NOT LISTED FOR SALE

401 Alster Ave Arcadia, CA 91006

Estimated Value: $2,521,000 - $2,716,000

4 Beds
5 Baths
3,550 Sq Ft
$732/Sq Ft Est. Value

Last Sold March 04, 2024

Last sale price $2,480,000 $699 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $14,821/month

142 Days on Market

Highlights

  • Art Studio
  • Two Primary Bedrooms
  • Maid or Guest Quarters
  • Camino Grove Elementary School Rated A
  • Mountain View
  • Main Floor Primary Bedroom

About This Home

As of March 2024

NEWLY CONSTRUCTED HOME FACING SOUTH on a quiet street with Arcadia's Award-Winning Schools! This 4 bed/5 bath custom estate sits on a flat rectangular lot that is professionally manicured. Be greeted by a light and bright open floor plan. Exquisite designer finishes throughout including modern LED recessed lights (about $200 per light), contemporary flush base linear AC diffusers, TruStile wood doors ($1,500+ per door), and the finest Italian large format slab flooring and walls imported from Europe and meticulously installed by skilled craftsmen. No expenses were spared in building this home. All of the bedrooms are suites including a large In-Law Suite downstairs with its own entrance and yard. This home is perfect for multi-generational living. The luxurious Master Suite boasts a large walk-in closet and gorgeous master bath with a stunning waterfall mosaic, a relaxing jacuzzi tub, walk-in shower, and dual sinks on a floating vanity. The gourmet kitchen includes a large island with bar seating, custom European cabinets, spacious walk-in pantry, and stainless appliances. Separate Wok kitchen is adjacent to the main kitchen and boasts the same high-end finishes. Additional features include wide plank wood floors, 12 fully owned solar panels, 2 central HVAC systems, tankless water heater, energy-efficient windows and sliding doors, laundry room, 2-Car attached garage, surveillance system with cameras, and mountain views. Excellent location in the heart of Arcadia just a few blocks from the park, restaurants, entertainment, golf course, tennis courts, markets, schools and library. This Dream Home is a must see!

Last Agent to Sell the Property

Alpha Liu

Coldwell Banker Realty Brokerage Phone: 818-321-0123 License #01906983 Listed on: 09/29/2023

Coldwell Banker Realty

Last Buyer's Agent

Anny Cheng

Intero Real Estate Services License #01847593

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024

Lot Details

  • 8,303 Sq Ft Lot
  • South Facing Home
  • Landscaped
  • Rectangular Lot
  • Sprinkler System
  • Lawn
  • Property is zoned ARR1*

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 3,550 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Window Screens
  • Formal Entry
  • Great Room
  • Separate Family Room
  • Living Room
  • Dining Room with Fireplace
  • Home Office
  • Game Room
  • Art Studio
  • Workshop
  • Home Gym
  • Walk-In Pantry
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 14651
  • Assessor Parcel Number 5790016023
  • $758 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 2024

Lot Details

8,303 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: ARR1*
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5790016023
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 3550.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Dining Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 698.59
  • Room Type: Art Studio, Exercise Room, Family Room, Formal Entry, Game Room, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Primary Bedroom, Primary Bathroom, Office, Separate Family Room, Two Primaries, Walk-In Closet, Walk-In Pantry, Workshop
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows, Screens

Exterior Features

  • Direction Faces: South
  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • 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, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Rectangular Lot, Sprinkler System
  • Lot Size Sq Ft: 8303.00
  • Lot Size Acres: 0.1906
  • Latitude Manual: 34.11872500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8303.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4308.03
  • Tax Lot: 29
  • Tax Tract Number: 14651
  • TaxOtherAnnualAssessmentAmount: 758.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Feb 27, 2024
Sold by
Shikun Development Inc
Bought by
Ly Donald Duon
Seller's Agent
Alpha Liu
Coldwell Banker Realty
Buyer's Agent
Anny Cheng
Intero Real Estate Services
List Price
$2,599,000
Sold Price
$2,480,000
Premium/Discount to List
-$119,000
-4.58%
Views
260
Current Estimated Value
$2,598,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,967
Avg. Annual Appreciation
2.31%

Purchase Details

Listed on
Sep 29, 2023
Closed on
Feb 22, 2024
Sold by
Ly Le Dieu
Bought by
Ly Donald Duon
Seller's Agent
Alpha Liu
Coldwell Banker Realty
Buyer's Agent
Anny Cheng
Intero Real Estate Services
List Price
$2,599,000
Sold Price
$2,480,000
Premium/Discount to List
-$119,000
-4.58%
Views
260

Purchase Details

Closed on
Apr 16, 2018
Sold by
Chen Ren and Qian Li Ping
Bought by
Shikun Development Inc

