NOT LISTED FOR SALE

Estimated Value: $736,663 - $801,000

2 Beds
1 Bath
1,366 Sq Ft
$563/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $600,000 $439 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,959/month

56 Days on Market

Highlights

  • Guest House
  • Floor Furnace
  • 5-minute walk to Big Tree Park
  • Sandburg Middle School Rated A-

About This Home

As of October 2021

Prime location on Route 66 in between a Taco Bell and an Auto Repair. Across from large Avalon apartment community. Long, narrow lot, currently residential. No expansion allowed but could use current structure for office space. Great piece of land in an area that is commercially zoned for retail, restaurant, office space, medical to name a few. (Verify with the city of Glendora to confirm businesses that are permitted and what kind of development is allowed on this property.) Great investment or development opportunity!

Last Agent to Sell the Property

Cynthia Carvel

Douglas Elliman License #01906602 Listed on: 07/20/2021

Douglas Elliman

Last Buyer's Agent

Julie Hsu

eXp Realty of California Inc License #01137178

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,680

Year Built

  • Built in 1926

Lot Details

  • 9,214

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • 1,366 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Additional Features

  • 9,214 Sq Ft Lot
  • Guest House

Community Details

  • 2 Buildings

Listing and Financial Details

  • Assessor Parcel Number 8644-001-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,680

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Prime location on Route 66 in between a Taco Bell and an Auto Repair. Across from large Avalon apartment community. Long, narrow lot, currently residential. No expansion allowed but could use current structure for office space. Great piece of land in an area that is commercially zoned for retail, restaurant, office space, medical to name a few. (Verify with the city of Glendora to confirm businesses that are permitted and what kind of development is allowed on this property.) Great investment or development opportunity!
  • Living Area: 1366
  • Lot Acreage: 0.2115
  • Year Built: 1926
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 1.00
  • Price Per S Q F T: 640.56

Exterior Features

  • Other Structures: GuestHouse

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Driveway

Utilities

  • Cooling: Wall/Window
  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Percent: 32.62
  • Assessed Improvement Value: 17677
  • Assessed Land Percent: 67.38
  • Assessed Land Value: 36506
  • Total Assessed Value: 54183
  • Assessor Parcel Number: 8644-001-013
  • Lot Size Area: 9214

Multi Family

  • Unit Type: 2106
  • Number Of Units: 1
  • Total Annual Expense: 0
  • Type Of Units: Residence
  • Vacancy Rate: Vacant

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Oct 15, 2021
Sold by
Lorusso Dorothy Louella
Bought by
Lorusso Michael and Declaration Of Trust
Seller's Agent
Cynthia Carvel
Douglas Elliman
Buyer's Agent
Julie Hsu
eXp Realty of California Inc
List Price
$875,000
Sold Price
$600,000
Premium/Discount to List
-$275,000
-31.43%
Total Days on Market
56
Current Estimated Value
$769,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,416
Avg. Annual Appreciation
7.94%
Original Mortgage
$450,000
Outstanding Balance
$417,416
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$374,241

Purchase Details

Listed on
Jul 20, 2021
Closed on
Oct 14, 2021
Sold by
Mccormack Dealynn Jane and Lorusso Family Trust
Bought by
Lorusso Michael Barrett and Mccormack Dealynn Jane
Seller's Agent
Cynthia Carvel
Douglas Elliman
Buyer's Agent
Julie Hsu
eXp Realty of California Inc
List Price
$875,000
Sold Price
$600,000
Premium/Discount to List
-$275,000
-31.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$417,416
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$374,241

Purchase Details

Listed on
Jul 20, 2021
Closed on
Sep 24, 2021
Sold by
Lorusso Michael and Mccormack Dealynn
Bought by
Hsu Kevin P and Hsu Juilie Y
Seller's Agent
Cynthia Carvel
Douglas Elliman
Buyer's Agent
Julie Hsu
eXp Realty of California Inc
List Price
$875,000
Sold Price
$600,000
Premium/Discount to List
-$275,000
-31.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$417,416
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$374,241

Purchase Details

Closed on
Jun 29, 2006
Sold by
Lorusso William V
Bought by
Lorusso William and Lorusso Dorothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
6.77%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 1998
Sold by
Lorusso William V
Bought by
Lorusso William and Lorusso Dorothy L
Source: Public Records

Range of Values:

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Average Value
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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
Lorusso Michael Barrett -- Chicago Title Company
Hsu Kevin P $600,000 Chicago Title Company
Lorusso William -- North American Title Co
Lorusso William -- North American Title Co
Lorusso William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsu Kevin P $450,000
Previous Owner Lorusso William $544,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $600,000 -31.4% $439 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $875,000 -- $641 / Sq Ft
Source: The MLS

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 $7,680 $624,240 $520,200 $104,040
2023 $7,506 $612,000 $510,000 $102,000
2022 $7,364 $600,000 $500,000 $100,000
2021 $1,002 $54,744 $36,884 $17,860
2019 $961 $53,122 $35,791 $17,331
2018 $821 $52,082 $35,090 $16,992
2016 $774 $50,061 $33,728 $16,333
2015 $764 $49,310 $33,222 $16,088
2014 $775 $48,345 $32,572 $15,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-766522

The MLS

APN: 8644-001-013