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5718 Cloverly Avenue

5718 Cloverly Avenue, Temple City, CA 91780
Property in Temple City
Sold Jan 27, 2016
$1,409,000
$713,500 by Ecom Mortgage, Inc.
Mortgage Due May 01, 2051
Sold May 24, 2005
$480,000
5718 Cloverly Avenue has been categorized by the local assessors in Temple City, CA as a residential type of property. The building on the property was first built in 2007 and is 17 years old. The home has a total of 6 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. In addition, 5718 Cloverly Avenue has 3,546 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,850 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 9,231 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. 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 C by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. The property was last sold in Dec 21, 2015 for $1,409,000. That's $397.35 per sqft. Prior to that sales transaction, the property was also sold in Apr 28, 2005 for $480,000. 5718 Cloverly Avenue was last assessed in 2023. The total value of the property was assessed at $1,602,970. Specifically, the land the property is located on was valued at $995,599. While improvements on the property were assessed at a total of $607,371. 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 $17,479. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,231
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,546
  • Building Area: 3,546
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,546
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6561
  • Land Acres: 0.212
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 6561 S 5O FT OF LOT/SEC 700

Ownership

  • Current Owner : TANG FAN
  • Current Owner 2: YU ELIZABETH
  • Previous Owner : LIN YING HSIU
  • Owner Before Previous Owner: LONG RICHARD D
  • Owner Before Previous Owner 2: LONG MARGARITA O
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Temple City Unified School District
  • Census Tract: 432002

Zoning

  • Zoning: TCR1*

Geography

  • Assessors Map Reference: 38-B3
  • Subdivision Tract Number: 6561
  • Parcel: 8587-011-024
  • Lot: 700
  • Municipality: EAST /TEMPLE CITY
  • Latitude: 34.1032
  • Longitude: -118.063

    Address

  • Full Address: 5718 Cloverly Ave
  • Address - House Number: 5718
  • Address - Street Name: Cloverly
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Temple City
  • Carrier Code: C007
  • 4-Digit Zip Code: 2551
  • Zip Code: 91780

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,479
  • Tax Rate Code Area: 09-285

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 68
  • Final Value: 2,245,424
  • High Value: 2,752,952
  • Low Value: 1,737,896

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $713,500
  • First Open Lien Mortgage Lender: ECOM MORTGAGE, INC.
  • First Open Lien Mortgage Recording Date: Apr 20, 2021
  • First Open Lien Mortgage Loan Amount: $713,500
  • 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: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,602,970
  • Assessed Land Value: $995,599
  • Assessed Improvements Value: $607,371

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 21, 2015
  • Current Sale Recording Date: Jan 27, 2016
  • Current Sale Transaction ID: 1415328753
  • Current Sale Price: $1,409,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-0094871
  • Previous Sale Recording Date: May 24, 2005
  • Previous Sale Contract Date: Apr 28, 2005
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MEGA CAPITAL FUNDING INC
  • First Mortgage Transaction Date: Jan 27, 2016
  • First Mortgage Loan Amount: $845,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Feb 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 5718 Cloverly Avenue located in?
The 5718 Cloverly Avenue is a located in the neighborhood of Temple City in Temple City, Temple City.
What is the average sales price for listings in 5718 Cloverly Avenue?
The average sales price for units in 5718 Cloverly Avenue is $0 currently.

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