Seller's Agent in 2018
The Mark and Al Team
CENTURY 21 MASTERS
(626) 335-6000
323 Total Sales
2611 Montezuma Ave Alhambra, CA 91803
Granada Park NeighborhoodEstimated Value: $1,243,000 - $1,508,555
8
Beds
4
Baths
3,174
Sq Ft
$450/Sq Ft
Est. Value
Highlights
- Laundry Room
- Alhambra High School Rated A
- Front Yard
About This Home
As of October 2018These units are a great investment for a first time investor or a seasoned investor seeking solid returns. The property is composed of 3 units, 2 of which have 2 bedrooms, 1 bath and the other has 4 bedrooms, 2 baths. The building has been meticulously maintained and upgraded. Features include 3 separate garage spaces and 5 additional off street parking spaces, laminate flooring in 2 units, quartz counter tops in both kitchens and bathrooms, newer tile flooring, and fresh paint! Buyer to complete their own due diligence in regards to all aspects of the property, including income, expenses and potential rents.
Last Agent to Sell the Property
CENTURY 21 MASTERS License #00914322 Listed on: 07/10/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,323
Year Built
- Built in 1971
Lot Details
- 7,328 Sq Ft Lot
- No Common Walls
- Front Yard
Parking
- 3 Car Garage
Home Design
- 3,174 Sq Ft Home
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Exterior Lighting
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 63
- Tax Tract Number 2501
- Assessor Parcel Number 5353001050
Community Details
Overview
- 3 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $430
- Fuel Expense $911
- Gardener Expense $600
- Insurance Expense $4,476
- Maintenance Expense $2,400
- Pest Control $325
- Trash Expense $1,228
- Water Sewer Expense $1,228
- New Taxes Expense $12,696
- Operating Expense $24,288
- Gross Income $52,500
- Net Operating Income $28,212
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2018
Closed on
Aug 2, 2018
Sold by
Fox William and Dreyfuss Teresa
Bought by
Huang Jun Jie
Seller's Agent
The Mark and Al Team
CENTURY 21 MASTERS
Buyer's Agent
ANNIE WONG
A & K Construction And Realty Inc
List Price
$1,058,000
Sold Price
$1,118,000
Premium/Discount to List
$60,000
5.67%
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
$289,142
Avg. Annual Appreciation
3.52%
Original Mortgage
$670,800
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 18, 2007
Sold by
Kwan Paul S and Kwan Wai Wan Hung
Bought by
Fox William and Dreyfuss Teresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 8, 2005
Sold by
Shum Daniel K and Shum Lawrence
Bought by
Kwan Paul S and Kwan Wai Wan Hung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Aug 23, 2004
Sold by
Watkins Millie Lee
Bought by
Shum Daniel K
Purchase Details
Closed on
Aug 25, 2003
Sold by
Shum Daniel K
Bought by
Watkins Millie Lee
Purchase Details
Closed on
Mar 15, 1999
Sold by
Shum Lai S
Bought by
Shum Lai Sang and The Shum Family Trust
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 |
|---|---|---|---|
| Huang Jun Jie | $1,118,000 | Chicago Title Company | |
| Fox William | $800,000 | Investors Title Company | |
| Kwan Paul S | $750,000 | First American Title | |
| Shum Daniel K | -- | -- | |
| Watkins Millie Lee | -- | -- | |
| Shum Lai Sang | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Huang Jun Jie | $670,800 | |
| Previous Owner | Fox William | $542,500 | |
| Previous Owner | Fox William | $600,000 | |
| Previous Owner | Kwan Paul S | $555,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2018 10/01/18 | Sold | $1,118,000 | +5.7% | $352 / Sq Ft |
| 07/30/2018 07/30/18 | Pending | -- | -- | -- |
| 05/20/2018 05/20/18 | For Sale | $1,058,000 | -- | $333 / 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 |
|---|---|---|---|---|
| 2025 | $15,323 | $1,247,145 | $853,369 | $393,776 |
| 2024 | $15,323 | $1,222,692 | $836,637 | $386,055 |
| 2023 | $15,160 | $1,198,719 | $820,233 | $378,486 |
| 2022 | $14,433 | $1,175,215 | $804,150 | $371,065 |
| 2021 | $14,280 | $1,152,173 | $788,383 | $363,790 |
| 2019 | $13,778 | $1,118,000 | $765,000 | $353,000 |
| 2018 | $11,985 | $941,989 | $647,620 | $294,369 |
| 2017 | $11,820 | $923,520 | $634,922 | $288,598 |
| 2016 | $10,825 | $888,000 | $610,500 | $277,500 |
| 2015 | $10,220 | $835,000 | $574,100 | $260,900 |
| 2014 | $9,885 | $800,000 | $550,000 | $250,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2018
Robert Cofer
CENTURY 21 MASTERS
(626) 335-6000
142 Total Sales
-
A
Buyer's Agent in 2018
ANNIE WONG
A & K Construction And Realty Inc
(626) 821-1919
65 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV18164748
APN: 5353-001-050
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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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