NOT LISTED FOR SALE

Estimated Value: $925,000 - $1,288,000

5 Beds
3 Baths
1,790 Sq Ft
$608/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $815,000 $455 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $7,153/month

13 Days on Market

Highlights

  • Wooded Lot
  • Traditional Architecture
  • 1 Car Attached Garage
  • Garvey (Richard) Intermediate School Rated A-
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of July 2018

TWO FULLY DETACHED, SINGLE FAMILY HOMES (DUPLEX) ON A 6,217 SQFT. R2 ZONED LOT! . Zoned slR2yy (R2) Detached Duplex. Here is your golden opportunity to own 2 separate homes, live in one and rent the other or use both for rental income. Long time owners, first time on the market in 58 years! One of the sellers just recently moved out of the front home after living there for 58 years. Both homes feature brand new paint in and out. The front home is approximately 1040 SQFT. (SQFT. subject to buyer verification) and has 3 bedrooms and 2 baths, a large kitchen with separate dining area. Laundry in garage, plus a full security system! The back home is approximately 750 SQFT. (SQFT. subject to buyer verification) and has 2 bedrooms and one bath, seperate laundry room plus a nice bonus room built into the garage. Several mature shade trees grace the lot. Good size side and backyard areas for outdoor enjoyment. The location is so great, so close to the Valley Blvd./Del Mar St. highly developed and modern shopping centers, with the large Tiawan plaza shopping area and hotel complex just a short walk from the home. This area is booming with new major construction projects, restaurants, markets, hotels, Etc. This R2 income property is a great investment for full-time rental income and future resale. Do not miss this great opportunity.

Last Agent to Sell the Property

Mike Paris

Coldwell Banker Dynasty T.C. License #01252384 Listed on: 05/12/2018

Coldwell Banker Dynasty T.C.

Co-Listed By

Rayee Chen Paris

Coldwell Banker Realty License #01731948

Last Buyer's Agent

Elaine Tran

COLDWELL BANKER DYNASTY/TC License #01790761

COLDWELL BANKER DYNASTY/TC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,756

Year Built

  • Built in 1956

Lot Details

  • 6,218 Sq Ft Lot
  • No Common Walls
  • Wooded Lot
  • Back and Front Yard

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Turnkey

Interior Spaces

  • 1,790 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Home Security System
  • Gas Cooktop

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Schools

  • Golden View Elementary School
  • Garvey Middle School
  • Alhambra High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid

Community Details

  • No Home Owners Association
  • 2 Units
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 5370016015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,756

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Security System
  • View: No
  • Zoning: SLR2YY
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5370016015
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1790.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 455.31
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, On Site
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Alhambra
  • Elementary School: Golden View
  • Middle School: Garvey
  • High School: Alhambra
  • Elementary School: Golden View
  • High School: Alhambra
  • Middle Or Junior School: Garvey
  • Elementary School #2: GOLVIE
  • High School2: ALHAMB

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Treed Lot
  • Lot Size Sq Ft: 6218.00
  • Lot Size Acres: 0.1427

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6218.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 4823.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2018
Closed on
Jun 8, 2018
Sold by
Mendez Alfred Jesus and The Eloisa M Mendez 2018 Trust
Bought by
Zhengwu Wan Yi and Zhang Nathalie Christin Chang
Seller's Agent
Mike Paris
Coldwell Banker Dynasty T.C.
Buyer's Agent
Elaine Tran
COLDWELL BANKER DYNASTY/TC
List Price
$840,000
Sold Price
$815,000
Premium/Discount to List
-$25,000
-2.98%
Total Days on Market
13
Current Estimated Value
$1,089,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,149
Avg. Annual Appreciation
4.29%
Original Mortgage
$529,750
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 24, 2018
Sold by
Mendez Eloisa M
Bought by
Mendez Eloisa M and Eloisa M Mendez 2018 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,750
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 27, 2015
Sold by
Mendez Joseph L and Mendez Evelia G
Bought by
Mendez Family Trust
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
Zhengwu Wan Yi $815,000 Equity Title Los Angeles
Mendez Eloisa M -- None Available
Mendez Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhengwu Wan Yi $550,000
Closed Zhengwu Wan Yi $529,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2018 07/19/18 Sold $815,000 -3.0% $455 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/12/2018 05/12/18 For Sale $840,000 0.0% $469 / Sq Ft
04/15/2014 04/15/14 Rented $1,500 -4.8% --
03/16/2014 03/16/14 Under Contract -- -- --
01/17/2014 01/17/14 For Rent $1,575 +8.6% --
01/15/2013 01/15/13 Rented $1,450 -12.7% --
01/07/2013 01/07/13 Under Contract -- -- --
11/14/2012 11/14/12 For Rent $1,660 -- --
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 $12,756 $897,660 $579,631 $318,029
2023 $12,307 $880,060 $568,266 $311,794
2022 $11,757 $862,805 $557,124 $305,681
2021 $11,704 $845,888 $546,200 $299,688
2020 $11,592 $837,496 $540,600 $296,896
2019 $11,197 $815,280 $530,000 $285,280
2018 $1,374 $69,743 $27,124 $42,619
2016 $1,272 $66,768 $26,072 $40,696
2015 $1,086 $53,402 $25,681 $27,721
2014 $1,086 $52,356 $25,178 $27,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18112393

California Regional Multiple Listing Service (CRMLS)

APN: 5370-016-015