247 S 6th St Unit A Montebello, CA 90640
Estimated Value: $875,000 - $989,000
5
Beds
4
Baths
2,278
Sq Ft
$416/Sq Ft
Est. Value
About This Home
As of September 2015SUPER INVESTMENT PROPERTY CONSISTING OF ONE 2 BEDROOM 1 BATH UNIT AND 1 BEDROOM 1 BATH OF 3 UNITS. LOCATED IN GREAT PROXIMITY TO SHOPPING, TRANSPORTATION AND MORE.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,967
Year Built
- Built in 1961
Lot Details
- 7,782 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- 2 Carport Spaces
- Parking Available
Home Design
- 2,278 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 12
- Tax Tract Number 52
- Assessor Parcel Number 6349009027
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $800
- Trash Expense $600
- Water Sewer Expense $3,000
- New Taxes Expense $6,200
- Gross Income $2,856
- Net Operating Income $34,280
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2015
Closed on
Aug 5, 2015
Sold by
Tang & Lei Investments Inc
Bought by
Yan Peter Yat Fung
Seller's Agent
Dantes Woo
EASTAR REALTY
Buyer's Agent
Dantes Woo
EASTAR REALTY
List Price
$545,000
Sold Price
$543,000
Premium/Discount to List
-$2,000
-0.37%
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
$403,573
Avg. Annual Appreciation
5.70%
Original Mortgage
$405,000
Outstanding Balance
$324,775
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$609,935
Purchase Details
Closed on
May 1, 2015
Sold by
Lau Yuen Ling
Bought by
Tang & Lei Investments Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.67%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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 |
|---|---|---|---|
| Yan Peter Yat Fung | $543,000 | Title 365 | |
| Tang & Lei Investments Inc | $530,000 | Title 365 |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yan Peter Yat Fung | $405,000 | |
| Previous Owner | Tang & Lei Investments Inc | $500,000 | |
| Previous Owner | Lau Yuen Ling | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2015 09/04/15 | Sold | $543,000 | -0.4% | $238 / Sq Ft |
| 08/03/2015 08/03/15 | Pending | -- | -- | -- |
| 08/02/2015 08/02/15 | For Sale | $545,000 | -- | $239 / 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 | $10,967 | $630,192 | $371,385 | $258,807 |
| 2023 | $10,896 | $617,836 | $364,103 | $253,733 |
| 2022 | $10,534 | $605,722 | $356,964 | $248,758 |
| 2021 | $10,130 | $593,846 | $349,965 | $243,881 |
| 2019 | $9,611 | $576,235 | $339,586 | $236,649 |
| 2018 | $9,666 | $564,937 | $332,928 | $232,009 |
| 2016 | $9,292 | $543,000 | $320,000 | $223,000 |
| 2015 | $3,959 | $165,814 | $42,195 | $123,619 |
| 2014 | $3,942 | $162,567 | $41,369 | $121,198 |
Source: Public Records
Agents Affiliated with this Home
-
Dantes Woo
D
Seller's Agent in 2015
Dantes Woo
EASTAR REALTY
(626) 628-7141
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS15169571
APN: 6349-009-027
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