NOT LISTED FOR SALE

824 W Elm St Montebello, CA 90640

Estimated Value: $676,000 - $881,000

4 Beds
2 Baths
1,288 Sq Ft
$622/Sq Ft Est. Value

Last Sold May 17, 2018

Last sale price $535,000 $415 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,111/month

26 Days on Market

Highlights

  • Fireplace in Kitchen
  • No HOA
  • Laundry Room
  • Contemporary Architecture
  • Two Homes on a Lot
  • Wrought Iron Fence

About This Home

As of May 2018

2 Separate Units each 2 Bedrooms 1 Bath. 2 1 car garages separate the units. Each unit has Fenced Front grassy yard and cement back yard. Both Units occupied, but can be delivered unoccupied. Great area, near 5 fwy, next to city of Commerce, major shopping and entertainment. If you're looking for an investment property this is it! If you don't want to be a landlord, live in one unit and the second unit can be a "granny flat" or for your in-laws or your college student.

Last Agent to Sell the Property

Yolanda Marmion

Berkshire Hathaway Home Srvs License #01946622 Listed on: 03/02/2018

Last Buyer's Agent

Michael Berdelis

24 Hour Real Estate License #01234589

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,318

Year Built

  • Built in 1957

Lot Details

  • 6,779 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Corners Of The Lot Have Been Marked
  • Front Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage

Home Design

  • 1,288 Sq Ft Home
  • Duplex
  • Contemporary Architecture
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • Private Water Source

Additional Features

  • Fireplace in Kitchen
  • Laundry Room
  • Two Homes on a Lot
  • Suburban Location

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 11562
  • Assessor Parcel Number 6354007030

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,318

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Zoning: MNR1YY
  • Architectural Style: Contemporary
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6354007030
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Kitchen
  • Levels: One
  • Price Per Square Foot: 415.37

Exterior Features

  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corners Marked, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 6779.00

Multi Family

  • Average2 Bed Area: 644 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 1200.00

Tax Info

  • Tax Area: 6330
  • Tax Census Tract: 5322.00
  • Tax Lot: 27
  • Tax Tract Number: 11562

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2018
Closed on
May 15, 2018
Sold by
Gonzales Mary
Bought by
Gonzales Benjamin
Seller's Agent
Yolanda Marmion
Berkshire Hathaway Home Srvs
Buyer's Agent
Michael Berdelis
24 Hour Real Estate
List Price
$560,000
Sold Price
$535,000
Premium/Discount to List
-$25,000
-4.46%
Current Estimated Value
$801,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,595
Avg. Annual Appreciation
5.39%
Original Mortgage
$428,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2018
Closed on
Apr 3, 2018
Sold by
Gonzales Benjamin
Bought by
Salazar Luis E and Salazar Beatriz A
Seller's Agent
Yolanda Marmion
Berkshire Hathaway Home Srvs
Buyer's Agent
Michael Berdelis
24 Hour Real Estate
List Price
$560,000
Sold Price
$535,000
Premium/Discount to List
-$25,000
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2018
Closed on
Mar 30, 2018
Sold by
Gonzales Benjamin
Bought by
Gonzales Benjamin and Rodriguez Sandra
Seller's Agent
Yolanda Marmion
Berkshire Hathaway Home Srvs
Buyer's Agent
Michael Berdelis
24 Hour Real Estate
List Price
$560,000
Sold Price
$535,000
Premium/Discount to List
-$25,000
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2008
Sold by
Gonzales Manuel G
Bought by
Gonzales Manuel G and The Manuel G Gonzales Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2008
Sold by
Gonzales Manuel G and Manuel G Gonzales Living Trust
Bought by
Gonzales Manuel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2006
Sold by
Gonzales Manuel G
Bought by
Gonzales Manuel G and The Manuel G Gonzales Living Trust

Purchase Details

Closed on
Mar 19, 1998
Sold by
Keseloff Peter William and Keseloff Vera
Bought by
Gonzales Manuel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,900
Interest Rate
7%
Mortgage Type
Seller Take Back
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
Gonzales Benjamin -- Orange Coast Title Company
Salazar Luis E $535,000 Orange Coast Title Company
Gonzales Benjamin -- Accommodation
Gonzales Manuel G -- None Available
Gonzales Manuel G -- First American Title
Gonzales Manuel G -- None Available
Gonzales Manuel G $181,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Luis E $426,000
Closed Salazar Luis E $428,000
Previous Owner Gonzales Manuel G $151,500
Previous Owner Gonzales Manuel G $152,000
Previous Owner Gonzales Manuel G $162,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2018 05/17/18 Sold $535,000 -4.5% $415 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $560,000 -- $435 / 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 $9,318 $608,734 $497,229 $111,505
2024 $9,318 $596,799 $487,480 $109,319
2023 $9,281 $585,098 $477,922 $107,176
2022 $8,968 $573,626 $468,551 $105,075
2021 $8,644 $562,379 $459,364 $103,015
2019 $8,243 $545,700 $445,740 $99,960
2018 $4,454 $253,983 $136,113 $117,870
2016 $4,279 $244,123 $130,829 $113,294
2015 $4,078 $240,457 $128,864 $111,593
2014 $4,037 $235,748 $126,340 $109,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18050050

California Regional Multiple Listing Service (CRMLS)

APN: 6354-007-030