NOT LISTED FOR SALE

406 Drake Rd Arcadia, CA 91007

Estimated Value: $3,072,787 - $3,567,000

4 Beds
5 Baths
4,164 Sq Ft
$809/Sq Ft Est. Value

Last Sold February 02, 2021

Last sale price $2,500,888 $601 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $20,229/month

115 Days on Market

Highlights

  • In Ground Spa
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Hugo Reid Elementary School Rated A+
  • No HOA
  • Laundry Room

About This Home

As of February 2021

This home is located in one of the best areas of Arcadia, Santa Anita Village. It has all you need for comfortable living on a quiet street. Featuring 4 Bedrooms and 5 Baths, with formal living room, family room, dining room, walk in closet, movie theater, office room and laundry room. It including a lavish Master, offering you the luxurious Suburban life of your dreams. Walk directly to the backyard form master bathroom, perfect for outdoor entertaining with a Jacuzzi. The home has been updated to tile floor, recessed lighting. The kitchen has new fixtures, stainless appliances. Close to Westfield Santa Anita shopping mall, the Arboretum, restaurants and Santa Anita racetrack. Walking distance to Hugo Reid Elementary and Hugo Reid Park. Fabulous opportunity for anyone looking to move to Arcadia.

Last Agent to Sell the Property

Grace Gui

Compass License #02052024 Listed on: 08/20/2020

Compass

Last Buyer's Agent

Sylvia Horlacher

Berkshire Hathaway HomeServices California Properties License #02013523

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 0.28 Acre Lot
  • Back Yard
  • Property is zoned ARR1D*

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 4,164 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms

Outdoor Features

  • In Ground Spa
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 68
  • Tax Tract Number 13177
  • Assessor Parcel Number 5777012009

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: ARR1D*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5777012009
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4164.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 600.60
  • Room Type: All Bedrooms Down, Family Room, Living Room, Main Floor Primary Bedroom
  • Spa Features: In Ground

Exterior Features

  • Pool Private: No
  • Spa: 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: Individual Room
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 12207.00
  • Lot Size Acres: 0.2802

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12207.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4307.01
  • Tax Lot: 68
  • Tax Tract Number: 13177

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2015
Sold by
Dacp Llc
Bought by
Zhou Zhanfang
Current Estimated Value
$3,368,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,000
Outstanding Balance
$770,801
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,597,896

Purchase Details

Closed on
May 8, 2013
Sold by
Smith Marilyn C and The Fisher Living Trust
Bought by
Dacp Llc
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
Zhou Zhanfang -- Accommodation
Dacp Llc $880,000 Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Zhanfang $1,012,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2021 02/02/21 Sold $2,500,888 -10.4% $601 / Sq Ft
09/20/2020 09/20/20 Price Changed $2,790,000 -6.9% $670 / Sq Ft
08/20/2020 08/20/20 For Sale $2,998,000 -- $720 / 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 $31,589 $2,707,052 $1,394,821 $1,312,231
2024 $29,705 $2,653,973 $1,367,472 $1,286,501
2023 $29,079 $2,601,935 $1,340,659 $1,261,276
2022 $28,110 $2,550,918 $1,314,372 $1,236,546
2021 $35,217 $3,208,830 $1,926,409 $1,282,421
2020 $34,762 $3,175,929 $1,906,657 $1,269,272
2019 $34,348 $3,113,657 $1,869,272 $1,244,385
2018 $33,495 $3,052,606 $1,832,620 $1,219,986
2016 $32,865 $2,934,071 $1,761,458 $1,172,613
2015 $10,354 $901,657 $901,657 $0
2014 $10,283 $883,995 $707,196 $176,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20170899

California Regional Multiple Listing Service (CRMLS)

APN: 5777-012-009