NOT LISTED FOR SALE

4780 Bandera St Montclair, CA 91763

Estimated Value: $943,000 - $1,393,000

8 Beds
4 Baths
4,240 Sq Ft
$282/Sq Ft Est. Value

Last Sold September 30, 2012

Last sale price $512,000 $121 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $6,812/month

23 Days on Market

About This Home

As of September 2012

Great investment opportunity!!! Beautiful 4 plex in gated community. All 4 units have Newer windows & sliding doors, remodel kitchen & bathrooms new tile flooring back yard with block wall. 2 bedrooms & full bath upstairs 1/2 bath down stair. There are 4 car-garage laundry area. all units are fully rented. This units are one of the best in the area an they have a low vacancy rate. They are also 1 minute away from the school, walking distance to shopping center and easy access to the 60 and 10 freeway.

Last Agent to Sell the Property

NIDIA JARAMILLO

Berkshire Hathaway Homeservices California Realty License #01320902 Listed on: 07/07/2012

Berkshire Hathaway Homeservices California Realty

Last Buyer's Agent

NIDIA JARAMILLO

Berkshire Hathaway Homeservices California Realty License #01320902 Listed on: 07/07/2012

Berkshire Hathaway Homeservices California Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,505 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • 4,240 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 6911
  • Assessor Parcel Number 1009452090000

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $960
  • Insurance Expense $1,500
  • Maintenance Expense $110
  • Trash Expense $1,000
  • Water Sewer Expense $600
  • New Taxes Expense $5,320
  • Gross Income $4,400
  • Net Operating Income $38,220

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 1009452090000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 120.75

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 8505.00
  • Lot Size Acres: 0.1950

Multi Family

  • Electric Expense: 960.00
  • Gross Income: 4400.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 8505.0000 Square Feet
  • Maintenance Expense: 110.00
  • Net Operating Income: 38220.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 9490.00
  • Rent Control: No
  • Total Actual Rent: 4400.00

Tax Info

  • New Taxes Expense: 5320.00
  • Tax Lot: 32
  • Tax Tract Number: 6911
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2018
Sold by
Tom Lucy and Chen Peter
Bought by
Chen Peter
Current Estimated Value
$1,197,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Outstanding Balance
$285,084
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$912,583

Purchase Details

Listed on
Jul 7, 2012
Closed on
Aug 21, 2012
Sold by
Chen Peter
Bought by
Tom Lucy
Seller's Agent
NIDIA JARAMILLO
Berkshire Hathaway Homeservices California Realty
Buyer's Agent
NIDIA JARAMILLO
Berkshire Hathaway Homeservices California Realty
List Price
$498,000
Sold Price
$512,000
Premium/Discount to List
$14,000
2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$360,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2005
Sold by
Ramirez Adriana L
Bought by
Velasquez Cristobal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,930
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 12, 2004
Sold by
Ramirez David
Bought by
Ramirez Adriana L

Purchase Details

Closed on
Sep 27, 2001
Sold by
Ramirez Adriana
Bought by
Ramirez David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,400
Interest Rate
6.62%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 18, 2001
Sold by
The Win Project
Bought by
Ramirez David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,400
Interest Rate
6.62%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 10, 2001
Sold by
Hud
Bought by
The Win Project

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,968
Interest Rate
7.14%

Purchase Details

Closed on
Mar 19, 2001
Sold by
Ba Mtg Llc
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,968
Interest Rate
7.14%

Purchase Details

Closed on
Oct 25, 2000
Sold by
Jackson Edward
Bought by
Ba Mtg Llc

Purchase Details

Closed on
Oct 21, 1999
Sold by
Chen Linda
Bought by
Fermin Roderick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
8.99%

Purchase Details

Closed on
Feb 24, 1999
Sold by
Linda Chen
Bought by
Jackson Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,348
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 1997
Sold by
Lopiccola Peter J and Lopiccola Lavergne K
Bought by
Chen Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
5.87%
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
Chen Peter -- None Available
Tom Lucy -- None Available
Tom Lucy -- Landwood Title
Tom Lucy $498,000 Landwood Title
Velasquez Cristobal $650,000 Alliance Title Pasadena
Ramirez Adriana L -- Stewart Title Of Ca
Ramirez David -- Orange Coast Title
Ramirez David $247,000 Orange Coast Title
The Win Project $175,500 Orange Coast Title
Hud -- First American Title Ins Co
Ba Mtg Llc $213,280 First American Title Ins Co
Fermin Roderick J $198,000 Investors Title Company
Jackson Edward $202,000 First Southwestern Title Co
Chen Linda $170,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tom Lucy $331,500
Previous Owner Tom Lucy $360,000
Previous Owner Velasquez Cristobal $454,930
Previous Owner Ramirez David $49,400
Previous Owner Ramirez David $197,600
Previous Owner The Win Project $179,968
Previous Owner Fermin Roderick J $148,500
Previous Owner Jackson Edward $200,348
Previous Owner Chen Linda $127,500
Closed Fermin Roderick J $19,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2012 09/30/12 Sold $512,000 +2.8% $121 / Sq Ft
07/30/2012 07/30/12 Pending -- -- --
07/07/2012 07/07/12 For Sale $498,000 -- $117 / 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 $6,599 $613,251 $215,501 $397,750
2024 $6,599 $601,226 $211,275 $389,951
2023 $6,414 $589,437 $207,132 $382,305
2022 $6,329 $577,880 $203,071 $374,809
2021 $6,289 $566,549 $199,089 $367,460
2020 $6,179 $560,740 $197,048 $363,692
2019 $6,126 $724,200 $255,000 $469,200
2018 $6,042 $538,966 $189,396 $349,570
2017 $5,825 $528,398 $185,682 $342,716
2016 $5,595 $518,037 $182,041 $335,996
2015 $5,557 $510,256 $179,307 $330,949
2014 $5,384 $500,261 $175,795 $324,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: E12085245

California Regional Multiple Listing Service (CRMLS)

APN: 1009-452-09