NOT LISTED FOR SALE

Estimated Value: $931,000 - $1,162,000

4 Beds
4 Baths
2,040 Sq Ft
$491/Sq Ft Est. Value

Last Sold January 04, 2018

Last sale price $692,000 $339 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,449/month

21 Days on Market

Highlights

  • Lawn
  • Cul-De-Sac
  • Laundry Room
  • Arroyo High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Central Heating

About This Home

As of January 2018

North El Monte Duplex offers excellent opportunity! Located on a quiet cul-de-sac street this property has been lovingly maintained for the last 40 years. The front yard is beautifully groomed with a lush green lawn, flowers and rose bushes. Each unit of the duplex features two bedrooms and 1 1/2 baths with a private rear patio area. The property owner has lived at 11041 for 40 years, and 11043 is occupied by a great long-standing tenant. An excellent opportunity to own income property...live in one unit and rent the other. This property is sure to please!

Last Agent to Sell the Property

Wendy Gruber

Seven Gables Real Estate License #01798822 Listed on: 11/14/2017

Seven Gables Real Estate

Last Buyer's Agent

Phuong Tran

License #01244209

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,625

Year Built

  • Built in 1966

Lot Details

  • 5,402 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Front Yard Sprinklers
  • Lawn
  • Back and Front Yard

Parking

  • 3 Car Garage

Home Design

  • 2,040 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 4
  • Tax Tract Number 25034
  • Assessor Parcel Number 8570003032

Community Details

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,000
  • Trash Expense $720
  • Water Sewer Expense $840
  • Operating Expense $3,760
  • Gross Income $16,800
  • Net Operating Income $13,040

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,625

Year Built

Built in 1966

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 840.00
  • Zoning: EMR3YY
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8570003032
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 339.22
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, In Garage
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Lawn, Sprinklers In Front
  • Lot Size Sq Ft: 5402.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 16800.00
  • Gross Scheduled Income: 16800.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 13040.00
  • 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
  • Operating Expense: 3760.00
  • Rent Control: No
  • Total Actual Rent: 1400.00
  • Total Expenses: 3760.00

Tax Info

  • Tax Census Tract: 4324.02
  • Tax Lot: 4
  • Tax Tract Number: 25034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2017
Closed on
Dec 6, 2017
Sold by
Belen Marta N and Marta N Belen Living Trust
Bought by
Phung Norman Hien Dat and Phung Ying Chia
Seller's Agent
Wendy Gruber
Seven Gables Real Estate
Buyer's Agent
Phuong Tran
List Price
$658,000
Sold Price
$692,000
Premium/Discount to List
$34,000
5.17%
Current Estimated Value
$1,016,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,208
Avg. Annual Appreciation
4.98%
Original Mortgage
$415,000
Outstanding Balance
$350,848
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$650,742
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
Phung Norman Hien Dat $692,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phung Norman Hien Dat $415,000
Previous Owner Belen Marta N $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2018 01/04/18 Sold $692,000 +5.2% $339 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
11/14/2017 11/14/17 For Sale $658,000 -- $323 / 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 $10,625 $787,374 $341,347 $446,027
2024 $10,625 $771,936 $334,654 $437,282
2023 $10,503 $756,801 $328,093 $428,708
2022 $10,108 $741,962 $321,660 $420,302
2021 $10,251 $727,414 $315,353 $412,061
2019 $10,465 $705,840 $306,000 $399,840
2018 $2,357 $129,903 $36,927 $92,976
2016 $2,148 $124,860 $35,494 $89,366
2015 $2,121 $122,985 $34,961 $88,024
2014 $2,058 $120,577 $34,277 $86,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17257338

California Regional Multiple Listing Service (CRMLS)

APN: 8570-003-032