NOT LISTED FOR SALE

Estimated Value: $930,000 - $1,038,465

0.38 Acre
$2,583,200 Price per Acre
16,553 Sq Ft Lot

Last Sold January 13, 2016

Last sale price $535,000 $356 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,983/month

45 Days on Market

Highlights

  • 0.38 Acre Lot
  • No HOA
  • Rectangular Lot
  • Private Yard

About This Lot

As of January 2016

INVESTMENT & DEVELOPMENT OPPORTUNITIES: Excellent opportunity to collect income now and develop in the future. This very desirable rectangular lot measures 75 X 225 (16,875 Sq. Ft. ) is located in an excellent part of the City of El Monte with convenient access to freeways, restaurants, shopping centers, supermarket, schools, and public transportation. On this lot sits a 1,502 Sq. Ft. SFR with 4 bedrooms/ 2 bathrooms, Assessor's record shows 3 bedroom / 1 bathroom. ( 1 bedroom & 1 bathroom was added WITHOUT PERMIT ). There is also a second unit on the same lot with 3 bedrooms/1 bathroom that is NON PERMITTED. Property is sold in its "AS IS" present condition. Buyer will be responsible with making any necessary corrections or repair to comply with City of El Monte Building & Safety inspection report. Buyer and/or buyer's agent to satisfy themselves with their own investigation and due diligence with regards to zoning, restrictions, development opportunities, and the amount of units that can be built.

Last Agent to Sell the Property

Tom Theung

Thomas B Theung, Broker License #01925585 Listed on: 08/03/2015

Last Buyer's Agent

Rosi Ueng

Treelane Realty Group Inc. License #01348042

Property Details

Property Type

  • Land

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 75 x 225
  • Rectangular Lot
  • Private Yard
  • Back and Front Yard
  • Value in Land
  • Property is zoned R3

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 6 / A
  • Tax Tract Number 10933
  • Assessor Parcel Number 8108008028

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: No
  • Zoning: R3
  • Property Type: Land
  • Parcel Number: 8108008028
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 32.28

Utilities

  • Utilities: Sewer Available, Phone Connected, Water Connected
  • Electric: Electricity - On Property

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Value In Land, Lot 10000-19999 Sqft, Yard
  • Lot Size: 75 X 225
  • Lot Size Sq Ft: 16574.00
  • Price Per Lot Square Foot: 32.28
  • Lot Size Acres: 0.3800

Multi Family

  • Lot Size Area: 16574.0000 Square Feet

Tax Info

  • Tax Block: A
  • Tax Lot: 6
  • Tax Tract Number: 10933

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2019
Sold by
Truong Phat Duy
Bought by
Truong Phat Duy and Truong Family Trust
Current Estimated Value
$981,616

Purchase Details

Closed on
Sep 27, 2018
Sold by
Truong Hoa Hue
Bought by
Truong Phat Duy

Purchase Details

Listed on
Aug 3, 2015
Closed on
Jan 11, 2016
Sold by
Lin Weixiong
Bought by
Truong Phat Duy and Truong Hoa Hue
Seller's Agent
Tom Theung
Thomas B Theung, Broker
Buyer's Agent
Rosi Ueng
Treelane Realty Group Inc.
List Price
$559,000
Sold Price
$535,000
Premium/Discount to List
-$24,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%

Purchase Details

Closed on
Jul 10, 2012
Sold by
Garcia Joseph and Garcia Lydia L
Bought by
Lin Weixiong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 3, 2003
Sold by
Garcia Joseph and Garcia Lydia L
Bought by
Garcia Joseph

Purchase Details

Closed on
Aug 18, 2003
Sold by
Garcia Joseph and Garcia Lydia L
Bought by
Garcia Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2003
Sold by
Garcia Joseph and Garcia Lydia L
Bought by
Garcia Joseph
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

Date Buyer Sale Price Title Company
Truong Phat Duy -- None Available
Truong Phat Duy $230,000 Old Republic Title Company
Truong Phat Duy $535,000 First American Title Company
Lin Weixiong $368,000 Orange Coast Title Company O
Garcia Joseph -- --
Garcia Joseph -- First American Title Co
Garcia Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Weixiong $184,000
Previous Owner Garcia Joseph $108,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2016 01/13/16 Sold $535,000 -4.3% $356 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $559,000 +51.9% $372 / Sq Ft
10/03/2012 10/03/12 Sold $368,000 0.0% $245 / Sq Ft View Prior Sale
07/04/2012 07/04/12 Pending -- -- --
06/22/2012 06/22/12 For Sale $368,000 -- $245 / 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
2025 $10,255 $745,596 $482,592 $263,004
2024 $10,255 $730,978 $473,130 $257,848
2023 $10,089 $716,646 $463,853 $252,793
2022 $9,701 $702,595 $454,758 $247,837
2021 $9,941 $688,820 $445,842 $242,978
2020 $9,644 $681,758 $441,271 $240,487
2019 $9,632 $668,391 $432,619 $235,772
2018 $7,869 $556,613 $361,018 $195,595
2017 $7,629 $545,700 $353,940 $191,760
2016 $5,295 $382,804 $230,827 $151,977
2015 $5,239 $377,055 $227,360 $149,695
2014 $5,134 $369,670 $222,907 $146,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15169666

California Regional Multiple Listing Service (CRMLS)

APN: 8108-008-028