NOT LISTED FOR SALE

1624 S Sierra Vista Ave Alhambra, CA 91801

Estimated Value: $1,177,602 - $1,478,000

5 Beds
4 Baths
2,341 Sq Ft
$581/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $730,000 $312 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $7,950/month

23 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Central Heating and Cooling System
  • Martha Baldwin Elementary School Rated A-

About This Home

As of February 2014

Two units house with very nice floor plan and in very good condition. Front unit: 1411 Sqft, 3 bedrooms, 2.5 bathrooms; Back unit: 930 Sqft, 2 bedrooms, 2 bathroom.

Last Agent to Sell the Property

JING KELLY WEI

KINGSTON REALTY License #01866943 Listed on: 11/14/2013

Last Buyer's Agent

JING KELLY WEI

KINGSTON REALTY License #01866943 Listed on: 11/14/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,037

Year Built

  • Built in 1960

Lot Details

  • 8,186 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 37
  • Tax Tract Number 5795
  • Assessor Parcel Number 5359021007

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • Trash Expense $500
  • New Taxes Expense $8,000
  • Gross Income $4,200
  • Net Operating Income $2,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,037

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Ad Number: 6262352206
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5359021007
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Trash Expense: 500.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8186.00
  • Lot Size Acres: 0.1880

Multi Family

  • Gross Income: 4200.00
  • Gross Scheduled Income: 4200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 8186.0000 Square Feet
  • Net Operating Income: 2900.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1300.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Lot: 37
  • Tax Tract Number: 5795
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2013
Closed on
Dec 30, 2013
Sold by
Tong Janice King Chun and Janice King Chun Tong Family T
Bought by
Sun Aiying
Seller's Agent
JING KELLY WEI
KINGSTON REALTY
Buyer's Agent
JING KELLY WEI
KINGSTON REALTY
List Price
$769,000
Sold Price
$730,000
Premium/Discount to List
-$39,000
-5.07%
Current Estimated Value
$1,359,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,151
Avg. Annual Appreciation
5.45%
Original Mortgage
$236,818
Outstanding Balance
$177,263
Interest Rate
4.17%
Mortgage Type
Seller Take Back
Estimated Equity
$1,181,888

Purchase Details

Closed on
Oct 1, 2012
Sold by
Tong Janice King Chun
Bought by
Tong Janice King Chun and Janice King Chun Tong Family T

Purchase Details

Closed on
Sep 27, 2012
Sold by
Qin Leo Zhao Li and Tong Janice King Chun
Bought by
Tong Janice King Chun

Purchase Details

Closed on
Jan 15, 2011
Sold by
Qin Leo Zhao Li and Tong Janice King Chun
Bought by
Qin Leo Zhao Li and Tong Janice King Chun

Purchase Details

Closed on
Jul 23, 2007
Sold by
Qin Zhao Lin and Tong Janice K
Bought by
Qin Zhao Lin and Tong Janice K

Purchase Details

Closed on
May 25, 2004
Sold by
Qin Zhao Li and Tong Janice K
Bought by
Qin Zhao Li and Tong Janice K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2004
Sold by
Tong Janice K and Tong Calvin M
Bought by
Quin Zhao Li and Tong Janice K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 1999
Sold by
Tong Janice K
Bought by
Tong Janice K and Tong Calvin M

Purchase Details

Closed on
Sep 22, 1993
Sold by
Bebek Madeline and The Bebek Living Trust
Bought by
Long Janice K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
6.85%
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 Buyer Sale Price Title Company
Sun Aiying $250,000 Lawyers Title
Tong Janice King Chun -- None Available
Tong Janice King Chun -- None Available
Qin Leo Zhao Li -- None Available
Qin Zhao Lin -- None Available
Qin Zhao Li -- --
Quin Zhao Li -- Southland Title
Tong Janice K -- --
Long Janice K $255,000 United Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Aiying $236,818
Previous Owner Quin Zhao Li $280,000
Previous Owner Long Janice K $191,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2014 02/14/14 Sold $730,000 -5.1% $312 / Sq Ft
12/07/2013 12/07/13 Pending -- -- --
11/14/2013 11/14/13 For Sale $769,000 -- $328 / 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 $10,037 $817,546 $514,555 $302,991
2024 $10,037 $801,516 $504,466 $297,050
2023 $9,931 $785,801 $494,575 $291,226
2022 $9,456 $770,394 $484,878 $285,516
2021 $9,353 $755,289 $475,371 $279,918
2020 $9,303 $747,545 $470,497 $277,048
2019 $9,024 $732,888 $461,272 $271,616
2018 $8,991 $718,519 $452,228 $266,291
2016 $8,260 $690,619 $434,668 $255,951
2015 $8,135 $680,246 $428,139 $252,107
2014 $5,523 $436,759 $271,083 $165,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13231349

California Regional Multiple Listing Service (CRMLS)

APN: 5359-021-007