NOT LISTED FOR SALE

Estimated Value: $711,000 - $781,243

3 Beds
2 Baths
1,794 Sq Ft
$409/Sq Ft Est. Value

Last Sold August 14, 2012

Last sale price $310,000 $173 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $4,414/month

86 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Burning Fireplace
  • Heating System Uses Natural Gas
  • Tile Flooring

About This Home

As of August 2012

GREAT OPPORTUNITY:, LIVE IN ONE AND RENT THE OTHERS. TRI-PLEX ON A HUGE CORNER LOT THAT FEATURES: TWO 1 BEDROOM / 1BATH UNITS & ONE 3 BEDROOMS /1 BATH UNIT. GARAGE CONVERTED BUYERS TO VERY PERMITS.

Last Agent to Sell the Property

Francis Vargas

Seven Gables Real Estate License #01086328 Listed on: 03/15/2012

Seven Gables Real Estate

Last Buyer's Agent

Robert Ip

Coldwell Banker Realty Pasadena License #01876261

Coldwell Banker Realty Pasadena

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,867 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,794 Sq Ft Home
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Electric Fireplace

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tax Tract Number 17499
  • Assessor Parcel Number 8323012016

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $60
  • Water Sewer Expense $175
  • Gross Income $2,775
  • Net Operating Income $2,540

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 0.78
  • View: No
  • Water Sewer Expenses: 175.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 60.00
  • Parcel Number: 8323012016
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile
  • Appliances: No
  • Fireplace Features: Electric, Masonry, Wood Burning
  • Levels: One
  • Price Per Square Foot: 172.80

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Wall Furnace

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7867.00
  • Lot Size Acres: 0.1810

Multi Family

  • Gross Income: 2775.00
  • Gross Multiplier: 117.12
  • Gross Scheduled Income: 2775.00
  • Lot Size Area: 7867.0000 Square Feet
  • Net Operating Income: 2540.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 235.00

Tax Info

  • Tax Area: 7790
  • Tax Lot: 0.
  • Tax Tract Number: 17499

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2017
Sold by
Esparza Blanca A
Bought by
The Blanca A Esparza Living Trust
Current Estimated Value
$733,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$281,836
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$451,475

Purchase Details

Closed on
Sep 19, 2017
Sold by
Ip Robert and Ip Judy Hyun
Bought by
Esparza Blanca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$281,836
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$451,475

Purchase Details

Closed on
Dec 30, 2015
Sold by
Ip Robert and Ip Judy Hyun
Bought by
The Robert & Judy Ip 2012 Trust

Purchase Details

Listed on
Mar 15, 2012
Closed on
Jul 6, 2012
Sold by
Munoz Jose
Bought by
Ip Robert and Ip Judy H
Seller's Agent
Francis Vargas
Seven Gables Real Estate
Buyer's Agent
Robert Ip
Coldwell Banker Realty Pasadena
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$232,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2008
Sold by
Ameriquest Mortgage Co
Bought by
Munoz Jose

Purchase Details

Closed on
Jan 3, 2008
Sold by
Collaso Ruben Rene
Bought by
Ameriquest Mortgage Co and Purchaser & Various Mortgagors

Purchase Details

Closed on
Nov 27, 2006
Sold by
Collaso Ruben R
Bought by
Collaso Ruben Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2004
Sold by
Gonzalez Santiago and Gonzalez Raquel
Bought by
Collaso Ruben R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2002
Sold by
Derrick Charles A and Derrick Danny D
Bought by
Gonzalez Santiago and Gonzalez Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
8.78%

Purchase Details

Closed on
Nov 17, 1995
Sold by
Derrick Charles A and Derrick Deveda P
Bought by
Derrick Charles A and Derrick Deveda P
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
The Blanca A Esparza Living Trust -- None Available
Esparza Blanca A $465,000 Lawyers Title Company
The Robert & Judy Ip 2012 Trust -- None Available
Ip Robert $310,000 Fidelity National Title
Munoz Jose $321,000 Investors Title Company
Ameriquest Mortgage Co $399,500 Cr Title Services Inc
Collaso Ruben Rene -- United Title Company La
Collaso Ruben R $375,000 First American Title Insuran
Gonzalez Santiago $230,000 Chicago Title Co
Derrick Charles A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esparza Blanca A $337,500
Previous Owner Ip Robert $232,500
Previous Owner Collaso Ruben Rene $459,000
Previous Owner Collaso Ruben R $300,000
Previous Owner Gonzalez Santiago $207,000
Closed Collaso Ruben R $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2012 08/14/12 Sold $310,000 -4.6% $173 / Sq Ft
06/09/2012 06/09/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $325,000 -- $181 / 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 $6,864 $529,087 $341,347 $187,740
2024 $6,864 $518,713 $334,654 $184,059
2023 $6,727 $508,543 $328,093 $180,450
2022 $6,620 $498,572 $321,660 $176,912
2021 $6,466 $488,797 $315,353 $173,444
2019 $6,603 $474,300 $306,000 $168,300
2018 $6,114 $465,000 $300,000 $165,000
2017 $4,487 $328,918 $254,648 $74,270
2016 $4,285 $322,469 $249,655 $72,814
2015 $4,250 $317,626 $245,905 $71,721
2014 $4,234 $311,406 $241,089 $70,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P815521

California Regional Multiple Listing Service (CRMLS)

APN: 8323-012-016