NOT LISTED FOR SALE

1238 Lerma Rd South El Monte, CA 91733

Estimated Value: $858,591 - $972,000

4 Beds
3 Baths
2,060 Sq Ft
$439/Sq Ft Est. Value

Last Sold September 04, 2013

Last sale price $495,000 $240 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,548/month

91 Days on Market

Highlights

  • Multi-Level Bedroom
  • No HOA
  • Central Air

About This Home

As of September 2013

Single family home (no asso. fee) in quiet & convenient location, two story home w/high ceiling living room & large family room w/cozy fireplace. New painted and new laminated floor thru-out the house. kitchen with cherry wood cabinets & granite counter tops. Landscaped front & back yard . Walking distance to school (k-8 grade) & bus stop to Down Town L.A., easy access to FWY 60.

Last Agent to Sell the Property

Xiuwei Yu

JYG Royal Investment Co License #01872536 Listed on: 04/29/2013

Co-Listed By

LIAN LIU

Partner Real Estate License #01872535

Last Buyer's Agent

Chris Wanzer

Wanzer Real Estate License #01409382

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,434

Year Built

  • Built in 2006

Lot Details

  • 4,568

Parking

  • 2 Car Garage

Interior Spaces

  • 2,060 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Multi-Level Bedroom
  • 3 Full Bathrooms

Additional Features

  • 4,568 Sq Ft Lot
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 60851
  • Assessor Parcel Number 8116027008

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,434

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 626-551-5858
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8116027008
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2060.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 240.29
  • Room Type: Multi-Level Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 4568.00
  • Lot Size Acres: 0.1050

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4568.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 60851

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2015
Sold by
Li Peng Wei
Bought by
Li Peng Wei
Current Estimated Value
$904,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2013
Closed on
Aug 22, 2013
Sold by
Green Century Investment Group Inc
Bought by
Li Peng Wei and Danh Diane
Seller's Agent
Xiuwei Yu
JYG Royal Investment Co
Buyer's Agent
Chris Wanzer
Wanzer Real Estate
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$332,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2013
Sold by
Ynequez Michael
Bought by
Green Century Investment Group Inc

Purchase Details

Closed on
Sep 14, 2006
Sold by
Santa Anita Commercial Group Llc
Bought by
Ynequez Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 21, 2006
Sold by
Ynequez Nancy
Bought by
Ynequez Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
1%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

Collateral Analytics

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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
Li Peng Wei -- First American Title
Li Peng Wei $494,000 Orange Coast Title Company
Green Century Investment Group Inc -- None Available
Ynequez Michael $625,000 Fidelity Van Nuys
Ynequez Michael -- Fidelity Van Nuys
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Peng Wei $349,800
Closed Li Peng Wei $350,000
Closed Li Peng Wei $312,000
Closed Li Peng Wei $332,000
Previous Owner Ynequez Michael $500,000
Previous Owner Ynequez Michael $31,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2013 09/04/13 Sold $495,000 +5.5% $240 / Sq Ft
05/15/2013 05/15/13 Price Changed $469,000 -6.0% $228 / Sq Ft
04/29/2013 04/29/13 For Sale $499,000 -- $242 / 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 $7,434 $635,355 $339,234 $296,121
2024 $7,434 $622,898 $332,583 $290,315
2023 $7,271 $610,685 $326,062 $284,623
2022 $7,080 $598,712 $319,669 $279,043
2021 $6,984 $586,973 $313,401 $273,572
2019 $7,032 $569,564 $304,106 $265,458
2018 $6,688 $558,397 $298,144 $260,253
2016 $6,398 $536,716 $286,568 $250,148
2015 $6,042 $503,869 $233,575 $270,294
2014 $5,842 $494,000 $229,000 $265,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13077402

California Regional Multiple Listing Service (CRMLS)

APN: 8116-027-008