NOT LISTED FOR SALE

Estimated Value: $1,370,000 - $1,681,000

7 Beds
3 Baths
3,373 Sq Ft
$464/Sq Ft Est. Value

Last Sold December 03, 2012

Last sale price $765,000 $227 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $9,152/month

192 Days on Market

About This Home

As of December 2012

Huge price reduction!!! Great for investment or own use. Very nice 2 on a lot located at north Alhambra. Front house has 4 bedroom 2.5 bathroom at 2,413 sq ft. A huge master bedroom at upstairs with 3 closets, jacuzzi tub, double sink, balcony. Downstairs features 3 bedrooms, 1.75 bathrooms, living room, high ceiling dining room, entertaining room. Back unit at 960 sq ft living area has 3 bedrooms, 1 bathroom & private backyard (rental income: $1,400/month). Property was remodeled & addition in 1998. 2 A/C unit. A lot of fruit trees (orange, apple, kumquat, pear.....) in the backyard. 2 detached garage.

Last Agent to Sell the Property

Angel Lau

Coldwell Banker Dynasty T.C. License #01337201 Listed on: 05/21/2012

Coldwell Banker Dynasty T.C.

Last Buyer's Agent

ISMAIL CHANG, DRE 01522411

REAL ESTATE EBROKER, INC. License #00791828

REAL ESTATE EBROKER, INC.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 8,212

Parking

  • 2 Car Garage

Home Design

  • 3,373 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Additional Features

  • 8,212 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 1797
  • Assessor Parcel Number 5322013018

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $900
  • Insurance Expense $1,000
  • Trash Expense $360
  • New Taxes Expense $8,200
  • Gross Income $4,100
  • Net Operating Income $38,290

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 5322013018
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 226.80

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Trash Expense: 360.00
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 8212.00
  • Lot Size Acres: 0.1890

Multi Family

  • Electric Expense: 900.00
  • Gross Income: 4100.00
  • Gross Scheduled Income: 4100.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 8212.0000 Square Feet
  • Net Operating Income: 38290.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 10910.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8200.00
  • Tax Lot: 8
  • Tax Tract Number: 1797

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2014
Sold by
Wong Kai Kwong and Wong Karima Chang
Bought by
Wong Family Trust
Current Estimated Value
$1,565,881

Purchase Details

Listed on
May 21, 2012
Closed on
Nov 15, 2012
Sold by
Wen Eric and Cheung Kinling
Bought by
Wong K K and Wong Karima
Seller's Agent
Angel Lau
Coldwell Banker Dynasty T.C.
Buyer's Agent
ISMAIL CHANG, DRE 01522411
REAL ESTATE EBROKER, INC.
List Price
$829,000
Sold Price
$765,000
Premium/Discount to List
-$64,000
-7.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%

Purchase Details

Closed on
Aug 20, 2002
Sold by
Zozaya Ramon Savala and Ruiz Estella
Bought by
Wen Eric and Cheung Kinling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.43%
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
Wong Family Trust -- None Available
Wong K K $765,000 First American Title Company
Wen Eric $455,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wen Eric $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2012 12/03/12 Sold $765,000 -7.7% $227 / Sq Ft
11/29/2012 11/29/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $829,000 -- $246 / 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 $11,568 $942,030 $565,219 $376,811
2024 $11,568 $923,560 $554,137 $369,423
2023 $11,432 $905,452 $543,272 $362,180
2022 $10,884 $887,699 $532,620 $355,079
2021 $10,760 $870,294 $522,177 $348,117
2020 $10,702 $861,371 $516,823 $344,548
2019 $10,381 $844,483 $506,690 $337,793
2018 $10,332 $827,925 $496,755 $331,170
2016 $9,481 $795,777 $477,466 $318,311
2015 $9,337 $783,825 $470,295 $313,530
2014 $9,216 $768,472 $461,083 $307,389
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: A12064411

California Regional Multiple Listing Service (CRMLS)

APN: 5322-013-018