Seller's Agent in 2019
Tony Ma
Compass
(626) 759-4812
1 in this area
68 Total Sales
12040 Conference St El Monte, CA 91732
Norwood Cherrylee NeighborhoodEstimated Value: $898,000 - $1,199,349
5
Beds
3
Baths
1,998
Sq Ft
$533/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Laundry Room
- Front Yard
- Spanish Architecture
- Central Heating and Cooling System
About This Home
As of October 2019Here’s your chance to purchase a rarely on the market completely remodeled two on a lot in North El Monte. The front home has 3 bedrooms and 2 bathrooms with 1,278 living square feet. The back home has 2 bedrooms and 1 bathroom with 720 living square feet. Perfect for a homeowner looking to live in one and rent out the other or an investor looking for a high rate of return with an estimated cap rate of 4.9%. This long term project has been through extensive remodeling with new exterior stucco, new windows, stainless steel appliances, insulted walls, new drywall, recessed lighting, HVAC systems, new plumbing, upgraded electrical panels and wiring, new kitchens, new bathrooms, new roof, refinished garage, two separate driveways with new asphalt paving and drought friendly landscaping around the homes. All work was permitted and done according to the code and building standards through the City of El Monte. When an opportunity present itself, you should grab it while you can, expect it to sell quickly!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1946
Lot Details
- 13,735 Sq Ft Lot
- No Common Walls
- Sprinkler System
- Front Yard
Parking
- 1 Car Garage
- Carport
- Parking Available
Home Design
- Spanish Architecture
- Bungalow
- Shingle Roof
- Spanish Tile Roof
Interior Spaces
- 1,998 Sq Ft Home
- Open Floorplan
- Living Room with Fireplace
- Laminate Flooring
Kitchen
- Gas Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 93
- Tax Tract Number 13286
- Assessor Parcel Number 8541018008
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $1,000
- Trash Expense $400
- Water Sewer Expense $1,800
- New Taxes Expense $11,279
- Operating Expense $16,179
- Gross Income $55,200
- Net Operating Income $39,021
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
Listed on
Aug 30, 2019
Closed on
Oct 1, 2019
Sold by
Bought by
Seller's Agent
Tony Ma
Compass
Buyer's Agent
Rick Cheng
Coldwell Banker Realty
List Price
$799,900
Sold Price
$812,000
Premium/Discount to List
$12,100
1.51%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,087
Avg. Annual Appreciation
4.15%
Original Mortgage
$509,360
Outstanding Balance
$451,922
Interest Rate
4.25%
Estimated Equity
$612,165
Purchase Details
Closed on
Jun 10, 2019
Sold by
Bought by
Purchase Details
Closed on
Aug 3, 2018
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $812,000 | Landwood Title Company | ||
| -- | None Available | ||
| $535,000 | Landwood Title |
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 | $509,360 |
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 |
|---|---|---|---|---|
| 10/08/2019 10/08/19 | Sold | $812,000 | +1.5% | $406 / Sq Ft |
| 09/03/2019 09/03/19 | Pending | -- | -- | -- |
| 08/30/2019 08/30/19 | For Sale | $799,900 | -- | $400 / 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 | $13,113 | $903,827 | $723,063 | $180,764 |
| 2024 | $12,145 | $886,106 | $708,886 | $177,220 |
| 2023 | $11,901 | $868,733 | $694,987 | $173,746 |
| 2022 | $11,451 | $851,700 | $681,360 | $170,340 |
| 2021 | $11,515 | $820,412 | $656,734 | $163,678 |
| 2020 | $11,482 | $812,000 | $650,000 | $162,000 |
| 2019 | $8,260 | $545,700 | $436,560 | $109,140 |
| 2018 | $1,357 | $63,508 | $22,381 | $41,127 |
| 2017 | $1,333 | $62,264 | $21,943 | $40,321 |
| 2016 | $1,284 | $61,044 | $21,513 | $39,531 |
| 2015 | $1,267 | $60,128 | $21,190 | $38,938 |
| 2014 | $1,246 | $58,951 | $20,775 | $38,176 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Ma
-
Rick Cheng
Buyer's Agent in 2019
Rick Cheng
Coldwell Banker Realty
(626) 315-1771
41 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS19207866
APN: 8541-018-008
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.
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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