NOT LISTED FOR SALE

4032 Velma Ave El Monte, CA 91731

Northwest El Monte Neighborhood

Estimated Value: $537,000 - $620,654

1 Bed
1 Bath
640 Sq Ft
$892/Sq Ft Est. Value

Last Sold December 11, 2013

Last sale price $265,000 $414 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,363/month

5 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Cooling Available
  • Rosemead High School Rated A

About This Home

As of December 2013

NOT A SHORT SALE OR REO!! TURNKEY HOME ON AN OVERSIDED R2 LOT!! LISTING FEATURES NEW EXTERIOR/INTERIOR PAINT, NEW WOOD LAMINATE FLOORING IN LIVNG ROOM, AND KITCHEN AND NEW CARPET IN BEDROOM, NEW GRANITE KITCHEN COUNTERTOPS AND NEW KITCHEN CABINETS, NEW STAINLESS STEEL GAS/RANGE OVEN, MICROWAVE, AND DISHWASHER, NEW WINDOWS THROUGHOUT, INSIDE WASHER/DRYER HOOKUPS, LONG DRIVEWAY WITH LOTS OF ROOM FOR PARKING!!! PLENTY OF ROOM TO EXPAND!! MUST SEE TO APPRECIATE!!!

Last Agent to Sell the Property

Bryan Cathcart

Lenders Realty License #01314231 Listed on: 11/21/2013

Last Buyer's Agent

Chun Mei Chang

IRN Realty License #01191679

IRN Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 6,706

Home Design

  • 640 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Bedrooms Down
  • 1 Full Bathroom

Additional Features

  • 6,706 Sq Ft Lot
  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 40
  • Tax Tract Number 7700
  • Assessor Parcel Number 8577019003

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8577019003
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 640.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Price Per Square Foot: 414.06
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 6706.00
  • Lot Size Acres: 0.1540

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6706.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 40
  • Tax Tract Number: 7700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2013
Closed on
Feb 5, 2014
Sold by
Huang June
Bought by
Lee Francis Chifu and Chen Huey Jen
Seller's Agent
Bryan Cathcart
Lenders Realty
Buyer's Agent
Chun Mei Chang
IRN Realty
List Price
$239,000
Sold Price
$265,000
Premium/Discount to List
$26,000
10.88%
Current Estimated Value
$570,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,664
Avg. Annual Appreciation
6.56%

Purchase Details

Listed on
Nov 21, 2013
Closed on
Feb 4, 2014
Sold by
Lee Chwen
Bought by
Chen Huey Jen
Seller's Agent
Bryan Cathcart
Lenders Realty
Buyer's Agent
Chun Mei Chang
IRN Realty
List Price
$239,000
Sold Price
$265,000
Premium/Discount to List
$26,000
10.88%

Purchase Details

Listed on
Nov 21, 2013
Closed on
Nov 29, 2013
Sold by
Pacifica Loan Pool One Lp
Bought by
Huang June
Seller's Agent
Bryan Cathcart
Lenders Realty
Buyer's Agent
Chun Mei Chang
IRN Realty
List Price
$239,000
Sold Price
$265,000
Premium/Discount to List
$26,000
10.88%

Purchase Details

Closed on
Apr 15, 2013
Sold by
Bank Of America Na
Bought by
Pacifica Loan Pool One Lp

Purchase Details

Closed on
Nov 21, 2012
Sold by
Clementis Joshiwa R
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 22, 2012
Sold by
Clements Joshiwa R
Bought by
Gonzalez Jacob R and Clements Joshiwa R

Purchase Details

Closed on
Aug 22, 2006
Sold by
Clements Joshiwa R and Gonzalez Nathan A
Bought by
Clements Joshiwa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
2.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 15, 2005
Sold by
Gonzalez Javier
Bought by
Clements Joshiwa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 15, 2003
Sold by
Gonzalez Lucia
Bought by
Gonzalez Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2003
Sold by
Gonzalez Gilberto and Gonzalez Guillermo
Bought by
Gonzalez Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 4, 1995
Sold by
Gonzalez Lucia
Bought by
Gonzalez Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
7.74%

Purchase Details

Closed on
Jun 8, 1995
Sold by
Cheng Ying and Velma Avenue Trust
Bought by
Gonzalez Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
7.74%

Purchase Details

Closed on
Mar 2, 1995
Sold by
Gonzalez Jose R and Chen Ying
Bought by
Chen Ying and Velma Ave Trust

Purchase Details

Closed on
Feb 17, 1995
Sold by
Gonzalez Javier
Bought by
Gonzalez Gilberto
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
Lee Francis Chifu $269,000 Lawyers Title Company
Chen Huey Jen -- Lawyers Title Company
Huang June $265,000 Usa Title Company
Pacifica Loan Pool One Lp $148,633 First American Els
Bank Of America Na $206,550 Landsafe Title
Gonzalez Jacob R -- None Available
Clements Joshiwa R -- North American Title Co
Clements Joshiwa R $300,000 First American Title Ins Co
Gonzalez Javier -- --
Gonzalez Javier -- --
Gonzalez Javier -- --
Gonzalez Javier $108,000 Title Land Company
Chen Ying $40,156 World Title Company
Gonzalez Gilberto -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clements Joshiwa R $364,500
Previous Owner Clements Joshiwa R $270,000
Previous Owner Gonzalez Javier $163,000
Previous Owner Gonzalez Javier $163,000
Previous Owner Gonzalez Javier $102,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2013 12/11/13 Sold $265,000 0.0% $414 / Sq Ft
11/26/2013 11/26/13 Pending -- -- --
11/25/2013 11/25/13 Price Changed $265,000 +10.9% $414 / Sq Ft
11/21/2013 11/21/13 For Sale $239,000 -- $373 / 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 $4,578 $329,256 $263,432 $65,824
2024 $4,578 $322,801 $258,267 $64,534
2023 $4,492 $316,472 $253,203 $63,269
2022 $4,295 $310,268 $248,239 $62,029
2021 $4,352 $304,185 $243,372 $60,813
2019 $4,400 $295,164 $236,154 $59,010
2018 $4,332 $289,377 $231,524 $57,853
2016 $4,155 $278,142 $222,535 $55,607
2015 $4,108 $273,965 $219,193 $54,772
2014 $3,998 $265,000 $212,000 $53,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Bryan Cathcart

    Lenders Realty

    Section Image
  • Chun Mei Chang

    Buyer's Agent in 2013

    Chun Mei Chang

    IRN Realty

    (626) 512-5242

    23 Total Sales

    Chun Mei Chang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13235435

California Regional Multiple Listing Service (CRMLS)

APN: 8577-019-003

California Los Angeles County El Monte 91731 Northwest El Monte

4032 Velma Ave, El Monte, CA

Not Listed for Sale

Detached

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