NOT LISTED FOR SALE

11716 Ranchito St El Monte, CA 91732

Norwood Cherrylee Neighborhood

Estimated Value: $1,214,000 - $1,591,468

2 Beds
1 Bath
2,684 Sq Ft
$517/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2014

Last sale price $855,000 $319 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $8,640 / mo

219 Days on Market

About This Home

As of September 2014

VERY WELL-MAINTAINED 3 DETACHED UNITS SITUATED IN NORTH EL MONTE , EACH UNIT HAVE THEIR OWN ONE CAR GARAGE,FRONT YARD AND BACK YARD.PLENTY OF PARKING SPACE . LONG DRIVE WAY. PROPERTY TO BE SOLD IN "AS IS" CONDITION.
*NOTE;BUYER TO COOPERATE WITH SELLER'S 1031 EXCHANGE.DRIVE BY ONLY,PLEASE DO NOT DISTURB OCCUPANTS.

Last Agent to Sell the Property

Helen Fann

KO TAI REALTY License #01466527 Listed on: 07/17/2014

KO TAI REALTY

Last Buyer's Agent

Lei Zhang

Convoy Real Estate License #01888521

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 15,677 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,684 Sq Ft Home
  • Shingle Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Floor Furnace

Listing and Financial Details

  • Tenant pays for electricity, water
  • Tax Lot 30
  • Tax Tract Number 11268
  • Assessor Parcel Number 8547023020

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,100
  • Trash Expense $900
  • New Taxes Expense $10,318
  • Gross Income $3,950
  • Net Operating Income $12,318

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0.36 Acres

Parking

3

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 8547023020
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 318.55

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Floor Furnace
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 15677.00
  • Lot Size Acres: 0.3600

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 3950.00
  • Gross Scheduled Income: 47400.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 15677.0000 Square Feet
  • Net Operating Income: 12318.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 11708.00
  • Rent Control: No
  • Total Actual Rent: 3950.00

Tax Info

  • New Taxes Expense: 10318.00
  • Tax Lot: 30
  • Tax Tract Number: 11268

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2018
Sold by
Bought by
Current Estimated Value
$1,387,867

Purchase Details

Listed on
Jul 17, 2014
Closed on
Sep 22, 2014
Sold by
Bought by
Seller's Agent
Helen Fann
KO TAI REALTY
Buyer's Agent
Lei Zhang
Convoy Real Estate
List Price
$938,000
Sold Price
$855,000
Premium/Discount to List
-$83,000
-8.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$450,000
Outstanding Balance
$343,867
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$1,044,000

Purchase Details

Closed on
Feb 22, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2008
Sold by
Bought by

Purchase Details

Closed on
Dec 19, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$855,000 Chicago Title Company
-- Pacific Coast Title Company
-- Pacific Coast Title Company
-- None Available
$680,000 Ticor Title Company
$680,000 Alliance Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $450,000
Previous Owner $340,000
Previous Owner $400,000
Previous Owner $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/30/2014 09/30/14 Sold $855,000 -8.8% $319 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $938,000 -- $349 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,285 $1,027,573 $781,199 $246,374
2024 $14,220 $1,007,426 $765,882 $241,544
2023 $13,942 $987,673 $750,865 $236,808
2022 $13,426 $968,308 $736,143 $232,165
2021 $13,613 $949,322 $721,709 $227,613
2020 $13,574 $939,589 $714,309 $225,280
2019 $13,892 $921,166 $700,303 $220,863
2018 $13,569 $903,105 $686,572 $216,533
2016 $13,024 $868,038 $659,912 $208,126
2015 $12,877 $855,000 $650,000 $205,000
2014 $9,072 $600,000 $400,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2014

    Helen Fann

    KO TAI REALTY

    (626) 374-8887

    1 in this area

    16 Total Sales

    Helen Fann
    Section Image

  • L

    Buyer's Agent in 2014

    Lei Zhang

    Convoy Real Estate

    (626) 656-2889

    Lei Zhang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14004602

California Regional Multiple Listing Service (CRMLS)

APN: 8547-023-020

California Los Angeles County El Monte 91732 Norwood Cherrylee

11716 Ranchito St, El Monte, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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