NOT LISTED FOR SALE

12516 Fonthill Ave Hawthorne, CA 90250

Estimated Value: $834,000 - $923,000

3 Beds
2 Baths
1,167 Sq Ft
$748/Sq Ft Est. Value

Last Sold July 30, 2018

Last sale price $565,000 $484 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,444/month

10 Days on Market

About This Home

As of July 2018

WOW...wonderful duplex property in Hawthorne next to SpaceX. Large yard with room to build or expand. Priced to sell. Front house is a two bedroom and rear house a one bedroom. Both homes are completely separate and can each have their own yards.

Last Agent to Sell the Property

Frank Rodriguez

Casa Bella Realty Group License #01173842 Listed on: 04/23/2018

Last Buyer's Agent

Lupita Henriquez

Estate Properties License #01915462

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,016

Year Built

  • Built in 1941

Lot Details

  • 6,750 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Home Design

  • 1,167 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 9681
  • Assessor Parcel Number 4049003043

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $200
  • Water Sewer Expense $1,400
  • New Taxes Expense $6,862
  • Operating Expense $9,700
  • Gross Income $43,200
  • Net Operating Income $31,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,016

Year Built

Built in 1941

Lot Details

0

Listing Details

  • CapRate: 5.70
  • Property Attached: No
  • Water Sewer Expenses: 1400.00
  • Zoning: HAR3YY
  • Property Type: Residential Income
  • Parcel Number: 4049003043
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 484.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6750.00

Multi Family

  • Average1 Bed Area: 420 Square Feet
  • Average2 Bed Area: 747 Square Feet
  • Gross Income: 43200.00
  • Gross Multiplier: 12.70
  • Gross Operating Income: 41040.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 31340.00
  • 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: 9700.00
  • Rent Control: No
  • Total Expenses: 9700.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 6862.00
  • Tax Census Tract: 6025.09
  • Tax Lot: 4
  • Tax Tract Number: 9681

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2018
Closed on
Jul 18, 2018
Sold by
Bran Vitalino and Aleman Miroslava Bran
Bought by
Aquiro Steven and Quijas Alma Delia
Seller's Agent
Frank Rodriguez
Casa Bella Realty Group
Buyer's Agent
Lupita Henriquez
Estate Properties
List Price
$549,900
Sold Price
$565,000
Premium/Discount to List
$15,100
2.75%
Current Estimated Value
$872,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,333
Avg. Annual Appreciation
6.36%
Original Mortgage
$423,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2014
Sold by
Muralles Hector Rodriguez and De Leon Rodriguez Ormelina
Bought by
Bran Vitalino and Aleman Miroslava Bran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2010
Sold by
Deleon Carlos O and Deleon Laura Y
Bought by
Rodriguez Hector E and Rodriguez Ormelina Deleon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,386
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2000
Sold by
Spasser Ingrid
Bought by
Machuca Deleon Carlos and Machuca Aleman Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,692
Interest Rate
8.26%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 1997
Sold by
Spasser Ingrid
Bought by
Spasser Ingrid
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
Aquiro Steven $565,000 First American Title Company
Bran Vitalino -- None Available
Muralles Hector Rodriguez -- Ticor Title
Rodriguez Hector E $182,000 Lawyers Title
Machuca Deleon Carlos $160,000 Chicago Title Co
Spasser Ingrid -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aquino Steven $419,000
Closed Aquino Steven $423,750
Previous Owner Muralles Hector Rodriguez $182,500
Previous Owner Rodriguez Hector E $177,386
Previous Owner Deleon Carlos O $387,800
Previous Owner Deleon Carlos O $192,750
Previous Owner Deleon Carlos $165,000
Previous Owner Machuca Deleon Carlos $158,692
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2018 07/30/18 Sold $565,000 +2.7% $484 / Sq Ft
05/04/2018 05/04/18 For Sale $549,900 -2.7% $471 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
04/30/2018 04/30/18 Off Market $565,000 -- --
04/23/2018 04/23/18 For Sale $549,900 -- $471 / 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 $8,016 $630,263 $468,515 $161,748
2024 $8,016 $617,906 $459,329 $158,577
2023 $7,725 $605,791 $450,323 $155,468
2022 $7,836 $593,914 $441,494 $152,420
2021 $7,729 $582,270 $432,838 $149,432
2020 $7,706 $576,300 $428,400 $147,900
2019 $7,458 $565,000 $420,000 $145,000
2018 $5,043 $374,544 $249,696 $124,848
2016 $2,855 $196,967 $121,211 $75,756
2015 $2,794 $194,010 $119,391 $74,619
2014 $2,791 $190,211 $117,053 $73,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18094894

California Regional Multiple Listing Service (CRMLS)

APN: 4049-003-043