NOT LISTED FOR SALE

141 S 18th St Montebello, CA 90640

Estimated Value: $859,000 - $998,000

4 Beds
2 Baths
1,820 Sq Ft
$509/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $585,000 $321 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,895/month

36 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Central Air
  • City Lights View
  • Laundry Room
  • Front Yard

About This Home

As of November 2017

Looking for rental property? Look no further than this beautiful Duplex which is tenant occupied in the heart of Montebello. Close to Whittier Blvd and Olympic you have local shopping centers, parks, schools, and the Montebello Town Center is just a 10-15 minute drive. Let this property pay for itself . Tenant occupied and long term tenants allow you to build your portfolio and reap the rewards of rental income. Back unit is a 2 bedroom 1 bath unit with tile flooring, fire place, central ac, and the kitchen has granite counter tops with a great back patio. The front unit is also a 2 bedroom and 1 bath unit, no ac in this unit, fireplace in the living room, with washer and dryer hookups. Schedule your appointment to view this beautiful property that is well taken care of on a tree line street in the great city of Montebello.

Last Agent to Sell the Property

Elizabeth Wojtaszek

RE/MAX CHAMPIONS License #01878626 Listed on: 09/28/2017

RE/MAX CHAMPIONS

Last Buyer's Agent

Margaret Pedrosian

P&S Realty License #00854548

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,142

Year Built

  • Built in 1947

Lot Details

  • 6,628 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Duplex

Interior Spaces

  • 1,820 Sq Ft Home
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 18
  • Tax Tract Number 13553
  • Assessor Parcel Number 6337006028

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $100
  • Insurance Expense $600
  • Trash Expense $50
  • Water Sewer Expense $200
  • New Taxes Expense $4,604
  • Operating Expense $750
  • Gross Income $32,400
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,142

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 200.00
  • Zoning: MNR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6337006028
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 321.43
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Sewer Paid
  • Trash Expense: 50.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6628.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 32400.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 600.00
  • Net Operating Income: 32400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 150.00
  • Rent Control: Yes
  • Total Actual Rent: 2700.00
  • Total Expenses: 750.00

Tax Info

  • New Taxes Expense: 4604.00
  • Tax Census Tract: 5320.01
  • Tax Lot: 18
  • Tax Tract Number: 13553

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2021
Sold by
Bazinyan Gevorg
Bought by
Mendelyan Hripsime
Current Estimated Value
$926,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,000
Outstanding Balance
$392,028
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$494,621

Purchase Details

Closed on
Mar 12, 2021
Sold by
Haknan Properties Llc
Bought by
Bazinyan Gevorg and Bazinyan Hripsime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,000
Outstanding Balance
$392,028
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$494,621

Purchase Details

Closed on
Apr 28, 2018
Sold by
Bazinyan Gevorg
Bought by
Haknan Properties Llc

Purchase Details

Listed on
Sep 28, 2017
Closed on
Nov 17, 2017
Sold by
Juarez Leastl
Bought by
Mendelyan Hripsime and Bezinyrn Gevorg
Seller's Agent
Elizabeth Wojtaszek
RE/MAX CHAMPIONS
Buyer's Agent
Margaret Pedrosian
P&S Realty
List Price
$568,000
Sold Price
$585,000
Premium/Discount to List
$17,000
2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$438,750
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2010
Sold by
Juarez Maria Belen
Bought by
Juarez Isasti and Juarez Maria Belen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2008
Sold by
Juarez Isasti
Bought by
Juarez Maria Belen

Purchase Details

Closed on
Oct 4, 2001
Sold by
Garcia Jose J
Bought by
Juarez Isasti and Juarez Maria Belen

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
6.88%

Purchase Details

Closed on
May 21, 1998
Sold by
Garcia Jose J
Bought by
Garcia Jose J and Garcia Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,511
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 1996
Sold by
Hernandez Jose Manuel
Bought by
Garcia Jose J and Garcia Lourdes

Purchase Details

Closed on
Jan 3, 1996
Sold by
The Roman Catholic Archbishop Of La
Bought by
Garcia Jose J and Juarez Isasti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,980
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 1995
Sold by
Dillon James F
Bought by
The Roman Catholic Archbishop Of La
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
Mendelyan Hripsime -- Stewart Title Of Ca Inc
Bazinyan Gevorg -- Stewart Title Of Ca Inc
Bazinyan Gevorg -- Stewart Title Of Ca Inc
Bazinyan Gevorg -- None Available
Haknan Properties Llc -- None Available
Bazinyan Gevorg -- None Available
Mendelyan Hripsime $585,000 Stewart Title
Juarez Isasti -- Accommodation
Juarez Maria Belen -- None Available
Juarez Isasti $29,000 American Title Co
Garcia Jose J -- American Title Co
Garcia Jose J -- North American Title
Garcia Jose J $195,500 Fidelity Title
The Roman Catholic Archbishop Of La -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendelyan Hripsime $433,000
Previous Owner Mendelyan Hripsime $438,750
Previous Owner Juarez Isasti $309,000
Previous Owner Juarez Isasti $325,000
Previous Owner Juarez Isasti $131,000
Previous Owner Juarez Isasti $17,200
Previous Owner Juarez Isasti $230,000
Previous Owner Juarez Isasti $200,000
Previous Owner Juarez Isasti J $25,000
Previous Owner Garcia Jose J $186,511
Previous Owner Garcia Jose J $189,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $585,000 +3.0% $321 / Sq Ft
10/19/2017 10/19/17 For Sale $568,000 -2.9% $312 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
10/17/2017 10/17/17 Off Market $585,000 -- --
10/17/2017 10/17/17 For Sale $568,000 -2.9% $312 / Sq Ft
10/16/2017 10/16/17 Off Market $585,000 -- --
10/15/2017 10/15/17 For Sale $568,000 0.0% $312 / Sq Ft
10/05/2017 10/05/17 Pending -- -- --
10/05/2017 10/05/17 For Sale $568,000 -2.9% $312 / Sq Ft
10/03/2017 10/03/17 Off Market $585,000 -- --
09/12/2017 09/12/17 For Sale $568,000 -- $312 / 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 $10,142 $665,626 $375,481 $290,145
2024 $10,142 $652,575 $368,119 $284,456
2023 $10,105 $639,780 $360,901 $278,879
2022 $9,765 $627,236 $353,825 $273,411
2021 $9,413 $614,938 $346,888 $268,050
2020 $9,250 $608,634 $343,332 $265,302
2019 $8,984 $596,700 $336,600 $260,100
2018 $9,660 $585,000 $330,000 $255,000
2017 $4,707 $278,441 $132,463 $145,978
2016 $4,604 $272,982 $129,866 $143,116
2015 $4,384 $268,883 $127,916 $140,967
2014 $4,337 $263,617 $125,411 $138,206
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV17224340

California Regional Multiple Listing Service (CRMLS)

APN: 6337-006-028