NOT LISTED FOR SALE

415 Magellan Rd Arcadia, CA 91007

Estimated Value: $2,198,000 - $2,653,000

4 Beds
4 Baths
2,777 Sq Ft
$880/Sq Ft Est. Value

Last Sold May 26, 2016

Last sale price $1,630,000 $587 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $14,792/month

142 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Breakfast Area or Nook
  • Hugo Reid Elementary School Rated A
  • No HOA
  • Walk-In Pantry

About This Home

As of May 2016

Gorgeous quality 2015 completely rebuilt home in the highly desirable Village area of Arcadia. Featuring luxury upgrades, high ceilings and hardwood flooring throughout. Spacious living room with a fireplace and windows overlooking the neighborhood alongside a formal dining room. Gourmet kitchen offers top of line Thermador appliances, an oversized center island, granite counters, walk-in pantry and a breakfast nook. The open family room with wet bar and wine cooler is perfect for entertaining guests. The master bedroom suite features a spacious walk-in closet, custom cabinetry, vanity, free standing tub, shower and a separate toilet area. Additional features include an executive office with custom built in bookshelves and coffered ceilings, individual laundry room, detached 2 car garage, charming front garden with wood deck and much more!

Last Agent to Sell the Property

Peggy Fong Chen

Re/Max Omega License #01461698 Listed on: 01/02/2016

Re/Max Omega

Last Buyer's Agent

Ethan Xu

Pinnacle Real Estate Group License #01945618

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,352

Year Built

  • Built in 1948

Lot Details

  • 9,448 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Interior Spaces

  • 2,777 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Family Room
  • Living Room with Fireplace
  • Library
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 194
  • Tax Tract Number 12104
  • Assessor Parcel Number 5777014020

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,352

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5777014020
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2777.00
  • Interior Amenities: Bar, Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 586.96
  • Room Type: Family Room, Library, Living Room, Master Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Double Oven, Dishwasher, Disposal, Gas Cooktop, Refrigerator
  • 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: Curbs, Street Lights

Schools

  • School District: Arcadia Unified

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Sprinkler System
  • Lot Size Sq Ft: 9448.00
  • Price Per Lot Square Foot: 172.52
  • Lot Size Acres: 0.2170

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9448.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 194
  • Tax Tract Number: 12104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2016
Closed on
May 19, 2016
Sold by
415 Magellan Llc
Bought by
Liu Melqin
Seller's Agent
Peggy Fong Chen
Re/Max Omega
Buyer's Agent
Ethan Xu
Pinnacle Real Estate Group
List Price
$1,798,000
Sold Price
$1,630,000
Premium/Discount to List
-$168,000
-9.34%
Current Estimated Value
$2,444,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$814,782
Avg. Annual Appreciation
4.42%

Purchase Details

Closed on
Dec 11, 2014
Sold by
Chan Sung Ki and Chow Ka Shiu
Bought by
415 Magellan Llc

Purchase Details

Listed on
Sep 24, 2013
Closed on
Oct 30, 2013
Sold by
Chan Sung Ki and Chan Sung
Bought by
Chan Sung Ki
Seller's Agent
Jennifer Okhovat
Compass
Buyer's Agent
Cody Coffman
Compass
List Price
$945,000
Sold Price
$1,127,000
Premium/Discount to List
$182,000
19.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$563,000
Interest Rate
4.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 24, 2013
Closed on
Oct 8, 2013
Sold by
Yeung Carmen
Bought by
Chan Sung
Seller's Agent
Jennifer Okhovat
Compass
Buyer's Agent
Cody Coffman
Compass
List Price
$945,000
Sold Price
$1,127,000
Premium/Discount to List
$182,000
19.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,000
Interest Rate
4.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 24, 2013
Closed on
Oct 7, 2013
Sold by
Riggio Deborah L and Riggio Family Trust
Bought by
Chan Sung
Seller's Agent
Jennifer Okhovat
Compass
Buyer's Agent
Cody Coffman
Compass
List Price
$945,000
Sold Price
$1,127,000
Premium/Discount to List
$182,000
19.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,000
Interest Rate
4.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 3, 2006
Sold by
Riggio Don V and Riggio Deborah L
Bought by
Riggio Don V and Riggio Deborah L
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
Liu Melqin $1,630,000 Chicago Title Company
415 Magellan Llc -- None Available
Chow Ka Shiu -- None Available
Chan Sung Ki $563,500 None Available
Chan Sung Ki -- Chicago Title Company
Chan Sung -- Lawyers Title Company
Chan Sung $1,127,000 Lawyers Title Company
Riggio Don V -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chan Sung Ki $563,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2016 05/26/16 Sold $1,630,000 -1.2% $587 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
04/19/2016 04/19/16 Price Changed $1,650,000 -5.7% $594 / Sq Ft
01/18/2016 01/18/16 Price Changed $1,750,000 -2.7% $630 / Sq Ft
01/02/2016 01/02/16 For Sale $1,798,000 +59.5% $647 / Sq Ft
10/15/2013 10/15/13 Sold $1,127,000 +19.3% $658 / Sq Ft View Prior Sale
10/02/2013 10/02/13 Pending -- -- --
09/24/2013 09/24/13 For Sale $945,000 -- $551 / 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 $21,352 $1,929,581 $1,254,821 $674,760
2024 $21,352 $1,891,747 $1,230,217 $661,530
2023 $20,904 $1,854,655 $1,206,096 $648,559
2022 $20,210 $1,818,291 $1,182,448 $635,843
2021 $19,844 $1,782,639 $1,159,263 $623,376
2019 $19,360 $1,729,768 $1,124,880 $604,888
2018 $18,871 $1,695,852 $1,102,824 $593,028
2016 $15,263 $1,340,130 $934,030 $406,100
2015 $14,997 $1,320,000 $920,000 $400,000
2014 $12,946 $1,127,000 $901,600 $225,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16000469

California Regional Multiple Listing Service (CRMLS)

APN: 5777-014-020