NOT LISTED FOR SALE

1041 W 25th St San Pedro, CA 90731

Estimated Value: $831,000 - $1,007,000

4 Beds
2 Baths
1,390 Sq Ft
$666/Sq Ft Est. Value

Last Sold December 13, 2018

Last sale price $576,000 $414 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,549/month

14 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Wall Furnace

About This Home

As of December 2018

Beautiful Two on a lot in the Palisades Area of San Pedro.
Front unit has 3 bedrooms, 1 Bathroom. Back unit features 1 bedroom , 1 bath.
Both units have new paint, carpet, vanity and new toilets. Front unit has fenced front yard. Back Unit:
Back unit features beautiful claw foot tube in bath. 1 car garage.

Last Agent to Sell the Property

Patricia Williams

Circle Real Estate License #01730845 Listed on: 11/02/2018

Circle Real Estate

Co-Listed By

Cathryn Gregory

Keller Williams Realty License #01904405

Last Buyer's Agent

Lisa DiMercurio

eXp Realty of California, Inc. License #01736999

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,850

Year Built

  • Built in 1922

Lot Details

  • 5,003 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Garden
  • Front Yard

Parking

  • 1 Car Garage

Home Design

  • 1,390 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 9
  • Tax Tract Number 2975
  • Assessor Parcel Number 7463015009

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $425
  • Trash Expense $437
  • Water Sewer Expense $1,516
  • New Taxes Expense $2,418
  • Operating Expense $4,796
  • Gross Income $12,000
  • Net Operating Income $7,204

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,850

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Inclusions: washer , and dryer in garage. Back unit personal property
  • Property Attached: No
  • Water Sewer Expenses: 1516.00
  • Zoning: LARD2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7463015009
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 414.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 437.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Yard
  • Lot Size Sq Ft: 5003.00
  • Lot Size Acres: 0.1149

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 12000.00
  • Gross Scheduled Income: 12000.00
  • Insurance Expense: 425.00
  • Lot Size Area: 5003.0000 Square Feet
  • Net Operating Income: 7204.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 4796.00
  • Rent Control: Yes
  • Total Expenses: 4796.00

Tax Info

  • New Taxes Expense: 2418.00
  • Tax Census Tract: 2975.00
  • Tax Lot: 9
  • Tax Tract Number: 2975

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2018
Closed on
Dec 7, 2018
Sold by
Martinez Lillana E
Bought by
Martinez George
Seller's Agent
Patricia Williams
Circle Real Estate
Buyer's Agent
Lisa DiMercurio
eXp Realty of California, Inc.
List Price
$559,900
Sold Price
$576,000
Premium/Discount to List
$16,100
2.88%
Current Estimated Value
$925,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,956
Avg. Annual Appreciation
7.15%
Original Mortgage
$489,600
Outstanding Balance
$430,505
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$495,451

Purchase Details

Listed on
Nov 2, 2018
Closed on
Nov 19, 2018
Sold by
Gregory Marvin L and Gregory Laura R
Bought by
Martinez George
Seller's Agent
Patricia Williams
Circle Real Estate
Buyer's Agent
Lisa DiMercurio
eXp Realty of California, Inc.
List Price
$559,900
Sold Price
$576,000
Premium/Discount to List
$16,100
2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,600
Outstanding Balance
$430,505
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$495,451

Purchase Details

Closed on
Feb 19, 2008
Sold by
Iriarte Wilfrido R and Iriarte Maria Dolores
Bought by
Iriarte Wilfrido R and Iriarte Maria Dolores

Purchase Details

Closed on
Dec 6, 2007
Sold by
Gregory Marvin L and Gregory Laura R
Bought by
Gregory Marvin L and Gregory Laura R
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
Martinez George -- Fidelity National Title
Martinez George $576,000 Fidelity National Title Com
Iriarte Wilfrido R -- None Available
Gregory Marvin L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez George $489,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2018 12/13/18 Sold $576,000 +2.9% $414 / Sq Ft
11/02/2018 11/02/18 For Sale $559,900 -- $403 / 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 $7,850 $642,535 $390,429 $252,106
2024 $7,850 $629,937 $382,774 $247,163
2023 $7,700 $617,586 $375,269 $242,317
2022 $7,344 $605,477 $367,911 $237,566
2021 $7,253 $593,606 $360,698 $232,908
2020 $7,325 $587,520 $357,000 $230,520
2019 $7,038 $576,000 $350,000 $226,000
2018 $2,472 $189,409 $136,873 $52,536
2017 $2,418 $185,696 $134,190 $51,506
2016 $2,352 $182,056 $131,559 $50,497
2015 $2,320 $179,322 $129,583 $49,739
2014 $2,340 $175,810 $127,045 $48,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18262336

California Regional Multiple Listing Service (CRMLS)

APN: 7463-015-009