NOT LISTED FOR SALE

4413 1/2 Merced Ave Baldwin Park, CA 91706

Estimated Value: $536,690

2 Beds
2 Baths
1,142 Sq Ft
1.26 Acres

Last Sold June 24, 2020

Last sale price $368,000 $322 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,360/month

Highlights

  • 1.26 Acre Lot
  • Laundry Room
  • Central Heating and Cooling System
  • 2 Car Attached Garage

About This Home

As of October 2020

Great opportunity to lease a 2 or 3 (have a family room on 1st floor) bedrooms and 2 full baths, living room, dining area, kitchen and 2 car garage with storage shelves. Central A/C, front yard is good size for BBQ area. Close to all shopping and transportation. Easy access to I-605/I-10 freeways. A must see!

Last Agent to Rent the Property

Frank Chai

KO TAI REALTY License #01320535 Listed on: 09/10/2020

KO TAI REALTY

Last Renter's Agent

Deric Sun

KO TAI REALTY License #00852551

KO TAI REALTY

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,056

Year Built

  • Built in 1981

Lot Details

  • 1.26

Parking

  • 2 Car Attached Garage

Home Design

  • 1,142 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry Room
  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • 30 Units

Listing and Financial Details

  • Security Deposit $1,900
  • Rent includes trash collection
  • 12-Month Minimum Lease Term
  • Available 9/21/20
  • Tax Lot 1
  • Tax Tract Number 40649
  • Assessor Parcel Number 8542008100

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,056

Year Built

Built in 1981

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2020-09-21
  • Credit Check Paid By: Tenant
  • Deposit Key: 85
  • Deposit Other: 250
  • Deposit Security: 1900
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • View: No
  • Zoning: BPR3*
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 8542008100
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1142.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1.66
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Baldwin Park Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 54675.00
  • Lot Size Acres: 1.2552

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 54675.0000 Square Feet
  • Number Of Units In Community: 30
  • Number Of Units Total: 30
  • Rent Includes: Trash Collection

Tax Info

  • Tax Census Tract: 4049.01
  • Tax Lot: 1
  • Tax Tract Number: 40649

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2020
Closed on
Jun 18, 2020
Sold by
Cho Myung
Bought by
Lu Jingquan
Seller's Agent
Myung H. Cho
Real Estate eBroker Inc.
Buyer's Agent
FRANK CHAI
KO TAI REALTY
List Price
$369,000
Sold Price
$368,000
Premium/Discount to List
-$1,000
-0.27%
Current Estimated Value
$536,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,690
Avg. Annual Appreciation
7.04%
Original Mortgage
$276,000
Outstanding Balance
$245,731
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$276,408

Purchase Details

Listed on
Jan 3, 2017
Closed on
Feb 23, 2017
Sold by
Chien Pei Ling Chang
Bought by
Cho Myung
Seller's Agent
Jennifer Lee
RE/MAX 2000 REALTY
Buyer's Agent
Michelle Cho
Real Estate eBroker Inc.
List Price
$298,000
Sold Price
$292,000
Premium/Discount to List
-$6,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$189,800
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 1, 2015
Sold by
Chien Pei Ling Chang
Bought by
Chien Pei Ling Chang and Trust Of Pei Ling Chang Chien

Purchase Details

Listed on
Nov 4, 2014
Closed on
Dec 11, 2014
Sold by
Xu Huayong
Bought by
Chien Pei Ling Chang and Yang Shang Jung
Seller's Agent
Winnie Tang
Pinnacle Real Estate Group
Buyer's Agent
Ying Jiang
CA REAL ESTATE AND FINANCE INC
List Price
$248,000
Sold Price
$250,000
Premium/Discount to List
$2,000
0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$168,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2010
Sold by
Castillo Raul
Bought by
Xu Huayong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 2000
Sold by
Rahimi Khashuei Maria N
Bought by
Castillo Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
8.2%

Purchase Details

Closed on
Jan 7, 1998
Sold by
Rahimi Khashuei Ali
Bought by
Rahimi Khashuei Maria Nenita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,300
Interest Rate
7.14%

