NOT LISTED FOR SALE

1412 W Colegrove Ave Montebello, CA 90640

Estimated Value: $837,000 - $914,000

4 Beds
2 Baths
1,639 Sq Ft
$538/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $700,000 $427 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,621/month

108 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • Heating Available
  • No HOA
  • Central Air

About This Home

As of October 2020

LOCATION*LOCATION*LOCATION
Live in one and rent the other! Property has been completely renovated with new roof, new central air in front unit & dual climate control at rear.
Front unit has 2 bedrooms and an office/den that can be a 3rd bedroom. Front unit has indoor laundry, granite fireplace & granite countertops in kitchen. Canned lighting at living room and kitchen & brand new laminate flooring throughout.
Rear unit has upgraded bathroom, canned lights and new flooring.
Walking distance to Montebello City Park, Shopping and places of worship.

Last Agent to Sell the Property

Jerry Avila

ALL NATIONS REALTY & INVS License #01354211 Listed on: 06/12/2020

Last Buyer's Agent

Daniel Rivera

KW Vision License #02049345

KW Vision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,386

Year Built

  • Built in 1946

Lot Details

  • 4,758 Sq Ft Lot
  • No Common Walls
  • Lawn

Interior Spaces

  • 1,639 Sq Ft Home
  • Living Room with Fireplace
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 8325
  • Assessor Parcel Number 6350013011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • New Taxes Expense $7,380
  • Operating Expense $8,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,386

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: MNR3*
  • Property Type: Residential Income
  • Parcel Number: 6350013011
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Fireplace Features: Living Room
  • Price Per Square Foot: 427.09

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 4758.00
  • Lot Size Acres: 0.1092

Multi Family

  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 4758.0000 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: Yes
  • Total Expenses: 8380.00

Tax Info

  • New Taxes Expense: 7380.00
  • Tax Census Tract: 5320.02
  • Tax Lot: 43
  • Tax Tract Number: 8325

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Sep 4, 2020
Sold by
California Capital Inc
Bought by
Moya Jairy and Adame Alexis Israel
Seller's Agent
Jerry Avila
ALL NATIONS REALTY & INVS
Buyer's Agent
Daniel Rivera
KW Vision
List Price
$719,900
Sold Price
$700,000
Premium/Discount to List
-$19,900
-2.76%
Current Estimated Value
$881,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,227
Avg. Annual Appreciation
4.75%
Original Mortgage
$595,000
Outstanding Balance
$530,415
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$350,812

Purchase Details

Listed on
Sep 13, 2018
Closed on
Nov 29, 2018
Sold by
Gonzalez Juan J and Cardenas Esmeralda
Bought by
California Capital Inc
Seller's Agent
Jerry Avila
ALL NATIONS REALTY & INVS
Buyer's Agent
Jerry Avila
ALL NATIONS REALTY & INVS
List Price
$550,000
Sold Price
$459,000
Premium/Discount to List
-$91,000
-16.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.99%
Original Mortgage
$500,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2016
Sold by
Acuna Victor
Bought by
Cardenas Esmeralda

Purchase Details

Closed on
May 28, 2014
Sold by
Cardenas Esmeralda
Bought by
Acuna Victor

Purchase Details

Closed on
May 28, 2013
Sold by
Cardenas Esmeralda
Bought by
Acuna Victor and Cardenas Esmeralda

Purchase Details

Closed on
Oct 13, 2006
Sold by
Gonzalez Juan J
Bought by
Cardenas Esmeralda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 20, 2002
Sold by
Bonzon Leonor M and Bonzon Family Trust
Bought by
Gonzalez Juan J and Cardenas Esmeralda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,297
Interest Rate
5.89%

Purchase Details

Closed on
Sep 6, 2001
Sold by
Gonzalez Juan J and Cardenas Esmeralda
Bought by
Bonzon Leonor M and The Leonor M Bonzon Family Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.91%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Moya Jairy $700,000 Orange Coast Title Co
California Capital Inc $459,000 Orange Coast Title Company
Cardenas Esmeralda -- None Available
Acuna Victor -- None Available
Acuna Victor -- None Available
Cardenas Esmeralda -- Investors Title Company
Gonzalez Juan J $183,000 North American Title Co
Bonzon Leonor M $183,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moya Jairy $595,000
Previous Owner California Capital Inc $500,000
Previous Owner Cardenas Esmeralda $432,000
Previous Owner Gonzalez Juan J $175,297
Previous Owner Bonzon Leonor M $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $700,000 0.0% $427 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
07/06/2020 07/06/20 Price Changed $699,900 -2.8% $427 / Sq Ft
06/12/2020 06/12/20 For Sale $719,900 +56.8% $439 / Sq Ft
01/28/2019 01/28/19 Sold $459,000 -14.2% $280 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
10/15/2018 10/15/18 Price Changed $534,900 -2.7% $326 / Sq Ft
09/13/2018 09/13/18 For Sale $550,000 -- $336 / 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 $11,386 $764,194 $487,093 $277,101
2024 $11,386 $749,211 $477,543 $271,668
2023 $11,348 $734,522 $468,180 $266,342
2022 $10,965 $720,120 $459,000 $261,120
2021 $10,573 $706,000 $450,000 $256,000
2020 $7,313 $468,180 $306,000 $162,180
2019 $8,166 $539,093 $323,668 $215,425
2018 $8,273 $528,523 $317,322 $211,201
2016 $6,650 $414,931 $261,426 $153,505
2015 $6,312 $408,700 $257,500 $151,200
2014 $4,833 $295,256 $181,032 $114,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20113862

California Regional Multiple Listing Service (CRMLS)

APN: 6350-013-011