NOT LISTED FOR SALE

216 N 3rd St Montebello, CA 90640

Estimated Value: $766,820 - $936,000

2 Beds
1 Bath
1,628 Sq Ft
$522/Sq Ft Est. Value

Last Sold July 21, 2018

Last sale price $610,000 $375 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,365/month

42 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Level Lot
  • Private Yard
  • Laundry Room
  • 1-Story Property

About This Home

As of July 2018

Nice Duplex in a great residential of Montebello just South of Beverly Blvd. on 3rd St. Walk to the Beverly Hospital. Elementary school is at the end of the street. The street is mixed with duplex's and single family homes. Both units are 2 bedroom 1 bath and are nice layouts. They even have laundry rooms inside both units. There is one 2 car detached garage in the rear of the property. This is a great bread and butter investment. Built on a raised foundation and will be delivered vacant at close of escrow. The two units are separated by a common wall between them. There is yard area surrounding the units.

Last Agent to Sell the Property

Mark Troughton

Sell-N-Save Real Estate License #00767862 Listed on: 05/04/2018

Last Buyer's Agent

Martin Torres

T.N.G Real Estate Consultants License #01343297

T.N.G Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,285

Year Built

  • Built in 1952

Lot Details

  • 6,105 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,628 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 24
  • Tax Tract Number 4986
  • Assessor Parcel Number 6346017026

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $1,200
  • Trash Expense $1,008
  • Water Sewer Expense $1,300
  • New Taxes Expense $7,500
  • Operating Expense $11,808

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,285

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1300.00
  • Zoning: MNR2YY
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 6346017026
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 374.69

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Trash Expense: 1008.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level, Near Public Transit, Yard
  • Lot Size Sq Ft: 6105.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 810 Square Feet
  • Insurance Expense: 1200.00
  • Maintenance Percent: 3.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 11808.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Census Tract: 5301.01
  • Tax Lot: 24
  • Tax Tract Number: 4986

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Jul 16, 2018
Sold by
Magana Iracema
Bought by
Magana Ricky
Seller's Agent
Mark Troughton
Sell-N-Save Real Estate
Buyer's Agent
Martin Torres
T.N.G Real Estate Consultants
List Price
$599,950
Sold Price
$610,000
Premium/Discount to List
$10,050
1.68%
Total Days on Market
42
Current Estimated Value
$849,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,455
Avg. Annual Appreciation
4.71%
Original Mortgage
$457,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2018
Closed on
Jun 12, 2018
Sold by
Guidry Larry
Bought by
Magana Ricky
Seller's Agent
Mark Troughton
Sell-N-Save Real Estate
Buyer's Agent
Martin Torres
T.N.G Real Estate Consultants
List Price
$599,950
Sold Price
$610,000
Premium/Discount to List
$10,050
1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2010
Sold by
Oganesoff Mary
Bought by
Oganesoff Mary and The Mary Oganesoff Trust
Source: Public Records

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Range of Values:

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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
Magana Ricky -- Fidelity National Title
Magana Ricky $610,000 Fidelity National Title
Oganesoff Mary -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magana Ricky $467,000
Closed Magana Ricky $457,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2018 07/21/18 Sold $610,000 +1.7% $375 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $599,950 -- $369 / 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
2024 $10,285 $667,119 $499,794 $167,325
2023 $10,248 $654,040 $489,995 $164,045
2022 $9,902 $641,217 $480,388 $160,829
2021 $9,545 $628,645 $470,969 $157,676
2019 $9,108 $610,000 $457,000 $153,000
2018 $7,952 $505,000 $303,000 $202,000
2017 $63 $62,895 $28,705 $34,190
2016 $1,764 $61,663 $28,143 $33,520
2015 $1,709 $60,738 $27,721 $33,017
2014 $1,706 $59,549 $27,178 $32,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18105803

California Regional Multiple Listing Service (CRMLS)

APN: 6346-017-026