NOT LISTED FOR SALE

8 Linda Rae Way Arcadia, CA 91006

Estimated Value: $2,660,000 - $3,543,000

5 Beds
4 Baths
4,586 Sq Ft
$659/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $1,800,000 $392 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $17,826/month

Highlights

  • Cathedral Ceiling
  • Furnished
  • Breakfast Area or Nook
  • Camino Grove Elementary School Rated A
  • No HOA
  • Beamed Ceilings

About This Home

As of August 2016

Custom estate built by Mul Sol Construction.The quality of this manor is unparalleled with 4,586 SqFt. of living space including 5-bedrooms and 3.5 bathrooms on a 11,662 sq.ft. lot. The main level encompasses an elegant 2 story foyer, gorgeous living room with fireplace and lead glass windows overlooking the front yard. A formal dining room,and a stately office also enjoy views of the front yard. The gourmet kitchen with spacious walk-in pantry, custom cabinets and a breakfast nook open to the generous family room with a fireplace, beamed ceiling and wet bar all with views to the gorgeous backyard. 2 light filled bedrooms and a separate laundry room completed the 1st floor. Traverse to the upper level via the circular staircase and enjoy a spacious master retreat with sitting area,a massive walk-in closet and a huge bath with dual sinks. There are also 2 additional bedrooms with a Jack And Jill bathroom.The inviting backyard offers an exotic Japanese garden, Koi pond, tranquil waterfall, covered patio creating the ultimate serene setting. It also features newer carpets, surround sound and new paint.This magnificent is close to schools, library, shopping, golf course, race track, and the LA County Arboretum.

Last Agent to Rent the Property

Jason Bin

Ideal Property Management Inc. License #01875547 Listed on: 07/22/2016

Last Renter's Agent

Lida Dong

HARVEST REALTY DEVELOPMENT License #01982485

HARVEST REALTY DEVELOPMENT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,853

Year Built

  • Built in 1989

Lot Details

  • 0.27

Parking

  • 3 Car Garage

Interior Spaces

  • 4,586 Sq Ft Home
  • Wet Bar
  • Furnished
  • Built-In Features
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laundry Room
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Kitchen Island
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Exterior Lighting
  • 0.27 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $14,000
  • 12-Month Minimum Lease Term
  • Tax Lot 5
  • Tax Tract Number 45809
  • Assessor Parcel Number 5781003054

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,853

Year Built

Built in 1989

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Credit Check Paid By: Tenant
  • Deposit Security: 14000
  • Furnished: Furnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5781003054
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4586.00
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceramic Counters, Ceiling Fan(s), Crown Molding, Intercom, Pantry, Recessed Lighting, Storage, Wet Bar
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 1.29
  • Room Type: Entry, Family Room, Living Room, Master Bedroom
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 11662.00
  • Price Per Lot Square Foot: 0.51

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 45809

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2016
Closed on
Jun 8, 2016
Sold by
Vannguyen Tieng and Nguyen Kimchi Le
Bought by
Cong Weiping and Si Mumu
Seller's Agent
Pauline Cheng
Re/Max Premier Prop Arcadia
Buyer's Agent
Cathy Cheng
CC Royal Realty
List Price
$2,180,000
Sold Price
$1,800,000
Premium/Discount to List
-$380,000
-17.43%
Current Estimated Value
$3,019,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,219,900
Avg. Annual Appreciation
5.73%

Purchase Details

Closed on
Aug 27, 2001
Sold by
Teng Hsi Yuan and Teng Tsu Jui
Bought by
Vannguyen Tieng Van and Nguyen Kimchi Le

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.05%

Purchase Details

Closed on
Apr 9, 2001
Sold by
Teng Tsu Jui and Teng Lin Li Hua
Bought by
Teng Hsi Yuan and Teng Tsu Jui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cong Weiping $1,800,000 Wfg Title Company Of Ca
Vannguyen Tieng Van $850,000 American Title Co
Teng Hsi Yuan -- South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vannguyen Tieng Van $275,000
Previous Owner Teng Hsi Yuan $585,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2016 08/08/16 Rented $5,900 -1.7% --
08/05/2016 08/05/16 Off Market $5,999 -- --
08/04/2016 08/04/16 Price Changed $5,999 -7.7% $1 / Sq Ft
07/28/2016 07/28/16 Price Changed $6,500 -5.8% $1 / Sq Ft
07/22/2016 07/22/16 For Rent $6,900 0.0% --
07/15/2016 07/15/16 Sold $1,800,000 -9.9% $392 / Sq Ft View Prior Sale
06/01/2016 06/01/16 Pending -- -- --
03/19/2016 03/19/16 Price Changed $1,998,000 -8.3% $436 / Sq Ft
03/19/2016 03/19/16 For Sale $2,180,000 0.0% $475 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $2,180,000 -- $475 / 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 $23,853 $2,147,838 $810,551 $1,337,287
2024 $23,853 $2,105,724 $794,658 $1,311,066
2023 $23,355 $2,064,436 $779,077 $1,285,359
2022 $22,581 $2,023,957 $763,801 $1,260,156
2021 $22,160 $1,984,273 $748,825 $1,235,448
2019 $254 $1,872,719 $726,615 $1,146,104
2018 $20,490 $1,836,000 $712,368 $1,123,632
2016 $12,253 $1,060,736 $411,812 $648,924
2015 $12,041 $1,044,804 $405,627 $639,177
2014 $11,874 $1,024,339 $397,682 $626,657
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2016

    Jason Bin

    Ideal Property Management Inc.

    (909) 843-6387

    1 Total Sale

    Jason Bin
    Section Image
  • Pauline Cheng

    Seller's Agent in 2016

    Pauline Cheng

    RE/MAX

    (626) 278-4587

    56 in this area

    102 Total Sales

    Pauline Cheng
    Section Image
  • Lida Dong

    Tenant's Agent in 2016

    Lida Dong

    HARVEST REALTY DEVELOPMENT

    (626) 203-2877

    37 Total Sales

    Lida Dong
    Section Image

  • L

    Tenant's Agent in 2016

    LIDAN DONG

    HARVEST REALTY DEVELOPMENT

  • Cathy Cheng

    Buyer's Agent in 2016

    Cathy Cheng

    CC Royal Realty

    (626) 222-3050

    1 in this area

    210 Total Sales

    Cathy Cheng
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR16160919

California Regional Multiple Listing Service (CRMLS)

APN: 5781-003-054

California Los Angeles County Arcadia 91006

8 Linda Rae Way, Arcadia, CA

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