NOT LISTED FOR SALE

388 Torrey Pines Dr Arcadia, CA 91006

Estimated Value: $6,050,000 - $8,122,000

6 Beds
10 Baths
8,616 Sq Ft
$798/Sq Ft Est. Value

Last Sold October 19, 2015

Last sale price $6,330,000 $735 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $43,238/month

104 Days on Market

Highlights

  • Wine Cellar
  • 24-Hour Security
  • Panoramic View
  • Highland Oaks Elementary School Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of October 2015

Live EVERY DAY with picturesque views of the mountains, LA city lights and splendid sunsets! Perched at the top of the exclusive Whispering Pines Estates community, this two-story custom-built mansion features top-quality workmanship and amenities, as well offering the most spectacular views imaginable from most rooms in the home! Designed by architect Robert Tong and built by Bluth Construction, this bright and open floor plan will impress all who enter. The downstairs features a grand foyer with Italian marble floors and a 20-foot cathedral ceiling, a formal living room, library, a true gourmet kitchen, wet bar with subterranean wine cellar, and two en suite bedrooms. Upstairs are an additional 4 bedroom en suites, including the exquisite Grand Master with elegant retreat, private balcony, and Spa-quality master bath. Upstairs also offers a grand piano room and separate entertaining room for a pool or mahjong table, or even exercise room. A truly unique property in North Arcadia that offers the best of the best, for those looking for a masterpiece!

Last Agent to Sell the Property

Anna Wang

Keller Williams Realty License #01405688 Listed on: 06/17/2015

Keller Williams Realty

Last Buyer's Agent

Michael Fu

888 Realty License #01919154

888 Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $80,874

Year Built

  • Built in 2006

Lot Details

  • 0.48 Acre Lot
  • Property fronts a private road

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Panoramic
  • City Lights
  • Canyon

Interior Spaces

  • 8,616 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Wired For Sound
  • Built-In Features
  • Cathedral Ceiling
  • Recessed Lighting
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Home Gym
  • Center Hall
  • Attic

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Dishwasher

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas And Electric Dryer Hookup

Home Security

  • Alarm System
  • Fire and Smoke Detector

Accessible Home Design

  • Halls are 48 inches wide or more
  • More Than Two Accessible Exits

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Phone System

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 42936
  • Assessor Parcel Number 5771032011

Community Details

Overview

  • Foothills

Security

  • 24-Hour Security
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$80,874

Year Built

Built in 2006

Lot Details

0

HOA Fees

$450 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Security: 24 Hour Security, Gated Community, Gated with Guard, Resident Manager, Smoke Detector(s), Security System, Wired for Alarm System
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5771032011
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8616.00
  • Interior Amenities: 2 Staircases, Built-in Features, Cathedral Ceiling(s), Open Floorplan, Phone System, Pantry, Recessed Lighting, Wired for Sound, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile
  • Accessibility Features: 2+ Access Exits, 48 Inch Or More Wide Halls
  • Appliances: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Separated
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 734.68
  • Room Type: Attic, Center Hall, Entry, Family Room, Formal Entry, Foyer, Great Room, Exercise Room, Library, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Retreat, Office, Two Masters, Wine Cellar

Exterior Features

  • Patio: Yes
  • View: City Lights, Canyon, Panoramic
  • Patio And Porch Features: Covered, Porch
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Double Oven, Dishwasher, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Upper Level
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules, Guard, Management, Security
  • Association Fee: 450.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Lot Size Sq Ft: 20758.00
  • Price Per Lot Square Foot: 304.94
  • Lot Size Acres: 0.4770

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20758.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 42936

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2017
Sold by
Li Hui and Li Hui
Bought by
Li Hui
Current Estimated Value
$6,873,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,740,000
Outstanding Balance
$3,248,955
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,624,342

Purchase Details

Closed on
Aug 18, 2015
Sold by
Men Shaohua and Wang Na
Bought by
Li Hui

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
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 26, 2013
Closed on
Feb 25, 2014
Sold by
Zhou Yang and Han Xia
Bought by
Men Shaohua
Seller's Agent
Ken Fang
1000 Realty Corporation
Buyer's Agent
Anna Wang
Keller Williams Realty
List Price
$5,988,000
Sold Price
$5,080,000
Premium/Discount to List
-$908,000
-15.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.63%

Purchase Details

Closed on
Mar 18, 2009
Sold by
Bluth Charles P and Bluth Trust
Bought by
Zhou Yang and Han Xia
Source: Public Records

Range of Values:

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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
Li Hui -- Wfg Title Company
Li Hui $6,330,000 Fatcola
Men Shaohua $5,080,000 Title365
Zhou Yang $3,400,000 First American Title Co La
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Hui $3,740,000
Previous Owner Li Hui $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2015 10/19/15 Sold $6,330,000 -9.3% $735 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $6,980,000 +37.4% $810 / Sq Ft
03/13/2014 03/13/14 Sold $5,080,000 -15.2% $590 / Sq Ft View Prior Sale
08/26/2013 08/26/13 For Sale $5,988,000 -- $695 / 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 $80,874 $7,493,433 $5,244,221 $2,249,212
2024 $80,874 $7,346,504 $5,141,394 $2,205,110
2023 $79,154 $7,202,456 $5,040,583 $2,161,873
2022 $76,486 $7,061,233 $4,941,749 $2,119,484
2021 $75,100 $6,922,778 $4,844,852 $2,077,926
2019 $73,230 $6,717,446 $4,701,151 $2,016,295
2018 $71,594 $6,585,732 $4,608,972 $1,976,760
2016 $70,321 $6,330,000 $4,430,000 $1,900,000
2015 $57,480 $5,181,498 $3,110,939 $2,070,559
2014 $40,050 $3,571,685 $2,500,181 $1,071,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15130827

California Regional Multiple Listing Service (CRMLS)

APN: 5771-032-011