NOT LISTED FOR SALE

Estimated Value: $833,000 - $999,000

9 Beds
4 Baths
2,849 Sq Ft
$318/Sq Ft Est. Value

Last Sold March 28, 2012

Last sale price $230,000 $81 Per Sq Ft

Est. 293% increase in value since last sale

Current estimated payment $5,193/month

34 Days on Market

About This Home

As of March 2012

Bank owned. Major fixer 4plex with excellent mix: 3/1, 2/1, 2/1, 2/1. 2849 sq. ft., 3 vacant, 1 section 8 tenant. Separate gas & electric meters, 40x100 R4 lot, gated parking. Vandalized, rough area. Cash offers only please.

Last Agent to Sell the Property

Leo Nordine

Nordine Realtors, Inc. License #01915167 Listed on: 01/13/2012

Last Buyer's Agent

James Sugden

License #00984260

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,475

Year Built

  • Built in 1932

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,849 Sq Ft Home
  • 2-Story Property

Parking

  • 8 Parking Spaces
  • Uncovered Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street
  • Sewer Paid

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 6063-026-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,475

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 2849
  • Lot Dimensions: 40x100
  • Stories: 2
  • Year Built: 1932
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Hood Fan
  • Price Per S Q F T: 85.26

Exterior Features

  • Construction: stucco
  • Pool: No
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 8

Utilities

  • Heating: Wall
  • Sewer: In Street, On Site, Paid

Lot Info

  • Assessor Parcel Number: 6063-026-026
  • Lot Size Area: 4000

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Rent Control: Yes
  • Total Annual Expense: 0
  • Type Of Units: REO 4plex
  • Vacancy Rate: 75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2012
Closed on
Feb 15, 2012
Sold by
Rodriguez Dora Yvette
Bought by
Rodriguez Jaime
Seller's Agent
Leo Nordine
Nordine Realtors, Inc.
Buyer's Agent
James Sugden
List Price
$242,900
Sold Price
$230,000
Premium/Discount to List
-$12,900
-5.31%
Current Estimated Value
$904,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$674,667

Purchase Details

Closed on
Apr 12, 2010
Sold by
Karns David and Karns Susan
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 13, 2006
Sold by
Mapp Grace
Bought by
Karns David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
7.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 2, 2005
Sold by
Mapp Desmond
Bought by
Mapp Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,500
Interest Rate
8.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2005
Sold by
Whitfield Quiauna
Bought by
Mapp Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,500
Interest Rate
8.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2004
Sold by
Jordan Matthew and Jordan Erricka N
Bought by
Whitfield Quiauna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2002
Sold by
Bui Diem Dung
Bought by
Jordan Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,519
Interest Rate
6.52%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2001
Sold by
Hud
Bought by
Bui Diem Dung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,050
Interest Rate
6.99%

Purchase Details

Closed on
Oct 28, 1999
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Oct 13, 1998
Sold by
Slater Alfred L
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Jul 9, 1997
Sold by
Slater Alfred L
Bought by
Morgan Brent

Purchase Details

Closed on
Jan 11, 1995
Sold by
Slater Bernice
Bought by
Slater Alfred L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,626
Interest Rate
8.9%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 1994
Sold by
Mitchell Dodd M
Bought by
Slater Alfred L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,626
Interest Rate
8.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Rodriguez Jaime -- Landsafe Title
Rodriguez Jaime $230,000 Landsafe Title
The Bank Of New York Mellon $193,500 Landsafe Title
Karns David $650,000 Southland Title Company
Mapp Grace -- Southland Title Corporation
Mapp Grace $550,000 Southland Title Corporation
Whitfield Quiauna $435,000 First American Title
Jordan Matthew $290,000 Southland Title Corporation
Bui Diem Dung $160,500 Benefit Land Title
Hud -- First American Title Ins Co
Norwest Mtg Inc $237,272 First American Title Ins Co
Morgan Brent -- --
Slater Alfred L -- First American Title Company
Slater Alfred L $230,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karns David $455,000
Previous Owner Mapp Grace $467,500
Previous Owner Whitfield Quiauna $348,000
Previous Owner Jordan Matthew $285,519
Previous Owner Bui Diem Dung $128,050
Previous Owner Slater Alfred L $221,626
Closed Whitfield Quiauna $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2012 03/28/12 Sold $230,000 -5.3% $81 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $242,900 -- $85 / 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
2025 $4,475 $295,161 $169,562 $125,599
2024 $4,475 $289,375 $166,238 $123,137
2023 $4,399 $283,702 $162,979 $120,723
2022 $4,223 $278,140 $159,784 $118,356
2021 $4,157 $272,687 $156,651 $116,036
2019 $4,044 $264,601 $152,005 $112,596
2018 $3,944 $259,414 $149,025 $110,389
2016 $3,732 $249,342 $143,239 $106,103
2015 $3,676 $245,598 $141,088 $104,510
2014 $3,700 $240,788 $138,325 $102,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-575385

The MLS

APN: 6063-026-026