NOT LISTED FOR SALE

2016 S Grandridge Ave Monterey Park, CA 91754

Estimated Value: $803,000 - $1,316,000

2 Beds
1 Bath
1,098 Sq Ft
$949/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $425,000 $387 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $6,300/month

105 Days on Market

Highlights

  • Den
  • Views
  • 1-Story Property
  • Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2015

Approved short sale in Monterrey Park. Includes approx. 1850 sq ft. with 3 bedrooms, 2 bathrooms, a big family room and a den that maybe used as an office with 8,875 sq. ft lot. Located near shopping centers and public transportation. Buyers and buyer's agent are to verify with the city. Seller or selling agent does not guarantee the accurate of this information. Buyers and buyer's agent to do their own investigation.Due to unpermitted additions, this property may not qualify for financing. Please submit your all-cash offer along with proof of funds.

Last Agent to Sell the Property

Elmer Ventura

HK Mega Real Estate & Investment License #01368257 Listed on: 03/17/2015

Last Buyer's Agent

Elmer Ventura

HK Mega Real Estate & Investment License #01368257

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,032

Year Built

  • Built in 1949

Lot Details

  • 8,775 Sq Ft Lot
  • Property is zoned MPR1*

Parking

  • Detached Garage

Interior Spaces

  • 1,098 Sq Ft Home
  • 1-Story Property
  • Den
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5273-006-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,032

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Living Area: 1098
  • Stories: 1
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: 12

Interior Features

  • Flooring: Mixed
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 1.00
  • Price Per S Q F T: 418.94

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Detached

Utilities

  • Cooling: Central
  • Heating: Forced Air

Lot Info

  • Assessor Parcel Number: 5273-006-003
  • Geocode Override: No
  • Lot Size Area: 8775

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2016
Sold by
Ctrain Enterprises Inc
Bought by
Palomino Boris and Palomino Amanda
Current Estimated Value
$1,041,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,400
Outstanding Balance
$504,710
Interest Rate
3.71%
Mortgage Type
Commercial
Estimated Equity
$536,997

Purchase Details

Closed on
Feb 29, 2016
Sold by
Trainotti Chris
Bought by
Ctrain Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,400
Outstanding Balance
$504,710
Interest Rate
3.71%
Mortgage Type
Commercial
Estimated Equity
$536,997

Purchase Details

Listed on
Mar 17, 2015
Closed on
Oct 13, 2015
Sold by
Au Wilfred W and Au Elvira M
Bought by
Trainotti Chris
Seller's Agent
Elmer Ventura
HK Mega Real Estate & Investment
Buyer's Agent
Elmer Ventura
HK Mega Real Estate & Investment
List Price
$460,000
Sold Price
$425,000
Premium/Discount to List
-$35,000
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$425,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 17, 2015
Closed on
Oct 1, 2015
Sold by
Trainotti Monica
Bought by
Trainotti Chris
Seller's Agent
Elmer Ventura
HK Mega Real Estate & Investment
Buyer's Agent
Elmer Ventura
HK Mega Real Estate & Investment
List Price
$460,000
Sold Price
$425,000
Premium/Discount to List
-$35,000
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2004
Sold by
Au Wilfred
Bought by
Au Elvira M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2004
Sold by
Gurrola Richard B and Gurrola Valerie M
Bought by
Au Elvira M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2002
Sold by
Gurrola Richard B and Gurrola Valerie M
Bought by
Gurrola Richard B and Gurrola Valerie M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Palomino Boris $575,000 Lawyers Title Company
Ctrain Enterprises Inc -- None Available
Trainotti Chris $425,000 Lawyers Title
Trainotti Chris -- Lawyers Title
Au Elvira M -- Gateway Title Company
Au Elvira M $460,000 Gateway Title Company
Gurrola Richard B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palomino Boris $636,400
Previous Owner Trainotti Chris $425,000
Previous Owner Au Elvira M $368,000
Closed Au Elvira M $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $425,000 -7.6% $387 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $460,000 0.0% $419 / Sq Ft
06/18/2015 06/18/15 Price Changed $460,000 +41.5% $419 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $325,000 -- $296 / Sq Ft
Source: The MLS

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 $10,032 $767,265 $544,543 $222,722
2024 $10,032 $752,221 $533,866 $218,355
2023 $10,060 $737,473 $523,399 $214,074
2022 $9,717 $723,014 $513,137 $209,877
2021 $9,386 $708,838 $503,076 $205,762
2019 $9,021 $687,815 $488,155 $199,660
2018 $8,151 $598,230 $478,584 $119,646
2016 $5,848 $425,000 $340,000 $85,000
2015 $6,145 $479,000 $362,000 $117,000
2014 $6,176 $479,000 $362,000 $117,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Elmer Ventura

    HK Mega Real Estate & Investment

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Map

Source: The MLS

MLS Number: 15-888189

The MLS

APN: 5273-006-003

California Los Angeles County Monterey Park 91754

2016 S Grandridge Ave, Monterey Park, CA

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