NOT LISTED FOR SALE

4124 Rincon Ave Montrose, CA 91020

Estimated Value: $1,218,000 - $1,579,000

4 Beds
4 Baths
1,930 Sq Ft
$759/Sq Ft Est. Value

Last Sold November 20, 2018

Last sale price $980,000 $508 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $8,991/month

35 Days on Market

Highlights

  • No Units Above
  • Private Yard
  • Laundry Room
  • John C. Fremont Elementary School Rated A-
  • Cul-De-Sac
  • Foothills

About This Home

As of November 2018

BOM! Magnificent Montrose Duplex: Delicious In Every Way! Stunning Traditional 1-Level on quiet Cul-De-Sac Off Montrose Blvd. Move-In, Turn-Key. Extremely well maintained 2 + 1 + Dining Room + huge Laundry Room each. Can easily and inexpensively convert Laundry Room to .75 Bath + Stacker Laundry for 2 + 2 Units! Approach the clean, mature landscaped front to the bright and cheerful Owner's Unit which has pretty open vistas, Bay Window, and splendid Entertainer's plan. Even has a private umbrella patio area off the kitchen. Beautiful newer concrete driveway to shared double garage off lush and relaxing private back lawn and patio. Features a large, Tuff Shed-type store room/studio behind the garage for Artists, Writers, Musicians, etc. Standard Sale Front Unit Occupant is Part Owner. Spacious, gorgeous back unit, tenant occupied under-market month-to-month at $2,300 mo. Montrose is currently part of unincorporated County of Los Angeles in negotiations for annexation to become part of La Canada-Flintridge which could rocket value higher immediately. Which is good, because it is close to JPL! Walk to Downtown Montrose/Honolulu Ave. Super-quick freeway access to Downtown L.A. and Glendale via 2 Fwy and Pasadena via 210. Super-rare location! Turn-key condition! Low price = your win!

Last Agent to Sell the Property

Barry Burnett

Barry Burnett Realty, Inc. License #00989278 Listed on: 09/04/2018

Last Buyer's Agent

LAWRENCE TANOUYE

L T REALTY License #00644065

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,177

Year Built

  • Built in 1950

Lot Details

  • 7,246 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Sprinklers on Timer
  • Private Yard
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,930 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 216
  • Tax Tract Number 1701
  • Assessor Parcel Number 5807005019

Community Details

Overview

  • 2 Units
  • Foothills

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Operating Expense $6
  • Gross Income $27,600
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,177

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 8188422611
  • Property Attached: Yes
  • Water Sewer Expenses: 1.00
  • Zoning: LCR2YY
  • Property Type: Residential Income
  • Parcel Number: 5807005019
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 507.77

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Front Yard, Landscaped, Level with Street, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 7246.00
  • Lot Size Acres: 0.1663

Multi Family

  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Gross Income: 27600.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 1.00
  • Lot Size Area: 7246.0000 Square Feet
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1.00
  • Rent Control: No
  • Total Expenses: 6.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Census Tract: 3005.02
  • Tax Lot: 216
  • Tax Tract Number: 1701

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Oct 12, 2018
Sold by
Riley Teryl and The 2001 Gunn Family Trust
Bought by
Day Ian and Oshita Kenneth
Seller's Agent
Barry Burnett
Barry Burnett Realty, Inc.
Buyer's Agent
LAWRENCE TANOUYE
L T REALTY
List Price
$974,900
Sold Price
$980,000
Premium/Discount to List
$5,100
0.52%
Current Estimated Value
$1,463,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,962
Avg. Annual Appreciation
6.13%
Original Mortgage
$784,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2001
Sold by
Gunn Larry H and Gunn Monica J
Bought by
Gunn Lawrence H and Gunn Monica J

Purchase Details

Closed on
Feb 7, 2001
Sold by
Carter Nancy and The Nancy Carter Trust
Bought by
Gunn Larry H and Gunn Monica J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Day Ian $980,000 Old Republic Title Company
Gunn Lawrence H -- None Available
Gunn Larry H $350,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Ian $784,000
Closed Day Ian $784,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2018 11/20/18 Sold $980,000 +0.5% $508 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
10/01/2018 10/01/18 Price Changed $974,900 0.0% $505 / Sq Ft
10/01/2018 10/01/18 For Sale $974,900 -2.5% $505 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $999,999 -- $518 / 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 $12,177 $1,093,204 $836,637 $256,567
2024 $12,177 $1,071,770 $820,233 $251,537
2023 $11,732 $1,050,755 $804,150 $246,605
2022 $11,526 $1,030,153 $788,383 $241,770
2021 $11,328 $1,009,955 $772,925 $237,030
2019 $10,970 $980,000 $750,000 $230,000
2018 $5,349 $463,497 $264,857 $198,640
2016 $5,093 $445,501 $254,573 $190,928
2015 $4,983 $438,811 $250,750 $188,061
2014 $4,952 $430,217 $245,839 $184,378
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB18213313

California Regional Multiple Listing Service (CRMLS)

APN: 5807-005-019