NOT LISTED FOR SALE

400 N Via Val Verde Montebello, CA 90640

Estimated Value: $988,000 - $1,066,000

3 Beds
3 Baths
2,168 Sq Ft
$471/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $910,000 $420 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,595/month

About This Home

Great opportunity to own a triplex in the heart of Montebello!!! This property features a 2 bedroom 2 bath unit up front and two, 1 bedroom 1 bath units behind and a detached 1 car garage for each unit. All unit are occupied by long time renters however they are month to month. The rents are well below market and have a big opportunity to increase. The 2 bedroom has not been renovated but is in very good condition. The one bedroom behind it was renovated 5 years ago and is in good condition. The last one bedroom has a long term tenant living that has been there for the past 27 years. The wood floors need to be refinished and the kitchen needs to be updated. The bathroom was updated sometime in the past.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2012
Sold by
Nassief Philip and Estate Of Adele Soffa
Bought by
Nassief Phillip and Searls Joyce
Current Estimated Value
$1,021,342
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Nassief Phillip -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2022 04/28/22 Sold $910,000 +7.1% $414 / Sq Ft View Prior Sale
03/09/2022 03/09/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $850,000 -6.6% $386 / Sq Ft
03/07/2022 03/07/22 Off Market $910,000 -- --
03/07/2022 03/07/22 For Sale $850,000 -6.6% $386 / Sq Ft
03/06/2022 03/06/22 Off Market $910,000 -- --
03/06/2022 03/06/22 For Sale $850,000 -6.6% $386 / Sq Ft
03/05/2022 03/05/22 Off Market $910,000 -- --

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 $14,672 $965,698 $594,276 $371,422
2024 $14,672 $946,764 $582,624 $364,140
2023 $14,617 $928,200 $571,200 $357,000
2022 $3,032 $90,725 $42,010 $48,715
2021 $2,888 $88,947 $41,187 $47,760
2019 $2,688 $86,311 $39,966 $46,345
2018 $2,588 $84,620 $39,183 $45,437
2016 $2,490 $81,336 $37,662 $43,674
2015 $2,415 $80,115 $37,097 $43,018
2014 $2,413 $78,547 $36,371 $42,176
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Matt McClelland

    LRS Realty & Management Inc

    Section Image
  • Herb Diaz

    Buyer's Agent in 2022

    Herb Diaz

    PLF Real Estate Solutions

    (562) 639-9636

    1 in this area

    93 Total Sales

    Herb Diaz
    Section Image
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Map

California Los Angeles County Montebello 90640

400 N Via Val Verde, Montebello, CA

Not Listed for Sale

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