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12437 Magnolia Street

12437 Magnolia Street, El Monte, CA 91732
Multifamily in Mountain View
Sold Dec 06, 2018
$800,000
$400,000 by East West Bank
Mortgage Due Jan 01, 2049
12437 Magnolia Street has been categorized by the local assessors in El Monte, CA as a residential type of property. The building on the property was first built in 1938 and is 86 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 12437 Magnolia Street has 1,660 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 3,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 15,822 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. In terms of heating, it is utilizing floor/wall heating system. The property was last sold in Oct 3, 2018 for $800,000. That's $481.93 per sqft. 12437 Magnolia Street was last assessed in 2023. The total value of the property was assessed at $857,758. Specifically, the land the property is located on was valued at $669,052. While improvements on the property were assessed at a total of $188,706. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $11,618. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,822
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,660
  • Building Area: 1,660
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,660
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: POTRERO DE FELIPE LUGO RO
  • Land Acres: 0.363
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: *LAND DESC IN DOC 0004378, 76-2-20 *TR=SUB OF THE RO POTRERO DE FELIPE LUGO*POR OF LOT/SEC 2 BLK/DIV/TWN S

Ownership

  • Current Owner : YU XIAO TING
  • Previous Owner : ORONA ROBERT
  • Previous Owner 2: ORONA LUCILLE
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: El Monte Union High School District
  • Census Tract: 434001

Zoning

  • Zoning: EMR1B*

Geography

  • Assessors Map Reference: 48-A3
  • Parcel: 8109-008-015
  • Block: S
  • Lot: 2
  • Municipality: EAST /SO. EL MONTE
  • Latitude: 34.0541
  • Longitude: -118.015

    Address

  • Full Address: 12437 Magnolia St
  • Address - House Number: 12437
  • Address - Street Name: Magnolia
  • Address - Suffix Type: St
  • State: CA
  • City Name: El Monte
  • Carrier Code: C040
  • 4-Digit Zip Code: 3660
  • Zip Code: 91732

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,618
  • Tax Rate Code Area: 06-549

    Appraisal Valuation

  • Standard Deviation: 0.2224
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,088,886
  • High Value: 1,331,144
  • Low Value: 846,629

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Dec 06, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $857,758
  • Assessed Land Value: $669,052
  • Assessed Improvements Value: $188,706

    Sales

  • Current Sale Contract Date: Oct 03, 2018
  • Current Sale Recording Date: Dec 06, 2018
  • Current Sale Transaction ID: 11541183863
  • Current Sale Price: $800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-1231277

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Dec 06, 2018
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jan 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Mountain View



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Frequently Asked Questions

What neighborhood is 12437 Magnolia Street located in?
The 12437 Magnolia Street is a multifamily located in the neighborhood of Mountain View in Mountain View, El Monte.
What is the average sales price for listings in 12437 Magnolia Street?
The average sales price for units in 12437 Magnolia Street is $780,000 currently.

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