NOT LISTED FOR SALE

515 Drake Rd Arcadia, CA 91007

Estimated Value: $1,707,000 - $1,852,000

3 Beds
2 Baths
1,888 Sq Ft
$942/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $1,550,000 $821 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,790/month

9 Days on Market

Highlights

  • Filtered Pool
  • Updated Kitchen
  • Mountain View
  • Hugo Reid Elementary School Rated A+
  • Open Floorplan
  • Traditional Architecture

About This Home

As of July 2022

Dazzling and Fabulously Styled One-Level Home in Highly-Rated Arcadia SD! Centrally located in the coveted neighborhood of Santa Anita Village, this spacious 3BR/2BA residence offers a truly welcoming vibe with a classic stucco exterior, a covered entryway, midcentury architectural influences, mountain views, and lush landscaping. Brilliantly fashioned for modern living, the interior charms with hardwood floors, an entertainment-ready floorplan, plantation shutters, tons of natural light, new vinyl windows throughout, and a spacious living room with a stacked stone fireplace. Captivating and updated for contemporary living, the open concept gourmet kitchen features stainless-steel appliances, a gas range/oven, solid surface countertops, soft-close white shaker cabinetry w/pull-outs, a center island a dining area, and an adjoining family room with new laminate floors. Gather outdoors in the fully fenced backyard, which has a sparkling swimming pool (newly replastered and new pump), a huge covered patio, and fruit trees (avocado, orange, and lime). Magnificent for relaxation, the primary bedroom has French doors to the outdoor space, a sizeable closet, and a renovated en suite with a dual sink vanity. Other features: detached 2-car garage, laundry area, new A/C unit, CA basement for furnace and water heater, close to Westfield Santa Anita Mall, Starbucks, parks, transportation, restaurants, Methodist Hospital, Santa Anita Racetrack, and schools, and so much more! Come See Now!

Last Agent to Sell the Property

Fred Ashkar

Re/Max Premier Prop Arcadia License #00925837 Listed on: 06/28/2022

Re/Max Premier Prop Arcadia

Co-Listed By

John Ashkar

Re/Max Premier Prop Arcadia License #01807861

Last Buyer's Agent

Neha Jespersen

Deasy Penner Podley License #01933532

Deasy Penner Podley

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 9,420 Sq Ft Lot
  • Lot Dimensions are 60x156
  • East Facing Home
  • Wood Fence
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Sprinklers Throughout Yard
  • Back and Front Yard
  • Property is zoned ARR1D*

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Traditional Architecture
  • Turnkey
  • Raised Foundation
  • Tile Roof
  • Concrete Roof
  • Partial Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 1,888 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Window Screens
  • French Doors
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Mountain Views
  • Utility Basement

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Dual Sinks
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Stacked Washer and Dryer

Home Security

  • Home Security System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps

Pool

  • Filtered Pool
  • In Ground Pool

Outdoor Features

  • Patio
  • Rooftop Access
  • Rain Gutters
  • Rear Porch

Schools

  • Arcadia Elementary And Middle School
  • Arcadia High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 54
  • Tax Tract Number 13177
  • Assessor Parcel Number 5777009013
  • $814 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Security Lights, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: ARR1D*
  • Architectural Style: Ranch, Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5777009013
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1888.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Partial, Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room, Separated
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 820.97
  • Room Type: Entry, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Window Features: Double Pane Windows, Plantation Shutters, Screens
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Exhaust Fan(s), Linen Closet/Storage, Quartz Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers
  • Basement: Utility

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Raised
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick, Rear Porch, Roof Top
  • Pool Features: Private, Filtered, In Ground
  • Pool Private: Yes
  • Roof: Concrete, Tile
  • Spa: No
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: In Kitchen, Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Arcadia
  • High School: Arcadia
  • Middle Or Junior School: Arcadia
  • Elementary School #2: ARCADI
  • High School2: ARCADI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lot 6500-9999, Rectangular Lot, Level, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size: 60x156
  • Lot Size Sq Ft: 9420.00
  • Lot Size Acres: 0.2163

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9420.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4307.01
  • Tax Lot: 54
  • Tax Tract Number: 13177
  • TaxOtherAnnualAssessmentAmount: 814.00

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Jul 7, 2022
Sold by
Syth William Joseph and Syth Elizabeth Jean
Bought by
Loh Shawn and Loh Pensri
Seller's Agent
Fred Ashkar
Re/Max Premier Prop Arcadia
Buyer's Agent
Neha Jespersen
Deasy Penner Podley
List Price
$1,528,000
Sold Price
$1,550,000
Premium/Discount to List
$22,000
1.44%
Current Estimated Value
$1,779,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,012
Avg. Annual Appreciation
4.08%
Original Mortgage
$930,000
Outstanding Balance
$889,846
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$889,166

Purchase Details

Closed on
Aug 25, 1999
Sold by
Dean Richard S Tr Richard S Dean Trust
Bought by
Syth William Joseph and Syth Elizabeth Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
7.76%
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
Loh Shawn $1,550,000 New Title Company Name
Syth William Joseph $438,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loh Shawn $930,000
Previous Owner Syth William Joseph $350,400
Closed Syth William Joseph $43,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2022 07/27/22 Sold $1,550,000 +1.4% $821 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $1,528,000 -- $809 / 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 $17,954 $1,612,620 $1,290,096 $322,524
2024 $17,954 $1,581,000 $1,264,800 $316,200
2023 $17,578 $1,550,000 $1,240,000 $310,000
2022 $7,507 $634,350 $420,009 $214,341
2021 $7,368 $621,913 $411,774 $210,139
2019 $7,195 $603,468 $399,561 $203,907
2018 $6,925 $591,636 $391,727 $199,909
2016 $6,730 $568,665 $376,517 $192,148
2015 $6,614 $560,124 $370,862 $189,262
2014 $6,528 $549,153 $363,598 $185,555
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22140571

California Regional Multiple Listing Service (CRMLS)

APN: 5777-009-013