NOT LISTED FOR SALE

Estimated Value: $1,261,000 - $1,739,205

3 Beds
3 Baths
2,427 Sq Ft
$630/Sq Ft Est. Value

Last Sold January 29, 2015

Last sale price $772,000 $318 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $9,273/month

138 Days on Market

Highlights

  • Traditional Architecture
  • Wood Frame Window
  • Living Room
  • No HOA
  • Tile Countertops
  • 4-minute walk to Harold A Henry Park

About This Home

As of January 2015

1922 Duplex on a beautiful tree lined street walking distance to Larchmont Village. Fully upgraded unit with washer dryer in unit, brand new HVAC, security system, detached garage, natural light, ceiling fans, hardwood flooring, pet friendly, large chef's kitchen, clean modern bathroom with skylight, walk in closets, walk in pantry, park on the same block, landscaping included, large spacious unit that doesnt come up for rent often!

Last Agent to Sell the Property

Calvary Dinh

Universal Realty II License #01266840 Listed on: 06/12/2014

Last Buyer's Agent

Jen Stein

Keller Williams Realty Santa Barbara License #01786020

Keller Williams Realty Santa Barbara

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,235

Year Built

  • Built in 1922

Lot Details

  • 6,601 Sq Ft Lot
  • 1 Common Wall
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached
  • Additions or Alterations
  • Raised Foundation
  • Rolled or Hot Mop Roof

Interior Spaces

  • 2,427 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Wood Frame Window
  • Living Room
  • Laminate Flooring
  • Window Bars

Kitchen

  • Convection Oven
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Converted Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Shed
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance
  • Tax Lot 42
  • Tax Tract Number 3924
  • Assessor Parcel Number 5090022011

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $2,400
  • Maintenance Expense $3,000
  • Trash Expense $300
  • Water Sewer Expense $1,260
  • New Taxes Expense $2,413
  • Net Operating Income $27,962

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,235

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 714-803-9884
  • Other Phone Number: 714-539-9559
  • Property Attached: Yes
  • Security: Window Bars
  • View: No
  • Water Sewer Expenses: 1260.00
  • Zoning: LAR2
  • Architectural Style: Traditional
  • Property Condition: Additions/Alterations
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5090022011
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Fireplace Features: Decorative
  • Levels: One
  • Price Per Square Foot: 318.09
  • Room Type: Converted Bedroom, Living Room
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Raised
  • Other Structures: Shed(s)
  • Fencing: Average Condition, Fair Condition
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven
  • Heating Type: Floor Furnace
  • Laundry Features: Outside
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6601.00
  • Lot Size Acres: 0.1520

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance

Multi Family

  • Gross Scheduled Income: 38100.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 6601.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 27962.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 10138.00
  • Rent Control: No
  • Vacancy Allowance Rate: 8.00

Tax Info

  • New Taxes Expense: 2413.00
  • Tax Lot: 42
  • Tax Tract Number: 3924
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2014
Closed on
Jan 20, 2015
Sold by
Vuong Hien
Bought by
Moller Joseph E
Seller's Agent
Calvary Dinh
Universal Realty II
Buyer's Agent
Jen Stein
Keller Williams Realty Santa Barbara
List Price
$860,000
Sold Price
$772,000
Premium/Discount to List
-$88,000
-10.23%
Current Estimated Value
$1,530,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$758,051
Avg. Annual Appreciation
6.31%
Original Mortgage
$569,500
Interest Rate
8.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 10, 2008
Sold by
Tran Dat Dinh and Tran Hien Vuong
Bought by
Vuong Hien
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moller Joseph E $772,000 First American Title
Vuong Hien -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moller Joseph E $1,053,000
Closed Moller Joseph E $1,012,500
Closed Molle $350,000
Closed Moller Joseph E $585,000
Closed Moller Joseph E $569,500
Previous Owner Tran Dat Dinh $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $3,500 -- --
10/04/2024 10/04/24 Price Changed $3,500 -6.7% $3 / Sq Ft
10/04/2024 10/04/24 For Rent $3,750 0.0% --
01/29/2015 01/29/15 Sold $772,000 -10.2% $318 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $860,000 -- $354 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,235 $927,820 $721,106 $206,714
2024 $11,235 $909,628 $706,967 $202,661
2023 $11,023 $891,793 $693,105 $198,688
2022 $10,517 $874,308 $679,515 $194,793
2021 $10,378 $857,166 $666,192 $190,974
2019 $10,069 $831,744 $646,434 $185,310
2018 $9,963 $815,436 $633,759 $181,677
2016 $9,516 $783,773 $609,150 $174,623
2015 $2,396 $179,338 $69,526 $109,812
2014 $2,419 $175,826 $68,165 $107,661
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14123202

California Regional Multiple Listing Service (CRMLS)

APN: 5090-022-011