12160 Cherrylee Dr El Monte, CA 91732
Norwood Cherrylee NeighborhoodEstimated Value: $998,000 - $1,358,353
4
Beds
3
Baths
2,592
Sq Ft
$473/Sq Ft
Est. Value
Highlights
- 35,299 Sq Ft lot
- Arroyo High School Rated A-
- Central Heating
About This Home
As of March 2018We are pleased to exclusively offer for sale this 2 unit multi-family investment in the city of El Monte. The subject property is comprised of one detached single family residence, one detached cottage style unit which is connected to the two-car garage, as well as a barn with animal arena to the rear of the property. The lot is nearly an acre with a total lot size of 35,299 SqFt. The front main house offers three bedrooms, two bathrooms, and an extra den area. The rear unit consists of one bedroom and one bathroom. Both units are tenant occupied and the rental rates listed are current and actual.
Last Agent to Sell the Property
RE/MAX 2000 REALTY License #01800021 Listed on: 01/08/2018
Last Buyer's Agent
Michael Drylie
Redfin Corporation License #00640948
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,017
Year Built
- Built in 1950
Lot Details
- 0.81 Acre Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Open Parking Spaces
- 1 Car Garage
Home Design
- 2,592 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Additional Features
- Rain Gutters
- Central Heating
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 053
- Tax Tract Number 53
- Assessor Parcel Number 8547007053
Community Details
Overview
- 3 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $304
- Insurance Expense $1,037
- Maintenance Expense $2,400
- Other Expense $400
- Trash Expense $702
- Water Sewer Expense $880
- New Taxes Expense $10,245
- Operating Expense $15,967
- Gross Income $35,340
- Net Operating Income $18,312
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 8, 2018
Closed on
Feb 1, 2018
Sold by
C C Bar Llc
Bought by
Benzoni Albert and Heuges Mary
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Michael Drylie
Redfin Corporation
List Price
$725,000
Sold Price
$749,500
Premium/Discount to List
$24,500
3.38%
Total Days on Market
23
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
$476,588
Avg. Annual Appreciation
7.05%
Original Mortgage
$453,100
Interest Rate
4.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 29, 1996
Sold by
Cleveland Trust Cleveland William And June Tr
Bought by
C C Bar Llc
Similar Homes in El Monte, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Benzoni Albert | $749,500 | Fidelity National Title Comp | |
| C C Bar Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Benzoni Albert | $434,500 | |
| Closed | Benzoni Albert | $453,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2018 03/14/18 | Sold | $749,500 | 0.0% | $289 / Sq Ft |
| 01/31/2018 01/31/18 | Pending | -- | -- | -- |
| 01/26/2018 01/26/18 | Off Market | $749,500 | -- | -- |
| 01/08/2018 01/08/18 | For Sale | $725,000 | -- | $280 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,017 | $844,947 | $752,973 | $91,974 |
| 2023 | $11,784 | $828,380 | $738,209 | $90,171 |
| 2022 | $11,352 | $812,138 | $723,735 | $88,403 |
| 2021 | $11,505 | $796,215 | $709,545 | $86,670 |
| 2020 | $11,463 | $788,052 | $702,270 | $85,782 |
| 2019 | $13,347 | $880,770 | $764,490 | $116,280 |
| 2018 | $10,116 | $669,326 | $567,229 | $102,097 |
| 2016 | $9,704 | $643,337 | $545,203 | $98,134 |
| 2015 | $9,596 | $633,674 | $537,014 | $96,660 |
| 2014 | $9,231 | $621,262 | $526,495 | $94,767 |
Source: Public Records
Agents Affiliated with this Home
-
Kristopher German
Seller's Agent in 2018
Kristopher German
RE/MAX
(909) 645-0443
3 in this area
109 Total Sales
-
M
Buyer's Agent in 2018
Michael Drylie
Redfin Corporation
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV18005292
APN: 8547-007-053
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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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