NOT LISTED FOR SALE

309 S Chandler Ave Monterey Park, CA 91754

Estimated Value: $956,000 - $1,212,000

6 Beds
3 Baths
1,907 Sq Ft
$572/Sq Ft Est. Value

Last Sold January 09, 2014

Last sale price $590,000 $309 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,510/month

48 Days on Market

About This Home

As of January 2014

OWNER USER OPPORTUNITY! A charming residential duplex that consists of one single story home with 4 Bedrooms / 2 Bathrooms, a living room, and a kitchen consisting of approximately 1,450 sq.ft. There is also a detached 2 Bedroom / 1 Bathroom with a living room and kitchen totaling approximately 457 sq.ft in there rear. This property is perfect for an extended family, or a family who may chose to rent out a bonus unit for additional income. The property has been recieved a beautiful custom exterior paint job.

Last Agent to Sell the Property

Patrick Swanson

Pat Swanson License #01382974 Listed on: 10/22/2013

Last Buyer's Agent

Patrick Swanson

Pat Swanson License #01382974 Listed on: 10/22/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,573

Year Built

  • Built in 1938

Lot Details

  • 7,327 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 8 Parking Spaces

Home Design

  • 1,907 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 12160
  • Assessor Parcel Number 5257002001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,451
  • Maintenance Expense $1,000
  • Water Sewer Expense $912
  • New Taxes Expense $5,700
  • Gross Income $2,475
  • Net Operating Income $20,636

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,573

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 912.00
  • Property Type: Residential Income
  • Parcel Number: 5257002001
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 309.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7327.00
  • Lot Size Acres: 0.1680

Multi Family

  • Gross Income: 2475.00
  • Gross Scheduled Income: 29700.00
  • Insurance Expense: 1451.00
  • Lot Size Area: 7327.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 20636.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 9063.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5700.00
  • Tax Lot: 1
  • Tax Tract Number: 12160
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2015
Sold by
Zhang Wenjie
Bought by
Zhang Wenjie and Li Lihua
Current Estimated Value
$1,091,206

Purchase Details

Listed on
Oct 22, 2013
Closed on
Jan 6, 2014
Sold by
Expeditors International Of Washington I
Bought by
Zhang Wenjie
Seller's Agent
Patrick Swanson
Pat Swanson
Buyer's Agent
Patrick Swanson
Pat Swanson
List Price
$475,000
Sold Price
$590,000
Premium/Discount to List
$115,000
24.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$354,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2013
Closed on
Dec 24, 2013
Sold by
Cao Manda Leying
Bought by
Zhang Wenjie
Seller's Agent
Patrick Swanson
Pat Swanson
Buyer's Agent
Patrick Swanson
Pat Swanson
List Price
$475,000
Sold Price
$590,000
Premium/Discount to List
$115,000
24.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2012
Sold by
White Robert E
Bought by
Expeditors International Of Washington I

Purchase Details

Closed on
Mar 2, 2005
Sold by
Moopenn Thomas and Case #313768 R
Bought by
Expeditors International Of Wa Inc

Purchase Details

Closed on
Aug 12, 2003
Sold by
Firstkolb Llc
Bought by
Moopenn Thomas and Moopenn Julie

Purchase Details

Closed on
Oct 4, 1999
Sold by
Moopenn Thomas and Moopenn Julie L
Bought by
Firstkolb Llc

Purchase Details

Closed on
Sep 4, 1998
Sold by
Hoang David and Quach May
Bought by
Moopenn Thomas and Moopenn Julie L

Purchase Details

Closed on
Mar 13, 1997
Sold by
Wong Cordelia
Bought by
Wong Anthony

Purchase Details

Closed on
Nov 15, 1996
Sold by
Ta Bill
Bought by
Hoang David and Quach May

Purchase Details

Closed on
Jan 26, 1995
Sold by
Kokoris Genevieve Ann and Petruzzi Anna Marie
Bought by
Hoang David and Quach May

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,200
Interest Rate
9.21%
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
Zhang Wenjie -- Accommodation
Zhang Wenjie -- Chicago Title
Zhang Wenjie -- Chicago Title
Expeditors International Of Washington I -- None Available
Expeditors International Of Wa Inc $375,000 --
Moopenn Thomas -- --
Firstkolb Llc -- --
Moopenn Thomas $210,000 Fidelity Title
Wong Anthony -- Stewart Title
Hoang David -- --
Hoang David $219,000 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Zhang Wenjie $354,000
Previous Owner Hoang David $153,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2014 01/09/14 Sold $590,000 +24.2% $309 / Sq Ft
12/09/2013 12/09/13 Pending -- -- --
10/22/2013 10/22/13 For Sale $475,000 -- $249 / 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
2025 $9,573 $723,249 $551,634 $171,615
2024 $9,573 $709,068 $540,818 $168,250
2023 $9,382 $695,165 $530,214 $164,951
2022 $8,942 $681,535 $519,818 $161,717
2021 $8,836 $668,173 $509,626 $158,547
2020 $8,786 $661,323 $504,401 $156,922
2019 $8,525 $648,357 $494,511 $153,846
2018 $8,475 $635,645 $484,815 $150,830
2016 $7,852 $610,964 $465,990 $144,974
2015 $7,730 $601,788 $458,991 $142,797
2014 -- $426,402 $312,697 $113,705
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13215005

California Regional Multiple Listing Service (CRMLS)

APN: 5257-002-001