NOT LISTED FOR SALE

627 Walnut Ave Arcadia, CA 91007

Estimated Value: $4,345,444 - $4,829,000

5 Beds
6.5 Baths
7,598 Sq Ft
$603/Sq Ft Est. Value

Last Sold September 12, 2018

Last sale price $3,750,000 $494 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $27,807/month

95 Days on Market

Highlights

  • Projection Room
  • Built in 2018 | Newly Remodeled
  • Primary Bedroom Suite
  • Baldwin Stocker Elementary School Rated A+
  • In Ground Pool
  • Open Floorplan

About This Home

As of September 2018

This brand new south-facing luxurious home provides about 7600 sqft of living space.The house contains 5 bedroom suites on 2 floors,with stairs and elevator access.Entering the house from the front is a spacious 2-story foyer spotting an impressive marble floor and a grand crystal chandelier.Off to one side is a formal wood-paneled library with elegant coffered ceiling.Off to the other side are a formal living room,dining room and an incredible gourmet kitchen installed with Wolf and Sub Zero appliances, marble counters,large center island.Off to the back and side of the kitchen are an airy dinning area with a wet bar and a spacious family room which overlooks the gorgeous patio, pool, spa and recreation/guest room.The house has a well-appointed wok-kitchen and pantry adjacent to the main kitchen.Four of the bedroom suites are on the 2nd floor while the fifth is on the main floor.The master has a balcony and a view of the mountains, also has a retreat and a walk-in closet fitted and finished with built-in storage and cabinetry.The master bath is beautiful has a full-wall hand-painted mural behind the tub. All bathrooms are nicely finished with marble and tiles. Some smart Home devices for nowadays modern living.Addition features include a spacious home theater,house elevator, custom ceilings,2 wireless access points, 12 surveillance cameras,swimming pool and spa,a large recreation/guest room (a flat piece of land beside potentially for organic garden etc), garages for 3 cars.

Last Agent to Sell the Property

Beatrice Li-Wong

Li & Associates License #00924087 Listed on: 04/30/2018

Last Buyer's Agent

Josh Flagg

Compass License #01470467

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.47 Acre Lot
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Garden
  • Back and Front Yard
  • Property is zoned ARR1YY

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors

Interior Spaces

  • 7,598 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Bar
  • Crown Molding
  • Coffered Ceiling
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Projection Room
  • Home Theater
  • Library
  • Recreation Room
  • Storage
  • Laundry Room
  • Utility Room
  • Pool Views

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Convection Oven
  • Six Burner Stove
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub
  • Walk-in Shower

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Heated Spa
  • Waterfall Pool Feature

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 8962
  • Assessor Parcel Number 5787001009

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: ARR1YY
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5787001009
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7598.00 Square Feet
  • Interior Amenities: Balcony, Bar, Built-in Features, Coffered Ceiling(s), Crown Molding, Elevator, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage, Tile Counters, Vacuum Central
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 493.55
  • Room Type: Family Room, Formal Entry, Foyer, Home Theatre, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Master Suite, Projection, Recreation, Utility Room, Walk-In Closet, Walk-In Pantry
  • Spa Features: Heated
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Pool
  • Patio And Porch Features: Patio
  • Pool Features: Private, In Ground, Waterfall
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Single Door, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Electric Cooktop, Disposal, Microwave, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn, Level with Street, Lot 20000-39999 Sqft, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 20418.00

Multi Family

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

Tax Info

  • Tax Census Tract: 4316.00
  • Tax Lot: 8
  • Tax Tract Number: 8962

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2018
Closed on
Sep 5, 2018
Sold by
Zl Properties I Llc
Bought by
Lai Shiyao
Seller's Agent
Beatrice Li-Wong
Li & Associates
Buyer's Agent
Josh Flagg
Compass
List Price
$3,980,000
Sold Price
$3,750,000
Premium/Discount to List
-$230,000
-5.78%
Current Estimated Value
$4,580,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$830,111
Avg. Annual Appreciation
2.80%

Purchase Details

Listed on
Apr 30, 2018
Closed on
Aug 27, 2018
Sold by
Wielink Hendrik Robrecht
Bought by
Lai Shiyao
Seller's Agent
Beatrice Li-Wong
Li & Associates
Buyer's Agent
Josh Flagg
Compass
List Price
$3,980,000
Sold Price
$3,750,000
Premium/Discount to List
-$230,000
-5.78%

Purchase Details

Closed on
May 4, 2016
Sold by
Lu Zexuan
Bought by
Zl Properties I Llc

Purchase Details

Closed on
Aug 23, 2011
Sold by
Mo Matthew K and Mo Christina
Bought by
Lu Zexuan

Purchase Details

Closed on
Jun 24, 2003
Sold by
Jovanovic Spasa
Bought by
Mo Matthew K and Mo Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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
Lai Shiyao $3,750,000 Lawyers Title
Lai Shiyao -- Lawyers Title Company
Zl Properties I Llc -- None Available
Lu Zexuan $1,245,000 None Available
Mo Matthew K $770,000 Security Union Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mo Matthew K $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2018 09/12/18 Sold $3,750,000 -5.8% $494 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $3,980,000 -- $524 / 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 $45,722 $4,191,000 $2,928,234 $1,262,766
2024 $45,722 $4,108,824 $2,870,818 $1,238,006
2023 $44,756 $4,028,260 $2,814,528 $1,213,732
2022 $43,257 $3,949,276 $2,759,342 $1,189,934
2021 $42,461 $3,871,840 $2,705,238 $1,166,602
2019 $41,336 $3,750,000 $2,625,000 $1,125,000
2018 $15,508 $1,374,358 $960,396 $413,962
2016 $15,200 $1,320,992 $923,103 $397,889
2015 $14,937 $1,301,151 $909,238 $391,913
2014 $14,734 $1,275,664 $891,428 $384,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18099354

California Regional Multiple Listing Service (CRMLS)

APN: 5787-001-009