NOT LISTED FOR SALE

11619 Muriel Dr Lynwood, CA 90262

Estimated Value: $744,000 - $824,000

4 Beds
2 Baths
1,685 Sq Ft
$459/Sq Ft Est. Value

Last Sold January 17, 2017

Last sale price $459,000 $272 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,658/month

23 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 4-minute walk to Ricardo Lara Linear Park
  • Laundry Room
  • Patio Home

About This Home

As of January 2017

This is a duplex property for great investment, live in the front unit and rent out the back unit. The property SOLD AS IS. This properties does NOT qualify FHA. Also, the A/C unit is not in good working order. The roof , windows, paint, and electrical wiring are three years old. The properties need some interior TLC. The property sale includes bird house, fountain, a patio that has a BBQ and a lunch cement table and surrounded with other benches. it also has a lot of fruit trees including, avocado, mango, and apples etc. It has great potential. Buyer must verify all permits.

Last Agent to Sell the Property

Manuel Marquez

Golden California License #01223058 Listed on: 10/10/2016

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 8,102 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Patio Home

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Indoor Grill
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 26
  • Tax Tract Number 14785
  • Assessor Parcel Number 6187025027

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $140
  • Water Sewer Expense $120
  • New Taxes Expense $2,728
  • Gross Income $2,800
  • Net Operating Income $2,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 120.00
  • Zoning: LYR3YY
  • Property Type: Residential Income
  • Parcel Number: 6187025027
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Indoor Grill
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 140.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Patio Home
  • Lot Size Sq Ft: 8102.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2800.00
  • Gross Scheduled Income: 2800.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 2100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 700.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2728.00
  • Tax Census Tract: 5401.02
  • Tax Lot: 26
  • Tax Tract Number: 14785

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2020
Sold by
Arreola Arnulfo and Camacho Gloria
Bought by
Arreola Amulfo and Camacho Gloria
Current Estimated Value
$773,217

Purchase Details

Listed on
Oct 10, 2016
Closed on
Dec 21, 2016
Sold by
Ramirez Susan and Ramirez Susana Morales
Bought by
Ramirez Leticia
Seller's Agent
Manuel Marquez
Golden California
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$475,000
Sold Price
$459,000
Premium/Discount to List
-$16,000
-3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$235,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2016
Sold by
Ramirez Leticia and Susana Ramirez Revocable Trust
Bought by
Arreola Arnulfo and Camacho Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2015
Sold by
Ramirez Susana and Ramirez Susana Morales
Bought by
Ramirez Susana and Susana Ramirez Revocable Trust

Purchase Details

Closed on
Feb 3, 2012
Sold by
Ramirez Susana Morales and Ramirez Susana
Bought by
Ramirez Susana Morales
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
Arreola Amulfo -- Accommodation
Ramirez Leticia -- Lawyers Title
Arreola Arnulfo $459,000 Lawyers Title
Ramirez Susana -- None Available
Ramirez Susana Morales -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arreola Arnulfo $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2017 01/17/17 Sold $459,000 -3.4% $272 / Sq Ft
11/02/2016 11/02/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $475,000 -- $282 / 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 $7,658 $532,702 $324,961 $207,741
2024 $7,658 $522,258 $318,590 $203,668
2023 $7,603 $512,019 $312,344 $199,675
2022 $7,332 $501,980 $306,220 $195,760
2021 $7,064 $492,138 $300,216 $191,922
2020 $6,777 $487,093 $297,138 $189,955
2019 $7,237 $477,543 $291,312 $186,231
2018 $6,653 $468,180 $285,600 $182,580
2016 $2,729 $179,447 $73,499 $105,948
2015 $2,676 $176,752 $72,395 $104,357
2014 $2,628 $173,290 $70,977 $102,313
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16725092

California Regional Multiple Listing Service (CRMLS)

APN: 6187-025-027