NOT LISTED FOR SALE

Estimated Value: $6,204,000 - $8,156,000

6 Beds
8 Baths
6,894 Sq Ft
$1,003/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $4,900,000 $711 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $41,220/month

Highlights

  • Guest House
  • In Ground Pool
  • Wood Flooring
  • Blair High School Rated A-
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of November 2020

This stunning and dramatic villa was designed by architect Edward C. Kent to mirror the Beaux Arts style of the Villa del Cigliano Winery in Tuscany. As soon as you enter into the two-story salon with dramatic glass ceiling and open balcony, you realize this is an extraordinary home. The breadth of the rooms, craftsmanship, and architectural elements reflected in the the iron work, stonework authentic to the Italian revival period, and intricate tile details throughout, confirm this to be true. The elegant kitchen, designed to the professional specifications for the current owner, a Cordon Bleu-trained chef, is the heart of the home. The second level has three bedrooms in addition to the master suite with his/her dressing rooms and enclosed sleeping porch. Staff quarters are on the first level next to the elevator. A 3/4 bath, changing room, and 1300-bottle wine cellar is accessed from the pool area. A separate guest house is tucked under mature trees across the upper lawn. Ideally situated and artfully composed, Villa Cigliano is configured to host intimate dinners or entertain on a grand scale with equal grace. A truly special property!

Last Agent to Sell the Property

Tracy Alderson

COMPASS License #00940205 Listed on: 09/03/2019

Co-Listed By

Susanne Hayek

Hatlen Properties License #01947917

Last Buyer's Agent

Max Yang

LT MANAGEMENT GROUP License #02044638

LT MANAGEMENT GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,753

Year Built

  • Built in 1930

Lot Details

  • 0.59 Acre Lot
  • South Facing Home
  • Property is zoned PSR2

Parking

  • 4 Car Garage

Home Design

  • Split Level Home

Interior Spaces

  • 6,894 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom

Pool

  • In Ground Pool
  • Spa

Additional Homes

  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5325020003

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,753

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Inclusions: Large mirror in Salon.
  • Property Attached: No
  • View: No
  • Zoning: PSR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5325020003
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6894.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 6
  • Eating Area: In Kitchen
  • Fireplace Features: Family Room, Master Bedroom, Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 824.63
  • Room Type: Kitchen

Exterior Features

  • Direction Faces: South
  • Other Structures: Guest House
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Appliances: Disposal

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25617.00
  • Lot Size Acres: 0.5881

Multi Family

  • Lease Considered: No
  • Lot Size Area: 25617.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2023
Sold by
Yang Shao Xing Max
Bought by
Wang Shiwei
Current Estimated Value
$6,911,603

Purchase Details

Listed on
Sep 3, 2019
Closed on
Oct 23, 2020
Sold by
Alirez Ghassan A
Bought by
Bamex Investments Inc
Seller's Agent
Tracy Alderson
COMPASS
Buyer's Agent
Max Yang
LT MANAGEMENT GROUP
List Price
$5,985,000
Sold Price
$4,900,000
Premium/Discount to List
-$1,085,000
-18.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$2,000,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2019
Closed on
Sep 30, 2020
Sold by
Bamex Investments Inc
Bought by
Yang Shao Xing Max and Wang Shiwei
Seller's Agent
Tracy Alderson
COMPASS
Buyer's Agent
Max Yang
LT MANAGEMENT GROUP
List Price
$5,985,000
Sold Price
$4,900,000
Premium/Discount to List
-$1,085,000
-18.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 1997
Sold by
Bamex Investments Inc
Bought by
Bamex Investments Inc

Purchase Details

Closed on
May 22, 1996
Sold by
Alireza Patricia L
Bought by
Alireza Ghassan A
Source: Public Records

Range of Values:

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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
Wang Shiwei -- None Listed On Document
Bamex Investments Inc -- Equity Title Company
Yang Shao Xing Max $4,900,000 Equity Title Company
Bamex Investments Inc -- --
Alireza Ghassan A -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yang Shao Xing Max $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2020 11/03/20 Sold $4,900,000 0.0% $711 / Sq Ft
03/20/2020 03/20/20 Off Market $4,900,000 -- --
02/25/2020 02/25/20 Price Changed $5,398,000 -5.0% $783 / Sq Ft
01/06/2020 01/06/20 Price Changed $5,685,000 -5.0% $825 / Sq Ft
09/03/2019 09/03/19 For Sale $5,985,000 -- $868 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $52,753 $4,827,644 $3,355,538 $1,472,106
2024 $52,753 $4,732,986 $3,289,744 $1,443,242
2023 $52,319 $4,640,184 $3,225,240 $1,414,944
2022 $50,478 $4,549,200 $3,162,000 $1,387,200
2021 $23,852 $2,157,621 $1,080,088 $1,077,533
2019 $22,949 $2,093,627 $1,048,053 $1,045,574
2018 $23,407 $2,052,576 $1,027,503 $1,025,073
2016 $22,674 $1,972,873 $987,604 $985,269
2015 $22,430 $1,943,240 $972,770 $970,470
2014 $21,939 $1,905,175 $953,715 $951,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819004062

Pasadena-Foothills Association of REALTORS®

APN: 5325-020-003