NOT LISTED FOR SALE

4159 La Madera Ave El Monte, CA 91732

Norwood Cherrylee Neighborhood

Estimated Value: $931,252 - $1,139,000

9 Beds
5 Baths
3,233 Sq Ft
$322/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $560,000 $173 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $6,228/month

About This Home

As of March 2016

THREE SEPERATE UNITS IN ONE HUGE LOT EACH WITH THERE OWN GARAGE , PROPERTIES NEED TLC .

Last Agent to Sell the Property

Jorge Jara

SoCal 5 Real Estate License #01204137 Listed on: 02/24/2016

Last Buyer's Agent

Jorge Jara

SoCal 5 Real Estate License #01204137 Listed on: 02/24/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 0.55 Acre Lot
  • No Common Walls

Parking

  • 6 Car Garage

Home Design

  • 3,233 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 11202
  • Assessor Parcel Number 8548010033

Community Details

Overview

  • 4 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Trash Expense $1,000
  • Water Sewer Expense $1,245
  • New Taxes Expense $10,595
  • Gross Income $5,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Parking

6

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1245.00
  • Property Type: Residential Income
  • Parcel Number: 8548010033
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 173.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 18.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 23853.00
  • Price Per Lot Square Foot: 23.48
  • Lot Size Acres: 0.5480

Multi Family

  • Average2 Bed Area: 1082
  • Average3 Bed Area: 1008
  • Gross Income: 5000.00
  • Gross Scheduled Income: 5000.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 23853.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 1176.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10595.00
  • Tax Lot: 22
  • Tax Tract Number: 11202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2017
Sold by
Lara Martin
Bought by
Lara Martin
Current Estimated Value
$1,041,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,000
Outstanding Balance
$468,501
Interest Rate
4.21%
Mortgage Type
New Conventional
Estimated Equity
$572,562

Purchase Details

Listed on
Feb 24, 2016
Closed on
Mar 1, 2016
Sold by
Carrillo Jose Antonio and Gonzalez Rachell
Bought by
Lara Martin
Seller's Agent
Jorge Jara
SoCal 5 Real Estate
Buyer's Agent
Jorge Jara
SoCal 5 Real Estate
List Price
$569,900
Sold Price
$560,000
Premium/Discount to List
-$9,900
-1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$549,857
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 2012
Sold by
Lara Martin
Bought by
Corrillo Jose Antonio and Gonzalez Rochell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,309
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2005
Sold by
Esparza Timoteo A and Esparza Jacqueline Wagner
Bought by
Lara Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$741,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 1999
Sold by
Esparza Timoteo and Wagner Jacqueline J
Bought by
Esparza Timoteo and Wagner Esparza Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
6.73%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lara Martin -- Fidelity National Title Co
Lara Martin $560,000 North American Title Company
Corrillo Jose Antonio $535,000 Ortc
Lara Martin $988,000 Ticor Title Co Glendale
Esparza Timoteo -- Benefit Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lara Martin $563,000
Closed Lara Martin $549,857
Previous Owner Corrillo Jose Antonio $525,309
Previous Owner Lara Martin $741,000
Previous Owner Esparza Timoteo $192,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2016 03/31/16 Sold $560,000 -1.7% $173 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $569,900 +6.5% $176 / Sq Ft
02/21/2013 02/21/13 Sold $535,000 0.0% $165 / Sq Ft View Prior Sale
05/18/2012 05/18/12 Pending -- -- --
09/15/2011 09/15/11 For Sale $535,000 -- $165 / 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 $9,477 $662,920 $544,543 $118,377
2024 $9,477 $649,922 $533,866 $116,056
2023 $9,297 $637,180 $523,399 $113,781
2022 $8,962 $624,687 $513,137 $111,550
2021 $9,071 $612,439 $503,076 $109,363
2020 $9,044 $606,160 $497,918 $108,242
2019 $9,250 $594,275 $488,155 $106,120
2018 $9,004 $582,624 $478,584 $104,040
2016 $10,713 $707,359 $624,141 $83,218
2015 $10,595 $696,734 $614,766 $81,968
2014 $10,193 $683,087 $602,724 $80,363
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jorge Jara

    SoCal 5 Real Estate

    (562) 309-9999

    43 Total Sales

    Jorge Jara
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16039589

California Regional Multiple Listing Service (CRMLS)

APN: 8548-010-033

California Los Angeles County El Monte 91732 Norwood Cherrylee

4159 La Madera Ave, El Monte, CA

Not Listed for Sale

MultiFamily

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