NOT LISTED FOR SALE

Estimated Value: $869,000 - $1,463,000

4 Beds
4 Baths
3,000 Sq Ft
$400/Sq Ft Est. Value

Last Sold March 15, 2012

Last sale price $370,000 $123 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $6,785/month

18 Days on Market

About This Home

As of March 2012

**Do Not Disturb Occupants** This 4 unit building is a great investment opportunity close to a major university. This classic building is over 125 years old and is a reminder of another time. The bottom 2 units are 2 bedrooms and 1 bath each while the top units are each 1 bedroom and 1 bath. The garage has been converted to storage for the units. Located within walking distance to campus with lots of restaurants and entertainment. Just a few minutes from the hustle and bustle of downtown and easy access to transportation and freeways. Info herein is not verified by agent. Buyer to verify all info & rely on their findings. Offers must be submitted on CAR form w/pre-approval (NOT pre-qual), copy of earnest money check, proof of funds & agency disclosure. For guarantee receipt of your offer check private remarks for submission instructions. Bank of America Home Loans Prequalification required on all offers. Please allow 2-3 business days for seller response.

Last Agent to Sell the Property

Joyce Essex Harvey

Coldwell Banker Realty License #00935813 Listed on: 02/03/2012

Coldwell Banker Realty

Last Buyer's Agent

Linda Roth Burrell

Keller Williams Larchmont License #01080274

Keller Williams Larchmont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,989

Year Built

  • Built in 1886

Lot Details

  • 5,880 Sq Ft Lot

Home Design

  • Quadruplex

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5055-016-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,989

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Unknown
  • Street Number Display: Yes
  • Living Area: 3000
  • Stories: 2
  • Year Built: 1886
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 113.17

Exterior Features

  • Pool: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 204253
  • Assessed Land Value: 331223
  • Assessor Parcel Number: 5055-016-008
  • Lot Size Area: 5880

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Type Of Units: Quadruplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2012
Closed on
Feb 22, 2012
Sold by
Bank Of America Na
Bought by
Ting Stewart and Ting Allison
Seller's Agent
Joyce Essex Harvey
Coldwell Banker Realty
Buyer's Agent
Linda Roth Burrell
Keller Williams Larchmont
List Price
$339,500
Sold Price
$370,000
Premium/Discount to List
$30,500
8.98%
Current Estimated Value
$1,201,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$831,000
Avg. Annual Appreciation
9.03%

Purchase Details

Closed on
Dec 9, 2011
Sold by
Eroglu Salih
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 30, 2004
Sold by
Rauda Jose A
Bought by
Eroglu Salih

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 1999
Sold by
Cyprus Brett
Bought by
Rauda Jose A and Barba Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,424
Interest Rate
7.2%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 1998
Sold by
Diaz Felipe C
Bought by
Cyprus Brett

Purchase Details

Closed on
Oct 15, 1993
Sold by
Diaz Felipe C
Bought by
Diaz Felipe C and Diaz Rosa O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.81%
Source: Public Records

Range of Values:

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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
Ting Stewart $370,000 Lsi Title Company Inc
Bank Of America Na $325,350 Landsafe Title
Eroglu Salih $485,000 Landamerica Lawyers Title
Rauda Jose A $315,000 --
Cyprus Brett $111,600 --
Diaz Felipe C -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eroglu Salih $363,750
Previous Owner Rauda Jose A $312,424
Previous Owner Diaz Felipe C $134,000
Closed Eroglu Salih $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2012 03/15/12 Sold $370,000 +9.0% $123 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
02/03/2012 02/03/12 For Sale $339,500 -- $113 / 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 $5,989 $464,728 $314,008 $150,720
2024 $5,989 $455,616 $307,851 $147,765
2023 $5,884 $446,683 $301,815 $144,868
2022 $5,628 $437,926 $295,898 $142,028
2021 $5,544 $429,341 $290,097 $139,244
2019 $5,387 $416,609 $281,494 $135,115
2018 $5,272 $408,441 $275,975 $132,466
2016 $5,021 $392,582 $265,259 $127,323
2015 $4,952 $386,686 $261,275 $125,411
2014 $4,995 $379,112 $256,157 $122,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-579609

The MLS

APN: 5055-016-008