NOT LISTED FOR SALE

1310 W Commonwealth Ave Alhambra, CA 91803

Valencia Terrace Neighborhood

Estimated Value: $1,198,000 - $1,527,847

5 Beds
4 Baths
2,760 Sq Ft
$490/Sq Ft Est. Value

Last Sold August 28, 2012

Last sale price $665,000 $241 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $8,142/month

14 Days on Market

Highlights

  • No HOA
  • William Northrup Elementary School Rated A-
  • Central Heating

About This Home

As of August 2012

Prime centrality location,very convenient to everywhere,near by school,church,restaurant,Home Depot,Cosco Club,and shopping. 2 units like 2 single house. Front house built in 1915 has been remoldeled 1990,new window,hardwood floor,tile in kitchen,central air/condition,3 bdrms 2 bhs.,with living space 1450 sq. ft. Rear unit ontop of two double garage built in 1990,2 bds/2bhs plus den can be 3 bdm. 1250 sq.ft. (long term tenant 17 years,month by month leased ).Good for buyer live in one and rent one for income.

Last Agent to Sell the Property

WILLIAM KWOO

COLDWELL BANKER NEW CENTURY License #01053316 Listed on: 05/01/2012

Last Buyer's Agent

Wayne Yuan

IRN Realty License #01483426

IRN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,014

Year Built

  • Built in 1915

Lot Details

  • 7,500

Parking

  • 4 Car Garage

Home Design

  • 2,760 Sq Ft Home

Additional Features

  • 7,500 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tax Lot 64
  • Tax Tract Number 4809
  • Assessor Parcel Number 5343016003

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $1,800
  • New Taxes Expense $4,150
  • Gross Income $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,014

Year Built

Built in 1915

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 5343016003
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 240.94

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1720

Multi Family

  • Gross Income: 1500.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7500.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4150.00
  • Tax Lot: 64
  • Tax Tract Number: 4809
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2012
Closed on
Aug 1, 2012
Sold by
Lee Kwok Leung
Bought by
Lee Edward M and Liu Qiu Yi
Seller's Agent
WILLIAM KWOO
COLDWELL BANKER NEW CENTURY
Buyer's Agent
Wayne Yuan
IRN Realty
List Price
$698,000
Sold Price
$665,000
Premium/Discount to List
-$33,000
-4.73%
Current Estimated Value
$1,351,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$686,462
Avg. Annual Appreciation
5.42%
Original Mortgage
$399,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2012
Sold by
Lee Jeanne M
Bought by
Lee Edward M

Purchase Details

Closed on
Feb 26, 1997
Sold by
Wu Wei Tsu Chuang and Chui Ping Lee
Bought by
Lee Kwok Leung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.74%
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
Lee Edward M $665,000 Title 365 Company
Lee Edward M -- Title 365
Lee Kwok Leung $268,000 Title Land Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Edward M $399,000
Previous Owner Lee Kwok Leung $120,000
Previous Owner Lee Kwok Leung $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2012 08/28/12 Sold $665,000 -4.7% $241 / Sq Ft
05/15/2012 05/15/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $698,000 -- $253 / 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 $10,014 $818,885 $573,837 $245,048
2024 $10,014 $802,830 $562,586 $240,244
2023 $9,877 $787,089 $551,555 $235,534
2022 $9,402 $771,657 $540,741 $230,916
2021 $9,295 $756,528 $530,139 $226,389
2020 $9,244 $748,772 $524,704 $224,068
2019 $8,965 $734,091 $514,416 $219,675
2018 $8,909 $719,698 $504,330 $215,368
2016 $8,171 $691,754 $484,748 $207,006
2015 $8,046 $681,364 $477,467 $203,897
2014 $7,942 $668,018 $468,115 $199,903
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2012

    WILLIAM KWOO

    COLDWELL BANKER NEW CENTURY

    Section Image

  • W

    Buyer's Agent in 2012

    Wayne Yuan

    IRN Realty

    (626) 447-5100

    23 Total Sales

    Wayne Yuan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: W12055105

California Regional Multiple Listing Service (CRMLS)

APN: 5343-016-003

California Los Angeles County Alhambra 91801 Valencia Terrace

1310 W Commonwealth Ave, Alhambra, CA

This home is located at 1310 W Commonwealth Ave, Alhambra, CA 91803 since 01 May 2012 and is currently estimated at $1,351,462, approximately $489 per square foot. This property was built in 1915. 1310 W Commonwealth Ave is a home located in Los Angeles County with nearby schools including William Northrup Elementary School, Alhambra High School, and All Souls World Language Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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