090,000 +19.4% $721 / Sq Ft
04/06/2021 04/06/21 Sold $1,750,000 0.0% $602 / Sq Ft View Prior Sale
03/20/2021 03/20/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $1,750,000 0.0% $602 / Sq Ft
01/31/2018 01/31/18 Rented $5,000 0.0% --
01/29/2018 01/29/18 Off Market $5,000 -- --
01/22/2018 01/22/18 For Rent $5,000 0.0% --
08/26/2016 08/26/16 Sold $1,660,000 -1.7% $571 / Sq Ft View Prior Sale
07/11/2016 07/11/16 Pending -- -- --
06/17/2016 06/17/16 Price Changed $1,688,000 -3.4% $580 / Sq Ft
05/25/2016 05/25/16 Price Changed $1,748,000 -2.2% $601 / Sq Ft
04/29/2016 04/29/16 Price Changed $1,788,000 -2.2% $615 / Sq Ft
03/21/2016 03/21/16 Price Changed $1,828,000 -2.8% $628 / Sq Ft
02/18/2016 02/18/16 Price Changed $1,880,000 -2.0% $646 / Sq Ft
01/25/2016 01/25/16 For Sale $1,918,000 +48.7% $659 / Sq Ft
03/31/2015 03/31/15 Sold $1,290,000 -4.4% $532 / Sq Ft View Prior Sale
03/22/2015 03/22/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $1,350,000 -- $556 / 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 $24,313 $2,205,647 $1,463,634 $742,013
2024 $24,313 $2,162,400 $1,434,936 $727,464
2023 $20,539 $1,820,699 $1,406,100 $414,599
2022 $19,858 $1,785,000 $1,378,530 $406,470
2021 $19,820 $1,779,852 $1,323,739 $456,113
2020 $19,567 $1,761,603 $1,310,166 $451,437
2019 $19,336 $1,727,063 $1,284,477 $442,586
2018 $18,765 $1,693,200 $1,259,292 $433,908
2016 $14,962 $1,309,672 $1,047,738 $261,934
2015 $1,903 $127,031 $48,527 $78,504
2014 -- $124,544 $47,577 $76,967
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23044352

California Regional Multiple Listing Service (CRMLS)

APN: 5787-003-033