NOT LISTED FOR SALE

Estimated Value: $812,593 - $1,041,000

6 Beds
3 Baths
2,596 Sq Ft
$359/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $430,000 $166 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $5,659/month

5 Days on Market

About This Home

As of September 2014

3 units rental property. Well maintained and rented to very good tenants. Very nice environment and great neighborhood. Won't last. Multiple offers received.

Last Agent to Sell the Property

Kenneth Ogbogu

BRITEWAY INVESTMENTS License #01704030 Listed on: 07/15/2014

Last Buyer's Agent

Mereeka Silva

Century 21 Union Realty License #01384496

Century 21 Union Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,091

Year Built

  • Built in 1954

Lot Details

  • 6,008 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,596 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 20
  • Tax Tract Number 19032
  • Assessor Parcel Number 4030022020

Community Details

Overview

  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $972
  • Trash Expense $400
  • Water Sewer Expense $2,000
  • New Taxes Expense $1,000
  • Gross Income $4,000
  • Net Operating Income $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,091

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 2000.00
  • Property Type: Residential Income
  • Parcel Number: 4030022020
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 165.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 400.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6008.00
  • Lot Size Acres: 0.1380

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 972.00
  • Lot Size Area: 6008.0000 Square Feet
  • Net Operating Income: 2000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 2700.00
  • Rent Control: Yes
  • Total Actual Rent: 2750.00

Tax Info

  • New Taxes Expense: 1000.00
  • Tax Lot: 20
  • Tax Tract Number: 19032
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2021
Sold by
Vora Deepali K
Bought by
Vora Ketan Maganlal
Current Estimated Value
$931,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$507,010
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$423,885

Purchase Details

Closed on
Apr 7, 2021
Sold by
Shah Kevin and Vora Ketan Maganlal
Bought by
Shah Kevin Pradip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$507,010
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$423,885

Purchase Details

Closed on
Apr 27, 2016
Sold by
Shah Kevin
Bought by
Shah Kevin and Vora Ketan Maganial

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2014
Closed on
Sep 18, 2014
Sold by
Vora Deepali K
Bought by
Vora Ketan
Seller's Agent
Kenneth Ogbogu
BRITEWAY INVESTMENTS
Buyer's Agent
Mereeka Silva
Century 21 Union Realty
List Price
$399,900
Sold Price
$430,000
Premium/Discount to List
$30,100
7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$322,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2014
Closed on
Sep 8, 2014
Sold by
Ogbogu Susan Chioma
Bought by
Vora Ketan and Shah Kevin P
Seller's Agent
Kenneth Ogbogu
BRITEWAY INVESTMENTS
Buyer's Agent
Mereeka Silva
Century 21 Union Realty
List Price
$399,900
Sold Price
$430,000
Premium/Discount to List
$30,100
7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2013
Closed on
Jan 18, 2013
Sold by
Ogbogu Ignatius
Bought by
Ogbogu Susan Chioma
Seller's Agent
Fariborz Amirbehboody
Amir Capital & Investment
Buyer's Agent
Kenneth Ogbogu
BRITEWAY INVESTMENTS
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.41%
Original Mortgage
$294,566
Interest Rate
3.22%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 28, 2013
Closed on
Jan 7, 2013
Sold by
Anugom Felix A
Bought by
Ogbogu Susan Chioma
Seller's Agent
Fariborz Amirbehboody
Amir Capital & Investment
Buyer's Agent
Kenneth Ogbogu
BRITEWAY INVESTMENTS
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
3.22%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 2005
Sold by
Anugom Felix A and Mephors Magnus Ike
Bought by
Anugom Felix A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
7.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 1995
Sold by
Anugom Denise A and Mephors Audrey D
Bought by
Anugom Felix A
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
Vora Ketan Maganlal -- First American Title
Shah Kevin Pradip -- First American Title
Shah Kevin -- First American Title
Shah Kevin -- First American Title Company
Vora Ketan -- Orange Coast Title Co
Vora Ketan $430,000 Orange Coast Title
Ogbogu Susan Chioma -- Chicago Title Inland Empire
Ogbogu Susan Chioma $300,000 Chicago Title Inland Empire
Anugom Felix A -- Security Union Title Company
Anugom Felix A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Kevin $560,000
Closed Shah Kevin $315,000
Closed Vora Ketan $322,500
Previous Owner Ogbogu Susan Chioma $294,566
Previous Owner Anugom Felix A $408,750
Previous Owner Anugom Felix A $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $430,000 +7.5% $166 / Sq Ft
07/20/2014 07/20/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $399,900 +33.3% $154 / Sq Ft
02/28/2013 02/28/13 Sold $300,000 0.0% $116 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $300,000 -- $116 / 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 $7,091 $516,787 $360,551 $156,236
2024 $7,091 $506,655 $353,482 $153,173
2023 $7,019 $496,721 $346,551 $150,170
2022 $7,142 $486,982 $339,756 $147,226
2021 $7,075 $477,435 $333,095 $144,340
2020 $6,771 $472,540 $329,680 $142,860
2019 $6,662 $463,275 $323,216 $140,059
2018 $6,577 $454,192 $316,879 $137,313
2016 $6,222 $436,557 $304,575 $131,982
2015 $6,165 $430,000 $300,000 $130,000
2014 $4,582 $301,361 $241,089 $60,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14149637

California Regional Multiple Listing Service (CRMLS)

APN: 4030-022-020