NOT LISTED FOR SALE

1118 King Ave Wilmington, CA 90744

Estimated Value: $722,000 - $913,045

5 Beds
3 Baths
2,301 Sq Ft
$351/Sq Ft Est. Value

Sale Details

Date Sold: November 18, 2013

Last sale price $410,000 $178 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,846 / mo

21 Days on Market

About This Home

As of November 2013

Unique and Rare Find in one of Wilmington's Best Tree Lined Streets. Well kept duplex (two on a lot detached) in great area. Overly Large Main home consists of 3 bedrooms, 1 3/4 baths, oversized Living Room, Chimney in master bedroom, dinning area, laundry area room, and oversized 2 car garage attached. Beautiful and original hard wood floors below carpet on front unit. Back Cozy Unit #2, consists of two bedrooms, 1 bath, dining area, large living room, and a chimney as well in one of the bedrooms. It also features its own beautiful private garden. Unit #2 consists of its own separate 1 car garage freestanding. Great Location, close to schools, freeways, and shopping centers. A true beauty in Wilmington.

Last Agent to Sell the Property

Christina Maciel

Del Mar Realty License #01440106 Listed on: 10/07/2013

Last Buyer's Agent

Quimaira Guzman

Keller Williams Realty License #01765125

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 7,300 Sq Ft Lot
  • No Common Walls
  • Garden

Parking

  • 3 Car Garage

Interior Spaces

  • 2,301 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 576
  • Assessor Parcel Number 7415022021

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

7,300 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 7415022021
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Price Per Square Foot: 178.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Garden
  • Lot Size Sq Ft: 7300.00
  • Lot Size Acres: 0.1680

Multi Family

  • Lot Size Area: 7300.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 576
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2019
Sold by
Vieyra Maria D and Vieyra Juan Carlos
Bought by
Santoyo Juan Carlos Vieyra and Vieyra Maria D
Current Estimated Value
$807,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Outstanding Balance
$361,010
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$446,001

Purchase Details

Closed on
Jul 23, 2018
Sold by
Rascon Oscar
Bought by
Vieyra Maria D and Vieyra Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2018
Sold by
Rascon Oscar
Bought by
Vieyra Maria D and Vieyra Carlos

Purchase Details

Closed on
Apr 3, 2017
Sold by
Tegel
Bought by
Tegel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.14%

Purchase Details

Listed on
Oct 7, 2013
Closed on
Oct 18, 2013
Sold by
Duran Raymond and Duran Trust
Bought by
Rascon Oscar
Seller's Agent
Christina Maciel
Del Mar Realty
Buyer's Agent
Quimaira Guzman
Keller Williams Realty
List Price
$420,008
Sold Price
$410,000
Premium/Discount to List
-$10,008
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$402,573
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Santoyo Juan Carlos Vieyra -- North American Title Company
Vieyra Maria D -- First American Title Company
Vieyra Maria D -- None Available
Tegel -- --
Rascon Oscar $410,000 Orange Coast Title Co Of Sou
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santoyo Juan Carlos Vieyra $414,000
Closed Vieyra Maria D $383,500
Closed Tegel --
Previous Owner Rascon Oscar $402,573
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2013 11/18/13 Sold $410,000 -2.4% $178 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
10/07/2013 10/07/13 For Sale $420,008 -- $183 / 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 $6,819 $530,414 $355,433 $174,981
2024 $6,697 $520,014 $348,464 $171,550
2023 $6,573 $509,819 $341,632 $168,187
2022 $6,277 $499,824 $334,934 $164,890
2021 $6,193 $490,024 $328,367 $161,657
2020 $6,251 $485,000 $325,000 $160,000
2019 $5,721 $450,550 $274,727 $175,823
2018 $5,585 $441,717 $269,341 $172,376
2016 $5,324 $424,567 $258,883 $165,684
2015 $5,249 $418,191 $254,995 $163,196
2014 $5,277 $410,000 $250,000 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13204671

California Regional Multiple Listing Service (CRMLS)

APN: 7415-022-021

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