NOT LISTED FOR SALE

1027 S Centre St San Pedro, CA 90731

Estimated Value: $803,000 - $909,000

4 Beds
2 Baths
2,204 Sq Ft
$387/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $419,000 $190 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $5,167/month

134 Days on Market

About This Home

As of May 2015

BACK ON THE MARKET. Buyers did not perform. Awesome investment opportunity located in a great rental area of San Pedro that is near downtown redevelopment area, the desirable artist community and historic areas. One of a kind duplex with Spanish style house in the front, and a Ranch style in the back. This property feels very private once you enter the gate and is tucked away from the street. Front house has a beautiful courtyard entrance, classic arched windows and clay tile roof. Living room boast high coved ceilings, hardwood floors and a fireplace. Spacious kitchen with glass front cabinets and a quaint kitchen nook. Separate formal dining area and sun room off the kitchen. 2 bedrooms & 1 bath. Back house is quite secluded and feels like a private country garden. Large country style porch. 2 bedrooms /1 bath also with hardwood floors, coffered ceilings, French doors and loads of charm! Each house has their own private laundry area. Both houses have basement storage. FRONT HOUSE WILL BE DELIVERED VACANT. TENANT IN BACK HOUSE IS IN PROCESS OF BEING EVICTED!

Last Agent to Sell the Property

Shelby Harris

TEAM Realty License #01366337 Listed on: 11/13/2014

Last Buyer's Agent

Jason Ross

Dylan Raquel Real Estate License #01399004

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,204

Year Built

  • Built in 1905

Lot Details

  • 4,500 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Interior Spaces

  • 2,204 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 2971
  • Assessor Parcel Number 7456002029

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Marina

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,518
  • New Taxes Expense $5,362
  • Gross Income $2,350
  • Net Operating Income $26,682

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,204

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 7456002029
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Price Per Square Foot: 190.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4500.00
  • Lot Size Acres: 0.1030

Multi Family

  • Gross Income: 2350.00
  • Gross Scheduled Income: 28200.00
  • Insurance Expense: 1518.00
  • Lot Size Area: 4500.0000 Square Feet
  • Net Operating Income: 26682.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1518.00
  • Rent Control: Yes
  • Waterfront Features: Marina in Community

Tax Info

  • New Taxes Expense: 5362.00
  • Tax Lot: 27
  • Tax Tract Number: 2971
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2014
Closed on
Apr 20, 2015
Sold by
Scott Mary Elaine
Bought by
Tapia Daniel and Warren Kristen
Seller's Agent
Shelby Harris
TEAM Realty
Buyer's Agent
Jason Ross
Dylan Raquel Real Estate
List Price
$429,000
Sold Price
$419,000
Premium/Discount to List
-$10,000
-2.33%
Current Estimated Value
$853,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,368
Avg. Annual Appreciation
6.95%
Original Mortgage
$419,000
Outstanding Balance
$323,247
Interest Rate
3.64%
Mortgage Type
VA
Estimated Equity
$511,264

Purchase Details

Closed on
Jul 23, 2009
Sold by
Wells Fargo Bank Na
Bought by
Scott Mary Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,800
Interest Rate
5.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2009
Sold by
Schloe Maridette
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 1, 2004
Sold by
Wehrhan Charles and Wehrhan Ketty
Bought by
Schloe Maridette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2001
Sold by
Martinez Douglas R
Bought by
Wehrhan Charles and Thill Ketty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,025
Interest Rate
6.91%

Purchase Details

Closed on
Oct 5, 1999
Sold by
Araujo Meliton R and Araujo Maria M
Bought by
Martinez Douglas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,446
Interest Rate
7.77%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 1999
Sold by
Cervantes David
Bought by
Araujo Meliton R and Araujo Maria M

Purchase Details

Closed on
Oct 30, 1996
Sold by
Carrion Gilberto C
Bought by
Araujo Melition R and Araujo Maria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,824
Interest Rate
7.53%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 1996
Sold by
Stagnaro Silvio and Stagnaro John
Bought by
Carrion Gilberto C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,875
Interest Rate
7.2%
Source: Public Records

Range of Values:

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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
Tapia Daniel $419,000 Fidelity National Title
Scott Mary Elaine $278,500 None Available
Wells Fargo Bank Na $335,391 None Available
Schloe Maridette $420,000 First American Title Company
Wehrhan Charles $169,500 First American Title Co
Martinez Douglas R $158,500 Progressive Title Company
Araujo Meliton R -- --
Araujo Melition R $140,000 --
Carrion Gilberto C $82,500 Commonwealth Title
Stagnaro John -- Commonwealth Title
Stagnaro Silvio -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapia Daniel $67,655
Closed Tapia Daniel $50,000
Open Tapia Daniel $245,000
Open Tapia Daniel $419,000
Previous Owner Scott Mary Elaine $222,800
Previous Owner Schloe Maridette $294,000
Previous Owner Wehrhan Charles F $199,500
Previous Owner Wehrhan Charles $161,025
Previous Owner Martinez Douglas R $157,446
Previous Owner Araujo Melition R $138,824
Previous Owner Carrion Gilberto C $61,875
Closed Schloe Maridette $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $419,000 -2.3% $190 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
11/13/2014 11/13/14 For Sale $429,000 -- $195 / 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 $6,204 $503,563 $227,143 $276,420
2024 $6,204 $493,690 $222,690 $271,000
2023 $6,087 $484,011 $218,324 $265,687
2022 $5,806 $474,522 $214,044 $260,478
2021 $5,728 $465,219 $209,848 $255,371
2020 $5,783 $460,450 $207,697 $252,753
2019 $5,558 $451,423 $203,625 $247,798
2018 $5,486 $442,573 $199,633 $242,940
2016 $5,690 $425,389 $191,882 $233,507
2015 $3,763 $299,113 $214,804 $84,309
2014 -- $293,255 $210,597 $82,658
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Shelby Harris

    TEAM Realty

    Section Image
  • Jason Ross

    Buyer's Agent in 2015

    Jason Ross

    Dylan Raquel Real Estate

    (805) 551-5308

    11 Total Sales

    Jason Ross
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14241537

California Regional Multiple Listing Service (CRMLS)

APN: 7456-002-029

California Los Angeles County San Pedro 90731

1027 S Centre St, San Pedro, CA

This home is located at 1027 S Centre St, San Pedro, CA 90731 since 13 November 2014 and is currently estimated at $853,368, approximately $387 per square foot. This property was built in 1905. 1027 S Centre St is a home located in Los Angeles County with nearby schools including Fifteenth Street Elementary School, Dana Middle School, and San Pedro Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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