NOT LISTED FOR SALE

Estimated Value: $465,283 - $870,000

3 Beds
2 Baths
1,340 Sq Ft
$446/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $317,000 $237 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,482/month

36 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Laundry Room
  • No Heating

About This Home

As of February 2020

Duplex 2 Units Great Location 2 houses in one Lot, Plenty of Parking space, close to Shopping Centers Schools, public transportation and much more.
Large lot size, Great source of Income.back house needs tlc. First Unit is 2 Bedrooms 1 Bathroom second Unit is 1 bedroom 1 bathroom.
2 gas meters 2 electricity Meters

Last Agent to Sell the Property

ROSA RODARTE

Elevate Real Estate Agency License #01422181 Listed on: 12/27/2019

Elevate Real Estate Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.42 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 1,340 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 2 / 4
  • Assessor Parcel Number 150062005

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,000
  • Fuel Expense $600
  • Insurance Expense $600
  • Trash Expense $200
  • Water Sewer Expense $1,000
  • New Taxes Expense $1,200
  • Operating Expense $3,400
  • Gross Income $2,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1000.00
  • Zoning: R1RL
  • Property Type: Residential Income
  • Parcel Number: 150062005
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 236.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 18295.00
  • Lot Size Acres: 0.4200

Multi Family

  • Electric Expense: 1000.00
  • Fuel Expense: 600.00
  • Gross Income: 2500.00
  • Insurance Expense: 600.00
  • Lot Size Area: 18295.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 2000.00
  • Total Expenses: 3400.00

Tax Info

  • New Taxes Expense: 1200.00
  • Tax Block: 4
  • Tax Census Tract: 411.02
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2019
Closed on
Feb 7, 2020
Sold by
Cervantes Fernando Garcia
Bought by
Cheng Helen Xiaohui
Seller's Agent
ROSA RODARTE
Elevate Real Estate Agency
List Price
$349,000
Sold Price
$317,000
Premium/Discount to List
-$32,000
-9.17%
Current Estimated Value
$598,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,071
Avg. Annual Appreciation
11.46%

Purchase Details

Closed on
Dec 22, 2015
Sold by
Garcia Alicia Cervantes and Cervantes Fernando Garcia
Bought by
Cervantes Fernando Garcia

Purchase Details

Closed on
Mar 26, 2008
Sold by
Garcia Alicia Cervantes
Bought by
Garcia Alicia Cervantes and Cervantes Fernando Garcia

Purchase Details

Closed on
Jan 24, 2008
Sold by
Santillanes Maximiliano
Bought by
Garcia Alicia Cervantes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 2, 2007
Sold by
Santillanes Maximiliano
Bought by
Santillanes Maximiliano and Garcia Alicia Cervantes

Purchase Details

Closed on
Jan 30, 2007
Sold by
Santillanes Maximiliano
Bought by
Santillanes Maximiliano and Garcia Alicia Cervantes

Purchase Details

Closed on
Sep 25, 2002
Sold by
Santillanes Maximiliano
Bought by
Santillanes Maximiliano and Garcia Alicia Cervantes

Purchase Details

Closed on
Mar 26, 2002
Sold by
Santillanes Maximiliano and Cervantes Alicia
Bought by
Santillanes Maximiliano

Purchase Details

Closed on
Nov 20, 2001
Sold by
Santillanez Maximiliano
Bought by
Garcia Alicia Cervantes

Purchase Details

Closed on
Dec 27, 2000
Sold by
Santillanes Maximiliano
Bought by
Santillanes Maximiliano and Cervantes Alicia

Purchase Details

Closed on
Mar 21, 2000
Sold by
Sec Hud
Bought by
Santillanes Maximiliano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,400
Interest Rate
8.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 1999
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Jan 7, 1999
Sold by
Elam Clyde D and Elam Carrie
Bought by
Homeside Lending Inc and Bancboston Mtg Corp

Purchase Details

Closed on
Dec 4, 1995
Sold by
Shumpert Judith Marie and Shumpert Jimmy Haskell
Bought by
Elam Clyde Dewayne and Elam Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,642
Interest Rate
7.48%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 1995
Sold by
Owens Michial Wayne
Bought by
Owens Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,642
Interest Rate
7.48%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 1995
Sold by
Owens Jacqueline
Bought by
Elam Clyde Dewayne and Shumpert Judith Marie

Purchase Details

Closed on
Jun 9, 1994
Sold by
Elam Clyde
Bought by
Shumpert Judith and Owens Jacqueline
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
Cheng Helen Xiaohui $317,000 Lawyers Title
Cervantes Fernando Garcia -- None Available
Garcia Alicia Cervantes -- None Available
Garcia Alicia Cervantes -- Stewart Title Riverside
Santillanes Maximiliano -- Accommodation
Santillanes Maximiliano -- None Available
Santillanes Maximiliano -- Orange Coast Title Company
Santillanes Maximiliano -- Landsafe Title Company
Garcia Alicia Cervantes -- --
Santillanes Maximiliano -- --
Santillanes Maximiliano $63,000 First American Title Co
Hud $80,674 --
Homeside Lending Inc $80,674 Fidelity National Title Ins
Elam Clyde Dewayne -- Continental Lawyers Title Co
Owens Jacqueline -- Continental Lawyers Title Co
Elam Clyde Dewayne -- --
Shumpert Judith -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Alicia Cervantes $220,000
Previous Owner Santillanes Maximiliano $59,400
Previous Owner Elam Clyde Dewayne $74,642
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2020 02/24/20 Sold $317,000 -9.2% $237 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $349,000 0.0% $260 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
12/27/2019 12/27/19 For Sale $349,000 -- $260 / 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 $4,185 $346,681 $82,021 $264,660
2023 $4,185 $333,221 $78,837 $254,384
2022 $3,873 $326,689 $77,292 $249,397
2021 $3,814 $320,284 $75,777 $244,507
2020 $1,735 $143,158 $62,122 $81,036
2019 $1,713 $140,352 $60,904 $79,448
2018 $1,690 $137,601 $59,710 $77,891
2017 $1,660 $134,904 $58,540 $76,364
2016 $1,551 $132,260 $57,393 $74,867
2015 $1,526 $130,276 $56,532 $73,744
2014 $1,519 $127,726 $55,426 $72,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20007641

California Regional Multiple Listing Service (CRMLS)

APN: 150-062-005