NOT LISTED FOR SALE

Estimated Value: $967,232 - $1,188,000

7 Beds
8 Baths
3,476 Sq Ft
$300/Sq Ft Est. Value

Last Sold December 31, 2015

Last sale price $489,000 $141 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $6,213/month

153 Days on Market

Highlights

  • Contemporary Architecture
  • High Efficiency Air Conditioning
  • Tile Flooring
  • No HOA
  • Laundry Room
  • 1 Attached Carport Space

About This Home

As of December 2015

***GREAT INVESTMENT OPPORTUNITY*** Rent one and occupy the other. Newer built duplex structure (2007); therefore, no rent control guidelines- upward potential for higher monthly income. Property is in stellar condition and will quality for all FHA, VA, Government subsidized financing.

Last Agent to Sell the Property

Jamie Durity

eXp Realty License #01297368 Listed on: 07/01/2015

eXp Realty

Last Buyer's Agent

Jamie Durity

eXp Realty License #01297368 Listed on: 07/01/2015

eXp Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2007

Lot Details

  • 4,649 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 1 Attached Carport Space
  • Parking Available

Home Design

  • 3,476 Sq Ft Home
  • Contemporary Architecture
  • Property Attached
  • Composition Roof
  • Wood Siding
  • Stucco

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • High Efficiency Heating System

Additional Features

  • Doors are 32 inches wide or more
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 6022005034

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,300
  • Trash Expense $400
  • Water Sewer Expense $200
  • New Taxes Expense $6,600
  • Gross Income $3,402
  • Net Operating Income $3,202

Property Details

Home Type

Multi-Family

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • View: No
  • Water Sewer Expenses: 200.00
  • Architectural Style: Contemporary
  • Property Condition: Termite Clearance
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 6022005034
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Levels: Two
  • Price Per Square Foot: 140.68

Exterior Features

  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, High Efficiency
  • Laundry Features: Gas Dryer Hookup, Inside
  • Trash Expense: 400.00
  • Water Source: Public
  • Cooling: Central Air, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Lot Features: Back Yard, 0-1 Unit/Acre
  • Lot Size Sq Ft: 4649.00
  • Price Per Lot Square Foot: 105.18
  • Lot Size Acres: 0.1070

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3402.00
  • Gross Scheduled Income: 3402.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 4649.0000 Square Feet
  • Net Operating Income: 3202.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6600.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2017
Sold by
Mark Icarus Lp
Bought by
Monark Lp
Current Estimated Value
$1,043,558

Purchase Details

Closed on
Aug 28, 2017
Sold by
Mittal Mark
Bought by
Mark Icarus Lp

Purchase Details

Listed on
Jul 1, 2015
Closed on
Dec 18, 2015
Sold by
Mittal Tiffany Jean
Bought by
Mittal Mark
Seller's Agent
Jamie Durity
eXp Realty
Buyer's Agent
Jamie Durity
eXp Realty
List Price
$550,000
Sold Price
$489,000
Premium/Discount to List
-$61,000
-11.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%

Purchase Details

Closed on
Oct 28, 2015
Sold by
Feng Daniel
Bought by
Mittal Mark

Purchase Details

Closed on
Apr 6, 2012
Sold by
Feng Katherine
Bought by
Feng Daniel

Purchase Details

Closed on
Dec 27, 2011
Sold by
Chee Sulynn
Bought by
Chuang John

Purchase Details

Closed on
Dec 1, 2011
Sold by
Sanchez Genoveva and Escareno Jose A
Bought by
Chuang John

Purchase Details

Closed on
Oct 17, 2007
Sold by
Batres Antonio Alonzo
Bought by
Sanchez Genoveva and Escareno Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,750
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2006
Sold by
Hernandez Abel
Bought by
Batres Antonio Alonzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.37%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 12, 2006
Sold by
Tippens Mark N
Bought by
Hernandez Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2005
Sold by
Tippens Tiana M Streets
Bought by
Tippens Mark N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,350
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2002
Sold by
Tippens Tiana M Streets and Streets Tiana M
Bought by
Tippens Mark N and Streets Tiana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
7.04%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 25, 2001
Sold by
Streets Hubert and Streets Thelma
Bought by
Streets Tiana M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Monark Lp $2,076,000 None Available
Mark Icarus Lp -- None Available
Mittal Mark -- Fidelity Sherman Oaks
Mittal Mark $489,000 Fidelity Sherman Oaks
Feng Daniel -- North American Title Co Inc
Chuang John -- Chicago Title Company
Chuang John $259,000 Chicago Title Company
Sanchez Genoveva $545,000 Ort
Sanchez Genoveva -- Ort
Batres Antonio Alonzo $375,000 Ortc
Hernandez Abel $425,000 Orange Coast Title
Hernandez Abel -- Orange Coast Title
Tippens Mark N -- Old Republic Title
Tippens Mark N -- Gateway Title Company
Streets Tiana M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Genoveva $100,750
Previous Owner Sanchez Genoveva $417,000
Previous Owner Batres Antonio Alonzo $300,000
Previous Owner Hernandez Abel $340,000
Previous Owner Tippens Mark N $213,350
Previous Owner Tippens Mark N $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2015 12/31/15 Sold $489,000 -11.1% $141 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $550,000 -- $158 / 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 $9,142 $739,585 $398,238 $341,347
2024 $9,142 $725,084 $390,430 $334,654
2023 $8,969 $710,868 $382,775 $328,093
2022 $8,558 $696,930 $375,270 $321,660
2021 $8,438 $683,265 $367,912 $315,353
2019 $8,189 $663,000 $357,000 $306,000
2018 $8,087 $650,000 $350,000 $300,000
2016 $6,085 $489,000 $230,000 $259,000
2015 $3,757 $293,672 $110,780 $182,892
2014 $3,781 $287,920 $108,610 $179,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15143419

California Regional Multiple Listing Service (CRMLS)

APN: 6022-005-034