NOT LISTED FOR SALE

4024 Merced Ave Baldwin Park, CA 91706

Estimated Value: $815,000 - $983,491

4 Beds
2 Baths
1,982 Sq Ft
$449/Sq Ft Est. Value

Last Sold July 13, 2015

Last sale price $432,000 $218 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $5,197/month

91 Days on Market

About This Home

As of July 2015

Sold Before Processing - Duplex, Great opportunity for first time buyer. Live in one unit and max rent the other unit.

Last Agent to Sell the Property

Adan Hernandez

No Firm Affiliation License #01337461 Listed on: 04/13/2015

Last Buyer's Agent

Adan Hernandez

No Firm Affiliation License #01337461 Listed on: 04/13/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 0.49 Acre Lot
  • 1 Common Wall

Parking

  • 2 Car Garage

Home Design

  • 1,982 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 26579
  • Assessor Parcel Number 8544032071

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Property Type: Residential Income
  • Parcel Number: 8544032071
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 217.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 21422.00
  • Price Per Lot Square Foot: 20.17
  • Lot Size Acres: 0.4920

Multi Family

  • Lot Size Area: 21422.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 26579

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2018
Sold by
Chavez Rodolfe Cordova
Bought by
Chavez Luis
Current Estimated Value
$890,873

Purchase Details

Listed on
Apr 13, 2015
Closed on
Jul 2, 2015
Sold by
Chavez Luis
Bought by
Chavez Luis and Chavez Rodolfo Cordova
Seller's Agent
Adan Hernandez
No Firm Affiliation
Buyer's Agent
Adan Hernandez
No Firm Affiliation
List Price
$432,000
Sold Price
$432,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$350,000
Outstanding Balance
$272,623
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$618,250

Purchase Details

Closed on
Aug 24, 2005
Sold by
Chavez Luis A
Bought by
Cordova Karla P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 2, 2003
Sold by
Chavez Luis A and Hernandez Olivia
Bought by
Chavez Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2000
Sold by
Yanez Enrique and Yanez Irma
Bought by
Chavez Luis A and Hernandez Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,062
Interest Rate
8.55%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 1999
Sold by
Montano Antonia
Bought by
Yanez Enrique and Yanez Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
3.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chavez Luis -- None Available
Chavez Luis $437,500 Old Republic Title
Chavez Luis $437,500 Old Republic Title
Cordova Karla P -- Old Republic Title
Chavez Luis -- Ortc
Cordova Karla P -- --
Chavez Luis A -- Ticor Title Company
Chavez Luis A $237,000 --
Yanez Enrique $160,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Luis $350,000
Previous Owner Cordova Karla P $320,000
Previous Owner Chavez Luis A $284,000
Previous Owner Chavez Luis A $235,062
Previous Owner Yanez Enrique $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2015 07/13/15 Sold $432,000 0.0% $218 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $432,000 -- $218 / 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 $7,004 $517,904 $355,136 $162,768
2024 $7,004 $507,750 $348,173 $159,577
2023 $6,935 $497,796 $341,347 $156,449
2022 $7,062 $488,036 $334,654 $153,382
2021 $6,957 $478,468 $328,093 $150,375
2020 $6,943 $473,563 $324,729 $148,834
2019 $6,546 $464,278 $318,362 $145,916
2018 $6,039 $455,175 $312,120 $143,055
2017 $5,942 $446,250 $306,000 $140,250
2016 $5,693 $437,500 $300,000 $137,500
2015 $7,484 $568,527 $426,397 $142,130
2014 -- $557,391 $418,045 $139,346
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Adan Hernandez

    No Firm Affiliation

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15152992

California Regional Multiple Listing Service (CRMLS)

APN: 8544-032-071

California Los Angeles County Baldwin Park 91706

4024 Merced Ave, Baldwin Park, CA

Not Listed for Sale

MultiFamily

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