NOT LISTED FOR SALE

605 Walnut Ave Arcadia, CA 91007

Estimated Value: $4,203,000 - $4,768,000

5 Beds
6.5 Baths
7,480 Sq Ft
$603/Sq Ft Est. Value

Last Sold October 28, 2015

Last sale price $3,825,000 $511 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $27,721/month

41 Days on Market

Highlights

  • Wine Cellar
  • Two Primary Bedrooms
  • Recreation Room
  • Baldwin Stocker Elementary School Rated A+
  • Atrium Room
  • Main Floor Bedroom

About This Home

As of October 2015

2015 Brand New. Tuscan style two story estate featuring 5 suites, 5.5 baths, 3 car garage and a pool house with 3/4 bath on the back yard. Total living square feet is 7480 , designed by Robert Tong and built by Chateau Operating Corp., this elegant home has beautifully-burnished custom wood elements mixed with contemporary touches , lending an elevated and sophisticated vibe throughout the house. The Foyer is illuminated by large chandelier suspended from second story ceiling, formal dining room has beautiful hand-painted ceiling . The lower level also plays home to a world-class library with unique wood-coffered ceiling and light-filled gourmet kitchen . The upstairs suited are a playful combination of classic lines and exclusive design elements. With custom-designed detail finishes of the highest quality workmanship, this warm, Tuscan home will serve as your dream escape to paradise.

Last Agent to Sell the Property

Peggy Chen

KO TAI REALTY License #00917268 Listed on: 08/26/2015

KO TAI REALTY

Last Buyer's Agent

Carol Lee

Re/Max Premier Prop SanMarino License #01121015

Re/Max Premier Prop SanMarino

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 0.37 Acre Lot
  • Private Yard

Parking

  • 3 Car Garage

Interior Spaces

  • 7,480 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • Den
  • Library
  • Recreation Room
  • Loft
  • Bonus Room
  • Atrium Room
  • Center Hall

Kitchen

  • Galley Kitchen
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area

Location

  • Urban Location

Utilities

  • Cooling System Powered By Gas
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 8962
  • Assessor Parcel Number 5787001024

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5787001024
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7480.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 511.36
  • Room Type: Atrium, Bonus Room, Center Hall, Den, Dressing Area, Entry, Family Room, Formal Entry, Foyer, Galley Kitchen, Loft, Library, Living Room, Main Floor Bedroom, Walk-In Pantry, Walk-In Closet, Recreation, Two Masters, Wine Cellar

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Central Air, Dual, Electric, Gas, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 16196.00
  • Price Per Lot Square Foot: 236.17
  • Lot Size Acres: 0.3720

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16196.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 8962

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2015
Closed on
Oct 16, 2015
Sold by
Wacp Llc
Bought by
Gong Chunxiao
Seller's Agent
Peggy Chen
KO TAI REALTY
Buyer's Agent
Carol Lee
Re/Max Premier Prop SanMarino
List Price
$4,378,000
Sold Price
$3,825,000
Premium/Discount to List
-$553,000
-12.63%
Current Estimated Value
$4,507,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$682,044
Avg. Annual Appreciation
1.62%

Purchase Details

Listed on
Jan 25, 2013
Closed on
Feb 25, 2013
Sold by
Hsieh Yuang Steve and Hsieh Chiu Hsia
Bought by
Wacp Llc
Seller's Agent
Jean Liu
Re/Max Premier Prop SanMarino
Buyer's Agent
Yichun Kuo
Goldstar Properties Investment
List Price
$1,180,000
Sold Price
$1,438,000
Premium/Discount to List
$258,000
21.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.06%
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
Gong Chunxiao $3,825,000 Title 365
Wacp Llc $1,438,000 Lawyers Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2015 10/28/15 Sold $3,825,000 -12.6% $511 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $4,378,000 +204.5% $585 / Sq Ft
03/12/2013 03/12/13 Sold $1,438,000 +21.9% $888 / Sq Ft View Prior Sale
02/02/2013 02/02/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $1,180,000 -- $728 / 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 $49,278 $4,528,019 $2,722,731 $1,805,288
2024 $49,278 $4,439,236 $2,669,345 $1,769,891
2023 $48,186 $4,352,193 $2,617,005 $1,735,188
2022 $46,569 $4,266,857 $2,565,692 $1,701,165
2021 $45,716 $4,183,194 $2,515,385 $1,667,809
2019 $44,583 $4,059,120 $2,440,778 $1,618,342
2018 $43,582 $3,979,530 $2,392,920 $1,586,610
2016 $42,761 $3,825,000 $2,300,000 $1,525,000
2015 $16,680 $1,473,388 $1,178,711 $294,677
2014 $16,443 $1,444,527 $1,155,622 $288,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS15189193

California Regional Multiple Listing Service (CRMLS)

APN: 5787-001-024