NOT LISTED FOR SALE

Estimated Value: $601,000 - $669,588

2 Beds
2 Baths
1,141 Sq Ft
$554/Sq Ft Est. Value

Last Sold July 24, 2012

Last sale price $181,000 $159 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $3,542/month

82 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Garage
  • Carpet
  • Laundry Room
  • Wood Burning Fireplace
  • 5-minute walk to Garfield Park

About This Home

As of July 2012

Why rent when you can own? This property has two BEAUTIFUL units on a lot of over 6,400 square feet. Live in one and rent the other one out, or great investment opportunity. This is a TRUST SALE with no court confirmation required. Each unit has one bedroom and one bath with separate yard areas for each. The front unit is the larger of the two units and accented with a fireplace. In 2009, the roofs were replaced and the two car garage was re-built. This property has easy freeway access from the 210E and 10E freeways. Why not make this your last stop!

Last Agent to Sell the Property

Nancy McSween

COMPASS License #01775649 Listed on: 04/19/2012

COMPASS

Last Buyer's Agent

Karen Yu

Mountain View Capital, Inc. License #01909924

Mountain View Capital, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,022

Year Built

  • Built in 1956

Lot Details

  • 6,509 Sq Ft Lot

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture

Interior Spaces

  • Wood Burning Fireplace
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 8326003021

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $65
  • Insurance Expense $120
  • New Taxes Expense $2,022
  • Operating Expense $5,301
  • Net Operating Income $15,956

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,022

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Improvements Percent: 29.00
  • Property Attached: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 65.00
  • Parcel Number: 8326003021
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Fireplace Features: Wood Burning
  • Levels: One

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Inside

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6509.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 19600.00
  • Insurance Expense: 120.00
  • Lot Size Area: 6509.0000 Square Feet
  • Net Operating Income: 15956.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 5301.00
  • Total Actual Rent: 1600.00
  • Total Expenses: 5301.00

Tax Info

  • New Taxes Expense: 2022.00
  • Tax Area: PLTAR
  • Tax Annual Amount: 2022.00
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2018
Sold by
Lau Shun Wing and Lui Christopher
Bought by
Lui Christopher
Current Estimated Value
$631,897

Purchase Details

Closed on
May 15, 2012
Sold by
Preston Gregory E and Anderson Anthony Quinn
Bought by
Lau Shun Wing and Lui Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 1996
Sold by
Mcmillan Walter J and Mcmillan Jean R
Bought by
Pomona First Fsla and Walter J & Jean R Mcmillan Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lui Christopher -- Accommodation
Lau Shun Wing $181,000 Lawyers Title
Pomona First Fsla -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lau Shun Wing $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2012 07/24/12 Sold $181,000 -- $159 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
Source: Pasadena-Foothills Association of REALTORS®

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 $3,093 $222,878 $148,998 $73,880
2024 $3,093 $218,509 $146,077 $72,432
2023 $3,032 $214,225 $143,213 $71,012
2022 $2,982 $210,025 $140,405 $69,620
2021 $2,910 $205,907 $137,652 $68,255
2020 $2,901 $203,797 $136,241 $67,556
2019 $2,965 $199,802 $133,570 $66,232
2018 $2,706 $195,885 $130,951 $64,934
2016 $2,541 $188,280 $125,867 $62,413
2015 $2,520 $185,453 $123,977 $61,476
2014 $2,513 $181,821 $121,549 $60,272
Source: Public Records

Agents Affiliated with this Home

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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-22163565

Pasadena-Foothills Association of REALTORS®

APN: 8326-003-021