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521 North Marengo Avenue

521 North Marengo Avenue, Alhambra, CA 91801
Property in Alhambra
Sold Dec 29, 2020
$950,000
$360,000 by Hsbc Bank Usa
Mortgage Due Jan 01, 2036
Sold Feb 25, 2014
$655,000
$355,000 by Wintrust Mortgage
Mortgage Due Mar 01, 2044
521 North Marengo Avenue in Alhambra, CA was first built in 1938 and is 86 years old. Although, the building on the property was most recently renovated and altered in 1960. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 7 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. 521 North Marengo Avenue has 1,623 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. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 6,632 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. There is one available parking space. 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 B. 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, 521 North Marengo Avenue sold most recently in Dec 1, 2020 for a total of $950,000. If you work out the math, that's approximately a cost of $585.34 per sqft. Before that, the property was also sold for $655,000 in Feb 3, 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 $11,461 in taxes each year. 521 North Marengo Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $988,379. If we break it down further, the land itself was valued at $699,460. Improvements to the property, however, were assessed at a total of $288,919. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1938
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,632
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,623
  • Building Area: 1,623
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,623
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7575
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 7575 LOT/SEC 67

Ownership

  • Current Owner : LEW RICHARD
  • Current Owner 2: LEW DANETTE
  • Previous Owner : NINH ERIN K
  • Previous Owner 2: YOSHIKAWA SCOTT M
  • Owner Before Previous Owner: THAYER PROPERTIES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Alhambra Unified School District
  • Census Tract: 480804

Zoning

  • Zoning: ALR1YY

Geography

  • Assessors Map Reference: 37-A3
  • Subdivision Tract Number: 7575
  • Parcel: 5339-026-019
  • Lot: 67
  • Municipality: EAST /ALHAM NOF MISSN
  • Latitude: 34.0983
  • Longitude: -118.142

    Address

  • Full Address: 521 N Marengo Ave
  • Address - House Number: 521
  • Street Direction: N
  • Address - Street Name: Marengo
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Alhambra
  • Carrier Code: C012
  • 4-Digit Zip Code: 1955
  • Zip Code: 91801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,461
  • Tax Rate Code Area: 01-797

    Appraisal Valuation

  • Standard Deviation: 0.2221
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,219,405
  • High Value: 1,490,302
  • Low Value: 948,508

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: HSBC BANK USA
  • First Open Lien Mortgage Recording Date: Dec 29, 2020
  • First Open Lien Mortgage Loan Amount: $360,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $988,379
  • Assessed Land Value: $699,460
  • Assessed Improvements Value: $288,919

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 01, 2020
  • Current Sale Recording Date: Dec 29, 2020
  • Current Sale Transaction ID: 11809794290
  • Current Sale Price: $950,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1746859
  • Previous Sale Recording Date: Feb 25, 2014
  • Previous Sale Contract Date: Feb 03, 2014
  • Previous Sale Amount: $655,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HSBC BANK USA
  • First Mortgage Transaction Date: Dec 29, 2020
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: WINTRUST MORTGAGE
  • Previous Mortgage Transaction Date: Feb 25, 2014
  • Previous Mortgage Loan Amount: $355,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2044

About Alhambra



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Frequently Asked Questions

What neighborhood is 521 North Marengo Avenue located in?
The 521 North Marengo Avenue is a located in the neighborhood of Alhambra in Alhambra, Alhambra.
What is the average sales price for listings in 521 North Marengo Avenue?
The average sales price for units in 521 North Marengo Avenue is $0 currently.

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