NOT LISTED FOR SALE

206 E Madison Ave Montebello, CA 90640

Estimated Value: $653,000 - $854,000

3 Beds
2 Baths
876 Sq Ft
$863/Sq Ft Est. Value

Last Sold January 17, 2018

Last sale price $512,000 $584 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,695/month

46 Days on Market

About This Home

As of January 2018

This home is located at 206 E Madison Ave, Montebello, CA 90640 since 09 October 2017 and is currently estimated at $756,050, approximately $863 per square foot. This property was built in 1923. 206 E Madison Ave is a home located in Los Angeles County with nearby schools including La Merced Elementary School, La Merced Intermediate School, and Montebello High School.

Last Agent to Sell the Property

rigoberto melchor

Executive Bankers Realty License #01156943 Listed on: 10/09/2017

Last Buyer's Agent

Wendy Tejeda

Century 21 Allstars License #01752688

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 3,348 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 876 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 5175
  • Assessor Parcel Number 6347006008

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $350
  • Insurance Expense $350
  • Trash Expense $39
  • Water Sewer Expense $55
  • New Taxes Expense $475
  • Operating Expense $1,269
  • Net Operating Income $600

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 55.00
  • Zoning: MNR2YY
  • Property Type: Residential Income
  • Parcel Number: 6347006008
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 584.47

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 39.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3348.00

Multi Family

  • Electric Expense: 350.00
  • Insurance Expense: 350.00
  • Net Operating Income: 600.00
  • 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: 600.00
  • Rent Control: No
  • Total Expenses: 1269.00

Tax Info

  • New Taxes Expense: 475.00
  • Tax Census Tract: 5301.01
  • Tax Lot: 2
  • Tax Tract Number: 5175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2025
Sold by
Vazquez Juan M
Bought by
Vazquez Family Trust and Vazquez
Current Estimated Value
$756,050

Purchase Details

Listed on
Oct 9, 2017
Closed on
Dec 20, 2017
Sold by
Rico Dolores S
Bought by
Vazquez Juan M
Seller's Agent
rigoberto melchor
Executive Bankers Realty
Buyer's Agent
Wendy Tejeda
Century 21 Allstars
List Price
$525,000
Sold Price
$512,000
Premium/Discount to List
-$13,000
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$497,816
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 2017
Sold by
Sanchz Francisco Javier Martinez
Bought by
Rico Dolores S and Sanchez Angel Martinez

Purchase Details

Closed on
Dec 15, 2011
Sold by
Rico Ramon S
Bought by
Rico Ramon S and Rico Dolores S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vazquez Family Trust -- None Listed On Document
Vazquez Juan M $507,000 Provident Title Company
Rico Dolores S -- Provident Title Company
Rico Ramon S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vazquez Juan M $497,816
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2018 01/17/18 Sold $512,000 +3.4% $584 / Sq Ft
11/24/2017 11/24/17 Pending -- -- --
11/06/2017 11/06/17 Price Changed $495,000 -5.7% $565 / Sq Ft
10/09/2017 10/09/17 For Sale $525,000 -- $599 / 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 $8,891 $582,562 $468,781 $113,781
2024 $8,891 $571,140 $459,590 $111,550
2023 $8,854 $559,942 $450,579 $109,363
2022 $8,553 $548,964 $441,745 $107,219
2021 $8,244 $538,201 $433,084 $105,117
2019 $7,856 $522,240 $420,240 $102,000
2018 $3,271 $178,480 $78,527 $99,953
2016 $3,144 $171,552 $75,479 $96,073
2015 $3,005 $168,976 $74,346 $94,630
2014 $2,977 $165,667 $72,890 $92,777
Source: Public Records

Agents Affiliated with this Home

  • r

    Seller's Agent in 2018

    rigoberto melchor

    Executive Bankers Realty

    (323) 440-0145

    12 Total Sales

    rigoberto melchor
    Section Image
  • Wendy Tejeda

    Buyer's Agent in 2018

    Wendy Tejeda

    Century 21 Allstars

    (323) 383-3299

    23 Total Sales

    Wendy Tejeda
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17232776

California Regional Multiple Listing Service (CRMLS)

APN: 6347-006-008

California Los Angeles County Montebello 90640

206 E Madison Ave, Montebello, CA

Not Listed for Sale

MultiFamily

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