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440 North Garfield Avenue

440 North Garfield Avenue, Montebello, CA 90640
Property in Montebello
Sold Dec 08, 2021
$1,257,000
$942,750 by Finance Of America Mortgage Ll
Mortgage Due Jan 01, 2052
Sold Oct 21, 2005
$738,000
$516,600 by American Brokers Conduit
Mortgage Due Nov 01, 2035
440 North Garfield Avenue has been categorized by the local assessors in Montebello, CA as a residential type of property. The building on the property was first built in 1959 and is 65 years old. The home has a total of 7 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 440 North Garfield Avenue has 3,765 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,927 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a quadplex 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. 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, 440 North Garfield Avenue sold most recently in Nov 2, 2021 for a total of $1,257,000. If you work out the math, that's approximately a cost of $333.86 per sqft. Before that, the property was also sold for $738,000 in Sep 20, 2005. 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 $17,897 in taxes each year. 440 North Garfield Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,282,140. If we break it down further, the land itself was valued at $714,000. Improvements to the property, however, were assessed at a total of $568,140. 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: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 7
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,927
  • Total Building Area: 3,765
  • Gross Building Area: 3,765
  • Building Area: 3,765
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,765
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 24563
  • Land Acres: 0.113
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: TRACT # 24563 LOT/SEC 7

Ownership

  • Current Owner : PRIIMA LEV
  • Previous Owner : ALVAREZ REYNA M
  • Previous Owner 2: ALVIDREZ LUPITA I
  • Owner Before Previous Owner: CHENG HON MOU
  • Owner Before Previous Owner 2: CHENG YORK SU
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Montebello Unified School District
  • Census Tract: 530204

Zoning

  • Zoning: MNR3YY

Geography

  • Assessors Map Reference: 46-B6
  • Subdivision Tract Number: 24563
  • Parcel: 6343-020-028
  • Lot: 7
  • Municipality: EAST /MONTEBELLO
  • Latitude: 34.019
  • Longitude: -118.131

    Address

  • Full Address: 440 N Garfield Ave
  • Address - House Number: 440
  • Street Direction: N
  • Address - Street Name: Garfield
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Montebello
  • Carrier Code: C011
  • 4-Digit Zip Code: 2940
  • Zip Code: 90640

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,897
  • Tax Rate Code Area: 06-330

    Appraisal Valuation

  • Standard Deviation: 0.2255
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,191,105
  • High Value: 1,459,719
  • Low Value: 922,491

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $942,750
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Dec 08, 2021
  • First Open Lien Mortgage Loan Amount: $942,750
  • 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: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,282,140
  • Assessed Land Value: $714,000
  • Assessed Improvements Value: $568,140

    Sales

  • Current Sale Contract Date: Nov 02, 2021
  • Current Sale Recording Date: Dec 08, 2021
  • Current Sale Transaction ID: 11872352700
  • Current Sale Price: $1,257,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1822100
  • Previous Sale Recording Date: Oct 21, 2005
  • Previous Sale Contract Date: Sep 20, 2005
  • Previous Sale Amount: $738,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Dec 08, 2021
  • First Mortgage Loan Amount: $942,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN BROKERS CONDUIT
  • Previous Mortgage Transaction Date: Oct 21, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $516,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2035

About Montebello



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Nearby Rentals

Unit for rent at 819 S. Greenwood Ave, Montebello, CA, 90640

$1,750 /mo

  • 1 Bed
  • 1 Bath
  • 430 ft²
819 S. Greenwood Ave #819 S. Greenwood Ave #N, Montebello, CA, 90640 Listing by Manager

Frequently Asked Questions

What neighborhood is 440 North Garfield Avenue located in?
The 440 North Garfield Avenue is a located in the neighborhood of Montebello in Montebello, Montebello.
What is the average sales price for listings in 440 North Garfield Avenue?
The average sales price for units in 440 North Garfield Avenue is $0 currently.

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