NOT LISTED FOR SALE

245 S 3rd St Montebello, CA 90640

Estimated Value: $636,000 - $824,000

4 Beds
2 Baths
1,452 Sq Ft
$523/Sq Ft Est. Value

Last Sold February 03, 2016

Last sale price $325,000 $224 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $4,564/month

34 Days on Market

About This Home

As of February 2016

Montebello 2 units with some repairs needed!! Great opportunity for owner occupied or for investor owned in south Montebello close to shopping, schools and parks.

Last Agent to Sell the Property

Pablo Mendez

Century 21 Allstars License #01243986 Listed on: 09/14/2015

Century 21 Allstars

Last Buyer's Agent

Pablo Mendez

Century 21 Allstars License #01243986 Listed on: 09/14/2015

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,372

Year Built

  • Built in 1961

Lot Details

  • 5,891 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Home Design

  • 1,452 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Paved Parking

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 4227
  • Assessor Parcel Number 6349012026

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Water Sewer Expense $2,800
  • New Taxes Expense $4,062
  • Gross Income $2,500
  • Net Operating Income $27,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,372

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2800.00
  • Property Type: Residential Income
  • Parcel Number: 6349012026
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 223.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5891.00
  • Price Per Lot Square Foot: 55.17
  • Lot Size Acres: 0.1350

Multi Family

  • Gross Income: 2500.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5891.0000 Square Feet
  • Net Operating Income: 27200.00
  • 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: 2800.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4062.00
  • Tax Lot: 4
  • Tax Tract Number: 4227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2015
Closed on
Jan 19, 2016
Sold by
Tapia Christina
Bought by
Tapia Fabian
Seller's Agent
Pablo Mendez
Century 21 Allstars
Buyer's Agent
Pablo Mendez
Century 21 Allstars
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$759,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,850
Avg. Annual Appreciation
9.14%
Original Mortgage
$243,750
Outstanding Balance
$193,669
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$566,181

Purchase Details

Listed on
Sep 14, 2015
Closed on
Jan 8, 2016
Sold by
Guevara Lucas A
Bought by
Tapia Fabian
Seller's Agent
Pablo Mendez
Century 21 Allstars
Buyer's Agent
Pablo Mendez
Century 21 Allstars
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Outstanding Balance
$193,669
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$566,181

Purchase Details

Closed on
Sep 16, 2004
Sold by
Guevara Emilia
Bought by
Guevara Lucas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2004
Sold by
Negroe Karla and Salvatierra Jessica
Bought by
Guevara Lucas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2003
Sold by
Negroe Roger
Bought by
Negroe Karla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.12%

Purchase Details

Closed on
Feb 25, 2003
Sold by
Hernandez Joe and Hernandez Teresa
Bought by
Negroe Karla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.12%

Purchase Details

Closed on
Feb 15, 2000
Sold by
Hernandez Joe
Bought by
Hernandez Joe and Hernandez Teresa

Purchase Details

Closed on
Jul 28, 1999
Sold by
Salazar Joseph T Decd Est Of
Bought by
Hernandez Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,759
Interest Rate
8.22%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tapia Fabian -- Old Republic Title Company
Tapia Fabian $325,000 Old Republic Title Company
Guevara Lucas A -- First American Title Company
Guevara Lucas A $435,000 First American Title Company
Negroe Karla -- Chicago Title
Negroe Karla $285,000 Chicago Title
Hernandez Joe -- Southland Title
Hernandez Joe $172,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapia Fabian $243,750
Previous Owner Guevara Lucas A $348,000
Previous Owner Negroe Karla $216,000
Previous Owner Hernandez Joe $169,759
Closed Negroe Karla $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2016 02/03/16 Sold $325,000 0.0% $224 / Sq Ft
09/12/2015 09/12/15 Pending -- -- --
08/09/2015 08/09/15 For Sale $325,000 -- $224 / 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 $6,372 $384,726 $248,594 $136,132
2024 $6,372 $377,183 $243,720 $133,463
2023 $6,337 $369,789 $238,942 $130,847
2022 $6,124 $362,539 $234,257 $128,282
2021 $5,894 $355,431 $229,664 $125,767
2020 $5,758 $351,788 $227,310 $124,478
2019 $5,602 $344,891 $222,853 $122,038
2018 $5,627 $338,130 $218,484 $119,646
2016 $7,993 $512,199 $276,706 $235,493
2015 $7,578 $504,506 $272,550 $231,956
2014 $7,480 $494,625 $267,212 $227,413
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Pablo Mendez

    Century 21 Allstars

    (562) 572-2777

    8 Total Sales

    Pablo Mendez
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15175803

California Regional Multiple Listing Service (CRMLS)

APN: 6349-012-026

California Los Angeles County Montebello 90640

245 S 3rd St, Montebello, CA

This home is located at 245 S 3rd St, Montebello, CA 90640 since 14 September 2015 and is currently estimated at $759,850, approximately $523 per square foot. This property was built in 1961. 245 S 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

Nearby Homes