NOT LISTED FOR SALE

2523 Piedmont Ave Montrose, CA 91020

Sparr Heights Neighborhood

Estimated Value: $1,143,000 - $1,438,000

3 Beds
3 Baths
1,719 Sq Ft
$763/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $860,000 $500 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,852/month

46 Days on Market

Highlights

  • Cottage
  • Skylights
  • Garden Windows
  • John C. Fremont Elementary School Rated A-
  • Plantation Shutters
  • Laundry Room

About This Home

As of September 2016

A very special & classy duplex close to the fun Montrose Shopping Area . Each unit is very private. #A is a 1 bedroom 1 bath beauty with original refinished oak floors, tiled kitchen, dining room and porch with a view & carport. #B is charming with 2 bedroom + 1 3/4 baths including a step up master suite. Tiled Kitchen with skylight & greenhouse window - adjacent breakfast area & build in buffet. Fireplace, recessed lighting, some plantations shutters, engineered plant floors & so much more. Enjoy & entertain in the gracious fenced outdoor garden areas under shade & lemon tree +two patios. CA/FA, double car garage. Property goes from street to street. Drought tolerant yard. Exterior recently repainted. Roof June 2016. Separate Bonus/Storage room. Much updating from the originally built str

Last Agent to Sell the Property

Shirley Owens

Engel & Völkers La Canada License #00645937 Listed on: 07/17/2016

Engel & Völkers La Canada

Last Buyer's Agent

Jennifer Yeon

Re/Max Tri-City Realty License #01030446

Re/Max Tri-City Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,407

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 7,788 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • 1 Attached Carport Space
  • Parking Available
  • Single Garage Door
  • Garage Door Opener

Home Design

  • Cottage
  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Redwood Siding

Interior Spaces

  • Skylights
  • Gas Fireplace
  • Plantation Shutters
  • Garden Windows
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 5807017043

Community Details

Overview

  • Not Applicable 1007242 Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,407

Year Built

Built in 1923 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Inclusions: Refrigerators, stoves in both units.
  • Property Attached: Yes
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LCR2*
  • Architectural Style: Cottage
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5807017043
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Appliances: Yes
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Room Type: Master Bathroom
  • Window Features: Skylight(s), Plantation Shutters, Garden Window(s)

Exterior Features

  • Foundation: Raised
  • Roof: Composition
  • Construction Materials: Redwood Siding

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Garage - Single Door, Garage Door Opener, Covered
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Water Heater, Dishwasher, Disposal, Gas Water Heater
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Individual Room

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 7788.00

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Average1 Bed Area: 900
  • Average2 Bed Area: 1100
  • Average Studio Area: 200
  • Gross Operating Income: 2.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Carpet: 1
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Patio: 3
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2016
Closed on
Aug 1, 2016
Sold by
Colicchio Angela and Foster Georgia
Bought by
Hong Michael and Hong Mimi Myung Gyu
Seller's Agent
Shirley Owens
Engel & Völkers La Canada
Buyer's Agent
Jennifer Yeon
Re/Max Tri-City Realty
List Price
$860,000
Sold Price
$860,000
Current Estimated Value
$1,311,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,988
Avg. Annual Appreciation
4.73%
Original Mortgage
$526,500
Outstanding Balance
$420,086
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$891,902

Purchase Details

Closed on
Mar 3, 2014
Sold by
Colicchio Angela
Bought by
The Angela Colicchio Living Trust
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
Hong Michael $860,000 Orange Coast Title Co Socal
The Angela Colicchio Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Michael $526,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2016 09/09/16 Sold $860,000 0.0% $500 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
07/17/2016 07/17/16 For Sale $860,000 -- $500 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $11,407 $998,099 $580,292 $417,807
2024 $11,407 $978,529 $568,914 $409,615
2023 $11,157 $959,343 $557,759 $401,584
2022 $10,581 $940,533 $546,823 $393,710
2021 $10,400 $922,092 $536,101 $385,991
2019 $10,004 $894,744 $520,200 $374,544
2018 $9,755 $877,200 $510,000 $367,200
2016 $5,297 $472,191 $349,053 $123,138
2015 $5,182 $465,099 $343,810 $121,289
2014 $4,989 $444,612 $337,076 $107,536
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Shirley Owens

    Engel & Völkers La Canada

    Section Image

  • J

    Buyer's Agent in 2016

    Jennifer Yeon

    RE/MAX

    (818) 389-5129

    1 in this area

    20 Total Sales

    Jennifer Yeon
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316006656

Pasadena-Foothills Association of REALTORS®

APN: 5807-017-043

California Los Angeles County Montrose 91020 Sparr Heights

2523 Piedmont Ave, Montrose, CA

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