NOT LISTED FOR SALE

Estimated Value: $912,000 - $1,047,951

5 Beds
2 Baths
1,827 Sq Ft
$521/Sq Ft Est. Value

Last Sold November 08, 2014

Last sale price $430,000 $235 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $6,059/month

4 Days on Market

About This Home

As of November 2014

This property features two separate houses. It has a three bedroom one bath house in the front, and a two bedroom one bath in the back. The houses are separated by a detached two car garage. This property is located in north El Monte.

Last Agent to Sell the Property

Efrain Lopez

Target Mortgage License #01310433 Listed on: 08/15/2014

Last Buyer's Agent

Efrain Lopez

Target Mortgage License #01310433

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,730

Year Built

  • Built in 1939

Lot Details

  • 0.27 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,827 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 3621
  • Assessor Parcel Number 8541023017

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $800
  • Gross Income $2,500
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,730

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 8541023017
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 235.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11736.00
  • Lot Size Acres: 0.2690

Multi Family

  • Gross Income: 2500.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 800.00
  • Lot Size Area: 11736.0000 Square Feet
  • Net Operating Income: 28800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1200.00
  • Rent Control: No

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 03621
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2014
Closed on
Oct 9, 2014
Sold by
Gallegos Raul and Garcia Ana
Bought by
Llamas Efrain and Llamas Sonia
Seller's Agent
Efrain Lopez
Target Mortgage
Buyer's Agent
Efrain Lopez
Target Mortgage
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Total Days on Market
4
Current Estimated Value
$952,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,488
Avg. Annual Appreciation
7.82%

Purchase Details

Closed on
Jul 14, 2005
Sold by
Garcia Ana G and Gallegos Raul
Bought by
Gallegos Raul and Garcia Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2004
Sold by
Garcia Jose Angel and Garcia Francisca
Bought by
Gallegos Raul and Garcia Ana G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 1994
Sold by
Gallegos Raul C
Bought by
Garcia Ana G

Purchase Details

Closed on
Jun 22, 1993
Sold by
Garcia Jose Angel and Garcia Francisca
Bought by
Garcia Jose Angel and Garcia Francisca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
7.79%
Source: Public Records

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Range of Values:

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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
Llamas Efrain $430,000 First American Title
Gallegos Raul -- United Independent Title
Gallegos Raul -- Orange Coast Title Company
Garcia Ana G -- First Southwestern Title Co
Garcia Jose Angel -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallegos Raul $268,170
Previous Owner Gallegos Raul $286,500
Previous Owner Gallegos Raul $205,000
Previous Owner Gallegos Raul $161,000
Previous Owner Garcia Jose Angel $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2014 11/08/14 Sold $430,000 -4.4% $235 / Sq Ft
08/19/2014 08/19/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $450,000 -- $246 / 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 $8,730 $609,059 $353,482 $255,577
2023 $8,560 $597,117 $346,551 $250,566
2022 $8,246 $585,409 $339,756 $245,653
2021 $8,356 $573,932 $333,095 $240,837
2020 $8,332 $568,048 $329,680 $238,368
2019 $8,524 $463,275 $323,216 $140,059
2018 $6,955 $454,192 $316,879 $137,313
2016 $6,671 $436,557 $304,575 $131,982
2015 $6,596 $430,000 $300,000 $130,000
2014 $2,589 $150,313 $68,996 $81,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14175655

California Regional Multiple Listing Service (CRMLS)

APN: 8541-023-017