NOT LISTED FOR SALE

412 S Electric Ave Alhambra, CA 91803

Estimated Value: $1,014,000 - $1,164,000

4 Beds
3 Baths
1,871 Sq Ft
$592/Sq Ft Est. Value

Last Sold September 17, 2013

Last sale price $563,000 $301 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $6,751/month

32 Days on Market

Highlights

  • Primary Bedroom Suite
  • Den
  • Central Air
  • William Northrup Elementary School Rated A-
  • Living Room

About This Home

As of September 2013

THIS IS A WONDERFUL PROPERTY YOU DO NOT WANT TO MISS, GOOD CONDITION FRONT HOUSE 3 BEDROOMS AND 2 BATHROOMS, NEW AIRCONDITION AND NEW ROOF, ALL REMODELED IN 2006 LAKE MODEL HOME, BACK HOUSE NEW WOOD FLOOR IN LIVING ROOM AND BED ROOM, NEW TILE FLOOR IN KITCHEN AND BATHROOM, BIG PARKING SPACES, CLOSE TO SHOPING, RESTURANT.SUBJECT TO INSPECTION.

Last Agent to Sell the Property

Sheng Chiang

Sheng T. Chiang, BROKER License #01493214 Listed on: 07/22/2013

Last Buyer's Agent

Katty Nguyen

IRN Realty License #01907616

IRN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,620

Year Built

  • Built in 1924

Lot Details

  • 6,996 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Interior Spaces

  • 1,871 Sq Ft Home
  • Entryway
  • Living Room
  • Den

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Bathrooms

Additional Features

  • Urban Location
  • Central Air

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance
  • Tax Lot 24
  • Tax Tract Number 5265
  • Assessor Parcel Number 5343012013

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $50
  • Insurance Expense $550
  • Trash Expense $40
  • Water Sewer Expense $80
  • New Taxes Expense $4,800
  • Gross Income $2,655
  • Net Operating Income $24,470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,620

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 80.00
  • Property Type: Residential Income
  • Gardener Expense: 50.00
  • Parcel Number: 5343012013
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 300.91
  • Room Type: Den, Entry, Living Room, Master Suite

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Water Available
  • Laundry: No
  • Trash Expense: 40.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6996.00
  • Lot Size Acres: 0.1610

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance

Multi Family

  • Gross Income: 2655.00
  • Gross Scheduled Income: 31860.00
  • Insurance Expense: 550.00
  • Lot Size Area: 6996.0000 Square Feet
  • Net Operating Income: 24470.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 7390.00
  • Rent Control: No
  • Total Actual Rent: 2655.00

Tax Info

  • New Taxes Expense: 4800.00
  • Tax Lot: 24
  • Tax Tract Number: 5265

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2013
Closed on
Sep 6, 2013
Sold by
Chiang Sheng Teh and Chiang Mei Ling
Bought by
Chau Vu and Nguyen Christina
Seller's Agent
Sheng Chiang
Sheng T. Chiang, BROKER
Buyer's Agent
Katty Nguyen
IRN Realty
List Price
$598,000
Sold Price
$563,000
Premium/Discount to List
-$35,000
-5.85%
Current Estimated Value
$1,107,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$544,205
Avg. Annual Appreciation
5.61%
Original Mortgage
$422,250
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2008
Sold by
Mo Matthew K and Mo Christina
Bought by
Chiang Sheng Teh and Chiang Mei Ling

Purchase Details

Closed on
Jun 6, 2003
Sold by
Lo Suena Lew
Bought by
Mo Matthew K and Mo Christina
Source: Public Records

Range of Values:

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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
Chau Vu $563,000 Title 365
Chiang Sheng Teh $540,000 Ortc
Mo Matthew K $325,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chau Vu $413,000
Closed Chau Vu $422,250
Previous Owner Mo Matthew K $350,000
Previous Owner Lo Suena Lew $220,000
Closed Mo Matthew K $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2013 09/17/13 Sold $563,000 -5.9% $301 / Sq Ft
08/23/2013 08/23/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $598,000 -- $320 / 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 $8,620 $690,151 $551,634 $138,517
2024 $8,620 $676,619 $540,818 $135,801
2023 $8,544 $663,353 $530,214 $133,139
2022 $8,141 $650,347 $519,818 $130,529
2021 $8,055 $637,596 $509,626 $127,970
2020 $8,013 $631,059 $504,401 $126,658
2019 $7,776 $618,686 $494,511 $124,175
2018 $7,727 $606,556 $484,815 $121,741
2016 $7,108 $583,004 $465,990 $117,014
2015 $7,002 $574,248 $458,991 $115,257
2014 $6,916 $563,000 $450,000 $113,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Sheng Chiang

    Sheng T. Chiang, BROKER

    (626) 512-3116

    Sheng Chiang
    Section Image
  • Katty Nguyen

    Buyer's Agent in 2013

    Katty Nguyen

    IRN Realty

    (626) 384-8665

    4 Total Sales

    Katty Nguyen
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13144570

California Regional Multiple Listing Service (CRMLS)

APN: 5343-012-013

California Los Angeles County Alhambra 91803

412 S Electric Ave, Alhambra, CA

This home is located at 412 S Electric Ave, Alhambra, CA 91803 since 22 July 2013 and is currently estimated at $1,107,205, approximately $591 per square foot. This property was built in 1924. 412 S Electric Ave is a home located in Los Angeles County with nearby schools including William Northrup Elementary School, Alhambra High School, and All Souls World Language Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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