NOT LISTED FOR SALE

12616 San Fernando Rd Sylmar, CA 91342

Estimated Value: $810,030 - $993,000

5 Beds
2 Baths
1,764 Sq Ft
$511/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $515,000 $292 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,398/month

50 Days on Market

About This Home

As of October 2017

ATTENTION INVESTORS PRICED TO SELL!!!!! Great fixer upper investment/income producing opportunity in SYLMAR!!. Two separate detached UNITS. Legal dúplex. Front house is vacant and is a 2 bedrooms and 1 bathroom plus an attached 2 car garage. Back house is currently occupied and is a 3 bedrooms and one bath house with a large driveway.This property is perfect for someone wanting to supplement their purchase with rental income or for the first time buyer with an extended family.Front Unit needs extensive work. FHA 203K BUYERS WELCOME .These units sit on a massive 14,607 SF foot lot perfect for entertaining family & friends with tons of flat areas for the kids & pets to play. Close to freeways,parks and schools. Come and see it today.Don’t miss your chance. Front Unit needs extensive work. FHA 203K BUYERS WELCOME It won't last! ALL SHOWINGS BY APPOINTMENT ONLY

Last Agent to Sell the Property

Alejandro Lopez

The Real Estate Club License #01858567 Listed on: 06/08/2017

Last Buyer's Agent

Alejandro Lopez

The Real Estate Club License #01858567 Listed on: 06/08/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,478

Year Built

  • Built in 1938

Lot Details

  • 0.34 Acre Lot
  • No Common Walls
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,764 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tax Lot 0.33
  • Tax Tract Number 5909
  • Assessor Parcel Number 2506034011

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,478

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 2506034011
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 291.95

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • 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: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 14607.00

Multi Family

  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 1070.20
  • Tax Lot: 0.33
  • Tax Tract Number: 5909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2017
Closed on
Sep 11, 2017
Sold by
San Fernando Road Llc
Bought by
Fierros Salomon
Seller's Agent
Alejandro Lopez
The Real Estate Club
Buyer's Agent
Alejandro Lopez
The Real Estate Club
List Price
$599,900
Sold Price
$515,000
Premium/Discount to List
-$84,900
-14.15%
Current Estimated Value
$900,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,758
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Jul 23, 2007
Sold by
Carter Christa M
Bought by
Carter Hubert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2007
Sold by
Carter Hubert
Bought by
San Fernando Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2005
Sold by
Carter Hubert C
Bought by
San Fernando Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 15, 2004
Sold by
Carter Hugh C
Bought by
San Fernando Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2004
Sold by
San Fernando Road Llc
Bought by
Carter Hugh C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2004
Sold by
Carter Hugh C
Bought by
San Fernando Road Llc

Purchase Details

Closed on
Jan 22, 2003
Sold by
Carter Hubert C
Bought by
Carter Hugh C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.97%

Purchase Details

Closed on
Jan 16, 2002
Sold by
Arias Ricardo Arturo
Bought by
Escobar Angelica and Patzan Odilia

Purchase Details

Closed on
Apr 18, 1997
Sold by
Carter Christa M
Bought by
Carter Hubert C

Purchase Details

Closed on
Apr 10, 1997
Sold by
Mayer Johann
Bought by
Carter Hubert C

Purchase Details

Closed on
Jan 12, 1995
Sold by
Carter Hubert C and Carter Christa M
Bought by
Mayer Johann
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
Fierros Salomon $515,000 Fatcola
Carter Hubert -- Accommodation
San Fernando Road Llc -- American Coast Title
Carter Hubert -- Accommodation
San Fernando Road Llc -- Fidelity National Title
Carter Hubert C -- --
San Fernando Road Llc -- Fidelity National Title
Carter Hugh C -- Fidelity National Title
Carter Hugh C -- Fidelity National Title
San Fernando Road Llc -- --
Carter Hugh C -- Fidelity National Title Co
Escobar Angelica -- --
Carter Hubert C -- Chicago Title Co
Carter Hubert C -- Chicago Title Co
Mayer Johann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Hubert C $345,000
Previous Owner Carter Hugh C $257,000
Previous Owner Carter Hugh C $257,000
Previous Owner Carter Hugh C $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2017 10/30/17 Sold $515,000 -6.4% $292 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
07/06/2017 07/06/17 Price Changed $550,000 -8.3% $312 / Sq Ft
06/08/2017 06/08/17 For Sale $599,900 -- $340 / 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 $7,478 $585,975 $351,586 $234,389
2024 $7,478 $574,487 $344,693 $229,794
2023 $7,337 $563,224 $337,935 $225,289
2022 $7,003 $552,181 $331,309 $220,872
2021 $6,912 $541,355 $324,813 $216,542
2020 $6,975 $535,805 $321,483 $214,322
2019 $6,710 $525,300 $315,180 $210,120
2018 $6,528 $515,000 $309,000 $206,000
2016 $5,169 $405,690 $243,414 $162,276
2015 $3,208 $241,204 $196,493 $44,711
2014 $3,234 $236,480 $192,644 $43,836
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17129557

California Regional Multiple Listing Service (CRMLS)

APN: 2506-034-011