$350,000
SOLD JUL 2, 2015

1026 S Marengo Ave Unit 2 Alhambra, CA 91803

4 Beds
3 Baths
1,844 Sq Ft
$426/mo HOA Fee

Recently Sold

$190 Per Sq Ft

8% Below List Price

7 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • Meeting Room
  • Alhambra High School Rated A
  • Sauna
  • Subterranean Parking

About This Home

As of August 2019

PRICED TO SELL! One of a kind back unit with double patios. The step down entrance to the unit makes it very private. Nice
open floor plan with 4 bedrooms 2.5 baths. features a spacious living room with fireplace, formal dining area with ceiling
fan leading to one of the patios, and additional bonus room from the living room area. Kitchen has a large walk in pantry,
tile counter tops, and plenty of kitchen cabinets with tile flooring. Master bedroom has a large walk in closet and full bath. 3
additional bedrooms, large full bath with shower, tub and laundry hook ups. Additional half bath, close to the living room
area. Laminate flooring throughout, central AC, gated building and with 2 subterranean parking spaces. Sparkling pool with
hot tub and access to club house with sauna, showers and meeting/party room.

Last Agent to Sell the Property

Gilbert Cabrera Jr.

Nueva Real Estate License #01896524 Listed on: 01/06/2015

Last Buyer's Agent

Jingyi Zhou

Highland Real Estate License #01950368

Highland Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,183

Year Built

  • Built in 1984

Lot Details

  • Property fronts an alley
  • 1 Common Wall

HOA Fees

  • $426 Monthly HOA Fees

Interior Spaces

  • 1,844 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 2 Carport Spaces
  • Subterranean Parking
  • Parking Available

Utilities

  • Central Air
  • Conventional Septic
  • Septic Type Unknown

Additional Features

  • Accessible Parking
  • Private Pool

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 39016
  • Assessor Parcel Number 5350029045

Community Details

Overview

  • 68 Units

Amenities

  • Sauna
  • Meeting Room
  • Recreation Room

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction
  • Pet Size Limit

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,183

Year Built

Built in 1984

Lot Details

0

HOA Fees

$426 per month

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Gated Community
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5350029045
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1844.00
  • Interior Amenities: Pantry
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Accessibility Features: Parking
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 189.80
  • Room Type: All Bedrooms Down, Family Room

Exterior Features

  • Pool Features: Association
  • Pool Private: Yes

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Conventional Septic, Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Meeting Room, Pet Rules, Pool, Recreation Room, Sewer, Sauna, Spa/Hot Tub, Trash, Weight Limit
  • Association Fee: 426.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 70416.00
  • Price Per Lot Square Foot: 4.97
  • Lot Size Acres: 1.6170

Multi Family

  • Lease Considered: No
  • Lot Size Area: 70416.0000 Square Feet
  • Number Of Units In Community: 68
  • Number Of Units Total: 68

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 39016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2021
Sold by
Yao Siyuan
Bought by
Yao Siyuan and Li Yiqi
Current Estimated Value
$764,135

Purchase Details

Listed on
May 17, 2019
Closed on
Aug 2, 2019
Sold by
Li Yiqi
Bought by
Yao Siyuan
Seller's Agent
Reina Sandoval
COMPASS
Buyer's Agent
Jingzhe JZ Zhang
Harvest Realty Development
List Price
$548,888
Sold Price
$540,000
Premium/Discount to List
-$8,888
-1.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$324,000
Outstanding Balance
$296,012
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$504,473

Purchase Details

Listed on
May 17, 2019
Closed on
Jun 19, 2019
Sold by
Rossetti Gina C
Bought by
Yao Siyuan
Seller's Agent
Reina Sandoval
COMPASS
Buyer's Agent
Jingzhe JZ Zhang
Harvest Realty Development
List Price
$548,888
Sold Price
$540,000
Premium/Discount to List
-$8,888
-1.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Outstanding Balance
$296,012
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$504,473

Purchase Details

Listed on
Oct 16, 2015
Closed on
Dec 28, 2015
Sold by
Zhang Yan
Bought by
Rossetti Gina C
Seller's Agent
Jingyi Zhou
Highland Real Estate
Buyer's Agent
Dennis E. Kean
Coldwell Banker Realty
List Price
$499,999
Sold Price
$435,000
Premium/Discount to List
-$64,999
-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
6.19%
Original Mortgage
$369,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2015
Closed on
Jun 22, 2015
Sold by
Diaz David T
Bought by
Zhang Yan
Seller's Agent
Gilbert Cabrera Jr.
Nueva Real Estate
Buyer's Agent
Jingyi Zhou
Highland Real Estate
List Price
$379,999
Sold Price
$350,000
Premium/Discount to List
-$29,999
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.47%
Original Mortgage
$200,000
Interest Rate
3.81%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Wfg National Title Co Of Ca
Grant Deed $540,000 Wfg National Title Co Of Ca
Grant Deed $435,000 Title 365
Grant Deed $350,000 Pacific Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,000 Adjustable Rate Mortgage/ARM
Previous Owner $30,000 Stand Alone Second
Previous Owner $369,750 New Conventional
Previous Owner $200,000 Future Advance Clause Open End Mortgage
Previous Owner $131,150 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2019 08/07/19 Sold $540,000 0.0% $293 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
06/13/2019 06/13/19 Price Changed $540,000 -1.6% $293 / Sq Ft
05/16/2019 05/16/19 For Sale $548,888 +26.2% $298 / Sq Ft
12/31/2015 12/31/15 Sold $435,000 -3.1% $236 / Sq Ft
12/03/2015 12/03/15 Pending -- -- --
11/06/2015 11/06/15 Price Changed $449,000 -10.2% $243 / Sq Ft
10/16/2015 10/16/15 For Sale $499,999 +42.9% $271 / Sq Ft
07/02/2015 07/02/15 Sold $350,000 -7.9% $190 / Sq Ft
01/13/2015 01/13/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $379,999 -- $206 / 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 $7,183 $590,564 $337,278 $253,286
2024 $7,183 $578,985 $330,665 $248,320
2023 $7,100 $567,633 $324,182 $243,451
2022 $6,754 $556,504 $317,826 $238,678
2021 $6,679 $545,594 $311,595 $233,999
2020 $6,643 $540,000 $308,400 $231,600
2019 $5,671 $461,623 $238,664 $222,959
2018 $5,712 $452,573 $233,985 $218,588
2016 $5,244 $435,000 $224,900 $210,100
2015 $3,461 $283,178 $63,056 $220,122
2014 $3,419 $277,632 $61,821 $215,811
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15002646

California Regional Multiple Listing Service (CRMLS)

APN: 5350-029-045