NOT LISTED FOR SALE

4725 Durfee Ave El Monte, CA 91732

Norwood Cherrylee Neighborhood

Estimated Value: $1,112,000 - $1,404,000

7 Beds
3 Baths
2,794 Sq Ft
$440/Sq Ft Est. Value

Last Sold September 17, 2015

Last sale price $693,000 $248 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $7,384/month

90 Days on Market

About This Home

As of September 2015

Excellent investment opportunity in North El Monte adjacent to Arcadia. 2 Large Detached homes on a huge lot. Front Unit Kitchen with all wood cabinets Granite counter tops and tiled floor, Wide open floor plan, Formal dining room, 4 spacious bedrooms, 2 full baths with tile flooring. Rear Unit has 3 bedrooms 1 bath.... Conveniently located near highways, transportation, shopping malls, Property is also situated in a Great school district......

Last Agent to Sell the Property

Chantel Baker

Coldwell Banker Top Team License #01743578 Listed on: 04/28/2015

Coldwell Banker Top Team

Last Buyer's Agent

Ven Van

Keller Williams Realty License #01894599

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 0.32 Acre Lot
  • No Common Walls

Parking

  • 1 Car Garage
  • Parking Available
  • RV Access or Parking

Home Design

  • 2,794 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 24
  • Tax Tract Number 14862
  • Assessor Parcel Number 8545021026

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $795
  • Trash Expense $720
  • Water Sewer Expense $1,080
  • New Taxes Expense $3,025
  • Gross Income $2,900
  • Net Operating Income $31,725

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Inclusions: Front unit stove
  • Property Attached: No
  • Water Sewer Expenses: 1080.00
  • Property Type: Residential Income
  • Parcel Number: 8545021026
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 248.03

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: RV Access/Parking
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13780.00
  • Price Per Lot Square Foot: 50.29
  • Lot Size Acres: 0.3160

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 1730
  • Average2 Bed Area: 1064
  • Gross Income: 2900.00
  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 795.00
  • Lot Size Area: 13780.0000 Square Feet
  • Net Operating Income: 31725.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 510.00
  • Rent Control: No
  • Total Actual Rent: 2900.00

Tax Info

  • New Taxes Expense: 3025.00
  • Tax Lot: 24
  • Tax Tract Number: 14862
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2015
Closed on
Jul 28, 2015
Sold by
Casillas Teresa P and Casillas Teresa
Bought by
Vanpeter
Seller's Agent
Chantel Baker
Coldwell Banker Top Team
Buyer's Agent
Ven Van
Keller Williams Realty
List Price
$729,900
Sold Price
$693,000
Premium/Discount to List
-$36,900
-5.06%
Current Estimated Value
$1,229,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,887
Avg. Annual Appreciation
5.74%
Original Mortgage
$533,850
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2005
Sold by
Casillas Ernesto M
Bought by
Casillas Teresa P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,250
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2005
Sold by
Casillas Ernesto and Casillas Teresa
Bought by
Casillas Teresa P and Casillas Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,250
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2004
Sold by
Casillas Ernesto M and Casillas Teresa
Bought by
Casillas Teresa P and Casillas Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2004
Sold by
Casillas Teresa P and Casillas Teresa
Bought by
Casillas Ernesto M and Casillas Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2002
Sold by
Casillas Ernesto M and Casillas Teresa
Bought by
Casillas Ernesto M and Casillas Teresa

Purchase Details

Closed on
Mar 4, 1994
Sold by
Casillas Ernesto M and Casillas Teresa
Bought by
Casillas Ernesto M and Casillas Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vanpeter $693,000 Nations Title Company
Casillas Teresa P -- Advantage Title Inc
Casillas Teresa P -- Advantage Title Inc
Casillas Teresa P -- Chicago Title Co
Casillas Ernesto M -- Chicago Title Co
Casillas Ernesto M -- --
Casillas Ernesto M -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanpeter $533,850
Previous Owner Casillas Teresa P $471,250
Previous Owner Casillas Teresa P $242,000
Previous Owner Casillas Ernesto M $191,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2015 09/17/15 Sold $693,000 -5.1% $248 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $729,900 -- $261 / 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 $11,290 $820,364 $532,705 $287,659
2024 $11,290 $804,279 $522,260 $282,019
2023 $11,068 $788,510 $512,020 $276,490
2022 $10,658 $773,050 $501,981 $271,069
2021 $10,799 $757,893 $492,139 $265,754
2020 $10,767 $750,123 $487,093 $263,030
2019 $11,017 $735,416 $477,543 $257,873
2018 $10,690 $720,997 $468,180 $252,817
2016 $10,247 $693,000 $450,000 $243,000
2015 $3,385 $187,945 $63,944 $124,001
2014 $3,014 $184,264 $62,692 $121,572
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Chantel Baker

    Coldwell Banker Top Team

    Section Image

  • V

    Buyer's Agent in 2015

    Ven Van

    Keller Williams Realty

    (714) 263-2020

    Ven Van
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15089453

California Regional Multiple Listing Service (CRMLS)

APN: 8545-021-026

California Los Angeles County El Monte 91732 Norwood Cherrylee

4725 Durfee Ave, El Monte, CA

Not Listed for Sale

MultiFamily

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