NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
1959 Built

Sale Details

Date Sold: June 4, 2012

Last sale price $1,030,000

104 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Monterey Vista Elementary School Rated A-

About This Home

As of June 2012

This home is located at 808 E Newmark Ave, Monterey Park, CA 91755 since 04 January 2012. This property was built in 1959. 808 E Newmark Ave is a home located in Los Angeles County with nearby schools including Monterey Vista Elementary School, Garvey (Richard) Intermediate School, and Mark Keppel High School.

Last Agent to Sell the Property

KENT VERCRUSE

VERCRUSE&ASSOC.INC.REALTORS License #00852192 Listed on: 01/04/2012

Last Buyer's Agent

WILLIAM KWOO

COLDWELL BANKER NEW CENTURY License #01053316

COLDWELL BANKER NEW CENTURY
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Parking

  • 7 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Cosmetic Repairs Needed
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 42
  • Tax Tract Number 32476
  • Assessor Parcel Number 5259008052

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $60
  • Insurance Expense $2,100
  • Maintenance Expense $3,000
  • Trash Expense $300
  • Water Sewer Expense $3,600
  • New Taxes Expense $2,200
  • Gross Income $4,500
  • Net Operating Income $42,630

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Parking

7

Listing Details

  • Assessments: No
  • Water Sewer Expenses: 3600.00
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 5259008052
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile
  • Levels: One

Exterior Features

  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 7.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Trash Expense: 300.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 800
  • Electric Expense: 60.00
  • Gross Income: 4500.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 2100.00
  • Maintenance Expense: 3000.00
  • Net Operating Income: 42630.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 11370.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 2200.00
  • Tax Lot: 42
  • Tax Tract Number: 32476

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Outstanding Balance
$349,916
Interest Rate
4.27%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 4, 2012
Closed on
May 15, 2012
Sold by
Bought by
Seller's Agent
KENT VERCRUSE
VERCRUSE&ASSOC.INC.REALTORS
Buyer's Agent
WILLIAM KWOO
COLDWELL BANKER NEW CENTURY
List Price
$1,088,000
Sold Price
$1,030,000
Premium/Discount to List
-$58,000
-5.33%

Purchase Details

Closed on
Nov 13, 2006
Sold by
Bought by

Purchase Details

Closed on
May 17, 2004
Sold by
Bought by

Purchase Details

Closed on
Jul 21, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation
$1,005,000 Fidelity National Title Co
-- None Available
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $485,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/04/2012 06/04/12 Sold $1,030,000 -5.3% --
04/17/2012 04/17/12 Pending -- -- --
01/04/2012 01/04/12 For Sale $1,088,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $18,755 $1,262,327 $502,418 $759,909
2024 $18,198 $1,237,576 $492,567 $745,009
2023 $17,623 $1,213,310 $482,909 $730,401
2022 $16,864 $1,189,521 $473,441 $716,080
2021 $16,774 $1,166,198 $464,158 $702,040
2020 $16,621 $1,154,241 $459,399 $694,842
2019 $16,177 $1,131,610 $450,392 $681,218
2018 $15,921 $1,109,422 $441,561 $667,861
2016 $14,648 $1,066,343 $424,415 $641,928
2015 $14,370 $1,050,326 $418,040 $632,286
2014 $14,198 $1,029,753 $409,852 $619,901
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12000963

California Regional Multiple Listing Service (CRMLS)
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