NOT LISTED FOR SALE

85 E Commonwealth Ave Unit 3E Alhambra, CA 91801

Downtown Alhambra Neighborhood

Estimated Value: $754,123 - $810,000

2 Beds
2 Baths
1,350 Sq Ft
0.68 Acres

Last Sold December 14, 2016

Last sale price $539,000 $399 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,977/month

43 Days on Market

Highlights

  • Primary Bedroom Suite
  • Gated Parking
  • 0.68 Acre Lot
  • San Gabriel High School Rated A
  • Gated Community
  • Mountain View

About This Home

As of December 2016

Location, location, location! Prime Alhambra condo in the Gateway Walk Community with all the perks of trendy eateries and entertainment at the heart of the Main Street strip. Best of urban living; close to DTLA, shopping, schools, freeway, and public transportation. This single-level end unit is bright, spacious, and very quiet! It features generous sized bedrooms, especially the master ensuite with large walk in closet that can be lived in. Enjoy peace and quiet while taking in the beautiful panoramic views of the San Gabriel mountains right from the balcony. This well-maintained gated community features a newly landscaped outdoor area with plenty of space for entertaining guests including a large fireplace lounge area, BBQ patio, and Recreation Room. You can even keep fit with the onsite Gym! Parking is assigned for two cars in oversized, tandem spaces. Laundry in unit. Excellent opportunity to own in this well-planned complex built by the very reputable, quality builders, Olson Company.

Last Agent to Sell the Property

Jane Garzona

Keller Williams Realty License #01939641 Listed on: 10/13/2016

Keller Williams Realty

Last Buyer's Agent

Mei-Mei Liu

Berkshire Hathaway Home Serv. License #01329663

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,544

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • 1 Common Wall
  • Landscaped

Parking

  • Subterranean Parking
  • Oversized Parking
  • Parking Available
  • Gated Parking
  • Parking Lot

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 1,350 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Dining Room
  • Mountain Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • 2 Full Bathrooms

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 60633
  • Assessor Parcel Number 5345005114

Community Details

Overview

  • Property has a Home Owners Association
  • 81 Units
  • Foothills

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,544

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Card/Code Access, Gated Community
  • View: Yes
  • Zoning: ALCBD/DRD*
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5345005114
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1350.00 Square Feet
  • Stories: 4
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s)
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 399.26
  • Room Type: Living Room, Master Suite, Walk-In Closet

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Gated, Oversized, Parking Space, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 289.00
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Foothills, Urban

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Near Public Transit
  • 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: 81

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2016
Closed on
Dec 2, 2016
Sold by
Wang Rebecca
Bought by
Chen Cynthia Chow and Chen Kevin J
Seller's Agent
Jane Garzona
Keller Williams Realty
Buyer's Agent
Mei-Mei Liu
Berkshire Hathaway Home Serv.
List Price
$559,000
Sold Price
$539,000
Premium/Discount to List
-$20,000
-3.58%
Current Estimated Value
$798,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,114
Avg. Annual Appreciation
4.20%

Purchase Details

Closed on
Nov 17, 2014
Sold by
The Janice Wang Mao Trust
Bought by
Wang Rebecca

Purchase Details

Closed on
Feb 5, 2013
Sold by
Mao Janice W
Bought by
Mao Janice Wang and Janice Wang Mao Revocable Trust

Purchase Details

Closed on
Oct 4, 2005
Sold by
Olson 737 Alhambra I Llc
Bought by
Mao Janice W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Chen Cynthia Chow $539,000 Old Republic
Mao Janice Wang -- None Available
Mao Janice W $506,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mao Janice W $223,000
Previous Owner Mao Janice W $225,000
Previous Owner Mao Janice W $230,000
Previous Owner Mao Janice W $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2016 12/14/16 Sold $539,000 -3.6% $399 / Sq Ft
11/25/2016 11/25/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $559,000 -- $414 / 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 $7,544 $625,550 $412,817 $212,733
2024 $7,544 $613,285 $404,723 $208,562
2023 $7,453 $601,261 $396,788 $204,473
2022 $7,088 $589,472 $389,008 $200,464
2021 $7,013 $577,915 $381,381 $196,534
2019 $6,761 $560,775 $370,070 $190,705
2018 $6,819 $549,780 $362,814 $186,966
2016 $5,554 $464,983 $287,315 $177,668
2015 $5,470 $458,000 $283,000 $175,000
2014 $4,812 $396,900 $215,500 $181,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF16733794

California Regional Multiple Listing Service (CRMLS)

APN: 5345-005-114