NOT LISTED FOR SALE

89 E Commonwealth Ave Unit 3M Alhambra, CA 91801

Downtown Alhambra Neighborhood

Estimated Value: $571,000 - $608,000

1 Bed
1 Bath
990 Sq Ft
$343/mo HOA Fee

Last Sold October 17, 2023

Last sale price $548,000 $554 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,011/month

17 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • 0.79 Acre Lot
  • San Gabriel High School Rated A-
  • City Lights View
  • Open Floorplan

About This Home

As of October 2023

BACK ON MARKET. NO-FAULT ON THE SELLER! As you enter this newer Condominium Building through the gated community doors, you can see wide open spaces to enjoy, an outdoor fireplace sitting area, and BBQs for your outdoor relaxation. Up to the 3rd floor on the center elevator takes you to this Lovely Unit. The wood floors are very attractive from the Entry throughout the home. Beyond the entry is an open Kitchen, Dining Area, and Living room for your enjoyment. Lots of Windows keep this light and airy. Off the Living area is the Laundry Closet, and the washer and dryer are included. On to the well-appointed Kitchen where all the appliances, including the Refrigerator. Granite countertops, a breakfast bar, a great tile backsplash, and very nicely designed cabinets and space for all your cooking needs. The hall has a spacious Full Bath with a Tub and Shower and a large sink area. Throughout the home, has extra storage cabinets and closets. On to the Spacious bedroom, again with lots of light and a good-sized walk-in closet for your ample wardrobe. Off the living room is a small balcony with a French door for additional relaxing space. The complex has a Gym, a large Entertainment room, and a subterranean garage with two parking spaces. Centrally located in Alhambra’s shopping district and many restaurants. Come see this Lovely Home to call your own.

Last Agent to Sell the Property

Sarah Chan

Engel & Völkers Pasadena License #02054037 Listed on: 09/15/2023

Engel & Völkers Pasadena

Co-Listed By

David Scarminach

Engel & Völkers San Marino License #00692837

Last Buyer's Agent

Pei Lin

Engel & Völkers Pasadena License #02210885

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • 0.79

HOA Fees

  • $343 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Parking Lot

Home Design

  • Modern Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 990 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • Entryway
  • Living Room
  • Wood Flooring
  • City Lights Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Balcony
  • Outdoor Fireplace

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 60633
  • Assessor Parcel Number 5345005110

Community Details

Overview

  • 129 Units
  • Gateway Walk Corp Association, Phone Number (562) 308-3286

Amenities

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

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

HOA Fees

$343 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Zoning: ALCBD/DRD*
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5345005110
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 990.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 3
  • Fireplace Features: Outside
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 553.54
  • Room Type: Entry, Living Room, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Fire Pit, Barbecue, Outdoor Cooking Area, Gym/Ex Room, Recreation Room, Trash, Pet Rules
  • Association Fee: 343.33
  • Association Fee Frequency: Monthly
  • Association Name: Gateway Walk Corp
  • Phone: 562-308-3286
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Gateway Walk Corp

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 34399.00
  • Lot Size Acres: 0.7897

Multi Family

  • Lease Considered: No
  • Lot Size Area: 34399.0000 Square Feet
  • Number Of Units In Community: 129
  • 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

Closed on
Sep 26, 2019
Sold by
Gin Joseph T and Gin Melvina M
Bought by
Gin Joseph T and Gin Melvina M
Current Estimated Value
$590,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$305,940
Interest Rate
3.5%
Estimated Equity
$284,969

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jul 5, 2018
Sold by
Mo Johnny K
Bought by
Gin Joseph Timothy and Ho Melvina Mun Yin
Seller's Agent
Tim Rellaford
California Custom Realty
Buyer's Agent
John Lee
Long Dragon Realty Group, Inc.
List Price
$435,000
Sold Price
$445,000
Premium/Discount to List
$10,000
2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Original Mortgage
$356,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2014
Closed on
Aug 20, 2014
Sold by
Cheng Rebecca Danielle
Bought by
Johnny & Janice Mo Family Trust
Seller's Agent
Judy Woo
MASTERS REALTY
Buyer's Agent
Judy Woo
MASTERS REALTY
Sold Price
$1,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%

Purchase Details

Closed on
Apr 18, 2008
Sold by
Shang Xiaoxi
Bought by
Cheng Rebecca Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2005
Sold by
Olson 737 Alhambra I Llc
Bought by
Shang Xiaoxi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,676
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Gin Joseph T -- Old Republic Title Company
Gin Joseph Timothy $445,000 Pacific Coast Title Company
Johnny & Janice Mo Family Trust $378,000 Provident Title
Cheng Rebecca Danielle $340,000 United General Title Ins Co
Shang Xiaoxi $341,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gin Joseph T $350,000
Previous Owner Gin Joseph Timothy $356,000
Previous Owner Cheng Rebecca Danielle $289,000
Previous Owner Shang Xiaoxi $272,676
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2023 10/17/23 Sold $548,000 0.0% $554 / Sq Ft
09/15/2023 09/15/23 For Sale $548,000 +23.1% $554 / Sq Ft
07/09/2018 07/09/18 Sold $445,000 +2.3% $449 / Sq Ft View Prior Sale
06/07/2018 06/07/18 For Sale $435,000 0.0% $439 / Sq Ft
09/19/2014 09/19/14 Rented $1,550 +3.3% --
09/19/2014 09/19/14 For Rent $1,500 0.0% --
08/26/2014 08/26/14 Sold $378,000 -2.8% $382 / Sq Ft View Prior Sale
07/28/2014 07/28/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $389,000 -- $393 / 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 $6,757 $558,960 $338,640 $220,320
2024 $6,757 $548,000 $332,000 $216,000
2023 $5,977 $477,126 $303,539 $173,587
2022 $5,687 $467,772 $297,588 $170,184
2021 $5,628 $458,601 $291,753 $166,848
2019 $5,428 $445,000 $283,100 $161,900
2018 $5,033 $399,265 $248,221 $151,044
2016 $4,629 $383,763 $238,583 $145,180
2015 $4,560 $378,000 $235,000 $143,000
2014 $4,304 $353,000 $213,900 $139,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23169298

California Regional Multiple Listing Service (CRMLS)

APN: 5345-005-110