NOT LISTED FOR SALE

Estimated Value: $414,000 - $964,219

6 Beds
2 Baths
2,536 Sq Ft
$264/Sq Ft Est. Value

Last Sold April 16, 2013

Last sale price $340,000 $134 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,087/month

47 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cooling System Mounted To A Wall/Window
  • Carpet
  • No HOA
  • Level Lot
  • Wall Furnace

About This Home

As of April 2013

Four 3 Bedroom, 1 bath units on a Tree Lined, residential Street. Three units have a fenced patio, one unit has a small front yard. Each unit has it's own gas and electric meters. There is a separate laundry room with it's own meters also. Laundry room currently being used as storage, but the hook ups and meters are there for use if you choose. Roof is only 3 years old. All windows were replaced around the same time. Grounds are very low maintenance. Easily accessible to 215 and 210 freeways.

Last Agent to Sell the Property

CARMEN SPENNATO

HJS REALTY License #01252625 Listed on: 01/11/2013

Last Buyer's Agent

Tomo Padilla

No Firm Affiliation License #01033760

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,275

Year Built

  • Built in 1960

Lot Details

  • 10,402 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Home Design

  • Property Attached
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,536 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Paved Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 5 / 53
  • Assessor Parcel Number 0144201490000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $720
  • Professional Management Expense $1,800
  • Trash Expense $1,710
  • Water Sewer Expense $1,710
  • New Taxes Expense $4,420
  • Gross Income $44,700
  • Net Operating Income $38,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,275

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 1800.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1710.00
  • Property Type: Residential Income
  • Parcel Number: 0144201490000
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 134.07
  • Room Type: All Bedrooms Down

Exterior Features

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

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 1710.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 10402.00
  • Lot Size Acres: 0.2390

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 44700.00
  • Gross Scheduled Income: 44700.00
  • Insurance Expense: 720.00
  • Lot Size Area: 10402.0000 Square Feet
  • Net Operating Income: 38760.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 5940.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4420.00
  • Tax Block: 53
  • Tax Lot: 5
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2013
Closed on
Mar 1, 2013
Sold by
Arzate George and Arzate Virginia
Bought by
Padilla Carl J and Padilla Sachiko
Seller's Agent
CARMEN SPENNATO
HJS REALTY
Buyer's Agent
Tomo Padilla
No Firm Affiliation
List Price
$340,000
Sold Price
$340,000
Current Estimated Value
$670,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,555
Avg. Annual Appreciation
5.64%
Original Mortgage
$247,500
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2008
Sold by
Magdaleno Luis
Bought by
Arzate George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2006
Sold by
Tchamian Suren
Bought by
Magdaleno Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 3, 2001
Sold by
Alvarado Al and Alvarado Karen Ann
Bought by
Tchamian Suren
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
Padilla Carl J $340,000 U S A National Title Company
Arzate George $258,000 Orange Coast Title
Magdaleno Luis $500,000 Security Union Title Ins Co
Tchamian Suren -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Padilla Carl J $247,500
Previous Owner Arzate George $192,131
Previous Owner Arzate George $193,500
Previous Owner Magdaleno Luis $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2013 04/16/13 Sold $340,000 0.0% $134 / Sq Ft
02/27/2013 02/27/13 Pending -- -- --
01/11/2013 01/11/13 For Sale $340,000 -- $134 / 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 $5,275 $418,688 $78,812 $339,876
2024 $5,275 $410,479 $77,267 $333,212
2023 $5,143 $402,430 $75,752 $326,678
2022 $5,155 $394,540 $74,267 $320,273
2021 $5,166 $386,804 $72,811 $313,993
2020 $5,182 $382,837 $72,064 $310,773
2019 $5,026 $375,330 $70,651 $304,679
2018 $4,968 $367,971 $69,266 $298,705
2017 $4,815 $360,756 $67,908 $292,848
2016 $4,671 $353,682 $66,576 $287,106
2015 $4,608 $348,369 $65,576 $282,793
2014 $4,479 $341,544 $64,291 $277,253
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13004495

California Regional Multiple Listing Service (CRMLS)

APN: 0144-201-49