NOT LISTED FOR SALE

450 Walnut Ave Arcadia, CA 91007

Estimated Value: $3,516,902 - $3,675,000

4 Beds
5 Baths
5,493 Sq Ft
$650/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $2,750,000 $501 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $21,400/month

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Furnished
  • Baldwin Stocker Elementary School Rated A+
  • High Ceiling
  • No HOA

About This Home

As of June 2023

This Spanish-style home is centrally located in Arcadia. The French doors surrounding the property allow light to permeate throughout the home and open up to an indoor-outdoor space that is perfect for entertaining. There are 5 bedroom suites plus an extra half bathroom. The master suite includes a walk-in closet and a luxurious bathroom. Additionally, there is an office upstairs perfect for work at home. The separate multi-purpose one bedroom one bath in the back can serve as a pool house, guest house, or home gym. The property is conveniently located near schools, restaurants, markets, and the mall. The home is furnished.

Last Agent to Rent the Property

FEIFAN JIANG

IBuilder Group License #01957481 Listed on: 05/17/2023

Last Renter's Agent

YAN ZHANG

Loyal Property License #01868101

Loyal Property

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

  • 0.35 Acre Lot
  • Level Lot
  • Sprinkler System
  • Back and Front Yard
  • Property is zoned ARR1YY

Parking

  • 3 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 5,493 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Bar
  • High Ceiling
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 5 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Schools

  • Baldwin Stocker Elementary School
  • 1St Ave Middle School
  • Arcadia High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $20,000
  • Rent includes gardener, pool
  • 12-Month Minimum Lease Term
  • Available 5/15/23
  • Tax Lot 3
  • Tax Tract Number 4316
  • Assessor Parcel Number 5787009010

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-05-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 20000
  • Furnished: Furnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: Yes
  • Zoning: ARR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5787009010
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5493.00 Square Feet
  • Interior Amenities: Bar, High Ceilings, Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1.82
  • Room Type: Family Room, Laundry, Living Room, Master Suite, Office, Walk-In Closet, Walk-In Pantry
  • Room Kitchen Features: Kitchen Island, Walk-In Pantry

Exterior Features

  • View: Neighborhood
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Range Hood, Refrigerator, Self Cleaning Oven
  • 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

Schools

  • Elementary School: Baldwin Stocker
  • High School: Arcadia
  • Middle Or Junior School: 1st Ave
  • Elementary School #2: BALSTO
  • High School2: ARCADI

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard, Level, Sprinkler System
  • Lot Size Sq Ft: 15072.00
  • Lot Size Acres: 0.3460

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 15072.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Pool

Tax Info

  • Tax Census Tract: 4316.00
  • Tax Lot: 3
  • Tax Tract Number: 4316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Mar 17, 2020
Sold by
Ren Liping and Zaho Wei
Bought by
Cao Honghai and Yu Zhiyin
Seller's Agent
Guangrong Zuo
RE/MAX PREMIER/ARCADIA
Buyer's Agent
Peter Cheng
Treelane Realty Group Inc.
List Price
$2,860,000
Sold Price
$2,750,000
Premium/Discount to List
-$110,000
-3.85%
Current Estimated Value
$3,570,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$820,226
Avg. Annual Appreciation
4.74%
Original Mortgage
$1,200,000
Outstanding Balance
$1,074,880
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$2,495,346

Purchase Details

Listed on
May 12, 2012
Closed on
Jul 9, 2012
Sold by
Leung Hong Yu
Bought by
Ren Liping and Zhao Wei
Seller's Agent
Xiao Yan Yao
Wetrust Realty
Buyer's Agent
Peter Cheng
Treelane Realty Group Inc.
List Price
$3,380,000
Sold Price
$2,990,000
Premium/Discount to List
-$390,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.08%
Original Mortgage
$1,680,000
Interest Rate
2.52%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 23, 2010
Sold by
Chan Nancy
Bought by
Leung Hong Yu and Leung Xiao Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2005
Sold by
Chan Nancy
Bought by
Chan Nancy and Nancy Chan Revocable Living Trust

