NOT LISTED FOR SALE

Estimated Value: $800,000 - $932,000

3 Beds
1 Bath
1,377 Sq Ft
$618/Sq Ft Est. Value

Last Sold June 11, 2013

Last sale price $350,000 $254 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $4,898/month

8 Days on Market

About This Home

As of June 2013

TWO UNITS. 1.- 2BED PLUS DEN 1BATH 2.- 2 BED ONE BATH...... NO FHA.... PROPERTY IS A DUPLEX LEGAL. BUYER TO COOPERATE WITH A 1031 EXCHANGE... OFFER SUBJECT TO INSIDE INSPECTION . DO NOT DISTURB TENANTS PLEASE. THERE IS ONE WATER METER . ONE GAS METER . ONE ELECTRICAL METER. THIS IS A LEGAL DUPLEX

Last Agent to Sell the Property

JESUS LEYVA

FIRST HOME BROKERS License #01022972 Listed on: 04/11/2013

Last Buyer's Agent

Maria Vazquez Ladd

Beach City Brokers License #01874836

Beach City Brokers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 6,681 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 1,377 Sq Ft Home
  • Double Door Entry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $100
  • Insurance Expense $65
  • Trash Expense $50
  • Water Sewer Expense $50
  • New Taxes Expense $3,500
  • Gross Income $25,000
  • Net Operating Income $20,000

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 6192
  • Assessor Parcel Number 8178031023

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 50.00
  • Property Type: Residential Income
  • Parcel Number: 8178031023
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Door Features: Double Door Entry
  • Levels: One
  • Price Per Square Foot: 254.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6681.00
  • Lot Size Acres: 0.1530

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 25000.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 65.00
  • Lot Size Area: 6681.0000 Square Feet
  • Net Operating Income: 20000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Operating Expense: 10000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3500.00
  • Taxes Percent: 1.25
  • Tax Lot: 38
  • Tax Tract Number: 6192
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2015
Sold by
Herrera Cynthia A
Bought by
Herrera Rene
Current Estimated Value
$851,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Outstanding Balance
$260,005
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$591,663

Purchase Details

Listed on
Apr 11, 2013
Closed on
May 23, 2013
Sold by
Munoz Rafael
Bought by
Herrera Rene and Herrera Cynthia A
Seller's Agent
JESUS LEYVA
FIRST HOME BROKERS
Buyer's Agent
Maria Vazquez Ladd
Beach City Brokers
List Price
$335,000
Sold Price
$350,000
Premium/Discount to List
$15,000
4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$343,660
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2013
Sold by
Arroyo Teresa
Bought by
Munoz Rafael and Munoz Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 2012
Sold by
Leyva Jesus
Bought by
Arroyo Teresa and Munoz Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2006
Sold by
Leyva Rosalia
Bought by
Leyva Jesus

Purchase Details

Closed on
May 8, 2006
Sold by
Rodriguez Rebeca
Bought by
Leyva Jesus and Leyva Rosalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
7.59%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 7, 2005
Sold by
Rodriguez Pedro
Bought by
Rodriguez Rebeca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 1, 2005
Sold by
Hernandez Richard
Bought by
Rodriguez Rebeca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 15, 2005
Sold by
Ramirez Gloria Vivian
Bought by
Hernandez Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 12, 2005
Sold by
The Trust Of Manuel Hernandez
Bought by
Ramirez Gloria Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 1997
Sold by
Hernandez Manuel
Bought by
The Trust Of Manuel Hernandez

Purchase Details

Closed on
Sep 14, 1995
Sold by
Hernandez Joseph M
Bought by
Hernandez Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,500
Interest Rate
7.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Herrera Rene -- Orange Coast Title Company
Herrera Rene $350,000 Wfg
Munoz Rafael -- Wfg
Arroyo Teresa $265,000 None Available
Leyva Jesus -- None Available
Leyva Jesus $510,000 Fidelity National Title Co
Rodriguez Rebeca -- Security Union Title
Rodriguez Rebeca $425,000 Security Union Title
Hernandez Richard J $390,000 Security Union Title
Ramirez Gloria Vivian -- --
The Trust Of Manuel Hernandez -- --
Hernandez Manuel -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Rene $338,000
Closed Herrera Rene $343,660
Previous Owner Munoz Rafael $343,660
Previous Owner Arroyo Teresa $198,750
Previous Owner Leyva Jesus $408,000
Previous Owner Rodriguez Rebeca $85,000
Previous Owner Rodriguez Rebeca $340,000
Previous Owner Hernandez Richard J $150,000
Previous Owner Hernandez Manuel $33,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2013 06/11/13 Sold $350,000 +4.5% $254 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $335,000 -- $243 / 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 $5,707 $430,989 $246,282 $184,707
2024 $5,707 $422,539 $241,453 $181,086
2023 $5,446 $414,255 $236,719 $177,536
2022 $5,350 $406,133 $232,078 $174,055
2021 $5,229 $398,171 $227,528 $170,643
2019 $5,181 $386,363 $220,780 $165,583
2018 $4,975 $378,788 $216,451 $162,337
2016 $4,788 $364,081 $208,047 $156,034
2015 $4,715 $358,613 $204,922 $153,691
2014 $4,478 $351,589 $200,908 $150,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB13065331

California Regional Multiple Listing Service (CRMLS)

APN: 8178-031-023