NOT LISTED FOR SALE

Montrose, CA 91020

Sparr Heights Neighborhood

Estimated Value: $1,088,000 - $1,380,000

3 Beds
2 Baths
1,491 Sq Ft
$822/Sq Ft Est. Value

Last Sold July 08, 2013

Last sale price $650,000 $436 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $7,191/month

63 Days on Market

Highlights

  • Mediterranean Architecture
  • Laundry Room
  • Forced Air Heating and Cooling System
  • La Crescenta Elementary School Rated A-
  • 1 Attached Carport Space

About This Home

As of July 2013

Back on Market. Great income property 2 on a corner lot 1 bed 1 bath on pleasure way & 2 bed 1 bath place on Hermosa Ave. Nice & quiet neighbor, poperty located in city of Montrose, near restaurants shopping & transportation.

Last Agent to Sell the Property

Jennifer Koo

JK Property Services, Inc License #01080239 Listed on: 04/30/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,903

Year Built

  • Built in 1950

Lot Details

  • 5,789 Sq Ft Lot

Parking

  • 1 Car Garage
  • 1 Attached Carport Space
  • Parking Available

Home Design

  • Mediterranean Architecture

Interior Spaces

  • Living Room with Fireplace
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Assessor Parcel Number 5610025049

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,080
  • Insurance Expense $1,300
  • Water Sewer Expense $1,100
  • Net Operating Income $31,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,903

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1100.00
  • Architectural Style: Mediterranean
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 5610025049
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Appliances: Yes
  • Fireplace Features: Living Room

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Attached Carport, Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooking, Gas Oven, Gas Water Heater
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5789.00
  • Lot Size Acres: 0.1329

Rental Info

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

Multi Family

  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 5789.0000 Square Feet
  • Net Operating Income: 31800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2017
Sold by
Taw Lim Liam and Yeowtaw Evelyn Hooi
Bought by
Jet Mba Investment Llc
Current Estimated Value
$1,226,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$438,765
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$787,259

Purchase Details

Closed on
Sep 12, 2017
Sold by
Jet Mba Investment Llc
Bought by
Taw Lim Liam and Yeowtaw Evelyn Hooi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$438,765
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$787,259

Purchase Details

Closed on
Jul 3, 2014
Sold by
Taw Lim L and Yeow Taw Evelyn H
Bought by
Jet Mba Investment Llc

Purchase Details

Listed on
Apr 30, 2013
Closed on
Jul 1, 2013
Sold by
Bo & Chris Llc
Bought by
Taw Lim L and Yeow Taw Evelyn H
Seller's Agent
Jennifer Koo
JK Property Services, Inc
List Price
$659,000
Sold Price
$650,000
Premium/Discount to List
-$9,000
-1.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$450,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2008
Sold by
Choi Won Hee and Choi Young Ho
Bought by
Bo & Chris Llc

Purchase Details

Closed on
Mar 5, 2008
Sold by
Us Bank Na
Bought by
Choi Won Hee and Choi Young Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,600
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2007
Sold by
Park Lina
Bought by
Us Bank Na and Citigroup Mortgage Loan Trust 2006-He3

Purchase Details

Closed on
Jun 1, 2006
Sold by
Kim Seung Hwa
Bought by
Park Lina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
8.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2006
Sold by
Akopyan Zare
Bought by
Kim Seung Hwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
8.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2006
Sold by
Kim Hong Seup
Bought by
Kim Seung Hwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
8.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2005
Sold by
Pew Garry A and Pew Eleanor K
Bought by
Akopyan Zare

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,600
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2004
Sold by
Pew Garry A and Pew Eleanor K
Bought by
Pew Garry A and Pew Eleanor K
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
Jet Mba Investment Llc -- None Available
Taw Lim Liam -- Wfg National Title Company
Jet Mba Investment Llc -- None Available
Taw Lim L $650,000 Chicago Title Company
Bo & Chris Llc -- Accommodation
Choi Won Hee $612,000 First American Title Company
Us Bank Na $510,000 None Available
Park Lina $800,000 Stewart Title Of Ca Inc
Kim Seung Hwa $720,000 Lawyers Title
Kim Seung Hwa $720,000 Lawyers Title
Akopyan Zare $662,000 First Southwestern Title
Pew Garry A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taw Lim Liam $525,000
Previous Owner Taw Lim L $450,000
Previous Owner Choi Won Hee $489,600
Previous Owner Park Lina $640,000
Previous Owner Kim Seung Hwa $576,000
Previous Owner Akopyan Zare $529,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2013 07/08/13 Sold $650,000 -1.4% $436 / Sq Ft
07/02/2013 07/02/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $659,000 -- $442 / 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 $8,903 $796,800 $478,082 $318,718
2024 $8,903 $781,177 $468,708 $312,469
2023 $8,705 $765,861 $459,518 $306,343
2022 $8,362 $750,845 $450,508 $300,337
2021 $8,219 $736,124 $441,675 $294,449
2020 $8,101 $728,577 $437,147 $291,430
2019 $7,904 $714,292 $428,576 $285,716
2018 $7,753 $700,287 $420,173 $280,114
2016 $7,399 $673,096 $403,858 $269,238
2015 $7,248 $662,986 $397,792 $265,194
2014 $7,190 $650,000 $390,000 $260,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jennifer Koo

    JK Property Services, Inc

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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-22175018

Pasadena-Foothills Association of REALTORS®

APN: 5610-025-049

California Los Angeles County Montrose 91020

Sparr Heights

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