NOT LISTED FOR SALE

Estimated Value: $759,000 - $782,000

1 Bed
1 Bath
1,712 Sq Ft
$451/Sq Ft Est. Value

Last Sold November 28, 2017

Last sale price $425,000 $248 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,610/month

15 Days on Market

About This Home

As of November 2017

Duplex perfect to rent one and live in the other. Front house has 3 bedrooms 1 bathroom. Back unit has 1 bedroom and 1 bathroom. Huge garage and private driveway access. Conveniently located less than 15 minutes from downtown, shopping centers and public transportation. Property is sold in 'as is' condition. Buyer and buyer's agent to do their own due investigation.

Last Agent to Sell the Property

Albert Ramirez

Berkshire Hathaway H.S.C.P. License #01744189 Listed on: 08/27/2017

Berkshire Hathaway H.S.C.P.

Last Buyer's Agent

Sylvia Luna

Seven Gables Real Estate License #01421645

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,026

Year Built

  • Built in 1910

Lot Details

  • 5,133 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,712 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 110
  • Tax Tract Number 110
  • Assessor Parcel Number 5104016001

Community Details

Overview

  • No Home Owners Association

Building Details

  • Rent Control
  • 1 Separate Gas Meter
  • Electric Expense $150
  • Insurance Expense $25
  • Trash Expense $100
  • Water Sewer Expense $125
  • Operating Expense $400
  • Gross Income $6,800
  • Net Operating Income $6,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,026

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 125.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5104016001
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 248.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5133.00

Multi Family

  • Electric Expense: 150.00
  • Gross Income: 6800.00
  • Gross Scheduled Income: 10800.00
  • Insurance Expense: 25.00
  • Net Operating Income: 6800.00
  • Number Of Separate Gas Meters: 1
  • Number Of Units Total: 1
  • Operating Expense: 4800.00
  • Rent Control: Yes
  • Total Expenses: 400.00

Tax Info

  • Tax Census Tract: 2291.00
  • Tax Lot: 110
  • Tax Tract Number: 110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2017
Sold by
Mendez Luis T
Bought by
Olivares Rogelio and Ramirez Teresa
Current Estimated Value
$771,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 2002
Sold by
Mendez Bernardo T
Bought by
Mendez Luis T

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
7.99%

Purchase Details

Closed on
Dec 5, 1995
Sold by
Emc Mtg Corp
Bought by
Mendez Luis T and Mendez Bernardo T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,663
Interest Rate
7.48%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 3, 1994
Sold by
Great Western Bank Fsb
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Dec 15, 1993
Sold by
California Reconveyance Company
Bought by
Great Western Bank Fsb
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
Olivares Rogelio $425,000 Orange Coast Title
Mendez Luis T -- First American Title Co
Mendez Luis T $103,000 Fidelity Title
Emc Mtg Corp $100,000 Fidelity National Title
Great Western Bank Fsb $81,172 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olivares Rogelio $417,302
Previous Owner Mendez Luis T $150,000
Previous Owner Mendez Luis T $102,663
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2017 11/28/17 Sold $425,000 +6.5% $248 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
08/27/2017 08/27/17 For Sale $399,000 -- $233 / 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 $6,026 $483,573 $369,792 $113,781
2024 $6,026 $474,092 $362,542 $111,550
2023 $5,913 $464,797 $355,434 $109,363
2022 $5,643 $455,684 $348,465 $107,219
2021 $5,569 $446,750 $341,633 $105,117
2019 $5,406 $433,780 $331,500 $102,280
2018 $5,313 $425,280 $325,000 $100,280
2017 $2,649 $203,070 $94,557 $108,513
2016 $2,573 $199,089 $92,703 $106,386
2015 $2,538 $196,099 $91,311 $104,788
2014 $2,559 $192,259 $89,523 $102,736
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17199099

California Regional Multiple Listing Service (CRMLS)

APN: 5104-016-001