NOT LISTED FOR SALE

11731 Bellman Ave Downey, CA 90241

Estimated Value: $786,000 - $1,008,000

4 Beds
2 Baths
1,676 Sq Ft
$536/Sq Ft Est. Value

Sale Details

Date Sold: October 1, 2012

Last sale price $425,000 $254 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,433 / mo

147 Days on Market

Highlights

  • Bungalow
  • Carpet
  • No Heating
  • Downey High School Rated A-

About This Home

As of October 2012

Bring your buyers! Best opportunity in Downey.Perfect for someone who needs full size in-law quarters. Two Homes on one lot with no adjoining walls. Located on a large parcel. Close to Downey Landing and highly sought after schools. Each unit has 2 bedrooms 1 bathroom. Rear home also has a den and attached garage. Standard sale.

Last Agent to Sell the Property

Yvette Chasse

Harcourts Prime Properties License #01347827 Listed on: 04/16/2012

Harcourts Prime Properties

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 6,852

Parking

  • 2 Car Garage

Home Design

  • 1,676 Sq Ft Home
  • Bungalow
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Laminate

Additional Features

  • 6,852 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 0.1
  • Tax Tract Number 18042
  • Assessor Parcel Number 6255022035

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Professional Management Expense $100
  • Gross Income $2,600
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

6,852 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 6.52
  • Professional Management Expense: 100.00
  • View: No
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 6255022035
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Appliances: No
  • Price Per Square Foot: 253.58

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 7.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6852.00
  • Lot Size Acres: 0.1570

Multi Family

  • Gross Income: 2600.00
  • Gross Multiplier: 14.74
  • Gross Scheduled Income: 31200.00
  • Lot Size Area: 6852.0000 Square Feet
  • Net Operating Income: 30000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 100.00

Tax Info

  • Tax Area: 3304
  • Tax Lot: 0.1
  • Tax Tract Number: 18042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2012
Closed on
Sep 28, 2012
Sold by
Pickee Peter
Bought by
Pickee Kimberly J
Seller's Agent
Yvette Chasse
Harcourts Prime Properties
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$525,000
Sold Price
$425,000
Premium/Discount to List
-$100,000
-19.05%
Current Estimated Value
$896,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,189
Avg. Annual Appreciation
5.62%

Purchase Details

Listed on
Apr 16, 2012
Closed on
Sep 12, 2012
Sold by
Dowlin Jenna M and Pickee Kimberly J
Bought by
Shams Abbas and Shams Gloria J
Seller's Agent
Yvette Chasse
Harcourts Prime Properties
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$525,000
Sold Price
$425,000
Premium/Discount to List
-$100,000
-19.05%

Purchase Details

Closed on
Nov 2, 2010
Sold by
Dowlin Jenna M and Pickee Kimberly J
Bought by
Dowlin Jenna M and Pickee Kimberly J
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Pickee Kimberly J -- Orange Coast Title Company
Dowlin Jenna M -- Orange Coast Title Company
Shams Abbas $425,000 Orange Coast Title Company
Dowlin Jenna M -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2012 10/01/12 Sold $425,000 -19.0% $254 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
04/16/2012 04/16/12 For Sale $525,000 -- $313 / 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 $6,878 $523,345 $307,852 $215,493
2024 $6,760 $513,084 $301,816 $211,268
2023 $6,535 $503,025 $295,899 $207,126
2022 $6,213 $493,163 $290,098 $203,065
2021 $6,056 $483,494 $284,410 $199,084
2020 $5,966 $478,537 $281,494 $197,043
2019 $5,885 $469,155 $275,975 $193,180
2018 $5,690 $459,957 $270,564 $189,393
2016 $5,517 $442,098 $260,058 $182,040
2015 $5,439 $435,458 $256,152 $179,306
2014 $5,139 $426,929 $251,135 $175,794
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S694752

California Regional Multiple Listing Service (CRMLS)

APN: 6255-022-035

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