NOT LISTED FOR SALE

Estimated Value: $1,151,000 - $1,516,000

5 Beds
4 Baths
2,913 Sq Ft
$476/Sq Ft Est. Value

Last Sold January 05, 2017

Last sale price $985,000 $338 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $8,384/month

31 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • No HOA
  • La Fetra Elementary School Rated A
  • Corner Lot
  • Walk-In Pantry

About This Home

As of January 2017

Great investment opportunity for rental income. Excellent location in North Glendora with mountain views. Quiet neighborhood close to Glendora Village, Excellent school district. The property consists of 2 buildings. The front building has 2 units. The first unit on the first floor is 1472 Sq.ft (approx.) and has 2 bedrooms 2 baths. The second unit is on the second floor and is 950 Sq.ft (approx.) and has 2 bedrooms 1 bath. The third unit in the back building is 528 Sq.ft (approx.) and consists of 1 bedroom 1 bath and also has a 2 car garage. There are 4 parking spaces in the back of the property. All the units are spacious, bright, and airy. Many recent upgrades including updated copper plumbing and drain pipes, dual pane windows, updates central A/C & heating in all 3 units. New Paint inside and out. New concrete walkways throughout. New wood fencing. New carpet & laminated flooring. All 3 units have laundry hook ups. 200 Sq.ft storage area in walk-in basement. Very beautifully landscaped front and backyard. A must see!

Last Agent to Sell the Property

Joe Maalouf

Jose Maalouf, Broker License #02011408 Listed on: 10/17/2016

Last Buyer's Agent

Robert Cofer

CENTURY 21 MASTERS License #01947262

CENTURY 21 MASTERS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 7,065 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Driveway
  • Parking Lot
  • Assigned Parking

Home Design

  • Shingle Roof
  • Pre-Cast Concrete Construction
  • Copper Plumbing

Interior Spaces

  • 2,913 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Storage
  • Mountain Views
  • Basement

Kitchen

  • Walk-In Pantry
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 17
  • Tax Tract Number 4010
  • Assessor Parcel Number 8637019017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Foothills

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $1,500
  • Trash Expense $1,080
  • Water Sewer Expense $720
  • New Taxes Expense $12,000
  • Gross Income $67,800
  • Net Operating Income $51,660

Property Details

Home Type

Multi-Family

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Inclusions: All the appliances that belongs to the seller.
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 720.00
  • Zoning: GDR2
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 8637019017
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Full, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Price Per Square Foot: 338.14
  • Room Type: Basement, Living Room, Walk-In Closet, Walk-In Pantry

Exterior Features

  • Other Structures: Storage
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Concrete

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Concrete, Garage, Parking Space, Side by Side
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Dryer Included, Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included
  • Sewer: Unknown
  • Trash Expense: 1080.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Foothills, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 6500-9999
  • Lot Size Sq Ft: 7065.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 67800.00
  • Gross Scheduled Income: 67800.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 51660.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Dishwasher: 1
  • Number With Disposal: 3
  • Number With Patio: 1
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 16140.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Census Tract: 4010.02
  • Tax Lot: 17
  • Tax Tract Number: 4010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2016
Closed on
Nov 22, 2016
Sold by
Sakaoghli Harout and Harout Sakaoghli Trust
Bought by
Montanez Jorge Rodriguez and Mendez Michelle Nicole
Seller's Agent
Joe Maalouf
Jose Maalouf, Broker
Buyer's Agent
Robert Cofer
CENTURY 21 MASTERS
List Price
$999,000
Sold Price
$985,000
Premium/Discount to List
-$14,000
-1.4%
Current Estimated Value
$1,386,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,416
Avg. Annual Appreciation
3.87%
Original Mortgage
$656,500
Outstanding Balance
$535,607
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$850,809

Purchase Details

Listed on
Aug 2, 2015
Closed on
Sep 18, 2015
Sold by
Mayr Troy A and Mayr Kelley J
Bought by
Sakaohli Harout and Harout Sakaougli Trust
Seller's Agent
Karen Peterson
MR. REAL ESTATE
Buyer's Agent
Hiba Matta
Re/Max Premier Prop SanMarino
List Price
$738,000
Sold Price
$672,000
Premium/Discount to List
-$66,000
-8.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.13%

Purchase Details

Closed on
Feb 16, 2011
Sold by
Sakaoghli Harout
Bought by
Sakaoghli Harout

Purchase Details

Closed on
Sep 23, 2010
Sold by
Chatman Antonio
Bought by
Sakaoghli Harout

Purchase Details

Closed on
May 29, 2007
Sold by
Mayr Troy A and Mayr Kelley J
Bought by
Mayr Troy A and Mayr Kelley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2006
Sold by
Mayr Troy A and Mayr Kelley J
Bought by
Mayr Troy A and Mayr Kelley J

Purchase Details

Closed on
Jun 8, 2005
Sold by
Kone Daniel L
Bought by
Sakaoghli Harout

Purchase Details

Closed on
Oct 8, 2003
Sold by
Reyes Ralph and Reyes Jeannine E
Bought by
Mayr Troy and Mayr Kelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 1998
Sold by
Marquez Marilyn L
Bought by
Reyes Ralph and Reyes Jeannine E

Purchase Details

Closed on
Oct 14, 1997
Sold by
Usrey Susan K and Brierly Susan K
Bought by
Reyes Ralph and Reyes Jeannine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
7.13%
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
Montanez Jorge Rodriguez $985,000 Provident Title Company
Sakaohli Harout $672,000 Fidelity National Title Co
Sakaoghli Harout -- None Available
Sakaoghli Harout $17,627 Orange Coast Title
Mayr Troy A -- Accommodation
Mayr Troy A -- Chicago Title Co
Mayr Troy A -- None Available
Sakaoghli Harout $510,000 Lawyers Title
Mayr Troy $467,000 Stewart Title
Reyes Ralph -- Southland Title Corporation
Reyes Ralph $245,000 United Title
Brierly Susan K -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montanez Jorge Rodriguez $656,500
Previous Owner Mayr Troy A $493,000
Previous Owner Mayr Troy $344,000
Previous Owner Reyes Ralph $183,750
Closed Reyes Ralph $24,500
Closed Mayr Troy $64,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2017 01/05/17 Sold $985,000 -1.4% $338 / Sq Ft
10/17/2016 10/17/16 For Sale $999,000 +48.7% $343 / Sq Ft
10/01/2015 10/01/15 Sold $672,000 -6.4% $231 / Sq Ft View Prior Sale
09/24/2015 09/24/15 Pending -- -- --
09/08/2015 09/08/15 Price Changed $718,000 -2.7% $246 / Sq Ft
08/02/2015 08/02/15 For Sale $738,000 -- $253 / 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 $13,707 $1,143,171 $794,998 $348,173
2024 $13,707 $1,120,757 $779,410 $341,347
2023 $13,403 $1,098,782 $764,128 $334,654
2022 $13,156 $1,077,239 $749,146 $328,093
2021 $12,944 $1,056,117 $734,457 $321,660
2020 $12,516 $1,045,289 $726,927 $318,362
2019 $12,231 $1,024,794 $712,674 $312,120
2018 $11,958 $1,004,700 $698,700 $306,000
2017 $8,387 $685,440 $469,608 $215,832
2016 $8,234 $672,000 $460,400 $211,600
2015 $6,792 $552,453 $236,595 $315,858
2014 $6,776 $541,632 $231,961 $309,671
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16727435

California Regional Multiple Listing Service (CRMLS)

APN: 8637-019-017