NOT LISTED FOR SALE

Estimated Value: $1,207,000 - $1,553,000

4 Beds
3 Baths
2,146 Sq Ft
$637/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $1,255,000 $585 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,402/month

27 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Hiking Trails
  • La Crescenta Elementary School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of April 2023

What a find in Montrose! This is a rare remodeled duplex in this sought-after residential neighborhood that enjoys proximity to the restaurants and shops of the Montrose Shopping Park as well as award winning schools. It started as a single-family home that was enlarged in the 80’s with an addition to the front. In 2020 that addition was converted to an attached ADU while both units where being remodeled.

2523 Mayfield is the updated version of the original single-story two bedroom and one bath home. The entry opens to large formal living and dining rooms with new flooring, a brick fireplace, and a view out to the rear patio, garden, and yard. The bright kitchen was updated with new cabinetry, quartz counters, and stainless appliances. The central hall leads to both bedrooms with the updated full bath between them. Just a few features include new windows, central heating and air, a tankless water heater, private laundry, and a detached two car garage.

2521 Mayfield is a tastefully remodeled two-story townhome that only shares one wall with the rear home. The enclosed entry opens to a bright living room and a new kitchen which was also completed with new cabinetry, new flooring, quartz counters, and stainless appliances. Each of the two large bedrooms each have their own baths. The downstairs bedroom has three closets, its own AC unit, and new windows. The primary suite is upstairs with two closets, a new bath, and a gorgeous view out over Montrose and the hills beyond. Just a few of the updates included new air and heating units, tankless water heater, and its own washer and dryer within this unit as well. This front unit also enjoys the front garden area and one assigned off-street parking space.

Last Agent to Sell the Property

Craig Farestveit

Craig Estates & Fine Propertie License #00990645 Listed on: 03/02/2023

Co-Listed By

Jeremy Hardy

Craig Estates and Fine Properties License #01369308

Last Buyer's Agent

Alexander Trevino

TREVINO PROPERTIES, INC. License #01324975

TREVINO PROPERTIES, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,490

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 5,334 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • New Fence
  • Back Yard

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Driveway
  • Assigned Parking

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Duplex

Interior Spaces

  • 2,146 Sq Ft Home
  • 2-Story Property
  • Panel Doors
  • Entryway
  • Living Room with Fireplace
  • Built-In Range
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Air Source Heat Pump
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5807
  • Assessor Parcel Number 5807014052
  • $389 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Foothills

Recreation

  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,080
  • Insurance Expense $2,700
  • Professional Management Expense $3,382
  • Water Sewer Expense $1,371
  • Operating Expense $6,748
  • Gross Income $69,068
  • Net Operating Income $62,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,490

Year Built

Built in 1963 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Ad Number: (626)622-1537
  • Professional Management Expense: 3382.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1371.00
  • Zoning: LCR1*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 5807014052
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Door Features: Panel Doors
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 584.81
  • Room Type: Entry, Laundry, Master Suite

Exterior Features

  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: New Condition
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Driveway, Concrete, Garage
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range
  • Electric: Standard
  • Heating Type: Central, Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Foothills, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5334.00
  • Lot Size Acres: 0.1225
  • Latitude Manual: 34.21394000

Multi Family

  • Gross Income: 69068.20
  • Gross Scheduled Income: 69068.00
  • Insurance Expense: 2700.00
  • Lot Size Area: 5334.0000 Square Feet
  • Net Operating Income: 62320.49
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 6747.76
  • Rent Control: No
  • Total Actual Rent: 5800.00
  • Total Expenses: 6747.76

Tax Info

  • Tax Census Tract: 3005.03
  • Tax Lot: 1
  • Tax Tract Number: 5807
  • TaxOtherAnnualAssessmentAmount: 389.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2019
Sold by
Zuniga Lau Teresa M
Bought by
Lee Miller Gunnar and Lee Miller Lisa S
Current Estimated Value
$1,367,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,750
Outstanding Balance
$571,790
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$795,847

Purchase Details

Closed on
Apr 10, 2004
Sold by
Zuniga Maria Antonia
Bought by
Zuniga Maria Antonia
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
Lee Miller Gunnar $755,000 Chicago Title Company
Zuniga Maria Antonia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Miller Gunnar $641,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2023 04/13/23 Sold $1,255,000 -3.1% $585 / Sq Ft
03/02/2023 03/02/23 For Sale $1,295,000 0.0% $603 / Sq Ft
09/15/2020 09/15/20 Rented $2,845 0.0% --
07/14/2020 07/14/20 For Rent $2,845 -- --
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 $14,490 $1,305,701 $783,525 $522,176
2024 $14,490 $1,280,100 $768,162 $511,938
2023 $9,176 $793,636 $623,452 $170,184
2022 $8,825 $778,076 $611,228 $166,848
2021 $8,671 $762,821 $599,244 $163,577
2019 $2,204 $170,712 $28,846 $141,866
2018 $2,103 $167,366 $28,281 $139,085
2016 $1,984 $160,869 $27,184 $133,685
2015 $1,938 $158,453 $26,776 $131,677
2014 $1,932 $155,350 $26,252 $129,098
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23032849

California Regional Multiple Listing Service (CRMLS)

APN: 5807-014-052