NOT LISTED FOR SALE

Estimated Value: $988,000 - $1,150,000

5 Beds
4 Baths
2,196 Sq Ft
$489/Sq Ft Est. Value

Last Sold May 23, 2016

Last sale price $640,000 $291 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,568/month

27 Days on Market

Highlights

  • Private Pool
  • 18,801 Sq Ft lot
  • Cul-De-Sac
  • City Lights View
  • Lawn
  • Central Heating and Cooling System

About This Home

As of May 2016

Duplex situated at the top of a hill and at end of a cul-de-sac with amazing view of La Puente and Rowland Heights. Unit A is two story with 3 bedrooms / 2 baths and has a large front yard. Unit B is single story with 2 bedrooms / 2 baths with a very large backyard. Property is under Lordon Management HOA and has a community pool. Near by 60 freeway and close to shopping centers, restaurants, and Nogales High School. Buyers and Buyer's agent are responsible for performing their own due diligence of property. Co-listing agent is related to seller.

Last Agent to Sell the Property

Dina Elzik

MARK ELZIK, BROKER License #01748064 Listed on: 03/24/2016

Co-Listed By

RANDY LIM

Excellence RE Real Estate License #01918295

Last Buyer's Agent

Dina Elzik

MARK ELZIK, BROKER License #01748064 Listed on: 03/24/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,488

Year Built

  • Built in 1979

Lot Details

  • 0.43 Acre Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Wood Fence
  • Lawn
  • Back and Front Yard

Parking

  • 4 Car Garage
  • Parking Available

Property Views

  • City Lights
  • Hills
  • Neighborhood

Home Design

  • Property Attached
  • Shingle Roof

Interior Spaces

  • 2,196 Sq Ft Home
  • Entryway
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Private Pool
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 10
  • Tax Tract Number 31987
  • Assessor Parcel Number 8733020010

Community Details

Overview

  • 2 Units

Recreation

  • Community Pool

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $695
  • Maintenance Expense $1,438
  • Other Expense $1,656
  • Pest Control $420
  • Trash Expense $667
  • Water Sewer Expense $960
  • New Taxes Expense $8,104
  • Gross Income $3,469
  • Net Operating Income $27,688

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,488

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 626-383-8875
  • Other Phone Number: 626-822-1575
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 960.00
  • Property Type: Residential Income
  • Parcel Number: 8733020010
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Price Per Square Foot: 291.44
  • Room Type: Entry, Living Room, Master Bedroom

Exterior Features

  • View: City Lights, Hills, Neighborhood
  • Fencing: Wood
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Heating Type: Central
  • Pest Control Expense: 420.00
  • Trash Expense: 667.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Amenities: Dues Paid Monthly, Pool
  • Association Fee: 138.00
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Lawn, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 18801.00
  • Price Per Lot Square Foot: 34.04

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3469.00
  • Gross Scheduled Income: 41628.00
  • Insurance Expense: 695.00
  • Maintenance Expense: 1438.00
  • Net Operating Income: 27688.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Operating Expense: 13940.00
  • Other Expense: 1656.00
  • Other Expense Description: HOA
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8104.00
  • Tax Lot: 10
  • Tax Tract Number: 31987

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2017
Sold by
Lai Ping Sin
Bought by
Lai Ping Sin and Lai Kason Kwok Wing
Current Estimated Value
$1,073,947

Purchase Details

Listed on
Mar 24, 2016
Closed on
May 2, 2016
Sold by
Huot Long Kim and Huot Tawny Tran
Bought by
Lai Ping Sin
Seller's Agent
Dina Elzik
MARK ELZIK, BROKER
Buyer's Agent
Dina Elzik
MARK ELZIK, BROKER
List Price
$599,999
Sold Price
$640,000
Premium/Discount to List
$40,001
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
Sep 30, 2013
Sold by
Huot Long K and Huot Tawny T
Bought by
Covina Dexter Llc

Purchase Details

Listed on
May 23, 2013
Closed on
Jun 6, 2013
Sold by
Sloan Nina S and The Nina Sloan Living Trust
Bought by
Huot Long K and Huot Tawny T
Seller's Agent
Maribel Benitez
Compass-Pasadena
Buyer's Agent
Kelly Tran
Compass
List Price
$599,999
Sold Price
$600,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$450,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2004
Sold by
Rice Hazel Marie and Hazel Marie Rice Family Trust
Bought by
Sloan Nina S and Nina Sloan Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2003
Sold by
Rice Hazel Marie
Bought by
Rice Hazel Marie and The Hazel Marie Rice Family Tr
Source: Public Records

Range of Values:

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Average Value
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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
Lai Ping Sin -- None Available
Lai Ping Sin $640,000 Fatcola
Huot Long Kim -- Fatcola
Covina Dexter Llc -- Accommodation
Huot Long K $600,000 Lawyers Title
Sloan Nina S $510,000 Fatcola
Rice Hazel Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huot Long K $450,000
Previous Owner Sloan Nina S $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2016 05/23/16 Sold $640,000 +6.7% $291 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $599,999 0.0% $273 / Sq Ft
07/30/2013 07/30/13 Sold $600,000 0.0% $273 / Sq Ft View Prior Sale
06/05/2013 06/05/13 Pending -- -- --
05/23/2013 05/23/13 For Sale $599,999 -- $273 / Sq Ft
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 $10,488 $742,913 $510,754 $232,159
2024 $10,488 $728,347 $500,740 $227,607
2023 $10,171 $714,067 $490,922 $223,145
2022 $9,511 $700,067 $481,297 $218,770
2021 $9,364 $686,341 $471,860 $214,481
2019 $9,087 $665,985 $457,865 $208,120
2018 $8,632 $652,928 $448,888 $204,040
2017 $8,585 $652,800 $448,800 $204,000
2016 $8,209 $621,319 $414,213 $207,106
2015 $8,104 $611,988 $407,992 $203,996
2014 $8,098 $600,000 $400,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16061315

California Regional Multiple Listing Service (CRMLS)

APN: 8733-020-010