NOT LISTED FOR SALE

16156 Central Ave La Puente, CA 91744

Estimated Value: $1,016,000 - $1,362,513

8 Beds
4 Baths
3,645 Sq Ft
$343/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $935,000 $257 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $7,937/month

Highlights

  • Craftsman Architecture
  • Laundry Room
  • Fenced
  • No HOA

About This Home

As of May 2020

SOLD BEFORE ENTRY!!!

PROPERTY WAS DELIVERED VACANT AT CLOSE OF ESCROW!

Last Agent to Sell the Property

Frank Parra

Century 21 Masters License #01324312 Listed on: 11/01/2019

Century 21 Masters

Last Buyer's Agent

Trinidad Gaeta

Re/Max Top Producers License #01194324

Re/Max Top Producers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 0.26 Acre Lot
  • Two or More Common Walls
  • Fenced
  • Fence is in good condition

Parking

  • 6 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 3,645 Sq Ft Home
  • Craftsman Architecture
  • Modern Architecture
  • Property Attached
  • Combination Foundation
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Rain Gutters

Listing and Financial Details

  • Legal Lot and Block 12 / 21
  • Tax Tract Number 4077
  • Assessor Parcel Number 8246018027

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $100
  • Insurance Expense $1,200
  • New Taxes Expense $11,688
  • Operating Expense $1,300
  • Gross Income $10,800
  • Net Operating Income $7,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Zoning: LPR2*
  • Architectural Style: Craftsman, Modern
  • Property Type: Residential Income
  • Parcel Number: 8246018027
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 256.52

Exterior Features

  • Foundation: Combination, Raised
  • Fence: Yes
  • Fencing: Good Condition
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11329.00
  • Lot Size Acres: 0.2601

Multi Family

  • Average1 Bed Area: 1200 Square Feet
  • Average2 Bed Area: 1000 Square Feet
  • Average Studio Area: 800 Square Feet
  • Electric Expense: 100.00
  • Gross Income: 10800.00
  • Gross Scheduled Income: 10800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 11329.0000 Square Feet
  • Net Operating Income: 7800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 3000.00
  • Rent Control: Yes
  • Total Expenses: 1300.00

Tax Info

  • New Taxes Expense: 11688.00
  • Tax Block: 21
  • Tax Census Tract: 4077.02
  • Tax Lot: 12
  • Tax Tract Number: 4077.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Apr 3, 2020
Sold by
Reyes Patricia A and Chavez Revocable Trust
Bought by
Chen Lidian Huiping
Seller's Agent
Frank Parra
Century 21 Masters
Buyer's Agent
Trinidad Gaeta
Re/Max Top Producers
List Price
$1,025,000
Sold Price
$935,000
Premium/Discount to List
-$90,000
-8.78%
Current Estimated Value
$1,321,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,883
Avg. Annual Appreciation
5.19%
Original Mortgage
$240,000
Outstanding Balance
$215,464
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,034,914

Purchase Details

Listed on
Nov 1, 2019
Closed on
Mar 10, 2020
Sold by
Wong Aaron
Bought by
Chen Lidian Huiping
Seller's Agent
Frank Parra
Century 21 Masters
Buyer's Agent
Trinidad Gaeta
Re/Max Top Producers
List Price
$1,025,000
Sold Price
$935,000
Premium/Discount to List
-$90,000
-8.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$215,464
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,034,914

Purchase Details

Closed on
Mar 9, 2002
Sold by
Chavez Eugenio B and Chavez Paula G
Bought by
Chavez Eugenio B and Chavez Paula G

Purchase Details

Closed on
Apr 9, 1996
Sold by
Chavez Eugenio B and Chavez Paula G
Bought by
Chavez Eugenio B and Chavez Paula G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.41%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Chen Lidian Huiping $938,000 Chicago Title Company
Chen Lidian Huiping -- Chicago Title Company
Chavez Eugenio B -- --
Chavez Eugenio B -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Lidian Huiping $240,000
Previous Owner Chavez Eugenio B $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2020 05/01/20 Sold $935,000 -8.8% $257 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $1,025,000 -- $281 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,863 $1,025,836 $599,316 $426,520
2024 $12,863 $1,005,722 $587,565 $418,157
2023 $12,544 $986,003 $576,045 $409,958
2022 $12,185 $966,670 $564,750 $401,920
2021 $11,967 $947,717 $553,677 $394,040
2020 $2,670 $129,230 $24,629 $104,601
2019 $2,637 $126,697 $24,147 $102,550
2018 $2,400 $124,214 $23,674 $100,540
2016 $2,225 $119,392 $22,755 $96,637
2015 $2,190 $117,600 $22,414 $95,186
2014 $2,183 $115,297 $21,975 $93,322
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20085262

California Regional Multiple Listing Service (CRMLS)

APN: 8246-018-027