$430,000
SOLD APR 20, 2018

1520 W Colegrove Ave Montebello, CA 90640

3 Beds
2 Baths
1,658 Sq Ft
5,968 Sq Ft Lot

Recently Sold

$259 Per Sq Ft

1% Above List Price

71 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Laundry Room
  • 1-Story Property
  • No HOA

About This Home

As of October 2018

Attention Rehabbers, handymen, and Do-it-Yourselfers, this property is calling you. PRICED BELOW MARKET VALUE. 3 bedroom, 2 bath, with detached 2 car garage. This investment opportunity will not qualify for a traditional financing due to roof repairs, missing toilet, water heater, and water damage throughout. This property has lots of potential and character for those looking for the original TUDOR STYLE HOME. Entrance leads to living room with a fireplace and original oak wood floors. The den connects living room and kitchen. Kitchen is in need of repairs/upgrades. The attic may be converted into office/living space. Most of the windows are original and fair condition, but few have been replaced. Both bathrooms need repairs. The 3rd room- Master bedroom, has it's own private entrance and 2nd fireplace. The 2 garage has been used as storage and attic was converted to a room. The large backyard is facing a separate patio located behind the garage. Property is walking distance to the Famous BROGUIERE'S FARM FRESH DAIRY & ENTENMANN'S BAKERY OUTLET. Also, 16 minutes walking distance to Montebello/ Commerce Metrolink Station (0.08 miles away). PROPERTY SOLD "AS-IS" CONDITION.

Last Agent to Sell the Property

Alex Veloz

Assurant Properties License #01713165 Listed on: 01/31/2018

Last Buyer's Agent

Autumn Yuan

Re/Max Premier Prop Arcadia License #01801341

Re/Max Premier Prop Arcadia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,607

Year Built

  • Built in 1926

Lot Details

  • 5,968 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned MNR1YY

Parking

  • 2 Car Garage

Interior Spaces

  • 1,658 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 5442
  • Assessor Parcel Number 6337032030

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,607

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: MNR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6337032030
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1658.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 259.35
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Montebello Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5968.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5320.01
  • Tax Lot: 32
  • Tax Tract Number: 5442

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
Sep 20, 2018
Sold by
Cui Winnie Y and Xu Le
Bought by
Zhuang Yu Bai and Xia Guan Yan
Seller's Agent
Autumn Yuan
Re/Max Premier Prop Arcadia
Buyer's Agent
WILLIAM KWOO
COLDWELL BANKER NEW CENTURY
List Price
$568,000
Sold Price
$525,000
Premium/Discount to List
-$43,000
-7.57%
Current Estimated Value
$787,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,521
Avg. Annual Appreciation
5.80%
Original Mortgage
$393,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2018
Closed on
Apr 17, 2018
Sold by
La Investment Properties Inc
Bought by
Cui Winnie Y and Xu Le
Seller's Agent
Alex Veloz
Assurant Properties
Buyer's Agent
Autumn Yuan
Re/Max Premier Prop Arcadia
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.33%

Purchase Details

Listed on
Nov 6, 2016
Closed on
Sep 21, 2017
Sold by
Gutierrez Hugo
Bought by
La Investment Properties Inc
Seller's Agent
Alex Veloz
Assurant Properties
Buyer's Agent
Alex Veloz
Assurant Properties
List Price
$430,000
Sold Price
$325,000
Premium/Discount to List
-$105,000
-24.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.94%
Original Mortgage
$292,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2016
Closed on
Sep 13, 2017
Sold by
Iinuma Katsura
Bought by
Gutierrez Hugo
Seller's Agent
Alex Veloz
Assurant Properties
Buyer's Agent
Alex Veloz
Assurant Properties
List Price
$430,000
Sold Price
$325,000
Premium/Discount to List
-$105,000
-24.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2002
Sold by
Iinuma Katsura
Bought by
Iinuma Katsura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
4.27%
Mortgage Type
Unknown

Purchase Details

Closed on
May 2, 1997
Sold by
Yuasa Daisuke
Bought by
Iinuma Katsura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.25%

Purchase Details

Closed on
Nov 8, 1996
Sold by
Iinuma Katsura
Bought by
Iinuma Katsura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
8.06%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $525,000 Lawyers Title Insurance Comp
Grant Deed $430,000 Ticor Title Co
Quit Claim Deed -- None Available
Grant Deed $325,000 Provident Title Company
Interfamily Deed Transfer -- California Counties Title Co
Quit Claim Deed -- Fidelity Title
Interfamily Deed Transfer -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $393,000 New Conventional
Previous Owner $292,500 New Conventional
Previous Owner $132,000 No Value Available
Previous Owner $102,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $525,000 -7.6% $317 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $568,000 +32.1% $343 / Sq Ft
04/20/2018 04/20/18 Sold $430,000 0.0% $259 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
03/29/2018 03/29/18 Price Changed $430,000 +1.2% $259 / Sq Ft
03/09/2018 03/09/18 For Sale $425,000 -1.2% $256 / Sq Ft
02/16/2018 02/16/18 Off Market $430,000 -- --
02/06/2018 02/06/18 Price Changed $425,000 0.0% $256 / Sq Ft
02/06/2018 02/06/18 For Sale $425,000 -1.2% $256 / Sq Ft
02/02/2018 02/02/18 Off Market $430,000 -- --
01/31/2018 01/31/18 For Sale $399,000 -7.2% $241 / Sq Ft
01/31/2018 01/31/18 Off Market $430,000 -- --
10/04/2017 10/04/17 Sold $325,000 0.0% $196 / Sq Ft
03/18/2017 03/18/17 Pending -- -- --
12/10/2016 12/10/16 Off Market $325,000 -- --
12/10/2016 12/10/16 For Sale $430,000 +32.3% $259 / Sq Ft
11/08/2016 11/08/16 Off Market $325,000 -- --
11/06/2016 11/06/16 For Sale $430,000 -- $259 / 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 $8,607 $585,642 $457,137 $128,505
2024 $8,607 $574,160 $448,174 $125,986
2023 $8,586 $562,903 $439,387 $123,516
2022 $8,297 $551,867 $430,772 $121,095
2021 $8,008 $541,047 $422,326 $118,721
2020 $7,899 $535,500 $417,996 $117,504
2019 $7,666 $525,000 $409,800 $115,200
2018 $6,948 $456,000 $300,000 $156,000
2017 $4,454 $284,548 $201,654 $82,894
2016 $4,353 $278,969 $197,700 $81,269
2015 $4,129 $274,780 $194,731 $80,049
2014 $4,077 $269,398 $190,917 $78,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18023180

California Regional Multiple Listing Service (CRMLS)

APN: 6337-032-030