$750,000
SOLD DEC 29, 2017

3667 Maine Ave Baldwin Park, CA 91706

5 Beds
3 Baths
2,096 Sq Ft
10,316 Sq Ft Lot

Recently Sold

$358 Per Sq Ft

3% Below List Price

93 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • Central Air
  • No HOA
  • Landscaped

About This Home

As of May 2020

INCOME PROPERTY LOCATED IN NICE AREA OF NORTH BALDWIN PARK. FRONT UNIT WAS REMODELED IN 1998 WITH OAK CABINETS IN THE KITCHEN AND BATHROOMS. LARGE PRIVATE MASTER BEDROOM THAT LEADS TO A PRIVATE BACKYARD. SECOND UNIT IS SEPARATE WITH REMODELED KITCHEN AND BATHROOM. BOTH UNITS HAS THEIR OWN 2 CAR GARAGE AND SEPARATE YARDS. BACK UNIT HAS ROOM TO MAKE INTO A 3 BEDROOM 2 BATHS. GREAT INCOME OPPORTUNITY FOR INVESTORS. MUST SEE TO APPRECIATE.

Last Agent to Sell the Property

TUSONG NGUYEN

RE/MAX TOP PRODUCERS License #01402972 Listed on: 08/30/2017

Last Buyer's Agent

Danny Hy

Pinnacle Real Estate Group License #01917877

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,156

Year Built

  • Built in 1939

Lot Details

  • 10,316 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Lawn

Parking

  • 4 Car Garage

Interior Spaces

  • 2,096 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 4,5
  • Tax Tract Number 4052

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Operating Expense $2,100
  • Gross Income $37,800
  • Net Operating Income $31,937

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,156

Year Built

Built in 1939

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 357.82

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10316.00

Multi Family

  • Gross Income: 37800.00
  • Gross Scheduled Income: 37800.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 31937.00
  • 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: 2100.00
  • Rent Control: No
  • Total Expenses: 2100.00

Tax Info

  • Tax Lot: 4,5
  • Tax Tract Number: 4052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Apr 16, 2020
Sold by
Man Johnson and Man Elsa
Bought by
Kwok Philip and Kwok Fanny L
Seller's Agent
Danny Hy
Pinnacle Real Estate Group
Buyer's Agent
Danny Hy
Pinnacle Real Estate Group
List Price
$848,000
Sold Price
$825,000
Premium/Discount to List
-$23,000
-2.71%
Current Estimated Value
$1,058,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,802
Avg. Annual Appreciation
4.79%
Original Mortgage
$562,500
Outstanding Balance
$502,276
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$556,526

Purchase Details

Listed on
Aug 30, 2017
Closed on
Nov 22, 2017
Sold by
Tran Jennifer H and Nguyen Family Trust
Bought by
Man Johnson and Man Elsa
Seller's Agent
TUSONG NGUYEN
RE/MAX TOP PRODUCERS
Buyer's Agent
Danny Hy
Pinnacle Real Estate Group
List Price
$770,000
Sold Price
$750,000
Premium/Discount to List
-$20,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$450,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2016
Closed on
Sep 28, 2016
Sold by
Golden Group Investments & Services Llc
Bought by
Tran Jennifer H and Nguyen Family Trust
Seller's Agent
AIDA PUGLIESE
BALDWIN PARK REAL ESTATE
Buyer's Agent
TUSONG NGUYEN
RE/MAX TOP PRODUCERS
List Price
$718,800
Sold Price
$700,000
Premium/Discount to List
-$18,800
-2.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%

Purchase Details

Closed on
Apr 22, 2014
Sold by
Pugliese Ivar
Bought by
Golden Group Investments & Services Llc

Purchase Details

Closed on
Feb 26, 2014
Sold by
Pugliese Ivar
Bought by
Golden Group Investments & Services Llc

Purchase Details

Closed on
Apr 3, 1998
Sold by
Renteria Maria
Bought by
Pugliese Ivar
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $825,000 Ticor Title Company Of Ca
Grant Deed $750,000 Lawyers Title Company
Grant Deed $700,000 First American Title Co Los
Grant Deed -- None Available
Grant Deed -- None Available
Gift Deed -- Benefit Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $562,500 New Conventional
Previous Owner $450,000 New Conventional
Previous Owner $247,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2020 05/04/20 Sold $825,000 -2.7% $394 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $848,000 +13.1% $405 / Sq Ft
12/29/2017 12/29/17 Sold $750,000 -2.0% $358 / Sq Ft
11/04/2017 11/04/17 Price Changed $765,000 -0.6% $365 / Sq Ft
08/30/2017 08/30/17 For Sale $770,000 +10.0% $367 / Sq Ft
10/06/2016 10/06/16 Sold $700,000 0.0% $334 / Sq Ft
09/26/2016 09/26/16 Off Market $700,000 -- --
09/11/2016 09/11/16 Price Changed $687,800 -4.3% $328 / Sq Ft
08/31/2016 08/31/16 For Sale $718,800 +2.7% $343 / Sq Ft
08/29/2016 08/29/16 Off Market $700,000 -- --
08/24/2016 08/24/16 For Sale $718,800 -- $343 / 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 $11,156 $902,253 $546,820 $355,433
2024 $11,156 $884,563 $536,099 $348,464
2023 $11,046 $867,220 $525,588 $341,632
2022 $11,277 $850,217 $515,283 $334,934
2021 $11,114 $833,547 $505,180 $328,367
2020 $10,538 $780,300 $473,382 $306,918
2019 $9,890 $765,000 $464,100 $300,900
2018 $9,359 $750,000 $455,000 $295,000
2016 $5,703 $445,277 $279,593 $165,684
2015 $5,863 $438,590 $275,394 $163,196
2014 $4,513 $323,361 $82,534 $240,827
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17201788

California Regional Multiple Listing Service (CRMLS)

APN: 8553-016-012