NOT LISTED FOR SALE

1206 E M St Wilmington, CA 90744

Estimated Value: $705,138 - $980,000

7 Beds
4 Baths
2,640 Sq Ft
$319/Sq Ft Est. Value

Last Sold October 17, 2016

Last sale price $405,000 $153 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,998/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Wrought Iron Fence
  • Galley Kitchen
  • 2 Car Garage
  • 5-minute walk to Greenbelt Park

About This Home

As of October 2016

Located near the Historic Banning House Museum, and has Upside potential. This is a three unit building - Unit #1 - three bedroom/2 bathroom, Unit #2 two bedroom/1 bathroom, Unit #3 two bedroom/1 bathroom. Being sold 'as is' in its' present physical condition. This is a Probate Sale with Court Confirmation subject to overbids.

Last Agent to Sell the Property

Lori Herold

Lori Herold License #01052871 Listed on: 03/14/2016

Last Buyer's Agent

George Kivett

Kivett Realty License #00787579

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 4,904 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,640 Sq Ft Home
  • Living Room
  • Galley Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 564
  • Tax Tract Number 2946
  • Assessor Parcel Number 7425017032

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • Water Sewer Expense $350

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

4,904 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Water Sewer Expenses: 350.00
  • Zoning: lar2
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7425017032
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Levels: Two
  • Price Per Square Foot: 153.41
  • Room Type: Galley Kitchen, Living Room

Exterior Features

  • Foundation: Raised
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4904.00
  • Price Per Lot Square Foot: 79.32
  • Lot Size Acres: 0.1130

Multi Family

  • Lot Size Area: 4904.0000 Square Feet
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Lot: 564
  • Tax Tract Number: 2946.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2022
Sold by
Sarrola Bruno J and Sarrola Sandrine
Bought by
Bruno & Sandrine Sarrola Living Trust and Sarrola
Current Estimated Value
$842,035

Purchase Details

Closed on
Sep 15, 2020
Sold by
Sarrola Bruno J and Sarrola Bruno
Bought by
Sarrola Bruno J and Sarrola Sandrine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2017
Sold by
Tegel
Bought by
Tegel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.14%

Purchase Details

Listed on
Mar 14, 2016
Closed on
Sep 26, 2016
Sold by
Hanretty Rita A
Bought by
Sarrola Bruno
Seller's Agent
Lori Herold
Lori Herold
Buyer's Agent
George Kivett
Kivett Realty
List Price
$389,000
Sold Price
$405,000
Premium/Discount to List
$16,000
4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%

Purchase Details

Listed on
Mar 14, 2016
Closed on
Sep 23, 2016
Sold by
Sarrola Sandrine
Bought by
Sarrola Bruno
Seller's Agent
Lori Herold
Lori Herold
Buyer's Agent
George Kivett
Kivett Realty
List Price
$389,000
Sold Price
$405,000
Premium/Discount to List
$16,000
4.11%
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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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
Bruno & Sandrine Sarrola Living Trust -- None Listed On Document
Sarrola Bruno J -- First American Title Ins Co
Tegel -- --
Sarrola Bruno $405,000 Pacific Coast Title Company
Sarrola Bruno -- Pacific Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sarrola Bruno J $472,500
Previous Owner Tegel --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2016 10/17/16 Sold $405,000 +4.1% $153 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $389,000 -- $147 / 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 $5,971 $470,034 $290,145 $179,889
2024 $5,971 $460,818 $284,456 $176,362
2023 $5,861 $451,783 $278,879 $172,904
2022 $5,598 $442,925 $273,411 $169,514
2021 $5,518 $434,241 $268,050 $166,191
2019 $5,359 $421,362 $260,100 $161,262
2018 $5,269 $413,100 $255,000 $158,100
2016 $1,202 $76,995 $17,578 $59,417
2015 $1,189 $75,839 $17,314 $58,525
2014 $1,213 $74,354 $16,975 $57,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16054059

California Regional Multiple Listing Service (CRMLS)

APN: 7425-017-032

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