NOT LISTED FOR SALE

1060 Mcfarland Ave Wilmington, CA 90744

Estimated Value: $1,203,000 - $1,339,000

5 Beds
2 Baths
2,626 Sq Ft
$486/Sq Ft Est. Value

Last Sold February 07, 2023

Last sale price $550,000 $209 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $7,966/month

75 Days on Market

Highlights

  • Family Room with Fireplace
  • No HOA
  • Laundry Room
  • Spanish Architecture
  • Views

About This Home

As of February 2023

INVESTORS ONLY. Charming and newly updated two story 5bd/2ba home plus office! Newer carpet, paint and window treatments throughout the house. All five large bedrooms include new carpet, paint and window blind treatments. Two bedrooms and one office are downstairs. Kitchen has been upgraded with beautiful quartz and subway tile backsplash and grey and white tones with a beautiful bar off the kitchen. Upstairs bathroom new sink and toilet. Upstairs has three bedrooms and a second living room area with a beautiful fireplace that goes out to a front balcony. Separate laundry area inside. Plenty of back yard space, great for entertaining. Upstairs has a separate entry can be split up into two units or kept as one lots of opportunity! Two car garage plus driveway parking!

Last Agent to Sell the Property

Patrick Goeglein

TrentPatrick Real Estate Services License #01192954 Listed on: 09/27/2022

Last Buyer's Agent

Patrick Goeglein

TrentPatrick Real Estate Services License #01192954 Listed on: 09/27/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,777

Year Built

  • Built in 1921

Lot Details

  • 6,376 Sq Ft Lot
  • Lot Dimensions are 43x150
  • Property is zoned LAR1

Home Design

  • Spanish Architecture
  • Spanish Tile Roof

Interior Spaces

  • 2,626 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7425-007-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,777

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Advertising Remarks: SOLD AS IS. CALL PAT GOEGLEIN (310)-293-0736 AND ADAM GOEGLEIN (818)-730-2807
  • Living Area: 2626
  • Lot Acreage: 0.1464
  • Lot Dimensions: 43x150
  • Stories: 2
  • Year Built: 1921
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Mixed
  • Bedrooms: 5
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 257.04

Exterior Features

  • Other Structures: None
  • Pool: No
  • Roof: Spanish Tile
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 2

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 7425-007-003
  • Lot Size Area: 6376

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Dec 19, 2022
Sold by
Shannon Michael
Bought by
Nadel Mark and Nadel Roberta C
Seller's Agent
Patrick Goeglein
TrentPatrick Real Estate Services
Buyer's Agent
Patrick Goeglein
TrentPatrick Real Estate Services
List Price
$795,000
Sold Price
$550,000
Premium/Discount to List
-$245,000
-30.82%
Views
207
Current Estimated Value
$1,277,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$727,399
Avg. Annual Appreciation
40.85%

Purchase Details

Listed on
Aug 20, 2020
Closed on
Jan 28, 2021
Sold by
Ybarra Wells Angelina and The Cecilia R Ybarra Living Tr
Bought by
Shannon Michael
Seller's Agent
Monica Rivara
Simonetti & Associates
Buyer's Agent
Jesse Munoz
Lee & Associates Investments Services Group Inc
List Price
$735,000
Sold Price
$705,000
Premium/Discount to List
-$30,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.73%

Purchase Details

Closed on
Apr 3, 2017
Sold by
Tegel
Bought by
Tegel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.14%

Purchase Details

Closed on
May 15, 2009
Sold by
Ybarra Cecilia R
Bought by
Ybarra Cecilia R and The Cecilia R Ybarra Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nadel Mark $550,000 Fidelity National Title
Shannon Michael $705,000 North American Title Company
Tegel -- --
Ybarra Cecilia R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nadel Mark $421,250
Previous Owner Shannon Michael $395,000
Previous Owner Shannon Michael $45,000
Previous Owner Shannon Michael $30,000
Previous Owner Tegel --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2023 02/07/23 Sold $550,000 -18.5% $209 / Sq Ft
12/11/2022 12/11/22 Pending -- -- --
11/21/2022 11/21/22 Price Changed $675,000 -6.9% $257 / Sq Ft
11/07/2022 11/07/22 Price Changed $725,000 -8.8% $276 / Sq Ft
09/27/2022 09/27/22 For Sale $795,000 +12.8% $303 / Sq Ft
02/12/2021 02/12/21 Sold $705,000 +1.4% $268 / Sq Ft
12/25/2020 12/25/20 Pending -- -- --
10/18/2020 10/18/20 Price Changed $695,000 -2.8% $265 / Sq Ft
09/19/2020 09/19/20 Price Changed $715,000 -2.7% $272 / Sq Ft
08/20/2020 08/20/20 For Sale $735,000 -- $280 / Sq Ft
Source: The MLS

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
2024 $10,777 $861,900 $586,500 $275,400
2023 $9,234 $733,481 $488,259 $245,222
2022 $8,811 $719,100 $478,686 $240,414
2021 $2,480 $183,160 $18,767 $164,393
2020 $2,497 $181,283 $18,575 $162,708
2019 $2,410 $177,729 $18,211 $159,518
2018 $2,296 $174,245 $17,854 $156,391
2016 $2,165 $167,480 $17,161 $150,319
2015 $2,135 $164,966 $16,904 $148,062
2014 $2,149 $161,735 $16,573 $145,162
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-203550

The MLS

APN: 7425-007-003