NOT LISTED FOR SALE

Estimated Value: $1,484,000 - $1,808,615

9 Beds
8 Baths
4,336 Sq Ft
$385/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $1,350,000 $311 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $10,284/month

102 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Detached Carport Space
  • J. Marion Roynon Elementary School Rated A-
  • Laundry Room
  • 4-minute walk to La Verne Sports Park

About This Home

As of August 2020

Very Spacious 4300 sqft apartment building , quiet affluent city of La Verne , ONE * Large 3 bedroom 2 bathroom and THREE * Spacious 2 bedroom 2 bathroom units , covered parking , common laundry facility , 1950-1956 Evergreen Street is priced for an immediate sale , Close proximity to Bonita High School , In n Out Burger , Stater Brother , Kohl's Dept , Theater, La Verne University , OLD Town shopping , restaurants , church and many more

Last Agent to Sell the Property

Hugo Chau

Re/Max Champions License #00921611 Listed on: 02/21/2020

Re/Max Champions

Last Buyer's Agent

Brian Demott

KELLER WILLIAMS REALTY COLLEGE PARK License #01758566

KELLER WILLIAMS REALTY COLLEGE PARK

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,111

Year Built

  • Built in 1965

Lot Details

  • 8,031 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 4,336 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Parking

  • Detached Carport Space
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 28559
  • Assessor Parcel Number 8375002021

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Fuel Expense $1,968
  • Insurance Expense $1,728
  • Trash Expense $2,616
  • Water Sewer Expense $3,420
  • New Taxes Expense $13,800
  • Operating Expense $26,523
  • Gross Income $83,268
  • Net Operating Income $58,869

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,111

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3420.00
  • Zoning: LVPR15A*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 8375002021
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 311.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Detached Carport

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Trash Expense: 2616.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8031.00
  • Lot Size Acres: 0.1844

Multi Family

  • Electric Expense: 480.00
  • Fuel Expense: 1968.00
  • Gross Income: 83268.00
  • Gross Scheduled Income: 83268.00
  • Insurance Expense: 1728.00
  • Lot Size Area: 8031.0000 Square Feet
  • Net Operating Income: 58869.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 24399.00
  • Rent Control: No
  • Total Actual Rent: 6939.00
  • Total Expenses: 26523.00

Tax Info

  • New Taxes Expense: 13800.00
  • Tax Census Tract: 4016.02
  • Tax Lot: 24
  • Tax Tract Number: 28559

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Aug 20, 2020
Sold by
Lv Evergreen Llc
Bought by
Okolo Anne
Seller's Agent
Hugo Chau
Re/Max Champions
Buyer's Agent
Brian Demott
KELLER WILLIAMS REALTY COLLEGE PARK
List Price
$1,388,880
Sold Price
$1,350,000
Premium/Discount to List
-$38,880
-2.8%
Current Estimated Value
$1,670,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,654
Avg. Annual Appreciation
4.24%
Original Mortgage
$1,350,000
Outstanding Balance
$1,195,312
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$475,342

Purchase Details

Listed on
Aug 31, 2016
Closed on
Sep 30, 2016
Sold by
Snyder Edward Nicholas
Bought by
Lv Evergreen Llc
Seller's Agent
David Sanford
David Sanford, Broker
Buyer's Agent
Hugo Chau
Re/Max Champions
List Price
$945,000
Sold Price
$930,000
Premium/Discount to List
-$15,000
-1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%

Purchase Details

Closed on
Jul 31, 2015
Sold by
Snyder E Nicholas
Bought by
Snyder Edward Nicholas and The Edward Nicholas Snyder Iii Trust

Purchase Details

Closed on
Aug 19, 2004
Sold by
Spencer Roger L
Bought by
Snyder E Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2004
Sold by
Spencer Roger L
Bought by
Spencer Roger L and Spencer Jill C

Purchase Details

Closed on
Nov 17, 2001
Sold by
Rrap Partnership
Bought by
Rrap Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.67%

Purchase Details

Closed on
Nov 4, 1997
Sold by
Renken John H
Bought by
Rrap Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.36%

Purchase Details

Closed on
Oct 3, 1997
Sold by
Merdkhanian Joseph K
Bought by
Renken John H and Renken Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.36%
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
Okolo Anne $1,350,000 Wfg National Title Co Of Ca
Lv Evergreen Llc $930,000 First American Title Company
Snyder Edward Nicholas -- None Available
Snyder E Nicholas $675,000 Alliance Title Company
Spencer Roger L -- --
Rrap Llc -- --
Spencer Roger L $340,000 --
Rrap Partnership -- --
Renken John H $240,000 Title Land Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okolo Anne $1,350,000
Previous Owner Snyder E Nicholas $540,000
Previous Owner Spencer Roger L $272,000
Previous Owner Renken John H $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2020 08/28/20 Sold $1,350,000 0.0% $311 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/31/2020 05/31/20 Off Market $1,350,000 -- --
02/21/2020 02/21/20 For Sale $1,388,880 +49.3% $320 / Sq Ft
10/18/2016 10/18/16 Sold $930,000 -1.6% $214 / Sq Ft View Prior Sale
08/31/2016 08/31/16 For Sale $945,000 -- $218 / 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 $17,111 $1,461,281 $757,701 $703,580
2024 $17,111 $1,432,630 $742,845 $689,785
2023 $16,731 $1,404,540 $728,280 $676,260
2022 $16,460 $1,377,000 $714,000 $663,000
2021 $16,148 $1,350,000 $700,000 $650,000
2020 $12,029 $986,923 $562,440 $424,483
2019 $11,961 $967,572 $551,412 $416,160
2018 $11,406 $948,600 $540,600 $408,000
2016 $9,668 $794,803 $280,241 $514,562
2015 $9,511 $782,865 $276,032 $506,833
2014 $9,423 $767,530 $270,625 $496,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20039032

California Regional Multiple Listing Service (CRMLS)

APN: 8375-002-021