NOT LISTED FOR SALE

Estimated Value: $998,000 - $1,508,368

2 Beds
1 Bath
1,768 Sq Ft
$697/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $685,000 $387 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $7,559/month

27 Days on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • Private Yard
  • Washington Elementary School Rated A
  • Corner Lot
  • Crown Molding

About This Home

As of July 2014

Great opportunity! Two units - two addresses: 247 N Santa Anita and 407 W Hermosa - each with 2 bedrooms and 1 bath in prime North San Gabriel across from award winning Washington School. Each unit has spacious living room; hardwood floors; eating area in kitchen; inside laundry room; wardrobe closets in bedrooms. Santa Anita unit has a fireplace; Hermosa has an attached back yard. Additional large yard north of the double garage. Tons of potential in great area! Please be courteous and do not disturb the long time tenants (4 years in Hermosa and 10 years in Santa Anita!).

Last Agent to Sell the Property

Kathleen Mueller

MUELLER REALTY License #00630929 Listed on: 06/04/2014

Last Buyer's Agent

Kathleen Mueller

MUELLER REALTY License #00630929 Listed on: 06/04/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,390

Year Built

  • Built in 1948

Lot Details

  • 9,099 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Corner Lot
  • Paved or Partially Paved Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Property Attached
  • Raised Foundation
  • Interior Block Wall
  • Common Roof
  • Stucco

Interior Spaces

  • 1,768 Sq Ft Home
  • Crown Molding
  • Living Room with Fireplace

Kitchen

  • Gas Cooktop
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, repairs
  • Tax Lot 125
  • Tax Tract Number 5619
  • Assessor Parcel Number 5363023014

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $1,500
  • Water Sewer Expense $1,500
  • New Taxes Expense $7,400
  • Gross Income $2,900
  • Net Operating Income $23,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,390

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Parcel Number: 5363023014
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Block Walls, Crown Molding
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 387.44
  • Room Type: Living Room

Exterior Features

  • Foundation: Raised
  • Fencing: Block
  • Pool Private: No
  • Roof: Common Roof
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Cooktop, Water Heater
  • Heating Type: Floor Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Individual Room
  • Trash Expense: 1500.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard, Front Yard, Lawn, Paved, Park Nearby, Corner Lot, Sprinklers In Front, Sprinklers In Rear, Near Public Transit, Yard
  • Lot Size Sq Ft: 9099.00
  • Lot Size Acres: 0.2090

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Repairs

Multi Family

  • Gross Income: 2900.00
  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 800.00
  • Lot Size Area: 9099.0000 Square Feet
  • Net Operating Income: 23600.00
  • 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: 11200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7400.00
  • Tax Lot: 125
  • Tax Tract Number: 5619
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2017
Sold by
Cheng
Bought by
Cheng
Current Estimated Value
$1,213,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.94%

Purchase Details

Listed on
Jun 4, 2014
Closed on
Jul 22, 2014
Sold by
Mueller Kathleen M
Bought by
Cheng Edmond and Cheng Carmen
Seller's Agent
Kathleen Mueller
MUELLER REALTY
Buyer's Agent
Kathleen Mueller
MUELLER REALTY
List Price
$698,000
Sold Price
$685,000
Premium/Discount to List
-$13,000
-1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%

Purchase Details

Closed on
Jun 2, 2000
Sold by
Logue Robert James
Bought by
Mueller Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,880
Interest Rate
8.63%
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
Cheng -- --
Cheng Edmond $685,000 Lawyers Title
Mueller Kathleen M $247,500 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cheng --
Previous Owner Mueller Kathleen M $185,700
Previous Owner Mueller Kathleen M $193,500
Previous Owner Mueller Kathleen M $197,160
Previous Owner Mueller Kathleen M $197,880
Previous Owner Logue Robert James $137,373
Previous Owner Logue Robert James $103,723
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $685,000 -1.9% $387 / Sq Ft
07/01/2014 07/01/14 Pending -- -- --
06/04/2014 06/04/14 For Sale $698,000 -- $395 / 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 $11,390 $823,259 $582,892 $240,367
2024 $11,390 $807,117 $571,463 $235,654
2023 $11,193 $791,292 $560,258 $231,034
2022 $10,620 $775,777 $549,273 $226,504
2021 $10,434 $760,566 $538,503 $222,063
2019 $9,977 $738,010 $522,532 $215,478
2018 $9,947 $723,540 $512,287 $211,253
2016 $9,474 $695,446 $492,396 $203,050
2015 $9,342 $685,000 $485,000 $200,000
2014 $4,570 $310,114 $183,048 $127,066
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14116909

California Regional Multiple Listing Service (CRMLS)

APN: 5363-023-014