NOT LISTED FOR SALE

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

Downtown Alhambra Neighborhood

Estimated Value: $721,000 - $804,000

2 Beds
2 Baths
1,350 Sq Ft
$303/mo HOA Fee

Last Sold April 23, 2018

Last sale price $633,000 $469 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,004/month

18 Days on Market

Highlights

  • City Lights View
  • 29,580 Sq Ft lot
  • Walk-In Closet
  • San Gabriel High School Rated A-
  • Outdoor Cooking Area
  • Laundry Room

About This Home

As of April 2018

This modern and wonderful corner penthouse condo is the best home in the community, offering plenty of space with 2 bedrooms, 2 full bathrooms, 1,350 square feet of living space, and a mountain skyline-view balcony to enjoy. Enjoy your private retreat with the single shared wall on the westside and gorgeous sunrises from the east. The open floor plan gives you a bright and beautiful living area with new wood floors. The upgraded kitchen comes with high-end appliances, bar seating, and a spacious countertop. A balcony looks out over fantastic views of the San Gabriel Valley Mountains. The master suite is luxurious, offering newly installed flooring, a walk-in closet, and a large bathroom. The in-unit washer & dryer make life easy and relaxed. You have access to 2 parking spaces in a gated community garage, a private garage storage unit, a gym, community BBQ, and secured access to the complex.

The area is quiet and convenient, less than a block away from a wide range of shopping and dining options, including Sprouts Supermarket, dozens of restaurants (Blaze Pizza, Gen Korean BBQ, Boiling Crab, Starbucks, 85 Degrees Bakery, Applebee's, Purple Thai, Sushi, and more), Regal Cinemas, Alhambra Place, the library, a golf course, and Alhambra High School. A quick 25 minute drive on I-10 will take you into downtown Los Angeles.

Last Agent to Sell the Property

William Tong

GOLDEN LAND INV. & FINANCIAL License #01903501 Listed on: 03/09/2018

Last Buyer's Agent

Yoyo Deng

Golden Land Investments & Financial, Inc License #02034060

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • 0.68

HOA Fees

  • $303 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Controlled Entrance

Property Views

  • City Lights
  • Mountain

Home Design

  • 1,350 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Laundry Room
  • 1 Common Wall
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 60633
  • Assessor Parcel Number 5345005154

Community Details

Overview

  • 244 Units
  • Gateway Walk Corporation Association

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

HOA Fees

$303 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: ALCBD/DRD*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5345005154
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1350.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 468.89
  • Room Type: Walk-In Closet

Exterior Features

  • View: City Lights, Mountain(s)
  • Pool Private: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Fire Pit, Barbecue, Outdoor Cooking Area
  • Association Fee: 302.85
  • Association Fee Frequency: Monthly
  • Association Name: Gateway Walk Corporation
  • Phone: 0000000
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 29580.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 244
  • Number Of Units Total: 1

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
Mar 9, 2018
Closed on
Apr 18, 2018
Sold by
Xing Howard
Bought by
Lee Su Kin and Wong Susie Yen Lin
Seller's Agent
William Tong
GOLDEN LAND INV. & FINANCIAL
Buyer's Agent
Yoyo Deng
Golden Land Investments & Financial, Inc
List Price
$588,000
Sold Price
$633,000
Premium/Discount to List
$45,000
7.65%
Current Estimated Value
$765,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,307
Avg. Annual Appreciation
2.47%

Purchase Details

Closed on
Oct 31, 2017
Sold by
Xing Chunjing
Bought by
Xing Chunjing and Wu Fengjun

Purchase Details

Listed on
Oct 15, 2015
Closed on
Dec 29, 2015
Sold by
Chan Charmaine N
Bought by
Xing Chunjing
Seller's Agent
Jerry Sun
RE/MAX Premier Properties
Buyer's Agent
William Tong
GOLDEN LAND INV. & FINANCIAL
List Price
$589,000
Sold Price
$555,000
Premium/Discount to List
-$34,000
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%

Purchase Details

Closed on
Aug 4, 2005
Sold by
Olson 737 Alhambra I Llc
Bought by
Chan Charmaine N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
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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
Lee Su Kin $633,000 Old Republic Title
Xing Chunjing -- None Available
Xing Chunjing -- None Available
Xing Chunjing $555,000 Lawyers Title
Chan Charmaine N $534,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chan Charmaine N $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2018 04/23/18 Sold $633,000 +7.7% $469 / Sq Ft
03/09/2018 03/09/18 For Sale $588,000 +5.9% $436 / Sq Ft
01/21/2016 01/21/16 Sold $555,000 -2.5% $411 / Sq Ft View Prior Sale
12/11/2015 12/11/15 Pending -- -- --
11/10/2015 11/10/15 Price Changed $569,000 -3.4% $421 / Sq Ft
10/15/2015 10/15/15 For Sale $589,000 -- $436 / 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 $8,633 $720,239 $502,234 $218,005
2024 $8,633 $706,118 $492,387 $213,731
2023 $8,520 $692,274 $482,733 $209,541
2022 $8,100 $678,701 $473,268 $205,433
2021 $8,015 $665,394 $463,989 $201,405
2019 $7,726 $645,660 $450,228 $195,432
2018 $7,143 $577,421 $386,716 $190,705
2017 $7,043 $566,100 $379,134 $186,966
2016 $4,713 $396,900 $237,900 $159,000
2015 $4,708 $396,900 $237,900 $159,000
2014 $4,734 $396,900 $237,900 $159,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18057803

California Regional Multiple Listing Service (CRMLS)

APN: 5345-005-154