Seller's Agent in 2016
Kristopher German
RE/MAX
(909) 645-0443
127 Total Sales
217 N Maple Place Montebello, CA 90640
Estimated Value: $745,000 - $885,000
1
Bed
2
Baths
4,560
Sq Ft
$178/Sq Ft
Est. Value
About This Home
As of July 2016We are pleased to exclusively offer for sale this 10 unit multi-family investment property located in the city of Montebello. The subject property is comprised of two separate 5 unit parcels which are being sold as one offering. The units are a mix of six single story garden style units which have access to a front and rear entry which both lead to a garden walkway. The four remaining units are situated above the private garage parking. The current owner has owned the property for a number of years and has very conservative rental rates in place. A new investor can take advantage of repositioning the property with a modest investment of capital improvements which would substantiate raising the rents more in line with prevailing market rates. The subject property is situated in a primarily residential neighborhood and is walking distance to public schools, community parks and shopping.
Last Agent to Sell the Property
RE/MAX 2000 REALTY License #01800021 Listed on: 03/29/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 12,177 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 6 Car Garage
Home Design
- 4,560 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tax Lot 014
- Tax Tract Number 11
- Assessor Parcel Number 6337001004
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 10 Units
Building Details
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $1,825
- Maintenance Expense $7,333
- Other Expense $1,500
- Trash Expense $1,920
- Water Sewer Expense $1,675
- New Taxes Expense $17,655
- Gross Income $9,000
- Net Operating Income $72,252
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 26, 2012
Sold by
Bought by
Current Estimated Value
Purchase Details
Closed on
Apr 1, 2010
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,026
Interest Rate
5.5%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 8, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
7.99%
Purchase Details
Closed on
Jan 19, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
7.99%
Purchase Details
Closed on
Nov 16, 2000
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $385,000 | Fidelity National Title Co | ||
| -- | Fidelity National Title Co | ||
| -- | Fidelity National Title Co | ||
| $175,000 | Fidelity National Title Co | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $378,026 | ||
| Previous Owner | $130,500 | ||
| Closed | $43,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/15/2016 07/15/16 | Sold | $1,525,000 | -1.6% | $334 / Sq Ft |
| 05/24/2016 05/24/16 | Pending | -- | -- | -- |
| 02/18/2016 02/18/16 | For Sale | $1,550,000 | -- | $340 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,849 | $433,184 | $310,305 | $122,879 |
| 2024 | $6,582 | $424,691 | $304,221 | $120,470 |
| 2023 | $6,562 | $416,364 | $298,256 | $118,108 |
| 2022 | $6,342 | $408,201 | $292,408 | $115,793 |
| 2021 | $6,119 | $400,198 | $286,675 | $113,523 |
| 2019 | $5,852 | $388,329 | $278,173 | $110,156 |
| 2018 | $5,888 | $380,716 | $272,719 | $107,997 |
| 2016 | $5,642 | $365,934 | $262,130 | $103,804 |
| 2015 | $5,344 | $360,438 | $258,193 | $102,245 |
| 2014 | $5,274 | $353,379 | $253,136 | $100,243 |
Source: Public Records
Agents Affiliated with this Home
-
Kristopher German
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV16034503
APN: 6344-017-031
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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