Purchase Details

Listed on
Aug 1, 2017
Closed on
Dec 1, 2017
Sold by
Qian Yu
Bought by
Zhao Yan Hua and Chen Ren
Seller's Agent
Wei Wang
Star Max Realty
Buyer's Agent
Wei Wang
Star Max Realty
List Price
$990,000
Sold Price
$900,000
Premium/Discount to List
-$90,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.72%

Purchase Details

Closed on
Apr 10, 2007
Sold by
Zhang Tianping
Bought by
Qian Yu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 27, 2007
Sold by
Chiang Kwan and Chiang Mei
Bought by
Qian Yu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 7, 2004
Sold by
Chiang Kwan T and Chiang Mei
Bought by
Als Trust

Purchase Details

Closed on
Apr 6, 1998
Sold by
Wai Fan Chung
Bought by
Chiang Kwan T and Chiang Mei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,300
Interest Rate
7.11%

Purchase Details

Closed on
Dec 23, 1997
Sold by
Wai Fan Chung
Bought by
Chung Wai Fan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
8%

Purchase Details

Closed on
Feb 12, 1997
Sold by
Ma Choy Koo
Bought by
Chung Wai Fan

Purchase Details

Closed on
Jan 28, 1994
Sold by
Bachelder Barbara H
Bought by
Koo Ma Choy and Chung Wai Fan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7%

Purchase Details

Closed on
Jan 18, 1994
Sold by
Bachelder Allan R
Bought by
Bachelder Barbara H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7%

Purchase Details

Closed on
Jan 13, 1994
Sold by
Bachelder Barbara H
Bought by
Bachelder Barbara H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7%
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
Ly Donald Duon $2,480,000 California Best Title
Ly Donald Duon -- California Best Title
Shikun Development Inc -- None Available
Zhao Yan Hua $900,000 Stewart Title Of Ca Inc
Zhao Yan Hua -- Stewart Title Of Ca Inc
Qian Yu -- None Available
Qian Yu $783,000 Commonwealth
Chiang Kwan -- None Available
Als Trust -- --
Chiang Kwan T $307,000 Investors Title Company
Chung Wai Fan -- First American
Chung Wai Fan -- --
Koo Ma Choy $320,000 Southland Title
Bachelder Barbara H $48,272 United Title Co
Bachelder Barbara H -- United Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chiang Kwan $39,000
Previous Owner Qian Yu $626,400
Previous Owner Chiang Kwan T $276,300
Previous Owner Chung Wai Fan $262,500
Previous Owner Koo Ma Choy $203,150
Previous Owner Bachelder Barbara H $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2024 03/04/24 Sold $2,480,000 -4.2% $699 / Sq Ft
02/18/2024 02/18/24 Pending -- -- --
02/15/2024 02/15/24 Price Changed $2,588,000 -0.1% $729 / Sq Ft
12/18/2023 12/18/23 Price Changed $2,590,000 -0.3% $730 / Sq Ft
11/16/2023 11/16/23 Price Changed $2,598,000 0.0% $732 / Sq Ft
09/29/2023 09/29/23 For Sale $2,599,000 +188.8% $732 / Sq Ft
12/22/2017 12/22/17 Sold $900,000 -9.1% $474 / Sq Ft View Prior Sale
11/21/2017 11/21/17 Pending -- -- --
10/30/2017 10/30/17 Price Changed $990,000 0.0% $521 / Sq Ft
10/30/2017 10/30/17 For Sale $990,000 +10.0% $521 / Sq Ft
08/04/2017 08/04/17 Off Market $900,000 -- --
08/04/2017 08/04/17 For Sale $950,000 +5.6% $500 / Sq Ft
08/03/2017 08/03/17 Off Market $900,000 -- --
08/01/2017 08/01/17 For Sale $950,000 -- $500 / 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 $12,336 $2,529,600 $1,387,200 $1,142,400
2024 $12,336 $1,084,171 $803,171 $281,000
2023 $11,262 $984,278 $787,423 $196,855
2022 $11,021 $964,980 $771,984 $192,996
2021 $10,822 $946,060 $756,848 $189,212
2020 $10,687 $936,360 $749,088 $187,272
2019 $10,563 $918,000 $734,400 $183,600
2018 $10,271 $900,000 $720,000 $180,000
2017 $10,437 $903,893 $723,118 $180,775
2016 $10,184 $886,171 $708,940 $177,231
2015 $10,006 $872,861 $698,292 $174,569
2014 $9,867 $855,764 $684,614 $171,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23181990

California Regional Multiple Listing Service (CRMLS)

APN: 5790-016-023

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