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306 North Electric Avenue

306 North Electric Avenue, Alhambra, CA 91801
Property in Alhambra
Sold Nov 09, 2020
$925,000
$510,000 by Best Capital Funding
Mortgage Due Dec 01, 2050
Local assessors in Alhambra, CA have categorized 306 North Electric Avenue as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 8,105 square feet. The linear feet between the front and back of the lot was measured at 1,590 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 6 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 5 full bathrooms. There are also 5 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 306 North Electric Avenue has a total of 4,100 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. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - A. The building has a gable style roof that was made of composition shingle. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Nov 5, 2020 for $925,000. That's $225.61 per sqft. 306 North Electric Avenue was last assessed in 2023. The total value of the property was assessed at $962,370. Specifically, the land the property is located on was valued at $754,290. While improvements on the property were assessed at a total of $208,080. 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 $11,639. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1989
  • Effective Year Built: 1989
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,105
  • Lot Size Depth Feet: 1,590
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,100
  • Building Area: 4,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,100
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALHAMBRA ROAD TRACT
  • Land Acres: 0.186
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ALHAMBRA ROAD TRACT LOT/SEC 26

Ownership

  • Current Owner : LAU JOHN CHIN
  • Current Owner 2: CHIN BENITO LAU
  • Previous Owner : CHAN MON KYI
  • Previous Owner 2: CHAN RICHARD

Neighborhood

  • School District Name: Alhambra Unified School District
  • Census Tract: 480303

Zoning

  • Zoning: ALRPD*

Geography

  • Assessors Map Reference: 37-B4
  • Parcel: 5338-010-015
  • Lot: 26
  • Municipality: EAST /N ALHAM/SAN GAB
  • Latitude: 34.0955
  • Longitude: -118.139

    Address

  • Full Address: 306 N Electric Ave
  • Address - House Number: 306
  • Street Direction: N
  • Address - Street Name: Electric
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Alhambra
  • Carrier Code: C083
  • 4-Digit Zip Code: 2011
  • Zip Code: 91801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,639
  • Tax Rate Code Area: 01-797

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,522,183
  • High Value: 1,859,010
  • Low Value: 1,185,357

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,000
  • First Open Lien Mortgage Lender: BEST CAPITAL FUNDING
  • First Open Lien Mortgage Recording Date: Nov 09, 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: $962,370
  • Assessed Land Value: $754,290
  • Assessed Improvements Value: $208,080

    Sales

  • Current Sale Contract Date: Nov 05, 2020
  • Current Sale Recording Date: Nov 09, 2020
  • Current Sale Transaction ID: 11798178992
  • Current Sale Price: $925,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1419413

    Last Sale Mortgage

  • First Mortgage Lender: BEST CAPITAL FUNDING
  • First Mortgage Transaction Date: Nov 09, 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 Alhambra



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$1,625 /mo

  • Studio
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Frequently Asked Questions

What neighborhood is 306 North Electric Avenue located in?
The 306 North Electric Avenue is a located in the neighborhood of Alhambra in Alhambra, Alhambra.
What is the average sales price for listings in 306 North Electric Avenue?
The average sales price for units in 306 North Electric Avenue is $0 currently.

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