Check Availability

12498 Magnolia Street

12498 Magnolia Street, El Monte, CA 91732
Property in Mountain View
Sold Nov 12, 2020
$740,000
$510,000 by New Wave Loans Residential Llc
Mortgage Due Dec 01, 2050
Local assessors in El Monte, CA have categorized 12498 Magnolia Street as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 3,815 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 12498 Magnolia Street has a total of 2,360 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 12498 Magnolia Street was last sold in Oct 28, 2020 for $740,000. According to our calculations, that's $313.56 per sqft. Current property owners are expected to pay $10,205 in taxes per year. The property on 12498 Magnolia Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $769,895. To break that down further, the land itself was valued at $395,560. While improvements to the property were assessed at a total of $374,335. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,815
  • Total Building Area: 2,360
  • Building Area: 2,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,360
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 62805
  • Land Acres: 0.088
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: TR=62805 LOT 1

Ownership

  • Current Owner : QUINLING LOUIS
  • Current Owner 2: LI JUNWEI
  • Previous Owner : MAGNOLIA GARDEN ESTATES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: EMR1BY

Geography

  • Subdivision Tract Number: 62805
  • Parcel: 8109-005-065
  • Lot: 1
  • Municipality: EAST /SO. EL MONTE
  • Latitude: 34.0535
  • Longitude: -118.015

    Address

  • Full Address: 12498 Magnolia St
  • Address - House Number: 12498
  • Address - Street Name: Magnolia
  • Address - Suffix Type: St
  • State: CA
  • City Name: El Monte
  • Carrier Code: C040
  • 4-Digit Zip Code: 3620
  • Zip Code: 91732

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,205
  • Tax Rate Code Area: 06-549

    Appraisal Valuation

  • Standard Deviation: 0.2129
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 71
  • Final Value: 951,528
  • High Value: 1,154,129
  • Low Value: 748,926

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,000
  • First Open Lien Mortgage Lender: NEW WAVE LOANS RESIDENTIAL LLC
  • First Open Lien Mortgage Recording Date: Nov 12, 2020
  • First Open Lien Mortgage Loan Amount: $510,000
  • 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: Dec 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $769,895
  • Assessed Land Value: $395,560
  • Assessed Improvements Value: $374,335

    Sales

  • Current Sale Contract Date: Oct 28, 2020
  • Current Sale Recording Date: Nov 12, 2020
  • Current Sale Transaction ID: 11798453125
  • Current Sale Price: $740,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1435463

    Last Sale Mortgage

  • First Mortgage Lender: NEW WAVE LOANS RESIDENTIAL LLC
  • First Mortgage Transaction Date: Nov 12, 2020
  • First Mortgage Loan Amount: $510,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About Mountain View



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 3065 Sastre Ave, El Monte, CA, 91733

$1,600 /mo

  • 1 Bed
  • 1 Bath
  • 550 ft²
3065 Sastre Ave #3065 Sastre Ave # F, El Monte, CA, 91733 Listing by Manager

Frequently Asked Questions

What neighborhood is 12498 Magnolia Street located in?
The 12498 Magnolia Street is a located in the neighborhood of Mountain View in Mountain View, El Monte.
What is the average sales price for listings in 12498 Magnolia Street?
The average sales price for units in 12498 Magnolia Street is $0 currently.

Quantcast