NOT LISTED FOR SALE

Estimated Value: $1,047,000 - $1,204,000

5 Beds
4 Baths
2,244 Sq Ft
$492/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $520,000 $232 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $6,880/month

3 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near public transit
  • Level Lot
  • Downey High School Rated A-
  • Laundry Room
  • Carpet

About This Home

As of June 2016

Two units with a detached garage on a level lot.

Last Agent to Sell the Property

Rebecca Jones

Beach City Brokers License #01836956 Listed on: 06/14/2016

Beach City Brokers

Last Buyer's Agent

marcy jennings

Bayside License #01387101

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 6,032 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Property Attached
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,244 Sq Ft Home
  • Living Room with Fireplace
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Tax Tract Number 15529
  • Assessor Parcel Number 6263042017

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Gross Income $1,410

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6263042017
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Price Per Square Foot: 231.73
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range
  • Heating Type: Radiant
  • Laundry Features: In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Features: Level, Near Public Transit
  • Lot Size Sq Ft: 6032.00
  • Price Per Lot Square Foot: 86.21

Multi Family

  • Gross Income: 1410.00
  • Gross Scheduled Income: 16920.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Tract Number: 15529

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2022
Sold by
Felix Banales David
Bought by
Jorgensen Kevin and Jorgensen Martha
Current Estimated Value
$1,123,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$727,500
Outstanding Balance
$685,383
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$418,790

Purchase Details

Closed on
May 17, 2017
Sold by
Golden Dome 1
Bought by
Banales David Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$702,736
Interest Rate
4.08%
Mortgage Type
VA

Purchase Details

Listed on
Jun 14, 2016
Closed on
May 26, 2016
Sold by
Vassar Kenneth E
Bought by
Golden Dome 1
Seller's Agent
Rebecca Jones
Beach City Brokers
Buyer's Agent
marcy jennings
Bayside
List Price
$539,000
Sold Price
$520,000
Premium/Discount to List
-$19,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%

Purchase Details

Closed on
Dec 27, 2013
Sold by
Elliott Family Properties Llc
Bought by
Vassar Kenneth E and Kenneth E Vassar Revocable Living Trust

Purchase Details

Closed on
Oct 4, 2012
Sold by
Vassar Kenneth E and Pat A Elliott Revocable Living
Bought by
Elliott Family Properties Llc

Purchase Details

Closed on
Jun 27, 1995
Sold by
Elliott Pat A
Bought by
The Pat A Elliott Revocable Living Trust
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
Jorgensen Kevin $970,000 Fidelity National Title
Banales David Felix $695,000 Lawyers Title
Golden Dome 1 $520,000 Pacific Coast Title
Vassar Kenneth E -- None Available
Elliott Family Properties Llc -- None Available
The Pat A Elliott Revocable Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jorgensen Kevin $727,500
Previous Owner Banales David Felix $702,736
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2016 06/17/16 Sold $520,000 -3.5% $232 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $539,000 -- $240 / 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 $12,762 $1,029,371 $711,009 $318,362
2024 $12,762 $1,009,188 $697,068 $312,120
2023 $12,324 $989,400 $683,400 $306,000
2022 $9,312 $760,079 $417,770 $342,309
2021 $9,099 $745,177 $409,579 $335,598
2019 $8,867 $723,077 $397,432 $325,645
2018 $8,603 $708,900 $389,640 $319,260
2016 $7,481 $606,822 $310,660 $296,162
2015 $7,376 $597,708 $305,994 $291,714
2014 $1,419 $89,946 $31,571 $58,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16132724

California Regional Multiple Listing Service (CRMLS)

APN: 6263-042-017