Seller's Agent in 2022
Peter Cheng
Treelane Realty Group Inc.
(818) 516-6188
17 in this area
59 Total Sales
530 Drake Rd Arcadia, CA 91007
Estimated Value: $3,288,000 - $3,361,309
4
Beds
5
Baths
3,655
Sq Ft
$908/Sq Ft
Est. Value
Highlights
- Gas Heated Pool
- Mountain View
- No HOA
- Hugo Reid Elementary School Rated A+
- Main Floor Bedroom
- 2 Car Attached Garage
About This Home
As of March 2022Located in the highly desirable Santa Anita Village of Arcadia, this gorgeous mid-century modern, industrial inspired property was built with emphasis of getting as much natural lighting as possible with sky lights and large windows. Stunning newer construction built by Sunny Construction and designed by PDS Studio. Upon entry, you’re greeted with intricate custom wood details, high ceilings, living room with fireplace and formal dining. Stylish and sophisticated office perfectly located for maximum light. Every detail was carefully selected with custom material from the marble floors to the individually pieced mosaic tiles in the bathrooms, and the luxurious lighting fixtures. The main kitchen is a dream for the culinary enthusiast that includes a huge, modern quartz island, custom cabinetry, and high-end kitchen appliances. Prep kitchen with stove, vent, sink and storage shelves. High-ceiling family room filled with light from sky lights and large double french doors that open to the private backyard. The first floor features 2 suites with bathrooms, and laundry room. The second floor leads to the grand master suite, beautifully designed master bath with a large walk-in closet. Across the hallway is the fourth bedroom suite with walk-in closet. Central vacuum and half guest bath near entry way. This property resides near award-winning schools and easy access to shopping, making it a perfect luxury home for your family! Check 3D virtual tour: https://my.matterport.com/show/?m=ErQtpPq3uAd&play=1
Last Agent to Sell the Property
Treelane Realty Group Inc. License #01800721 Listed on: 01/16/2022
Home Details
Home Type
- Single Family
Year Built
- Built in 2017
Lot Details
- 0.26 Acre Lot
- Density is 2-5 Units/Acre
- Property is zoned ARR1D*
Parking
- 2 Car Attached Garage
Property Views
- Mountain
- Neighborhood
Interior Spaces
- 3,655 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- Walk-In Closet
- 5 Full Bathrooms
Additional Features
- Gas Heated Pool
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 14
- Tax Tract Number 11932
- Assessor Parcel Number 5777015002
- $857 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2022
Closed on
Feb 9, 2022
Sold by
Ailing Xiang
Bought by
Wong Alex K and Wong Emma A
Seller's Agent
Peter Cheng
Treelane Realty Group Inc.
Buyer's Agent
Pei Li
Vista Del Verde Realty
List Price
$3,050,000
Sold Price
$3,068,000
Premium/Discount to List
$18,000
0.59%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,214
Avg. Annual Appreciation
1.98%
Original Mortgage
$2,175,000
Outstanding Balance
$1,984,620
Interest Rate
2.38%
Mortgage Type
New Conventional
Estimated Equity
$1,334,957
Purchase Details
Listed on
Aug 22, 2018
Closed on
Sep 16, 2019
Sold by
Tang Wenwei
Bought by
Xiang Ailing
Seller's Agent
Jenny Ma
Sunny Realty Group, Inc.
Buyer's Agent
Peter Cheng
Treelane Realty Group Inc.
List Price
$3,130,000
Sold Price
$2,800,000
Premium/Discount to List
-$330,000
-10.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%
Purchase Details
Closed on
Jul 3, 2019
Sold by
Liu Yan Ming
Bought by
Xiang Ailing
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Interest Rate
3.4%
Purchase Details
Listed on
Jan 2, 2017
Closed on
Mar 24, 2017
Sold by
Drake Valley Llc
Bought by
Liu Yan Ming
Seller's Agent
Jackson Chen
IRN Realty
Buyer's Agent
Jenny Ma
Sunny Realty Group, Inc.
