NOT LISTED FOR SALE

521 League Ave La Puente, CA 91744

Estimated Value: $841,000 - $1,007,000

3 Beds
2 Baths
1,352 Sq Ft
$662/Sq Ft Est. Value

Last Sold June 18, 2014

Last sale price $458,000 $339 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,303/month

51 Days on Market

About This Home

As of June 2014

Value is in the land to build townhomes/condos following the trend over the last several years! Do not disturb tenants! They are not aware of the sale at this time. Drive by only! Submit offers subject to inspection, if necessary.

Seller may seek a 1031 Exchange in Escrow at no cost to the buyer.

Please confirm with the City of La Puente on zoning and building requirements for the lot.

Last Agent to Sell the Property

George Mairena

Imperial Properties License #00602257 Listed on: 03/03/2014

Last Buyer's Agent

Gloria Chu

IRN REALTY License #01780122

IRN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,175

Year Built

  • Built in 1950

Lot Details

  • 0.34 Acre Lot
  • No Common Walls

Parking

  • 4 Car Garage

Home Design

  • 1,352 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 15
  • Tax Tract Number 14793
  • Assessor Parcel Number 8203017017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $100
  • Trash Expense $50
  • Water Sewer Expense $100
  • New Taxes Expense $550
  • Gross Income $2,200
  • Net Operating Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,175

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Parcel Number: 8203017017
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 338.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14845.00
  • Lot Size Acres: 0.3410

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 100.00
  • Lot Size Area: 14845.0000 Square Feet
  • Net Operating Income: 16800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 250.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 550.00
  • Tax Lot: 15
  • Tax Tract Number: 14793
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2017
Sold by
Leung Lorraine Fan
Bought by
Leung Lorraine Fan and Lorraine Leung Living Trust
Current Estimated Value
$894,503

Purchase Details

Closed on
Jul 6, 2017
Sold by
Leung Lorraine Fan
Bought by
Leung Lorraine Fan and Lorraine Leung Living Trust

Purchase Details

Closed on
Mar 24, 2017
Sold by
Leung Chi Fan Koon
Bought by
Leung Lorraine Fan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Outstanding Balance
$220,175
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$674,328

Purchase Details

Closed on
Mar 13, 2017
Sold by
Leung Chi Fan Koon
Bought by
Leung Chi Fan Koon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Outstanding Balance
$220,175
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$674,328

Purchase Details

Listed on
Mar 3, 2014
Closed on
May 20, 2014
Sold by
Koon Chung Ming
Bought by
Koon Leung Chi Fan
Seller's Agent
George Mairena
Imperial Properties
Buyer's Agent
Gloria Chu
IRN REALTY
List Price
$525,000
Sold Price
$458,000
Premium/Discount to List
-$67,000
-12.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$274,800
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 3, 2014
Closed on
Apr 28, 2014
Sold by
Leon Beatrice and The Elodia G Bonillas Trust
Bought by
Koon Leung Chi Fan
Seller's Agent
George Mairena
Imperial Properties
Buyer's Agent
Gloria Chu
IRN REALTY
List Price
$525,000
Sold Price
$458,000
Premium/Discount to List
-$67,000
-12.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,800
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 2006
Sold by
Bonillas Elodia G
Bought by
Bonillas Elodia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 1998
Sold by
Bonillas Elodia G
Bought by
Bonillas Elodia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.02%
Source: Public Records

Range of Values:

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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
Leung Lorraine Fan -- None Available
Leung Lorraine Fan -- None Available
Leung Lorraine Fan -- Accommodation
Leung Chi Fan Koon -- Wfg Title Company Of Ca
Koon Leung Chi Fan -- Fidelity National Title Co
Koon Leung Chi Fan $458,000 Fidelity National Title Co
Bonillas Elodia G -- Southland Title
Bonillas Elodia G -- Southland Title
Bonillas Elodia G -- First American
Bonillas Elodia G -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leung Chi Fan Koon $266,000
Closed Koon Leung Chi Fan $274,800
Previous Owner Koon Leung Chi Fan $274,800
Previous Owner Bonillas Elodia G $250,000
Previous Owner Bonillas Elodia G $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2014 06/18/14 Sold $458,000 -12.8% $339 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $525,000 -- $388 / 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 $7,175 $561,433 $414,336 $147,097
2024 $7,175 $550,425 $406,212 $144,213
2023 $9,084 $722,037 $556,614 $165,423
2022 $8,822 $707,880 $545,700 $162,180
2021 $6,684 $518,682 $382,785 $135,897
2020 $6,600 $513,365 $378,861 $134,504
2019 $6,497 $503,300 $371,433 $131,867
2018 $6,239 $493,432 $364,150 $129,282
2017 $6,112 $483,758 $357,010 $126,748
2016 $5,793 $474,273 $350,010 $124,263
2015 $5,687 $467,150 $344,753 $122,397
2014 -- $54,348 $25,976 $28,372
Source: Public Records

Agents Affiliated with this Home

  • George Mairena

    Seller's Agent in 2014

    George Mairena

    Imperial Properties

    (562) 884-7080

    7 Total Sales

    George Mairena
    Section Image

  • G

    Buyer's Agent in 2014

    Gloria Chu

    IRN REALTY

    (626) 447-9521

    34 Total Sales

    Gloria Chu
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14045426

California Regional Multiple Listing Service (CRMLS)

APN: 8203-017-017

California Los Angeles County La Puente 91744

521 League Ave, La Puente, CA

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