NOT LISTED FOR SALE

501 Danimere Ave Arcadia, CA 91006

Estimated Value: $2,744,261 - $3,503,000

4 Beds
4.5 Baths
4,000 Sq Ft
$776/Sq Ft Est. Value

Last Sold November 03, 2017

Last sale price $2,270,000 $568 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $18,636/month

75 Days on Market

Highlights

  • Wine Cellar
  • Newly Remodeled
  • View of Trees or Woods
  • Camino Grove Elementary School Rated A
  • Spa
  • Open Floorplan

About This Home

As of November 2017

Majestically facing southward, this brand new Mediterranean villa situates on a tranquil tree lined street and commands a 10 foot high ceiling on ground floor and all conveniences of daily functions. Its design is to exploit and enhance interactions between owners and guests by inviting seamless flow from stately arch door into library, living room, dining room, powder room, family room and utility room. Quality finishes and elegant details embrace vaulted grand lobby, state of the art iron railing, solid hard wood stair case as well as master chef kitchen features with oil resistant Cambria counter top. This 4 bed room villa respects the privacy of its owner by providing a privileged library, a secluded wok room and an intimate breakfast nook as well as a wine cellular to preserve wines cherished. Each bed room is suited and generous walk-in closet is equipped. A wet bar and cozy sitting loft area on the second floor are reserved for family's own precious moments. Lighting fixtures and high notched appliances throughout signify the grace of this villa's artistic hues and monitor/alarm system are employed to protect owners' wellbeing.

Last Agent to Sell the Property

Simon Pan

Indigo Dolce Inc. License #00969035 Listed on: 08/02/2017

Last Buyer's Agent

Teresa Choi

IRN Realty License #01899679

IRN Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,292

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 8,245 Sq Ft Lot
  • Cul-De-Sac
  • Sprinkler System
  • Private Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Parking Lot

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library
  • Views of Woods
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Butlers Pantry
  • Six Burner Stove
  • Built-In Range
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • Bathtub
  • Spa Bath
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Accessible Home Design

  • Doors swing in

Outdoor Features

  • Spa
  • Slab Porch or Patio

Utilities

  • Cooling System Powered By Gas
  • Whole House Fan
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 112
  • Tax Tract Number 430803
  • Assessor Parcel Number 5790018023

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,292

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security System, Wired for Alarm System
  • View: Yes
  • Architectural Style: Mediterranean
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5790018023
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4000.00 Square Feet
  • Interior Amenities: Attic Fan, High Ceilings, Open Floorplan, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 567.50
  • Room Type: Family Room, Formal Entry, Foyer, Great Room, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Office, Walk-In Closet, Wine Cellar
  • Spa Features: Bath
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Butler's Pantry, Granite Counters, Quartz Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Trees/Woods
  • Patio And Porch Features: Slab
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Drywall Walls, Frame

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Paved, Garage Faces Front, Garage Door Opener, Parking Space
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Freezer, Gas Water Heater
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central, Natural Gas, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Whole House Fan, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Cul-De-Sac, Sprinkler System, Yard
  • Lot Size Sq Ft: 8245.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 112
  • Tax Tract Number: 430803

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2017
Closed on
Oct 27, 2017
Sold by
501 Danimere Avenue Llc
Bought by
Kan Jiuqiang and Sun Meng
Seller's Agent
Simon Pan
Indigo Dolce Inc.
Buyer's Agent
Teresa Choi
IRN Realty
List Price
$2,468,000
Sold Price
$2,270,000
Premium/Discount to List
-$198,000
-8.02%
Current Estimated Value
$3,103,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$833,815
Avg. Annual Appreciation
3.99%
Original Mortgage
$1,589,000
Outstanding Balance
$1,305,358
Interest Rate
3.13%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,798,457

Purchase Details

Closed on
Sep 5, 2014
Sold by
Chen Peggy Yung Chuan
Bought by
501 Danimere Avenue Llc

Purchase Details

Closed on
Dec 11, 2013
Sold by
Song Sy Yan
Bought by
Mao Tuo Chia

Purchase Details

Closed on
May 21, 2013
Sold by
Pan Simon Yun San
Bought by
Lee Wei Cheng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
3.38%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 16, 2013
Sold by
Morrison Charles Gary
Bought by
Chen Peggy Yung Chuan and Lee Wei Cheng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
3.38%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Kan Jiuqiang $2,270,000 Wfg Title Company
501 Danimere Avenue Llc $1,070,000 Wfg Title Company
Mao Tuo Chia -- Accommodation
Chen Peggy Yung Chuan $276,000 Accommodation
Lee Wei Cheng -- First American Title Company
Chen Peggy Yung Chuan -- First American Title Company
Chen Peggy Yung Chuan $828,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kan Jiuqiang $1,589,000
Previous Owner Chen Peggy Yung Chuan $495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2017 11/03/17 Sold $2,270,000 -5.0% $568 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
08/16/2017 08/16/17 Price Changed $2,390,000 -3.2% $598 / Sq Ft
08/02/2017 08/02/17 For Sale $2,468,000 0.0% $617 / Sq Ft
08/10/2013 08/10/13 Rented $2,500 0.0% --
08/08/2013 08/08/13 Under Contract -- -- --
07/10/2013 07/10/13 For Rent $2,500 -- --
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 $28,292 $2,582,866 $1,002,538 $1,580,328
2024 $28,292 $2,532,223 $982,881 $1,549,342
2023 $27,694 $2,482,572 $963,609 $1,518,963
2022 $26,771 $2,433,895 $944,715 $1,489,180
2021 $26,281 $2,386,173 $926,192 $1,459,981
2019 $25,632 $2,315,400 $898,722 $1,416,678
2018 $24,998 $2,270,000 $881,100 $1,388,900
2016 $12,449 $1,086,317 $869,054 $217,263
2015 $12,232 $1,070,000 $856,000 $214,000
2014 -- $831,758 $665,407 $166,351
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17178122

California Regional Multiple Listing Service (CRMLS)

APN: 5790-018-023