NOT LISTED FOR SALE

5230 La Madera Ave El Monte, CA 91732

Norwood Cherrylee Neighborhood

Estimated Value: $1,197,000 - $1,526,123

5 Beds
4 Baths
3,257 Sq Ft
$418/Sq Ft Est. Value

Last Sold September 20, 2013

Last sale price $825,000 $253 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $8,374/month

158 Days on Market

About This Home

As of September 2013

Two home on one lot, great for owner occupy and investment! Premium location in North El Monte, huge and flat lot with 90 feet of frontage and 267 feet deep. There are two very nice units on the lot. The back house is newly remodeled with 3 spacious bedrooms 2 baths, a fireplace in the living room, nice kitchen with granite counter tops, dining area, and two car attached garage. The front unit is well maintained with good sized rooms.

Last Agent to Sell the Property

Anna Wang

Keller Williams Realty License #01405688 Listed on: 04/08/2013

Keller Williams Realty

Last Buyer's Agent

Marguerite Chan

License #00969644

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 0.55 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 3,257 Sq Ft Home
  • Frame Construction
  • Shake Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 10823
  • Assessor Parcel Number 8541013032

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $386
  • Trash Expense $332
  • New Taxes Expense $10,656
  • Gross Income $2,950
  • Net Operating Income $22,032

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: EMR1B*
  • Property Type: Residential Income
  • Parcel Number: 8541013032
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 253.30

Exterior Features

  • Pool Private: No
  • Roof: Shake
  • Construction Materials: Frame

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Sewer Paid
  • Trash Expense: 332.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 23728.00
  • Lot Size Acres: 0.5450

Multi Family

  • Average2 Bed Area: 1350
  • Average3 Bed Area: 1800
  • Gross Income: 2950.00
  • Gross Scheduled Income: 34500.00
  • Insurance Expense: 386.00
  • Lot Size Area: 23728.0000 Square Feet
  • Net Operating Income: 22032.00
  • 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: 1039.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10656.00
  • Tax Lot: 4
  • Tax Tract Number: 10823

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2018
Sold by
Vanhong Bac Van and Chung Joanie
Bought by
Hong Yu Investments Llc
Current Estimated Value
$1,363,031

Purchase Details

Closed on
Jul 17, 2017
Sold by
Hongyu Investment Llc
Bought by
Bac Yu Robert Y and Bac Van Hong

Purchase Details

Closed on
Apr 24, 2014
Sold by
Vanhong Bac and Chung Joanie
Bought by
Hongyu Investment Llc

Purchase Details

Listed on
Apr 8, 2013
Closed on
Jul 24, 2013
Sold by
Mattes Charles I
Bought by
Vanhong Bac and Chung Joanie
Seller's Agent
Anna Wang
Keller Williams Realty
Buyer's Agent
Marguerite Chan
List Price
$888,000
Sold Price
$825,000
Premium/Discount to List
-$63,000
-7.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%
Original Mortgage
$533,850
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2007
Sold by
Rodriguez Claudio and Rodriguez Maria
Bought by
Rodriguez Claudio and Mattes Charles I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
8.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2006
Sold by
Rodriguez Claudio and Rodriguez Maria
Bought by
Rodriguez Claudio and Rodriguez Maria

Purchase Details

Closed on
Apr 7, 2004
Sold by
Rodriguez Claudio
Bought by
Rodriguez Claudio and Rodriguez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2004
Sold by
Rodriguez Maria
Bought by
Rodriguez Claudio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2003
Sold by
Rodriguez Claudio
Bought by
Rodriguez Claudio and Rodriguez Maria

Purchase Details

Closed on
Nov 20, 1995
Sold by
Rodriguez Maria
Bought by
Rodriguez Claudio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,500
Interest Rate
7.42%

Purchase Details

Closed on
Apr 1, 1995
Sold by
Rodriguez Claudio
Bought by
Rodriguez Claudio and The Rodriguez Family Living Tr

Purchase Details

Closed on
Dec 7, 1994
Sold by
Larez Lino
Bought by
Rodriguez Claudio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
8.5%
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
Hong Yu Investments Llc -- Fidelity National Title Comp
Bac Yu Robert Y -- Accommodation
Hongyu Investment Llc -- None Available
Vanhong Bac $825,000 Title 365
Rodriguez Claudio -- Gateway Title Company
Rodriguez Claudio -- Accommodation
Rodriguez Claudio -- --
Rodriguez Claudio -- Orange Coast Title
Rodriguez Claudio -- --
Rodriguez Claudio -- American Title Ins Co
Rodriguez Claudio -- American Title Ins Co
Rodriguez Claudio -- --
Rodriguez Claudio $220,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanhong Bac $533,850
Previous Owner Rodriguez Claudio $636,000
Previous Owner Rodriguez Claudio $345,000
Previous Owner Rodriguez Claudio $183,500
Previous Owner Rodriguez Claudio $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2013 09/20/13 Sold $825,000 -7.1% $253 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
04/08/2013 04/08/13 For Sale $888,000 -- $273 / 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 $15,050 $1,091,008 $784,547 $306,461
2024 $15,050 $1,069,616 $769,164 $300,452
2023 $14,757 $1,048,644 $754,083 $294,561
2022 $14,212 $1,028,084 $739,298 $288,786
2021 $14,407 $1,007,926 $724,802 $283,124
2020 $14,365 $997,592 $717,371 $280,221
2019 $14,436 $958,800 $673,200 $285,600
2018 $14,244 $958,856 $689,515 $269,341
2016 $13,658 $921,625 $662,742 $258,883
2015 $13,506 $907,782 $652,787 $254,995
2014 $12,051 $825,000 $580,000 $245,000
Source: Public Records

Agents Affiliated with this Home

  • Anna Wang

    Seller's Agent in 2013

    Anna Wang

    Keller Williams Realty

    (626) 318-2113

    99 Total Sales

    Anna Wang
    Section Image

  • M

    Buyer's Agent in 2013

    Marguerite Chan

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13065285

California Regional Multiple Listing Service (CRMLS)

APN: 8541-013-032

California Los Angeles County El Monte 91732 Norwood Cherrylee

5230 La Madera Ave, El Monte, CA

Not Listed for Sale

MultiFamily

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