NOT LISTED FOR SALE

1517 S Garfield Ave Alhambra, CA 91801

Ramona Park Neighborhood

Estimated Value: $1,755,626 - $1,862,000

7 Beds
4 Baths
3,570 Sq Ft
$508/Sq Ft Est. Value

Last Sold July 01, 2015

Last sale price $1,075,000 $301 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $11,417/month

136 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • 4 Car Garage
  • Front Yard
  • Ramona Elementary School Rated A-

About This Home

As of July 2015

STANDARD SALE. LOCATION ! LOCATION! LOCATION! PROPERTY IN THE CITY OF ALHAMBRA. CLOSE TO FREEWAY. BUS STOP, RESTAURANT & SUPERMARKET. 7 MINUT TO DOWNTOWN LOS ANGELES AND CHINATOWN.

Last Agent to Sell the Property

CHIEW LIM

High Ten Partners, Inc. License #01757117 Listed on: 12/09/2014

High Ten Partners, Inc.

Last Buyer's Agent

Islina Abdullah

Berkshire Hathaway HSCP License #01502648

Berkshire Hathaway HSCP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,867

Year Built

  • Built in 1949

Lot Details

  • 7,930 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway
  • Parking Lot

Home Design

  • 3,570 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 5357009015

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Gross Income $4,030
  • Net Operating Income $41,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,867

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 5357009015
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 301.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 7930.00
  • Price Per Lot Square Foot: 135.56
  • Lot Size Acres: 0.1820

Multi Family

  • Gross Income: 4030.00
  • Gross Scheduled Income: 48360.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 7930.0000 Square Feet
  • Net Operating Income: 41120.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 7240.00
  • Rent Control: No

Tax Info

  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2017
Sold by
Hum Far Yi
Bought by
Hum Far Yi and Hum Bwan Hwa
Current Estimated Value
$1,812,157

Purchase Details

Listed on
Dec 9, 2014
Closed on
Jun 5, 2015
Sold by
Yang Shu Tze
Bought by
Hum Far Yi and Hum Bwan Hwa
Seller's Agent
CHIEW LIM
High Ten Partners, Inc.
Buyer's Agent
Islina Abdullah
Berkshire Hathaway HSCP
List Price
$1,200,000
Sold Price
$1,075,000
Premium/Discount to List
-$125,000
-10.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$387,500
Outstanding Balance
$163,643
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$1,597,643
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
Hum Far Yi -- None Available
Hum Far Yi $1,075,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hum Far Yi $387,500
Previous Owner Chang Carol J $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2015 07/01/15 Sold $1,075,000 -10.4% $301 / Sq Ft
04/24/2015 04/24/15 Pending -- -- --
12/09/2014 12/09/14 For Sale $1,200,000 -- $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
2024 $15,867 $1,247,625 $464,232 $783,393
2023 $15,742 $1,223,163 $455,130 $768,033
2022 $15,001 $1,199,180 $446,206 $752,974
2021 $14,842 $1,175,667 $437,457 $738,210
2019 $14,327 $1,140,798 $424,483 $716,315
2018 $14,320 $1,118,430 $416,160 $702,270
2016 $13,175 $1,075,000 $400,000 $675,000
2015 $5,551 $395,219 $173,139 $222,080
2014 $5,507 $387,478 $169,748 $217,730
Source: Public Records

Agents Affiliated with this Home

  • CHIEW LIM

    Seller's Agent in 2015

    CHIEW LIM

    High Ten Partners, Inc.

    (626) 289-6660

    Section Image
  • Islina Abdullah

    Buyer's Agent in 2015

    Islina Abdullah

    Berkshire Hathaway HSCP

    (310) 941-3670

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14255696

California Regional Multiple Listing Service (CRMLS)

APN: 5357-009-015

California Los Angeles County Alhambra 91801 Ramona Park

1517 S Garfield Ave, Alhambra, CA

This home is located at 1517 S Garfield Ave, Alhambra, CA 91801 since 09 December 2014 and is currently estimated at $1,812,157, approximately $507 per square foot. This property was built in 1949. 1517 S Garfield Ave is a home located in Los Angeles County with nearby schools including Ramona Elementary School, Alhambra High School, and Emmaus Lutheran.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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