NOT LISTED FOR SALE

144 N 3rd St Montebello, CA 90640

Estimated Value: $981,000 - $1,200,000

3 Beds
2 Baths
3,879 Sq Ft
$287/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $540,000 $139 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $7,271/month

65 Days on Market

About This Home

As of August 2017

THIS PROPERTY IS LOCATED IN GREAT AREA OF MONTEBELLO CLOSE TO TRANSPORTATION SHOPPING CENTERS AND SCHOOL. FRONT UNIT REQUIRES REPAIRS AND THE BACK UNIT IS UNDER CONSTRUCTION AND REQUIRES COMPLETION. THIS PROPERTY IS IDEAL FOR AN
REAL PROPERTY INVESTOR.

Last Agent to Sell the Property

Guadalupe Lizarraga

LIZARRAGA REALTY License #01161247 Listed on: 03/23/2017

Last Buyer's Agent

Guadalupe Lizarraga

LIZARRAGA REALTY License #01161247 Listed on: 03/23/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,586

Year Built

  • Built in 1926

Lot Details

  • 6,364 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 4 Car Garage

Home Design

  • 3,879 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Utilities

  • No Heating
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 6346022024

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,586

Year Built

Built in 1926

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6346022024
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 139.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Connected, Sewer Connected
  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6364.00

Rental Info

  • Tenant Pays: None

Multi Family

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

Tax Info

  • Tax Lot: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2017
Closed on
Jun 13, 2017
Sold by
Reyes Sandra Rose
Bought by
Reyes Ricardo
Seller's Agent
Guadalupe Lizarraga
LIZARRAGA REALTY
Buyer's Agent
Guadalupe Lizarraga
LIZARRAGA REALTY
List Price
$675,000
Sold Price
$540,000
Premium/Discount to List
-$135,000
-20%
Total Days on Market
65
Current Estimated Value
$1,113,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,609
Avg. Annual Appreciation
9.95%

Purchase Details

Listed on
Mar 23, 2017
Closed on
Jun 6, 2017
Sold by
Reyes Ricardo
Bought by
Chiang Wendy Winchain
Seller's Agent
Guadalupe Lizarraga
LIZARRAGA REALTY
Buyer's Agent
Guadalupe Lizarraga
LIZARRAGA REALTY
List Price
$675,000
Sold Price
$540,000
Premium/Discount to List
-$135,000
-20%

Purchase Details

Closed on
Feb 18, 2016
Sold by
Reyes Frank and Reyes Ricardo
Bought by
Reyes Ricardo

Purchase Details

Closed on
Feb 5, 2015
Sold by
Reyes Frank
Bought by
Reyes Frank and Reyes Ricardo

Purchase Details

Closed on
Apr 20, 2004
Sold by
Reyes Francisco E
Bought by
Reyes Frank and Reyes Victoria V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 1994
Sold by
Reyes Frank and Reyes Victoria V
Bought by
Reyes Frank and Reyes Victoria V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.12%
Source: Public Records

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Range of Values:

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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
Reyes Ricardo -- Chicago Title Company
Chiang Wendy Winchain $540,000 Chicago Title Company
Reyes Frank -- None Available
Reyes Frank -- --
Reyes Frank -- South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reyes Frank $110,000
Previous Owner Reyes Frank $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $540,000 -10.0% $139 / Sq Ft
05/05/2017 05/05/17 Price Changed $600,000 -11.1% $155 / Sq Ft
03/23/2017 03/23/17 For Sale $675,000 -- $174 / 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
2024 $12,586 $824,433 $417,202 $407,231
2023 $12,548 $808,269 $409,022 $399,247
2022 $10,590 $679,774 $401,002 $278,772
2021 $10,200 $666,446 $393,140 $273,306
2019 $9,741 $646,680 $381,480 $265,200
2018 $11,202 $730,000 $430,000 $300,000
2016 $5,334 $319,572 $49,542 $270,030
2015 $5,076 $314,772 $48,798 $265,974
2014 $3,987 $230,949 $47,843 $183,106
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB17061415

California Regional Multiple Listing Service (CRMLS)

APN: 6346-022-024