NOT LISTED FOR SALE

12114 Wright Rd Lynwood, CA 90262

Estimated Value: $796,000 - $993,000

6 Beds
2 Baths
2,060 Sq Ft
$434/Sq Ft Est. Value

Last Sold August 23, 2013

Last sale price $425,000 $206 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,311/month

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room
  • Cape Cod Architecture
  • Double Pane Windows
  • Tile Flooring

About This Home

As of August 2013

2 Units.
REMODELED 2 SEPARATE HOUSES ON A BIG LOT, 2 SEPARATE DRIVEWAYS, FRONT HOUSE 2BD. 1BTH. 2-CAR ATTACHED GARAGE WITH OWN DRIVE-WAY ALSO YARD IN FRONT WITH BACK YARD,WASHER,DRYER HOOKUP IN GARAGES .MOVE-IN CONDITION.
BACK UNIT 4BD.1.75BTH. 2-CAR ATTACHED GARAGE WITH OWN DRIVE-WAY HAS IT'S OWN BIG YARD IN REAR WITH TREE'S AND SHADE ALSO A STORAGE SHED IN REAR ALL PERMITED MOVE-IN CONDITION. BIG LOT SIZE:60X158 GOOD LOCATION NEAR FWY. (105) &(710) UNIQUE ONE OF A KIND. BOTH UNITS HAVE NEW INTERIOR,EXTERIOR PAINT,NEW DOUBLE PANE WINDOWS , NEW LIGHT FIXTURES,NEW TILE FLOORS, TILE BATHROOMS,CARPET,GRANITE COUNTER TOP IN KITCHEN & TILE,UPGRADED ELECTRICAL.ALL WORK DONE WITH CITY PERMITS

Last Agent to Sell the Property

Arturo Basulto

Basulto Real Estate Services License #01123633 Listed on: 05/24/2013

Last Buyer's Agent

Arturo Basulto

Basulto Real Estate Services License #01123633 Listed on: 05/24/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 9,491 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 4 Car Garage
  • 1 Carport Space
  • Parking Available
  • Driveway

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,060 Sq Ft Home
  • Double Pane Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 115
  • Tax Tract Number 5686
  • Assessor Parcel Number 6188017003

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $580
  • Trash Expense $720
  • Water Sewer Expense $1,440
  • New Taxes Expense $5,312
  • Gross Income $3,180
  • Net Operating Income $1,908

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1440.00
  • Zoning: R3
  • Architectural Style: Cape Cod
  • Property Type: Residential Income
  • Parcel Number: 6188017003
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 206.31
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: In Garage
  • Trash Expense: 720.00

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 9491.00
  • Lot Size Acres: 0.2180

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3180.00
  • Gross Scheduled Income: 38160.00
  • Insurance Expense: 580.00
  • Lot Size Area: 9491.0000 Square Feet
  • Net Operating Income: 1908.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1908.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5312.00
  • Tax Lot: 115
  • Tax Tract Number: 5686

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2013
Closed on
Jun 3, 2013
Sold by
Lee Chang Joon and Lee Young Sook
Bought by
Sepulveda Catherine Pauline
Seller's Agent
Bob Peck
CENTURY 21 LOIS LAUER REALTY
Buyer's Agent
Arturo Basulto
Basulto Real Estate Services
List Price
$320,000
Sold Price
$325,000
Premium/Discount to List
$5,000
1.56%
Current Estimated Value
$894,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$569,774
Avg. Annual Appreciation
8.26%
Original Mortgage
$417,302
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 6, 2013
Closed on
Apr 5, 2013
Sold by
Prentice Loren
Bought by
Prentice Lisa C
Seller's Agent
Bob Peck
CENTURY 21 LOIS LAUER REALTY
Buyer's Agent
Arturo Basulto
Basulto Real Estate Services
List Price
$320,000
Sold Price
$325,000
Premium/Discount to List
$5,000
1.56%

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
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 6, 2013
Closed on
Apr 1, 2013
Sold by
Palardy Mark J
Bought by
Prentice Loren and The Edwidge Irrevocable Trust
Seller's Agent
Bob Peck
CENTURY 21 LOIS LAUER REALTY
Buyer's Agent
Arturo Basulto
Basulto Real Estate Services
List Price
$320,000
Sold Price
$325,000
Premium/Discount to List
$5,000
1.56%

Purchase Details

Listed on
Mar 6, 2013
Closed on
Mar 19, 2013
Sold by
Prentice Loren and The Edwidge Irrevocable Trust
Bought by
Lee Chang Joon and Lee Young Sook
Seller's Agent
Bob Peck
CENTURY 21 LOIS LAUER REALTY
Buyer's Agent
Arturo Basulto
Basulto Real Estate Services
List Price
$320,000
Sold Price
$325,000
Premium/Discount to List
$5,000
1.56%

Purchase Details

Closed on
Apr 9, 2012
Sold by
Prentice Lisa C and Estate Of Patricia A Palardy
Bought by
Prentice Loren and Edwidge Irrevocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sepulveda Catherine Pauline $425,000 Stewart Title
Prentice Lisa C -- Stewart Title
Prentice Loren -- Stewart Title Riverside
Lee Chang Joon $325,000 Stewart Title Riverside
Prentice Loren -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sepulveda Catherine Pauline $417,302
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2013 08/23/13 Sold $425,000 -3.4% $206 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $439,889 +35.4% $214 / Sq Ft
04/04/2013 04/04/13 Sold $325,000 0.0% $158 / Sq Ft View Prior Sale
04/04/2013 04/04/13 Sold $325,000 +1.6% $158 / Sq Ft View Prior Sale
03/13/2013 03/13/13 Pending -- -- --
03/12/2013 03/12/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $320,000 0.0% $155 / Sq Ft
11/13/2003 11/13/03 For Sale $320,000 -- $155 / 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 $7,584 $520,979 $196,130 $324,849
2024 $7,584 $510,765 $192,285 $318,480
2023 $7,530 $500,751 $188,515 $312,236
2022 $7,264 $490,933 $184,819 $306,114
2021 $6,999 $481,308 $181,196 $300,112
2020 $6,718 $476,374 $179,339 $297,035
2019 $7,168 $467,034 $175,823 $291,211
2018 $6,577 $457,877 $172,376 $285,501
2016 $6,134 $440,099 $165,684 $274,415
2015 $6,014 $433,490 $163,196 $270,294
2014 $5,880 $425,000 $160,000 $265,000
Source: Public Records

Agents Affiliated with this Home

  • Bob Peck

    Seller's Agent in 2013

    Bob Peck

    CENTURY 21 LOIS LAUER REALTY

    (909) 337-6111

    3 Total Sales

    Bob Peck
    Section Image
  • Arturo Basulto

    Seller's Agent in 2013

    Arturo Basulto

    Basulto Real Estate Services

    (562) 776-8813

    Arturo Basulto
    Section Image

  • O

    Buyer's Agent in 2013

    Out Of Area Agent

    Out Of Area Office

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13097836

California Regional Multiple Listing Service (CRMLS)

APN: 6188-017-003

California Los Angeles County Lynwood 90262

12114 Wright Rd, Lynwood, CA

Not Listed for Sale

MultiFamily

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