List Price
$2,868,000
Sold Price
$2,600,000
Premium/Discount to List
-$268,000
-9.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%
Original Mortgage
$1,500,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 12, 2015
Sold by
Tsunokai Theodore N
Bought by
Drake Valley Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,500
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 12, 1994
Sold by
Tsunokai Theodore N and Tsunokai Thelma T
Bought by
Tsunokai Theodore N
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wong Alex K | $3,068,000 | Chicago Title | |
| Xiang Ailing | -- | Stewart Title Of Ca Inc | |
| Xiang Ailing | $2,800,000 | Stewart Title Of Ca Inc | |
| Liu Yan Ming | $2,600,000 | Fntg | |
| Drake Valley Llc | $1,075,000 | Fidelity | |
| Tsunokai Theodore N | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wong Alex K | $2,175,000 | |
| Previous Owner | Xiang Ailing | $1,680,000 | |
| Previous Owner | Liu Yan Ming | $1,500,000 | |
| Previous Owner | Drake Valley Llc | $537,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/15/2022 03/15/22 | Sold | $3,068,000 | +0.6% | $839 / Sq Ft | |
| 02/05/2022 02/05/22 | Pending | -- | -- | -- | |
| 01/16/2022 01/16/22 | For Sale | $3,050,000 | +8.9% | $834 / Sq Ft | |
| 10/23/2019 10/23/19 | Sold | $2,800,000 | -10.5% | $766 / Sq Ft | View Prior Sale |
| 10/04/2019 10/04/19 | For Sale | $3,130,000 | 0.0% | $856 / Sq Ft | |
| 08/30/2019 08/30/19 | Pending | -- | -- | -- | |
| 07/06/2019 07/06/19 | Price Changed | $3,130,000 | -0.6% | $856 / Sq Ft | |
| 06/21/2019 06/21/19 | Price Changed | $3,150,000 | -0.3% | $862 / Sq Ft | |
| 05/21/2019 05/21/19 | Price Changed | $3,160,000 | -0.6% | $865 / Sq Ft | |
| 04/18/2019 04/18/19 | Price Changed | $3,180,000 | -0.3% | $870 / Sq Ft | |
| 02/19/2019 02/19/19 | Price Changed | $3,190,000 | -5.1% | $873 / Sq Ft | |
| 01/26/2019 01/26/19 | Price Changed | $3,360,000 | -0.6% | $919 / Sq Ft | |
| 08/22/2018 08/22/18 | For Sale | $3,380,000 | +30.0% | $925 / Sq Ft | |
| 03/29/2017 03/29/17 | Sold | $2,600,000 | -9.3% | $720 / Sq Ft | View Prior Sale |
| 03/02/2017 03/02/17 | Pending | -- | -- | -- | |
| 01/02/2017 01/02/17 | For Sale | $2,868,000 | -- | $794 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $31,187 | $2,854,648 | $1,427,324 | $1,427,324 |
| 2024 | $31,187 | $2,798,676 | $1,399,338 | $1,399,338 |
| 2023 | $30,527 | $2,743,800 | $1,371,900 | $1,371,900 |
| 2022 | $31,585 | $2,885,586 | $1,267,081 | $1,618,505 |
| 2021 | $31,013 | $2,829,007 | $1,242,237 | $1,586,770 |
| 2019 | $30,241 | $2,744,513 | $1,204,471 | $1,540,042 |
| 2018 | $29,176 | $2,652,000 | $1,180,854 | $1,471,146 |
| 2016 | $12,533 | $1,091,393 | $873,115 | $218,278 |
| 2015 | $3,403 | $288,222 | $124,304 | $163,918 |
| 2014 | -- | $282,578 | $121,870 | $160,708 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Cheng
-
Pei Li
Buyer's Agent in 2022
Pei Li
Vista Del Verde Realty
(626) 542-8188
1 in this area
10 Total Sales
-
Jenny Ma
J
Seller's Agent in 2019
Jenny Ma
Sunny Realty Group, Inc.
(626) 241-2681
20 in this area
32 Total Sales
-
Jackson Chen
J
Seller's Agent in 2017
Jackson Chen
IRN Realty
(626) 841-5678
1 in this area
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR22006529
APN: 5777-015-002
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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