NOT LISTED FOR SALE

7 Bishop Ct Arcadia, CA 91006

Estimated Value: $2,617,956 - $3,051,000

5 Beds
5 Baths
4,917 Sq Ft
$589/Sq Ft Est. Value

Last Sold April 26, 2018

Last sale price $1,999,000 $407 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $17,219/month

31 Days on Market

Highlights

  • Primary Bedroom Suite
  • Custom Home
  • Updated Kitchen
  • Longley Way Elementary School Rated A+
  • City Lights View
  • Wood Flooring

About This Home

As of April 2018

This beautiful 4917 sq. ft. 2-story custom built Arcadia home can be described as nothing less than majestic. Its appointments are almost too numerous to list. Elegant chandeliers, high ceilings, recessed ambient lighting, along with crown molding accent the entryway that leads to an impressive spacious floor plan boasting of a formal living room with fireplace, formal dining room, very large comfortable family room with fireplace, wet bar, and many cabinets that reveal true craftsmanship. An eat-in chef’s kitchen is complimented with a second food preparation area that is a bonus when entertaining guests. An island, pantry, numerous cabinets, granite counter tops provide all the essentials and attributes of modern living. A private full suite is located on the main level along with 2 bathrooms. A large laundry is located on the main floor. A beautiful staircase leads to an attractive bridge to the large master suite containing many appointments, including an awesome view of lower level. There is more. Three additional bedrooms and baths are conveniently located on this level to provide added comfort and privacy. The utility attributes of this home include a 3-car garage, security system with cameras, abundant exterior lighting, professional landscaping, mature trees, automatic irrigation system, koi pond and fountain incorporated therein. It won’t last long! It is located in the prestigious Arcadia School District.

Last Agent to Sell the Property

YuTu Milton

Milton & Milton Preferred Properties License #01731169 Listed on: 02/04/2018

Last Buyer's Agent

Phyllis Lu

Titan One Real Estate License #01526442

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Density is 6-10 Units/Acre
  • Property is zoned ARR1YY

Parking

  • 3 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • City Lights
  • Mountain

Home Design

  • Custom Home
  • Modern Architecture
  • Brick Exterior Construction
  • Common Roof
  • Stucco

Interior Spaces

  • 4,917 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Built-In Features
  • Double Pane Windows
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Library
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Cooktop
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • Upgraded Bathroom
  • 5 Full Bathrooms
  • Dual Sinks
  • Bathtub

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Additional Features

  • Doors are 32 inches wide or more
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 51282
  • Assessor Parcel Number 5788013042

Home Details

Home Type

Single Family

Year Built

Built in 1995 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained
  • View: Yes
  • Zoning: ARR1YY
  • Architectural Style: Custom Built, Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5788013042
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4917.00 Square Feet
  • Interior Amenities: Built-in Features, Vacuum Central, Wet Bar, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 406.55
  • Room Type: Family Room, Formal Entry, Kitchen, Library, Living Room, Master Suite, Multi-Level Bedroom, Two Masters, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Upgraded
  • Room Kitchen Features: Granite Counters, Kitchen Island, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting, Rain Gutters
  • View: City Lights, Mountain(s)
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Common Roof
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Water Purifier
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 11179.00

Multi Family

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

Tax Info

  • Tax Census Tract: 4316.00
  • Tax Lot: 2
  • Tax Tract Number: 51282

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2018
Closed on
Mar 28, 2018
Sold by
Lzh Investment Llc
Bought by
Guan Xiaoheng and Feng Jianhua
Seller's Agent
YuTu Milton
Milton & Milton Preferred Properties
Buyer's Agent
Phyllis Lu
Titan One Real Estate
List Price
$1,999,000
Sold Price
$1,999,000
Current Estimated Value
$2,894,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$895,739
Avg. Annual Appreciation
4.94%
Original Mortgage
$999,500
Outstanding Balance
$863,115
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,031,624

Purchase Details

Closed on
Oct 3, 2013
Sold by
Li Hounong
Bought by
Lzh Investment Llc

Purchase Details

Listed on
May 5, 2012
Closed on
Jul 18, 2012
Sold by
Lee Michael L W and Lee Kim C
Bought by
Li Hounong
Seller's Agent
Eugene Liu
HUNTINGTON REALTY GROUP CO.
Buyer's Agent
IN-HUA CHEN
MEIGUO REALTY GRP
List Price
$1,729,800
Sold Price
$1,630,000
Premium/Discount to List
-$99,800
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%

Purchase Details

Closed on
Dec 3, 2007
Sold by
Lee Michael L W and Lee Kim C
Bought by
Lee Michael L W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2007
Sold by
King Lu Wei and Spirkina Maria
Bought by
Lee Michael L W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2004
Sold by
King Lu Wei
Bought by
King Lu Wei

Purchase Details

Closed on
Aug 30, 2002
Sold by
Spirkina Maria
Bought by
King Lu Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 1996
Sold by
Citrus State Development Corp
Bought by
King Lu Wei and Spirkina Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,500
Interest Rate
8.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Guan Xiaoheng $1,999,000 Western Resources Title
Lzh Investment Llc -- Accommodation
Li Hounong $1,630,000 Investors Title Company
Lee Michael L W -- Accommodation
Lee Michael L W $1,600,000 Itc Gln
King Lu Wei -- Equity Title Company
King Lu Wei -- First Southwestern Title
King Lu Wei $875,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guan Xiaoheng $999,500
Previous Owner Lee Michael L W $1,200,000
Previous Owner King Lu Wei $637,000
Previous Owner King Lu Wei $612,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2018 04/26/18 Sold $1,999,000 0.0% $407 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
02/04/2018 02/04/18 For Sale $1,999,000 0.0% $407 / Sq Ft
09/01/2015 09/01/15 Rented $5,250 -4.5% --
08/02/2015 08/02/15 Under Contract -- -- --
05/07/2015 05/07/15 For Rent $5,500 0.0% --
08/03/2012 08/03/12 Sold $1,630,000 -5.8% $332 / Sq Ft View Prior Sale
05/05/2012 05/05/12 For Sale $1,729,800 -- $352 / 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 $25,179 $2,274,516 $1,260,940 $1,013,576
2024 $25,179 $2,229,918 $1,236,216 $993,702
2023 $24,652 $2,186,195 $1,211,977 $974,218
2022 $23,834 $2,143,329 $1,188,213 $955,116
2021 $23,391 $2,101,304 $1,164,915 $936,389
2019 $22,818 $2,038,980 $1,130,364 $908,616
2018 $26,227 $2,370,211 $1,066,595 $1,303,616
2016 $25,698 $2,278,175 $1,025,179 $1,252,996
2015 $25,248 $2,243,955 $1,009,780 $1,234,175
2014 $24,878 $2,200,000 $990,000 $1,210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18026597

California Regional Multiple Listing Service (CRMLS)

APN: 5788-013-042