NOT LISTED FOR SALE

1068 Bay View Ave Wilmington, CA 90744

Estimated Value: $646,000 - $871,904

4 Beds
2 Baths
1,958 Sq Ft
$390/Sq Ft Est. Value

Sale Details

Date Sold: May 4, 2017

Last sale price $415,000 $212 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,566 / mo

Highlights

  • All Bedrooms Downstairs
  • Neighborhood Views
  • Central Heating
  • Corner Lot
  • Laundry Room
  • 2 Car Garage

About This Home

As of May 2017

Great chance to own two homes on one corner lot. Rent both homes out or live in one and rent the other. Front home is a two bedroom one bath. It has an extra large front yard. Front home needs a little TLC but it can be a great rental unit. The side home is wonderful open floor plan. You have to see the inside of the home. Upgraded paint throughout, upgraded laminate floors and an upgraded bathroom. Upgraded copper plumbing as well. There is a double car driveway as well as a double car garage. Garage has a work bench area and lot's of storage. There is also a second driveway, ideal for 2 cars or RV parking. This is an ideal piece of property, this one won't last long. Title shows as a duplex, but this is two houses on one lot.

Last Agent to Sell the Property

Zachary Metheny

Keller Williams Realty License #02002501 Listed on: 04/04/2017

Keller Williams Realty

Last Buyer's Agent

SIVA SUBRAMANIAM

Amberwood Real Estate License #01438881

Amberwood Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,649 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 1,958 Sq Ft Home
  • Living Room with Fireplace
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,200
  • Insurance Expense $1,000
  • Trash Expense $250
  • New Taxes Expense $3,500
  • Operating Expense $4,750
  • Gross Income $30,000
  • Net Operating Income $30,000

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 2
  • Assessor Parcel Number 7420028015

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

6,649 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7420028015
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Price Per Square Foot: 211.95
  • Room Type: All Bedrooms Down, Laundry, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 250.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 6649.00

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 30000.00
  • Gross Scheduled Income: 33000.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 30000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Expenses: 4750.00

Tax Info

  • New Taxes Expense: 3500.00
  • Tax Census Tract: 2945.10
  • Tax Lot: 15
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2024
Sold by
Gutierrez Luis F
Bought by
Luis Gutierrez Trust and Gutierrez
Current Estimated Value
$764,476

Purchase Details

Listed on
Apr 4, 2017
Closed on
Feb 22, 2017
Sold by
Perez Lucila
Bought by
Gutierrez Luis F
Seller's Agent
Zachary Metheny
Keller Williams Realty
Buyer's Agent
SIVA SUBRAMANIAM
Amberwood Real Estate
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$407,483
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 8, 2016
Closed on
Feb 2, 2017
Sold by
Carbajal Deon and The Delores I Metheny 1996 Fam
Bought by
Gutierrez Luis F
Seller's Agent
Zachary Metheny
Keller Williams Realty
Buyer's Agent
SIVA SUBRAMANIAM
Amberwood Real Estate
List Price
$460,000
Sold Price
$458,000
Premium/Discount to List
-$2,000
-0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,483
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2010
Sold by
Carbajal Deon and Delores I Metheny 1996 Family
Bought by
Metheny Zachary and Metheny Spencer

Purchase Details

Closed on
Dec 18, 1996
Sold by
Methany Delores I
Bought by
Metheny Delores I and Delores I Metheny 1996 Family

Purchase Details

Closed on
May 9, 1996
Sold by
Halford Lavonne G Mcfarland and Mcfarland Lavonne G
Bought by
Mcfarland Lavonne G and Lavonne G Mcfarland Halford 19
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
Luis Gutierrez Trust -- None Listed On Document
Luis Gutierrez Trust -- None Listed On Document
Gutierrez Luis F -- First American Title Company
Gutierrez Luis F $415,000 First American Title Company
Metheny Zachary -- None Available
Metheny Delores I -- --
Mcfarland Lavonne G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gutierrez Luis F $407,483
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2017 05/04/17 Sold $415,000 0.0% $212 / Sq Ft
04/04/2017 04/04/17 For Sale $415,000 -9.4% $212 / Sq Ft
03/04/2017 03/04/17 Sold $458,000 -0.4% $234 / Sq Ft View Prior Sale
01/26/2017 01/26/17 Pending -- -- --
12/08/2016 12/08/16 For Sale $460,000 -- $235 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,092 $481,638 $330,764 $150,874
2024 $6,092 $472,195 $324,279 $147,916
2023 $5,980 $462,937 $317,921 $145,016
2022 $5,711 $453,861 $311,688 $142,173
2021 $5,635 $444,963 $305,577 $139,386
2020 $5,688 $440,401 $302,444 $137,957
2019 $5,473 $431,766 $296,514 $135,252
2018 $5,353 $423,300 $290,700 $132,600
2016 $995 $61,879 $20,063 $41,816
2015 $984 $60,950 $19,762 $41,188
2014 $1,002 $59,757 $19,375 $40,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17086856

California Regional Multiple Listing Service (CRMLS)

APN: 7420-028-015

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