NOT LISTED FOR SALE

611 W Palm Dr Arcadia, CA 91007

Estimated Value: $3,135,000 - $4,277,000

5 Beds
6 Baths
5,310 Sq Ft
$661/Sq Ft Est. Value

Last Sold October 14, 2015

Last sale price $2,560,000 $482 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $20,650/month

Highlights

  • No HOA
  • Neighborhood Views
  • Living Room
  • Baldwin Stocker Elementary School Rated A+
  • 3 Car Attached Garage
  • Laundry Room

About This Home

As of July 2019

Fall in love with this elegant 2 story, 5-bedroom, 6-bathroom home features a bright and airy floor plan with contemporary designs and great attention to detail. Spacious family room, formal dining room, breakfast nook and wet bar. Exquisite kitchen with stainless steel Viking appliances, second kitchenette/wok room, gorgeous large center island with pantry and custom cabinetry. Master suite features a sitting area with great view of the backyard, a luxurious bath with a huge shower and bath. Separate laundry room with sink, extra storage cabinets for linens, with washer and dryer included. 3 car attached garage with gated front driveway. This stunning home FACES SOUTH and fully furnished. Property located near multiple popular restaurants, grocery and shopping plazas.

Last Agent to Rent the Property

Pinnacle IPM

JDRS Property Management Inc. License #02065678 Listed on: 06/21/2019

Last Renter's Agent

Siming Yu

HomeSmart, Evergreen Realty License #02094726

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 0.28 Acre Lot
  • Density is 36-40 Units/Acre
  • Property is zoned ARR1YY

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 5,310 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Family Room
  • Living Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • $6,500 HOA Transfer Fee

Listing and Financial Details

  • Security Deposit $6,500
  • 12-Month Minimum Lease Term
  • Available 6/21/19
  • Tax Lot 1
  • Tax Tract Number 21924
  • Assessor Parcel Number 5787011018

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2019-06-21
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 6500
  • Furnished: Partially
  • Pets Allowed: Breed Restrictions
  • Transfer Fees: 6500.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: Yes
  • Zoning: ARR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5787011018
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 5310.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Levels: One, Two
  • Main Level Bathrooms: 6
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 1.22
  • Room Type: Family Room, Kitchen, Laundry, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 36-40 Units/Acre
  • Lot Size Sq Ft: 12227.00
  • Lot Size Acres: 0.2807

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 12227.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4316.00
  • Tax Lot: 1
  • Tax Tract Number: 21924

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
Aug 15, 2018
Sold by
Tian Hongbing
Bought by
Tian Zhen
Seller's Agent
Kuo Mao
M.J.Property Service
Buyer's Agent
Kuo Mao
M.J.Property Service
Sold Price
$6,300
Current Estimated Value
$3,507,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,501,686

Purchase Details

Listed on
Apr 30, 2015
Closed on
Aug 24, 2015
Sold by
Liao Yufang
Bought by
Tian Hongbing
Seller's Agent
Peter Cheng
Treelane Realty Group Inc.
Buyer's Agent
Peter Cheng
Treelane Realty Group Inc.
List Price
$2,888,000
Sold Price
$2,560,000
Premium/Discount to List
-$328,000
-11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Original Mortgage
$1,499,900
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 30, 2015
Closed on
Aug 18, 2015
Sold by
Zhang Jie
Bought by
Tian Hongbing
Seller's Agent
Peter Cheng
Treelane Realty Group Inc.
Buyer's Agent
Peter Cheng
Treelane Realty Group Inc.
List Price
$2,888,000
Sold Price
$2,560,000
Premium/Discount to List
-$328,000
-11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,900
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 17, 2012
Closed on
Dec 4, 2012
Sold by
Hu Bin and Xiong Jun Li
Bought by
Zhang Jie
Seller's Agent
Susanna Mao
Treeline Realty & Investment
Buyer's Agent
Peter Cheng
Treelane Realty Group Inc.
List Price
$2,390,000
Sold Price
$2,320,000
Premium/Discount to List
-$70,000
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%

Purchase Details

Closed on
Jan 11, 2011
Sold by
Palmerica Design Llc
Bought by
Hu Bin and Xiong Jun Li

Purchase Details

Closed on
Dec 1, 2009
Sold by
Fu Wai Chiu
Bought by
Palmerica Design Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,000
Interest Rate
4.77%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 25, 2009
Sold by
Lau Cheuk Ying
Bought by
Fu Wai Chiu

Purchase Details

Closed on
Aug 3, 2009
Sold by
Chen Lung and Chen Lien Li
Bought by
Fu Wai Chiu
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
Tian Zhen -- None Available
Tian Hongbing -- Chicago Title Company
Tian Hongbing $2,560,000 Chicago Title Company
Zhang Jie $2,320,000 Lawyers Title Company
Hu Bin $2,160,000 Fidelity National Title Co
Palmerica Design Llc -- Fidelity National Title Co
Fu Wai Chiu -- California Counties Title Co
Fu Wai Chiu $790,000 California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tian Hongbing $1,499,900
Previous Owner Palmerica Design Llc $745,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2019 07/30/19 Rented $6,500 0.0% --
06/21/2019 06/21/19 For Rent $6,500 +3.2% --
07/03/2018 07/03/18 Rented $6,300 0.0% --
06/19/2018 06/19/18 Under Contract -- -- --
06/14/2018 06/14/18 Price Changed $6,300 -3.1% $1 / Sq Ft
05/09/2018 05/09/18 For Rent $6,500 +3.2% --
07/27/2016 07/27/16 Rented $6,300 -3.1% --
07/16/2016 07/16/16 For Rent $6,500 0.0% --
10/14/2015 10/14/15 Sold $2,560,000 -8.2% $482 / Sq Ft View Prior Sale
08/18/2015 08/18/15 Pending -- -- --
05/22/2015 05/22/15 Price Changed $2,788,000 -3.5% $525 / Sq Ft
04/30/2015 04/30/15 For Sale $2,888,000 +24.5% $544 / Sq Ft
12/07/2012 12/07/12 Sold $2,320,000 -2.9% $437 / Sq Ft View Prior Sale
09/15/2012 09/15/12 Price Changed $2,390,000 0.0% $450 / Sq Ft
09/15/2012 09/15/12 For Sale $2,390,000 +3.0% $450 / Sq Ft
09/13/2012 09/13/12 Off Market $2,320,000 -- --
07/17/2012 07/17/12 For Sale $2,580,000 -- $486 / 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 $29,202 $2,650,467 $1,590,727 $1,059,740
2024 $29,202 $2,598,498 $1,559,537 $1,038,961
2023 $28,589 $2,547,548 $1,528,958 $1,018,590
2022 $27,637 $2,497,597 $1,498,979 $998,618
2021 $27,125 $2,448,626 $1,469,588 $979,038
2019 $30,107 $2,716,690 $1,280,452 $1,436,238
2018 $29,394 $2,663,423 $1,255,346 $1,408,077
2016 $28,811 $2,560,000 $1,206,600 $1,353,400
2015 $26,650 $2,377,095 $1,426,257 $950,838
2014 $26,257 $2,330,532 $1,398,319 $932,213
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19147726

California Regional Multiple Listing Service (CRMLS)

APN: 5787-011-018