$525,000
SOLD OCT 24, 2012

2612 W Via Corona Montebello, CA 90640

6 Beds
5 Baths
3,181 Sq Ft
4,970 Sq Ft Lot

Recently Sold

$165 Per Sq Ft

6 Days on Market

About This Home

As of July 2018

GREAT RESIDENTIAL UNITS IN NORTH SIDE OF MONTEBELLO NEAR BEVERLY BLVD & GARFIELD. PROPERTY CONSISTS OF A LARGE FRONT OWNERS UNIT WITH 3 BEDROOMS AND 2 BATHS AS WELL AS CENTRAL AIR CONDITIONING AND A FORMAL DINING ROOM. ALSO, PROPERTY HAS THREE 1 BEDROOM AND 1 BATHS UNITS WITH WALL AIR CONDITIONERS AND A SINGLE CAR GARAGE AT REAR OF BUILDING IN ALLEY. VARIOUS UPGRADES HAVE BEEN DONE OVER TIME TO EACH UNIT.

Last Agent to Sell the Property

Rudy Rodriguez

GEORGE MICHAEL REALTY License #00709414 Listed on: 08/10/2012

Last Buyer's Agent

Lidia Kondratuk

GEORGE MICHAEL REALTY License #01097144

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,346

Year Built

  • Built in 1958

Lot Details

  • 4,970 Sq Ft Lot

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,181 Sq Ft Home
  • Split Level Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 269
  • Tax Tract Number 8502
  • Assessor Parcel Number 6343005028

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $540
  • Insurance Expense $1,800
  • Pest Control $250
  • Trash Expense $1,103
  • Gross Income $3,900
  • Net Operating Income $42,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,346

Year Built

Built in 1958

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • Other Phone Description: 323 646-2100
  • Other Phone Number: 323 7282111
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 540.00
  • Parcel Number: 6343005028
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Multi/Split
  • Price Per Square Foot: 165.04

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Pest Control Expense: 250.00
  • Trash Expense: 1103.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4970.00
  • Lot Size Acres: 0.1140

Multi Family

  • Gross Income: 3900.00
  • Gross Multiplier: 11.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 4970.0000 Square Feet
  • Net Operating Income: 42500.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Range: 4
  • Operating Expense: 4300.00
  • Rent Control: No
  • Total Actual Rent: 3900.00

Tax Info

  • Tax Lot: 269
  • Tax Tract Number: 8502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
Jun 6, 2018
Sold by
Martin Fausto L and Martin Veronica Ismael
Bought by
Learn Cloe and Yee Zeke Zon
Seller's Agent
Doug Rodermund
Morgan Skenderian
Buyer's Agent
Cloe Learn
SilverStone Property Management
List Price
$900,000
Sold Price
$855,000
Premium/Discount to List
-$45,000
-5%
Current Estimated Value
$1,226,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,108
Avg. Annual Appreciation
5.64%
Original Mortgage
$344,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2015
Sold by
Martin Fausto L and Martin Veronica I
Bought by
The Martin Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 10, 2012
Closed on
Sep 19, 2012
Sold by
Rodriguez Rudy
Bought by
Martin Fausto L and Martin Veronica I
Seller's Agent
Rudy Rodriguez
GEORGE MICHAEL REALTY
Buyer's Agent
Lidia Kondratuk
GEORGE MICHAEL REALTY
List Price
$524,900
Sold Price
$525,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%

Purchase Details

Closed on
Nov 6, 2001
Sold by
Baca Euplio Rodolfo and Baca Family Trust
Bought by
Rodriguez Rudy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.51%

Purchase Details

Closed on
Jun 26, 1996
Sold by
Baca Euplio R and Baca Blossom B
Bought by
Baca Euplio Rodolfo and Baca Blossom Barbara
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 Type Sale Price Title Company
Grant Deed $855,000 Chicago Title
Interfamily Deed Transfer -- Progressive Title Company
Grant Deed $525,000 Title 365
Grant Deed $355,000 Landsafe Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $335,000 New Conventional
Closed $344,000 New Conventional
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $237,000 Unknown
Previous Owner $235,000 No Value Available
Previous Owner $70,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2018 07/17/18 Sold $855,000 -5.0% $269 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $900,000 +71.4% $283 / Sq Ft
10/24/2012 10/24/12 Sold $525,000 0.0% $165 / Sq Ft
08/16/2012 08/16/12 Pending -- -- --
08/10/2012 08/10/12 For Sale $524,900 -- $165 / Sq Ft
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
2024 $13,346 $935,063 $546,820 $388,243
2023 $13,335 $916,730 $536,099 $380,631
2022 $12,889 $898,756 $525,588 $373,168
2021 $12,456 $881,134 $515,283 $365,851
2019 $11,976 $855,000 $500,000 $355,000
2018 $8,462 $568,183 $270,564 $297,619
2016 $8,077 $546,121 $260,058 $286,063
2015 $7,631 $537,919 $256,152 $281,767
2014 $7,531 $527,383 $251,135 $276,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: M12100664

California Regional Multiple Listing Service (CRMLS)

APN: 6343-005-028