NOT LISTED FOR SALE

Estimated Value: $1,380,000 - $1,978,471

5 Beds
3 Baths
2,441 Sq Ft
$700/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $783,000 $321 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $10,040/month

10 Days on Market

Highlights

  • Traditional Architecture
  • Venice High School Rated A
  • 3 Car Attached Garage

About This Home

As of December 2012

Located at the end of a cul-de-sac, this attractive 2 story triplex is perfect for an owner/user.The building consists of 2 (2bedroom/1baths) and 1 (1 bedroom/1 bath). All units are roomy.The potential owner's unit has a remodeled kitchen, bathroom and a yard with a patio..The upstairs unit features a vaulted beam ceiling, remodeled kitchen and bathroom. All units have decks/patios. 3 separate garages. 2 garages are not used by tenants and can be rented out for approx. $150 each, for an additional $3,600/yr. Hook-ups for washer/dryers. Newer plumbing and roof. Please do not go on property!

Last Agent to Sell the Property

Nanci Edwards

Power Brokers License #00822889 Listed on: 10/23/2012

Power Brokers

Last Buyer's Agent

Helene Lesel

Exclusive Realty Inc License #01232327

Exclusive Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,764

Year Built

  • Built in 1954

Lot Details

  • 5,410

Parking

  • 3 Car Attached Garage

Home Design

  • 2,441 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Shingle Roof
  • Composition Roof

Kitchen

  • Dishwasher
  • Disposal

Additional Features

  • 5,410 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4232-004-055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,764

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2441
  • Year Built: 1954
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal
  • Price Per S Q F T: 317.49

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition, Shingle
  • View: No

Garage/Parking

  • Parking Garage: Attached, Private Garage
  • Total Parking: 3

Utilities

  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 4232-004-055
  • Lot Size Area: 5410

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 6240
  • Type Of Units: Triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2012
Closed on
Dec 12, 2012
Sold by
Pressman Damon and Pressman Julie
Bought by
Pressman Damon and Pressman Julie Schames
Seller's Agent
Nanci Edwards
Power Brokers
Buyer's Agent
Helene Lesel
Exclusive Realty Inc
List Price
$775,000
Sold Price
$783,000
Premium/Discount to List
$8,000
1.03%
Current Estimated Value
$1,708,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$925,868
Avg. Annual Appreciation
6.31%
Original Mortgage
$388,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 23, 2012
Closed on
Nov 13, 2012
Sold by
Robinson Walter B and Robinson Andrea L
Bought by
Pressman Damon and Pressman Julie
Seller's Agent
Nanci Edwards
Power Brokers
Buyer's Agent
Helene Lesel
Exclusive Realty Inc
List Price
$775,000
Sold Price
$783,000
Premium/Discount to List
$8,000
1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2007
Sold by
Robinson Walter B and Robinson Andrea L
Bought by
Robinson Walter B and Robinson Andrea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 1994
Sold by
Robinson Walter B and Robinson Andrea L
Bought by
Robinson 1992 Revocable 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
Pressman Damon -- Advantage Title Co
Pressman Damon $783,000 Title 365
Robinson Walter B -- None Available
Robinson Walter B -- Fidelity National Title Co
Robinson 1992 Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pressman Damon $388,000
Previous Owner Robinson Walter B $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2012 12/31/12 Sold $783,000 +1.0% $321 / Sq Ft
11/02/2012 11/02/12 Pending -- -- --
10/23/2012 10/23/12 For Sale $775,000 -- $317 / 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 $11,764 $964,192 $674,814 $289,378
2024 $11,764 $945,287 $661,583 $283,704
2023 $11,543 $926,753 $648,611 $278,142
2022 $11,015 $908,583 $635,894 $272,689
2021 $10,872 $890,769 $623,426 $267,343
2019 $10,551 $864,350 $604,936 $259,414
2018 $10,451 $847,403 $593,075 $254,328
2016 $9,987 $814,500 $570,047 $244,453
2015 $9,843 $802,267 $561,485 $240,782
2014 $9,890 $786,553 $550,487 $236,066
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-631841

The MLS

APN: 4232-004-055