$360,000
SOLD DEC 16, 2016

1116 N Wilmington Blvd Wilmington, CA 90744

2 Beds
2 Baths
1,025 Sq Ft
8,010 Sq Ft Lot

Recently Sold

$351 Per Sq Ft

1% Below List Price

8 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Level Lot
  • Wall Furnace
  • West Facing Home

About This Home

As of October 2019

Spacious lot zoned for many uses. Currently front unit is vacant.

Last Agent to Sell the Property

Jenny Yamada-Clayton

Estate Properties License #00891965 Listed on: 10/18/2016

Last Buyer's Agent

Jenny Yamada-Clayton

Estate Properties License #00891965 Listed on: 10/18/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,450

Year Built

  • Built in 1950

Lot Details

  • 8,010 Sq Ft Lot
  • 1 Common Wall
  • West Facing Home
  • Level Lot
  • Density is up to 1 Unit/Acre
  • Land Lease

Parking

  • 2 Car Garage

Home Design

  • 1,025 Sq Ft Home
  • Property Attached
  • Raised Foundation
  • Stucco

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 576
  • Assessor Parcel Number 7415023011

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Net Operating Income $6,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,450

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: LAC1.5
  • Property Type: Residential Income
  • Parcel Number: 7415023011
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 351.22
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Other
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 0-1 Unit/Acre, Level with Street
  • Lot Size Sq Ft: 8010.00

Multi Family

  • Gross Scheduled Income: 6800.00
  • Net Operating Income: 6800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2541.00
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2945.10
  • Tax Lot: 9
  • Tax Tract Number: 576

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2019
Closed on
Sep 16, 2019
Sold by
Aguilar Albert and Aguilar Emily V
Bought by
Hernandez Nathalie
Seller's Agent
Raul Garcia
Circle Real Estate
Buyer's Agent
Adela Randazzo
Keller Williams Realty
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$752,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,139
Avg. Annual Appreciation
7.96%
Original Mortgage
$403,750
Outstanding Balance
$352,924
Interest Rate
3.5%
Estimated Equity
$399,215

Purchase Details

Listed on
Oct 18, 2016
Closed on
Nov 3, 2016
Sold by
Mahood Gina Milla
Bought by
Aguilar Albert and Aguilar Emily V
Seller's Agent
Jenny Yamada-Clayton
Estate Properties
Buyer's Agent
Jenny Yamada-Clayton
Estate Properties
List Price
$364,000
Sold Price
$360,000
Premium/Discount to List
-$4,000
-1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$347,400
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 2015
Sold by
Mahood Gina Milla
Bought by
Mahood Gina Milla and Mahood Darrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2015
Sold by
Mahood Gina Milla
Bought by
Mahood Gina Milla and Mahood Darrell

Purchase Details

Closed on
Aug 12, 2009
Sold by
Gonzalez Candelario
Bought by
Mahood Gina Milla

Purchase Details

Closed on
Nov 17, 1998
Sold by
Gonzalez Candelario
Bought by
Gonzalez Candelario and The Gonzalez Family Living Trust
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 Type Sale Price Title Company
Warranty Deed $475,000 Stewart Title
Grant Deed $360,000 Wfg National Title Company
Interfamily Deed Transfer -- Ticor Title Company
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $403,750 No Value Available
Previous Owner $347,400 FHA
Previous Owner $115,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2019 10/04/19 Sold $475,000 0.0% $463 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $475,000 +31.9% $463 / Sq Ft
12/16/2016 12/16/16 Sold $360,000 -1.1% $351 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
10/18/2016 10/18/16 For Sale $364,000 -- $355 / 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 $6,450 $519,477 $382,774 $136,703
2024 $6,450 $509,292 $375,269 $134,023
2023 $6,329 $499,307 $367,911 $131,396
2022 $6,040 $489,518 $360,698 $128,820
2021 $5,967 $479,921 $353,626 $126,295
2019 $4,723 $374,764 $208,080 $166,684
2018 $4,629 $367,420 $204,000 $163,420
2016 $3,857 $305,310 $218,079 $87,231
2015 $651 $36,323 $26,698 $9,625
2014 -- $35,613 $26,176 $9,437
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16728302

California Regional Multiple Listing Service (CRMLS)

APN: 7415-023-011