NOT LISTED FOR SALE

423 W Lemon Ave Arcadia, CA 91007

Estimated Value: $4,000,998 - $4,476,000

5 Beds
6 Baths
6,413 Sq Ft
$665/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $3,530,000 $550 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $25,938/month

18 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • Main Floor Bedroom
  • Baldwin Stocker Elementary School Rated A+
  • Mountain View
  • 1-minute walk to Baldwin Stocker Park

About This Home

As of December 2021

Italian Tuscany Style Custom built home in a prime Arcadia location. Built by Bowden Development, this 6,413 sqft custom home features 5 Bed/ 5.5 bath, all suites, library, game/study room and 3 car garage on a lot of 14,031 sf. Double master suites include one downstairs, perfect for guests or in-laws master. Double Gate entry system offers tremendous privacy while also welcoming you home with the lavish private courtyard with flagstone and relaxing water fountain. The vast grand entry features an exquisite crystal chandelier and highlights the home's Italian natural stone and marble flooring. You will love to entertain with amenities such as the heated pool and spa, 8-seat state of the art home theater, professional kitchen with built in Subzero and Wolf appliances, Extra large wok kitchen with dishwasher and refrigerator, and wetbar with wine cooler. Additional features include security cameras throughout with DVR recording, designer light fixtures, European plumbing fixtures, steamer and jet tub in master bath, double water heaters, stone paver driveway, professional landscape and hardscape and custom garage doors. Check 3D Virtual tour: https://my.matterport.com/show/?m=BVR8Jav4jBQ

Last Agent to Sell the Property

Peter Cheng

Treelane Realty Group Inc. License #01800721 Listed on: 10/27/2021

Last Buyer's Agent

Joe Tseng

TREELANE REALTY GRP, INC. License #00880213

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

  • 0.32 Acre Lot
  • Property is zoned ARR1YY

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 6,413 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Home Theater
  • Home Office
  • Library
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 6 Full Bathrooms

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 4869
  • Assessor Parcel Number 5785012023
  • $1,160 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: ARR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5785012023
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6413.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 550.44
  • Room Type: Entry, Family Room, Formal Entry, Home Theatre, Kitchen, Library, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Office, Walk-In Closet

Exterior Features

  • View: Mountain(s)
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • 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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14031.00
  • Lot Size Acres: 0.3221

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14031.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4317.00
  • Tax Lot: 57
  • Tax Tract Number: 4869
  • TaxOtherAnnualAssessmentAmount: 1160.00

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2012
Closed on
Oct 10, 2012
Sold by
Dexter Lemon Llc
Bought by
Zhu Linling
Seller's Agent
Robert Ho
Long Dragon Realty Group, Inc.
Buyer's Agent
Peter Cheng
Treelane Realty Group Inc.
List Price
$3,188,000
Sold Price
$2,920,000
Premium/Discount to List
-$268,000
-8.41%
Current Estimated Value
$4,267,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,347,750
Avg. Annual Appreciation
2.91%
Original Mortgage
$1,750,000
Outstanding Balance
$1,249,030
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,018,720

Purchase Details

Closed on
Oct 21, 2011
Sold by
Dexter Lemon Llc
Bought by
Dexter Lemon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,630,000
Interest Rate
4.02%
Mortgage Type
Construction

Purchase Details

Closed on
May 17, 2011
Sold by
Makar Elene and Makar Maged
Bought by
Dexter Lemon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
4.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2011
Sold by
Pacific Bell Telephone Company
Bought by
Makar Elene and Makar Maged

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
4.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2005
Sold by
Makar Elene
Bought by
Makar Elene

Purchase Details

Closed on
Jul 15, 2002
Sold by
Maker Emile
Bought by
Maker Elene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.7%

Purchase Details

Closed on
May 24, 2002
Sold by
Baez R Louis
Bought by
Makar Elene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.7%

Purchase Details

Closed on
Aug 25, 1993
Sold by
Baez Raoul Louis
Bought by
Baez R Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.2%
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
Zhu Linling $2,920,000 Stewart Title Of Ca Inc
Dexter Lemon Llc -- Stewart Title Company
Dexter Lemon Llc $890,000 Stewart Title Company
Makar Elene -- None Available
Makar Elene -- --
Maker Elene -- American Title Co
Makar Elene $460,000 American Title Co
Baez R Louis -- Benevest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Linling $1,750,000
Previous Owner Dexter Lemon Llc $1,630,000
Previous Owner Dexter Lemon Llc $455,000
Previous Owner Makar Elene $300,000
Previous Owner Baez R Louis $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2021 12/30/21 Sold $3,530,000 -4.3% $550 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $3,688,888 +26.3% $575 / Sq Ft
10/15/2012 10/15/12 Sold $2,920,000 -8.4% $455 / Sq Ft View Prior Sale
09/26/2012 09/26/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $3,188,000 -- $497 / 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 $42,926 $3,693,002 $1,567,403 $2,125,599
2024 $40,332 $3,620,591 $1,536,670 $2,083,921
2023 $39,556 $3,549,600 $1,506,540 $2,043,060
2022 $37,260 $3,388,366 $2,033,021 $1,355,345
2021 $36,572 $3,321,928 $1,993,158 $1,328,770
2019 $35,671 $3,223,400 $1,934,041 $1,289,359
2018 $34,797 $3,160,197 $1,896,119 $1,264,078
2016 $34,112 $3,037,486 $1,822,492 $1,214,994
2015 $33,515 $2,991,861 $1,795,117 $1,196,744
2014 $33,019 $2,933,256 $1,759,954 $1,173,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21237218

California Regional Multiple Listing Service (CRMLS)

APN: 5785-012-023