NOT LISTED FOR SALE

623 S Chapel Ave Alhambra, CA 91801

Alhambra Acres Neighborhood

Estimated Value: $1,038,000 - $1,438,000

5 Beds
3 Baths
2,057 Sq Ft
$582/Sq Ft Est. Value

Last Sold June 07, 2016

Last sale price $680,000 $331 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $7,076/month

99 Days on Market

Highlights

  • Corner Lot
  • Private Yard
  • Living Room
  • Martha Baldwin Elementary School Rated A
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of June 2016

R3 zoning. JUST REDUCED!!! Priced for a quick sale. Both units are vacant. Looking for a rental property? Or to possibly live in one unit and rent out the other? See this nice duplex in Alhambra. The front house(201 E. Park St. )has 4 bedrooms and 2 baths, and the back house (623 S. Chapel Ave) has 1 bedroom and 1 bath. Both units are vacant. Sitting on a 7500 sq ft lot, and each unit has their own yard. Potential rent income total $4,000. Show and sell.

Last Agent to Sell the Property

Phyllis Lu

Titan One Real Estate License #01526442 Listed on: 01/04/2016

Last Buyer's Agent

Wendy Li

Coldwell Banker Realty License #01299047

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 7,501 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Private Yard
  • Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 2,057 Sq Ft Home
  • Blinds
  • Living Room
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Water Heater
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 2230
  • Assessor Parcel Number 5347013013

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Property Type: Residential Income
  • Parcel Number: 5347013013
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 330.58
  • Room Type: Living Room, Master Bedroom
  • Window Features: Blinds

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999, Corner Lot, Yard
  • Lot Size Sq Ft: 7501.00
  • Price Per Lot Square Foot: 90.65
  • Lot Size Acres: 0.1720

Multi Family

  • Lot Size Area: 7501.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 2230

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2022
Sold by
Fan Changrui and Li Yifan
Bought by
Li Yifan
Current Estimated Value
$1,196,192

Purchase Details

Closed on
Mar 11, 2020
Sold by
Fan Changrui and Li Yifan
Bought by
1958 Consulting Llc

Purchase Details

Closed on
Jun 25, 2019
Sold by
Fan Changrui
Bought by
Fan Changrui and Li Yifan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 4, 2016
Closed on
May 23, 2016
Sold by
Lee Mei Jen Chen
Bought by
Fan Changrui
Seller's Agent
Phyllis Lu
Titan One Real Estate
Buyer's Agent
Wendy Li
Coldwell Banker Realty
List Price
$750,000
Sold Price
$680,000
Premium/Discount to List
-$70,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$408,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 4, 2016
Closed on
Apr 27, 2016
Sold by
Li Zhengping
Bought by
Fan Changrui
Seller's Agent
Phyllis Lu
Titan One Real Estate
Buyer's Agent
Wendy Li
Coldwell Banker Realty
List Price
$750,000
Sold Price
$680,000
Premium/Discount to List
-$70,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 24, 2008
Sold by
Lee Toh Yi
Bought by
Lee Mei Jen Chen

Purchase Details

Closed on
Mar 7, 2008
Sold by
Saenz Marie and Ramirez Ronnie
Bought by
Lee Mei Jen Chen

Purchase Details

Closed on
Sep 27, 2005
Sold by
Mier Milton
Bought by
Saenz Marie and Ramirez Ronnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2005
Sold by
Mier Sunshine A
Bought by
Mier Milton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2005
Sold by
Mier Milton
Bought by
Mier Milton and Mier Sunshine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 25, 2003
Sold by
Mier Milton
Bought by
Mier Milton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.72%

Purchase Details

Closed on
Jun 28, 2002
Sold by
Mier Peter and Mier Edwina
Bought by
Mier Milton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
9.5%

Purchase Details

Closed on
Jun 6, 2002
Sold by
Mier Yolanda
Bought by
Mier Milton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
9.5%

Purchase Details

Closed on
Jun 24, 1999
Sold by
Mier Peter and Mier Isabel
Bought by
Mier Peter and Mier Edwina

Purchase Details

Closed on
Jul 22, 1998
Sold by
Mier Peter and Mier Edwina
Bought by
Mier Peter and Mier Isabel

Purchase Details

Closed on
Nov 1, 1996
Sold by
Mier Peter and Mier Edwina
Bought by
Mier Peter and Mier Edwina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
9.37%

Purchase Details

Closed on
Sep 27, 1995
Sold by
Duguid Alexander W
Bought by
Mier Peter and Mier Etwina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
7.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Li Yifan -- Accommodation/Courtesy Recordi
1958 Consulting Llc -- Accommodation
Fan Changrui -- Chicago Title
Fan Changrui $680,000 Fidelity Sherman Oaks
Fan Changrui -- Fidelity Sherman Oaks
Lee Mei Jen Chen -- Accommodation
Lee Mei Jen Chen $580,000 None Available
Saenz Marie $700,000 North American Title Co
Mier Milton -- North American Title Co
Mier Milton -- Lsi
Mier Milton -- Multiple
Mier Milton $260,000 American Title Co
Mier Milton -- American Title Co
Mier Peter -- --
Mier Peter -- --
Mier Peter -- Old Republic Title Company
Mier Peter $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fan Changrui $398,000
Previous Owner Fan Changrui $408,000
Previous Owner Saenz Marie $490,000
Previous Owner Mier Milton $175,000
Previous Owner Mier Milton $44,000
Previous Owner Mier Milton $210,000
Previous Owner Mier Milton $180,000
Previous Owner Mier Peter $129,500
Previous Owner Mier Peter $19,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2016 06/07/16 Sold $680,000 -9.3% $331 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $750,000 -- $365 / 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 $9,918 $804,976 $615,572 $189,404
2024 $9,918 $789,193 $603,502 $185,691
2023 $9,732 $773,719 $591,669 $182,050
2022 $9,265 $758,549 $580,068 $178,481
2021 $9,165 $743,677 $568,695 $174,982
2020 $9,116 $736,052 $562,864 $173,188
2019 $8,841 $721,621 $551,828 $169,793
2018 $8,841 $707,472 $541,008 $166,464
2016 $7,796 $643,549 $443,829 $199,720
2015 $7,679 $633,884 $437,163 $196,721
2014 $7,584 $621,468 $428,600 $192,868
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Phyllis Lu

    Titan One Real Estate

    (626) 229-2268

    30 Total Sales

    Phyllis Lu
    Section Image
  • Wendy Li

    Buyer's Agent in 2016

    Wendy Li

    Coldwell Banker Realty

    (626) 445-5500

    26 Total Sales

    Wendy Li
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16001298

California Regional Multiple Listing Service (CRMLS)

APN: 5347-013-013

California Los Angeles County Alhambra 91801 Alhambra Acres

623 S Chapel Ave, Alhambra, CA

Not Listed for Sale

MultiFamily

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