NOT LISTED FOR SALE

601 Cortez Rd Arcadia, CA 91007

Estimated Value: $1,923,000 - $2,169,000

3 Beds
2 Baths
2,398 Sq Ft
$849/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $1,520,000 $634 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $12,863/month

52 Days on Market

Highlights

  • Private Pool
  • Fireplace in Primary Bedroom
  • 2 Car Attached Garage
  • Hugo Reid Elementary School Rated A+
  • No HOA
  • Park

About This Home

As of January 2021

Newly upgraded full bathroom, flooring and freshly painted interiors, this turnkey charming home sits on a large flat lot of 11,715 square feet in the heart of the Santa Anita Village, with a convenient location while maintaining exceptional serenity. A single story residence of 2,398 square feet featuring 3 bedrooms, 2 full bathrooms, including the master suite with a full bath with claw foot tub and separate shower; two spacious and bright bedrooms; a family room with sliding French doors; a spacious living room with a scenic view of the San Gabriel mountains and a fireplace, which can also be converted to be a fourth bedroom. The kitchen boasts a 6 burner Wolf range, granite countertops, and a breakfast area. The serene backyard is surrounded by lush foliage with a large redwood deck overlooking a huge sparkling pool. Absolutely an entertainer's delight! Conveniently located within Arcadia schools, with restaurants, shopping, and public transportation just minutes away. Please see 3-D virtual tour at https://my.matterport.com/show/?brand=0&m=eQHxVKnB7mU

Last Agent to Sell the Property

Peter Cheng

Treelane Realty Group Inc. License #01800721 Listed on: 10/26/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 0.27 Acre Lot
  • Garden
  • Front Yard
  • Property is zoned ARR1D*

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,398 Sq Ft Home
  • 1-Story Property
  • Family Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 11932
  • Assessor Parcel Number 5777037001

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: ARR1D*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5777037001
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2398.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 633.86
  • Room Type: All Bedrooms Down, Family Room

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard, Garden
  • Lot Size Sq Ft: 11715.00
  • Lot Size Acres: 0.2689

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11715.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4307.01
  • Tax Lot: 17
  • Tax Tract Number: 11932

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2018
Closed on
Oct 22, 2018
Sold by
Zhang Zhi Zhong and Zhang Zhexi
Bought by
Li Dongjing and Dong Mingming
Seller's Agent
ELAINE BIANCONE
IRN REALTY
Buyer's Agent
Peter Cheng
Treelane Realty Group Inc.
List Price
$1,530,000
Sold Price
$1,408,000
Premium/Discount to List
-$122,000
-7.97%
Current Estimated Value
$2,036,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$628,487
Avg. Annual Appreciation
5.31%
Original Mortgage
$840,000
Outstanding Balance
$736,770
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,299,717

Purchase Details

Listed on
Mar 16, 2015
Closed on
Apr 22, 2015
Sold by
Rigsby David D and Eaton Karen Stearns
Bought by
Zhang Zhi Zhong
Seller's Agent
Fred Ashkar
Re/Max Premier Prop Arcadia
Buyer's Agent
ELAINE BIANCONE
IRN REALTY
List Price
$1,598,000
Sold Price
$1,598,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.52%

Purchase Details

Listed on
Mar 16, 2015
Closed on
Apr 20, 2015
Sold by
Wang Leiqin
Bought by
Zhang Zhi Zong
Seller's Agent
Fred Ashkar
Re/Max Premier Prop Arcadia
Buyer's Agent
ELAINE BIANCONE
IRN REALTY
List Price
$1,598,000
Sold Price
$1,598,000

Purchase Details

Closed on
Nov 5, 1998
Sold by
Rigsby David B and Eaton Karen Stern
Bought by
Rigsby David G and Eaton Karen Stern

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.25%

Purchase Details

Closed on
Jul 22, 1996
Sold by
Jacobs Engineering Group Inc
Bought by
Rigsby David B and Eaton Karen Stern

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
7.87%

Purchase Details

Closed on
Jul 18, 1996
Sold by
Kunberger George A and Cracknell Diane M
Bought by
Jacobs Engineering Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
7.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Li Dongjing $1,408,000 First American Title Company
Zhang Zhi Zhong $1,598,000 Fidelity
Zhang Zhi Zong -- None Available
Zhang Zhi Zhong -- None Available
Rigsby David G -- Orange Coast Title
Rigsby David B $11,363 Guardian Title
Jacobs Engineering Group Inc $169,000 Guardian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Dongjing $840,000
Previous Owner Rigsby David G $340,000
Previous Owner Rigsby David B $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2021 01/22/21 Sold $1,520,000 -3.1% $634 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
11/27/2020 11/27/20 Price Changed $1,568,000 -0.8% $654 / Sq Ft
10/26/2020 10/26/20 For Sale $1,580,000 +12.2% $659 / Sq Ft
11/15/2018 11/15/18 Sold $1,408,000 -2.2% $587 / Sq Ft View Prior Sale
09/02/2018 09/02/18 Pending -- -- --
08/26/2018 08/26/18 Price Changed $1,439,800 -5.9% $600 / Sq Ft
06/25/2018 06/25/18 For Sale $1,530,000 0.0% $638 / Sq Ft
10/03/2015 10/03/15 Rented $3,480 -3.3% --
09/24/2015 09/24/15 For Rent $3,600 0.0% --
05/07/2015 05/07/15 Sold $1,598,000 0.0% $666 / Sq Ft View Prior Sale
04/21/2015 04/21/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $1,598,000 -- $666 / 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 $26,701 $1,645,294 $1,316,236 $329,058
2024 $25,751 $1,613,034 $1,290,428 $322,606
2023 $25,368 $1,581,407 $1,265,126 $316,281
2022 $24,776 $1,550,400 $1,240,320 $310,080
2021 $16,274 $1,451,037 $1,160,830 $290,207
2020 $16,068 $1,436,160 $1,148,928 $287,232
2019 $15,879 $1,408,000 $1,126,400 $281,600
2018 $18,778 $1,687,909 $1,238,259 $449,650
2016 $18,397 $1,622,368 $1,190,177 $432,191
2015 $6,153 $508,172 $272,651 $235,521
2014 -- $498,219 $267,311 $230,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20223826

California Regional Multiple Listing Service (CRMLS)

APN: 5777-037-001