NOT LISTED FOR SALE

Estimated Value: $990,000 - $1,552,000

4 Beds
3 Baths
1,125 Sq Ft
$1,153/Sq Ft Est. Value

Last Sold January 15, 2014

Last sale price $595,000 $529 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $7,762/month

29 Days on Market

Highlights

  • A-Frame Home
  • ADA Compliant
  • 1-Story Property
  • John Marshall Senior High Rated A
  • Central Air
  • 5-minute walk to Madison Avenue Park

About This Home

As of January 2014

Units are Tenant occupied. Units are under Rent Control.

Last Agent to Sell the Property

Patricia Lang

Pat Lang Realty License #00525140 Listed on: 08/12/2013

Last Buyer's Agent

Swan Moon

Compass License #01419259

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,971

Year Built

  • Built in 1911

Lot Details

  • 6,249

Home Design

  • A-Frame Home
  • Cosmetic Repairs Needed
  • Frame Construction

Interior Spaces

  • 1,125 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Utilities

  • Central Air
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • ADA Compliant
  • 6,249 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Assessor Parcel Number 5542-025-020

Community Details

Overview

  • Association fees include water and sewer paid
  • 2 Buildings
  • 2 Units

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,971

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: A-Frame
  • Street Number Display: Yes
  • ADA Compliant: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 1125
  • Property Condition: Repair Cosmetic
  • Stories: 1
  • Year Built: 1911
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 577.78

Exterior Features

  • Construction: Frame
  • Other Features: Two On A Lot
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling: Central
  • Heating: Wall
  • Sewer: In Connected and Paid
  • Water: Meter on Property
  • Water Expense: 180.00

Condo/Co-op/Association

  • Association Fees Include: Water and Sewer Paid

Association/Amenities

  • Pet Rules: Call

Fee Information

  • Insurance Expense: 33.00

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 27.19
  • Assessed Improvement Value: 9540
  • Assessed Land Value: 25548
  • Total Assessed Value: 35088
  • Assessor Parcel Number: 5542-025-020
  • Geocode Override: No
  • Lot Size Area: 6249

Rental Info

  • Total Actual Rent: 18444.00
  • Owner Pays: Water
  • Tenant Pays: Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 487.00
  • Number Of Units: 2
  • Rent Control: 2
  • Total Annual Expense: 1880
  • Type Of Units: residenta
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 33.00
  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2024
Sold by
Kimm Veronnica
Bought by
Kimm Family Trust and Kimm
Current Estimated Value
$1,297,323

Purchase Details

Listed on
Aug 12, 2013
Closed on
Jan 6, 2014
Sold by
Oliver Beatrice Riley and Smith Living Trust
Bought by
Kimm Veronica C
Seller's Agent
Patricia Lang
Pat Lang Realty
Buyer's Agent
Swan Moon
Compass
List Price
$600,000
Sold Price
$595,000
Premium/Discount to List
-$5,000
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$476,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2006
Sold by
Smith James Walter
Bought by
Smith James Walter and Smith Living Trust
Source: Public Records

Range of Values:

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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
Kimm Family Trust -- None Listed On Document
Kimm Veronica C $595,000 Orange Coast Title Co Of Sou
Smith James Walter -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kimm Veronnica C $490,000
Previous Owner Kimm Veronnica C $421,000
Previous Owner Kimm Veronnica C $465,000
Previous Owner Kimm Veronica C $476,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2014 01/15/14 Sold $595,000 -0.8% $529 / Sq Ft
09/10/2013 09/10/13 Pending -- -- --
08/12/2013 08/12/13 For Sale $600,000 -- $533 / Sq Ft
Source: The MLS

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 $8,971 $729,377 $437,627 $291,750
2024 $8,971 $715,077 $429,047 $286,030
2023 $8,800 $701,057 $420,635 $280,422
2022 $8,396 $687,312 $412,388 $274,924
2021 $8,290 $673,836 $404,302 $269,534
2020 $8,371 $666,928 $400,157 $266,771
2019 $8,045 $653,852 $392,311 $261,541
2018 $7,927 $641,032 $384,619 $256,413
2016 $7,570 $616,142 $369,685 $246,457
2015 $7,461 $606,887 $364,132 $242,755
2014 $681 $35,950 $26,176 $9,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-696155

The MLS

APN: 5542-025-020