NOT LISTED FOR SALE

1305 E O St Wilmington, CA 90744

Estimated Value: $655,319 - $737,000

4 Beds
2 Baths
1,523 Sq Ft
$453/Sq Ft Est. Value

Last Sold September 13, 2013

Last sale price $285,000 $187 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $3,941/month

33 Days on Market

Highlights

  • No HOA
  • Wrought Iron Fence
  • 1-minute walk to East Wilmington Vest Pocket Park
  • Laundry Room

About This Home

As of September 2013

This property is a duplex that consist of 2 two bedroom units. Each with its own yard. Double detached garage that is used equal by both tenents.
Duplex is located next to a small community park, but has a wall so that it is completely seperated.

Last Agent to Sell the Property

Lucy Salgado

Century 21 Jervis & Associates License #00906720 Listed on: 07/06/2013

Century 21 Jervis & Associates

Last Buyer's Agent

Adam Shandrow

Shandrow Group License #01863342

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,015 Sq Ft Lot
  • Lot Dimensions are 40x126
  • 1 Common Wall
  • Wrought Iron Fence
  • Block Wall Fence
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,523 Sq Ft Home
  • Property Attached
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Listing and Financial Details

  • Tax Lot 155
  • Assessor Parcel Number 7426012021

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $2,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 7426012021
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 187.13

Exterior Features

  • Fencing: Block, Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size: 40x126
  • Lot Size Sq Ft: 5015.00
  • Lot Size Acres: 0.1150

Multi Family

  • Average1 Bed Area: 760
  • Average2 Bed Area: 760
  • Gross Income: 2300.00
  • Gross Scheduled Income: 27600.00
  • Lot Size Area: 5015.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 2300.00

Tax Info

  • Tax Lot: 155
  • Tax Tract Number: 000
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2013
Closed on
Aug 9, 2013
Sold by
Carrillo Carlos
Bought by
Edwards Devin Jerome
Seller's Agent
Lucy Salgado
Century 21 Jervis & Associates
Buyer's Agent
Adam Shandrow
Shandrow Group
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Current Estimated Value
$690,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,080
Avg. Annual Appreciation
7.41%
Original Mortgage
$213,750
Outstanding Balance
$158,768
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$531,312

Purchase Details

Closed on
May 7, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Carrillo Carlos and Carrillo Frances P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,500
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2009
Sold by
Reyes Felipe
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Oct 20, 2004
Sold by
Moreno Angel A
Bought by
Reyes Felipe and Reyes Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2003
Sold by
Shakibaki Corp
Bought by
Reyes Felipe and Reyes Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 1999
Sold by
Shakibaei Majid
Bought by
Shakibaei Corp and Caspian Investments

Purchase Details

Closed on
Oct 18, 1999
Sold by
Shakibaei Maria E
Bought by
Shakibaei Majid

Purchase Details

Closed on
Oct 6, 1999
Sold by
Bankers Trust Company
Bought by
Shakibaei Majid

Purchase Details

Closed on
Apr 7, 1999
Sold by
Estrada Rosario
Bought by
Bankers Trust Company

Purchase Details

Closed on
Sep 1, 1993
Sold by
Franklin Patricia Ann
Bought by
Franklin Felix

Purchase Details

Closed on
Apr 21, 1993
Sold by
Franklin Felix
Bought by
Estrada Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
7.28%
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
Edwards Devin Jerome $285,000 Chicago Title Company
Carrillo Carlos $218,000 Lsi Title Agency
Jpmorgan Chase Bank National Association $173,950 Accommodation
Reyes Felipe -- United Title Company
Reyes Felipe $280,000 California Counties Title
Shakibaei Corp -- --
Shakibaei Majid -- First Southwestern Title
Shakibaei Majid $113,500 First Southwestern Title Co
Bankers Trust Company $93,271 First Southwestern Title Co
Franklin Felix -- South Coast Title Company
Estrada Rosario $128,000 South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Devin Jerome $213,750
Previous Owner Carrillo Carlos $163,500
Previous Owner Reyes Felipe $307,500
Previous Owner Reyes Felipe $280,000
Previous Owner Estrada Rosario $83,200
Closed Estrada Rosario $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2013 09/13/13 Sold $285,000 -4.7% $187 / Sq Ft
08/08/2013 08/08/13 Pending -- -- --
07/06/2013 07/06/13 For Sale $299,000 -- $196 / 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 $4,412 $349,360 $245,166 $104,194
2024 $4,412 $342,510 $240,359 $102,151
2023 $4,330 $335,796 $235,647 $100,149
2022 $4,134 $329,213 $231,027 $98,186
2021 $4,079 $322,759 $226,498 $96,261
2019 $3,960 $313,187 $219,781 $93,406
2018 $3,899 $307,047 $215,472 $91,575
2016 $3,717 $295,126 $207,106 $88,020
2015 $3,665 $290,694 $203,996 $86,698
2014 $3,689 $285,000 $200,000 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13132147

California Regional Multiple Listing Service (CRMLS)

APN: 7426-012-021