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416 North Electric Avenue

416 North Electric Avenue, Alhambra, CA 91801
Property in Alhambra
Sold Aug 27, 2019
$520,000
$280,000 by Caren Hua Chen
Mortgage Due Aug 27, 2049
Sold Feb 04, 2008
$270,000
Seller
$300,000 by Pmc Bancorp
Mortgage Due Feb 01, 2038
416 North Electric Avenue in Alhambra, CA was first built in 1904 and is 120 years old. Although, the building on the property was most recently renovated and altered in 1944. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 416 North Electric Avenue has 2,010 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 15,997 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. 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, 416 North Electric Avenue was last sold in Aug 14, 2019 for $520,000. According to our calculations, that's $258.71 per sqft. Prior to that sales transaction, the property was sold for $270,000 in Jan 22, 2008. Current property owners are expected to pay $6,486 in taxes per year. The property on 416 North Electric Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $546,611. To break that down further, the land itself was valued at $403,126. While improvements to the property were assessed at a total of $143,485. 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. 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. 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: 1904
  • Effective Year Built: 1944
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,997
  • Total Building Area: 2,010
  • Building Area: 2,010
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,010
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY OF ALHAMBRA
  • Land Acres: 0.367
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: P M 264-88-89 LOT 3

Ownership

  • Current Owner : CHEN CHAO SHU
  • Previous Owner : CHEN CAREN HUA
  • Owner Before Previous Owner: NG SYLVIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust

Neighborhood

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

Zoning

  • Zoning: ALRPD*

Geography

  • Parcel: 5338-009-034
  • Lot: 3
  • Municipality: EAST /ALHAM NOF MISSN
  • Latitude: 34.097
  • Longitude: -118.139

    Address

  • Full Address: 416 N Electric Ave
  • Address - House Number: 416
  • Street Direction: N
  • Address - Street Name: Electric
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Alhambra
  • Carrier Code: C012
  • 4-Digit Zip Code: 2021
  • Zip Code: 91801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,486
  • Tax Rate Code Area: 01-797

    Appraisal Valuation

  • Standard Deviation: 0.2056
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 1,037,177
  • High Value: 1,250,511
  • Low Value: 823,843

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: CAREN HUA CHEN
  • First Open Lien Mortgage Recording Date: Aug 27, 2019
  • First Open Lien Mortgage Loan Amount: $280,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Aug 27, 2049
  • First Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $546,611
  • Assessed Land Value: $403,126
  • Assessed Improvements Value: $143,485

    Sales

  • Current Sale Contract Date: Aug 14, 2019
  • Current Sale Recording Date: Aug 27, 2019
  • Current Sale Transaction ID: 11637583522
  • Current Sale Price: $520,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0866709
  • Previous Sale Recording Date: Feb 04, 2008
  • Previous Sale Contract Date: Jan 22, 2008
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAREN HUA CHEN
  • First Mortgage Transaction Date: Aug 27, 2019
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

    Previous Mortgages

  • Previous Mortgage Lender: PMC BANCORP
  • Previous Mortgage Transaction Date: Feb 04, 2008
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2038

About Alhambra



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Frequently Asked Questions

What neighborhood is 416 North Electric Avenue located in?
The 416 North Electric Avenue is a located in the neighborhood of Alhambra in Alhambra, Alhambra.
What is the average sales price for listings in 416 North Electric Avenue?
The average sales price for units in 416 North Electric Avenue is $0 currently.

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