NOT LISTED FOR SALE

948 Hugo Reid Dr Arcadia, CA 91007

Estimated Value: $2,722,000 - $3,110,000

4 Beds
5 Baths
3,009 Sq Ft
$975/Sq Ft Est. Value

Last Sold September 03, 2024

Last sale price $2,958,000 $983 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $17,979/month

12 Days on Market

Highlights

  • Gated Parking
  • Laundry Room
  • Central Heating and Cooling System
  • Hugo Reid Elementary School Rated A

About This Home

As of September 2024

Stunning North-Facing home in the prestigious "Santa Anita Village", also known as the "Peacock Area" of Arcadia. Stunning Newr Construction built by Sunny Construction &Designed by PDS Studio. This Custom 2 Story Masterpiece features 4 Bedrooms, and 4.5 Baths with nearly 3009 square feet of living space on a nearly 10000 square ft Lot. (2 en-suite bedrooms conveniently located on the main level). Through the front door, tall windows and a modern fireplace make the living room feel sleek yet inviting. Highly upgraded throughout with fabulous marble tile and wood flooring welcomes you into the bright open floor plan. The private home office comes with a built-in Library, a Formal Dining Room with a conspicuous chandelier, and a charismatic wet bar that is perfect for hosting dinner parties. Grand open kitchen space including unparalleled Jenn Air Appliances, A Huge Center Island as well a breakfast area. Enjoy gatherings in the generously sized Family Room overlooking the backyard view. The second level offers an amazing Master suite and a Huge walk-in closet w/customized organizer, a Master bathroom that includes a Dual vanity, a Soaking Tub under natural light, walk-in Shower. The second suite features two walk-in closets. Advanced Security system, tankless water heater, Central Vacuum, Surveillance Camera, Automatic gate driveway, fountain in the backyard with 2 car detached garage. Located in the highly sought-after Lower Ranchoneighborhood, you'll enjoy the benefits of a tranquil and family-friendly community while still being in close proximity to all that Arcadia has to offer. From renowned schools and parks to upscale dining and shopping options, this location strikes the perfect balance between suburban bliss and urban convenience. Award Winning Arcadia School. Many trees upgraded by the Owner when bought from Builder.

Last Agent to Sell the Property

Ricky Seow

Coldwell Banker Realty Brokerage Phone: 626-674-3338 License #01313493 Listed on: 06/13/2024

Coldwell Banker Realty

Last Buyer's Agent

Autumn Yuan

Re/Max Premier Prop Arcadia License #01801341

Re/Max Premier Prop Arcadia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,315

Year Built

  • Built in 2014

Lot Details

  • 9,246 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned ARR1D*

Parking

  • 2 Car Garage
  • Two Garage Doors
  • Gated Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,009 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 5 Full Bathrooms

Schools

  • Hugo Reid Elementary School
  • Foothill Middle School

Utilities

  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Lower Rancho Association

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 13313
  • Assessor Parcel Number 5777016014
  • $935 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,315

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: ARR1D*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5777016014
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3009.00 Square Feet
  • Stories: 2
  • Entry Location: front door
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 983.05
  • Room Type: Entry

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking Features: Garage - Two Door, Gated
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Association Name: lower rancho
  • Phone: 0000000000
  • Senior Community: No
  • Community Features: Curbs
  • Association Management: lower rancho

Schools

  • School District: Arcadia Unified
  • Elementary School: Hugo Reid
  • Middle School: Foothill
  • Elementary School: Hugo Reid
  • Middle Or Junior School: Foothill
  • Elementary School #2: HUGREI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9246.00
  • Lot Size Acres: 0.2123

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9246.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4307.01
  • Tax Lot: 44
  • Tax Tract Number: 13313
  • TaxOtherAnnualAssessmentAmount: 935.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Jul 8, 2024
Sold by
Zhang Ning and Zhang Yu
Bought by
Zhao Peng and Han Jing
Seller's Agent
Ricky Seow
Coldwell Banker Realty
Buyer's Agent
Autumn Yuan
Re/Max Premier Prop Arcadia
List Price
$2,990,000
Sold Price
$2,958,000
Premium/Discount to List
-$32,000
-1.07%
Views
23
Current Estimated Value
$2,934,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,651
Avg. Annual Appreciation
-0.75%

Purchase Details

Closed on
May 7, 2016
Sold by
Zhang Ning
Bought by
Trina Investment Llc

Purchase Details

Closed on
Jan 22, 2016
Sold by
Zhang Yu
Bought by
Zhang Ning

Purchase Details

Listed on
Sep 5, 2014
Closed on
Oct 20, 2014
Sold by
Hugo Reid Llc
Bought by
Hang Ning and Zhang Yu
Seller's Agent
Yvonne Chien
RE/MAX Premier Properties
Buyer's Agent
Ricky Seow
Coldwell Banker Realty
List Price
$2,278,000
Sold Price
$2,239,000
Premium/Discount to List
-$39,000
-1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.52%
Original Mortgage
$1,455,350
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 28, 2014
Sold by
Li Yonglin
Bought by
Zhang Yu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,455,350
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 18, 2013
Sold by
Hu Shu Fen
Bought by
Hugo Reid Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2004
Sold by
Hu Shou Gong
Bought by
Hu Shou Gong and Shou Gong Hu Separate Property Trust
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
Zhao Peng $2,958,000 Wfg National Title
Trina Investment Llc -- None Available
Zhang Ning $1,050,000 Accommodation
Hang Ning $2,239,000 Fidelity National Title Co
Zhang Yu -- Fidelity National Title Co
Hugo Reid Llc $825,000 Fidelity National Title Co
Hu Shou Gong -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hang Ning $1,455,350
Previous Owner Hugo Reid Llc $412,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2024 09/03/24 Sold $2,958,000 -1.1% $983 / Sq Ft
06/13/2024 06/13/24 For Sale $2,990,000 +33.5% $994 / Sq Ft
11/13/2014 11/13/14 Sold $2,239,000 -1.7% $746 / Sq Ft View Prior Sale
09/08/2014 09/08/14 Pending -- -- --
09/05/2014 09/05/14 For Sale $2,278,000 -- $759 / 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 $28,315 $2,958,000 $1,630,000 $1,328,000
2024 $28,315 $2,537,696 $1,581,546 $956,150
2023 $27,791 $2,487,938 $1,550,536 $937,402
2022 $26,864 $2,439,156 $1,520,134 $919,022
2021 $26,380 $2,391,330 $1,490,328 $901,002
2019 $25,732 $2,320,404 $1,446,125 $874,279
2018 $25,088 $2,274,907 $1,417,770 $857,137
2016 $25,552 $2,273,144 $1,360,435 $912,709
2015 $25,104 $2,239,000 $1,340,000 $899,000
2014 $9,553 $828,745 $828,745 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24121540

California Regional Multiple Listing Service (CRMLS)

APN: 5777-016-014