NOT LISTED FOR SALE

Estimated Value: $1,203,000 - $1,601,000

6 Beds
3 Baths
3,129 Sq Ft
$457/Sq Ft Est. Value

Last Sold March 11, 2020

Last sale price $1,005,000 $321 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,870/month

43 Days on Market

Highlights

  • 0.68 Acre Lot
  • Laundry Room
  • Wall Furnace
  • El Monte High School Rated A-
  • Level Lot
  • Back Yard

About This Home

As of March 2020

Great investment opportunity! This two on a lot property is located in a desirable neighborhood in the city of El Monte with a 29,605 SQ FT lot. . Front house features Three bedrooms, two bathrooms, bonus room. Good size bedrooms and a detached two car garage,. Front house was built in 1946. Back house features three bedrooms and one bathroom and it was built in 1971. Zoning may allow to built up tp three units, buyer to verify with the appropriate governmental agencies. . Don't mist this great investment!!

Last Agent to Sell the Property

Oscar Mendez

Coldwell Banker Top Team License #01139586 Listed on: 11/25/2019

Coldwell Banker Top Team

Co-Listed By

Diego Mendez

Coldwell Banker Top Team License #00904249

Last Buyer's Agent

James Tran

CQT Paradigm Goup Inc. License #00935475

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,971

Year Built

  • Built in 1946

Lot Details

  • 0.68 Acre Lot
  • No Common Walls
  • Level Lot
  • Back Yard
  • Land Lease

Parking

  • 2 Car Garage

Home Design

  • 3,129 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 1 / B
  • Tax Tract Number 10810
  • Assessor Parcel Number 8581007001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,971

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: EMR3*
  • Property Type: Residential Income
  • Parcel Number: 8581007001
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 321.19

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Back Yard, Level with Street, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 29605.00
  • Lot Size Acres: 0.6796

Multi Family

  • Lot Size Area: 29605.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: B
  • Tax Census Tract: 4331.01
  • Tax Lot: 1
  • Tax Tract Number: 10810

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
Feb 6, 2020
Sold by
Patino Fernando and Patino Ana Maria
Bought by
Lynk Investments Llc
Seller's Agent
Oscar Mendez
Coldwell Banker Top Team
Buyer's Agent
James Tran
CQT Paradigm Goup Inc.
List Price
$995,900
Sold Price
$1,005,000
Premium/Discount to List
$9,100
0.91%
Current Estimated Value
$1,430,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,460
Avg. Annual Appreciation
6.31%

Purchase Details

Closed on
Mar 25, 2004
Sold by
Patino Ana Maria
Bought by
Patino Fernando and Patino Ana Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,700
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2003
Sold by
Patino Fernando
Bought by
Patino Ana Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
5.97%

Purchase Details

Closed on
Jul 30, 1999
Sold by
Robles Miguel I
Bought by
Patino Fernando and Patino Ana Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.51%

Purchase Details

Closed on
Jul 14, 1999
Sold by
Marquez Cruz Aime
Bought by
Robles Miguel I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.51%

Purchase Details

Closed on
Jun 2, 1999
Sold by
Prentice Richard and Prentice Helengene
Bought by
Patino Fernando and Patino Ana Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.51%
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
Lynk Investments Llc $1,005,000 Chicago Title
Patino Fernando -- New Century Title Company
Patino Ana Maria -- Commerce Title
Patino Fernando -- --
Robles Miguel I -- Provident Title
Patino Fernando $195,909 Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patino Fernando $715,700
Previous Owner Patino Fernando $540,000
Previous Owner Patino Fernando $378,000
Previous Owner Patino Fernando $269,700
Previous Owner Patino Ana Maria $217,000
Previous Owner Patino Fernando $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2020 03/11/20 Sold $1,005,000 0.0% $321 / Sq Ft
01/10/2020 01/10/20 Off Market $1,005,000 -- --
01/07/2020 01/07/20 Pending -- -- --
11/25/2019 11/25/19 For Sale $995,900 -- $318 / 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 $14,971 $1,099,109 $722,897 $376,212
2024 $14,971 $1,077,559 $708,723 $368,836
2023 $14,676 $1,056,431 $694,827 $361,604
2022 $14,128 $1,035,717 $681,203 $354,514
2021 $14,328 $1,015,410 $667,847 $347,563
2020 $5,595 $361,022 $230,472 $130,550
2019 $6,473 $353,944 $225,953 $127,991
2018 $5,457 $347,005 $221,523 $125,482
2016 $5,654 $333,532 $212,922 $120,610
2015 $5,328 $328,523 $209,724 $118,799
2014 $5,265 $322,088 $205,616 $116,472
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19271237

California Regional Multiple Listing Service (CRMLS)

APN: 8581-007-001