NOT LISTED FOR SALE

Estimated Value: $840,098 - $1,073,000

2 Beds
1 Bath
1,694 Sq Ft
$571/Sq Ft Est. Value

Last Sold April 03, 2013

Last sale price $515,000 $304 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,059/month

108 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • More Than Two Accessible Exits
  • La Fetra Elementary School Rated A
  • Laundry Room
  • Wall Furnace

About This Home

As of April 2013

Gorgeous remodeled two units in north Glendora. Located on a corner lot across from Citrus College. Each unit with its own garage, indoor laundry room, private fenced back yard. Newly landscaped with new, automatic sprinklers. Each unit is separately metered, including water. New copper piping, flooring and paint in/out. Very difficult to find nicer, more quaint units. Each unit is rented for $1,500.00. This is a rare property that will not last. Owner has not operated property, all expenses are estimated.

Last Listed By

James Martindale

JAMES MARTINDALE, BROKER License #00641824 Listed on: 02/04/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,727

Year Built

  • Built in 1954

Lot Details

  • 6,061 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,694 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

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

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 18824
  • Assessor Parcel Number 8635015001

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $917
  • Trash Expense $656
  • New Taxes Expense $6,000
  • Gross Income $3,000
  • Net Operating Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,727

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: Jim
  • Other Phone Number: 626-428-0553
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 8635015001
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet, Tile, Wood
  • Accessibility Features: 2+ Access Exits
  • Levels: One
  • Price Per Square Foot: 304.01
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 656.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6061.00
  • Lot Size Acres: 0.1390

Multi Family

  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 917.00
  • Lot Size Area: 6061.0000 Square Feet
  • Net Operating Income: 27000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Carpet: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 8000.00
  • Operating Expense Percent: 23.00
  • Rent Control: No
  • Total Actual Rent: 3000.00
  • Vacancy Allowance: 1000
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Lot: 1
  • Tax Tract Number: 18824

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2014
Sold by
Wall Patrick R and Wall Annabelle B
Bought by
Glendora Kkap 1 Llc
Total Days on Market
108
Current Estimated Value
$967,275

Purchase Details

Listed on
Feb 4, 2013
Closed on
Mar 4, 2013
Sold by
Victor Valley Investment Group Llc
Bought by
Wall Patrick R and Wall Annabelle B
Seller's Agent
James Martindale
JAMES MARTINDALE, BROKER
Buyer's Agent
Marion Fairbanks
Coldwell Banker
List Price
$499,000
Sold Price
$515,000
Premium/Discount to List
$16,000
3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$336,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2012
Sold by
Martindale James H
Bought by
Victor Valley Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.27%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Aug 14, 2012
Closed on
Sep 7, 2012
Sold by
Burns Donna L and The Eunia B Baid Revocable Tru
Bought by
Martindale James H
Seller's Agent
Cynthia Villarete
Beach Cities Real Estate
Buyer's Agent
LORIE MASON
CENTURY 21 MASTERS
List Price
$349,000
Sold Price
$342,500
Premium/Discount to List
-$6,500
-1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%

Purchase Details

Listed on
Aug 14, 2012
Closed on
Aug 24, 2012
Sold by
Martindale Lynette Ann
Bought by
Martindale James H
Seller's Agent
Cynthia Villarete
Beach Cities Real Estate
Buyer's Agent
LORIE MASON
CENTURY 21 MASTERS
List Price
$349,000
Sold Price
$342,500
Premium/Discount to List
-$6,500
-1.86%

Purchase Details

Closed on
Mar 7, 2008
Sold by
Baird Eunia B
Bought by
Baird Eunia B and The Eunia B Baird Revocable Tr

Purchase Details

Closed on
Jun 20, 2003
Sold by
Baird Eunia B
Bought by
Baird Eunia B and The Eunia B Baird Revocable Tr

Range of Values:

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Average Value
Not Available
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
Glendora Kkap 1 Llc -- None Available
Wall Patrick R $515,000 Fidelity National Title Oran
Victor Valley Investment Group Llc -- Fidelity National Title Co
Martindale James H $342,500 Fidelity National Title
Martindale James H -- Fidelity National Title
Baird Eunia B -- None Available
Baird Eunia B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wall Patrick R $336,000
Previous Owner Victor Valley Investment Group Llc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2013 04/03/13 Sold $515,000 +3.2% $304 / Sq Ft
03/03/2013 03/03/13 Pending -- -- --
11/15/2012 11/15/12 For Sale $499,000 +45.7% $295 / Sq Ft
09/17/2012 09/17/12 Sold $342,500 -1.9% $202 / Sq Ft
09/14/2012 09/14/12 Pending -- -- --
08/14/2012 08/14/12 For Sale $349,000 -- $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
2024 $7,727 $621,740 $362,180 $259,560
2023 $7,553 $609,550 $355,079 $254,471
2022 $7,409 $597,599 $348,117 $249,482
2021 $7,280 $585,883 $341,292 $244,591
2020 $7,040 $579,877 $337,793 $242,084
2019 $6,878 $568,508 $331,170 $237,338
2018 $6,698 $557,362 $324,677 $232,685
2016 $6,428 $535,720 $312,070 $223,650
2015 $6,287 $527,674 $307,383 $220,291
2014 $6,272 $517,338 $301,362 $215,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV12141075

California Regional Multiple Listing Service (CRMLS)

APN: 8635-015-001