NOT LISTED FOR SALE

3938 Velma Ave El Monte, CA 91731

Northwest El Monte Neighborhood

Estimated Value: $744,000 - $1,073,000

5 Beds
3 Baths
1,800 Sq Ft
$489/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $520,000 $289 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,249/month

23 Days on Market

Highlights

  • Mountain View
  • Private Yard
  • Laundry Room
  • Rosemead High School Rated A
  • No HOA
  • Central Heating

About This Home

As of September 2017

Great large home in El Monte ready for it's new family. This home features 5 bedrooms & 3 bathrooms with estimated 1,800 sqft of living space and on a 6,708 sqft lot. The home has been split up with 3 bedrooms 1 bath in the front and 2 bedrooms 2 baths in the back of home with several access points to enter. There's a attached 1.5 car garage with additional square feet added to use as room/work shop area. Close to schools, shopping, freeways, parks and entertainment, make an offer NOW before this great property is gone!!

Last Agent to Sell the Property

Rhina Franco

Top Producers Realty Partners License #01474029 Listed on: 06/26/2017

Top Producers Realty Partners

Co-Listed By

David Franco

MGR REAL ESTATE, INC. License #01333075

Last Buyer's Agent

Richard Lee

KO TAI REALTY License #01878718

KO TAI REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 6,708 Sq Ft Lot
  • Private Yard
  • Back and Front Yard
  • Property is zoned EMR2YY

Parking

  • 1.5 Car Garage

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 47
  • Tax Tract Number 7700
  • Assessor Parcel Number 8577021002

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: EMR2YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8577021002
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1800.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 288.89
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.50
  • Total Parking Spaces: 1.50

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Yard
  • Lot Size Sq Ft: 6708.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4328.01
  • Tax Lot: 47
  • Tax Tract Number: 7700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2017
Closed on
Aug 18, 2017
Sold by
Guzman Yolanda
Bought by
Yang Sa and Weyand Tobias Christopher
Seller's Agent
Rhina Franco
Top Producers Realty Partners
Buyer's Agent
Richard Lee
KO TAI REALTY
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Current Estimated Value
$879,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,595
Avg. Annual Appreciation
6.48%
Original Mortgage
$340,000
Outstanding Balance
$179,742
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$699,853

Purchase Details

Closed on
Aug 26, 2016
Sold by
Guzman Gonzalo R
Bought by
Gonzalo R Guzman & Yolanda Guzman Living

Purchase Details

Closed on
Feb 18, 2004
Sold by
Lee Ann
Bought by
Guzman Gonzalo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2003
Sold by
Lee Paul Bih Shinn
Bought by
Lee Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,800
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2003
Sold by
Cheng Frank
Bought by
Lee Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,800
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2001
Sold by
Peng Chao Xian
Bought by
Cheng Frank

Purchase Details

Closed on
Jul 31, 1996
Sold by
Peng Chao Xian
Bought by
Cheng Frank

Purchase Details

Closed on
Sep 19, 1995
Sold by
Fields Geraldine F and Alice C Mctaggart 1987 Trust
Bought by
Peng Chao Xian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.62%

Purchase Details

Closed on
Sep 13, 1995
Sold by
Cheng Frank
Bought by
Peng Chao Xian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yang Sa $520,000 Chicago Title Company
Gonzalo R Guzman & Yolanda Guzman Living -- None Available
Guzman Gonzalo R $354,000 Southland Title
Lee Ann -- Southland Title Corporation
Lee Ann $341,000 Southland Title Corporation
Cheng Frank -- --
Peng Chao Xian -- --
Cheng Frank -- --
Peng Chao Xian $100,000 Title Land Company
Peng Chao Xian -- Title Land Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Sa $340,000
Previous Owner Guzman Gonzalo R $274,000
Previous Owner Lee Ann $272,800
Previous Owner Peng Chao Xian $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2017 09/15/17 Sold $520,000 -1.0% $289 / Sq Ft
09/09/2017 09/09/17 For Sale $525,000 0.0% $292 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $525,000 -- $292 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,168 $591,665 $473,334 $118,331
2024 $8,168 $580,064 $464,053 $116,011
2023 $7,927 $568,691 $454,954 $113,737
2022 $7,576 $557,541 $446,034 $111,507
2021 $7,683 $546,610 $437,289 $109,321
2020 $7,743 $541,007 $432,806 $108,201
2019 $7,872 $530,400 $424,320 $106,080
2018 $7,698 $520,000 $416,000 $104,000
2016 $6,632 $425,159 $326,319 $98,840
2015 $6,542 $418,774 $321,418 $97,356
2014 $6,300 $410,571 $315,122 $95,449
Source: Public Records

Agents Affiliated with this Home

  • Rhina Franco

    Seller's Agent in 2017

    Rhina Franco

    Top Producers Realty Partners

    (323) 997-2376

    54 Total Sales

    Rhina Franco
    Section Image

  • D

    Seller Co-Listing Agent in 2017

    David Franco

    MGR REAL ESTATE, INC.

    Section Image

  • R

    Buyer's Agent in 2017

    Richard Lee

    KO TAI REALTY

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR17144971

California Regional Multiple Listing Service (CRMLS)

APN: 8577-021-002

California Los Angeles County El Monte 91731 Northwest El Monte

3938 Velma Ave, El Monte, CA

Not Listed for Sale

Detached

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