NOT LISTED FOR SALE

197 Scherer Ave Walnut, CA 91789

Estimated Value: $918,927 - $1,080,000

3 Beds
2 Baths
1,226 Sq Ft
$806/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $940,000 $767 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,658/month

10 Days on Market

Highlights

  • Open Floorplan
  • Quartz Countertops
  • Covered Patio or Porch
  • Vejar Elementary School Rated A
  • No HOA
  • Hiking Trails

About This Home

As of October 2023

DON’T MISS OUT on this charming 3 bedroom 2 bathroom home located on a quiet cul-de-sac, in the heart of prestigious city of Walnut and the sought out Award Winning Walnut Valley Unified School District. This home exudes warmth, comfort, and modern elegance. Upon entering you are going to love the open concept living, dining, and kitchen area, updated laminate wood floors, and recessed lighting. The kitchen is equipped with quartz countertops, breakfast bar and stainless steel appliances. The home also features plantation shutters throughout, a large walk-in laundry room and it could also be an area for a pantry. Cozy dining area is with a brick fireplace. The detached 2 car garage has upgraded Flex Nitro Tiles flooring, the large driveway can easily fit a few cars, and up in the front yard is hardwired for 40 amp Level 2 car charger (actual charger not included). With over 40k in upgrades including covered patio and backyard remodeling completed in June 2023, the expansive newly remodeled backyard is ready for family gatherings. This property is conveniently located close to Mt. San Antonio College and Cal Poly Pomona, Metro, award winning school district, shopping, and major freeways. This gem awaits you!

Last Agent to Sell the Property

LADY LOURDES DEGUZMAN

HOMEQUEST REAL ESTATE License #01769253 Listed on: 09/16/2023

HOMEQUEST REAL ESTATE

Last Buyer's Agent

RUO HAN OU YANG

Partner Real Estate License #01881436

Partner Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 7,273 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Back and Front Yard
  • Property is zoned WAR17200*

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 1,226 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Plantation Shutters
  • Living Room
  • Dining Room with Fireplace
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Vejar Elementary School
  • Suzanne Middle School
  • Walnut High School

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tax Lot 54
  • Tax Tract Number 27883
  • Assessor Parcel Number 8720003019
  • $611 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: WAR17200*
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8720003019
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1226.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 766.72
  • Room Type: Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Window Features: Plantation Shutters
  • Room Kitchen Features: Kitchen Island, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Park, Suburban

Schools

  • Elementary School: Vejar
  • High School: Walnut
  • Middle Or Junior School: Suzanne
  • Elementary School #2: VEJAR
  • High School2: WALNUT

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped
  • Lot Size Sq Ft: 7273.00
  • Lot Size Acres: 0.1670

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7273.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4034.02
  • Tax Lot: 54
  • Tax Tract Number: 27883
  • TaxOtherAnnualAssessmentAmount: 611.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2023
Closed on
Oct 16, 2023
Sold by
Wickham Colton Lee and Wickham Brianna Nicole
Bought by
Chu Peter Wein-Wan and Chu Ron Kock
Seller's Agent
LADY LOURDES DEGUZMAN
HOMEQUEST REAL ESTATE
Buyer's Agent
RUO HAN OU YANG
Partner Real Estate
List Price
$902,000
Sold Price
$940,000
Premium/Discount to List
$38,000
4.21%
Views
434
Current Estimated Value
$988,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,482
Avg. Annual Appreciation
2.36%
Original Mortgage
$658,000
Outstanding Balance
$644,009
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$344,473

Purchase Details

Listed on
Sep 16, 2023
Closed on
Oct 6, 2023
Sold by
Olzvol Munkhnaran
Bought by
Chu Peter Wein-Wan
Seller's Agent
LADY LOURDES DEGUZMAN
HOMEQUEST REAL ESTATE
Buyer's Agent
RUO HAN OU YANG
Partner Real Estate
List Price
$902,000
Sold Price
$940,000
Premium/Discount to List
$38,000
4.21%
Views
434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$658,000
Outstanding Balance
$644,009
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$344,473

Purchase Details

Closed on
Jul 18, 2013
Sold by
Alatorre Javier and Alatorre Rosaura
Bought by
Alatorre Ashley Monnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2006
Sold by
Gwin Dennis D and Collins Karen S
Bought by
Alatorre Javier and Alatorre Rosaura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chu Peter Wein-Wan $940,000 Wfg National Title
Chu Peter Wein-Wan -- Wfg National Title
Alatorre Ashley Monnie $450,000 Title 365
Alatorre Ashley Monnie -- Title 365
Alatorre Javier $462,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chu Peter Wein-Wan $658,000
Previous Owner Alatorre Ashley Monnie $360,000
Previous Owner Alatorre Javier $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2023 10/31/23 Sold $940,000 +4.2% $767 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $902,000 +13.3% $736 / Sq Ft
06/04/2021 06/04/21 Sold $796,000 +2.0% $649 / Sq Ft View Prior Sale
05/05/2021 05/05/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $780,200 -- $636 / 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 $5,752 $452,168 $202,972 $249,196
2024 $5,752 $443,303 $198,993 $244,310
2023 $10,054 $828,157 $662,526 $165,631
2022 $9,846 $811,920 $649,536 $162,384
2021 $6,374 $509,622 $407,699 $101,923
2020 $6,295 $504,397 $403,519 $100,878
2019 $6,174 $494,507 $395,607 $98,900
2018 $5,883 $484,811 $387,850 $96,961
2016 $5,457 $465,988 $372,791 $93,197
2015 $5,488 $458,990 $367,192 $91,798
2014 $5,495 $450,000 $360,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23166957

California Regional Multiple Listing Service (CRMLS)

APN: 8720-003-019