NOT LISTED FOR SALE

501 Cortez Rd Arcadia, CA 91007

Estimated Value: $2,901,128 - $3,084,000

4 Beds
4.5 Baths
3,692 Sq Ft
$811/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $2,518,888 $682 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $18,133/month

199 Days on Market

Highlights

  • Mountain View
  • Lawn
  • 2 Car Attached Garage
  • Hugo Reid Elementary School Rated A+
  • No HOA
  • Walk-In Closet

About This Home

As of April 2022

This modern single story Craftsman style home is situated in the charming Lower Rancho neighborhood of Arcadia. All 4 bedrooms have their individual bathrooms plus an extra spacious half bathroom, each with unique characteristics and decor. Through the front door, tall windows and a modern fireplace make the living room feel sleek yet inviting. Grand open kitchen space including unparalleled Jenn Air appliances, a separate prep kitchen, and a massive island connects to the large family room which offers numerous opportunities. Dining area with a conspicuous chandelier and charismatic wet bar is perfect for hosting dinner parties. The private home office comes with a built in library. Huge master suite consists of a walk in closet and an extensive bathroom with a steam shower and hydro systems spa bathtub. High ceilings and ample windows allow light to permeate throughout the home. You will be surprised by how the humble exterior opens up to a luxurious and refreshing interior, designed for opulent comfort. Surrounded by an attractive neighborhood and the convenience of supermarkets, restaurants, and a shopping mall minutes away, this home embodies practicality and luxury in the highly ranked Arcadia school district.

Last Agent to Sell the Property

Xiao Ye

GRANDMARK REALTY INC. License #01934911 Listed on: 07/12/2021

Last Buyer's Agent

Kristi Ramirez Knowles

Compass License #02027403

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 9,611 Sq Ft Lot
  • Sprinkler System
  • Lawn
  • Back and Front Yard
  • Property is zoned ARR1D*

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 3,692 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet

Schools

  • Hugo Reid Elementary School
  • Foothills Middle School
  • Arcadia High School

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 13177
  • Assessor Parcel Number 5777008014

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: ARR1D*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5777008014
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3692.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 682.26
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • 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, Foothills, Suburban

Schools

  • Elementary School: Hugo Reid
  • High School: Arcadia
  • Middle Or Junior School: Foothills
  • Elementary School #2: HUGREI
  • High School2: ARCADI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Sprinkler System
  • Lot Size Sq Ft: 9611.00
  • Lot Size Acres: 0.2206

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9611.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4307.01
  • Tax Lot: 17
  • Tax Tract Number: 13177

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2023
Sold by
Lu Robert K
Bought by
Wulu Enterprises Lp
Current Estimated Value
$2,995,532

Purchase Details

Listed on
Jul 12, 2021
Closed on
Feb 10, 2022
Sold by
Yang and Fang
Bought by
Lu Robert K and Wu Rosemary
Seller's Agent
Xiao Ye
GRANDMARK REALTY INC.
Buyer's Agent
Kristi Ramirez Knowles
Compass
List Price
$2,550,000
Sold Price
$2,518,888
Premium/Discount to List
-$31,112
-1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%

Purchase Details

Listed on
Jun 14, 2016
Closed on
Jun 21, 2016
Sold by
Sfc Cortez Road Llc
Bought by
Yang Chun and Cui Fang
Seller's Agent
Ash Rizk
Coldwell Banker Realty
Buyer's Agent
Peter Cheng
Treelane Realty Group Inc.
List Price
$2,535,000
Sold Price
$2,399,000
Premium/Discount to List
-$136,000
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.85%

Purchase Details

Closed on
May 5, 2015
Sold by
Sfc Cortez Road
Bought by
Sfc Cortez Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.63%
Mortgage Type
Construction

Purchase Details

Closed on
May 21, 2014
Sold by
Social V Homes
Bought by
Sfc Cortez Road

Purchase Details

Closed on
Apr 25, 2014
Sold by
Considine Robert J
Bought by
Social V Homes

Purchase Details

Closed on
Mar 17, 2011
Sold by
Considine Robert J
Bought by
Considine Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
2.5%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Wulu Enterprises Lp -- None Listed On Document
Lu Robert K $2,519,000 Corinthian Title
Yang Chun $2,399,000 First American Title Company
Sfc Cortez Road Llc -- Fatcola
Sfc Cortez Road -- Accommodation
Social V Homes $970,009 Fatcola
Considine Robert J -- Lsi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sfc Cortez Road Llc $1,000,000
Previous Owner Considine Robert J $938,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/04/2022 04/04/22 Sold $2,518,888 -2.8% $682 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
11/11/2021 11/11/21 Price Changed $2,592,000 +1.6% $702 / Sq Ft
07/12/2021 07/12/21 For Sale $2,550,000 +6.3% $691 / Sq Ft
07/01/2016 07/01/16 Sold $2,399,000 -5.4% $651 / Sq Ft View Prior Sale
06/26/2016 06/26/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $2,535,000 -- $688 / 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 $29,266 $2,673,075 $1,492,482 $1,180,593
2024 $29,266 $2,620,663 $1,463,218 $1,157,445
2023 $28,648 $2,569,278 $1,434,528 $1,134,750
2022 $28,732 $2,623,653 $1,573,754 $1,049,899
2021 $28,211 $2,572,210 $1,542,897 $1,029,313
2019 $27,513 $2,495,919 $1,497,135 $998,784
2018 $26,863 $2,446,980 $1,467,780 $979,200
2016 $13,013 $1,139,087 $911,270 $227,817
2015 $12,785 $1,121,977 $897,582 $224,395
2014 -- $88,352 $52,177 $36,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21150029

California Regional Multiple Listing Service (CRMLS)

APN: 5777-008-014