NOT LISTED FOR SALE

631 N Lemon Ave Unit A-B Azusa, CA 91702

Estimated Value: $811,000 - $1,157,000

7 Beds
4 Baths
2,196 Sq Ft
$456/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $610,000 $278 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,036/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Hunting
  • Property is near a park
  • No HOA
  • Two Homes on a Lot

About This Home

As of August 2017

Live in one unit, collect the rent on the other unit! Perfect home for any size family. Move in ready!! Bring your family and pets to this thriving community. Close to shopping centers, entertainment and access to major freeways. Minutes from the "Gate Way to the Canyons" San Gabriel Mountain Range with access to cycling, climbing, hiking, swimming, boating, jet skiing, horse back riding and many many more fun things to do!

Last Agent to Sell the Property

GRISELDA REYNA

GRISELDA REYNA, BROKER License #01800032 Listed on: 06/22/2017

Last Buyer's Agent

GRISELDA REYNA

GRISELDA REYNA, BROKER License #01800032 Listed on: 06/22/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,461

Year Built

  • Built in 1986

Lot Details

  • 7,531 Sq Ft Lot
  • Two or More Common Walls
  • East Facing Home
  • Block Wall Fence
  • Fence is in average condition
  • Rectangular Lot
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Parking Available
  • Front Facing Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Duplex
  • Contemporary Architecture
  • Turnkey
  • Combination Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,196 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Two Homes on a Lot

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, trash collection
  • Tax Lot 5
  • Tax Tract Number 5970
  • Assessor Parcel Number 8616044015

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Foothills
  • Mountainous Community
  • Property is near a preserve or public land

Recreation

  • Hunting
  • Horse Trails

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $50
  • Trash Expense $25
  • Water Sewer Expense $50
  • New Taxes Expense $225
  • Operating Expense $350
  • Gross Income $1,150
  • Net Operating Income $1,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,461

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Fire and Smoke Detection System, Smoke Detector(s)
  • Water Sewer Expenses: 50.00
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8616044015
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Levels: Two
  • Price Per Square Foot: 277.78

Exterior Features

  • Direction Faces: East
  • Foundation: Combination
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Average Condition, Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage Faces Side
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 25.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Foothills, Gutters, Horse Trails, Hunting, Mountainous, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street, Rectangular Lot, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 7531.00

Rental Info

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

Multi Family

  • Gross Income: 1150.00
  • Gross Scheduled Income: 1500.00
  • Insurance Expense: 50.00
  • Net Operating Income: 1150.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 350.00
  • Rent Control: No
  • Total Actual Rent: 1500.00
  • Total Expenses: 350.00

Tax Info

  • New Taxes Expense: 225.00
  • Tax Lot: 5
  • Tax Tract Number: 5970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2017
Closed on
Jul 13, 2017
Sold by
Gomez Roberto Z and Gomez Maria S
Bought by
Cheng Kei Kwan
Seller's Agent
GRISELDA REYNA
GRISELDA REYNA, BROKER
Buyer's Agent
GRISELDA REYNA
GRISELDA REYNA, BROKER
List Price
$625,000
Sold Price
$610,000
Premium/Discount to List
-$15,000
-2.4%
Current Estimated Value
$1,000,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,608
Avg. Annual Appreciation
6.21%
Original Mortgage
$450,000
Outstanding Balance
$373,977
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$626,631

Purchase Details

Closed on
Nov 13, 2008
Sold by
Gomez Roberto Z and Gomez Maria S
Bought by
Gomez Roberto Z and Gomez Maria S

Purchase Details

Closed on
Jul 19, 1996
Sold by
Bugarin Oscar J
Bought by
Gomez Roberto Z and Gomez Maria S
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
Cheng Kei Kwan $610,000 Provident Title Company
Gomez Roberto Z -- None Available
Gomez Roberto Z -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Kei Kwan $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2017 08/10/17 Sold $610,000 -2.4% $278 / Sq Ft
06/25/2017 06/25/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $625,000 -- $285 / 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 $9,461 $694,068 $416,442 $277,626
2024 $9,461 $680,460 $408,277 $272,183
2023 $8,434 $667,119 $400,272 $266,847
2022 $8,330 $654,039 $392,424 $261,615
2021 $8,120 $641,216 $384,730 $256,486
2020 $7,964 $634,643 $380,786 $253,857
2019 $7,851 $622,200 $373,320 $248,880
2018 $7,490 $610,000 $366,000 $244,000
2016 $4,767 $377,163 $179,245 $197,918
2015 $4,690 $371,499 $176,553 $194,946
2014 $4,389 $364,223 $173,095 $191,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17142814

California Regional Multiple Listing Service (CRMLS)

APN: 8616-004-015