NOT LISTED FOR SALE

940 Lilac Ln Unit 14 Montebello, CA 90640

Estimated Value: $563,000 - $624,855

2 Beds
3 Baths
1,249 Sq Ft
$278/mo HOA Fee

Last Sold February 21, 2019

Last sale price $450,000 $360 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,078/month

6 Days on Market

Highlights

  • 24-Hour Security
  • Primary Bedroom Suite
  • 0.43 Acre Lot
  • No Units Above
  • Updated Kitchen
  • Open Floorplan

About This Home

As of February 2019

Welcome to the Rio Walk Community! This is the perfect home to call yourself a homeowner or even to downsize. Why worry about having to fix any plumbing, electrical, or even HVAC system; this is a well maintained 7-year old townhome situated as an end unit, tucked in from any street noise and with beautiful mountain views from the bedrooms in the 3rd floor. The Olson Company built this unit in 2011 to LEED Certification Standards. The townhome offers a modern open floor plan concept with high ceilings, granite countertops and backsplash, recessed lighting, dark water resistant laminate wood plank flooring, carpet in both staircases and 3rd floor, energy star appliances, water saving plumbing fixtures, dual glazed vinyl windows and sliding door with low-e glass, custom light filtering blinds, crown molding, fire sprinklers, and a wireless alarm and climate control systems that are both accessible and managed via your smart phone. Enjoy the master suite with full bath and walk-in closet, a second master bedroom with full bath, and the ease of having the laundry area near the bedrooms. This property is located in an ideal location; only 8 miles from Downtown L.A., 6 minute drive to the Metrolink Station, recreational trails (including horse trails), the L.A. River, and the Rio Hondo Reservoir.

Last Agent to Sell the Property

Jose Vazquez

Keller Williams SELA License #01756016 Listed on: 01/23/2019

Keller Williams SELA

Last Buyer's Agent

Jin Hong

Premier Realty License #01493237

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,855

Year Built

  • Built in 2011

Lot Details

  • No Units Above
  • End Unit
  • No Units Located Below
  • Two or More Common Walls
  • Block Wall Fence
  • Stucco Fence
  • Drip System Landscaping
  • Level Lot
  • Irregular Lot
  • Garden

HOA Fees

  • $278 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side Facing Garage
  • Tandem Garage
  • Single Garage Door
  • Driveway Level
  • Guest Parking

Home Design

  • Spanish Architecture
  • Turnkey
  • Fire Rated Drywall
  • Frame Construction
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,249 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Dual Staircase
  • Wired For Data
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Blinds
  • ENERGY STAR Qualified Doors
  • Insulated Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room Balcony
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Bathtub
  • Exhaust Fan In Bathroom
  • Humidity Controlled
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Stacked Washer and Dryer

Home Security

  • Home Security System
  • Pest Guard System

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors swing in
  • Doors are 32 inches wide or more
  • Accessible Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • ENERGY STAR Qualified Equipment
  • Energy-Efficient Thermostat

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Schools

  • Rio Vista Elementary School
  • Rivera Middle School
  • El Rancho High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 66538
  • Assessor Parcel Number 6352026120

Community Details

Overview

  • Master Insurance
  • 60 Units
  • Balboa Mgmt Group Association, Phone Number (424) 777-5193
  • Built by The Olson Company
  • Maintained Community

