NOT LISTED FOR SALE

Estimated Value: $1,107,000 - $1,125,000

5 Beds
4 Baths
2,620 Sq Ft
$425/Sq Ft Est. Value

Last Sold June 10, 2015

Last sale price $650,000 $248 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,762/month

13 Days on Market

About This Home

As of June 2015

Excellent investment opportunity on a 2619 sqf detached duplex. Front unit is a 2br 2ba and the rear unit is 3br and 2 baths. The duplex sits on an extra large 12,350 sqf lot with a 6 car garage. The rear unit is occupied by a long term tenant. Great opportunity to live in 1 and rent out the other unit. Close to major freeways and shopping center.

Last Agent to Sell the Property

Tim Ho

Nexteam Real Estate License #01858362 Listed on: 03/29/2015

Nexteam Real Estate

Last Buyer's Agent

Gina Cho

Real Estate Source, Inc. License #01798250

Real Estate Source, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,014

Year Built

  • Built in 1978

Lot Details

  • 0.28 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre
  • Value in Land

Parking

  • 6 Car Garage

Home Design

  • 2,620 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 5534
  • Assessor Parcel Number 6266005016

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $100
  • Net Operating Income $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,014

Year Built

Built in 1978

Lot Details

0

Parking

6

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6266005016
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre, Value In Land, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12350.00
  • Price Per Lot Square Foot: 52.63
  • Lot Size Acres: 0.2840

Multi Family

  • Gross Income: 100.00
  • Gross Scheduled Income: 100.00
  • Lot Size Area: 12350.0000 Square Feet
  • Net Operating Income: 100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 5534
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2015
Closed on
Apr 17, 2015
Sold by
Alba Edgardo D and Alba Martina P
Bought by
Hyon Yoonjae and Lee Catherine
Seller's Agent
Tim Ho
Nexteam Real Estate
Buyer's Agent
Gina Cho
Real Estate Source, Inc.
List Price
$629,888
Sold Price
$650,000
Premium/Discount to List
$20,112
3.19%
Current Estimated Value
$1,112,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,563
Avg. Annual Appreciation
5.81%
Original Mortgage
$520,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2012
Sold by
Alba Edgardo D and Alba Martina P
Bought by
Alba Edgardo D and Alba Martina P

Purchase Details

Closed on
May 27, 2011
Sold by
Alba Clem B
Bought by
Alba Clem B and Alba Edgardo D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2011
Sold by
Alba Clem B and Alba Edgardo D
Bought by
Alba Clem B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 1998
Sold by
Alba Edgardo D and Alba Maria M
Bought by
Alba Clem B and Alba Leticia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.13%
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
Hyon Yoonjae $650,000 Nextitle
Alba Edgardo D -- None Available
Alba Clem B -- Lawyers Title
Alba Clem B -- Lawyers Title
Alba Clem B -- Fidelity National Title
Alba Clem B -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hyon Yoonjae $520,000
Previous Owner Hyon Yoonjae $520,000
Previous Owner Alba Clem B $163,000
Previous Owner Alba Clem B $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2015 06/10/15 Sold $650,000 +3.2% $248 / Sq Ft
04/11/2015 04/11/15 Pending -- -- --
03/29/2015 03/29/15 For Sale $629,888 -- $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 $10,014 $781,192 $420,641 $360,551
2024 $10,014 $765,876 $412,394 $353,482
2023 $9,680 $750,859 $404,308 $346,551
2022 $9,125 $736,137 $396,381 $339,756
2021 $8,913 $721,704 $388,609 $333,095
2020 $8,779 $714,305 $384,625 $329,680
2019 $8,688 $700,300 $377,084 $323,216
2018 $8,317 $686,570 $369,691 $316,879
2016 $8,063 $659,912 $355,337 $304,575
2015 $6,203 $493,287 $292,628 $200,659
2014 $5,865 $483,625 $286,896 $196,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15065431

California Regional Multiple Listing Service (CRMLS)

APN: 6266-005-016