NOT LISTED FOR SALE
4 Beds
3 Baths
2,044 Sq Ft
7,700 Sq Ft Lot

Sale Details

Date Sold: April 30, 2015

Last sale price $445,000 $218 Per Sq Ft

436 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Tile Flooring
  • Wall Furnace
  • Contemporary Architecture

About This Home

As of April 2015

This is a nicely maintained complex with 3 units in the city of Montclair. Close to schools and shopping centers. 2 units have 1 bedroom and 1 bath with a side patio and a wall cooling unit, a wall heater and gas stove. The third unit has a 2 bedrooms with 1 bath and a side patio. All units have washer hookup in the kitchen area. All units have a one car garage each and 4 additional parking space and chain link fence on three sides.

It is great for investors or first time buyer where they can live in one unit and collect rent in the other two units. This complex is to be" sold as is" with termite inspection.

Last Agent to Sell the Property

May Hong

Realty One Group West License #00853659 Listed on: 01/18/2014

Realty One Group West

Last Buyer's Agent

Stacy Lam

IRN REALTY License #01822652

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,700 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,044 Sq Ft Home
  • Blinds
  • Laundry in unit

Kitchen

  • Gas Oven
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 5658
  • Assessor Parcel Number 1010622400000

Community Details

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gardener Expense $360
  • Insurance Expense $785
  • Maintenance Expense $1,000
  • Pest Control $100
  • Supplies Expense $350
  • Trash Expense $1,600
  • Water Sewer Expense $850
  • New Taxes Expense $4,725
  • Gross Income $2,800
  • Net Operating Income $17,490

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

7,700 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Supplies Expense: 350.00
  • Water Sewer Expenses: 850.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 1010622400000
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 217.71
  • Room Type: All Bedrooms Down
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Pest Control Expense: 100.00
  • Trash Expense: 1600.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7700.00
  • Lot Size Acres: 0.1770

Multi Family

  • Gross Income: 2800.00
  • Gross Scheduled Income: 30600.00
  • Insurance Expense: 785.00
  • Lot Size Area: 7700.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 17490.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Disposal: 3
  • Number With Drapes: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Operating Expense: 9870.00
  • Rent Control: No
  • Vacancy Allowance Rate: 10.00

Tax Info

  • New Taxes Expense: 4725.00
  • Tax Area: 0011017
  • Taxes Percent: 1.05
  • Tax Lot: 8
  • Tax Rate: 1.05
  • Tax Tract Number: 5658
  • Tax Year: 2012

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

Listed on
Jan 18, 2014
Closed on
Apr 7, 2015
Sold by
Hong Paul B and Hong May J
Bought by
Seller's Agent
May Hong
Realty One Group West
Buyer's Agent
Stacy Lam
IRN REALTY
List Price
$475,000
Sold Price
$445,000
Premium/Discount to List
-$30,000
-6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Outstanding Balance
$198,821
Interest Rate
3.73%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$445,000 Advantage Title Inc
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 $267,000
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
04/30/2015 04/30/15 Sold $445,000 -6.3% $218 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
01/18/2014 01/18/14 For Sale $475,000 -- $232 / 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 $5,886 $545,520 $190,013 $355,507
2025 $5,886 $534,823 $186,287 $348,536
2024 $5,752 $524,336 $182,634 $341,702
2023 $5,591 $514,055 $179,053 $335,002
2022 $5,517 $503,975 $175,542 $328,433
2021 $5,483 $494,093 $172,100 $321,993
2020 $5,386 $489,026 $170,335 $318,691
2019 $5,340 $479,437 $166,995 $312,442
2018 $5,267 $470,037 $163,721 $306,316
2017 $5,078 $460,821 $160,511 $300,310
2016 $2,063 $189,665 $49,477 $140,188
2015 $2,049 $186,816 $48,734 $138,082
2014 $1,986 $183,156 $47,779 $135,377
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14013425

California Regional Multiple Listing Service (CRMLS)

APN: 1010-622-40

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