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1107 North Vail Avenue

1107 North Vail Avenue, Montebello, CA 90640
Property in Montebello
Sold Sep 29, 2023
$690,000
$586,500 by Ameritrust Mortgage Corporatio
Mortgage Due Oct 01, 2053
Sold Jul 12, 2011
$325,000
$115,000 by Cathay Bank
Mortgage Due Aug 01, 2026
1107 North Vail Avenue in Montebello, CA was first built in 1982 and is 42 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1107 North Vail Avenue has 1,611 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 37,196 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1107 North Vail Avenue sold most recently in Sep 20, 2023 for a total of $690,000. If you work out the math, that's approximately a cost of $428.31 per sqft. Before that, the property was also sold for $325,000 in Jun 30, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,606 in taxes each year. 1107 North Vail Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $392,355. If we break it down further, the land itself was valued at $121,810. Improvements to the property, however, were assessed at a total of $270,545. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 37,196
  • Total Building Area: 1,611
  • Building Area: 1,611
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,611
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LA TERRAZA CONDOMINIUMS
  • Land Acres: 0.854
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: *TR=37021 LOT 1 CONDOMINIUM*UNIT 4

Ownership

  • Current Owner : IRAN PAUL
  • Previous Owner : HUANG ALAN C
  • Previous Owner 2: YU CHU
  • Owner Before Previous Owner: TERRELL MARGARET
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Montebello Unified School District
  • Census Tract: 530005

Zoning

  • Zoning: MNR3*

Geography

  • Assessors Map Reference: 54-C3
  • Subdivision Tract Number: 37021
  • Parcel: 5295-016-021
  • Lot: 1
  • Municipality: EAST /MONTEBELLO
  • Latitude: 34.0309
  • Longitude: -118.12

    Address

  • Full Address: 1107 N Vail Ave
  • Address - House Number: 1107
  • Street Direction: N
  • Address - Street Name: Vail
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Montebello
  • Carrier Code: C034
  • 4-Digit Zip Code: 1800
  • Zip Code: 90640

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,606
  • Tax Rate Code Area: 06-337

    Appraisal Valuation

  • Standard Deviation: 0.0676
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 96
  • Final Value: 678,172
  • High Value: 724,038
  • Low Value: 632,307

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $586,500
  • First Open Lien Mortgage Lender: AMERITRUST MORTGAGE CORPORATIO
  • First Open Lien Mortgage Recording Date: Sep 29, 2023
  • First Open Lien Mortgage Loan Amount: $586,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $392,355
  • Assessed Land Value: $121,810
  • Assessed Improvements Value: $270,545

    Sales

  • Current Sale Contract Date: Sep 20, 2023
  • Current Sale Recording Date: Sep 29, 2023
  • Current Sale Transaction ID: 11913669745
  • Current Sale Price: $690,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 661142
  • Previous Sale Recording Date: Jul 12, 2011
  • Previous Sale Contract Date: Jun 30, 2011
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERITRUST MORTGAGE CORPORATIO
  • First Mortgage Transaction Date: Sep 29, 2023
  • First Mortgage Loan Amount: $586,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CATHAY BANK
  • Previous Mortgage Transaction Date: Jul 12, 2011
  • Previous Mortgage Loan Amount: $115,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2026

About Montebello



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Frequently Asked Questions

What neighborhood is 1107 North Vail Avenue located in?
The 1107 North Vail Avenue is a located in the neighborhood of Montebello in Montebello, Montebello.
What is the average sales price for listings in 1107 North Vail Avenue?
The average sales price for units in 1107 North Vail Avenue is $0 currently.

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