NOT LISTED FOR SALE

8 S Old Ranch Rd Arcadia, CA 91007

Estimated Value: $3,863,290 - $4,844,000

4 Beds
4.5 Baths
5,003 Sq Ft
$843/Sq Ft Est. Value

Last Sold June 07, 2018

Last sale price $3,000,000 $600 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $25,173/month

41 Days on Market

Highlights

  • Home Theater
  • Heated In Ground Pool
  • View of Trees or Woods
  • Hugo Reid Elementary School Rated A+
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of June 2018

This brand new home sits in a quiet cul-de-sac adjacent to the LA County Arboretum and Botanical Gardens. Located in the Lower Rancho
neighborhood and award-winning Arcadia Unified School District, this two-story masterpiece features 4 bedrooms and 4.5 bathrooms:
master suite and one additional suite upstairs and two bedrooms suites and powder room downstairs. The master suite features massive
his-and-her walk-in closets and the master bathroom with his-and-her vanities, jacuzzi tub, and separate shower. A grand double-door entry
flows seamlessly into a foyer with a high ceiling and stunnng chandelier. Elegant living room with fireplace, formal dining room, and a
gourmet kitchen equipped with a large center island, custom lit cabinetry, pantry, a separate wok kitchen, walk-in wine cooler, and built-in
refrigerator. Spacious family room overlooking the backyard with a swimming pool. Library/home office with wood coffered ceiling. Luxurious
home theatre. Zoned heating and A/C, two-car garage with ample driveway parking, and built-in audio and security system. Minutes
away from Westfield Santa Anita shopping mall, grocery stores, restaurants, and banks.

Last Agent to Sell the Property

Chung Ping Wang

Century 21 Ludecke Inc. License #01146991 Listed on: 03/19/2018

Century 21 Ludecke Inc.

Last Buyer's Agent

OUT OF AREA ARCADIA

OUT OF AREA OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 0.32 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Car Garage

Property Views

  • Woods
  • Mountain
  • Neighborhood

Interior Spaces

  • 5,003 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Home Theater
  • Library
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • Heated In Ground Pool
  • Permits for Pool

Utilities

  • Forced Air Zoned Cooling and Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 14460
  • Assessor Parcel Number 5776034002

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5776034002
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5003.00 Square Feet
  • Interior Amenities: Crown Molding, High Ceilings, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 599.64
  • Room Type: Entry, Family Room, Home Theatre, Kitchen, Laundry, Library, Living Room, Master Suite, Walk-In Closet, Walk-In Pantry

Exterior Features

  • View: Mountain(s), Neighborhood, Trees/Woods
  • Pool Features: Private, In Ground, Heated, Permits
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14097.00

Multi Family

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

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 14460

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2018
Closed on
Apr 30, 2018
Sold by
8 Old Ranch Llc
Bought by
Zheng Weidong and Wang Yuan
Seller's Agent
Chung Ping Wang
Century 21 Ludecke Inc.
Buyer's Agent
OUT OF AREA ARCADIA
OUT OF AREA OFFICE
List Price
$3,880,000
Sold Price
$3,000,000
Premium/Discount to List
-$880,000
-22.68%
Current Estimated Value
$4,219,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,219,073
Avg. Annual Appreciation
4.58%

Purchase Details

Closed on
Oct 17, 2014
Sold by
Soegiarto Toto and Soegiarto Enny
Bought by
8 Old Ranch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 1996
Sold by
Cheah Stephen C and Cheah Aye Aye K
Bought by
Seogiarto Toto and Soegiarto Enny

Purchase Details

Closed on
Apr 4, 1994
Sold by
Choung Robert I and Choung June A
Bought by
Cheah Stephen C and Cheah Aye Aye K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.52%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zheng Weidong $3,000,000 Stewart Title Of California
8 Old Ranch Llc $1,410,000 First American Title Company
Seogiarto Toto $320,000 Commonwealth Land Title Co
Cheah Stephen C $336,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 8 Old Ranch Llc $700,000
Previous Owner Cheah Stephen C $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2018 06/07/18 Sold $3,000,000 -22.7% $600 / Sq Ft
03/19/2018 03/19/18 For Sale $3,880,000 -- $776 / 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 $37,327 $3,413,484 $2,048,091 $1,365,393
2024 $37,327 $3,346,554 $2,007,933 $1,338,621
2023 $36,539 $3,280,936 $1,968,562 $1,312,374
2022 $35,321 $3,216,605 $1,929,963 $1,286,642
2021 $34,679 $3,153,535 $1,892,121 $1,261,414
2019 $33,824 $3,060,000 $1,836,000 $1,224,000
2018 $25,491 $2,335,234 $1,191,468 $1,143,766
2016 $16,239 $1,431,502 $1,145,202 $286,300
2015 $15,955 $1,410,000 $1,128,000 $282,000
2014 $5,304 $433,646 $346,923 $86,723
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18063117

California Regional Multiple Listing Service (CRMLS)

APN: 5776-034-002