NOT LISTED FOR SALE

13195 De Garmo Ave Sylmar, CA 91342

Estimated Value: $1,249,000 - $2,108,000

9 Beds
6 Baths
1,752 Sq Ft
$972/Sq Ft Est. Value

Last Sold September 20, 2016

Last sale price $1,150,000 $656 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $10,333/month

102 Days on Market

Highlights

  • 42,861 Sq Ft lot
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of September 2016

Welcome to 13195 Degarmo. This wonderful investment opportunity consist of 4 single family residences each being remodeled and updated and having their own 2-car garage. Situated on a lot size over 42,000 sq ft it simply does not get any better then this. 13195 Degarmo offers 2 homes that have 3 bedrooms and 2 bath, and 2 other homes that are 2 bedrooms 1 bath. All homes are fenced and gated, with plenty of back yard space and front yard space. This is truly a remarkable opportunity for the owner user or investor looking to have a great cash flow.

Last Agent to Sell the Property

Alexander Trevino

Trevino Properties Inc. License #01324975 Listed on: 05/12/2016

Trevino Properties Inc.

Last Buyer's Agent

Rene Enriquez

License #01940919

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,100

Year Built

  • Built in 1955

Lot Details

  • 0.98

Parking

  • 2 Car Garage

Interior Spaces

  • 1,752 Sq Ft Home
  • 1-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Additional Features

  • 0.98 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 4 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2505-003-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,100

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Welcome to 13195 Degarmo. This wonderful investment opportunity consist of 4 single family residences each being remodeled and updated and having their own 2-car garage. Situated on a lot size over 42,000 sq ft it simply does not get any better then this. 13195 Degarmo offers 2 homes that have 3 bedrooms and 2 bath, and 2 other homes that are 2 bedrooms 1 bath. All homes are fenced and gated, with plenty of back yard space and front yard space. This is truly a remarkable opportunity for the owner user or investor looking to have a great cash flow.
  • Living Area: 1752
  • Stories: 1
  • Year Built: 1955
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 739.16

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 12

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • Professional Management: 468.00

Fee Information

  • Insurance Expense: 220.00

Lot Info

  • Assessed Improvement Value: 67931
  • Assessed Land Value: 261275
  • Assessor Parcel Number: 2505-003-006
  • Geocode Override: No
  • Lot Size Area: 42861

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.00
  • Number Of Units: 4
  • Total Annual Expense: 1313
  • Type Of Units: SFR
  • Vacancy Rate: 10%

Tax Info

  • Tax Expense: 625.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Sep 2, 2016
Sold by
Colise2 Llc
Bought by
Melgoza Raul and Melgoza Guadalupe
Seller's Agent
Alexander Trevino
Trevino Properties Inc.
Buyer's Agent
Rene Enriquez
List Price
$1,295,000
Sold Price
$1,150,000
Premium/Discount to List
-$145,000
-11.2%
Current Estimated Value
$1,702,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,446
Avg. Annual Appreciation
5.44%
Original Mortgage
$70,000
Outstanding Balance
$56,216
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,797,715

Purchase Details

Closed on
Mar 29, 2012
Sold by
Mach Minh and Tu Kristie
Bought by
Colise2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2012
Sold by
Colise2 Llc
Bought by
Mach Minh and Tu Kristie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2011
Sold by
Huening Janet K and Estate Of William J Purrucker
Bought by
Colise2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.15%
Mortgage Type
New Conventional
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
Melgoza Raul $1,080,000 Title 365
Colise2 Llc -- None Available
Mach Minh -- Advantage Title
Colise2 Llc $315,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melgoza Raul $70,000
Previous Owner Mach Minh $208,000
Previous Owner Colise2 Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2016 09/20/16 Sold $1,150,000 -11.2% $656 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $1,295,000 -- $739 / Sq Ft
Source: The MLS

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 $16,100 $1,253,427 $754,378 $499,049
2024 $16,100 $1,228,851 $739,587 $489,264
2023 $15,808 $1,204,757 $725,086 $479,671
2022 $15,116 $1,181,135 $710,869 $470,266
2021 $14,933 $1,157,977 $696,931 $461,046
2020 $15,074 $1,146,104 $689,785 $456,319
2019 $14,276 $1,123,632 $676,260 $447,372
2018 $13,923 $1,101,600 $663,000 $438,600
2016 $4,368 $334,225 $265,259 $68,966
2015 $4,309 $329,206 $261,275 $67,931
2014 $4,352 $322,758 $256,157 $66,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-122872

The MLS

APN: 2505-003-006