NOT LISTED FOR SALE

12109 Pine St Norwalk, CA 90650

Estimated Value: $906,000 - $1,036,000

4 Beds
3 Baths
1,752 Sq Ft
$560/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $590,000 $337 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,889/month

8 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Rectangular Lot
  • Gated Parking

About This Home

As of June 2017

Great opportunity! 3 unit income property in good rental area of Norwalk. This property consists of 2 separate buildings with a single family residence up front and a duplex in rear. Front unit 2 bedrooms and 1 bath, laundry. Back units, 1 bedroom 1 bath each. Investor special or Live in one and rent the other two units. Sold "As-is" All information deemed reliable but not guaranteed, buyer & buyer's agent must verify all information and satisfy themselves.

Last Agent to Sell the Property

Francisco Avila

eHomes License #01794472 Listed on: 02/23/2017

eHomes

Co-Listed By

Jose Manjarrez

eHomes License #01829173

eHomes

Last Buyer's Agent

Jose Manjarrez

eHomes License #01829173

eHomes

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1893

Lot Details

  • 6,335 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Rectangular Lot

Home Design

  • 1,752 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Gated Parking

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 6764
  • Assessor Parcel Number 8056020011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $975

Property Details

Home Type

Multi-Family

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: NOR3YY
  • Property Type: Residential Income
  • Parcel Number: 8056020011
  • Year Built: 1893
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Price Per Square Foot: 336.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Gated
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6335.00

Multi Family

  • Insurance Expense: 975.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Area: 6764
  • Tax Census Tract: 5522.00
  • Tax Lot: 12
  • Tax Tract Number: 06764

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2017
Closed on
Jun 22, 2017
Sold by
Ramirez Jose Luis
Bought by
Pacheco Hernandez Omar Gabriel and Pacheco Hernandez Lulu
Seller's Agent
Francisco Avila
eHomes
Buyer's Agent
Jose Manjarrez
eHomes
List Price
$569,900
Sold Price
$590,000
Premium/Discount to List
$20,100
3.53%
Current Estimated Value
$981,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,345
Avg. Annual Appreciation
6.15%
Original Mortgage
$579,313
Outstanding Balance
$482,263
Interest Rate
4.05%
Mortgage Type
FHA
Estimated Equity
$499,082

Purchase Details

Closed on
Jun 13, 2006
Sold by
Ramirez Maria
Bought by
Ramirez Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 6, 2006
Sold by
Mendoza Frank and Mendoza Esther H
Bought by
Ramirez Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 14, 2002
Sold by
Su Peter K and Su Hsia H
Bought by
Cheng Hung and Cheng Li Gei H

Purchase Details

Closed on
Jul 27, 1999
Sold by
Bowden June H
Bought by
Su Peter K and Su Hsia H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Pacheco Hernandez Omar Gabriel $590,000 Lawyers Title
Ramirez Jose Luis -- Southland Title
Ramirez Jose Luis $450,000 Southland Title
Cheng Hung $113,000 Diversified Title
Su Peter K $72,500 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacheco Hernandez Omar Gabriel $579,313
Previous Owner Ramirez Jose Luis $90,000
Previous Owner Ramirez Jose Luis $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2017 06/23/17 Sold $590,000 0.0% $337 / Sq Ft
03/07/2017 03/07/17 Price Changed $590,000 +3.5% $337 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $569,900 -- $325 / 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 $8,978 $684,740 $348,173 $336,567
2024 $8,978 $671,315 $341,347 $329,968
2023 $8,673 $658,153 $334,654 $323,499
2022 $8,523 $645,249 $328,093 $317,156
2021 $8,405 $632,598 $321,660 $310,938
2020 $8,202 $626,112 $318,362 $307,750
2019 $8,166 $613,836 $312,120 $301,716
2018 $7,888 $601,800 $306,000 $295,800
2016 $6,871 $519,474 $346,319 $173,155
2015 $6,810 $511,672 $341,117 $170,555
2014 $6,346 $501,650 $334,435 $167,215
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17037001

California Regional Multiple Listing Service (CRMLS)

APN: 8056-020-011