NOT LISTED FOR SALE

950 Monte Verde Dr Arcadia, CA 91007

Estimated Value: $2,438,000 - $2,700,000

5 Beds
4 Baths
3,436 Sq Ft
$750/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $2,098,000 $611 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $15,467/month

8 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Landscaped
  • Hugo Reid Elementary School Rated A+
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of August 2023

Introducing an exquisite property located at 950 Monte Verde Dr. in the highly sought-after city of Arcadia, California. This stunning property is situated near the Arboretum and boasts five bedrooms and four bathrooms, encompassing a spacious 3,436 square feet of living space, all set on an impressive 11,044 square-foot lot. The property's extraordinary landscaping is a standout feature, with lush greenery, vibrant flowers, and beautiful trees that create a peaceful and serene environment. The property is situated on a tree-lined street, adding to the overall charm and tranquility of the area. Inside, the property is equally impressive, with timeless decor and finishes throughout. The home's layout is perfect for entertaining, with the living room, dining room, kitchen, and cozy den which all seamlessly flow together making it perfect for hosting gatherings with friends and family. Or you can take the entertaining to the bonus/game room which is approximately 20 x 20 giving you plenty of space for games or just hanging out. The property's five bedrooms are spacious and airy, providing comfortable living spaces for the entire family. The four bathrooms are elegantly designed, each with unique finishes and fixtures. Ahead of entering the master suite, you will land in the sitting room with a private balcony overlooking the stunning landscaping. Once in the master suite, you will find a walk-in closet and the en-suite bathroom. The second floor also provides a great deal of convenience with a kitchenette and laundry. The outdoor living spaces are just as impressive, with a covered patio, and expansive lawn, perfect for enjoying the California sunshine with family and friends. In summary, this remarkable property represents a rare opportunity to own a spacious home set in a beautiful and peaceful neighborhood.

Last Agent to Sell the Property

Thomas Gibson

THE WRIGHT ASSOCIATED COMPANIES License #01319085 Listed on: 06/21/2023

Last Buyer's Agent

Chaoyan Wang

PINNACLE REAL ESTATE GROUP License #01956830

PINNACLE REAL ESTATE GROUP

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 0.25 Acre Lot
  • Landscaped
  • Back and Front Yard
  • Property is zoned ARROD*

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,436 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

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

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 12542
  • Assessor Parcel Number 5776012011
  • $605 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: ARROD*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5776012011
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3436.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 610.59
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11044.00
  • Lot Size Acres: 0.2535

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11044.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4307.01
  • Tax Lot: 29
  • Tax Tract Number: 12542
  • TaxOtherAnnualAssessmentAmount: 605.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Jul 6, 2023
Sold by
Beckman Living Trust
Bought by
Lu Ming and Jia Qiaozhen
Seller's Agent
Thomas Gibson
THE WRIGHT ASSOCIATED COMPANIES
Buyer's Agent
Chaoyan Wang
PINNACLE REAL ESTATE GROUP
List Price
$2,098,000
Sold Price
$2,098,000
Views
113
Current Estimated Value
$2,576,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,535
Avg. Annual Appreciation
9.22%
Original Mortgage
$1,000,000
Outstanding Balance
$975,789
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$1,600,746

Purchase Details

Closed on
Jul 1, 1999
Sold by
Beckman Frances A
Bought by
Beckman Frances Ann and Beckman Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lu Ming $2,098,000 Old Republic Title Company
Beckman Frances Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Ming $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $2,098,000 0.0% $611 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $2,098,000 -- $611 / 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 $23,605 $2,139,960 $1,337,424 $802,536
2024 $23,605 $2,098,000 $1,311,200 $786,800
2023 $4,446 $361,734 $67,604 $294,130
2022 $4,302 $354,642 $66,279 $288,363
2021 $4,203 $347,689 $64,980 $282,709
2019 $4,102 $337,378 $63,053 $274,325
2018 $3,941 $330,764 $61,817 $268,947
2016 $3,825 $317,921 $59,417 $258,504
2015 $3,758 $313,147 $58,525 $254,622
2014 $3,714 $307,014 $57,379 $249,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23110262

California Regional Multiple Listing Service (CRMLS)

APN: 5776-012-011