NOT LISTED FOR SALE

54 Corto Rd Arcadia, CA 91007

Estimated Value: $2,338,000 - $2,699,113

3 Beds
3.5 Baths
2,636 Sq Ft
$967/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $1,750,000 $664 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $15,351/month

12 Days on Market

Highlights

  • Art Studio
  • In Ground Pool
  • All Bedrooms Downstairs
  • Hugo Reid Elementary School Rated A+
  • Primary Bedroom Suite
  • View of Trees or Woods

About This Home

As of April 2017

Quite possibly the most beautiful home for sale in the prestigious Lower Rancho area of Arcadia. This 4 bedroom, 3 bath (with an additional 1/2 bath for the pool), has been completely remodeled by professional contractors, all with permits, and all of the highest quality and workmanship. This home has hardwood floors, a fully remodeled, high-end kitchen, with granite counter tops and marble back splashes, built-in stainless steel appliances, and a large eat-in island. Living room has a fireplace and wired for surround sound. Each bedroom is large with lots of closet and storage space. A huge master suite with an amazing private bathroom and huge walk in closet completes this home!
Outside, you'll find the professional landscaping, with lots of entertainment spaces, a beautiful pool and jacuzzi, storage shed, garden area, vegetable area, and new brickwork... all highlighted with outdoor landscape lighting.

Last Agent to Sell the Property

Mel Dang

Keller Williams Realty License #00996249 Listed on: 03/17/2017

Keller Williams Realty

Last Buyer's Agent

Paul Siu

PINNACLE REAL ESTATE GROUP License #01221460

PINNACLE REAL ESTATE GROUP

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.33 Acre Lot
  • Front and Back Yard Sprinklers
  • Property is zoned ARROD*

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Woods
  • Mountain

Home Design

  • Ranch Style House
  • Concrete Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 2,636 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Double Pane Windows
  • Panel Doors
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Art Studio
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 4 Main Level Bedrooms
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry Chute

Pool

  • In Ground Pool
  • In Ground Spa
  • Permits For Spa
  • Permits for Pool

Outdoor Features

  • Open Patio
  • Lanai
  • Exterior Lighting
  • Rain Gutters
  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Suburban Location

Community Details

  • Property has a Home Owners Association
  • Lower Rancho Association, Phone Number (626) 284-7400

Listing and Financial Details

  • Tax Lot 002
  • Tax Tract Number 2
  • Assessor Parcel Number 5777002002

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: ARROD*
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5777002002
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2636.00 Square Feet
  • Interior Amenities: Built-in Features, Copper Plumbing Partial, Crown Molding, Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Tile Counters, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Panel Doors
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 663.88
  • Room Type: All Bedrooms Down, Art Studio, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Spa Features: In Ground, Permits
  • Window Features: Double Pane Windows
  • Bathroom Features: Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting, Rain Gutters
  • View: Mountain(s), Trees/Woods
  • Patio And Porch Features: Brick, Lanai, Patio, Patio Open, Porch, Rear Porch
  • Pool Features: Private, In Ground, Permits
  • Pool Private: Yes
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Freezer, Disposal, Gas Oven, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside, Laundry Chute
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Name: Lower Rancho
  • Phone: 626-284-7400
  • Senior Community: No
  • Community Features: Curbs, Street Lights, 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: Lot 10000-19999 Sqft, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 14449.00

Multi Family

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

Tax Info

  • Tax Census Tract: 4307.01
  • Tax Lot: 002
  • Tax Tract Number: 002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2017
Closed on
Apr 18, 2017
Sold by
Huang Yingyu
Bought by
Yang Chexi
Seller's Agent
Mel Dang
Keller Williams Realty
Buyer's Agent
Paul Siu
PINNACLE REAL ESTATE GROUP
List Price
$1,575,000
Sold Price
$1,750,000
Premium/Discount to List
$175,000
11.11%
Current Estimated Value
$2,548,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$798,278
Avg. Annual Appreciation
4.44%
Original Mortgage
$60,000
Outstanding Balance
$49,956
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,498,322

Purchase Details

Listed on
Mar 17, 2017
Closed on
Apr 14, 2017
Sold by
Mcginnis Mark Edwin
Bought by
Yang Chexi
Seller's Agent
Mel Dang
Keller Williams Realty
Buyer's Agent
Paul Siu
PINNACLE REAL ESTATE GROUP
List Price
$1,575,000
Sold Price
$1,750,000
Premium/Discount to List
$175,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$49,956
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,498,322

Purchase Details

Closed on
Oct 11, 2012
Sold by
Mcginnis Mark Edwin
Bought by
Mcginnis Mark Edwin and Mcginnis Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2005
Sold by
Mcginnis Mark Edwin
Bought by
Mcginnis Mark Edwin and Mcginnis Mary Ellen

Purchase Details

Closed on
Jun 7, 2000
Sold by
Chen Edward I
Bought by
Mcginnis Mark and Mcginnis Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,000
Interest Rate
8.55%

Purchase Details

Closed on
Dec 12, 1997
Sold by
Hidajat Hendra
Bought by
Chen Edward I Chun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Yang Chexi -- Provident Title Company
Yang Chexi $1,750,000 Provident Title Company
Mcginnis Mark Edwin -- None Available
Mcginnis Mark Edwin -- American Coast Title
Mcginnis Mark Edwin -- --
Mcginnis Mark $463,000 Southland Title
Chen Edward I Chun $355,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Chexi $60,000
Open Yang Chexi $270,000
Previous Owner Mcginnis Mark Edwin $407,000
Previous Owner Mcginnis Mark $313,000
Previous Owner Chen Edward I Chun $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2017 04/27/17 Sold $1,750,000 +11.1% $664 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $1,575,000 -- $597 / 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 $24,004 $2,175,144 $1,530,694 $644,450
2024 $24,004 $2,132,495 $1,500,681 $631,814
2023 $23,499 $2,090,682 $1,471,256 $619,426
2022 $22,718 $2,049,689 $1,442,408 $607,281
2021 $22,304 $2,009,500 $1,414,126 $595,374
2019 $21,758 $1,949,899 $1,372,183 $577,716
2018 $19,844 $1,785,000 $1,345,278 $439,722
2016 $9,447 $811,416 $467,911 $343,505
2015 $9,284 $799,229 $460,883 $338,346
2014 $9,160 $783,574 $451,855 $331,719
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17056346

California Regional Multiple Listing Service (CRMLS)

APN: 5777-002-002