$1,250,000
SOLD SEP 19, 2024

4515 Merced Ave Baldwin Park, CA 91706

5 Beds
3 Baths
2,575 Sq Ft
0.4 Acres

Recently Sold

$485 Per Sq Ft

2% Above List Price

42 Days on Market

Highlights

  • 0.4 Acre Lot
  • Ductless Heating Or Cooling System
  • Heating Available
  • Crown Molding
  • Laundry Room
  • Back Yard

About This Home

As of September 2024

MOVE IN READY:: Great opportunity. Beautiful Remodeled Detach Units. Ready to Move In. Total Living Square footage 2575. Big Lot 17635 Square footage. This Property also offers 2 car garage for each unit, and long driveway plenty room for 8 cars. The Front House features 3 bedrooms 2baths living area 1433.
The back house feature 2 bedrooms 1 bathroom living area 952. Gas and Electricity are separated Meters.
Must See! to appreciate the beauty of this great property.

Last Agent to Sell the Property

MARTHA RODRIGUEZ-VASQUEZ

Century 21 Masters License #01199833 Listed on: 04/17/2024

Century 21 Masters

Last Buyer's Agent

YANHUA LIU

RE/MAX ELITE REALTY License #02080444

RE/MAX ELITE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,769

Year Built

  • Built in 1951

Lot Details

  • 0.4 Acre Lot
  • No Common Walls
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 8 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,575 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 105
  • Tax Tract Number 4624
  • Assessor Parcel Number 8542007043

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,769

Year Built

Built in 1951

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 610000
  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8542007043
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Crown Molding
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 485.44
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Ductless
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 17635.00
  • Lot Size Acres: 0.4048

Multi Family

  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Lot Size Area: 17635.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 105
  • Tax Tract Number: 4624

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Sep 9, 2024
Sold by
Lopez Luz A
Bought by
Wang Jingzhi
Seller's Agent
MARTHA RODRIGUEZ-VASQUEZ
Century 21 Masters
Buyer's Agent
YANHUA LIU
RE/MAX ELITE REALTY
List Price
$1,220,000
Sold Price
$1,250,000
Premium/Discount to List
$30,000
2.46%
Views
58
Current Estimated Value
$1,240,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,761
Avg. Annual Appreciation
-1.54%
Original Mortgage
$700,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2024
Closed on
Aug 22, 2024
Sold by
Gao Peipeng
Bought by
Wang Jingzhi
Seller's Agent
MARTHA RODRIGUEZ-VASQUEZ
Century 21 Masters
Buyer's Agent
YANHUA LIU
RE/MAX ELITE REALTY
List Price
$1,220,000
Sold Price
$1,250,000
Premium/Discount to List
$30,000
2.46%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2007
Sold by
Gallegos Rodolfo and Gallegos Gracia
Bought by
Lopez Luz A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 27, 2003
Sold by
Gallegos Gracia
Bought by
Gallegos Rodolfo and Gallegos Gracia

Purchase Details

Closed on
Mar 24, 2003
Sold by
Gallegos Rodolfo
Bought by
Gallegos Gracia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
5.79%

Purchase Details

Closed on
Oct 2, 1995
Sold by
Onnett Anthoney and Onnett Lupe
Bought by
Gallegos Rodolfo and Gallegos Gracia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.8%
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Grant Deed $1,250,000 Lawyers Title Company
Deed -- Lawyers Title
Grant Deed $655,000 Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First Southwestern Title Co
Grant Deed $152,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 Credit Line Revolving
Closed $700,000 New Conventional
Previous Owner $131,000 Credit Line Revolving
Previous Owner $524,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $264,150 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $200,000 Fannie Mae Freddie Mac
Previous Owner $178,000 No Value Available
Previous Owner $153,000 Unknown
Previous Owner $136,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 Sold $1,250,000 +2.5% $485 / Sq Ft
08/04/2024 08/04/24 For Sale $1,220,000 -2.4% $474 / Sq Ft
07/07/2024 07/07/24 Off Market $1,250,000 -- --
07/05/2024 07/05/24 For Sale $1,220,000 -2.4% $474 / Sq Ft
06/26/2024 06/26/24 Off Market $1,250,000 -- --
06/23/2024 06/23/24 For Sale $1,220,000 -2.4% $474 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/24/2024 05/24/24 Off Market $1,250,000 -- --
05/23/2024 05/23/24 For Sale $1,220,000 -2.4% $474 / Sq Ft
05/22/2024 05/22/24 Off Market $1,250,000 -- --
04/17/2024 04/17/24 For Sale $1,220,000 -- $474 / 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 $11,769 $1,250,000 $875,000 $375,000
2024 $11,769 $930,039 $525,399 $404,640
2023 $10,816 $843,471 $515,098 $328,373
2022 $11,041 $826,934 $504,999 $321,935
2021 $9,325 $684,000 $417,700 $266,300
2020 $9,394 $684,000 $417,700 $266,300
2019 $8,983 $684,000 $417,700 $266,300
2018 $8,625 $684,000 $417,700 $266,300
2016 $6,806 $540,000 $329,900 $210,100
2015 $6,693 $506,000 $309,100 $196,900
2014 $5,744 $424,000 $259,000 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR24076837

California Regional Multiple Listing Service (CRMLS)

APN: 8542-007-043