Seller's Agent in 2018
Lin Li
IRN REALTY
(626) 509-6777
74 Total Sales
1408 S Olive Ave Alhambra, CA 91803
Shorb Track NeighborhoodEstimated Value: $928,000 - $1,323,025
6
Beds
5
Baths
2,300
Sq Ft
$487/Sq Ft
Est. Value
Highlights
- Laundry Room
- Tile Flooring
- Back and Front Yard
- Alhambra High School Rated A
- Central Heating and Cooling System
About This Home
As of April 2018Convenient location. Nice flowing floor plan. Front house #1408 is two stories. New addition completed in 2008 w/new kitchen and dining area and new second story w/new 2 bedrooms, 2 baths. Completely remodeled. Total 4 BR, 4 Bath, 3 of them are master bedrooms, 2 upstairs, 1 downstairs. All 4 bedrooms with walk-in closets. Marbled, tiled/laminated flooring throughout. Bright and airy. Beautiful front porch where you can sit down/spend relaxing evenings. Rear house #1410, one story built in 2007 with 1 bedroom, 1 bath w/attached garage. Presently used as 2 bedrooms (one small bedroom converted from laundry). Rear unit subject to inspection. Two houses with central airs/heats, all dual-paned windows and fire sprinklers. All utility meters are separate, 2 water meters. Close to commercial area, walk distance to supermarket, restaurants etc.
Attention! Front house for self use ONLY, however back house can rent out.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,239
Year Built
- Built in 1927
Lot Details
- 6,759 Sq Ft Lot
- No Common Walls
- Back and Front Yard
Parking
- 2 Open Parking Spaces
- 2 Car Garage
- Parking Available
- Driveway
Interior Spaces
- 2,300 Sq Ft Home
- Tile Flooring
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Washer Hookup
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 168
- Tax Tract Number 6129
- Assessor Parcel Number 5356018021
Community Details
Overview
- 2 Buildings
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $995
- Fuel Expense $450
- Insurance Expense $1,265
- Maintenance Expense $300
- Water Sewer Expense $1,868
- New Taxes Expense $9,376
- Operating Expense $14,254
- Gross Income $13,200
- Net Operating Income $10,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 25, 2017
Closed on
Apr 16, 2018
Sold by
Yang Yi
Bought by
Wu Winston Han and Aung Shwe Y
Seller's Agent
Lin Li
IRN REALTY
Buyer's Agent
Max Hoo
Pinnacle Real Estate Group
List Price
$960,000
Sold Price
$895,000
Premium/Discount to List
-$65,000
-6.77%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,256
Avg. Annual Appreciation
3.84%
Original Mortgage
$645,000
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 12, 2013
Closed on
Mar 28, 2013
Sold by
Tang Chang Shing and Tang Tan Rui
Bought by
Yang Yi
Seller's Agent
Rui Tang Tan
IRN REALTY
Buyer's Agent
ALICE LI
GRANDMARK REALTY INC.
List Price
$748,000
Sold Price
$735,000
Premium/Discount to List
-$13,000
-1.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Purchase Details
Closed on
Apr 18, 2005
Sold by
Chan Shing
Bought by
Tang Chan Shing and Tang Tan Rui
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 23, 2004
Sold by
Lehmer William Ronald and Lehmer Shirley Ann
Bought by
Chan Shing
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 11, 2004
Sold by
Tan Rui Tang
Bought by
Chan Shing
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 11, 1999
Sold by
Addie M Lehmer Trust and Shirley Ann
Bought by
Lehmer William Ronald and Lehmer Shirley Ann
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wu Winston Han | $895,000 | First American Title Company | |
| Yang Yi | $735,000 | Chicago Title Company | |
| Tang Chan Shing | -- | -- | |
| Chan Shing | $350,000 | Ticor Title Company | |
| Chan Shing | -- | Ticor Title Company | |
| Lehmer William Ronald | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wu Winston Han | $634,000 | |
| Closed | Wu Winston Han | $645,000 | |
| Previous Owner | Chan Shing | $200,000 | |
| Previous Owner | Chan Shing | $315,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2018 04/25/18 | Sold | $895,000 | -3.3% | $389 / Sq Ft |
| 02/26/2018 02/26/18 | Price Changed | $926,000 | -3.5% | $403 / Sq Ft |
| 01/30/2018 01/30/18 | For Sale | $960,000 | 0.0% | $417 / Sq Ft |
| 01/18/2018 01/18/18 | Pending | -- | -- | -- |
| 12/25/2017 12/25/17 | For Sale | $960,000 | +30.6% | $417 / Sq Ft |
| 04/01/2013 04/01/13 | Sold | $735,000 | -1.7% | $320 / Sq Ft |
| 01/23/2013 01/23/13 | Pending | -- | -- | -- |
| 01/12/2013 01/12/13 | For Sale | $748,000 | -- | $325 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,239 | $1,018,351 | $713,416 | $304,935 |
| 2024 | $12,239 | $998,384 | $699,428 | $298,956 |
| 2023 | $12,056 | $978,809 | $685,714 | $293,095 |
| 2022 | $11,465 | $959,618 | $672,269 | $287,349 |
| 2021 | $11,341 | $940,803 | $659,088 | $281,715 |
| 2020 | $11,279 | $931,157 | $652,330 | $278,827 |
| 2019 | $10,934 | $912,900 | $639,540 | $273,360 |
| 2018 | $9,850 | $795,459 | $476,194 | $319,265 |
| 2016 | $9,042 | $764,571 | $457,703 | $306,868 |
| 2015 | $8,904 | $753,087 | $450,828 | $302,259 |
| 2014 | $8,788 | $738,336 | $441,997 | $296,339 |
Source: Public Records
Agents Affiliated with this Home
-
Lin Li
-
Max Hoo
Buyer's Agent in 2018
Max Hoo
Pinnacle Real Estate Group
(626) 321-4788
53 Total Sales
-
R
Seller's Agent in 2013
Rui Tang Tan
IRN REALTY
-
A
Buyer's Agent in 2013
ALICE LI
GRANDMARK REALTY INC.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS17279556
APN: 5356-018-021
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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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