NOT LISTED FOR SALE
8 Beds
7 Baths
4,706 Sq Ft
7,616 Sq Ft Lot

Sale Details

Date Sold: December 3, 2016

Last sale price $725,000 $154 Per Sq Ft

12 Days on Market

Highlights

  • No HOA
  • Level Lot
  • Wall Furnace
  • Laundry Room

About This Home

As of December 2016

This Is a Well-Maintained 4 Units With Long Term Tenants In The City Of Montclair. Current Rents are Below Market. Close To Schools and Shopping Centers and Restaurants, Metrolink , Close to 3 major Freeways, the 10 and 60 & 57 , No HOA, 4706 SQFT Total Living Space And Over 7000 SQFT Lot. New Exterior Paint. One Of The Units Has Just Been Completely Remolded. Front Unit Has 3 Bedrooms And 2 Bathroom, 2 Units Have 2 Bedrooms 2 Bathroom. 1 Unit Has 1 Bedroom 1 Bathroom. 2 Upstairs Units Have Balconies. 4 Car Garage.

Last Agent to Sell the Property

Lei Hebel

Realty One Group West License #01389093 Listed on: 10/10/2016

Realty One Group West

Last Buyer's Agent

Camelia Chao

iHome Investment Inc License #01339282

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,616 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,706 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 15
  • Tax Tract Number 6620
  • Assessor Parcel Number 1009481250000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $852
  • Gardener Expense $420
  • Insurance Expense $2,000
  • Trash Expense $200
  • Water Sewer Expense $1,992
  • New Taxes Expense $7,800
  • Gross Income $200
  • Net Operating Income $50,228

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

7,616 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 6.88
  • Property Attached: Yes
  • Water Sewer Expenses: 1992.00
  • Property Type: Residential Income
  • Gardener Expense: 420.00
  • Parcel Number: 1009481250000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 154.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 7616.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 852.00
  • Gross Income: 200.00
  • Gross Multiplier: 11.50
  • Gross Scheduled Income: 63600.00
  • Insurance Expense: 2000.00
  • Laundry Equipment Own Lease: Lease
  • Net Operating Income: 50228.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 13372.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7800.00
  • Tax Lot: 15
  • Tax Tract Number: 6620

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2019
Sold by
Bought by

Purchase Details

Listed on
Oct 10, 2016
Closed on
Nov 30, 2016
Sold by
Bought by
Seller's Agent
Lei Hebel
Realty One Group West
Buyer's Agent
Camelia Chao
iHome Investment Inc
List Price
$719,000
Sold Price
$725,000
Premium/Discount to List
$6,000
0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$330,065
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2013
Closed on
Sep 19, 2013
Sold by
Bought by
Seller's Agent
Loc Doan
Professional R.E. Center, Inc.
Buyer's Agent
Nancy Telford
TELFORD REAL ESTATE
List Price
$499,000
Sold Price
$555,000
Premium/Discount to List
$56,000
11.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2013
Closed on
Aug 2, 2013
Sold by
Bought by
Seller's Agent
Loc Doan
Professional R.E. Center, Inc.
Buyer's Agent
Nancy Telford
TELFORD REAL ESTATE
List Price
$499,000
Sold Price
$555,000
Premium/Discount to List
$56,000
11.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2011
Sold by
Bought by

Purchase Details

Closed on
May 31, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,600
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,000
Interest Rate
6.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 29, 2004
Sold by
Bought by

Purchase Details

Closed on
Jul 30, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
6.51%

Purchase Details

Closed on
Jan 12, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,214
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 18, 1997
Sold by
Bought by

Purchase Details

Closed on
Jan 18, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Montclair, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$725,000 Fidelity National Title
-- Old Republic Title Company
-- Accommodation
$545,000 The Nations Title Co
-- None Available
$512,000 Stewart Title Company
-- United Independent Title
-- United Independent Title
-- --
$288,000 Southland Title Corporation
-- Southland Title Corporation
-- Gateway Title Company
$245,000 Gateway Title Company
-- --
$190,000 American Title
$130,000 Old Republic Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $420,000
Previous Owner $476,000
Previous Owner $387,000
Previous Owner $413,000
Previous Owner $210,900
Previous Owner $409,600
Previous Owner $185,400
Previous Owner $409,600
Previous Owner $461,000
Previous Owner $100,000
Previous Owner $62,000
Previous Owner $259,000
Previous Owner $201,600
Previous Owner $241,214
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2016 12/03/16 Sold $725,000 +0.8% $154 / Sq Ft
10/10/2016 10/10/16 For Sale $719,000 +29.5% $153 / Sq Ft
08/09/2013 08/09/13 Sold $555,000 +11.2% $118 / Sq Ft View Prior Sale
06/10/2013 06/10/13 Pending -- -- --
01/05/2013 01/05/13 For Sale $499,000 -- $106 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,250 $858,253 $266,355 $591,898
2025 $9,250 $841,424 $261,132 $580,292
2024 $9,040 $824,926 $256,012 $568,914
2023 $8,786 $808,751 $250,992 $557,759
2022 $8,670 $792,894 $246,071 $546,823
2021 $8,616 $777,347 $241,246 $536,101
2020 $8,465 $769,376 $238,772 $530,604
2019 $8,392 $754,290 $234,090 $520,200
2018 $8,277 $739,500 $229,500 $510,000
2017 $7,979 $725,000 $225,000 $500,000
2016 $6,092 $564,366 $196,751 $367,615
2015 $6,051 $555,889 $193,796 $362,093
2014 $5,863 $545,000 $190,000 $355,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16721141

California Regional Multiple Listing Service (CRMLS)

APN: 1009-481-25

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