NOT LISTED FOR SALE

1830 Rainbow Terrace Ln Montebello, CA 90640

Estimated Value: $550,000 - $598,000

2 Beds
1.5 Baths
1,174 Sq Ft
$487/Sq Ft Est. Value

Last Sold December 06, 2022

Last sale price $555,000 $473 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,095/month

21 Days on Market

Highlights

  • City Lights View
  • 5.87 Acre Lot
  • 2 Car Attached Garage
  • Potrero Heights Elementary School Rated 10
  • Community Pool
  • Living Room

About This Home

As of December 2022

Spacious 2 bedroom, 1.5 bath townhome located in the well maintained Mountain View Terrace area of Montebello with beautiful tranquil city and hill views. Living room opens to the private patio, great for entertaining. Large dining area with ample storage connects to the kitchen and half bath. Upstairs the main bedroom includes a walk in closet, secondary bedroom with 2 closets and completely renovated bathroom with white subway tiles, penny tile flooring and granite countertop. Two car attached garage is accessible from the secondary level making it very convenient with laundry on same level as bedrooms. This unit is one of the only in the development to include a driveway for extra parking. The community features a pool and is near to the Edison Trail, golf course, Whittier Narrows park, shopping and close freeway access.

Last Agent to Sell the Property

Laurie Cappadocia

Property Red License #01874298 Listed on: 09/29/2022

Last Buyer's Agent

Cuong Tam Nguyen

Triumph Real Estate Solutions License #02146451

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1977

Lot Details

  • 5.87

HOA Fees

  • $398 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,174 Sq Ft Home
  • Living Room
  • City Lights Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 28688
  • Assessor Parcel Number 5275025010
  • $634 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 185 Units
  • Mountain View Terrace Association, Phone Number (626) 967-7921
  • Lordon Mgmt Co HOA

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1977

Lot Details

5.87 Acres

HOA Fees

$398 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: MNR4D46PD*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5275025010
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1174.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 472.74
  • Room Type: All Bedrooms Up, Kitchen, Living Room

Exterior Features

  • View: City Lights
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Insurance, Trash, Water, Pets Permitted
  • Association Fee: 398.00
  • Association Fee Frequency: Monthly
  • Association Name: Mountain View Terrace
  • Phone: 626.967.7921
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
  • Association Management: Lordon Mgmt Co

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 255676.00
  • Lot Size Acres: 5.8695

Multi Family

  • Lease Considered: No
  • Lot Size Area: 255676.0000 Square Feet
  • Number Of Units In Community: 185
  • Number Of Units Total: 184

Tax Info

  • Tax Census Tract: 4825.22
  • Tax Lot: 4
  • Tax Tract Number: 28688
  • TaxOtherAnnualAssessmentAmount: 634.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Oct 24, 2022
Sold by
Frias Norvin and Omoto-Frias Tamela
Bought by
Ho Thuy Thu and Huynh Huy Thuan
Seller's Agent
Laurie Cappadocia
Property Red
Buyer's Agent
Cuong Tam Nguyen
Triumph Real Estate Solutions
List Price
$570,000
Sold Price
$555,000
Premium/Discount to List
-$15,000
-2.63%
Views
67
Current Estimated Value
$572,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,048
Avg. Annual Appreciation
0.92%
Original Mortgage
$527,250
Outstanding Balance
$499,936
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$72,112

Purchase Details

Closed on
Jun 23, 2005
Sold by
Deltoro Javier A and Deltoro Del Toro
Bought by
Frias Norvin and Omoto Tamela

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
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2000
Sold by
Chrisp William Bryan
Bought by
Chrisp Virginia A

Purchase Details

Closed on
Jul 10, 1998
Sold by
Son Hwan G and Son In Ja
Bought by
Deltoro Javier A and Deltoro Del Toro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
7%
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
Ho Thuy Thu $555,000 Chicago Title Company
Frias Norvin $350,000 First American Title Co
Chrisp Virginia A -- Commonwealth Land Title Co
Deltoro Javier A $125,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Thuy Thu $527,250
Previous Owner Frias Norvin $280,000
Previous Owner Deltoro Javier A $93,750
Closed Deltoro Javier A $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2022 12/06/22 Sold $555,000 -2.6% $473 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $570,000 -- $486 / 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 $8,256 $577,421 $396,808 $180,613
2024 $8,256 $566,100 $389,028 $177,072
2023 $8,330 $555,000 $381,400 $173,600
2022 $6,688 $450,700 $325,668 $125,032
2021 $6,442 $441,864 $319,283 $122,581
2020 $5,938 $407,000 $293,000 $114,000
2019 $5,590 $386,000 $278,000 $108,000
2018 $5,798 $386,000 $278,000 $108,000
2016 $4,891 $323,000 $233,000 $90,000
2015 $4,075 $276,000 $200,000 $76,000
2014 $4,094 $276,000 $200,000 $76,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22212483

California Regional Multiple Listing Service (CRMLS)

APN: 5275-025-010

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