NOT LISTED FOR SALE

Estimated Value: $1,606,000 - $1,965,000

6 Beds
4 Baths
2,638 Sq Ft
$686/Sq Ft Est. Value

Last Sold August 09, 2012

Last sale price $740,000 $281 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $10,327/month

209 Days on Market

Highlights

  • Laundry Room
  • Abraham Lincoln Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of August 2012

BOM-subject to cancellation of existing escrow. Almost rebuilt in 2002. Lexury 2unit apt + single unit.Unit 1(1st fl): 3br-2ba, harwwood fl, good size master br /w spa, hot water heating floor, beautiful kitchen. 2nd unit(upstair):2br-2ba, large balcony, hard woow fl. nice kitchen. Both unit has own CA, water heater, laundry hook-up.4car garage(2 space was converted to studio, rented $650/mon).

Last Agent to Sell the Property

Nam Chun

Re/Max Tri-City Realty License #01008371 Listed on: 01/03/2012

Last Buyer's Agent

Soonwon Man

New Star Realty & Investment License #01858535

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,061

Year Built

  • Built in 1955

Lot Details

  • 6,459

Parking

  • 4 Car Garage

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • 6,459 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5607015017

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $730
  • Water Sewer Expense $1,200
  • Operating Expense $11,950
  • Gross Income $5,250
  • Net Operating Income $51,050

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,061

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5607015017
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6459.00
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Multiplier: 12.46
  • Gross Operating Income: 5250.00
  • Gross Scheduled Income: 63000.00
  • Insurance Expense: 730.00
  • Lot Size Area: 6459.0000 Square Feet
  • Net Operating Income: 51050.00
  • 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: 11950.00
  • Total Expenses: 11950.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2012
Closed on
Aug 8, 2012
Sold by
Tchung Irene
Bought by
Chung Beomsup and Chung Soonchun
Seller's Agent
Nam Chun
Re/Max Tri-City Realty
Buyer's Agent
Soonwon Man
New Star Realty & Investment
Sold Price
$740,000
Current Estimated Value
$1,809,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,069,397
Avg. Annual Appreciation
6.99%

Purchase Details

Closed on
Jan 13, 2010
Sold by
Tchung Irene and Chung Jai Woung
Bought by
Tchung Irene

Purchase Details

Closed on
Apr 24, 2000
Sold by
Tchung Irene
Bought by
Tchung Irene and Chung Jai Woung

Purchase Details

Closed on
Mar 9, 2000
Sold by
Yung Leora Yat Tan
Bought by
Poon Patrick M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.95%

Purchase Details

Closed on
Feb 15, 2000
Sold by
Poon Lucia Y
Bought by
Tchung Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.95%
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
Chung Beomsup $740,000 Fidelity National Title
Tchung Irene -- None Available
Tchung Irene -- --
Poon Patrick M -- Chicago Title Co
Tchung Irene $285,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tchung Irene $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2012 08/09/12 Sold $740,000 -- $281 / Sq Ft
07/30/2012 07/30/12 Pending -- -- --
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 $10,061 $911,242 $517,193 $394,049
2024 $10,061 $893,375 $507,052 $386,323
2023 $9,835 $875,859 $497,110 $378,749
2022 $9,664 $858,686 $487,363 $371,323
2021 $9,494 $841,850 $477,807 $364,043
2019 $9,133 $816,883 $463,636 $353,247
2018 $8,936 $800,867 $454,546 $346,321
2016 $8,518 $769,771 $436,897 $332,874
2015 $8,345 $758,209 $430,335 $327,874
2014 $8,284 $743,358 $421,906 $321,452
Source: Public Records

Agents Affiliated with this Home

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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-22159849

Pasadena-Foothills Association of REALTORS®

APN: 5607-015-017