Purchase Details

Closed on
Dec 1, 1997
Sold by
Peniche Maria Delsocorro
Bought by
Rahimi Khashuei Maria Nenita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,300
Interest Rate
7.14%

Purchase Details

Closed on
Aug 8, 1997
Sold by
Hud
Bought by
Penoche Maria Delsocorro

Purchase Details

Closed on
Apr 11, 1997
Sold by
Heras Micaela
Bought by
Countrywide Home Loans Inc and Countrywide Funding Corp

Purchase Details

Closed on
Mar 27, 1997
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Sep 13, 1996
Sold by
Heras Micaela
Bought by
New Haven Corp

Purchase Details

Closed on
Jun 13, 1995
Sold by
Hud
Bought by
Heras Micaela and Rebolledo Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,550
Interest Rate
7.59%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 1995
Sold by
Padilla Henry
Bought by
Countrywide Funding Corp

Purchase Details

Closed on
Jan 24, 1995
Sold by
Countrywide Funding Corp
Bought by
Hud

Purchase Details

Closed on
May 25, 1994
Sold by
Richard G Witkin Inc
Bought by
Peppertree Ltd Home Owners Assn
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
Lu Jingquan $368,000 Chicago Title Company
Cho Myung $292,000 Fidelity National Title Co
Chien Pei Ling Chang -- None Available
Chien Pei Ling Chang $250,000 Title 365
Xu Huayong $175,000 Pacific Coast Title Company
Castillo Raul $83,000 Gateway Title Company
Rahimi Khashuei Maria Nenita -- American Title
Rahimi Khashuei Maria Nenita $67,000 American Title
Penoche Maria Delsocorro $52,000 California Counties Title Co
Countrywide Home Loans Inc $92,291 Landsafe Title
Hud -- Landsafe Title
New Haven Corp -- --
Heras Micaela $87,000 California Counties Title Co
Countrywide Funding Corp $76,272 Western Cities Title
Hud -- Western Cities Title
Peppertree Ltd Home Owners Assn $5,547 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Jingquan $276,000
Previous Owner Cho Myung $94,238
Previous Owner Cho Myung $189,800
Previous Owner Chien Pei Ling Chang $168,000
Previous Owner Xu Huayong $167,251
Previous Owner Xu Huayong $171,830
Previous Owner Castillo Raul $250,000
Previous Owner Castillo Raul G $160,000
Previous Owner Castillo Raul $91,000
Previous Owner Castillo Raul $91,500
Previous Owner Castillo Raul $83,000
Previous Owner Castillo Raul $80,500
Previous Owner Rahimi Khashuei Maria Nenita $60,300
Previous Owner Heras Micaela $86,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Rented $1,900 0.0% --
10/27/2020 10/27/20 Off Market $1,900 -- --
09/26/2020 09/26/20 Price Changed $1,900 0.0% $2 / Sq Ft
09/26/2020 09/26/20 For Rent $1,900 -5.0% --
09/22/2020 09/22/20 Under Contract -- -- --
09/10/2020 09/10/20 For Rent $2,000 0.0% --
06/24/2020 06/24/20 Sold $368,000 -0.3% $322 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $369,000 +26.4% $323 / Sq Ft
03/17/2017 03/17/17 Sold $292,000 -2.0% $256 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $298,000 +19.2% $261 / Sq Ft
12/16/2014 12/16/14 Sold $250,000 +0.8% $219 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
11/04/2014 11/04/14 For Sale $248,000 -- $217 / 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 $5,056 $402,458 $247,162 $155,296
2024 $5,056 $394,567 $242,316 $152,251
2023 $5,004 $386,831 $237,565 $149,266
2022 $5,104 $379,247 $232,907 $146,340
2021 $5,028 $371,812 $228,341 $143,471
2020 $4,210 $309,870 $159,074 $150,796
2019 $3,955 $303,795 $155,955 $147,840
2018 $3,756 $297,840 $152,898 $144,942
2016 $3,162 $253,812 $118,378 $135,434
2015 $3,249 $250,000 $116,600 $133,400
2014 $2,478 $184,267 $55,068 $129,199
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20186778

California Regional Multiple Listing Service (CRMLS)

APN: 8542-008-100