NOT LISTED FOR SALE

11225 State St Lynwood, CA 90262

Estimated Value: $705,000 - $871,000

3 Beds
2 Baths
1,376 Sq Ft
$583/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $520,000 $378 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,071/month

1 Day on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • Forced Air Heating System
  • Views
  • Tile Flooring
  • 3-minute walk to Rose Park

About This Home

As of July 2018

**BACK ON MARKET***Due to CANCELLATION !! Great Potential!!! Right in-front of plaza Mexico, Well kept 2 separate units in good conditions Front unit 2 Bedroom 1 Bath and second unit is 1 bedroom 1 bath. (tax shows 3 bedrooms 3 baths) Each unit has it own yard. Located in the heart of Lynwood,Close to shopping centers and 105 Freeway.

Last Agent to Sell the Property

Reina Machado

Excellence RE Real Estate License #01740304 Listed on: 05/08/2018

Excellence RE Real Estate

Last Buyer's Agent

Miguel Vazquez

Home Central Realty License #01717478

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,438

Year Built

  • Built in 1925

Lot Details

  • 6,500 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,376 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Tile Flooring
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 5403
  • Assessor Parcel Number 6169004029

Community Details

Overview

  • 2 Buildings

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Trash Expense $504
  • Water Sewer Expense $930
  • New Taxes Expense $3,244
  • Operating Expense $5,178
  • Gross Income $26,022
  • Net Operating Income $24,826

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,438

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 930.00
  • Zoning: LYR3*
  • Property Type: Residential Income
  • Parcel Number: 6169004029
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 377.91
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Frame

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Trash Expense: 504.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 6500.00

Multi Family

  • Gross Income: 26022.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 500.00
  • Net Operating Income: 24826.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Operating Expense: 5178.00
  • Rent Control: No
  • Total Actual Rent: 31200.00
  • Total Expenses: 5178.00

Tax Info

  • New Taxes Expense: 3244.00
  • Tax Census Tract: 5403.00
  • Tax Lot: 7
  • Tax Tract Number: 5403.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2018
Closed on
May 14, 2018
Sold by
Reyes Esmeralda
Bought by
Aguirre Ramiro and Arevalo Cindi M
Seller's Agent
Reina Machado
Excellence RE Real Estate
Buyer's Agent
Miguel Vazquez
Home Central Realty
List Price
$540,000
Sold Price
$520,000
Premium/Discount to List
-$20,000
-3.7%
Current Estimated Value
$801,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,544
Avg. Annual Appreciation
5.44%
Original Mortgage
$510,581
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2000
Sold by
Cozart Thomas
Bought by
Cozart Jamecia L

Purchase Details

Closed on
Jul 24, 2000
Sold by
Cozart Jamecia L
Bought by
Reyes Esmeralda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,970
Interest Rate
7.9%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Aguirre Ramiro $540,000 Fidelity National Title
Cozart Jamecia L -- First American Title Co
Reyes Esmeralda $155,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguirre Ramiro $502,686
Closed Aguirre Ramiro $502,686
Previous Owner Aguirre Ramiro $510,581
Previous Owner Reyes Esmeralda $375,000
Previous Owner Reyes Esmeralda $326,000
Previous Owner Reyes Esmeralda $279,000
Previous Owner Reyes Esmeralda $232,000
Previous Owner Reyes Esmeralda $53,689
Previous Owner Reyes Esmeralda $154,039
Previous Owner Reyes Esmeralda $153,495
Previous Owner Reyes Esmeralda $153,970
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2018 07/10/18 Sold $520,000 -3.7% $378 / Sq Ft
06/18/2018 06/18/18 Price Changed $540,000 0.0% $392 / Sq Ft
06/18/2018 06/18/18 For Sale $540,000 +9.1% $392 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $495,000 -- $360 / 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 $8,438 $602,376 $435,051 $167,325
2024 $8,438 $590,566 $426,521 $164,045
2023 $8,375 $578,987 $418,158 $160,829
2022 $8,072 $567,635 $409,959 $157,676
2021 $7,776 $556,506 $401,921 $154,585
2020 $7,455 $550,800 $397,800 $153,000
2019 $8,063 $540,000 $390,000 $150,000
2018 $3,227 $205,256 $135,075 $70,181
2016 $3,012 $197,287 $129,831 $67,456
2015 $2,955 $194,324 $127,881 $66,443
2014 $2,899 $190,518 $125,376 $65,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV18108527

California Regional Multiple Listing Service (CRMLS)

APN: 6169-004-029