NOT LISTED FOR SALE

4401 1/2 Merced Ave Baldwin Park, CA 91706

Estimated Value: $470,055 - $560,000

3 Beds
2 Baths
1,142 Sq Ft
$451/Sq Ft Est. Value

Last Sold February 27, 2019

Last sale price $305,000 $267 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,258/month

15 Days on Market

Highlights

  • Gated Community
  • Open Floorplan
  • Corian Countertops
  • 1.26 Acre Lot
  • Main Floor Bedroom
  • Community Pool

About This Home

As of February 2019

INVESTOR'S DREAM. This fixer upper is a perfect starter home or investment property for the right buyer. Plenty of space in this two story condo in the heart of Baldwin Park with so much Potential! Three Bedrooms, two bathrooms, 2 car attached garage in a gated community. Inside Laundry Hookups. Low HOA dues and priced to sell quick. Don't miss this!

Last Agent to Sell the Property

Sue Mehta

One Realty Group License #01890805 Listed on: 01/21/2019

Last Buyer's Agent

OU JUN RYU

IRN REALTY License #01885259

IRN REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,350

Year Built

  • Built in 1981

Lot Details

  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Cosmetic Repairs Needed

Interior Spaces

  • 1,142 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Insulated Windows
  • Family Room
  • Living Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Corian Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 40679
  • Assessor Parcel Number 8542008088

Community Details

Overview

  • 30 Units
  • Peppertree Association

Recreation

  • Community Pool

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,350

Year Built

Built in 1981

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Gated Community
  • View: No
  • Zoning: BPR3*
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 8542008088
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1142.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Stories: 2
  • Entry Location: Ground Floor
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 267.08
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Walk-In Closet
  • Window Features: Insulated Windows
  • Room Kitchen Features: Corian Counters

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 165.00
  • Association Fee Frequency: Monthly
  • Association Name: Peppertree
  • Phone: 000000000
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Baldwin Park Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 54675.00
  • Lot Size Acres: 1.2552

Multi Family

  • Lease Considered: No
  • Lot Size Area: 54675.0000 Square Feet
  • Number Of Units In Community: 30
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4049.01
  • Tax Lot: 1
  • Tax Tract Number: 40679

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2019
Closed on
Feb 18, 2019
Sold by
Patel Kitan
Bought by
Wang Hongzhen and Lu Jingwen
Seller's Agent
Sue Mehta
One Realty Group
Buyer's Agent
OU JUN RYU
IRN REALTY
List Price
$275,000
Sold Price
$305,000
Premium/Discount to List
$30,000
10.91%
Current Estimated Value
$515,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,014
Avg. Annual Appreciation
8.27%

Purchase Details

Closed on
Feb 15, 2007
Sold by
Patel Mukesh and Patel Kitan
Bought by
Patel Kitan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2002
Sold by
Patel Shakuntala K
Bought by
Patel Mukesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,875
Interest Rate
6.86%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 26, 2002
Sold by
Avina Roberto
Bought by
Patel Shakuntala K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,875
Interest Rate
6.86%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 24, 1997
Sold by
Hud
Bought by
Avina Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,150
Interest Rate
7.56%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 5, 1996
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Oct 4, 1995
Sold by
Can Jorge J
Bought by
New Haven Corp
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
Wang Hongzhen $305,000 Ticor Title
Patel Kitan -- Old Republic Title Company
Patel Mukesh -- First American
Patel Mukesh -- --
Patel Shakuntala K $135,000 First American Title Co
Avina Roberto $67,000 California Counties Title Co
Hud -- First Southwestern Title Co
Homeside Lending Inc $101,131 First Southwestern Title Co
New Haven Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Kitan $248,000
Previous Owner Patel Shakuntala K $121,875
Previous Owner Avina Roberto $65,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2019 02/27/19 Sold $305,000 0.0% $267 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
02/04/2019 02/04/19 Off Market $305,000 -- --
02/02/2019 02/02/19 For Sale $275,000 -9.8% $241 / Sq Ft
01/29/2019 01/29/19 Off Market $305,000 -- --
01/21/2019 01/21/19 For Sale $275,000 -- $241 / 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 $4,350 $340,227 $181,938 $158,289
2024 $4,350 $333,557 $178,371 $155,186
2023 $4,305 $327,018 $174,874 $152,144
2022 $4,388 $320,607 $171,446 $149,161
2021 $4,321 $314,322 $168,085 $146,237
2019 $1,569 $168,767 $58,675 $110,092
2018 $2,312 $165,459 $57,525 $107,934
2016 $2,168 $159,037 $55,293 $103,744
2015 $2,223 $156,649 $54,463 $102,186
2014 $2,196 $153,582 $53,397 $100,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19015719

California Regional Multiple Listing Service (CRMLS)

APN: 8542-008-088