NOT LISTED FOR SALE

614 N Old Ranch Rd Arcadia, CA 91007

Estimated Value: $2,549,000 - $2,829,698

4 Beds
3 Baths
3,250 Sq Ft
$819/Sq Ft Est. Value

Last Sold April 27, 2015

Last sale price $1,710,000 $526 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $16,036/month

126 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • Hugo Reid Elementary School Rated A
  • 0.77 Acre Lot
  • Mountain View

About This Home

As of April 2015

This extensively remodeled contemporary-style estate is an entertainer’s paradise, located within the boundaries of the highly sought-after Arcadia Unified School District. This treasure is nestled in the highly desirable Lower Rancho area next to the L.A. County Arboretum, and within close distance to the Santa Anita Park, Westfield shopping center, Pasadena Hastings Ranch shopping centers, schools, and all necessities. With a lot boasting 33,541 square feet (148’ x 227’), the expansive backyard offers a sparkling swimming pool, large patio, and an abundance of open space with lots of potential.

The interior of the home is just as much an entertainer’s dream. The very spacious living room and formal dining area combination offers a fireplace and built-in radio with speakers. The large open gourmet kitchen is highlighted with high-end appliances (Miele oven, microwave, steamer, and Thermador range), built-in espresso machine, built-in refrigerator at the wet bar, breakfast bar with pendant light fixtures, and a wall-to-wall pantry. The huge family room with trey ceiling can also be used as a recreational room. Gleaming wood flooring adorn the living space.

Last Agent to Sell the Property

Pearl Chen

Compass License #01005527 Listed on: 09/30/2014

Compass

Last Buyer's Agent

Ying Chou

K.W. EXECUTIVE License #01949599

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,847

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 0.77 Acre Lot

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Circular Driveway
  • Auto Driveway Gate

Home Design

  • Turnkey

Interior Spaces

  • 3,250 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Casement Windows
  • Family Room
  • Living Room with Fireplace
  • Storage
  • Laundry Room
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11215
  • Assessor Parcel Number 5776030001

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,847

Year Built

Built in 1951 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5776030001
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3250.00
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Pantry, Recessed Lighting, Storage, Tray Ceiling(s), Wet Bar
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 526.15
  • Room Type: Family Room, Living Room, Master Suite
  • Window Features: Blinds, Casement Windows, Double Pane Windows

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Circular Driveway, Direct Garage Access, Garage, Garage Door Opener
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Arcadia Unified

Lot Info

  • Lot Size Sq Ft: 33541.00
  • Lot Size Acres: 0.7700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 33541.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 11215

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2015
Sold by
Jiang Chongbin
Bought by
Wan Zhengqiang
Total Days on Market
126
Current Estimated Value
$2,662,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,900
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 3, 2011
Sold by
Zeng Yan
Bought by
Jiang Chongbin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2011
Sold by
Krogen Jeff and Heil Ann
Bought by
Jiang Chongbin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2001
Sold by
Lowe Elaine I and H & E Lowe Living Trust
Bought by
Lowe Elaine I and Lowe Family 1999 Revocable Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,600
Interest Rate
6.89%

Purchase Details

Closed on
Apr 17, 2001
Sold by
Lowe Elaine I and The Lowe Family 1999 Revocable
Bought by
Krogen Jeff and Heil Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,600
Interest Rate
6.89%
Source: Public Records

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Range of Values:

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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
Wan Zhengqiang $1,710,000 Lawyers Title Company
Jiang Chongbin -- Equity Title
Jiang Chongbin $1,260,000 Equity Title
Lowe Elaine I -- Southland Title Corporation
Krogen Jeff $595,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wan Zhengqiang $999,900
Previous Owner Jiang Chongbin $756,000
Previous Owner Krogen Jeff $475,000
Previous Owner Krogen Jeff $511,000
Previous Owner Krogen Jeff $473,600
Previous Owner Lowe Elaine I $100,000
Previous Owner Lowe Harry J $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2015 04/27/15 Sold $1,710,000 -9.9% $526 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
09/30/2014 09/30/14 For Sale $1,898,000 -- $584 / 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
2024 $22,847 $2,014,859 $1,413,939 $600,920
2023 $22,369 $1,975,353 $1,386,215 $589,138
2022 $21,631 $1,936,622 $1,359,035 $577,587
2021 $21,239 $1,898,650 $1,332,388 $566,262
2019 $20,722 $1,842,336 $1,292,869 $549,467
2018 $20,115 $1,806,213 $1,267,519 $538,694
2016 $19,703 $1,736,077 $1,218,300 $517,777
2015 $15,058 $1,316,828 $921,780 $395,048
2014 $14,856 $1,291,034 $903,724 $387,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14209613

California Regional Multiple Listing Service (CRMLS)

APN: 5776-030-001