NOT LISTED FOR SALE

12318 Painter Ave Whittier, CA 90605

South Whittier Neighborhood

Estimated Value: $1,010,000 - $1,639,000

6 Beds
5 Baths
3,916 Sq Ft
$331/Sq Ft Est. Value

Last Sold August 05, 2014

Last sale price $700,000 $179 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $7,657/month

394 Days on Market

About This Home

As of August 2014

Spectacular 2 Homes on one lot! First home features 4 bedrooms 3 bathrooms and close to 3,000
sqft of living space! Home features recess lighting throughout, beautiful tile and hardwood flooring throughout,
large gourmet kitchen with stainless steel appliances, and a custom staircase leads you to the second floor. With a
main master-bedroom retreat complete with walk-in shower and separate Jacuzzi, along side his and her vanities, and
separate walk-in closet, this master retreat was designed with the utmost attention to detail. Second floor also boasts a
2nd master bedroom with bathroom, additional bedroom, hallway bathroom, and laundry room. Beautiful custom yard
with BBQ pit and drip irrigation system complete this beautiful home!

Last Agent to Sell the Property

Abraham Sandoval

Investorforeclose Real Estate License #01854398 Listed on: 05/04/2013

Last Buyer's Agent

David Soares

Corcoran Global Living License #00952268

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,561

Year Built

  • Built in 1948

Lot Details

  • 9,344 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Garage

Home Design

  • 3,916 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 10444
  • Assessor Parcel Number 8026036008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $800
  • Insurance Expense $500
  • Trash Expense $363
  • Water Sewer Expense $2,500
  • New Taxes Expense $5,555
  • Gross Income $4,350
  • Net Operating Income $39,672

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,561

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 2500.00
  • Property Type: Residential Income
  • Parcel Number: 8026036008
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 178.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 363.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 9344.00
  • Lot Size Acres: 0.2150

Multi Family

  • Electric Expense: 800.00
  • Gross Income: 4350.00
  • Gross Scheduled Income: 52200.00
  • Insurance Expense: 500.00
  • Lot Size Area: 9344.0000 Square Feet
  • Net Operating Income: 39672.00
  • 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: 9918.00
  • Operating Expense Percent: 20.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5555.00
  • Tax Lot: 35
  • Tax Tract Number: 10444
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2013
Closed on
Jun 18, 2014
Sold by
Stremitz Esteban
Bought by
Martinez David Gomez and Valdivia Gomez Araceli
Seller's Agent
Abraham Sandoval
Investorforeclose Real Estate
Buyer's Agent
David Soares
Corcoran Global Living
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$1,294,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,799
Avg. Annual Appreciation
5.62%
Original Mortgage
$687,321
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 2001
Sold by
Sigala Juan and Sigala Elva
Bought by
Stremiz Esteban

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.39%

Purchase Details

Closed on
Oct 3, 2000
Sold by
Sigala Juan and Sigala Elva
Bought by
Sigala Juan and Sigala Elva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.08%

Purchase Details

Closed on
Sep 17, 1993
Sold by
Vancini Ismael
Bought by
Sigala Juan and Sigala Elva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.13%
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
Martinez David Gomez $700,000 First American Title Company
Stremiz Esteban $145,000 Southland Title Company
Sigala Juan -- Southland Title
Sigala Juan -- Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez David Gomez $687,321
Previous Owner Stremiz Esteban $130,500
Previous Owner Sigala Juan $120,000
Previous Owner Sigala Juan $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2014 08/05/14 Sold $700,000 0.0% $179 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
05/04/2013 05/04/13 For Sale $700,000 -- $179 / 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 $10,561 $841,288 $480,737 $360,551
2024 $10,561 $824,793 $471,311 $353,482
2023 $10,066 $808,621 $462,070 $346,551
2022 $10,144 $792,766 $453,010 $339,756
2021 $9,924 $777,223 $444,128 $333,095
2020 $9,819 $769,255 $439,575 $329,680
2019 $9,754 $754,172 $430,956 $323,216
2018 $9,399 $739,385 $422,506 $316,879
2016 $8,922 $710,675 $406,100 $304,575
2015 $8,699 $700,000 $400,000 $300,000
2014 $5,732 $443,423 $132,556 $310,867
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Abraham Sandoval

    Investorforeclose Real Estate

    (562) 307-0266

    2 Total Sales

    Abraham Sandoval
    Section Image

  • D

    Buyer's Agent in 2014

    David Soares

    Corcoran Global Living

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14167158

California Regional Multiple Listing Service (CRMLS)

APN: 8026-036-008

California Los Angeles County Whittier 90605 South Whittier

12318 Painter Ave, Whittier, CA

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