$1,530,000
SOLD DEC 17, 2012
-- Bed
-- Bath
2,587 Sq Ft
6,022 Sq Ft Lot

Recently Sold

$591 Per Sq Ft

15 Days on Market

About This Home

As of December 2012

Montana Avenue triplex can be delivered with 1 unit vacant at close of escrow. Charming property in the Franklin school district and convenient to bus lines, markets and shops. Two, 2 bedroom 1 bath units comprise the main building and there is a 1 bedroom 1 bath apartment above the 2 car garage. Main building is appx 2137 sqft.Very private, fenced, grassy front yard area and lovely courtyard with patio and garden areas in back. One of the 2 bedrooms has a private laundry area, second laundry room off garage. Unit #3 rent is "potential" as this unit is owner occupied. Each of the 2 bedrooms has parking for 1 car in the shared garage. Great investment opportunity.

Last Agent to Sell the Property

John Hathorn

Compass License #00960182 Listed on: 09/27/2012

Compass

Last Buyer's Agent

John Hathorn

Compass License #00960182 Listed on: 09/27/2012

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,240

Year Built

  • Built in 1949

Lot Details

  • 6,022 Sq Ft Lot
  • Lot Dimensions are 50x120

Home Design

  • Triplex
  • Traditional Architecture

Interior Spaces

  • 2,587 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Garage Space

Utilities

  • Gravity Heating System
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4278-020-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,240

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2587
  • Lot Dimensions: 50x120
  • Stories: 2
  • Year Built: 1949
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Dryer, Range/Oven, Washer
  • Price Per S Q F T: 589.49

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage
  • Total Parking: 2

Utilities

  • Heating: Gravity, Wall
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 4278-020-010
  • Lot Size Area: 6022

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 17.67
  • Number Of Units: 3
  • Rent Control: 100%
  • Total Annual Expense: 17756
  • Type Of Units: Triplex
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2015
Sold by
Chen Chow and Chen Roland Meyer
Bought by
Chen Chow
Current Estimated Value
$2,815,199

Purchase Details

Closed on
Aug 16, 2014
Sold by
Chen Chow
Bought by
Meyer Chen Chow and Meyer Chen Roland

Purchase Details

Listed on
Sep 27, 2012
Closed on
Oct 18, 2012
Sold by
Lorda Frances Anne
Bought by
Chen Chow
Seller's Agent
John Hathorn
Compass
Buyer's Agent
John Hathorn
Compass
List Price
$1,525,000
Sold Price
$1,530,000
Premium/Discount to List
$5,000
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$900,000
Interest Rate
3.35%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $1,530,000 Fidelity-Van Nuys
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $763,000 New Conventional
Previous Owner $900,000 New Conventional
Previous Owner $611,000 Unknown
Previous Owner $603,000 Unknown
Previous Owner $540,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2021 12/11/21 Rented $4,250 0.0% --
12/01/2021 12/01/21 For Rent $4,250 0.0% --
12/17/2012 12/17/12 Sold $1,530,000 +0.3% $591 / Sq Ft
10/12/2012 10/12/12 Pending -- -- --
09/27/2012 09/27/12 For Sale $1,525,000 -- $589 / Sq Ft
Source: The MLS

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 $22,240 $1,884,076 $1,760,938 $123,138
2024 $22,240 $1,847,134 $1,726,410 $120,724
2023 $21,882 $1,810,916 $1,692,559 $118,357
2022 $21,607 $1,775,409 $1,659,372 $116,037
2021 $21,070 $1,740,598 $1,626,836 $113,762
2020 $20,926 $1,722,751 $1,610,155 $112,596
2019 $20,713 $1,688,973 $1,578,584 $110,389
2018 $19,458 $1,655,857 $1,547,632 $108,225
2016 $18,828 $1,591,560 $1,487,537 $104,023
2015 $18,584 $1,567,654 $1,465,193 $102,461
2014 $18,329 $1,536,946 $1,436,492 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-626951

The MLS

APN: 4278-020-010