NOT LISTED FOR SALE

12824 Reed Ave Grand Terrace, CA 92313

Estimated Value: $552,497 - $580,000

4 Beds
2 Baths
1,490 Sq Ft
$380/Sq Ft Est. Value

Last Sold July 15, 2013

Last sale price $221,000 $148 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $3,361/month

10 Days on Market

Highlights

  • Contemporary Architecture
  • Neighborhood Views
  • 2 Car Attached Garage
  • No HOA
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of July 2013

EXCELLENT OPPORTUNITY! For first time buyers, Property is HUD Owned.
GREAT LOCATION!! Beautiful home located in established area of Grand Terrace!
This single story home features Four bedrooms and Two Bathrooms. Home was built in 1976 with 1,491 sq. ft. “Living Square Footage per FHA Appraisal”, and a 7,350 Sq. Ft. lot. Home offers spacious Living room with access to dining area. Spacious kitchen offers plenty counter and cupboard space with adjacent large dining area making it easy when entertaining. Backyard offers cement slab with covered patio and is a blank canvas waiting for the perfect buyer to bring a little TLC, and make this into their very own. Conveniently located near schools, shopping, parks, and offers easy commuter access to a multitude of destinations including the 215, 10, freeways.

Last Agent to Sell the Property

Raul Herrera

RE/MAX 2000 REALTY License #01121060 Listed on: 02/23/2013

RE/MAX 2000 REALTY

Last Buyer's Agent

Lenia Smith

Homequest Real Estate License #01806254

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,302

Year Built

  • Built in 1976

Lot Details

  • 7,350 Sq Ft Lot
  • Wood Fence
  • Fence is in average condition

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,490 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Neighborhood Views
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Covered Patio or Porch
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 8562
  • Assessor Parcel Number 1167301270000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,302

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1167301270000
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1490.00
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: In Kitchen
  • Levels: One
  • Price Per Square Foot: 148.32
  • Room Type: Living Room

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Patio And Porch Features: Covered, Concrete, Slab, Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Lot Size Sq Ft: 7350.00
  • Lot Size Acres: 0.1690

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7350.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 8562

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2013
Closed on
May 23, 2013
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Saldana Guadalupe C and Saldana Blanca R
Seller's Agent
Raul Herrera
RE/MAX 2000 REALTY
Buyer's Agent
Lenia Smith
Homequest Real Estate
List Price
$221,000
Sold Price
$221,000
Current Estimated Value
$566,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,374
Avg. Annual Appreciation
8.07%
Original Mortgage
$218,292
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 2012
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Sep 18, 2012
Sold by
Gonzalez Nancy
Bought by
Bank Of America Na

Purchase Details

Closed on
May 21, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Gonzalez Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,106
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 2007
Sold by
Serrano Maria C
Bought by
Deutsche Bank National Trust Co and First Franklin Mortgage Loan Trust 2006-

Purchase Details

Closed on
Oct 14, 2002
Sold by
Beckenhaupt David L
Bought by
Serrano Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
5.89%
Source: Public Records

Range of Values:

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Average Value
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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
Saldana Guadalupe C $221,000 Chicago Title
The Secretary Of Housing & Urban Develop -- Landsafe Title
Bank Of America Na $277,201 Landsafe Title
Gonzalez Nancy $252,000 First American Title Ins Co
Deutsche Bank National Trust Co $382,159 Accommodation
Serrano Maria C $170,000 Diversified Title & Escrow S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saldana Guadalupe C $218,292
Previous Owner Gonzalez Nancy $248,106
Previous Owner Serrano Maria C $405,000
Previous Owner Serrano Maria C $260,000
Previous Owner Serrano Maria C $193,500
Previous Owner Serrano Maria C $161,500
Previous Owner Beckenhaupt David L $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2013 07/15/13 Sold $221,000 0.0% $148 / Sq Ft
03/05/2013 03/05/13 Pending -- -- --
02/23/2013 02/23/13 For Sale $221,000 -- $148 / 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 $3,302 $270,917 $80,907 $190,010
2024 $3,302 $265,605 $79,321 $186,284
2023 $3,304 $260,397 $77,766 $182,631
2022 $3,253 $255,291 $76,241 $179,050
2021 $3,310 $250,285 $74,746 $175,539
2020 $3,318 $247,719 $73,980 $173,739
2019 $3,230 $242,861 $72,529 $170,332
2018 $3,021 $238,099 $71,107 $166,992
2017 $2,913 $233,431 $69,713 $163,718
2016 $2,985 $228,854 $68,346 $160,508
2015 $2,888 $225,416 $67,319 $158,097
2014 $2,786 $221,000 $66,000 $155,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13029612

California Regional Multiple Listing Service (CRMLS)

APN: 1167-301-27