NOT LISTED FOR SALE

345 S Vernon Ave Unit 4749 Azusa, CA 91702

South Azusa Neighborhood

Estimated Value: $1,153,000 - $1,485,000

7 Beds
3 Baths
2,896 Sq Ft
$434/Sq Ft Est. Value

Last Sold May 20, 2014

Last sale price $631,900 $218 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $7,481/month

17 Days on Market

Highlights

  • 0.3 Acre Lot
  • Contemporary Architecture
  • No HOA
  • Open Floorplan
  • Main Floor Bedroom
  • Cooling System Mounted To A Wall/Window

About This Home

As of May 2014

HARD TO FIND, THREE UNITS IN GOOD CONDITION. FRONT HOUSE HAS 3 BEDROOMS AND I BATH AND BACK UNITS EACH HAVE 2 BEDROOMS, 1 BATH AND 2 CAR GARAGES. EACH UNIT HAS A PRIVATE YARD/PATIO AREA. NEW ROOFS WERE INSTALLED .ABOUT ONE YEAR AGO AND THE EXTERIOR WAS REPAINTED AT THAT TIME. FRONT HOUSE HAS NEWER CARPET, NEWER WINDOWS, BATHROOM SINK AND CABINET, LAUNDRY HOOKUPS IN THE GARAGE. ALL UNITS HAVE GARBAGE DISPOSALS AND WINDOW AIR CONDITIIONERS. EACH ONE HAS SEPARATE METERS.
PROPERTY SOLD AS IS.

DRIVE BY ONLY. DO NOT WALK ON PROPERTY AND PLEASE DO NOT DISTURB TENANTS. MAKE OFFER SUBJECT TO INSPECTION.

Last Agent to Sell the Property

MARY ANN ZAMEL

ZAMEL REAL ESTATE INC. License #00782961 Listed on: 02/20/2014

Last Buyer's Agent

Steve Hang

COLDWELL BANKER DYNASTY/ARC License #01260352

COLDWELL BANKER DYNASTY/ARC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,382

Year Built

  • Built in 1964

Lot Details

  • 0.3 Acre Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Contemporary Architecture
  • Turnkey
  • Permanent Foundation
  • Composition Roof

Interior Spaces

  • 2,896 Sq Ft Home
  • Open Floorplan
  • Living Room
  • Property Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 120
  • Tax Tract Number 13824
  • Assessor Parcel Number 8614027013

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units
  • Foothills

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $800
  • New Taxes Expense $8,190
  • Gross Income $3,900
  • Net Operating Income $35,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,382

Year Built

Built in 1964

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 8614027013
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: Doors - Swing In
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 218.20
  • Room Type: Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Permanent
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Unknown

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Asphalt, Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12861.00
  • Lot Size Acres: 0.2950

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Average2 Bed Area: 950
  • Average3 Bed Area: 100
  • Gross Income: 3900.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 800.00
  • Lot Size Area: 12861.0000 Square Feet
  • Net Operating Income: 35800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 11000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8190.00
  • Tax Lot: 120
  • Tax Tract Number: 13824
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2019
Sold by
Ross Faustine Lam and Lam Faustine
Bought by
Lam Ross Faustine and The Kyle And Faustine Ross Rev
Current Estimated Value
$1,257,858

Purchase Details

Listed on
Feb 20, 2014
Closed on
Apr 8, 2014
Sold by
Bennett Berva
Bought by
Lam Faustine
Seller's Agent
MARY ANN ZAMEL
ZAMEL REAL ESTATE INC.
Buyer's Agent
Steve Hang
COLDWELL BANKER DYNASTY/ARC
List Price
$639,000
Sold Price
$631,900
Premium/Discount to List
-$7,100
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$339,000
Outstanding Balance
$256,657
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$1,001,201

Purchase Details

Closed on
Nov 21, 2012
Sold by
Bennett Berva Dawn and Berva Bennett Revocable Trust
Bought by
Bennett Berva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2006
Sold by
Bennett Berva Dawn
Bought by
Bennett Berva Dawn and Berva Bennett Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.5%
Mortgage Type
New Conventional
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
Lam Ross Faustine -- None Available
Lam Faustine $632,000 Ort
Lam Faustino -- Ort
Bennett Berva -- Lawyers Title Company
Bennett Berva Dawn -- Southland Title
Bennett Berva Dawn -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Faustino $339,000
Closed Lam Faustine $339,000
Previous Owner Bennett Berva $195,000
Previous Owner Bennett Berva Dawn $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2014 05/20/14 Sold $631,900 -1.1% $218 / Sq Ft
03/09/2014 03/09/14 Pending -- -- --
02/20/2014 02/20/14 For Sale $639,000 -- $221 / 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 $10,382 $783,314 $514,856 $268,458
2024 $10,041 $767,956 $504,761 $263,195
2023 $9,781 $752,899 $494,864 $258,035
2022 $9,662 $738,137 $485,161 $252,976
2021 $9,420 $723,665 $475,649 $248,016
2020 $9,244 $716,245 $470,772 $245,473
2019 $9,115 $702,202 $461,542 $240,660
2018 $8,602 $688,435 $452,493 $235,942
2016 $8,238 $661,704 $434,923 $226,781
2015 $8,103 $651,766 $428,391 $223,375
2014 $1,549 $84,156 $22,580 $61,576
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    MARY ANN ZAMEL

    ZAMEL REAL ESTATE INC.

    (626) 233-5080

    6 Total Sales

    MARY ANN ZAMEL
    Section Image
  • Steve Hang

    Buyer's Agent in 2014

    Steve Hang

    COLDWELL BANKER DYNASTY/ARC

    (626) 446-8999

    19 Total Sales

    Steve Hang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14036504

California Regional Multiple Listing Service (CRMLS)

APN: 8614-027-013

California Los Angeles County Azusa 91702 South Azusa

345 S Vernon Ave Unit 4749, Azusa, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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