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2302 Cherry Gate Way

2302 Cherry Gate Way, Hacienda Heights, CA 91745
Property in Hacienda Heights
Sold Jul 08, 2022
$1,110,000
$888,000 by Mason Mcduffie Mortgage Corpor
Mortgage Due Aug 01, 2052
Sold Jun 13, 2014
$630,000
$378,000 by Ctbc Bank Corp Usa
Mortgage Due Jul 01, 2044
2302 Cherry Gate Way in Hacienda Heights, CA was first built in 1978 and is 46 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 contemporary style. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2302 Cherry Gate Way has 1,904 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 8,836 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of wood shake/ shingles. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. There are a total of 2 available parking spaces. 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 C. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of stucco. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2302 Cherry Gate Way sold most recently in Jun 27, 2022 for a total of $1,110,000. If you work out the math, that's approximately a cost of $582.98 per sqft. Before that, the property was also sold for $630,000 in Apr 16, 2014. 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 $8,932 in taxes each year. 2302 Cherry Gate Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,110,000. If we break it down further, the land itself was valued at $714,300. Improvements to the property, however, were assessed at a total of $395,700. 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: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,836
  • Total Building Area: 1,904
  • Building Area: 1,904
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,904
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 32538
  • Land Acres: 0.203
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *TR=32538 LOT/SEC 45

Ownership

  • Current Owner : CHOU ELI MID
  • Current Owner 2: CHOU CINDY HENG
  • Previous Owner : LI WEI
  • Owner Before Previous Owner: TUNG JOSEPH HONG SZU
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Hacienda La Puente Unified School District
  • Census Tract: 408628

Zoning

  • Zoning: LCRPD60002

Geography

  • Assessors Map Reference: 98-A4
  • Subdivision Tract Number: 32538
  • Parcel: 8294-005-012
  • Lot: 45
  • Municipality: EAST /HACIENDA HTS.
  • Latitude: 33.9858
  • Longitude: -117.944

    Address

  • Full Address: 2302 Cherry Gate Way
  • Address - House Number: 2302
  • Address - Street Name: Cherry Gate
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Hacienda Heights
  • Carrier Code: C064
  • 4-Digit Zip Code: 5609
  • Zip Code: 91745

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,932
  • Tax Rate Code Area: 04-475

    Appraisal Valuation

  • Standard Deviation: 0.2152
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,123,586
  • High Value: 1,365,385
  • Low Value: 881,787

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $888,000
  • First Open Lien Mortgage Lender: MASON MCDUFFIE MORTGAGE CORPOR
  • First Open Lien Mortgage Recording Date: Jul 08, 2022
  • First Open Lien Mortgage Loan Amount: $888,000
  • 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: Aug 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,110,000
  • Assessed Land Value: $714,300
  • Assessed Improvements Value: $395,700

    Sales

  • Current Sale Contract Date: Jun 27, 2022
  • Current Sale Recording Date: Jul 08, 2022
  • Current Sale Transaction ID: 11891504310
  • Current Sale Price: $1,110,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 704423
  • Previous Sale Recording Date: Jun 13, 2014
  • Previous Sale Contract Date: Apr 16, 2014
  • Previous Sale Amount: $630,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MASON MCDUFFIE MORTGAGE CORPOR
  • First Mortgage Transaction Date: Jul 08, 2022
  • First Mortgage Loan Amount: $888,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CTBC BANK CORP USA
  • Previous Mortgage Transaction Date: Jun 13, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $378,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2044

About Hacienda Heights



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Frequently Asked Questions

What neighborhood is 2302 Cherry Gate Way located in?
The 2302 Cherry Gate Way is a located in the neighborhood of Hacienda Heights in Hacienda Heights, Hacienda Heights.
What is the average sales price for listings in 2302 Cherry Gate Way?
The average sales price for units in 2302 Cherry Gate Way is $0 currently.

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