NOT LISTED FOR SALE

229 N 3rd St Montebello, CA 90640

Estimated Value: $952,000 - $1,056,000

6 Beds
3 Baths
2,802 Sq Ft
$351/Sq Ft Est. Value

Last Sold August 15, 2013

Last sale price $450,000 $161 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $6,016/month

About This Home

As of August 2013

Nice two Units North Montebello , hard to find two on a lot. Back Unit Built in 1990 has 4 Beds 2.5 Baths with Big Master Bedroom . front Unit 2 Bed. 1 Bath. Both Units have a 2 car garage each.

Last Agent to Sell the Property

Frank Valenzuela

UNITED BROKERS REALTY License #01023504 Listed on: 08/01/2013

Last Buyer's Agent

Martin Perez

UNITED BROKERS REALTY License #00967615

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,448

Year Built

  • Built in 1928

Lot Details

  • 6,746 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 2,802 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Private Water Source
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 7512
  • Assessor Parcel Number 6346016019

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $750
  • Insurance Expense $850
  • Water Sewer Expense $1,000
  • New Taxes Expense $5,625
  • Gross Income $44,400
  • Net Operating Income $36,175

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,448

Year Built

Built in 1928

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1000.00
  • Property Type: Residential Income
  • Gardener Expense: 750.00
  • Parcel Number: 6346016019
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 160.60

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Sewer Paid
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6746.00
  • Lot Size Acres: 0.1550

Multi Family

  • Gross Income: 44400.00
  • Gross Scheduled Income: 44400.00
  • Insurance Expense: 850.00
  • Lot Size Area: 6746.0000 Square Feet
  • Net Operating Income: 36175.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8225.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5625.00
  • Tax Lot: 14
  • Tax Tract Number: 7512
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2013
Closed on
Jun 20, 2013
Sold by
Mendoza Graciela
Bought by
Muro Jose and Valenzuela Javier
Seller's Agent
Frank Valenzuela
UNITED BROKERS REALTY
Buyer's Agent
Martin Perez
UNITED BROKERS REALTY
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$982,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$532,444
Avg. Annual Appreciation
6.69%
Original Mortgage
$427,121
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2011
Sold by
Valenzuela Frank J and Valenzuela Eugenia
Bought by
Mendoza Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,959
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2006
Sold by
Briones Earl I
Bought by
Valenzuela Frank J and Valenzuela Eugenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2003
Sold by
Briones Bertha
Bought by
Briones Earl I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2003
Sold by
Mendoza Alberto
Bought by
Briones Earl I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2002
Sold by
Valenzuela Frank J and Valenzuela Eugenia
Bought by
Mendoza Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.88%

Purchase Details

Closed on
Oct 3, 2002
Sold by
Mendoza Graciela
Bought by
Mendoza Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.88%
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
Muro Jose $435,000 Old Republic Title Company
Mendoza Graciela $396,000 Calcounties Title Nation
Valenzuela Frank J $470,000 Southland Title
Briones Earl I -- Gateway Title Company
Briones Earl I $360,000 Gateway Title Company
Mendoza Alberto $300,000 Orange Coast Title
Mendoza Alberto -- Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muro Jose $507,500
Closed Muro Jose $423,513
Previous Owner Muro Jose $427,121
Previous Owner Mendoza Graciela $384,959
Previous Owner Valenzuela Frank J $545,000
Previous Owner Valenzuela Frank J $94,000
Previous Owner Valenzuela Frank J $376,000
Previous Owner Briones Earl I $296,000
Previous Owner Mendoza Alberto $285,000
Closed Briones Earl I $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2013 08/15/13 Sold $450,000 0.0% $161 / Sq Ft
08/01/2013 08/01/13 For Sale $450,000 -- $161 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
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 $8,448 $533,238 $245,166 $288,072
2024 $8,448 $522,783 $240,359 $282,424
2023 $8,411 $512,534 $235,647 $276,887
2022 $8,130 $502,485 $231,027 $271,458
2021 $7,827 $492,634 $226,498 $266,136
2020 $7,675 $487,584 $224,176 $263,408
2019 $7,461 $478,025 $219,781 $258,244
2018 $7,518 $468,653 $215,472 $253,181
2016 $7,200 $450,456 $207,106 $243,350
2015 $6,833 $443,691 $203,996 $239,695
2014 $7,184 $435,000 $200,000 $235,000
Source: Public Records

Agents Affiliated with this Home

  • Frank Valenzuela

    Seller's Agent in 2013

    Frank Valenzuela

    UNITED BROKERS REALTY

    (562) 244-6100

    1 in this area

    12 Total Sales

    Frank Valenzuela
    Section Image
  • Martin Perez

    Buyer's Agent in 2013

    Martin Perez

    UNITED BROKERS REALTY

    (562) 254-5457

    1 in this area

    81 Total Sales

    Martin Perez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB13155485

California Regional Multiple Listing Service (CRMLS)

APN: 6346-016-019

California Los Angeles County Montebello 90640

229 N 3rd St, Montebello, CA

This home is located at 229 N 3rd St, Montebello, CA 90640 since 01 August 2013 and is currently estimated at $982,444, approximately $350 per square foot. This property was built in 1928. 229 N 3rd St is a home located in Los Angeles County with nearby schools including Fremont Elementary School, La Merced Intermediate School, and Montebello High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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