Seller's Agent in 2020
Fernando Ceretti
Berkshire Hathaway H.S.C.P.
(562) 307-1166
25 Total Sales
227 S 5th St Montebello, CA 90640
Estimated Value: $1,206,000 - $1,627,000
8
Beds
5
Baths
3,473
Sq Ft
$412/Sq Ft
Est. Value
About This Home
As of August 2020Great fourplex in the City of Montebello. All four units include 2 bedrooms and 1 bath with their own individual carport. The units are kept clean, maintain, and well taken care of. Ideally for a great return on your investment. Long term tenants. Located in near shopping, school, parks and 5, 60, and 605 freeways
Last Agent to Sell the Property
Berkshire Hathaway H.S.C.P. License #01398211 Listed on: 06/25/2020
Last Buyer's Agent
Berkshire Hathaway H.S.C.P. License #01398211 Listed on: 06/25/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,667
Year Built
- Built in 1962
Lot Details
- 6,214 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Interior Spaces
- 3,473 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Parking
- 4 Parking Spaces
- 4 Carport Spaces
Location
- Urban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 29
- Tax Tract Number 29
- Assessor Parcel Number 6349010032
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Fuel Expense $1,780
- Gardener Expense $420
- Insurance Expense $2,400
- Water Sewer Expense $3,900
- New Taxes Expense $13,750
- Operating Expense $22,250
- Gross Income $5,714
- Net Operating Income $12,438
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2020
Closed on
Jul 10, 2020
Sold by
Ochoa Jose E
Bought by
Song Daniel
Seller's Agent
Fernando Ceretti
Berkshire Hathaway H.S.C.P.
Buyer's Agent
Fernando Ceretti
Berkshire Hathaway H.S.C.P.
List Price
$1,099,000
Sold Price
$1,099,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,868
Avg. Annual Appreciation
5.34%
Original Mortgage
$879,200
Outstanding Balance
$783,083
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$648,785
Purchase Details
Closed on
Oct 26, 2018
Sold by
Ochoa Eloy and Ochoa Jose Arturo
Bought by
Ochoa Jose E
Purchase Details
Closed on
Jun 28, 2012
Sold by
Rego David
Bought by
Ochoa Jose E and Ochoa Herlinda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 10, 2010
Sold by
Bray Marian Louise
Bought by
Flandrick John R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
4.35%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 22, 2010
Sold by
Flandrick John R
Bought by
Rego David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
4.35%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 1, 2009
Sold by
Bray Marian Louise
Bought by
Flandrick John R
Purchase Details
Closed on
Dec 1, 2004
Sold by
Flandrick John R and Bray Marian Louise
Bought by
Flandrick John R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Song Daniel | $1,099,000 | Wfg Title Company | |
| Ochoa Jose E | -- | None Available | |
| Ochoa Jose E | $600,000 | Itc | |
| Flandrick John R | -- | Lawyers Title | |
| Rego David | -- | Lawyers Title | |
| Flandrick John R | -- | None Available | |
| Flandrick John R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Song Daniel | $879,200 | |
| Previous Owner | Ochoa Jose E | $400,000 | |
| Previous Owner | Rego David | $24,000 | |
| Previous Owner | Flandrick John R | $440,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2020 08/10/20 | Sold | $1,099,000 | 0.0% | $316 / Sq Ft |
| 06/25/2020 06/25/20 | For Sale | $1,099,000 | +87.9% | $316 / Sq Ft |
| 09/19/2012 09/19/12 | Sold | $585,000 | 0.0% | $172 / Sq Ft |
| 06/21/2012 06/21/12 | Pending | -- | -- | -- |
| 06/13/2012 06/13/12 | For Sale | $585,000 | -- | $172 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $16,667 | $1,189,591 | $541,216 | $648,375 |
| 2024 | $16,667 | $1,166,266 | $530,604 | $635,662 |
| 2023 | $16,652 | $1,143,399 | $520,200 | $623,199 |
| 2022 | $16,098 | $1,120,980 | $510,000 | $610,980 |
| 2021 | $15,561 | $1,099,000 | $500,000 | $599,000 |
| 2020 | $9,922 | $675,587 | $225,195 | $450,392 |
| 2019 | $9,623 | $662,341 | $220,780 | $441,561 |
| 2018 | $9,732 | $649,354 | $216,451 | $432,903 |
| 2016 | $9,292 | $624,141 | $208,047 | $416,094 |
| 2015 | $8,781 | $614,766 | $204,922 | $409,844 |
| 2014 | $8,668 | $602,724 | $200,908 | $401,816 |
Source: Public Records
Agents Affiliated with this Home
-
Fernando Ceretti
-
O
Seller's Agent in 2012
OLIVIA LAMARQUE
DOMINIUM REAL ESTATE
-
P
Buyer's Agent in 2012
Paul Aguilar
UNITED BROKERS REALTY
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW20121056
APN: 6349-010-032
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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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