Seller's Agent in 2020
Lee Medlin
National Realty Group
(951) 346-5662
56 Total Sales
Estimated Value: $699,000 - $1,088,933
9
Beds
8
Baths
4,268
Sq Ft
$217/Sq Ft
Est. Value
Highlights
- Corner Lot
- Laundry Room
- Landscaped
- Balcony
- Tile Flooring
- Central Heating and Cooling System
About This Home
As of April 2020Investor Alert! Immediate cash flow! This property is not a typical 4 plex. Each unit has it's own 2 car garage, Balcony, fireplace, laundry in each kitchen. 1 unit is a 3 bedroom 2 bath with a nice balcony and attached 2 car garage. The other 3 units are all 2 bedroom 2 bath units. Each with a 2 car detached garage and private patio. There's even a single car garage not assigned to any unit making for 9 total garages. Nice fenced corner location. All units are rented at market rent!
Last Agent to Sell the Property
National Realty Group License #00998908 Listed on: 03/02/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 9,148 Sq Ft Lot
- 1 Common Wall
- Fenced
- Fence is in average condition
- Landscaped
- Corner Lot
- Front Yard
Parking
- 9 Car Garage
Home Design
- Property Attached
- Flat Roof Shape
- Slab Foundation
- Composition Roof
- Copper Plumbing
Interior Spaces
- 4,268 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
Kitchen
- Gas Oven
- Gas Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- All Upper Level Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Outdoor Features
- Balcony
- Rain Gutters
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 4 / 2
- Tax Tract Number 1
- Assessor Parcel Number 442082024
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Trash Expense $1,140
- Water Sewer Expense $5,236
- New Taxes Expense $6,750
- Operating Expense $14,326
- Gross Income $57,166
- Net Operating Income $42,840
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 2, 2020
Closed on
Apr 14, 2020
Sold by
Tillmon Robert
Bought by
Tillmon Robert
Seller's Agent
Lee Medlin
National Realty Group
Buyer's Agent
Sandra Argumedo
HomeSmart, Evergreen Realty
List Price
$675,000
Sold Price
$695,000
Premium/Discount to List
$20,000
2.96%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,483
Avg. Annual Appreciation
5.05%
Original Mortgage
$513,750
Outstanding Balance
$452,370
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$474,113
Purchase Details
Listed on
Mar 2, 2020
Closed on
Mar 14, 2020
Sold by
Medlin Frankie Lee and Medlin Jamie Lee
Bought by
Tillmon Robert
Seller's Agent
Lee Medlin
National Realty Group
Buyer's Agent
Sandra Argumedo
HomeSmart, Evergreen Realty
List Price
$675,000
Sold Price
$695,000
Premium/Discount to List
$20,000
2.96%
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
Outstanding Balance
$452,370
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$474,113
Purchase Details
Closed on
May 6, 2013
Sold by
Medlin Frankie Lee
Bought by
Medlin Frankie Lee and Medlin Jamie Lee
Purchase Details
Closed on
Oct 14, 2009
Sold by
Medlin Jamie Lee
Bought by
Medlin Frankie Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
4.91%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 2, 2009
Sold by
Quan Kingsley
Bought by
Smp Realty Holdings Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
4.91%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 28, 2005
Sold by
Tavarez Joseph S and Tavarez Susan B
Bought by
Quan Kingsley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,400
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 13, 2003
Sold by
Tavarez Joseph S and Tavarez Shirley J
Bought by
Tavarez Joseph S and Tavarez Susan B
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tillmon Robert | -- | None Available | |
| Tillmon Robert | $695,000 | Orange Coast Title Company | |
| Medlin Frankie Lee | -- | None Available | |
| Medlin Frankie Lee | -- | First American Title Company | |
| Medlin Frankie Lee | $140,000 | First American Title | |
| Smp Realty Holdings Inc | $132,100 | None Available | |
| Quan Kingsley | $618,000 | First American Title Company | |
| Tavarez Joseph S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tillmon Robert | $513,750 | |
| Previous Owner | Medlin Frankie Lee | $98,000 | |
| Previous Owner | Quan Kingsley | $494,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/16/2020 04/16/20 | Sold | $695,000 | -2.1% | $163 / Sq Ft |
| 03/06/2020 03/06/20 | Price Changed | $710,000 | +5.2% | $166 / Sq Ft |
| 03/02/2020 03/02/20 | For Sale | $675,000 | -- | $158 / 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 | $8,544 | $760,079 | $164,045 | $596,034 |
| 2023 | $8,544 | $730,567 | $157,676 | $572,891 |
| 2022 | $8,270 | $716,243 | $154,585 | $561,658 |
| 2021 | $8,133 | $702,200 | $151,554 | $550,646 |
| 2020 | $2,013 | $165,226 | $76,710 | $88,516 |
| 2019 | $1,972 | $161,987 | $75,206 | $86,781 |
| 2018 | $1,913 | $158,812 | $73,733 | $85,079 |
| 2017 | $1,892 | $155,699 | $72,288 | $83,411 |
| 2016 | $1,879 | $152,647 | $70,871 | $81,776 |
| 2015 | $1,873 | $150,356 | $69,807 | $80,549 |
| 2014 | $1,793 | $147,413 | $68,441 | $78,972 |
Source: Public Records
Agents Affiliated with this Home
-
Lee Medlin
-
Sandra Argumedo
Buyer's Agent in 2020
Sandra Argumedo
HomeSmart, Evergreen Realty
(562) 244-8062
69 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW20040670
APN: 442-082-024
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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