NOT LISTED FOR SALE

1026 Carob Way Montebello, CA 90640

Estimated Value: $942,000 - $1,031,000

5 Beds
3 Baths
2,230 Sq Ft
$438/Sq Ft Est. Value

Last Sold November 13, 2014

Last sale price $542,500 $243 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,039/month

56 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of November 2014

Excellent one-level single house just off of Washington Blvd in a great area of Montebello. Property features a 3 bedrooms, plus a den which can be bedroom, 2 big bathrooms, good size living and dining rooms. House is in great shape and has recently been remodeled with new floor, new kitchen cabinets and two zone a/c system. Large bedrooms to accommodate any size of family. A huge back yard good for any family gathering and events. There is a big storage cottage which can be a workshop. Plenty of parking spaces. Centrally located to 5 frwy, 60 frwy and 605 frwy and minutes from downtown Los Angeles as well as schools and shopping centers in all directions.

Last Agent to Sell the Property

Rudy Rodriguez

GEORGE MICHAEL REALTY License #00709414 Listed on: 07/15/2014

Last Buyer's Agent

Powai Wong

Coldwell Banker License #01892854

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,257

Year Built

  • Built in 1957

Lot Details

  • 9,218 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 6 Parking Spaces

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 2,230 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 4
  • Tax Tract Number 1000
  • Assessor Parcel Number 6343002040

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,600
  • Insurance Expense $1,800
  • Trash Expense $1,080
  • Water Sewer Expense $1,900
  • New Taxes Expense $6,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,257

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1900.00
  • Property Type: Residential Income
  • Parcel Number: 6343002040
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 243.27
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 1080.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9218.00
  • Lot Size Acres: 0.2120

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 775
  • Average3 Bed Area: 1450
  • Electric Expense: 1600.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 9218.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number Wall A C: 4
  • Rent Control: No
  • Total Actual Rent: 2400.00

Tax Info

  • New Taxes Expense: 6800.00
  • Tax Lot: 4
  • Tax Tract Number: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2014
Sold by
Ortiz Rogelio
Bought by
Lam Alfred See Yin and Huang Winnie King Lan
Current Estimated Value
$977,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Lam Alfred See Yin $542,500 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lam Alfred See Yin $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2023 07/24/23 Rented $3,400 0.0% --
07/10/2023 07/10/23 For Rent $3,400 +70.0% --
11/25/2014 11/25/14 Rented $2,000 0.0% --
11/25/2014 11/25/14 For Rent $2,000 0.0% --
11/13/2014 11/13/14 Sold $542,500 -4.0% $243 / Sq Ft
09/09/2014 09/09/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $565,000 -- $253 / 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 $10,257 $651,996 $384,589 $267,407
2024 $10,257 $639,213 $377,049 $262,164
2023 $9,989 $626,680 $369,656 $257,024
2022 $9,655 $614,393 $362,408 $251,985
2021 $9,306 $602,347 $355,302 $247,045
2020 $9,143 $596,171 $351,659 $244,512
2019 $8,882 $584,482 $344,764 $239,718
2018 $8,944 $573,022 $338,004 $235,018
2016 $8,576 $550,773 $324,880 $225,893
2015 $8,129 $542,500 $320,000 $222,500
2014 $2,823 $147,416 $50,348 $97,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB14151984

California Regional Multiple Listing Service (CRMLS)

APN: 6352-023-063