NOT LISTED FOR SALE

Estimated Value: $611,000 - $949,596

4 Beds
3 Baths
2,100 Sq Ft
$380/Sq Ft Est. Value

Last Sold September 12, 2018

Last sale price $410,000 $195 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,684/month

116 Days on Market

About This Home

As of September 2018

WE HAVE A DUPLEX; 1233 E 43RD ST IS THE BUTTOM UNIT IT HAS 3 BEDS AND 2 BATHS. IT HAS PARKING SPACE FOR UP 3 CARS ON FRONT OF PROPERTY. 1235 IS THE UNIT ON TOP IT IS A 1 BED AND 1 BATH. PROPERTY HAS PARKING ON BACK OF THE PROPERTY FOR UP TO 3 CARS IT ALSO HAS A 2 CAR GARAGE STRACTURE WITH ALLEY ACCESS. BOTH UNITS ARE TENANT OCCUPIED... PLEASE DO NOT DISTURB THEM.

Last Agent to Sell the Property

Fernando Fernandez

Big Block Powerhouse Realty License #01146720 Listed on: 03/12/2018

Last Buyer's Agent

Miguel Alvarado

Coldewll Banker Leaders License #01251234

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 5,102 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 2,100 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 12405
  • Assessor Parcel Number 5115031029

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $214
  • New Taxes Expense $4,375
  • Operating Expense $398
  • Gross Income $29,016
  • Net Operating Income $24,176

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • CapRate: 5.00
  • Property Attached: No
  • Water Sewer Expenses: 214.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5115031029
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 195.24

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Walkstreet, Yard
  • Lot Size Sq Ft: 5102.00

Multi Family

  • Gross Income: 29016.00
  • Gross Multiplier: 6.00
  • Gross Scheduled Income: 29016.00
  • Net Operating Income: 24176.00
  • 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: 4000.00
  • Rent Control: Yes
  • Total Expenses: 398.00

Tax Info

  • New Taxes Expense: 4375.00
  • Tax Census Tract: 2282.20
  • Tax Lot: 16
  • Tax Tract Number: 12405

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
Sep 10, 2018
Sold by
Hernandez Cruz Rodriguz De
Bought by
Adan Antonio Hernandez
Seller's Agent
Fernando Fernandez
Big Block Powerhouse Realty
Buyer's Agent
Miguel Alvarado
Coldewll Banker Leaders
List Price
$429,000
Sold Price
$410,000
Premium/Discount to List
-$19,000
-4.43%
Current Estimated Value
$797,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,649
Avg. Annual Appreciation
9.45%
Original Mortgage
$280,000
Outstanding Balance
$244,199
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$553,450

Purchase Details

Listed on
Mar 12, 2018
Closed on
Sep 6, 2018
Sold by
Fernandez Fernando D
Bought by
Adan Antonio Hernandez and Hernandez Rafael
Seller's Agent
Fernando Fernandez
Big Block Powerhouse Realty
Buyer's Agent
Miguel Alvarado
Coldewll Banker Leaders
List Price
$429,000
Sold Price
$410,000
Premium/Discount to List
-$19,000
-4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$244,199
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$553,450

Purchase Details

Closed on
Oct 11, 2016
Sold by
Rios John
Bought by
Fernandez Fernando D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2010
Sold by
Martinez Nicolas
Bought by
Rios John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,102
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2008
Sold by
Diane Leslie
Bought by
Martinez Nicolas and Beltran Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,669
Interest Rate
5.99%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2003
Sold by
Hud
Bought by
Diane Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,424
Interest Rate
4.44%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 27, 2002
Sold by
Wells Fargo Home Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Jul 8, 2002
Sold by
Martinez Miguel A
Bought by
Wells Fargo Home Mtg Inc and Norwest Mtg Inc

Purchase Details

Closed on
Apr 29, 1998
Sold by
Colonial Home Loan Corp
Bought by
Martinez Miguel A and Martinez Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,427
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 1998
Sold by
California Federal Bank Fsb
Bought by
Colonial Home Loan Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,427
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 1997
Sold by
Rodriguez Natalio
Bought by
California Federal Bank Fsb
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
Adan Antonio Hernandez -- Wfg National Title Company O
Adan Antonio Hernandez $410,000 Wfg National Title Company O
Fernandez Fernando D $350,000 Wfg Title Company Of Ca
Rios John $160,000 Investors Title Company
Martinez Nicolas $345,000 United Title Company
Diane Leslie $212,000 Chicago Title
Hud -- First American Title Ins Co
Wells Fargo Home Mtg Inc $207,578 First American Title Ins Co
Martinez Miguel A $196,000 Southland Title Corporation
Colonial Home Loan Corp $92,000 Southland Title Corporation
California Federal Bank Fsb $113,422 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adan Antonio Hernandez $280,000
Previous Owner Fernandez Fernando D $350,000
Previous Owner Rios John $157,102
Previous Owner Martinez Nicolas $339,669
Previous Owner Diane Leslie $169,424
Previous Owner Martinez Miguel A $189,427
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2018 09/12/18 Sold $410,000 -4.4% $195 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $429,000 0.0% $204 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $429,000 -- $204 / 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 $6,659 $536,086 $448,171 $87,915
2024 $6,659 $525,576 $439,384 $86,192
2023 $5,627 $439,599 $353,825 $85,774
2022 $5,371 $430,981 $346,888 $84,093
2021 $5,297 $422,532 $340,087 $82,445
2019 $5,143 $410,000 $330,000 $80,000
2018 $4,518 $357,000 $193,800 $163,200
2017 $0 $350,000 $190,000 $160,000
2016 $4,007 $318,285 $135,098 $183,187
2015 $3,950 $313,505 $133,069 $180,436
2014 $3,975 $307,365 $130,463 $176,902
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18057571

California Regional Multiple Listing Service (CRMLS)

APN: 5115-031-029