NOT LISTED FOR SALE

Estimated Value: $604,000 - $955,000

7 Beds
3 Baths
1,296 Sq Ft
$633/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $660,000 $509 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,774/month

20 Days on Market

About This Home

As of November 2020

Beautiful Duplex in a desirable area of El Monte, near to school, shopping center, restaurants, easy Fwy access, Front house is 4 bed 2 baths, back home is 2 bed 1 bath, plus one studio of 1bed 1 bath. This is an excellent opportunity to live in one and rents the other units

Last Agent to Sell the Property

Marisol Araya

LONE HILL PROPERTIES License #01193072 Listed on: 08/11/2020

Last Buyer's Agent

ANGELES ASCENCIO

RE/MAX OLYMPIC License #01177570

RE/MAX OLYMPIC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,897

Year Built

  • Built in 1937

Lot Details

  • 6,915 Sq Ft Lot
  • No Common Walls

Home Design

  • 1,296 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tax Lot 62
  • Tax Tract Number 7700
  • Assessor Parcel Number 8577019012

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $980
  • Trash Expense $1,368
  • Water Sewer Expense $1,800
  • New Taxes Expense $4,342
  • Operating Expense $8,490

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,897

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: EMR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8577019012
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 509.26

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1368.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6915.00
  • Lot Size Acres: 0.1587

Multi Family

  • Gross Scheduled Income: 56400.00
  • Insurance Expense: 980.00
  • Lot Size Area: 6915.0000 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
  • Total Expenses: 8490.00

Tax Info

  • New Taxes Expense: 4342.00
  • Tax Census Tract: 4328.01
  • Tax Lot: 62
  • Tax Tract Number: 7700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2024
Sold by
Cortes Sergio Martinez and Chavez Emiliano
Bought by
Cortes Sergio Martinez and Carrillo Irma Leticia
Current Estimated Value
$888,827

Purchase Details

Listed on
Aug 11, 2020
Closed on
Oct 28, 2020
Sold by
Lima Irma Leticia
Bought by
Cortes Sergio Martinez
Seller's Agent
Marisol Araya
LONE HILL PROPERTIES
Buyer's Agent
ANGELES ASCENCIO
RE/MAX OLYMPIC
List Price
$749,900
Sold Price
$660,000
Premium/Discount to List
-$89,900
-11.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$648,045
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 11, 2020
Closed on
Sep 9, 2020
Sold by
Gonzalez Jose Luis and Mendoza Teresa Christina
Bought by
Cortes Sergio Martinez and Chavez Emiliano
Seller's Agent
Marisol Araya
LONE HILL PROPERTIES
Buyer's Agent
ANGELES ASCENCIO
RE/MAX OLYMPIC
List Price
$749,900
Sold Price
$660,000
Premium/Discount to List
-$89,900
-11.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,045
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2019
Sold by
Gonzalez Jose Luis
Bought by
Gonzalez Jose Luis and Mendoza Teresa Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,750
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2019
Sold by
Gonzalez Jose Luis and Mendoza Teresa Christina
Bought by
Gonzalez Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,750
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2002
Sold by
Mendoza Jose
Bought by
Gonzalez Jose Luis and Mendoza Teresa Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.96%

Purchase Details

Closed on
Nov 21, 2001
Sold by
Mendoza Teresa Christina and Gonzalez Jose Luis
Bought by
Mendoza Teresa Christina and Mendoza Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,024
Interest Rate
6.63%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 3, 2001
Sold by
Mendoza Teresa Christina and Mendoza Jose
Bought by
Mendoza Teresa Christina and Gonzalez Jose Luis

Purchase Details

Closed on
Aug 25, 1999
Sold by
Nhan Richard W and Nhan W Lao, Shuk
Bought by
Mendoza Teresa Christina and Mendoza Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,870
Interest Rate
7.47%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Cortes Sergio Martinez -- None Listed On Document
Cortes Sergio Martinez -- Fidelity National Title Co
Cortes Sergio Martinez $660,000 Fidelity National Title Co
Gonzalez Jose Luis -- None Available
Gonzalez Jose Luis -- Pacific Coast Title Company
Gonzalez Jose Luis -- Fidelity
Mendoza Teresa Christina -- --
Mendoza Teresa Christina -- --
Mendoza Teresa Christina $170,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cortes Sergio Martinez $648,045
Previous Owner Gonzalez Jose Luis $279,750
Previous Owner Gonzalez Jose Luis $230,000
Previous Owner Gonzalez Jose Luis $150,000
Previous Owner Gonzalez Jose Luis $32,000
Previous Owner Gonzalez Jose Luis $223,510
Previous Owner Gonzalez Jose Luis $220,000
Previous Owner Mendoza Teresa Christina $177,024
Previous Owner Mendoza Teresa Christina $167,016
Previous Owner Mendoza Teresa Christina $168,870
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $660,000 -12.0% $509 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $749,900 -- $579 / 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 $10,897 $714,402 $428,641 $285,761
2024 $10,897 $700,395 $420,237 $280,158
2023 $10,752 $686,663 $411,998 $274,665
2022 $9,738 $673,200 $403,920 $269,280
2021 $9,679 $660,000 $396,000 $264,000
2020 $4,279 $274,713 $170,286 $104,427
2019 $4,342 $269,328 $166,948 $102,380
2018 $4,168 $264,048 $163,675 $100,373
2016 $3,994 $253,796 $157,320 $96,476
2015 $3,950 $249,984 $154,957 $95,027
2014 $3,809 $245,088 $151,922 $93,166
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20140730

California Regional Multiple Listing Service (CRMLS)

APN: 8577-019-012