NOT LISTED FOR SALE

11031 Stockwell Dr Lynwood, CA 90262

Estimated Value: $1,017,000 - $1,118,000

5 Beds
6 Baths
3,140 Sq Ft
$343/Sq Ft Est. Value

Last Sold May 02, 2017

Last sale price $630,000 $201 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $7,222/month

82 Days on Market

About This Home

As of May 2017

Four unit property including a two bedroom/family room/three bathroom unit, three - one bedroom - one bath units. Five total garages
plus larged paved area for additional parking.

Property is owned by California licensed real estate broker.

Last Agent to Sell the Property

Donald Brabant

Brabant Realty & Management License #00635396 Listed on: 09/14/2016

Last Buyer's Agent

Victor Ambriz Jr

Keller Williams SELA License #00952349

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,886

Year Built

  • Built in 1956

Lot Details

  • 5,450 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 1 Open Parking Space
  • 5 Car Garage

Home Design

  • 3,140 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 14391
  • Assessor Parcel Number 6173015016

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $375
  • Insurance Expense $1,500
  • Maintenance Expense $3,600
  • Trash Expense $2,796
  • Water Sewer Expense $185
  • New Taxes Expense $8,775
  • Operating Expense $17,706
  • Gross Income $46,800
  • Net Operating Income $29,094

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,886

Year Built

Built in 1956

Lot Details

0

Parking

5

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 185.00
  • Zoning: LYHMD*
  • Property Type: Residential Income
  • Parcel Number: 6173015016
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 200.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Trash Expense: 2796.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5450.00

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 1250 Square Feet
  • Electric Expense: 375.00
  • Gross Income: 46800.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 1500.00
  • Maintenance Expense: 3600.00
  • Maintenance Percent: 8.00
  • Net Operating Income: 29094.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Operating Expense: 17706.00
  • Rent Control: No
  • Total Actual Rent: 3900.00
  • Total Expenses: 17706.00

Tax Info

  • New Taxes Expense: 8775.00
  • Tax Census Tract: 5402.03
  • Tax Lot: 19
  • Tax Tract Number: 14391

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2021
Sold by
Gonzalez Ruben V
Bought by
Martinez Mario A and Gonzalez Maria I
Current Estimated Value
$1,075,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2019
Sold by
Gomez Socorro M
Bought by
Gonzalez Ruben V

Purchase Details

Closed on
Nov 23, 2016
Sold by
Bischoff Gary W
Bought by
Ojeda Henry and Ojeda Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2007
Sold by
Bischoff Gary W
Bought by
Bischoff Gary W and Bischoff Christine L

Purchase Details

Closed on
Jan 14, 2000
Sold by
Brabant Donald R
Bought by
Bischoff Gary W and Bischoff Christine L

Purchase Details

Closed on
May 31, 1997
Sold by
Reimann William O
Bought by
Brabant Donald R and Brabant Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.45%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 11, 1996
Sold by
Reimann Juanita Barton
Bought by
Reimann Juanita B and Reimann William O
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
Martinez Mario A $1,150,000 Stewart Title Company
Gonzalez Ruben V -- Stewart Title Co
Ojeda Henry $630,000 Pacific Coast Title Co
Bischoff Gary W -- None Available
Bischoff Gary W $200,000 Fidelity Title
Brabant Donald R $150,000 Fidelity Title
Reimann Juanita B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Mario A $840,000
Previous Owner Ojeda Henry $472,500
Previous Owner Bischoff Gary W $333,750
Previous Owner Bischoff Gary W $238,000
Previous Owner Bischoff Gary W $203,000
Previous Owner Brabant Donald R $200,000
Previous Owner Brabant Donald R $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2017 05/02/17 Sold $630,000 -3.0% $201 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $649,500 -- $207 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,886 $1,220,376 $318,362 $902,014
2024 $16,886 $1,196,448 $312,120 $884,328
2023 $16,762 $1,172,989 $306,000 $866,989
2022 $14,584 $1,030,555 $288,547 $742,008
2021 $14,088 $1,010,349 $282,890 $727,459
2020 $13,450 $999,990 $279,990 $720,000
2019 $9,963 $655,452 $187,272 $468,180
2018 $9,239 $642,600 $183,600 $459,000
2016 $4,101 $257,967 $71,402 $186,565
2015 $4,022 $254,093 $70,330 $183,763
2014 $3,954 $249,117 $68,953 $180,164
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16701639

California Regional Multiple Listing Service (CRMLS)

APN: 6173-015-016