NOT LISTED FOR SALE
4 Beds
3 Baths
5,705 Sq Ft
7,500 Sq Ft Lot

Sale Details

Date Sold: December 26, 2012

Last sale price $915,000 $160 Per Sq Ft

139 Days on Market

About This Home

As of December 2012

4 (Studio) 4 (1BD/1BA) House1 (2BD/1BA) HouseThis property provides the astute investor the opportunity to capitalize on the available AITD financing, assuming a low interest rate of 3.25%. At List Price and with a 25% Down Payment, the property boasts the highest returns in the county with an 11.1% Cash-on-Cash return as well as a Total Return of 18.7%.

Last Agent to Sell the Property

Daniel Blackwell

CB Richard Ellis, Inc. License #01854961 Listed on: 08/07/2012

Last Buyer's Agent

ALLEN CHEN

License #00905502

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 7,500 Sq Ft Lot

Parking

  • 10 Car Garage

Interior Spaces

  • 5,705 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 404-096-01

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5705
  • Stories: 2
  • Year Built: 1914
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 165.57

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 10

Utilities

  • Electric Expense: 3368.00
  • Water Expense: 3368.00

Fee Information

  • Gas Expense: 3368.00
  • Insurance Expense: 1876.00
  • Maintenance Expense: 3769.00
  • Management Expense: 600.00
  • Other Expense: 1800.00

Lot Info

  • Assessed Improvement Value: 135694
  • Assessed Land Value: 768932
  • Assessor Parcel Number: 404-096-01
  • Lot Size Area: 7500

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 9.51
  • Number Of Units: 0
  • Type Of Units: Mixed

Tax Info

  • Tax Expense: 11489.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2017
Sold by
Cheyssari Mina
Bought by

Purchase Details

Listed on
Aug 7, 2012
Closed on
Dec 13, 2012
Sold by
Somers Afarin G
Bought by
The Tulips Trust
Seller's Agent
Daniel Blackwell
CB Richard Ellis, Inc.
Buyer's Agent
ALLEN CHEN
List Price
$944,550
Sold Price
$915,000
Premium/Discount to List
-$29,550
-3.13%

Purchase Details

Closed on
Aug 23, 2004
Sold by
Pietsch Jim and Nash Brian Edward
Bought by
Somers Afarin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$654,000
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2002
Sold by
Mount Michael Joseph
Bought by
Mount Robin

Purchase Details

Closed on
Jan 22, 1999
Sold by
Desmond Susanne and Espinosa John
Bought by
Desmond Susanne and Espinosa John

Purchase Details

Closed on
Oct 22, 1998
Sold by
Goldenwest Relocation Corp
Bought by
Mcgregor Robin and Espinosa John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,490
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 1998
Sold by
Simjee Anne K
Bought by
Simjee Mohamed A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,490
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 1998
Sold by
Simjee Mohamed A
Bought by
Simjee Khalid J

Purchase Details

Closed on
Jul 24, 1998
Sold by
Simjee Khalid J
Bought by
Goldenwest Relocation Corp

Purchase Details

Closed on
Jul 29, 1996
Sold by
Simjee Anne K
Bought by
Simjee Mohamed A

Purchase Details

Closed on
Jul 25, 1996
Sold by
Sullivan Neil J and Sullivan Sally A
Bought by
Simjee Mohamed A

Purchase Details

Closed on
Apr 9, 1996
Sold by
Glengariff Lp
Bought by
Sullivan Neill J and Sullivan Sally Anne

Purchase Details

Closed on
Dec 3, 1993
Sold by
Sullivan Neill J and Sullivan Sally Anne
Bought by
Glengariff Lp
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
The Tulips Trust $915,000 Fidelity National Title Co
Somers Afarin G $872,000 Lawyers Title
Mount Robin -- Fidelity National Title Ins
Pietsch Jim $354,000 Fidelity National Title Ins
Desmond Susanne -- --
Mcgregor Robin -- Old Republic Title Company
Simjee Mohamed A -- Old Republic Title Company
Simjee Khalid J -- Old Republic Title Company
Goldenwest Relocation Corp -- Old Republic Title Company
Simjee Mohamed A -- Orange Coast Title
Simjee Mohamed A $232,500 Orange Coast Title
Sullivan Neill J -- --
Glengariff Lp -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $29,101
Previous Owner Somers Afarin G $755,000
Previous Owner Somers Afarin G $654,000
Previous Owner Pietsch Jim $400,000
Previous Owner Mcgregor Robin $314,490
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/26/2012 12/26/12 Sold $915,000 -3.1% $160 / Sq Ft
12/24/2012 12/24/12 Pending -- -- --
08/07/2012 08/07/12 For Sale $944,550 -- $166 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,803 $1,149,288 $973,447 $175,841
2025 $14,408 $1,126,753 $954,359 $172,394
2024 $14,408 $1,104,660 $935,646 $169,014
2023 $14,041 $1,083,000 $917,300 $165,700
2022 $13,873 $1,061,765 $899,314 $162,451
2021 $13,562 $1,040,947 $881,681 $159,266
2020 $13,575 $1,030,274 $872,641 $157,633
2019 $13,329 $1,010,073 $855,530 $154,543
2018 $12,847 $990,268 $838,755 $151,513
2017 $12,736 $970,851 $822,308 $148,543
2016 $12,492 $951,815 $806,184 $145,631
2015 $12,333 $937,518 $794,074 $143,444
2014 $12,119 $919,154 $778,519 $140,635
Source: Public Records

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Map

Source: The MLS

MLS Number: 12-617553

The MLS
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