NOT LISTED FOR SALE

1312 S Spruce St Montebello, CA 90640

Estimated Value: $920,000 - $1,240,000

6 Beds
4 Baths
2,108 Sq Ft
$527/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $760,000 $361 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,048/month

47 Days on Market

Highlights

  • City Lights View
  • Bonus Room
  • Living Room
  • 13,874 Sq Ft lot
  • No HOA
  • Laundry Room

About This Home

As of July 2018

Excellent opportunity to own a Duplex with close proximity to schools, shopping malls & freeways. The property has 2 separate houses #1312 & #1314. Both are a 3 bed/2 bath with its own laundry room. A long driveway lined with tropical palms leads to the parking /garage area which consists of 1 single carport, 1 tandem (2 car) carport, 1 car garage, and ample space for additional parking. The landscape of the property has been well maintained and the house in the back has a large private back yard which is a great place to relax or entertain guests. The roof on both units is only 4 and 7 years old, all plumbing in both units was updated in the past 3-4 years, and the water heaters were replaced within the past 3 years as well. The rear house shows newer flooring in one bedroom and both bathrooms were upgraded within the past couple years. All meters are separated.

Last Agent to Sell the Property

Ericka Fox

Platinum Properties R.E. License #01938513 Listed on: 03/01/2018

Platinum Properties R.E.

Last Buyer's Agent

Robert Fresquez

California Homes Associates License #01247918

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,129

Year Built

  • Built in 1927

Lot Details

  • 0.32 Acre Lot
  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Sprinkler System
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • 3 Carport Spaces
  • Parking Available
  • Driveway

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Duplex

Interior Spaces

  • 2,108 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Window Screens
  • Living Room
  • Bonus Room
  • Gas Cooktop
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Shed

Utilities

  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 37
  • Tax Tract Number 11562
  • Assessor Parcel Number 6354007010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,129

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Inclusions: Stove, TV room/theatre projector, speakers, chairs, outdoor back yard iron furniture
  • Other Phone Description: (310)900-9408
  • Other Phone Number: (310)9009408
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: MNR1YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6354007010
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 360.53
  • Room Type: Bonus Room, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Window Features: Blinds, Screens

Exterior Features

  • Other Structures: Shed(s), Storage
  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Driveway, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Sprinkler System
  • Lot Size Sq Ft: 13874.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 1700.00

Tax Info

  • Tax Census Tract: 5322.00
  • Tax Lot: 37
  • Tax Tract Number: 11562

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2021
Sold by
Fresquez Michael A and Castaneda Ivette
Bought by
Fresquez Michael A and Moreno Nallely Garcia
Current Estimated Value
$1,087,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$722,500
Outstanding Balance
$657,542
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$453,511

Purchase Details

Listed on
Mar 1, 2018
Closed on
Jun 4, 2018
Sold by
Castaneda Alexander
Bought by
Castaneda Ivette
Seller's Agent
Ericka Fox
Platinum Properties R.E.
Buyer's Agent
Robert Fresquez
California Homes Associates
List Price
$789,000
Sold Price
$760,000
Premium/Discount to List
-$29,000
-3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$746,234
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2018
Sold by
Alcaraz Jesus C and Alcaraz Rosa E
Bought by
Fresquez Michael and Castaneda Ivette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,234
Interest Rate
5.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fresquez Michael A -- Western Resources Title
Castaneda Ivette -- Chicago Title Company
Fresquez Michael $760,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fresquez Michael A $722,500
Previous Owner Fresquez Michael $746,234
Previous Owner Alcaraz Jesus C $448,500
Previous Owner Alcaraz Jesus C $100,000
Previous Owner Alcaraz Jesus C $268,000
Previous Owner Alcaraz Jesus $208,000
Previous Owner Alcaraz Jesus C $188,892
Previous Owner Alcaraz Jesus C $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2018 07/02/18 Sold $760,000 -3.7% $361 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $789,000 -- $374 / 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 $13,129 $884,513 $661,103 $223,410
2024 $13,129 $867,171 $648,141 $219,030
2023 $13,091 $850,169 $635,433 $214,736
2022 $12,653 $833,500 $622,974 $210,526
2021 $11,753 $783,230 $628,645 $154,585
2020 $11,572 $775,200 $622,200 $153,000
2019 $11,234 $760,000 $610,000 $150,000
2018 $3,987 $221,530 $115,610 $105,920
2016 $3,818 $212,930 $111,122 $101,808
2015 $3,646 $209,732 $109,453 $100,279
2014 $3,615 $205,624 $107,309 $98,315
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18047150

California Regional Multiple Listing Service (CRMLS)

APN: 6354-007-010