NOT LISTED FOR SALE

85 E Commonwealth Ave Unit 1B Alhambra, CA 91801

Downtown Alhambra Neighborhood

Estimated Value: $723,029 - $785,000

2 Beds
2 Baths
1,350 Sq Ft
29,582 Sq Ft Lot

Sale Details

Date Sold: March 11, 2021

Last sale price $630,000 $467 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,987 / mo

68 Days on Market

Highlights

  • 0.68 Acre Lot
  • Clubhouse
  • 2 Car Attached Garage
  • San Gabriel High School Rated A-
  • Main Floor Primary Bedroom
  • Laundry Room

About This Home

As of March 2021

Welcome to this highly sought-after single level, first-floor residence complete with an oversized patio a perfect outdoor space for relaxing, dining, and entertaining guests.This is a quiet complex and amenities include an open-air courtyard, outdoor fireplace and seating areas, fitness center, BBQ area, clubhouse, secured gate entry, and guest parking.

Last Agent to Sell the Property

Shirley Yuan

Re/Max Premier Prop SanMarino License #01413210 Listed on: 12/02/2020

Re/Max Premier Prop SanMarino

Last Buyer's Agent

Yilin Weng

LAI DEED REALTY License #01810989

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • No Units Located Below
  • Two or More Common Walls
  • Back Yard

HOA Fees

  • $365 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • 1,350 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 60633
  • Assessor Parcel Number 5345005052

Community Details

Overview

  • 129 Units
  • Gateway Walk Association

Amenities

  • Clubhouse

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0.68 Acres

HOA Fees

$365 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: ALCBD/DRD*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5345005052
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1350.00 Square Feet
  • Common Walls: 2+ Common Walls, No One Below
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 466.67
  • Room Type: Main Floor Master Bedroom, Master Bathroom, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse
  • Association Fee: 365.00
  • Association Fee Frequency: Monthly
  • Association Name: Gateway Walk
  • Phone: 563083286
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Gateway Walk

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 29580.00
  • Lot Size Acres: 0.6791

Multi Family

  • Lease Considered: No
  • Lot Size Area: 29580.0000 Square Feet
  • Number Of Units In Community: 129
  • Number Of Units Total: 129

Tax Info

  • Tax Census Tract: 4810.02
  • Tax Lot: 1
  • Tax Tract Number: 60633

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2019
Sold by
Kung Tso Bin and Kung Sen Chuan
Bought by
Kung Tso Bin and Kung Sen Chuan
Current Estimated Value
$739,053

Purchase Details

Closed on
Jul 11, 2005
Sold by
Olson 737 Alhambra I Llc
Bought by
Kung Tso Bin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,384
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Kung Tso Bin -- None Available
Kung Tso Bin $480,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kung Tso Bin $384,384
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2021 03/11/21 Sold $630,000 -2.8% $467 / Sq Ft
12/02/2020 12/02/20 For Sale $648,000 -- $480 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,434 $681,929 $455,703 $226,226
2024 $8,193 $668,559 $446,768 $221,791
2023 $8,088 $655,451 $438,008 $217,443
2022 $7,690 $642,600 $429,420 $213,180
2021 $7,342 $606,625 $334,561 $272,064
2020 $7,302 $600,406 $331,131 $269,275
2019 $7,078 $588,635 $324,639 $263,996
2018 $7,009 $566,000 $312,000 $254,000
2016 $5,342 $446,000 $246,000 $200,000
2015 $5,056 $421,000 $232,400 $188,600
2014 $5,083 $421,000 $232,400 $188,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20249895

California Regional Multiple Listing Service (CRMLS)

APN: 5345-005-052

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