NOT LISTED FOR SALE

Estimated Value: $774,000 - $1,009,000

3 Beds
2 Baths
2,052 Sq Ft
$453/Sq Ft Est. Value

Last Sold August 06, 2014

Last sale price $535,000 $261 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,535/month

83 Days on Market

About This Home

As of August 2014

First time investors, or owner occupied, two separate units with 3 bedrooms each and two bathrooms, in a large lot. Live in one and rent the other. Located in a very clean and quiet area of El Monte. Close to everything, Schools, shopping, bus line, etc. Owner very motivated..
This property needs a pre-sale inspection, from the city of El Monte. Buyer will be responsible to place a bond with the city of El Monte and comply with any and all city requirements, after the close of escrow.

Last Agent to Sell the Property

Juan Mena

Maze Realty and Finance, Inc. License #00875080 Listed on: 05/02/2014

Last Buyer's Agent

Paul Cheng

High Ten Partners, Inc. License #00783394

High Ten Partners, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,455 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Parking Spaces

Home Design

  • 2,052 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 565
  • Assessor Parcel Number 8104015021

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,356
  • Trash Expense $480
  • New Taxes Expense $4,412
  • Gross Income $1,900
  • Net Operating Income $22,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

7,455 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 8104015021
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 260.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7455.00
  • Lot Size Acres: 0.1710

Multi Family

  • Gross Income: 1900.00
  • Gross Scheduled Income: 22800.00
  • Insurance Expense: 1356.00
  • Lot Size Area: 7455.0000 Square Feet
  • Net Operating Income: 22300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 774.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4412.00
  • Tax Lot: 9
  • Tax Tract Number: 565
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2014
Closed on
Aug 1, 2014
Sold by
Salazar Jose Miguel
Bought by
Fong Chu Wai Hung and Fong Chu Siu
Seller's Agent
Juan Mena
Maze Realty and Finance, Inc.
Buyer's Agent
Paul Cheng
High Ten Partners, Inc.
List Price
$549,950
Sold Price
$535,000
Premium/Discount to List
-$14,950
-2.72%
Current Estimated Value
$928,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,587
Avg. Annual Appreciation
4.88%
Original Mortgage
$401,250
Outstanding Balance
$306,181
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$622,406

Purchase Details

Closed on
Mar 29, 2010
Sold by
Debeatriz Florina Fernandez and Nava Mario Beatriz
Bought by
Salazar Jose Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,670
Interest Rate
5.01%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 7, 2006
Sold by
Manchame Elias
Bought by
Fernandez Nava Mario Beatriz and Fernandez De Beatriz Florina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2004
Sold by
Rauda Edgar A and Rauda Ana L
Bought by
Manchame Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2003
Sold by
Rauda Edgar A
Bought by
Rauda Edgar A and Rauda Ana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2003
Sold by
Rauda Ana L
Bought by
Rauda Edgar A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 1999
Sold by
Martinez Miguel A and Trigo Bernardo
Bought by
Rauda Edgar A and Rauda Ana L

Purchase Details

Closed on
Apr 16, 1999
Sold by
Chang Julie and Chang Danny M
Bought by
Rauda Edgar A and Rauda Ana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,487
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 1996
Sold by
Chang Julie and Chang Jane K
Bought by
Chang Julie and Chang Danny M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fong Chu Wai Hung $535,000 Nextitle
Salazar Jose Miguel $405,000 Lawyers Title
Fernandez Nava Mario Beatriz $675,000 Ort
Manchame Elias $520,000 Fidelity National Title Co L
Rauda Edgar A -- --
Rauda Edgar A -- Lawyers Title
Rauda Edgar A -- --
Rauda Edgar A $185,000 South Coast Title
Chang Julie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fong Chu Wai Hung $401,250
Previous Owner Salazar Jose Miguel $329,670
Previous Owner Fernandez Nava Mario Beatriz $607,500
Previous Owner Manchame Elias $416,000
Previous Owner Rauda Edgar A $232,000
Previous Owner Rauda Edgar A $183,487
Closed Manchame Elias $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2014 08/06/14 Sold $535,000 -2.7% $261 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $549,950 -- $268 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,193 $665,815 $385,789 $280,026
2024 $9,193 $652,761 $378,225 $274,536
2023 $9,044 $639,962 $370,809 $269,153
2022 $8,696 $627,415 $363,539 $263,876
2021 $8,914 $615,113 $356,411 $258,702
2020 $8,646 $608,807 $352,757 $256,050
2019 $8,637 $596,871 $345,841 $251,030
2018 $8,269 $585,168 $339,060 $246,108
2016 $7,614 $562,447 $325,895 $236,552
2015 $7,292 $535,000 $321,000 $214,000
2014 $5,895 $426,458 $236,921 $189,537
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14091261

California Regional Multiple Listing Service (CRMLS)

APN: 8104-015-021

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