Seller's Agent in 2021
Sharon Liu
RE/MAX
(626) 758-0937
255 Total Sales
409 N Monterey St Alhambra, CA 91801
Estimated Value: $1,446,000 - $1,660,000
6
Beds
4
Baths
2,590
Sq Ft
$599/Sq Ft
Est. Value
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Garfield Elementary School Rated A-
- Laundry Room
- Front Yard
About This Home
As of December 2021Desirable location in North Alhambra. Two houses (3 units) on one lot. Front house features a living room, 3 bedrooms and 2 bathrooms. A master suit has its own bathroom for the convenience. It has central A/C, laundry inside, dual pane windows and hardwood floors. Kitchen was renovated with granite counter-tops. The second unit is a cozy 1 bedroom & 1 bathroom suit above garage, with living room and kitchen. The rear house has 2 bedrooms & 1 bathroom, stone counter and wood floors. It has split AC unit, partial dual-pane windows, laundry inside, and back yard with fruit trees. Roll-up garage doors with remote control. The property has plenty of onsite parking spaces. Close to shops, entertainment, and restaurants, including Costco and Home Depot, also located near public transportation and is just minutes away from FWY 10 for convenient access to other parts of LA, FWY 710 and FWY 5. Don't miss out on this great investment opportunity!
Last Agent to Sell the Property
Re/Max Premier Prop Arcadia License #01720175 Listed on: 09/27/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,278
Year Built
- Built in 1934
Lot Details
- 7,503 Sq Ft Lot
- No Common Walls
- Front Yard
Parking
- 3 Car Garage
Home Design
- 2,590 Sq Ft Home
- Triplex
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 22
- Tax Tract Number 4803
- Assessor Parcel Number 5337005020
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $70
- Insurance Expense $2,190
- Water Sewer Expense $2,460
- Operating Expense $5,640
- Gross Income $49,680
- Net Operating Income $44,040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2021
Closed on
Dec 16, 2021
Sold by
Leung Tak S and Leung Le T
Bought by
Chow Lipson Jon and Chang Irene May
Seller's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
Buyer's Agent
Josephine Yang
Coldwell Banker Residential Brokerage
List Price
$1,395,000
Sold Price
$1,340,000
Premium/Discount to List
-$55,000
-3.94%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,605
Avg. Annual Appreciation
4.10%
Original Mortgage
$850,000
Outstanding Balance
$784,981
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$765,210
Purchase Details
Closed on
Oct 22, 2009
Sold by
Lee Anthony W and Lee Victor J
Bought by
Leung Tak S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 12, 2006
Sold by
Lam Sue Thao and Lam Mai Xuan
Bought by
Lee Anthony W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Sep 4, 2001
Sold by
Wu Jiang Qing
Bought by
Lam Mai Xuan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.91%
Purchase Details
Closed on
Aug 30, 2001
Sold by
Antoci John M and The Antoci Family Trust
Bought by
Lam Sue Thao
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.91%
Purchase Details
Closed on
Jun 3, 1999
Sold by
Antoci John M and Antoci Family Revocable Trust
Bought by
Antoci John M and Antoci Family Trust B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chow Lipson Jon | $1,340,000 | Wfg National Title Company | |
| Leung Tak S | $799,000 | Lawyers Title | |
| Lee Anthony W | $800,000 | First American Title Co | |
| Lam Mai Xuan | -- | Investors Title Company | |
| Lam Sue Thao | $325,000 | Investors Title Company | |
| Antoci John M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chow Lipson Jon | $850,000 | |
| Previous Owner | Leung Tak S | $250,000 | |
| Previous Owner | Leung Tak S | $330,000 | |
| Previous Owner | Lee Anthony W | $600,000 | |
| Previous Owner | Lam Sue Thao | $462,000 | |
| Previous Owner | Lam Sue Thao | $462,000 | |
| Previous Owner | Lam Sue Thao | $275,250 | |
| Previous Owner | Lam Sue Thao | $260,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2021 12/30/21 | Sold | $1,340,000 | -3.9% | $517 / Sq Ft |
| 09/30/2021 09/30/21 | For Sale | $1,395,000 | -- | $539 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $17,278 | $1,422,017 | $923,250 | $498,767 |
| 2024 | $17,278 | $1,394,136 | $905,148 | $488,988 |
| 2023 | $17,074 | $1,366,800 | $887,400 | $479,400 |
| 2022 | $16,247 | $1,340,000 | $870,000 | $470,000 |
| 2021 | $11,947 | $952,815 | $666,615 | $286,200 |
| 2019 | $11,531 | $924,556 | $646,844 | $277,712 |
| 2018 | $11,535 | $906,428 | $634,161 | $272,267 |
| 2016 | $10,613 | $871,233 | $609,537 | $261,696 |
| 2015 | $10,454 | $858,148 | $600,382 | $257,766 |
| 2014 | $10,325 | $841,339 | $588,622 | $252,717 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2021
Josephine Yang
Coldwell Banker Residential Brokerage
(626) 823-8145
37 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR21207903
APN: 5337-005-020
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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