NOT LISTED FOR SALE

425 E Norman Ave Arcadia, CA 91006

Estimated Value: $2,795,192 - $3,275,000

4 Beds
5.5 Baths
4,200 Sq Ft
$701/Sq Ft Est. Value

Last Sold March 13, 2014

Last sale price $2,300,000 $548 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $17,986/month

101 Days on Market

Highlights

  • Primary Bedroom Suite
  • Lawn
  • Home Office
  • Camino Grove Elementary School Rated A
  • No HOA
  • Open to Family Room

About This Home

As of March 2014

Modernistic grace & simplicity, this elegant south facing residence is newly 2013 built. Approx. 4200SF situated on a lot of 8200SF. The custom design provides a seamless flow & luxury comfort to this 4 bed/5.5 bath home. Custom oak double doors open to a front entryway boasting high ceilings, marble flrs & double chandeliers. Real wood wainscot molding, engineered oak hardwd flrs & Palle windows highlight quality architectural finishes from the formal livingrm w/ natural stone fireplace & all throughout the home. Gourmet kitchen w/ top of the line Viking appliances, natural quartzstone countertops, veneered real wood self-closing Dutchmaid cabinetry, porcelain floors, center island w/ breakfast bar & nook. Open family rm w/ French door access to spacious backyd & patio area paved w/ unique interlocking bricks. Enjoy downstairs library/bedrm w/ European boxed ceiling & guest suite. Ascend the ornate wrought iron staircase to an upstairs loft area. Sophisticated master suite offers a retreat area & closet design in the German hardware Italian style w/ separate walk in. Relax in the master bath w/private steam shower, Jacuzzi tub, his & her sinks w/ center vanity. Experience the harmony of modern design & luxury amenities in the newly built custom property.

Last Agent to Sell the Property

Peggy Fong Chen

Re/Max Omega License #01461698 Listed on: 10/21/2013

Re/Max Omega

Co-Listed By

Jimmy Chen

Re/Max Omega License #01867815

Last Buyer's Agent

Peter Cheng

Treelane Realty Group Inc. License #01800721

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 8,159 Sq Ft Lot
  • Landscaped
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 4,200 Sq Ft Home
  • Wet Bar
  • Crown Molding
  • Wainscoting
  • Coffered Ceiling
  • Tray Ceiling
  • Recessed Lighting
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Stone Flooring
  • Intercom
  • Laundry Room

Kitchen

  • Open to Family Room
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Utilities

  • Zoned Heating and Cooling
  • Agricultural Well Water Source
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 13858
  • Assessor Parcel Number 5790001012

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5790001012
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4200.00
  • Interior Amenities: Coffered Ceiling(s), Crown Molding, Intercom, Recessed Lighting, Tray Ceiling(s), Wainscoting, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 547.62
  • Room Type: Entry, Family Room, Living Room, Master Suite, Walk-In Closet, Office
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Water Source: Agricultural Well
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard, Front Yard, Lawn, Landscaped, Lot 6500-9999
  • Lot Size Sq Ft: 8159.00
  • Lot Size Acres: 0.1870

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8159.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: 13858

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2013
Closed on
Mar 10, 2014
Sold by
Wu Jonathan Lee
Bought by
Yu Qinfang
Seller's Agent
Peggy Fong Chen
Re/Max Omega
Buyer's Agent
Peter Cheng
Treelane Realty Group Inc.
List Price
$2,380,000
Sold Price
$2,300,000
Premium/Discount to List
-$80,000
-3.36%
Current Estimated Value
$2,944,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,048
Avg. Annual Appreciation
2.12%
Original Mortgage
$1,100,000
Outstanding Balance
$818,633
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,125,415

Purchase Details

Listed on
Oct 21, 2013
Closed on
Jan 31, 2014
Sold by
Jin Yinxing
Bought by
Yu Qinfang
Seller's Agent
Peggy Fong Chen
Re/Max Omega
Buyer's Agent
Peter Cheng
Treelane Realty Group Inc.
List Price
$2,380,000
Sold Price
$2,300,000
Premium/Discount to List
-$80,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$818,633
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,125,415

Purchase Details

Closed on
Jul 5, 2007
Sold by
Wu Wilson Lee
Bought by
Wu Jonathan Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 16, 2006
Sold by
Tan Yuan Kei Luke
Bought by
Wu Jonathan Lee and Wu Wilson Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,250
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 1997
Sold by
Mcfarland William H
Bought by
Tan Yuan Kei Luke and Lee Yu Chin Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yu Qinfang $2,300,000 Chicago Title Company
Yu Qinfang -- Chicago Title Company
Wu Jonathan Lee -- Alliance Title
Wu Jonathan Lee $755,000 Ticor Title Co Of California
Tan Yuan Kei Luke $315,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Qinfang $1,100,000
Closed Yu Qinfang $1,100,000
Previous Owner Wu Jonathan Lee $840,000
Previous Owner Wu Jonathan Lee $566,250
Previous Owner Tan Yuan Kei Luke $236,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2014 03/13/14 Sold $2,300,000 -3.4% $548 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
10/21/2013 10/21/13 For Sale $2,380,000 -- $567 / 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 $30,729 $2,819,475 $1,691,687 $1,127,788
2024 $30,729 $2,764,192 $1,658,517 $1,105,675
2023 $30,077 $2,709,994 $1,625,998 $1,083,996
2022 $29,071 $2,656,858 $1,594,116 $1,062,742
2021 $28,542 $2,604,763 $1,562,859 $1,041,904
2019 $27,835 $2,527,505 $1,516,504 $1,011,001
2018 $27,205 $2,477,947 $1,486,769 $991,178
2016 $26,673 $2,381,728 $1,429,037 $952,691
2015 $26,204 $2,345,953 $1,407,572 $938,381
2014 $9,340 $800,000 $600,900 $199,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13214804

California Regional Multiple Listing Service (CRMLS)

APN: 5790-001-012