NOT LISTED FOR SALE

1212 Ravenna Ave Wilmington, CA 90744

Estimated Value: $682,000 - $815,696

3 Beds
2 Baths
1,697 Sq Ft
$435/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $595,000 $351 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,543/month

15 Days on Market

About This Home

As of January 2022

Great opportunity to live in one and rent the other. Duplex located in desirable area in Wilmington. Nearly 1700 sq ft of living space sitting on a large 7100 sq ft lot size. The front unit is a one bedroom one bath. The back unit is two bedroom and one bath. Detached three car garage in the back. Huge backyard perfect to add ADU or additional units. This will not last priced to sell quickly.

Last Agent to Sell the Property

Phillip Nunez

Keller Williams Realty License #01421807 Listed on: 12/14/2021

Keller Williams Realty

Last Buyer's Agent

Phillip Nunez

Keller Williams Realty License #01421807 Listed on: 12/14/2021

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,822

Year Built

  • Built in 1941

Lot Details

  • 7,104 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,697 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Private Water Source

Listing and Financial Details

  • Tax Lot 180
  • Tax Tract Number 573
  • Assessor Parcel Number 7420012028
  • $373 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,822

Year Built

Built in 1941

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 250000
  • Property Attached: No
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 7420012028
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 350.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7104.00
  • Lot Size Acres: 0.1631

Multi Family

  • Lot Size Area: 7104.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2945.20
  • Tax Lot: 180
  • Tax Tract Number: 573
  • TaxOtherAnnualAssessmentAmount: 373.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2021
Closed on
Jan 8, 2022
Sold by
David Lewis Living Trust
Bought by
Rim Charles A
Seller's Agent
Phillip Nunez
Keller Williams Realty
Buyer's Agent
Phillip Nunez
Keller Williams Realty
List Price
$500,000
Sold Price
$595,000
Premium/Discount to List
$95,000
19%
Current Estimated Value
$714,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,026
Avg. Annual Appreciation
5.17%

Purchase Details

Closed on
Dec 20, 2020
Sold by
Lewis David
Bought by
Lewis David and Lewis Anthony Michael

Purchase Details

Closed on
Mar 3, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lewis David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.86%

Purchase Details

Closed on
Nov 13, 1996
Sold by
Homeside Lending Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 12, 1996
Sold by
Basallo Melvin Z
Bought by
Homeside Lending Inc and Bancboston Mtg Corp
Source: Public Records

Range of Values:

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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
Rim Charles A $595,000 Endpoint Title
Lewis David -- None Available
Lewis David $115,000 First American Title Co
Federal Home Loan Mortgage Corporation -- First Southwestern Title Co
Homeside Lending Inc $115,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis David $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $595,000 0.0% $351 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
12/29/2021 12/29/21 Off Market $595,000 -- --
12/29/2021 12/29/21 For Sale $500,000 -16.0% $295 / Sq Ft
12/21/2021 12/21/21 Off Market $595,000 -- --
12/14/2021 12/14/21 For Sale $500,000 -- $295 / 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 $7,822 $631,418 $424,483 $206,935
2024 $7,822 $619,038 $416,160 $202,878
2023 $7,674 $606,900 $408,000 $198,900
2022 $2,446 $176,470 $88,235 $88,235
2021 $2,409 $173,010 $86,505 $86,505
2020 $2,428 $171,236 $85,618 $85,618
2019 $2,344 $167,880 $83,940 $83,940
2018 $2,234 $164,590 $82,295 $82,295
2016 $2,122 $158,200 $79,100 $79,100
2015 $2,094 $155,824 $77,912 $77,912
2014 $2,115 $152,772 $76,386 $76,386
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21264197

California Regional Multiple Listing Service (CRMLS)

APN: 7420-012-028