Seller's Agent in 2014
Martin Ensbury
Lyon Stahl Investment Real Estate, Inc.
(310) 376-4600
27 Total Sales
11916 Olive St Norwalk, CA 90650
Estimated Value: $1,292,000 - $1,750,000
10
Beds
7
Baths
3,895
Sq Ft
$382/Sq Ft
Est. Value
Highlights
- No HOA
- Double Pane Windows
- Parking Storage or Cabinetry
- Double Door Entry
- Laundry Room
- Carpet
About This Home
As of March 2014Four units with a great mix of well-maintained units including a very large, 1,600 square foot townhouse style, 4BR-2BA owner’s unit with a large kitchen with an island counter with stove top, washer dryer hookup and gas fireplace. Other units include, 3BR-2BA, 2BR-1.5BA (townhouse style) and 1BR-1BA. No rent control. Six carport spaces with storage and one uncovered space on property. All units separately metered for gas and electric. Owner owned laundry equipment. New 40 year roof installed in 2007. All inside plumbing fixtures replaced. Great location in quiet neighborhood less than five minutes from the I-5 freeway. Close to schools, hospital, parks and area employers. Large units: 4BR- 1,600 SF; 3BR- 1,250 SF; 2BR- 1,000 SF; 1BR- 625 SF.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #00815392 Listed on: 10/17/2013
Last Buyer's Agent
Lyon Stahl Investment Real Estate, Inc. License #00815392 Listed on: 10/17/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,176
Year Built
- Built in 1965 | Remodeled
Lot Details
- 6,750 Sq Ft Lot
- 1 Common Wall
- Block Wall Fence
- Density is up to 1 Unit/Acre
Home Design
- Property Attached
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 3,895 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Double Door Entry
- Carpet
- Formica Countertops
Bedrooms and Bathrooms
- 10 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Parking
- 7 Car Garage
- 6 Carport Spaces
- Parking Storage or Cabinetry
- Parking Available
- Driveway
- Automatic Gate
Additional Features
- Suburban Location
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 55
- Tax Tract Number 5348
- Assessor Parcel Number 8048019005
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Electric Expense $442
- Gardener Expense $600
- Insurance Expense $1,006
- Professional Management Expense $3,551
- Trash Expense $1,871
- Water Sewer Expense $3,440
- New Taxes Expense $9,620
- Gross Income $5,919
- Net Operating Income $44,464
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2013
Closed on
Feb 17, 2014
Sold by
Johnson William G
Bought by
Leberthon Brian and Leberthon Salvacion
Seller's Agent
Martin Ensbury
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Martin Ensbury
Lyon Stahl Investment Real Estate, Inc.
List Price
$875,000
Sold Price
$785,000
Premium/Discount to List
-$90,000
-10.29%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$701,279
Avg. Annual Appreciation
5.74%
Purchase Details
Closed on
Sep 28, 2006
Sold by
Johnson William G and Johnson Rose M
Bought by
Johnson William G
Purchase Details
Closed on
Nov 26, 2003
Sold by
Plotkin Dorry
Bought by
Johnson William G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,500
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 9, 2003
Sold by
Plotkin Bonnie
Bought by
Plotkin Dorry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.6%
Mortgage Type
Unknown
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Leberthon Brian | $785,000 | Fidelity National Title | |
| Johnson William G | -- | None Available | |
| Johnson William G | -- | None Available | |
| Johnson William G | $625,000 | Orange Coast Title | |
| Plotkin Dorry | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Johnson William G | $355,000 | |
| Previous Owner | Johnson William G | $366,500 | |
| Previous Owner | Plotkin Dorry | $230,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2014 03/18/14 | Sold | $785,000 | -10.3% | $202 / Sq Ft |
| 02/09/2014 02/09/14 | Pending | -- | -- | -- |
| 10/17/2013 10/17/13 | For Sale | $875,000 | -- | $225 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $13,176 | $962,294 | $612,928 | $349,366 |
| 2024 | $13,176 | $943,426 | $600,910 | $342,516 |
| 2023 | $12,747 | $924,928 | $589,128 | $335,800 |
| 2022 | $12,538 | $906,793 | $577,577 | $329,216 |
| 2021 | $12,362 | $889,013 | $566,252 | $322,761 |
| 2019 | $12,026 | $863,326 | $549,457 | $313,869 |
| 2018 | $11,614 | $846,413 | $538,684 | $307,729 |
| 2016 | $11,096 | $812,894 | $517,767 | $295,127 |
| 2015 | $11,788 | $800,684 | $509,990 | $290,694 |
| 2014 | $9,594 | $724,888 | $260,958 | $463,930 |
Source: Public Records
Agents Affiliated with this Home
-
Martin Ensbury
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB13245121
APN: 8048-019-005
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