Amenities

  • Picnic Area
  • Service Entrance

Recreation

  • Horse Trails

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,855

Year Built

Built in 2011

Lot Details

0

HOA Fees

$278 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Rated Drywall, Fire Sprinkler System, Firewall(s), Security System
  • View: Yes
  • Zoning: MNC2*
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6352026120
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1249.00 Square Feet
  • Interior Amenities: 2 Staircases, Crown Molding, Granite Counters, High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting, Wired for Data
  • Stories: 3
  • Entry Location: North
  • Common Walls: 2+ Common Walls, End Unit, No One Above, No One Below
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: 32 Inch Or More Wide Doors, 36 Inch Or More Wide Halls, Doors - Swing In, Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 2
  • Door Features: ENERGY STAR Qualified Doors, Insulated Doors, Service Entrance
  • Eating Area: Area
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 360.29
  • Room Type: All Bedrooms Up, Entry, Family Room, Foyer, Kitchen, Master Bathroom, Master Bedroom, Master Suite, Two Masters, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows, ENERGY STAR Qualified Windows
  • Bathroom Features: Bathtub, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Humidity Controlled
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block, Stucco Wall
  • Builder Name: The Olson Company
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage Faces Side, Garage - Single Door, Guest, Private, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Oven, Gas Range, High Efficiency Water Heater, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, Upper Level, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Pest Control, Insurance, Maintenance Grounds, Trash, Sewer, Water, Pets Permitted
  • Association Fee: 278.00
  • Association Fee Frequency: Monthly
  • Association Name: Balboa Mgmt Group
  • Phone: 424-777-5193
  • Senior Community: No
  • Community Features: Curbs, Gutters, Horse Trails, Sidewalks, Storm Drains, Street Lights, Urban

Schools

  • School District: Montebello Unified
  • Elementary School: Rio Vista
  • Middle School: Rivera
  • High School: El Rancho
  • Elementary School: Rio Vista
  • High School: El Rancho
  • Middle Or Junior School: Rivera
  • Elementary School #2: RIOVIS
  • High School2: ELRAN

Green Features

  • Green Water Conservation: Flow Control
  • Efficiency: Appliances, HVAC, Lighting, Thermostat, Water Heater, Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Landscaped, Level with Street, Lot 10000-19999 Sqft, Irregular Lot, Near Public Transit, Park Nearby, Paved, Percolate, Sprinklers Drip System
  • Lot Size Sq Ft: 18774.00
  • Lot Size Acres: 0.4310

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18774.0000 Square Feet
  • Number Of Units In Community: 60
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5321.02
  • Tax Lot: 2
  • Tax Tract Number: 66538

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2019
Closed on
Feb 7, 2019
Sold by
Karapetyan Sevak and Kumjian Karetina
Bought by
Choi Jin Kyung
Seller's Agent
Jose Vazquez
Keller Williams SELA
Buyer's Agent
Jin Hong
Premier Realty
List Price
$440,000
Sold Price
$450,000
Premium/Discount to List
$10,000
2.27%
Current Estimated Value
$593,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,714
Avg. Annual Appreciation
4.78%
Original Mortgage
$400,000
Outstanding Balance
$352,379
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$258,254

Purchase Details

Closed on
Mar 22, 2013
Sold by
Karapetyan Sevak and Kumjian Katerina
Bought by
Karapetyan Sevak and Kumjian Katerina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,450
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2011
Sold by
Olson Montebello 1 Llc
Bought by
Karapetyan Sevak and Kumjian Katerina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,254
Interest Rate
4.37%
Mortgage Type
FHA
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
Choi Jin Kyung $450,000 Pacific Coast Title
Karapetyan Sevak -- Fidelity National Title
Karapetyan Sevak $294,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Jin Kyung $400,000
Previous Owner Karapetyan Sevak $273,750
Previous Owner Karapetyan Sevak $284,450
Previous Owner Karapetyan Sevak $286,254
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2019 02/21/19 Sold $450,000 +2.3% $360 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $440,000 -- $352 / 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 $6,855 $501,979 $231,803 $270,176
2024 $6,855 $492,137 $227,258 $264,879
2023 $6,848 $482,488 $222,802 $259,686
2022 $6,614 $473,029 $218,434 $254,595
2021 $6,384 $463,754 $214,151 $249,603
2019 $1,655 $330,696 $135,115 $195,581
2018 $4,741 $324,213 $132,466 $191,747
2016 $4,582 $311,625 $127,323 $184,302
2015 $4,329 $306,945 $125,411 $181,534
2014 $4,273 $300,933 $122,955 $177,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19012159

California Regional Multiple Listing Service (CRMLS)

APN: 6352-026-120