NOT LISTED FOR SALE

205 S Bluff Rd Montebello, CA 90640

Estimated Value: $851,000 - $899,000

5 Beds
2 Baths
1,580 Sq Ft
$554/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $771,000 $488 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,595/month

12 Days on Market

Highlights

  • Open Floorplan
  • High Ceiling
  • Double Pane Windows
  • Bluff View
  • Private Yard
  • Living Room

About This Home

As of November 2021

Sueño Rancho Dos Casitas.
Two Ranch style attached Casitas on a large R3 Lot that measures 10,855 Sq Ft. Here you will find a remodeled open floor plan concept Main Casa with 3 bedrooms, 1 bath and a Remodeled open floor concept Second Casita with 2 beds, 1 bath; New double Pane windows throughout the property, Spanish tile has been laid through both Casitas to match the individual characteristics of each.
The lot has been sectioned to create an independent yard and flow for each Casita, while preserving the majority of the back yard open for the owner to explore all of the horticulture/gardening/landscaping possibilities of the property. The property has a permitted (Rocking She-Shed/Man-Cave) storage that could be converted into an ADU (check with city).
The property is conveniently located adjacent to the NEW Montebello Commercial HUB, schools, public transport, parks and the Rio Hondo River Trail.
Montebello is a good place to set roots. See you in Escrow.

Last Agent to Sell the Property

Coral Romero

Good Opportunity Company Inc. License #01914785 Listed on: 10/01/2021

Last Buyer's Agent

Armando Martinez

24 Hour Real Estate License #01714978

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 10,830 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Redwood Fence
  • Fence is in average condition
  • Private Yard
  • Back Yard
  • Density is up to 1 Unit/Acre

Property Views

  • Bluff
  • Mountain
  • Hills

Home Design

  • Ranch Style House
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,580 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Screens
  • Living Room
  • Tile Flooring
  • Range Hood

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Gravel Driveway

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 2
  • Tax Tract Number 1
  • Assessor Parcel Number 6349012057

Community Details

Overview

  • 2 Units

Recreation

  • Park
  • Horse Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Trash Expense $760
  • Water Sewer Expense $950
  • New Taxes Expense $7,345
  • Operating Expense $11,975
  • Gross Income $63,000
  • Net Operating Income $51,025

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 950.00
  • Zoning: MNR3YY
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 6349012057
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Open Floorplan, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 487.97
  • Room Type: Kitchen, Laundry, Living Room
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Foundation: Slab
  • Other Structures: Storage
  • View: Bluff, Hills, Mountain(s)
  • Fence: Yes
  • Fencing: Average Condition, Block, Chain Link, Redwood
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Range Hood, Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 760.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Horse Trails, Park, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Yard
  • Lot Size Sq Ft: 10830.00
  • Lot Size Acres: 0.2486

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 63000.00
  • Gross Scheduled Income: 63000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 10830.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 51025.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 11975.00
  • Rent Control: No
  • Total Expenses: 11975.00

Tax Info

  • New Taxes Expense: 7345.00
  • Tax Census Tract: 5321.01
  • Tax Lot: 2
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2020
Closed on
Feb 25, 2020
Sold by
Good Opportunity Homes & Lnvestments Inc
Bought by
Romero Francisco J and Suarez Jose
Seller's Agent
Coral Romero
Good Opportunity Company Inc.
Buyer's Agent
Coral Romero
Good Opportunity Company Inc.
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$875,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,165
Avg. Annual Appreciation
5.16%
Original Mortgage
$638,226
Outstanding Balance
$562,601
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$312,564

Purchase Details

Listed on
Mar 1, 2020
Closed on
Feb 20, 2020
Sold by
Suarez Maria G
Bought by
Suarez Jose
Seller's Agent
Coral Romero
Good Opportunity Company Inc.
Buyer's Agent
Coral Romero
Good Opportunity Company Inc.
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$638,226
Outstanding Balance
$562,601
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$312,564

Purchase Details

Closed on
Jul 20, 2018
Sold by
Maniaci Robert P
Bought by
Good Opportunity Homes & Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 16, 1993
Sold by
Maniaci Robert P and Maniaci Mary
Bought by
Maniaci Robert R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Romero Francisco J $650,000 Pacific Coast Title
Suarez Jose -- Pacific Coast Title
Good Opportunity Homes & Investments Inc $585,000 First American Title Company
Maniaci Robert R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Francisco J $638,226
Previous Owner Good Opportunity Homes & Investments Inc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2021 11/16/21 Sold $771,000 +5.0% $488 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $734,250 -4.8% $465 / Sq Ft
10/08/2021 10/08/21 Off Market $771,000 -- --
10/01/2021 10/01/21 For Sale $734,250 +13.0% $465 / Sq Ft
03/03/2020 03/03/20 Sold $650,000 0.0% $411 / Sq Ft View Prior Sale
03/02/2020 03/02/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $650,000 -- $411 / 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 $12,609 $818,190 $604,888 $213,302
2024 $11,994 $802,148 $593,028 $209,120
2023 $11,954 $786,420 $581,400 $205,020
2022 $11,642 $771,000 $570,000 $201,000
2021 $9,904 $656,734 $505,180 $151,554
2020 $9,023 $596,700 $496,740 $99,960
2019 $8,762 $585,000 $487,000 $98,000
2018 $1,804 $60,275 $27,984 $32,291
2016 $1,733 $57,937 $26,899 $31,038
2015 $1,680 $57,067 $26,495 $30,572
2014 $1,681 $55,950 $25,976 $29,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21218919

California Regional Multiple Listing Service (CRMLS)

APN: 6349-012-057