NOT LISTED FOR SALE

2212 Orange Grove Ave Alhambra, CA 91803

Estimated Value: $1,419,000 - $1,493,000

5 Beds
3 Baths
2,630 Sq Ft
$557/Sq Ft Est. Value

Last Sold July 05, 2013

Last sale price $740,000 $281 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $8,684/month

134 Days on Market

About This Home

As of July 2013

INVESTMENT OPPORTUNITIES FOR BUYER! Three detached units currently occupied by LONG TERMS tenants.

Last Agent to Sell the Property

Eric Tran

Greenfield Realty License #01214955 Listed on: 06/07/2013

Last Buyer's Agent

Simon Lee

Transparent Properties, Inc. License #01493654

Transparent Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,309

Year Built

  • Built in 1965

Lot Details

  • 7,144

Parking

  • 3 Parking Spaces

Home Design

  • 2,630 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • 7,144 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 5352020009

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $40
  • Insurance Expense $900
  • Water Sewer Expense $500
  • New Taxes Expense $5,311
  • Gross Income $3,175
  • Net Operating Income $31,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,309

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 3.91
  • View: No
  • Water Sewer Expenses: 500.00
  • Property Type: Residential Income
  • Gardener Expense: 40.00
  • Parcel Number: 5352020009
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 281.37

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7144.00
  • Lot Size Acres: 0.1640

Multi Family

  • Gross Income: 3175.00
  • Gross Multiplier: 21.00
  • Gross Scheduled Income: 38100.00
  • Insurance Expense: 900.00
  • Net Operating Income: 31260.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 6840.00

Tax Info

  • New Taxes Expense: 5311.00
  • Tax Area: 1797
  • Tax Lot: 49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2020
Sold by
Lam Chi Kong and Lai Man Yee
Bought by
Chi Kong Lam And Man Yee Lai Revocable Trust and Lam
Current Estimated Value
$1,466,000

Purchase Details

Closed on
Dec 18, 2020
Sold by
Shing Sau
Bought by
Lam Chi Kong

Purchase Details

Listed on
Jun 7, 2013
Closed on
Jun 26, 2013
Sold by
Dang Linda
Bought by
Shing Sau and Lam Chi K
Seller's Agent
Eric Tran
Greenfield Realty
Buyer's Agent
Simon Lee
Transparent Properties, Inc.
List Price
$800,000
Sold Price
$740,000
Premium/Discount to List
-$60,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$555,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2012
Sold by
Dang Linda and Tang Tak
Bought by
Dang Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.47%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 23, 1993
Sold by
Dang Linda and Tang Tak
Bought by
Dang Linda and Tang Tak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.95%

Purchase Details

Closed on
Oct 18, 1993
Sold by
Luong Frank and Luong Yolanda Sui
Bought by
Dang Linda and Tang Tak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.95%
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
Chi Kong Lam And Man Yee Lai Revocable Trust -- None Listed On Document
Lam Chi Kong -- None Listed On Document
Lam Chi Kong -- None Listed On Document
Shing Sau $740,000 Title365
Dang Linda -- Advantage Title Inc
Dang Linda -- --
Dang Linda $290,000 Western Cities Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shing Sau $555,000
Previous Owner Dang Linda $365,000
Previous Owner Dang Linda $10,000
Previous Owner Dang Linda $300,000
Previous Owner Dang Linda $150,000
Previous Owner Dang Linda $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2013 07/05/13 Sold $740,000 -7.5% $281 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $800,000 -- $304 / 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 $11,309 $907,128 $539,374 $367,754
2024 $11,309 $889,343 $528,799 $360,544
2023 $11,225 $871,906 $518,431 $353,475
2022 $10,699 $854,811 $508,266 $346,545
2021 $10,584 $838,050 $498,300 $339,750
2020 $10,528 $829,458 $493,191 $336,267
2019 $10,218 $813,195 $483,521 $329,674
2018 $10,175 $797,251 $474,041 $323,210
2016 $9,361 $766,295 $455,635 $310,660
2015 $9,221 $754,785 $448,791 $305,994
2014 $9,109 $740,000 $440,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P846615

California Regional Multiple Listing Service (CRMLS)

APN: 5352-020-009