Seller's Agent in 2019
Thomas Gibson
THE WRIGHT ASSOCIATED COMPANIES
(626) 610-1309
1 in this area
133 Total Sales
5353 La Madera Ave El Monte, CA 91732
Norwood Cherrylee NeighborhoodEstimated Value: $1,099,000 - $1,474,850
7
Beds
3
Baths
2,709
Sq Ft
$481/Sq Ft
Est. Value
About This Home
As of July 2019Three individual houses on one lot, wonderful investment opportunity in El Monte. One of the 2 bedroom units has just been upgraded and is ready for a tenant, this unit has it's own one car garage. The 3 bedroom unit also received several upgrades prior to the current tenant moving in and has a two car detached garage and a fenced in yard area. The second 2 bedroom unit the tenants have been renting the home for 20+ years and the rents are substantially below market for the area. Income calculations are based on the newly renovated unit being occupied.
Last Agent to Sell the Property
THE WRIGHT ASSOCIATED COMPANIES License #01319085 Listed on: 05/15/2019
Last Buyer's Agent
THE WRIGHT ASSOCIATED COMPANIES License #01319085 Listed on: 05/15/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 14,618 Sq Ft Lot
- No Common Walls
Parking
- 3 Car Garage
Home Design
- 2,709 Sq Ft Home
- Triplex
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Additional Features
- Laundry in Garage
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, water
- Tax Lot 2
- Tax Tract Number 11483
- Assessor Parcel Number 8541009036
Community Details
Overview
- 3 Buildings
- 3 Units
Building Details
- 2 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Gardener Expense $1,800
- Insurance Expense $1,287
- New Taxes Expense $12,361
- Operating Expense $15,448
- Net Operating Income $43,952
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
May 15, 2019
Closed on
May 31, 2019
Sold by
Bought by
Seller's Agent
Thomas Gibson
THE WRIGHT ASSOCIATED COMPANIES
Buyer's Agent
Thomas Gibson
THE WRIGHT ASSOCIATED COMPANIES
List Price
$988,888
Sold Price
$978,888
Premium/Discount to List
-$10,000
-1.01%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,325
Avg. Annual Appreciation
4.20%
Original Mortgage
$580,000
Outstanding Balance
$508,928
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$795,285
Purchase Details
Closed on
Sep 28, 2016
Sold by
Bought by
Purchase Details
Closed on
Jul 2, 2016
Sold by
Bought by
Purchase Details
Closed on
Jul 8, 1996
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $979,000 | Priority Title | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | -- |
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 | $580,000 |
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 |
|---|---|---|---|---|
| 07/03/2019 07/03/19 | Sold | $978,888 | 0.0% | $361 / Sq Ft |
| 05/20/2019 05/20/19 | Off Market | $978,888 | -- | -- |
| 05/15/2019 05/15/19 | For Sale | $988,888 | -- | $365 / 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 |
|---|---|---|---|---|
| 2025 | $15,902 | $1,070,674 | $802,734 | $267,940 |
| 2024 | $14,672 | $1,049,682 | $786,995 | $262,687 |
| 2023 | $14,382 | $1,029,101 | $771,564 | $257,537 |
| 2022 | $13,846 | $1,008,924 | $756,436 | $252,488 |
| 2021 | $14,041 | $989,142 | $741,604 | $247,538 |
| 2020 | $14,001 | $979,000 | $734,000 | $245,000 |
| 2019 | $1,986 | $83,019 | $19,529 | $63,490 |
| 2018 | $1,855 | $81,393 | $19,147 | $62,246 |
| 2016 | $1,758 | $78,234 | $18,404 | $59,830 |
| 2015 | $1,736 | $77,060 | $18,128 | $58,932 |
| 2014 | $1,709 | $75,551 | $17,773 | $57,778 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Gibson
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV19113109
APN: 8541-009-036
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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