Purchase Details

Closed on
Apr 19, 1999
Sold by
Chan Nancy
Bought by
Chan Nancy

Purchase Details

Closed on
Dec 21, 1998
Sold by
The Jean Mac Lakin Living Trust
Bought by
Chan Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.63%

Purchase Details

Closed on
Dec 8, 1998
Sold by
Wu Henry Ngo
Bought by
Chan Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.63%

Purchase Details

Closed on
Oct 6, 1998
Sold by
Macdonald Beatrice A Living Trust
Bought by
Lakin Jean Macd and Dewees Roland R

Purchase Details

Closed on
Nov 30, 1995
Sold by
Macdonald Beatrice A
Bought by
Lakin Jean Macd and Dewees Elaine Macd

Purchase Details

Closed on
Sep 19, 1995
Sold by
Maclakin Jean D
Bought by
Macdonald Beatrice A
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
Cao Honghai $2,750,000 Wfg National Title Co Of Ca
Ren Liping $2,990,000 Orange Coast Title Company
Leung Hong Yu $1,170,000 Investors Title Glendale
Chan Nancy -- --
Chan Nancy -- United Title
Chan Nancy $350,000 United Title
Chan Nancy -- United Title
Lakin Jean Macd -- --
Lakin Jean Macd -- --
Macdonald Beatrice A -- --
Maclakin Jean D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cao Honghai $1,200,000
Previous Owner Ren Liping $1,680,000
Previous Owner Leung Hong Yu $700,000
Previous Owner Chan Nancy $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2023 06/07/23 Rented $10,000 0.0% --
05/21/2023 05/21/23 Under Contract -- -- --
05/17/2023 05/17/23 For Rent $10,000 0.0% --
05/11/2022 05/11/22 Rented $10,000 0.0% --
05/09/2022 05/09/22 Off Market $10,000 -- --
05/07/2022 05/07/22 For Rent $10,000 0.0% --
05/06/2022 05/06/22 Off Market $10,000 -- --
04/02/2022 04/02/22 For Rent $10,000 +42.9% --
08/01/2020 08/01/20 Rented $7,000 +0.3% --
07/03/2020 07/03/20 Under Contract -- -- --
06/09/2020 06/09/20 For Rent $6,980 0.0% --
04/17/2020 04/17/20 Sold $2,750,000 -3.8% $463 / Sq Ft View Prior Sale
02/14/2020 02/14/20 Pending -- -- --
11/18/2019 11/18/19 For Sale $2,860,000 -4.3% $481 / Sq Ft
08/13/2012 08/13/12 Sold $2,990,000 0.0% $507 / Sq Ft View Prior Sale
08/01/2012 08/01/12 Rented $3,800 0.0% --
07/07/2012 07/07/12 Pending -- -- --
05/12/2012 05/12/12 For Sale $3,380,000 0.0% $573 / Sq Ft
08/01/2010 08/01/10 Under Contract -- -- --
07/27/2010 07/27/10 For Rent $2,800 -- --
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 $32,985 $3,007,523 $1,415,285 $1,592,238
2024 $32,985 $2,948,553 $1,387,535 $1,561,018
2023 $32,290 $2,890,739 $1,360,329 $1,530,410
2022 $31,212 $2,834,058 $1,333,656 $1,500,402
2021 $33,386 $2,778,489 $1,307,506 $1,470,983
2020 $36,793 $3,366,687 $2,353,304 $1,013,383
2019 $36,355 $3,300,674 $2,307,161 $993,513
2018 $35,545 $3,235,956 $2,261,923 $974,033
2016 $34,865 $3,110,302 $2,174,091 $936,211
2015 $34,254 $3,063,584 $2,141,435 $922,149
2014 $33,747 $3,003,574 $2,099,488 $904,086
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS23083830

California Regional Multiple Listing Service (CRMLS)

APN: 5787-009-010