NOT LISTED FOR SALE

720 N Soldano Ave Azusa, CA 91702

North Azusa Neighborhood

Estimated Value: $966,000 - $1,613,347

8 Beds
4 Baths
3,324 Sq Ft
$380/Sq Ft Est. Value

Last Sold March 29, 2013

Last sale price $688,000 $207 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $7,755/month

6 Days on Market

About This Home

As of March 2013

New Renovation, Great location. Close to shopping, schools, transportation, Azusa pacific University, 210 Fwy and city hall. Total of 4 Units with 2 bedroom/1 bath each. Front unit is like a single family home with a yard & patio (built in 1923). Units 3 and 4 are town homes style with balconies (built in 1988). All units have laundry hook ups. Very good tenant, good income and credit, easy to manage, easy to rent.

Last Agent to Sell the Property

Chun Cheng

Sun Global Investment License #01908557 Listed on: 02/26/2013

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,527

Year Built

  • Built in 1923

Lot Details

  • 7,866 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 6 Car Garage

Home Design

  • 3,324 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 1
  • Assessor Parcel Number 8608029025

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Professional Management Expense $2,400
  • Trash Expense $480
  • Water Sewer Expense $780
  • New Taxes Expense $5,500
  • Gross Income $57,600
  • Net Operating Income $47,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,527

Year Built

Built in 1923

Lot Details

0

Parking

6

Listing Details

  • Other Phone Description: 6263228585
  • Professional Management Expense: 2400.00
  • Property Attached: Yes
  • Water Sewer Expenses: 780.00
  • Property Type: Residential Income
  • Parcel Number: 8608029025
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 206.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating: Yes
  • Heating Type: Central
  • Trash Expense: 480.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 7866.00
  • Lot Size Acres: 0.1810

Multi Family

  • Gross Income: 57600.00
  • Gross Scheduled Income: 57600.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 7866.0000 Square Feet
  • Net Operating Income: 47340.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 10260.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5500.00
  • Tax Lot: 9
  • Tax Tract Number: 01
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2013
Closed on
Mar 22, 2013
Sold by
Sun Yujiao
Bought by
Qin Chang Hong and The Chang Hong Qin Trust
Seller's Agent
Chun Cheng
Sun Global Investment
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$650,000
Sold Price
$688,000
Premium/Discount to List
$38,000
5.85%
Current Estimated Value
$1,262,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$574,337
Avg. Annual Appreciation
4.97%

Purchase Details

Listed on
Mar 23, 2012
Closed on
Jul 25, 2012
Sold by
Flores Marcelo I and Flores Martha C
Bought by
Sun Yujiao
Seller's Agent
Tony Zeng
METRO REAL ESTATE GROUP
Buyer's Agent
Antonio Cosio
METRO REAL ESTATE GROUP
List Price
$415,000
Sold Price
$437,100
Premium/Discount to List
$22,100
5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
107.85%

Purchase Details

Closed on
Sep 19, 2011
Sold by
Flores Marcelo I
Bought by
Flores Marcelo I and Flores Martha C

Purchase Details

Closed on
Mar 12, 2007
Sold by
Flores Martha C
Bought by
Flores Marcelo I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
6.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 28, 2007
Sold by
Le Berthon Mark and Le Berthon Diane
Bought by
Flores Marcelo I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
6.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 31, 1995
Sold by
Beneficial Mtg Corp
Bought by
Leberthon Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,400
Interest Rate
7.67%

Purchase Details

Closed on
May 4, 1995
Sold by
Molina Lilia and Amulong Carmencita P
Bought by
Beneficial Mtg Corp

Purchase Details

Closed on
Oct 20, 1994
Sold by
Molina Lilia and Amulong Carmencita P
Bought by
Amulong Carmencita P
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
Qin Chang Hong $688,000 Pacific Coast Title Company
Sun Yujiao $437,500 Lawyers Title
Flores Marcelo I -- None Available
Flores Marcelo I -- Chicago Title Co
Flores Marcelo I $835,000 Chicago Title Co
Leberthon Mark $232,000 Fidelity Title
Beneficial Mtg Corp $216,494 Fidelity National Title Ins
Amulong Carmencita P -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flores Marcelo I $83,500
Previous Owner Flores Marcelo I $668,000
Previous Owner Leberthon Mark $210,000
Previous Owner Leberthon Mark $208,000
Previous Owner Leberthon Mark $220,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2013 03/29/13 Sold $688,000 +5.8% $207 / Sq Ft
02/28/2013 02/28/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $650,000 +48.7% $196 / Sq Ft
08/14/2012 08/14/12 Sold $437,100 +5.3% $131 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
03/23/2012 03/23/12 For Sale $415,000 -- $125 / 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 $10,527 $847,210 $430,993 $416,217
2024 $10,527 $830,599 $422,543 $408,056
2023 $10,249 $814,313 $414,258 $400,055
2022 $10,123 $798,347 $406,136 $392,211
2021 $9,863 $782,694 $398,173 $384,521
2019 $9,537 $759,481 $386,364 $373,117
2018 $9,119 $744,590 $378,789 $365,801
2016 $8,729 $715,679 $364,081 $351,598
2015 $8,587 $704,930 $358,613 $346,317
2014 $8,019 $691,123 $351,589 $339,534
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Chun Cheng

    Sun Global Investment

  • N

    Buyer's Agent in 2013

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    2 in this area

    5,836 Total Sales

    NoEmail NoEmail
    Section Image

  • T

    Seller's Agent in 2012

    Tony Zeng

    METRO REAL ESTATE GROUP

    (909) 702-8889

    1 Total Sale

    Tony Zeng
    Section Image

  • A

    Buyer's Agent in 2012

    Antonio Cosio

    METRO REAL ESTATE GROUP

    (626) 255-9777

    15 Total Sales

    Antonio Cosio
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR13029347

California Regional Multiple Listing Service (CRMLS)

APN: 8608-029-025

California Los Angeles County Azusa 91702 North Azusa

720 N Soldano Ave, Azusa, CA

This home is located at 720 N Soldano Ave, Azusa, CA 91702 since 26 February 2013 and is currently estimated at $1,262,337, approximately $379 per square foot. This property was built in 1923. 720 N Soldano Ave is a home located in Los Angeles County with nearby schools including Henry Dalton Elementary School, Azusa High School, and St. Frances of Rome School.

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.

California Regional Multiple Listing Service (CRMLS) 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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