NOT LISTED FOR SALE

640 E Lemon Ave Glendora, CA 91741

South Glendora Neighborhood

Estimated Value: $1,175,000 - $1,824,000

0.23 Acre
$6,757,970 Price per Acre
10,013 Sq Ft Lot

Last Sold December 29, 2016

Last sale price $433,889 $522 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $9,424/month

19 Days on Market

Highlights

  • No HOA
  • Rectangular Lot
  • Back and Front Yard
  • La Fetra Elementary School Rated A

About This Lot

As of December 2016

Don't miss out on this amazing opportunity. It's truly a developers/investors dream. Land is Zoned R-2 with a teardown home on a 10,000 sqft lot with approved plans for 3 multi-family detached units. Future developed value is $1,250,000 or each unit can be rented for approximately $2,400. All units are 3BR 2.5BA with units 1 & 2 at 1,425 sqft and unit 3 at 1,529 sqft. Check out 614 Lemon Ave. for most recent comparison. Move fast as this opportunity won't last.

Last Agent to Sell the Property

Ali Fassih

Amaze Realty License #01475320 Listed on: 12/02/2016

Last Buyer's Agent

Raul Valdez

Tiempo Realty License #01862838

Property Details

Property Type

  • Land

Lot Details

  • 10,013 Sq Ft Lot
  • Rectangular Lot
  • Back and Front Yard
  • Value in Land
  • Tear Down
  • Property is zoned GDR2

Listing and Financial Details

  • Assessor Parcel Number 8646026004

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: No
  • Zoning: GDR2
  • Property Type: Land
  • Parcel Number: 8646026004
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 43.33

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft, Rectangular Lot, Tear Down, Value In Land
  • Lot Size Sq Ft: 10013.00
  • Usable Land Percent: 100

Tax Info

  • Tax Census Tract: 4011.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2016
Closed on
Dec 28, 2016
Sold by
Aevo Development Llc
Bought by
M & M Real Estate Holding Llc
Seller's Agent
Ali Fassih
Amaze Realty
Buyer's Agent
Raul Valdez
Tiempo Realty
List Price
$439,000
Sold Price
$433,889
Premium/Discount to List
-$5,111
-1.16%
Current Estimated Value
$1,554,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,120,444
Avg. Annual Appreciation
15.23%

Purchase Details

Closed on
Dec 18, 2015
Sold by
Rc Properties Llc
Bought by
Aevo Development Llc

Purchase Details

Listed on
Apr 14, 2015
Closed on
May 19, 2015
Sold by
Thompson Karl and Esther Brady Revocable Living
Bought by
Aevo Development Llc and Rc Properties Llc
Seller's Agent
Maureen Haney
COMPASS
Buyer's Agent
Ali Fassih
West Capital Real Estate
List Price
$425,000
Sold Price
$324,000
Premium/Discount to List
-$101,000
-23.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.98%

Purchase Details

Closed on
Jun 18, 1998
Sold by
Brady Esther K
Bought by
Brady Esther and Esther Brady Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
M & M Real Estate Holding Llc $434,000 Pacific Coast Title Company
Aevo Development Llc -- None Available
Aevo Development Llc $324,000 Lawyers Title
Brady Esther -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2016 12/29/16 Sold $433,889 -1.2% $522 / Sq Ft
12/21/2016 12/21/16 Pending -- -- --
12/02/2016 12/02/16 For Sale $439,000 +35.5% $528 / Sq Ft
06/01/2015 06/01/15 Sold $324,000 -7.4% $389 / Sq Ft View Prior Sale
05/18/2015 05/18/15 Pending -- -- --
05/13/2015 05/13/15 Price Changed $350,000 -12.5% $421 / Sq Ft
04/21/2015 04/21/15 Price Changed $399,800 -5.9% $481 / Sq Ft
04/14/2015 04/14/15 For Sale $425,000 -- $511 / 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 $15,362 $1,288,802 $503,575 $785,227
2024 $15,362 $1,263,532 $493,701 $769,831
2023 $14,959 $1,238,758 $484,021 $754,737
2022 $11,733 $998,607 $474,531 $524,076
2021 $5,707 $465,227 $465,227 $0
2019 $5,253 $451,429 $451,429 $0
2018 $5,286 $442,578 $442,578 $0
2016 $4,409 $362,125 $308,477 $53,648
2015 $742 $34,837 $22,414 $12,423
2014 -- $34,155 $21,975 $12,180
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Ali Fassih

    Amaze Realty

    (818) 873-7303

    Ali Fassih
    Section Image

  • R

    Buyer's Agent in 2016

    Raul Valdez

    Tiempo Realty

    (626) 862-3973

    Raul Valdez
    Section Image
  • Maureen Haney

    Seller's Agent in 2015

    Maureen Haney

    COMPASS

    (626) 216-8067

    14 in this area

    223 Total Sales

    Maureen Haney
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16756446

California Regional Multiple Listing Service (CRMLS)

APN: 8646-026-004

California Los Angeles County Glendora 91741 South Glendora

640 E Lemon Ave, Glendora, CA

Not Listed for Sale

Lots

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