229 N 5th St Montebello, CA 90640
Estimated Value: $1,358,038 - $1,453,000
7
Beds
4
Baths
3,244
Sq Ft
$432/Sq Ft
Est. Value
Highlights
- Dual Staircase
- Cooling System Mounted To A Wall/Window
- Level Lot
- Contemporary Architecture
- Laundry Room
- Carpet
About This Home
As of September 2016Back on the Market!!!First time on the market since built! These custom built units have been well cared for, each unit has an extra large master bedroom, the kitchen is nice and open with a large eating area. Large carport in the back, community laundry room, roof is only 1 year old, water heat is also 1 year old. Complex is located in a great area of North Montebello with in walking distance of shops, schools and hospital. The property consisted of 4 units 3 two bedroom 1 bath units and one 1 bedroom 1 bath unit. This property is not located in any type of rent control restrictions. Going rents for a two bedroom in the area is $1,400 for a 2 bedroom and $1,100 for a 1 bedroom. Please do not walk on property or disturb the tenants. Buy this property with and FHA loan with only 3.5% down.
Last Agent to Sell the Property
Century 21 Allstars License #01028116 Listed on: 05/16/2016
Last Buyer's Agent
Ernesto Ramos
Excellence RE Real Estate, Inc. License #01160122
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,980
Year Built
- Built in 1979
Lot Details
- 6,817 Sq Ft Lot
- No Common Walls
- Level Lot
Parking
- 6 Car Garage
- Carport
- Parking Available
- Assigned Parking
Home Design
- Contemporary Architecture
- Stucco
Interior Spaces
- 3,244 Sq Ft Home
- Dual Staircase
- Laundry Room
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 8
- Tax Tract Number 5426
- Assessor Parcel Number 6346014009
Community Details
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $576
- Gardener Expense $360
- Insurance Expense $1,400
- Trash Expense $2,160
- Water Sewer Expense $1,800
- New Taxes Expense $11,125
- Operating Expense $20,000
- Gross Income $4,000
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2016
Closed on
Aug 24, 2016
Sold by
Jauregui Ruben G
Bought by
Martinez Miguel and Martinez Mary
Seller's Agent
Armando Gonzalez
Century 21 Allstars
Buyer's Agent
Ernesto Ramos
Excellence RE Real Estate, Inc.
List Price
$890,000
Sold Price
$850,000
Premium/Discount to List
-$40,000
-4.49%
Total Days on Market
99
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
$551,260
Avg. Annual Appreciation
5.86%
Purchase Details
Closed on
May 31, 2016
Sold by
Jauregui Ruben G and Jauregui Gloria
Bought by
Jauregui Ruben G and Jauregui Gloria
Similar Homes in the area
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 |
|---|---|---|---|
| Martinez Miguel | $850,000 | Old Republic Title Company | |
| Jauregui Ruben G | -- | Accommodation |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Jauregui Ruben G | $291,450 | |
| Previous Owner | Jauregui Ruben G | $285,000 | |
| Previous Owner | Jauregui Ruben G | $267,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2016 09/02/16 | Sold | $850,000 | -2.2% | $262 / Sq Ft |
| 08/08/2016 08/08/16 | Price Changed | $869,000 | -0.7% | $268 / Sq Ft |
| 07/14/2016 07/14/16 | Price Changed | $875,000 | -1.7% | $270 / Sq Ft |
| 05/16/2016 05/16/16 | For Sale | $890,000 | -- | $274 / 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 |
|---|---|---|---|---|
| 2024 | $13,980 | $967,151 | $568,914 | $398,237 |
| 2023 | $13,966 | $948,188 | $557,759 | $390,429 |
| 2022 | $13,504 | $929,597 | $546,823 | $382,774 |
| 2021 | $13,054 | $911,370 | $536,101 | $375,269 |
| 2019 | $12,556 | $884,340 | $520,200 | $364,140 |
| 2018 | $12,745 | $867,000 | $510,000 | $357,000 |
| 2016 | $3,663 | $217,679 | $26,279 | $191,400 |
| 2015 | $3,477 | $214,410 | $25,885 | $188,525 |
| 2014 | $3,450 | $210,211 | $25,378 | $184,833 |
Source: Public Records
Agents Affiliated with this Home
-
Armando Gonzalez
Seller's Agent in 2016
Armando Gonzalez
Century 21 Allstars
(562) 708-0517
6 in this area
82 Total Sales
-
E
Buyer's Agent in 2016
Ernesto Ramos
Excellence RE Real Estate, Inc.
(562) 863-2121
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW16104275
APN: 6346-014-009
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