NOT LISTED FOR SALE

85 E Commonwealth Ave Unit PH-B Alhambra, CA 91801

Downtown Alhambra Neighborhood

Estimated Value: $752,000 - $780,000

2 Beds
2 Baths
1,350 Sq Ft
$288/mo HOA Fee

Last Sold July 14, 2017

Last sale price $580,000 $430 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,235/month

9 Days on Market

Highlights

  • Fitness Center
  • No Units Above
  • Mountain View
  • San Gabriel High School Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of July 2017

PENTHOUSE FLOOR 2+2 Single Level Condo; 1350 s.f.; no 2nd level stairs, no privacy issues & no neighbors above! Welcome to Gateway Walk built in 2006 by Olson Company, a premier builder: ONE OF THE NEWER DEVELOPMENTS IN ALHAMBRA. This modern finished residence has a formal entry, an open floor plan, beautiful dark wood cabinets w/ an immense granite kitchen island, new upgraded carpet, stainless steel appliances, upgraded window treatment rods, washer/dryer closet, a custom light fixture above dining room, & a his and her dual sink in the Master bathroom. Newly repainted with light grey tone and dark accent walls, this residence has a contemporary feel, complete with views of the San Gabriel mountains, a private balcony, & a custom designed master closet system 4 those who appreciate organization. Complex amenities include: open lush grounds, Community BBQ's & sitting areas, gym, secured access, & a newly renovated common room which is simply amazing. Unit has 2 tandem parking spaces. Floor plan attached as MLS supplement.

LOCATION LOCATION LOCATION.... EXCELLENT ACCESS To the 10 FWY, USC, DOWNTOWN LA, PASADENA!!! Whether owner-occupied, or for your children attending university or graduate school... why rent when you can own? Gateway Walk is within walking distance to the Regal Theater complex, Sprouts, and the new and exciting restaurants along the Main Street corridor; and if that's not enough.... Pasadena & Downtown LA attractions are only minutes away.

Last Agent to Sell the Property

Jose Pascual

Escala Realty Group License #01365963 Listed on: 05/08/2017

Last Buyer's Agent

Josephine Yang

License #01188008

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,940

Year Built

  • Built in 2006

Lot Details

  • No Units Above
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $288 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Controlled Entrance

Home Design

  • Contemporary Architecture
  • Modern Architecture

Interior Spaces

  • 1,350 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Formal Entry
  • Living Room Balcony
  • Mountain Views

Kitchen

  • Convection Oven
  • Gas Oven
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 7777
  • Tax Tract Number 2525
  • Assessor Parcel Number 5345005157

Community Details

Overview

  • Gateway Walk Association, Phone Number (562) 308-3286
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Meeting Room

Recreation

  • Fitness Center

Pet Policy

  • Pet Restriction

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,940

Year Built

Built in 2006

Lot Details

0

HOA Fees

$288 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: washer dryer stackable unit
  • Other Phone Description: 8055871983
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Contemporary, Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5345005157
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1350.00 Square Feet
  • Interior Amenities: Living Room Balcony, Open Floorplan, Recessed Lighting
  • Stories: 4
  • Entry Location: Top Level,Penthouse
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 4
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 429.63
  • Room Type: Formal Entry, Walk-In Closet
  • Bathroom Features: Bathtub, Granite Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Controlled Entrance, Covered
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Outdoor Cooking Area, Gym/Ex Room, Meeting Room, Maintenance Grounds, Dues Paid Monthly, Pet Rules, Controlled Access
  • Association Fee: 288.43
  • Association Fee Frequency: Monthly
  • Association Name: Gateway Walk
  • Phone: 5623083286
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 7777
  • Tax Tract Number: 2525

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
Jul 12, 2017
Sold by
Ng Michael Guan Yuh
Bought by
Ng Michael Guan Yuh and Ng Pauline Yuen Ling
Seller's Agent
Jose Pascual
Escala Realty Group
Buyer's Agent
Josephine Yang
List Price
$575,000
Sold Price
$580,000
Premium/Discount to List
$5,000
0.87%
Current Estimated Value
$786,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,540
Avg. Annual Appreciation
3.52%
Original Mortgage
$450,700
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 8, 2017
Closed on
May 22, 2017
Sold by
Pascual Edward Elias
Bought by
Ng Michael Guan Yuh and Ng Pauline Yuen Ling
Seller's Agent
Jose Pascual
Escala Realty Group
Buyer's Agent
Josephine Yang
List Price
$575,000
Sold Price
$580,000
Premium/Discount to List
$5,000
0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,700
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 15, 2015
Sold by
Pascual Edward Elias
Bought by
Pascual Edward Elias and Pascual Ana Liza Elias

Purchase Details

Closed on
Apr 26, 2006
Sold by
Olson 737 Alhambra I Llc
Bought by
Pascual Edward Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,431
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Ng Michael Guan Yuh -- Pacific Coast Title
Ng Michael Guan Yuh $580,000 Pacific Coast Title
Pascual Edward Elias -- Accommodation
Pascual Edward Elias $522,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ng Michael Guan Yuh $419,000
Previous Owner Ng Michael Guan Yuh $450,700
Previous Owner Pascual Edward Elias $423,379
Previous Owner Pascual Edward Elias $417,000
Previous Owner Pascual Edward Elias $52,000
Previous Owner Pascual Edward Elias $417,431
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $580,000 +0.9% $430 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $575,000 0.0% $426 / Sq Ft
04/01/2016 04/01/16 Rented $2,150 0.0% --
03/26/2016 03/26/16 Under Contract -- -- --
03/22/2016 03/22/16 For Rent $2,150 -- --
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 $7,940 $659,933 $451,259 $208,674
2024 $7,940 $646,994 $442,411 $204,583
2023 $7,840 $634,309 $433,737 $200,572
2022 $7,455 $621,873 $425,233 $196,640
2021 $7,377 $609,681 $416,896 $192,785
2019 $7,112 $591,600 $404,532 $187,068
2018 $7,174 $580,000 $396,600 $183,400
2016 $5,342 $446,000 $269,000 $177,000
2015 $4,786 $396,900 $239,600 $157,300
2014 $4,812 $396,900 $239,600 $157,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17100874

California Regional Multiple Listing Service (CRMLS)

APN: 5345-005-157