NOT LISTED FOR SALE

2602 Merced Ave El Monte, CA 91733

Park El Monte Neighborhood

Estimated Value: $843,000 - $988,000

4 Beds
3 Baths
1,884 Sq Ft
$502/Sq Ft Est. Value

Sale Details

Date Sold: December 11, 2018

Last sale price $650,000 $345 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,996 / mo

About This Home

As of December 2018

ATTENTION INVESTORS!! One of a kind prime location. Duplex PLUS multiple opportunities for extra income. From 2 oversized GATED RV parking areas or can be used as storage. Possibilities are endless. This property has a footprint of 9704 sq. ft. It sits on a great corner lot, it has a great court yard with shade trees for everyone to enjoy. The Main House is 3 bedrooms and 2 baths. Very light and airy with lots of windows throughout and french doors that open to a wonderful large front porch that you can sit and enjoy those early cool evenings. The Guest House is a 1 bedroom, 1 bath. with eat in kitchen. It also has a large front porch and has direct access to the shared courtyard for parties and gatherings. Zoning EMM1*
HURRY AND GET YOUR OFFER IN!! THIS OPPORTUNITY WON'T LAST LONG...

Last Agent to Sell the Property

Rehana Doolan

Century 21 Ludecke Inc. License #01361470 Listed on: 10/22/2018

Last Buyer's Agent

Kellie Chan

Homesmart Realty Group License #01351550

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 9,704 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • 1,884 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry in unit
  • Suburban Location

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 11865
  • Assessor Parcel Number 8103026010

Community Details

Overview

  • Active Adult
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • New Taxes Expense $8,675

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

9,704 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: EMM1*
  • Property Type: Residential Income
  • Parcel Number: 8103026010
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 345.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: Yes
  • Community Features: Curbs, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 9704.00
  • Lot Size Acres: 0.2228

Multi Family

  • Lot Size Area: 9704.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8675.00
  • Tax Census Tract: 4335.04
  • Tax Lot: 10
  • Tax Tract Number: 11865

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2019
Sold by
Bought by
Current Estimated Value
$945,013

Purchase Details

Listed on
Oct 22, 2018
Closed on
Nov 9, 2018
Sold by
Bought by
Seller's Agent
Rehana Doolan
Century 21 Ludecke Inc.
Buyer's Agent
Kellie Chan
Homesmart Realty Group
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$330,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 22, 2018
Closed on
Oct 26, 2018
Sold by
Bought by
Seller's Agent
Rehana Doolan
Century 21 Ludecke Inc.
Buyer's Agent
Kellie Chan
Homesmart Realty Group
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 18, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 10, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 19, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 24, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 6, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,250
Interest Rate
9.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2004
Sold by
Bought by

Purchase Details

Closed on
Sep 4, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- First American Title
$650,000 First American Title Company
-- None Available
-- Servicelink
$335,000 Servicelink
$411,125 Service Link
-- Orange Coast Title
$450,000 First American Title Co
$385,000 Fidelity National Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $330,000
Previous Owner $599,250
Previous Owner $382,500
Closed $67,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/11/2018 12/11/18 Sold $650,000 -6.5% $345 / Sq Ft
11/29/2018 11/29/18 For Sale $695,000 0.0% $369 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
10/22/2018 10/22/18 For Sale $695,000 -- $369 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,810 $725,083 $515,368 $209,715
2024 $10,025 $710,866 $505,263 $205,603
2023 $9,828 $696,928 $495,356 $201,572
2022 $9,463 $683,264 $485,644 $197,620
2021 $9,595 $669,868 $476,122 $193,746
2020 $9,568 $663,200 $471,240 $191,960
2019 $9,792 $650,200 $462,000 $188,200
2018 $5,906 $380,237 $226,888 $153,349
2016 $5,662 $365,282 $218,079 $147,203
2015 $5,597 $359,796 $214,804 $144,992
2014 $5,388 $352,749 $210,597 $142,152
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rehana Doolan

    Century 21 Ludecke Inc.

  • K

    Buyer's Agent in 2018

    Kellie Chan

    Homesmart Realty Group

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18255926

California Regional Multiple Listing Service (CRMLS)

APN: 8103-026-010

California Los Angeles County El Monte 91733 Park El Monte

2602 Merced Ave, El Monte, CA

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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

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