NOT LISTED FOR SALE

3431 Barnes Ave Baldwin Park, CA 91706

Estimated Value: $699,000 - $891,000

3 Beds
2 Baths
1,192 Sq Ft
$665/Sq Ft Est. Value

Last Sold March 01, 2013

Last sale price $275,000 $231 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $4,492/month

15 Days on Market

Highlights

  • Wall Furnace
  • Sierra Vista High Rated A-
  • 5-minute walk to Baldwin Park American Little League

About This Home

As of March 2013

Corner lot, 2 unit property, first unit is a separate building and yard, includes 2 bedrooms, 1 bath with new carpet and linoleum, fresh two tone interior paint, and new water heater. The second unit with it's own yard is a one bedroom, 1 bath unit. Attached to this is a converted space with one room and a bath (unknown if permitted). Seller makes no warranties or representation as to the condition of the property. Buyer to verify all information. Do not walk on property without appointment.

Last Agent to Sell the Property

Leocadia Salas

Real Estate eBroker Inc. License #01856255 Listed on: 07/11/2012

Real Estate eBroker Inc.

Last Buyer's Agent

Eddie Dominguez

Eddie Dominguez, Broker License #01006577

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 9,366

Parking

  • 6 Parking Spaces

Home Design

  • 1,192 Sq Ft Home

Additional Features

  • 9,366 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 163
  • Tax Tract Number 10104
  • Assessor Parcel Number 8550015040

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $300
  • Trash Expense $300
  • New Taxes Expense $3,750
  • Net Operating Income $18,210

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 8550015040
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Price Per Square Foot: 230.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 300.00

Lot Info

  • Lot Size Sq Ft: 9366.00
  • Lot Size Acres: 0.2150

Multi Family

  • Gross Scheduled Income: 22560.00
  • Insurance Expense: 300.00
  • Lot Size Area: 9366.0000 Square Feet
  • Net Operating Income: 18210.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 4350.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3750.00
  • Tax Lot: 163
  • Tax Tract Number: 10104
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2015
Sold by
Lam Tot V and Nguyen Stephanie H
Bought by
Tot Van Lam Living Trust and Stephanie Huynh Nguyen Living Trust
Current Estimated Value
$792,324

Purchase Details

Closed on
Jul 30, 2012
Sold by
Wells Fargo Bank Na
Bought by
Lam Tto V and Nguyen Stephanie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
3.34%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 5, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
3.34%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 27, 2011
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
May 26, 2011
Sold by
Deoca Raymond Montes
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 17, 2011
Sold by
Deoca Raymond Montes
Bought by
The Raymond Montes De Oca Revocable Trus

Purchase Details

Closed on
Feb 19, 2008
Sold by
Deoca Raymond Montes and De Oca Jose Nunez Montes
Bought by
Deoca Raymond Montes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,450
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2005
Sold by
Deoca Raymond Montes
Bought by
Deoca Raymond Montes and Deoca Jose Nunez

Purchase Details

Closed on
Mar 1, 2005
Sold by
Cardenas Sergio
Bought by
Deoca Raymond Montes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2004
Sold by
Sandoval Lorena and Cardenas Sergio
Bought by
Cardenas Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2001
Sold by
3441 Inc
Bought by
Sandoval Lorena and Cardenas Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,033
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2000
Sold by
Grace Living Trust and Marie
Bought by
3441 Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tot Van Lam Living Trust -- None Available
Lam Tto V $275,000 Service Link
Wells Fargo Bank Na -- Servicelink
Federal Home Loan Mortgage Corp -- None Available
Wells Fargo Bank Na $269,000 None Available
The Raymond Montes De Oca Revocable Trus -- None Available
Deoca Raymond Montes -- Chicago Title Company
Deoca Raymond Montes -- --
Deoca Raymond Montes $510,000 Landsafe Title
Cardenas Sergio -- Landsafe Title
Sandoval Lorena $192,000 Commonwealth Title
3441 Inc $89,500 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lam Tto V $206,250
Previous Owner Deoca Raymond Montes $494,450
Previous Owner Deoca Raymond Montes $408,000
Previous Owner Cardenas Sergio $255,000
Previous Owner Sandoval Lorena $189,033
Closed Deoca Raymond Montes $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2013 03/01/13 Sold $275,000 -8.3% $231 / Sq Ft
07/26/2012 07/26/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $299,900 -- $252 / 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 $4,674 $338,632 $246,282 $92,350
2024 $4,674 $331,993 $241,453 $90,540
2023 $4,625 $325,484 $236,719 $88,765
2022 $4,703 $319,103 $232,078 $87,025
2021 $4,632 $312,847 $227,528 $85,319
2020 $4,621 $309,640 $225,195 $84,445
2019 $4,360 $303,570 $220,780 $82,790
2018 $4,098 $297,618 $216,451 $81,167
2016 $3,863 $286,063 $208,047 $78,016
2015 $3,963 $281,767 $204,922 $76,845
2014 $3,916 $276,248 $200,908 $75,340
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Leocadia Salas

    Real Estate eBroker Inc.

    Section Image

  • E

    Buyer's Agent in 2013

    Eddie Dominguez

    Eddie Dominguez, Broker

    (626) 912-0417

    11 Total Sales

    Eddie Dominguez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: H12086632

California Regional Multiple Listing Service (CRMLS)

APN: 8550-015-040

California Los Angeles County Baldwin Park 91706

3431 Barnes Ave, Baldwin Park, CA

Not Listed for Sale

MultiFamily

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