NOT LISTED FOR SALE

1231 Larimore Ave La Puente, CA 91744

Estimated Value: $990,000 - $1,090,000

6 Beds
3 Baths
2,455 Sq Ft
$424/Sq Ft Est. Value

Last Sold July 05, 2019

Last sale price $650,000 $265 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,133/month

150 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Contemporary Architecture
  • Converted Garage
  • Laundry Room

About This Home

As of July 2019

Opportunity! Two single family homes on a large, 11,500 ft + lot. A Large 4 bedroom 2 bath property w/ a beautiful stone fireplace in the front house plus a 2 bedroom one bath separate home to the rear. Each property has its own fenced yard, very private. A great improvement and remodel project. Close to all.

Last Agent to Sell the Property

Mike Hicks

MICHAEL HICKS, REALTOR License #00703691 Listed on: 01/07/2019

Last Buyer's Agent

Roger Phung

IRN Realty License #01910261

IRN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,054

Year Built

  • Built in 1955

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 70x165
  • Property fronts a county road
  • No Common Walls
  • Chain Link Fence
  • Stucco Fence
  • Rectangular Lot
  • Level Lot
  • Back Yard

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,455 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Kitchen

  • Electric Range
  • Disposal

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • Converted Garage
  • Parking Available

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Private Water Source

Additional Features

  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 15
  • Tax Tract Number 15180
  • Assessor Parcel Number 8254019007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $700
  • Trash Expense $600
  • Water Sewer Expense $100
  • New Taxes Expense $6,500
  • Operating Expense $7,800
  • Gross Income $24,000
  • Net Operating Income $19,170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,054

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 626 331 3609
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Maintained
  • Security: Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Water Sewer Expenses: 100.00
  • Zoning: LCR16000*
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 8254019007
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 264.77
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Chain Link, Stucco Wall
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Converted Garage

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Disposal
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Private
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lot 10000-19999 Sqft, Rectangular Lot, Level
  • Lot Size: 70X165
  • Lot Size Sq Ft: 11574.00
  • Lot Size Acres: 0.2657

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 24000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 700.00
  • Lot Size Area: 11574.0000 Square Feet
  • Net Operating Income: 19170.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 4830.00
  • Rent Control: No
  • Total Expenses: 7800.00

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Census Tract: 4075.01
  • Tax Lot: 15
  • Tax Tract Number: 15180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2019
Closed on
Jun 5, 2019
Sold by
Lliteras Michael A and The Carmen T Morales Living Tr
Bought by
Vuong Minh Q
Seller's Agent
Mike Hicks
MICHAEL HICKS, REALTOR
Buyer's Agent
Roger Phung
IRN Realty
List Price
$600,000
Sold Price
$650,000
Premium/Discount to List
$50,000
8.33%
Current Estimated Value
$987,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,046
Avg. Annual Appreciation
7.99%
Original Mortgage
$480,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2013
Sold by
Liv Sandoval Theresa Jean and Liv Carment T Morales Lliteras
Bought by
Morales Carmen T and Carmen T Morales Living Trust

Purchase Details

Closed on
May 14, 2009
Sold by
Literas Theresa Jean
Bought by
Literas Theresa Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
2.81%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 4, 2001
Sold by
Carmen T Morales Living Trust
Bought by
Literas Theresa Jean and The Carmen Morales Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 13, 1999
Sold by
Morales Carmen T
Bought by
Carmen T Morales Living Trust
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Vuong Minh Q $650,000 Ticor Title Company
Morales Carmen T -- None Available
Literas Theresa Jean -- Lawyers Title
Literas Theresa Jean -- First American Title Ins Co
Carmen T Morales Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vuong Minh Q $476,000
Closed Vuong Minh Q $480,000
Previous Owner Literas Theresa Jean $675,000
Previous Owner Literas Theresa Jean $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2019 07/05/19 Sold $650,000 +8.3% $265 / Sq Ft
01/07/2019 01/07/19 For Sale $600,000 -7.7% $244 / Sq Ft
01/07/2019 01/07/19 Off Market $650,000 -- --
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 $9,054 $710,866 $492,139 $218,727
2024 $9,054 $696,929 $482,490 $214,439
2023 $8,660 $683,265 $473,030 $210,235
2022 $8,409 $669,868 $463,755 $206,113
2021 $8,258 $656,734 $454,662 $202,072
2019 $522 $600,000 $375,000 $225,000
2018 $1,730 $100,808 $24,268 $76,540
2016 $1,598 $96,896 $23,327 $73,569
2015 $1,571 $95,441 $22,977 $72,464
2014 $1,564 $93,572 $22,527 $71,045
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19005076

California Regional Multiple Listing Service (CRMLS)

APN: 8254-019-007