NOT LISTED FOR SALE

11302 Shoemaker Ave Whittier, CA 90605

South Whittier Neighborhood

Estimated Value: $875,000 - $977,000

5 Beds
2 Baths
1,706 Sq Ft
$535/Sq Ft Est. Value

Last Sold November 05, 2015

Last sale price $441,500 $259 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $5,351/month

8 Days on Market

About This Home

As of November 2015

Fixer upper special. Two houses on a lot. Flag lot provides more privacy and less noise form the street. Ideal for related family occupancy. Sold as-is. Current rents are way below market, same tenants for 15 years. Possession subject to tenants rights. Interior pictures are of rear house. Seller's choice escrow and title.

Last Agent to Sell the Property

Gregory Lucido

Eastside Realty Services Inc. License #00512665 Listed on: 09/11/2015

Last Buyer's Agent

David Yi

Akita Realty License #01123776

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,892

Year Built

  • Built in 1953

Lot Details

  • 0.28 Acre Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Flag Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 1,706 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 9891
  • Assessor Parcel Number 8026003023

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $819
  • Trash Expense $430
  • Water Sewer Expense $2,400
  • New Taxes Expense $5,310
  • Gross Income $2,025
  • Net Operating Income $15,341

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,892

Year Built

Built in 1953

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 8026003023
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 258.79

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Trash Expense: 430.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Flag Lot, Paved
  • Lot Size Sq Ft: 12116.00
  • Price Per Lot Square Foot: 36.44
  • Lot Size Acres: 0.2780

Multi Family

  • Gross Income: 2025.00
  • Gross Scheduled Income: 24300.00
  • Insurance Expense: 819.00
  • Lot Size Area: 12116.0000 Square Feet
  • Net Operating Income: 15341.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 8959.00
  • Rent Control: No
  • Total Actual Rent: 2025.00

Tax Info

  • New Taxes Expense: 5310.00
  • Tax Lot: 3
  • Tax Tract Number: 9891

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2015
Closed on
Dec 7, 2015
Sold by
Nguyen Thu and Nguyen Vinh Thi
Bought by
The Thu Vinh Nguyen Revocable Living Tru
Seller's Agent
Gregory Lucido
Eastside Realty Services Inc.
Buyer's Agent
David Yi
Akita Realty
List Price
$475,000
Sold Price
$441,500
Premium/Discount to List
-$33,500
-7.05%
Current Estimated Value
$912,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,168
Avg. Annual Appreciation
7.54%

Purchase Details

Listed on
Sep 11, 2015
Closed on
Sep 24, 2015
Sold by
Martineau Dennis M and Martineau Georgia M
Bought by
Nguyen Thu and Nguyen Vinh Thi
Seller's Agent
Gregory Lucido
Eastside Realty Services Inc.
Buyer's Agent
David Yi
Akita Realty
List Price
$475,000
Sold Price
$441,500
Premium/Discount to List
-$33,500
-7.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,900
Outstanding Balance
$207,349
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$705,319

Purchase Details

Closed on
Apr 21, 2007
Sold by
Martineau Dennis M and Martineau Georgia M
Bought by
Martineau Dennis M and Martineau Georgia M

Purchase Details

Closed on
Oct 18, 2001
Sold by
Heinemann Kenneth Allen and Ken Mar Trust
Bought by
Martineau Dennis M and Martineau Georgia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,400
Interest Rate
6.84%
Mortgage Type
Seller Take Back
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
The Thu Vinh Nguyen Revocable Living Tru -- None Available
Nguyen Thu $441,500 Lawyers Title
Martineau Dennis M -- None Available
Martineau Dennis M $165,000 --
Heinemann Kenneth Allen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Thu $264,900
Previous Owner Martineau Dennis M $8,400
Closed Martineau Dennis M $159,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2015 11/05/15 Sold $441,500 -7.1% $259 / Sq Ft
09/19/2015 09/19/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $475,000 -- $278 / 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 $6,892 $522,638 $355,136 $167,502
2024 $6,892 $512,391 $348,173 $164,218
2023 $6,517 $502,346 $341,347 $160,999
2022 $6,563 $492,497 $334,654 $157,843
2021 $6,430 $482,842 $328,093 $154,749
2020 $6,364 $477,892 $324,729 $153,163
2019 $6,322 $468,522 $318,362 $150,160
2018 $5,998 $459,336 $312,120 $147,216
2016 $5,707 $441,500 $300,000 $141,500
2015 $2,322 $151,473 $83,127 $68,346
2014 $2,314 $148,507 $81,499 $67,008
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Gregory Lucido

    Eastside Realty Services Inc.

  • D

    Buyer's Agent in 2015

    David Yi

    Akita Realty

    (562) 926-0232

    10 Total Sales

    David Yi
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15202880

California Regional Multiple Listing Service (CRMLS)

APN: 8026-003-023

California Los Angeles County Whittier 90605 South Whittier

11302 Shoemaker Ave, Whittier, CA

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