NOT LISTED FOR SALE

Alhambra, CA 91803

Emery Park Neighborhood

Estimated Value: $1,040,000 - $1,172,510

4 Beds
3 Baths
2,136 Sq Ft
$512/Sq Ft Est. Value

Last Sold May 02, 2012

Last sale price $620,000 $290 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,566/month

51 Days on Market

Highlights

  • In Ground Spa
  • City Lights View
  • Tudor Architecture
  • Alhambra High School Rated A
  • Wood Flooring
  • Private Yard

About This Home

As of May 2012

Fantastic two houses on one lot. Front House has two bedrooms and two bathrooms around 1,450 Sqft. Back house has two bedrooms around and one bathroom 750 Sqft. Each with separate address and metering. Houses have just been restored with new roof, modern kitchens and bathrooms, refinished wood floors, new crown molding and fresh paint in and out. Houses have newer energy efficient windows, central heating and air conditioning as well as copper piping. The private yard with a pool and deck is a dream. For the investor it's 6.5% gross cap rate with little or no maintenance to worry about. For the single family, rent the other house and own your home for as little as $1,400 per month Or, for two families you can both live together with total privacy and independence. Property sold as is.

Last Agent to Sell the Property

Shannon Chang

Re/Max Premier Properties License #01759646 Listed on: 03/06/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,591

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 6,962 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Garage Door Opener
  • Parking Lot

Property Views

  • City Lights
  • Woods
  • Pool

Home Design

  • Tudor Architecture
  • Additions or Alterations
  • Raised Foundation
  • Frame Construction
  • Wood Siding
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Utility Room
  • Laundry Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Home Security

  • Security Lights
  • Fire and Smoke Detector

Eco-Friendly Details

  • Water-Smart Landscaping

Pool

  • In Ground Spa
  • Private Pool
  • Fence Around Pool

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Assessor Parcel Number 5292010022

Community Details

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,591

Year Built

Built in 1924 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • CapRate: 6.50
  • Property Attached: No
  • Security: Security Lights, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Tudor
  • Property Condition: Additions/Alterations, Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5292010022
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room
  • Room Type: Entry, Living Room, Utility Room, Walk-In Closet
  • Spa Features: In Ground
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • View: City Lights, Pool, Trees/Woods
  • Pool Features: Fenced, Private
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Concrete, Frame, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Door Opener, Parking Space
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooking, Gas Water Heater, Oven, Range
  • Heating Type: Fireplace(s), Forced Air, Natural Gas
  • Laundry Features: Common Area, In Closet, Individual Room

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Walkstreet, Yard
  • Lot Size Sq Ft: 6962.00
  • Lot Size Acres: 0.1598

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6962.0000 Square Feet
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Total Actual Rent: 40800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2023
Sold by
Spee Christine K and Spee Jennifer I
Bought by
Christine K Spee Trust and Jennifer Spee Separate Property Trust
Current Estimated Value
$1,094,128

Purchase Details

Listed on
Mar 6, 2012
Closed on
Apr 17, 2012
Sold by
Parrague Carlos and Chang Shannon
Bought by
Spee Christine K and Spee Jenifer I
Seller's Agent
Shannon Chang
Re/Max Premier Properties
List Price
$628,000
Sold Price
$620,000
Premium/Discount to List
-$8,000
-1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$465,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2011
Sold by
Wells Fargo Bank N A
Bought by
Parrague Carlos and Chang Shannon

Purchase Details

Closed on
Aug 15, 2011
Sold by
Mccarthy James R
Bought by
Wells Fargo Bank Na and Wachovia Mortgage

Purchase Details

Closed on
May 25, 2007
Sold by
Mccarthy James R and Maccarthy James R
Bought by
Mccarthy James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2003
Sold by
Maccarthy James R and Heinzman David Lee
Bought by
Maccarthy James R

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
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2003
Sold by
Mccarthy James
Bought by
Mccarthy James and Heinzman David Lee

Purchase Details

Closed on
Aug 22, 2002
Sold by
Ortiz Investments Inc
Bought by
Mccarthy James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.25%

Purchase Details

Closed on
Jul 12, 2002
Sold by
Homeq Servicing Corp
Bought by
Ortiz Evaristo and Ortiz Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.25%

Purchase Details

Closed on
Apr 25, 2002
Sold by
Ma Zong Yan
Bought by
Homeq Servicing Corp

Purchase Details

Closed on
Aug 14, 1998
Sold by
Yan C K
Bought by
Ma Zong Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
6.88%

Purchase Details

Closed on
Nov 11, 1997
Sold by
Tse Nicolas and Tse Nicholas
Bought by
Yan C K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.23%

Purchase Details

Closed on
Nov 3, 1997
Sold by
Maruffo Estela M
Bought by
Tse Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.23%

Purchase Details

Closed on
Nov 8, 1994
Sold by
Maruffo Estela Munoz
Bought by
Maruffo Estela Munoz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
9.27%
Source: Public Records

Range of Values:

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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
Christine K Spee Trust -- None Listed On Document
Spee Christine K $620,000 Pacific Coast Title
Parrague Carlos $345,000 Fidelity National Title Co
Wells Fargo Bank Na $404,803 Accommodation
Mccarthy James R -- Stewart Title
Maccarthy James R $17,700 Landamerica Lawyers Title Co
Mccarthy James -- --
Mccarthy James $350,000 Stewart Title
Ortiz Investments Inc -- Stewart Title
Ortiz Evaristo $235,000 Fidelity National Title Co
Homeq Servicing Corp $265,000 Fidelity National Title
Ma Zong Yan $235,000 American Coast Title
Yan C K -- --
Tse Nicholas $195,000 United Title
Maruffo Estela Munoz -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spee Christine K $465,000
Previous Owner Mccarthy James R $501,000
Previous Owner Maccarthy James R $382,500
Previous Owner Mccarthy James $280,000
Previous Owner Ortiz Evaristo $188,000
Previous Owner Ma Zong Yan $211,500
Previous Owner Tse Nicholas $175,500
Previous Owner Maruffo Estela Munoz $173,000
Closed Mccarthy James $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2012 05/02/12 Sold $620,000 -1.3% $290 / Sq Ft
04/26/2012 04/26/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $628,000 -- $294 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $9,591 $778,742 $467,247 $311,495
2024 $9,591 $763,474 $458,086 $305,388
2023 $9,493 $748,504 $449,104 $299,400
2022 $9,038 $733,829 $440,299 $293,530
2021 $8,941 $719,441 $431,666 $287,775
2020 $8,894 $712,065 $427,240 $284,825
2019 $8,627 $698,104 $418,863 $279,241
2018 $8,655 $684,416 $410,650 $273,766
2016 $7,956 $657,842 $394,705 $263,137
2015 $7,837 $647,962 $388,777 $259,185
2014 $7,739 $635,270 $381,162 $254,108
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Shannon Chang

    RE/MAX

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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-22162168

Pasadena-Foothills Association of REALTORS®

APN: 5292-010-022

California Los Angeles County Alhambra 91801

Emery Park

Not Listed for Sale

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