NOT LISTED FOR SALE

2639 Fair Oaks Ave Altadena, CA 91001

-- Bed
2 Baths
2,176 Sq Ft
2,762 Sq Ft Lot

Last Sold August 30, 2013

Last sale price $253,700 $117 Per Sq Ft

132 Days on Market

About This Home

As of August 2013

2637 & 2639 Fair Oaks Ave is a Commercial/Office/Residential Mixed Use property. Zoning: LCC3YY. The property is in need of work but has potential. Cash offers only!! The Bottom unit is Tenant Occupied, please do not disturb occupants. Drive by inspections only. Please allow 2-3 Business days for seller's response. This property is an investor's dream it would also be great for an owner user (can be used for commercial purposes as well). See private remarks.

Last Agent to Sell the Property

Mathew Matti

Re/Max Tri-City License #00978753 Listed on: 03/13/2013

Re/Max Tri-City

Last Buyer's Agent

Levon Matti

License #01828986

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,449

Year Built

  • Built in 1946

Lot Details

  • 2,762 Sq Ft Lot

Interior Spaces

  • 2,176 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Located Outside

Parking

  • 2 Parking Spaces
  • Carport

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5835-007-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,449

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 2176
  • Stories: 2
  • Year Built: 1946
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Living Room
  • Laundry: Outside
  • Price Per S Q F T: 122.70

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 2

Lot Info

  • Assessed Improvement Value: 198013
  • Assessed Land Value: 150141
  • Assessor Parcel Number: 5835-007-012
  • Geocode Override: No
  • Lot Size Area: 2762

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Mixed Use

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2017
Sold by
Matti Matuos Y and Matti Levon Y
Bought by
Fairoaks Altadena Llc

Purchase Details

Closed on
Nov 13, 2017
Sold by
Matti Michelle E
Bought by
Matti Matuos Y

Purchase Details

Closed on
Oct 26, 2017
Sold by
Konjoyan Marie Elise
Bought by
Matti Michelle E

Purchase Details

Closed on
Sep 25, 2017
Sold by
Ciaramitaro Paula
Bought by
Konjoyan Marie Elise

Purchase Details

Listed on
Mar 13, 2013
Closed on
Aug 19, 2013
Sold by
Ciaramitaro Joseph L
Bought by
Ciaramitaro Paula
Seller's Agent
Mathew Matti
Re/Max Tri-City
Buyer's Agent
Levon Matti
List Price
$393,900
Sold Price
$253,700
Premium/Discount to List
-$140,200
-35.59%

Purchase Details

Listed on
Mar 13, 2013
Closed on
Aug 12, 2013
Sold by
Bank Of America Na
Bought by
Ciaramitaro Paula
Seller's Agent
Mathew Matti
Re/Max Tri-City
Buyer's Agent
Levon Matti
List Price
$393,900
Sold Price
$253,700
Premium/Discount to List
-$140,200
-35.59%

Purchase Details

Closed on
Sep 17, 2012
Sold by
Istrate Lavinia and Istrate Dragos
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 27, 2006
Sold by
Istrate Dragos and Istrate Lavinia
Bought by
Istrate Dragos and Istrate Lavinia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 27, 2004
Sold by
Mortgage Guaranty Insurance Corp
Bought by
Istrate Dragos and Istrate Lavinia

Purchase Details

Closed on
Sep 8, 2004
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mortgage Guaranty Insurance Corp

Purchase Details

Closed on
Mar 3, 2004
Sold by
Gonzalez Adriana
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 7, 2003
Sold by
Gonzalez Adriana
Bought by
Creative Properties and Pacific America Service

Purchase Details

Closed on
Aug 15, 2002
Sold by
Chhoeun Choerth
Bought by
Gonzalez Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2002
Sold by
Hud
Bought by
Chhoeun Choerth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 1998
Sold by
First Nationwide Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Nov 20, 1998
Sold by
Orellana Maria J
Bought by
First Nationwide Mtg Corp

Purchase Details

Closed on
Jul 2, 1997
Sold by
Franco Julia
Bought by
Orellana Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,050
Interest Rate
7.57%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 1996
Sold by
General Bank
Bought by
Franco Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 1, 1993
Sold by
T D Service Company
Bought by
General Bank
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Fairoaks Altadena Llc -- --
Matti Matuos Y -- None Available
Matti Michelle E -- None Available
Konjoyan Marie Elise -- None Available
Ciaramitaro Paula -- Landsafe Title
Ciaramitaro Paula $254,000 Landsafe Title
Bank Of America Na $250,000 Landsafe Title
Istrate Dragos -- Lsi Title Company
Istrate Dragos $320,000 Fidelity National Title Comp
Mortgage Guaranty Insurance Corp $304,545 Fidelity
Federal Home Loan Mortgage Corporation $200,000 United Title Company
Creative Properties $1,000 --
Gonzalez Adriana $290,000 Orange Coast Title
Chhoeun Choerth $125,500 Stewart Title
Hud -- Stewart Title
First Nationwide Mtg Corp $150,918 --
Orellana Maria J $145,000 United Independent Title
Franco Julia $55,000 First American Title Co
General Bank $130,284 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Istrate Dragos $95,000
Previous Owner Gonzalez Adriana $275,500
Previous Owner Chhoeun Choerth $126,000
Previous Owner Orellana Maria J $139,050
Previous Owner Franco Julia $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2013 08/30/13 Sold $253,700 -35.6% $117 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $393,900 -- $181 / Sq Ft
Source: The MLS

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 $4,449 $119,519 $119,519 --
2024 $4,449 $304,893 $180,269 $124,624
2023 $4,406 $298,916 $176,735 $122,181
2022 $4,264 $293,056 $173,270 $119,786
2021 $3,931 $287,311 $169,873 $117,438
2020 $3,797 $284,366 $168,132 $116,234
2019 $3,796 $278,791 $164,836 $113,955
2018 $3,812 $273,325 $161,604 $111,721
2017 $3,771 $267,967 $158,436 $109,531
2016 $3,673 $262,714 $155,330 $107,384
2015 $3,634 $258,768 $152,997 $105,771
2014 -- $253,700 $150,000 $103,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-658047

The MLS

APN: 5835-007-012