NOT LISTED FOR SALE

Estimated Value: $896,000 - $1,009,000

2 Beds
2 Baths
1,645 Sq Ft
$594/Sq Ft Est. Value

Sale Details

Date Sold: January 22, 2013

Last sale price $430,000 $261 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $5,739 / mo

58 Days on Market

Highlights

  • No HOA
  • Converted Garage
  • Laundry Room
  • Alhambra High School Rated A-
  • Cooling System Mounted To A Wall/Window

About This Home

As of January 2013

Large units. each unit has bright living room, formal dining room, kitchen, laundry room, large bedroom. 20 S Meridian Ave - has newer carpet in the living room and bedroom. 2 car detached garage, large back yard. Close to downtown Los Angeles and Alhambra. close to bus lines, close to Costco, banks, restaurants. very convenient location.

Last Agent to Sell the Property

Jason Zen

Elite Realty Group License #00902854 Listed on: 11/06/2012

Last Buyer's Agent

Lori Peng

Sweet Dragon Realty Corp License #01392758

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 6,487 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Converted Garage
  • Parking Available

Home Design

  • 1,645 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 4948
  • Assessor Parcel Number 5292007006

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $360
  • Water Sewer Expense $1,440
  • New Taxes Expense $5,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

6,487 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1440.00
  • Property Type: Residential Income
  • Parcel Number: 5292007006
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 261.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Converted Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Available
  • Laundry: Yes
  • Laundry Features: Common Area
  • Trash Expense: 360.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6487.00
  • Lot Size Acres: 0.1490

Multi Family

  • Insurance Expense: 1000.00
  • Lot Size Area: 6487.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 910.00

Tax Info

  • New Taxes Expense: 5600.00
  • Tax Lot: 6
  • Tax Tract Number: 4948
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2012
Closed on
Jan 11, 2013
Sold by
Sinclair Vanessa A
Bought by
Ko George Kai
Seller's Agent
Jason Zen
Elite Realty Group
Buyer's Agent
Lori Peng
Sweet Dragon Realty Corp
List Price
$465,000
Sold Price
$430,000
Premium/Discount to List
-$35,000
-7.53%
Current Estimated Value
$976,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$546,989
Avg. Annual Appreciation
6.37%
Original Mortgage
$280,000
Outstanding Balance
$194,138
Interest Rate
3.31%
Mortgage Type
New Conventional
Estimated Equity
$782,851

Purchase Details

Closed on
Jul 30, 2010
Sold by
Sinclair Vanessa A
Bought by
Sinclair Vanessa A

Purchase Details

Closed on
Dec 31, 2007
Sold by
Sinclair Vanessa A
Bought by
Sinclair Vanessa A and Sinclair Ed G

Purchase Details

Closed on
Oct 12, 2001
Sold by
Machian Daniel
Bought by
Sinclair Vanessa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.87%

Purchase Details

Closed on
Sep 18, 2001
Sold by
Sinclair Ed G
Bought by
Sinclair Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.87%

Purchase Details

Closed on
Sep 16, 1999
Sold by
Machian Ivette
Bought by
Sinclair Ed G and Desinclair Shirley

Purchase Details

Closed on
Apr 6, 1994
Sold by
Sinclair Ed G
Bought by
Machian Daniel A and Machian Ivette

Purchase Details

Closed on
Dec 17, 1993
Sold by
Machian Daniel A
Bought by
Sinclair Ed G and Desinclair Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,500
Interest Rate
7.2%
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
Ko George Kai $430,000 Fidelity National Title
Sinclair Vanessa A -- None Available
Sinclair Vanessa A -- None Available
Sinclair Vanessa A -- North American Title Co
Sinclair Vanessa -- --
Sinclair Ed G -- --
Machian Daniel A -- --
Sinclair Ed G -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ko George Kai $280,000
Previous Owner Sinclair Vanessa A $172,500
Previous Owner Sinclair Ed G $141,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2013 01/22/13 Sold $430,000 -7.5% $261 / Sq Ft
01/03/2013 01/03/13 Pending -- -- --
11/06/2012 11/06/12 For Sale $465,000 -- $283 / 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 $6,704 $529,501 $344,794 $184,707
2024 $6,704 $519,120 $338,034 $181,086
2023 $6,666 $508,942 $331,406 $177,536
2022 $6,356 $498,963 $324,908 $174,055
2021 $6,288 $489,181 $318,538 $170,643
2019 $6,073 $474,674 $309,091 $165,583
2018 $6,056 $465,368 $303,031 $162,337
2016 $5,576 $447,299 $291,265 $156,034
2015 $5,493 $440,581 $286,890 $153,691
2014 $5,431 $431,952 $281,271 $150,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR12137534

California Regional Multiple Listing Service (CRMLS)

APN: 5292-007-006

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