NOT LISTED FOR SALE

514 W Norman Ave Arcadia, CA 91007

Estimated Value: $3,884,722 - $4,311,000

5 Beds
6 Baths
6,370 Sq Ft
$647/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $3,660,000 $575 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $25,487/month

Highlights

  • Wine Cellar
  • Home Theater
  • Primary Bedroom Suite
  • Baldwin Stocker Elementary School Rated A
  • Private Pool
  • Loft

About This Home

As of February 2022

Welcome To This North Facing, Custom Masterpiece, Mediterranean Architecture Home, Located In The Quiet Desirable Neighborhood And Awards Winning Arcadia School District! Home Features 5 Bedrooms, 5.5 Bathrooms, All Suites With 1 Suite Downstairs, Dramatic Foyer, Crystal Chandeliers, Open Floor Plan W/ High Ceiling, Crown Molding, Recesses Lighting. The Formal Living Room With Fireplace Adjacent To The Dinning Room, Separate Chinese Wok Kitchen And Modern Main Kitchen With Stainless Steel Appliance, Marble Counter Tops, With Large Central Island. Family Room With Wet Bar And Wine Storage As Well As A Home Theater. Back yard Has Pool, Spa And Kid’s Playground. Solar Panels Paid In Full. Attached 3 Car Garage. Close To Everything, Market, Restaurants, Schools etc.

Last Agent to Rent the Property

SAM LEE

California Landmark Realty Inc License #01404313 Listed on: 02/01/2022

Last Renter's Agent

SAM LEE

California Landmark Realty Inc License #01404313 Listed on: 02/01/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,372

Year Built

  • Built in 2014

Lot Details

  • 0.28 Acre Lot
  • Back Yard
  • Property is zoned ARR1YY

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 6,370 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Wine Cellar
  • Living Room with Fireplace
  • Home Theater
  • Home Office
  • Library
  • Loft
  • Walk-In Pantry
  • Laundry Room

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Spa

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • $500 HOA Transfer Fee

Listing and Financial Details

  • Security Deposit $27,600
  • Rent includes gardener, pool
  • 12-Month Minimum Lease Term
  • Available 2/1/22
  • Tax Lot 29
  • Tax Tract Number 4869
  • Assessor Parcel Number 5785009028

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,372

Year Built

Built in 2014

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-02-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 27600
  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Transfer Fees: 500.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: No
  • Zoning: ARR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5785009028
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6370.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 2.17
  • Room Type: Formal Entry, Foyer, Home Theatre, Kitchen, Laundry, Library, Living Room, Loft, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes
  • Spa: 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, Sidewalks, Street Lights

Schools

  • School District: Arcadia Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12411.00
  • Lot Size Acres: 0.2849

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 12411.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Pool

Tax Info

  • Tax Census Tract: 4317.00
  • Tax Lot: 29
  • Tax Tract Number: 4869

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Jan 20, 2022
Sold by
Yang Shao Xing Max
Bought by
Shi Zhanguo and Shi Zhiven
Seller's Agent
SAM LEE
California Landmark Realty Inc
Buyer's Agent
SAM LEE
California Landmark Realty Inc
Sold Price
$13,800
Current Estimated Value
$4,120,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,107,131
Avg. Annual Appreciation
3.48%

Purchase Details

Closed on
Jul 25, 2019
Sold by
Alytheia Llc
Bought by
Yang Shao Xing Max

Purchase Details

Listed on
Apr 15, 2014
Closed on
Jun 7, 2014
Sold by
Tipping Norman Llc
Bought by
Alytheia Llc
Seller's Agent
Henry Nunez
Henry Nunez Real Estate
Buyer's Agent
Bin Dai
Bin Dai, Broker
List Price
$3,680,000
Sold Price
$3,500,000
Premium/Discount to List
-$180,000
-4.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.51%

Purchase Details

Closed on
Jul 10, 2012
Sold by
Baisa E Louise and The Mildred A Schreckengost Li
Bought by
Tipping Norman Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2006
Sold by
Schreckengost Mildred A
Bought by
Baisa E Louise and The Mildred A Schreckengost Living Trust
Source: Public Records

Range of Values:

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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
Shi Zhanguo $3,660,000 Stewart Title Company
Yang Shao Xing Max -- Stewart Title Company
Yang Shao Xing Max -- None Available
Alytheia Llc $3,500,035 Stewart Title Of Inc
Tipping Norman Llc $838,008 Stewart Title Riverside
Baisa E Louise -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tipping Norman Llc $1,720,000
Previous Owner Tipping Norman Llc $419,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2022 02/16/22 Rented $13,800 0.0% --
02/09/2022 02/09/22 Off Market $13,800 -- --
02/01/2022 02/01/22 For Rent $13,800 0.0% --
01/27/2022 01/27/22 Sold $3,660,000 -5.9% $575 / Sq Ft
12/12/2021 12/12/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $3,890,000 +11.1% $611 / Sq Ft
06/23/2014 06/23/14 Sold $3,500,000 0.0% $549 / Sq Ft
05/29/2014 05/29/14 Pending -- -- --
05/23/2014 05/23/14 Off Market $3,500,000 -- --
04/15/2014 04/15/14 For Sale $3,680,000 -- $578 / 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 $42,372 $3,884,020 $2,334,657 $1,549,363
2024 $42,372 $3,807,864 $2,288,880 $1,518,984
2023 $41,477 $3,733,200 $2,244,000 $1,489,200
2022 $31,792 $2,880,000 $1,728,000 $1,152,000
2021 $31,803 $2,880,000 $1,728,000 $1,152,000
2020 $31,706 $3,923,130 $2,353,879 $1,569,251
2019 $42,280 $3,846,207 $2,307,725 $1,538,482
2018 $41,314 $3,770,792 $2,262,476 $1,508,316
2016 $40,534 $3,624,370 $2,174,622 $1,449,748
2015 $39,822 $3,569,930 $2,141,958 $1,427,972
2014 $9,795 $841,804 $841,804 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22020042

California Regional Multiple Listing Service (CRMLS)

APN: 5785-009-028