NOT LISTED FOR SALE

Estimated Value: $1,144,000 - $1,424,000

4 Beds
2 Baths
2,300 Sq Ft
$571/Sq Ft Est. Value

Last Sold August 21, 2018

Last sale price $955,000 $415 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $8,003/month

54 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Shutters
  • Woodrow Wilson High School Rated A
  • Granite Countertops
  • Coffered Ceiling

About This Home

As of August 2018

Beautiful Spanish style duplex! This light and bright duplex is FULL of charming old-world details; coved ceilings, arched doorways, original built-ins, original hardwood floors, molded ceiling trim, faux fireplace & more! Each unit offers 2 bedrooms, 1 bathroom, 1,150 sq feet of living space w/ 2 full size, two-car garages complete with storage. The lower unit (1049) has been remodeled top to bottom w/ gorgeous, high end details. Featuring refinished hardwood floors throughout, new cabinetry, granite countertops in the kitchen & bath, under cabinet lighting, stainless steel appliances, travertine backsplash, Spanish tile floors, designer paint colors, washer/dryer hookups, ceiling fans, window AC unit, plantation shutters, closet organizers & more. Sliding glass doors lead out to the huge wooden deck & shared, grassy back yard, the perfect spot to entertain in style! The upper unit (1051) is just as special and has been tastefully updated including; kitchen & bathroom countertops, backsplash, stainless steel appliances, Spanish tile floors, refinished hardwood floors, window AC units & inside laundry. Entertain & enjoy the beautiful backyard on your private deck. The upper & lower decks are newer, new exterior stairs on the back of the property, new wood fencing, updated exterior stucco & upgraded electric panel. Very close proximity to CSULB, Alamitos Bay, Belmont Shore, restaurants and entertainment. This duplex is very special and a MUST SEE, you will not be disappointed!

Last Agent to Sell the Property

Jeannie Jones

Coldwell Banker Realty License #01258856 Listed on: 05/23/2018

Co-Listed By

Bonnie Weiss

Coldwell Banker Realty License #01900724

Last Buyer's Agent

Joseph Soaris

Keller Williams Los Angeles License #01073001

Keller Williams Los Angeles

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 5,860 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Front and Back Yard Sprinklers

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Spanish Architecture
  • Mediterranean Architecture
  • Flat Tile Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Coffered Ceiling
  • Ceiling Fan
  • Shutters
  • Living Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 40
  • Tax Tract Number 3696
  • Assessor Parcel Number 7241007019

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $2,000
  • Fuel Expense $500
  • Insurance Expense $2,473
  • Pest Control $895
  • Trash Expense $900
  • Water Sewer Expense $900
  • New Taxes Expense $10,401
  • Operating Expense $14,683
  • Gross Income $2,000
  • Net Operating Income $42,407

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Circle (CA)
  • Water Sewer Expenses: 900.00
  • Zoning: LBR3S
  • Architectural Style: Mediterranean, Spanish
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7241007019
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Copper Plumbing Full, Granite Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 415.22
  • Room Type: Living Room
  • Window Features: Shutters

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Flat Tile
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Trash Compactor
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Pest Control Expense: 895.00
  • Sewer: Sewer Paid
  • Trash Expense: 900.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 5860.00

Multi Family

  • Electric Expense: 2000.00
  • Fuel Expense: 500.00
  • Gross Income: 2000.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 2473.00
  • Net Operating Income: 42407.00
  • 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
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3193.00
  • Rent Control: No
  • Total Actual Rent: 4000.00
  • Total Expenses: 14683.00

Tax Info

  • New Taxes Expense: 10401.00
  • Tax Census Tract: 5770.00
  • Tax Lot: 40
  • Tax Tract Number: 3696

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2019
Sold by
Sanders Susan Elaine
Bought by
Sanders Susan Elaine and The Susan Elaine Sanders Trust
Current Estimated Value
$1,313,020

Purchase Details

Listed on
May 23, 2018
Closed on
Jul 12, 2018
Sold by
Esau Charles Donald
Bought by
Sanders Susan
Seller's Agent
Jeannie Jones
Coldwell Banker Realty
Buyer's Agent
Joseph Soaris
Keller Williams Los Angeles
List Price
$995,000
Sold Price
$955,000
Premium/Discount to List
-$40,000
-4.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$305,250
Outstanding Balance
$263,775
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$1,049,245

Purchase Details

Closed on
Feb 7, 2007
Sold by
Esau Charles Donald
Bought by
Esau Charles Donald and Esau Judy M

Purchase Details

Closed on
Jul 9, 2004
Sold by
Esau Judy Marie
Bought by
Esau Charles Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,750
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2004
Sold by
Bennett Michaela H
Bought by
Esau Charles Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,750
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 1996
Sold by
American Svgs Bank Fa
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,850
Interest Rate
7.04%

Purchase Details

Closed on
Dec 21, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bennett Michaela H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,850
Interest Rate
7.04%

Purchase Details

Closed on
Sep 15, 1995
Sold by
Loya Ranaldo and Fernandez Mary Ann
Bought by
American Svgs Bank Fa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sanders Susan Elaine -- None Available
Sanders Susan $955,000 Chicago Title Company
Esau Charles Donald -- Accommodation
Esau Charles Donald -- Landamerica Commonwealth Tit
Esau Charles Donald $685,000 Landamerica Commonwealth Tit
Federal Home Loan Mortgage Corporation -- First American Title Co
Bennett Michaela H $166,500 First American Title Co
American Svgs Bank Fa $208,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Susan $305,250
Previous Owner Esau Charles Donald $513,750
Previous Owner Bennett Michaela H $149,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2018 08/21/18 Sold $955,000 +0.6% $415 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
06/13/2018 06/13/18 Price Changed $949,000 -4.6% $413 / Sq Ft
05/23/2018 05/23/18 For Sale $995,000 -- $433 / 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 $13,472 $1,065,315 $747,395 $317,920
2024 $13,472 $1,044,428 $732,741 $311,687
2023 $13,249 $1,023,950 $718,374 $305,576
2022 $12,432 $1,003,874 $704,289 $299,585
2021 $12,189 $984,191 $690,480 $293,711
2019 $12,016 $955,000 $670,000 $285,000
2018 $10,512 $839,160 $575,776 $263,384
2016 $9,666 $806,576 $553,419 $253,157
2015 $9,274 $794,462 $545,107 $249,355
2014 $9,206 $778,901 $534,430 $244,471
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18121377

California Regional Multiple Listing Service (CRMLS)

APN: 7241-007-019