NOT LISTED FOR SALE

701 De Palma Way Montebello, CA 90640

Estimated Value: $1,059,000 - $1,138,000

4 Beds
3 Baths
2,442 Sq Ft
$453/Sq Ft Est. Value

Last Sold February 22, 2017

Last sale price $700,000 $287 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,996/month

14 Days on Market

Highlights

  • Spa
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • 4-minute walk to Taylor Ranch Park

About This Home

As of February 2017

GORGEOUS 4 bedroom/3 bath corner lot home in the desirable area of North Montebello. This unique home offers sophistication and a zen inspired design, creating a sanctuary like ambiance. Enter the home through the elegant granite tiled front entry-way and beautiful double wood front doors. Completely remodeled, this home boasts crown molding throughout; a breathtaking ground-level master suite with a walk-in closet, fireplace and a large, fully-tiled bathroom with jacuzzi tub; 3 bedrooms and a full bath on the 2nd level; formal dining room; step-down living room complete with wet bar, and an adjacent office with direct access to the attached 2 car garage; recessed lighting, hardwood and granite floors throughout; a custom wrought iron stair railing and high quality finishings. The kitchen boasts elegant backsplash, gorgeous granite counter-tops, custom overhead wine rack, and stainless steel appliances. Complementing the beautiful interiors is a front garden lush with flowers and plants, a large back yard with various fruit trees and a manicured lawn ready for entertaining. All lawns watered by automated sprinkler system. Conveniently located 10 miles southeast of Los Angeles and just a few minutes drive from shopping and schools. Close proximity to all major freeways. This home is truly a must-see!

Last Agent to Sell the Property

GABRIEL ROCA

KELLER WILLIAMS License #01751682 Listed on: 12/30/2016

Last Buyer's Agent

GABRIEL ROCA

KELLER WILLIAMS License #01751682 Listed on: 12/30/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,671

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 7,470 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Lawn
  • Garden
  • Front Yard
  • Property is zoned MNR1YY

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Raised Foundation
  • Fire Rated Drywall
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,442 Sq Ft Home
  • Wet Bar
  • Crown Molding
  • Recessed Lighting
  • Gas Fireplace
  • Drapes & Rods
  • Window Screens
  • Sunken Living Room
  • Formal Dining Room
  • Home Office

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Exterior Lighting
  • Concrete Porch or Patio

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 28886
  • Assessor Parcel Number 5269024036

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,671

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: MNR1YY
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5269024036
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2442.00 Square Feet
  • Interior Amenities: Crown Molding, Granite Counters, Recessed Lighting, Sunken Living Room, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Dining Room, Separated
  • Fireplace Features: Master Bedroom, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 286.65
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Main Floor Master Bedroom, Office, Walk-In Closet
  • Spa Features: Bath
  • Window Features: Drapes, Screens

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Patio And Porch Features: Concrete, Porch
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Concrete, Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Montebello Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Garden, Landscaped, Lawn, Near Public Transit, Sprinkler System
  • Lot Size Sq Ft: 7470.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 5300.03
  • Tax Lot: 19
  • Tax Tract Number: 28886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2016
Closed on
Jan 13, 2017
Sold by
Roca Gabriel and Aleman Glenda
Bought by
Chan Chi Wai
Seller's Agent
GABRIEL ROCA
KELLER WILLIAMS
Buyer's Agent
GABRIEL ROCA
KELLER WILLIAMS
List Price
$685,000
Sold Price
$700,000
Premium/Discount to List
$15,000
2.19%
Current Estimated Value
$1,105,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,476
Avg. Annual Appreciation
5.57%
Original Mortgage
$392,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2015
Sold by
Aleman Glenda
Bought by
Roca Aleman Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2005
Sold by
Gonzales Joe J and Gonzales Adela A
Bought by
Aleman Glenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 23, 2002
Sold by
Gonzales Joe J and Gonzales Adela
Bought by
Gonzales Joe J and Gonzales Adela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.43%

Purchase Details

Closed on
Jun 5, 2001
Sold by
Lovato Jose A Ramos
Bought by
Gonzales Joe J and Gonzales Adela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.24%

Purchase Details

Closed on
May 22, 2001
Sold by
Ramos Maria M
Bought by
Ramos Lovato Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.24%

Purchase Details

Closed on
Apr 16, 2001
Sold by
Ramos Lovato Jose A
Bought by
Deramos Maria P Lovato

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.24%

Purchase Details

Closed on
Jun 2, 1999
Sold by
Ramos Maria M
Bought by
Lovato Jose A Ramos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,160
Interest Rate
6.9%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 15, 1999
Sold by
Mendoza Rudolph V and Mendoza Maxine
Bought by
Lovato Jose A Ramos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,160
Interest Rate
6.9%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Chan Chi Wai $700,000 Chicago Title
Roca Aleman Family Trust -- None Available
Aleman Glenda $750,000 North American Title Co
Gonzales Joe J -- Southland Title
Gonzales Joe J $369,000 Old Republic Title
Ramos Lovato Jose A -- Old Republic Title
Ramos Lovato Jose A -- Old Republic Title
Deramos Maria P Lovato -- --
Lovato Jose A Ramos -- American Title Co
Lovato Jose A Ramos $249,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Chi Wai $370,000
Closed Chan Chi Wai $392,000
Previous Owner Roca Aleman Family Trust $70,000
Previous Owner Aleman Glenda $650,000
Previous Owner Aleman Glenda $115,000
Previous Owner Aleman Glenda $596,000
Previous Owner Gonzales Joe J $73,200
Previous Owner Gonzales Joe J $50,000
Previous Owner Gonzales Joe J $460,000
Previous Owner Gonzales Joe J $383,500
Previous Owner Gonzales Joe J $30,000
Previous Owner Gonzales Joe J $305,000
Previous Owner Gonzales Joe J $77,500
Previous Owner Gonzales Joe J $60,000
Previous Owner Gonzales Joe J $300,700
Previous Owner Gonzales Joe J $285,000
Previous Owner Lovato Jose A Ramos $25,000
Previous Owner Lovato Jose A Ramos $199,160
Closed Gonzales Joe J $35,000
Closed Aleman Glenda $74,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2017 02/22/17 Sold $700,000 +2.2% $287 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
12/30/2016 12/30/16 For Sale $685,000 -- $281 / 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 $11,671 $812,403 $466,667 $345,736
2024 $11,671 $796,474 $457,517 $338,957
2023 $11,649 $780,858 $448,547 $332,311
2022 $11,257 $765,548 $439,752 $325,796
2021 $10,866 $750,538 $431,130 $319,408
2019 $10,412 $728,279 $418,344 $309,935
2018 $10,577 $714,000 $410,142 $303,858
2016 $9,695 $662,000 $467,000 $195,000
2015 $8,925 $634,000 $447,000 $187,000
2014 $8,962 $634,000 $447,000 $187,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB16769408

California Regional Multiple Listing Service (CRMLS)

APN: 5269-024-036