J
Seller's Agent in 2018
John Fairbanks
Coldwell Banker Realty
(626) 390-2000
8 Total Sales
2316 Del Mar Rd Montrose, CA 91020
Sparr Heights NeighborhoodEstimated Value: $1,339,000 - $1,611,823
5
Beds
3
Baths
2,107
Sq Ft
$691/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Wood Flooring
- Cooling System Mounted To A Wall/Window
- John C. Fremont Elementary School Rated A-
- Cul-De-Sac
- Laundry Room
About This Home
As of June 2018Bread & Butter Units, Owner/User or Live In One and Rent The Others! Rare opportunity in Montrose to own three units on LCR3YY zoning. The Cape Cod style front house features charming dormer windows and front stoop; additional features of the main residence include three bedrooms that includes a very spacious upstairs bedroom, one bath downstairs, formal living room with fireplace and wood floors, kitchen & service porch, formal dining room with wood floors a view to the backyard, a spacious and private backyard and a two-car detached garage is available for the exclusive use of this unit. There is also a walk-down basement where the washer/dryer are housed. The additional two units are a Traditional Style duplex with one bedroom and one bathroom each; uncovered parking spaces are also included; each unit has a patio area backyard ideal for sitting outside and enjoying the California Lifestyle. One unit is currently vacant and has been refurbished with new carpeting, new paint and bathroom is in excellent condition. This unit also includes a stove, window Air Conditioning Unit and a new refrigerator. The one bedroom and one bathroom unit is occupied and also in very nice condition. All Tenants show pride of ownership!
Last Agent to Sell the Property
Coldwell Banker Realty License #00972895 Listed on: 04/30/2018
Co-Listed By
Marion Fairbanks
Coldwell Banker Realty License #01009669
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,375
Year Built
- Built in 1949 | Remodeled
Lot Details
- 7,848 Sq Ft Lot
- No Common Walls
- Cul-De-Sac
- Rectangular Lot
- Level Lot
- Back and Front Yard
Parking
- 2 Car Garage
- Parking Available
- Two Garage Doors
- Driveway
Home Design
- Cape Cod Architecture
- Contemporary Architecture
- Traditional Architecture
- Combination Foundation
- Raised Foundation
- Slab Foundation
- Frame Construction
- Shingle Roof
- Wood Siding
- Stucco
Interior Spaces
- 2-Story Property
- Wood Burning Fireplace
- Living Room with Fireplace
- Gas Range
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Wall Furnace
- Gravity Heating System
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 384
- Assessor Parcel Number 5807002056
Community Details
Overview
- 3 Units
Building Details
- 2 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,456
- Trash Expense $768
- Water Sewer Expense $1,644
- New Taxes Expense $12,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2018
Closed on
May 7, 2018
Sold by
Frank Rudolph E and Frank Jorja L
Bought by
Chung Jane Y and Jane Y Chung Trust
Seller's Agent
John Fairbanks
Coldwell Banker Realty
Buyer's Agent
John Fairbanks
Coldwell Banker Residential Brokerage Company
List Price
$1,000,000
Sold Price
$1,100,000
Premium/Discount to List
$100,000
10%
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
$338,342
Avg. Annual Appreciation
3.91%
Original Mortgage
$880,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 25, 1998
Sold by
Larsen David J and Larsen Anastasia
Bought by
Frank Rudolph E and Frank Jorja L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,750
Interest Rate
6.86%
Purchase Details
Closed on
Aug 6, 1996
Sold by
Flynn Matt P and Flynn Vetta S
Bought by
Larsen David J and Larsen Anastasia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.57%
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 |
|---|---|---|---|
| Chung Jane Y | $1,100,000 | Wfg National Title Company O | |
| Frank Rudolph E | $295,000 | Chicago Title Co | |
| Larsen David J | $265,000 | Southland Title | |
| Flynn Matt P | -- | Southland Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chung Jane Y | $880,000 | |
| Previous Owner | Frank Rudolph E | $191,750 | |
| Previous Owner | Larsen David J | $212,000 | |
| Closed | Larsen David J | $26,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/29/2018 06/29/18 | Sold | $1,100,000 | +10.0% | $522 / Sq Ft |
| 06/25/2018 06/25/18 | Pending | -- | -- | -- |
| 04/30/2018 04/30/18 | For Sale | $1,000,000 | -- | $475 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
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 | $14,375 | $1,259,861 | $796,478 | $463,383 |
| 2024 | $14,375 | $1,235,159 | $780,861 | $454,298 |
| 2023 | $13,802 | $1,210,941 | $765,550 | $445,391 |
| 2022 | $13,373 | $1,187,198 | $750,540 | $436,658 |
| 2021 | $13,145 | $1,163,921 | $735,824 | $428,097 |
| 2019 | $12,554 | $1,122,000 | $714,000 | $408,000 |
| 2018 | $4,779 | $406,439 | $176,352 | $230,087 |
| 2016 | $4,548 | $390,658 | $169,505 | $221,153 |
| 2015 | $4,450 | $384,791 | $166,959 | $217,832 |
| 2014 | $4,432 | $377,254 | $163,689 | $213,565 |
Source: Public Records
Agents Affiliated with this Home
-
John Fairbanks
-
M
Seller Co-Listing Agent in 2018
Marion Fairbanks
Coldwell Banker Realty
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P0-818001985
APN: 5807-002-056
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