NOT LISTED FOR SALE

Estimated Value: $1,066,124 - $1,288,000

2 Beds
5 Baths
2,738 Sq Ft
$432/Sq Ft Est. Value

Last Sold August 05, 2015

Last sale price $609,000 $222 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $7,485/month

61 Days on Market

Highlights

  • 0.16 Acre Lot
  • Balcony
  • Wall Furnace
  • Neighborhood Views

About This Home

As of August 2015

Excellent opportunity for an investor or an owner-occupant. The large front house consist of a studio and a spacious 2 bedroom unit that has been remodeled and is perfect for an owner's unit. It features a brand new kitchen with new tile floors, stunning white cabinets with granite countertops, stainless steel appliances and all new sink and faucet. The bathrooms have been stylishly remodeled and have all new tile, vanities and fixtures. The interior has been freshly painted and has all new carpet throughout. The downstairs features an expansive living room with convenient built-in cabinets, a new heater and a front room that is perfect for a home office. Upstairs has two bedrooms, including a master with a balcony, a full bathroom and a bonus room that leads to a rear balcony. Parking will never be an issue for you or your tenants here because the property has 5 garage spaces, each with their own garage door! In addition, there is also a rear driveway for additional parking. Above the garages are 2 spacious studios. Between the front house and garages is an additional unit with plumbing which would make a perfect laundry room or an owner's storage unit. Don't miss out on this excellent opportunity!

Last Agent to Sell the Property

Jack Stephan

Jack Stephan, Broker License #01916736 Listed on: 04/23/2015

Last Buyer's Agent

Diana Hernandez

Century 21 Allstars License #01814655

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 6,863 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall

Parking

  • 5 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,738 Sq Ft Home
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 5 / 9
  • Assessor Parcel Number 7272007009

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Parking

5

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 7272007009
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 222.43

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 6863.00
  • Price Per Lot Square Foot: 88.74
  • Lot Size Acres: 0.1580

Multi Family

  • Lot Size Area: 6863.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Block: 9
  • Tax Lot: 5
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jul 8, 2015
Sold by
Pro Value Properties Inc
Bought by
Hisashima Michael
Seller's Agent
Jack Stephan
Jack Stephan, Broker
Buyer's Agent
Diana Hernandez
Century 21 Allstars
List Price
$629,000
Sold Price
$609,000
Premium/Discount to List
-$20,000
-3.18%
Current Estimated Value
$1,183,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$574,531
Avg. Annual Appreciation
6.55%
Original Mortgage
$456,750
Outstanding Balance
$357,634
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$825,897

Purchase Details

Closed on
Dec 8, 2014
Sold by
Saavedra Carlos
Bought by
Pro Value Properties Inc

Purchase Details

Closed on
Jan 31, 2005
Sold by
Rizzuto Joanne and Beach Family Trust
Bought by
Saavedra Carlos R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2004
Sold by
Taos Historic Museum Inc
Bought by
Rizzuto Joanne and The Beach Family Trust

Purchase Details

Closed on
May 14, 1996
Sold by
Beach Robert A and Beach Vivien F
Bought by
Beach Robert A and Beach Vivien F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hisashima Michael $609,000 Fidelity Sherman Oaks
Pro Value Properties Inc -- None Available
Saavedra Carlos R $508,000 Fidelity National Title Co
Rizzuto Joanne $45,500 United Title Company-La
Beach Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hisashima Michael $456,750
Previous Owner Saavedra Carlos R $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2015 08/05/15 Sold $609,000 -3.2% $222 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $629,000 -- $230 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,997 $1,231,001 $795,906 $435,095
2024 $15,997 $1,206,864 $780,300 $426,564
2023 $15,725 $1,183,200 $765,000 $418,200
2022 $9,151 $679,347 $478,555 $200,792
2021 $8,953 $666,027 $469,172 $196,855
2019 $8,826 $647,064 $455,257 $191,807
2018 $8,498 $634,393 $446,331 $188,062
2016 $7,828 $609,000 $429,000 $180,000
2015 $5,500 $420,000 $290,000 $130,000
2014 $7,357 $577,634 $404,800 $172,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN15086321

California Regional Multiple Listing Service (CRMLS)

APN: 7272-007-009