NOT LISTED FOR SALE

Estimated Value: $726,000 - $882,000

2 Beds
1 Bath
1,092 Sq Ft
$725/Sq Ft Est. Value

Last Sold February 27, 2014

Last sale price $252,000 $231 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $4,488/month

21 Days on Market

About This Home

As of February 2014

Major fixer upper..

Last Agent to Sell the Property

Josie Andrade

First Team Real Estate License #01275662 Listed on: 12/12/2013

First Team Real Estate

Co-Listed By

Rodney Johnson

eXp Realty of California Inc. License #00871003

Last Buyer's Agent

Josie Andrade

First Team Real Estate License #01275662 Listed on: 12/12/2013

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,188 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 4 Parking Spaces

Home Design

  • 1,092 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7059012016

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $450
  • Trash Expense $480
  • New Taxes Expense $2,562
  • Gross Income $2,000
  • Net Operating Income $23,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: East Lakewood (ELK)
  • Property Type: Residential Income
  • Parcel Number: 7059012016
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 230.77

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6188.00
  • Lot Size Acres: 0.1420

Multi Family

  • Gross Income: 2000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 450.00
  • Lot Size Area: 6188.0000 Square Feet
  • Net Operating Income: 23350.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 650.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2562.00
  • Tax Lot: 1
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2015
Sold by
Ankers John W
Bought by
Ankers Family Trust
Current Estimated Value
$791,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Outstanding Balance
$225,690
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$566,015

Purchase Details

Closed on
Feb 11, 2015
Sold by
Ankers Sherry
Bought by
Ankers John W and Ankers Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Outstanding Balance
$225,690
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$566,015

Purchase Details

Listed on
Dec 12, 2013
Closed on
Jan 8, 2014
Sold by
Brown Scott E
Bought by
Ankers Sherry and 209Th Street Trust #11601
Seller's Agent
Josie Andrade
First Team Real Estate
Buyer's Agent
Josie Andrade
First Team Real Estate
List Price
$25,000
Sold Price
$252,000
Premium/Discount to List
$227,000
908%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
Original Mortgage
$201,600
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2006
Sold by
Khouri George A
Bought by
Khouri George A and George A Khouri Living Trust

Purchase Details

Closed on
Aug 19, 2003
Sold by
Khouri George A
Bought by
Khouri George A

Purchase Details

Closed on
Jun 25, 1999
Sold by
Khouri Suzanne
Bought by
Khouri George A
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
Ankers Family Trust -- Pacific Coast Title Company
Ankers John W -- Pacific Coast Title Company
Ankers Sherry $252,000 Orange Coast Title Company O
Khouri George A -- None Available
Khouri George A -- --
Khouri George A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ankers Family Trust $295,000
Closed Ankers John W $295,000
Previous Owner Ankers Sherry $201,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2014 02/27/14 Sold $252,000 +908.0% $231 / Sq Ft
01/02/2014 01/02/14 Pending -- -- --
12/12/2013 12/12/13 For Sale $25,000 -- $23 / 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 $4,220 $308,905 $220,649 $88,256
2024 $4,220 $302,849 $216,323 $86,526
2023 $4,033 $296,912 $212,082 $84,830
2022 $3,973 $291,091 $207,924 $83,167
2021 $3,885 $285,385 $203,848 $81,537
2019 $3,801 $276,921 $197,802 $79,119
2018 $3,479 $271,492 $193,924 $77,568
2016 $3,342 $260,952 $186,395 $74,557
2015 $3,528 $257,034 $183,596 $73,438
2014 $3,381 $250,000 $175,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13246681

California Regional Multiple Listing Service (CRMLS)

APN: 7059-012-016