Seller's Agent in 2020
Fernando Ceretti
Coldwell Banker Envision
(562) 307-1166
24 Total Sales
227 S 5th St Montebello, CA 90640
Estimated Value: $1,187,000 - $1,545,000
8
Beds
5
Baths
3,473
Sq Ft
$389/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
Coldwell Banker Envision License #01398211 Listed on: 06/25/2020
Last Buyer's Agent
Coldwell Banker Envision License #01398211 Listed on: 06/25/2020
Property Details
Home Type
- Multi-Family
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
Coldwell Banker Envision
Buyer's Agent
Fernando Ceretti
Coldwell Banker Envision
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
$251,290
Avg. Annual Appreciation
3.75%
Original Mortgage
$879,200
Outstanding Balance
$779,616
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$570,674
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
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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 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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
| 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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