NOT LISTED FOR SALE

Estimated Value: $794,000 - $908,000

4 Beds
2 Baths
1,701 Sq Ft
$508/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $574,000 $337 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,130/month

6 Days on Market

About This Home

As of February 2018

* Located in The A+ Part of Whittier * Non-Rent Controlled! * Investment Includes 3-Bedroom/1-Bathroom and a 1-Bedroom/1-Bathroom Home * 1-Bedroom/1-Bathroom Home Delivered Vacant * Located Near Uptown Whittier * Below Market Rent Poised For Repositioning

Last Agent to Sell the Property

Gianluca Jacoli

Shield CRE, Inc. License #01938297 Listed on: 01/10/2018

Last Buyer's Agent

Gianluca Jacoli

Shield CRE, Inc. License #01938297 Listed on: 01/10/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 6,746 Sq Ft Lot

Interior Spaces

  • 1,701 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Car Garage
  • 1 Open Parking Space

Listing and Financial Details

  • Assessor Parcel Number 8134-026-010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Vacancy Allowance $1,170

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 1701
  • Price Per Unit: 312500.00
  • Stories: 1
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 367.43

Exterior Features

  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Garage
  • Total Parking: 2

Utilities

  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Water Expense: 1920.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 714.00
  • Maintenance Expense: 800.00
  • Other Expense: 600.00
  • Trash Expense: 1200.00

Lot Info

  • Assessed Improvement Value: 172469
  • Assessed Land Value: 259664
  • Assessor Parcel Number: 8134-026-010
  • Geocode Override: No
  • Lot Size Area: 6746

Rental Info

  • Total Actual Rent: 39000.00
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.03
  • Number Of Units: 2
  • Rent Control: 0
  • Type Of Units: 3 Bdr, 1 Bdr
  • Vacancy Allow: 1170
  • Vacancy Allow Percent: 3.00

Tax Info

  • Tax Expense: 7813.00
  • Tax Percent: 1.25
  • Tax Total: 7813.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2018
Closed on
Feb 2, 2018
Sold by
Neu John H and John H Neu 1987 Trust
Bought by
Gutierrez Hector D and Gutierrez Denise
Seller's Agent
Gianluca Jacoli
Shield CRE, Inc.
Buyer's Agent
Gianluca Jacoli
Shield CRE, Inc.
List Price
$625,000
Sold Price
$574,000
Premium/Discount to List
-$51,000
-8.16%
Current Estimated Value
$863,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,779
Avg. Annual Appreciation
5.32%
Original Mortgage
$424,000
Outstanding Balance
$359,539
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$504,240

Purchase Details

Closed on
Jan 24, 2011
Sold by
Neu John H
Bought by
Neu John H and The John H Neu 1987 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2002
Sold by
Neu John H
Bought by
Neu John H and John H Neu 1987 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,600
Interest Rate
5.4%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 10, 2002
Sold by
Coffer Patricia
Bought by
Neu John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,600
Interest Rate
5.4%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 15, 2000
Sold by
Coffer Patricia
Bought by
Coffer Patricia

Purchase Details

Closed on
Jun 11, 1999
Sold by
Fong Donna
Bought by
Coffer Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,487
Interest Rate
7.51%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gutierrez Hector D $574,000 First American Title Company
Neu John H -- Western Resources Title
Neu John H -- Western Resources Title
Neu John H -- Chicago Title Co
Neu John H $339,500 Chicago Title Co
Coffer Patricia -- American Title
Coffer Patricia $185,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Hector D $424,000
Previous Owner Neu John H $210,000
Previous Owner Neu John H $237,600
Previous Owner Coffer Patricia $183,487
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $574,000 -8.2% $337 / Sq Ft
01/10/2018 01/10/18 For Sale $625,000 -- $367 / Sq Ft
Source: The MLS

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 $7,899 $653,108 $457,177 $195,931
2024 $7,899 $640,303 $448,213 $192,090
2023 $7,796 $627,749 $439,425 $188,324
2022 $7,642 $615,441 $430,809 $184,632
2021 $7,490 $603,374 $422,362 $181,012
2020 $7,405 $597,188 $418,032 $179,156
2019 $7,293 $585,480 $409,836 $175,644
2018 $5,657 $440,775 $264,857 $175,918
2016 $5,392 $423,661 $254,573 $169,088
2015 $5,260 $417,299 $250,750 $166,549
2014 -- $409,126 $245,839 $163,287
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-301916

The MLS

APN: 8134-026-010