NOT LISTED FOR SALE

8813 Gallatin Rd Pico Rivera, CA 90660

Estimated Value: $922,000 - $1,192,435

0.5 Acre
$2,131,996 Price per Acre
21,675 Sq Ft Lot

Last Sold March 02, 2017

Last sale price $900,000 $580 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,024/month

106 Days on Market

Highlights

  • 21,675 Sq Ft lot
  • No HOA
  • Neighborhood Views

About This Lot

As of March 2017

Great Investment Opportunity! 21,675 Sq Ft lot surrounded by condos. Zoned For Multi Family, Possibility to build up to 14 Dwelling Units on this lot contingent upon meeting all building regulations. Presently there is an existing residential structure. Close to Pico Rivera Shopping Center this wonderful neighborhood is filled with owner pride making this a very desirable location for any Developer.

Last Agent to Sell the Property

Daniela Martinez

Coldwell Banker Beachside License #02014657 Listed on: 10/04/2016

Coldwell Banker Beachside

Last Buyer's Agent

Maria Fernandez

Sunrise Realty & Home Loan License #01201245

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,979

Lot Details

  • 0.5 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned Multi-Family

Additional Features

  • Neighborhood Views
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5271012055

Property Details

Property Type

Land

Est. Annual Taxes

$13,979

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: Multi-Family
  • Property Type: Land
  • Parcel Number: 5271012055
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 41.52

Exterior Features

  • View: Neighborhood

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 21675.00

Tax Info

  • Tax Census Tract: 5005.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2016
Closed on
Jan 25, 2017
Sold by
Heiberg Bonnie M and Anderson Ronald W
Bought by
Chase Construction Llc
Seller's Agent
Daniela Martinez
Coldwell Banker Beachside
Buyer's Agent
Maria Fernandez
Sunrise Realty & Home Loan
List Price
$1,115,000
Sold Price
$900,000
Premium/Discount to List
-$215,000
-19.28%
Current Estimated Value
$1,060,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,859
Avg. Annual Appreciation
1.45%
Original Mortgage
$332,500
Outstanding Balance
$277,757
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$737,469

Purchase Details

Closed on
Nov 1, 1994
Sold by
Erickson Diane
Bought by
Diane Erickson Living Trust
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
Chase Construction Llc $900,000 Orange Coast Title Company
Diane Erickson Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chase Construction Llc $332,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2017 03/02/17 Sold $900,000 -19.3% $580 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
10/04/2016 10/04/16 For Sale $1,115,000 -- $718 / 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
2024 $13,979 $1,024,044 $1,024,044 --
2023 $13,698 $1,003,965 $1,003,965 $0
2022 $13,094 $984,280 $984,280 $0
2021 $12,939 $964,981 $964,981 $0
2019 $11,631 $936,360 $936,360 $0
2018 $11,784 $918,000 $918,000 $0
2016 $3,333 $248,334 $145,512 $102,822
2015 $3,284 $244,605 $143,327 $101,278
2014 $3,255 $239,815 $140,520 $99,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16715852

California Regional Multiple Listing Service (CRMLS)

APN: 5271-012-199