NOT LISTED FOR SALE

Estimated Value: $768,000 - $830,285

3 Beds
2 Baths
1,200 Sq Ft
$669/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $518,000 $432 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,860/month

264 Days on Market

Highlights

  • 11,777 Sq Ft lot
  • Fireplace
  • Laundry Room
  • Downey High School Rated A
  • Cooling Available
  • 3-minute walk to Golden Park

About This Home

As of June 2017

Duplex, Unit 1 1&1 480 Sq.Ft., Unit 2 2&1 720 Sq.Ft.

Last Agent to Sell the Property

Jeanet Salazar

J A T S Enterprises, Inc. License #01473287 Listed on: 06/03/2016

Last Buyer's Agent

Jeanet Salazar

J A T S Enterprises, Inc. License #01473287 Listed on: 06/03/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,776

Year Built

  • Built in 1947

Lot Details

  • 0.27 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Interior Spaces

  • 1,200 Sq Ft Home
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 5534
  • Assessor Parcel Number 6266007003

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $250
  • Insurance Expense $90
  • Trash Expense $78
  • Water Sewer Expense $150
  • New Taxes Expense $350
  • Operating Expense $11,736
  • Gross Income $2,500
  • Net Operating Income $800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,776

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 150.00
  • Property Type: Residential Income
  • Parcel Number: 6266007003
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Price Per Square Foot: 431.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Trash Expense: 78.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 11777.00
  • Price Per Lot Square Foot: 42.37

Multi Family

  • Electric Expense: 250.00
  • Gross Income: 2500.00
  • Gross Scheduled Income: 2500.00
  • Insurance Expense: 90.00
  • Net Operating Income: 800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 1700.00
  • Rent Control: No
  • Total Expenses: 11736.00

Tax Info

  • New Taxes Expense: 350.00
  • Tax Census Tract: 5534.00
  • Tax Lot: 16
  • Tax Tract Number: 5534.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2016
Closed on
Jun 28, 2017
Sold by
Rodriguez Jimenez Norma Elizabeth
Bought by
Mendez Arturo
Seller's Agent
Jeanet Salazar
J A T S Enterprises, Inc.
Buyer's Agent
Jeanet Salazar
J A T S Enterprises, Inc.
List Price
$499,000
Sold Price
$518,000
Premium/Discount to List
$19,000
3.81%
Current Estimated Value
$803,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,071
Avg. Annual Appreciation
5.40%
Original Mortgage
$508,617
Outstanding Balance
$422,046
Interest Rate
4.02%
Mortgage Type
FHA
Estimated Equity
$381,025

Purchase Details

Listed on
Jun 3, 2016
Closed on
May 17, 2017
Sold by
Saravia Andres Ariel and Saravia Andres Anel
Bought by
Garay Nelson Antonio Rivas and Hernandez Nancy Yadira
Seller's Agent
Jeanet Salazar
J A T S Enterprises, Inc.
Buyer's Agent
Jeanet Salazar
J A T S Enterprises, Inc.
List Price
$499,000
Sold Price
$518,000
Premium/Discount to List
$19,000
3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,617
Outstanding Balance
$422,046
Interest Rate
4.02%
Mortgage Type
FHA
Estimated Equity
$381,025

Purchase Details

Listed on
Jun 3, 2016
Closed on
May 16, 2017
Sold by
Garay Nelson Antonio Rivas and Hernandez Nancy Yadira
Bought by
Mendez Arturo
Seller's Agent
Jeanet Salazar
J A T S Enterprises, Inc.
Buyer's Agent
Jeanet Salazar
J A T S Enterprises, Inc.
List Price
$499,000
Sold Price
$518,000
Premium/Discount to List
$19,000
3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,617
Outstanding Balance
$422,046
Interest Rate
4.02%
Mortgage Type
FHA
Estimated Equity
$381,025

Purchase Details

Closed on
Feb 27, 2006
Sold by
Garay Nelson Antonio Rivas and Hernandez Nancy Yadira
Bought by
Garay Nelson Antonio Rivas and Hernandez Nancy Yadira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
8.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 13, 2006
Sold by
Carcamo Samuel and Carcamo Sonia
Bought by
Rivas Nelson A and Hernandez Nancy Yadira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
8.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 11, 2004
Sold by
Eckburg William P and Eckburg Cynthia Jean
Bought by
Carcamo Samuel and Carcamo Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Mendez Arturo -- Old Republic Title Company
Garay Nelson Antonio Rivas -- Old Republic Title Company
Mendez Arturo $518,000 Old Republic Title Company
Garay Nelson Antonio Rivas -- None Available
Rivas Nelson A $655,000 Investors Title Company
Carcamo Samuel $500,000 Lawyers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendez Arturo $508,617
Previous Owner Rivas Nelson A $524,000
Previous Owner Carcamo Samuel $400,000
Closed Carcamo Samuel $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $518,000 +3.8% $432 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $499,000 0.0% $416 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $499,000 -- $416 / 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 $7,776 $601,177 $441,019 $160,158
2024 $7,776 $589,390 $432,372 $157,018
2023 $7,518 $577,835 $423,895 $153,940
2022 $7,151 $566,506 $415,584 $150,922
2021 $6,983 $555,399 $407,436 $147,963
2020 $6,880 $549,705 $403,259 $146,446
2019 $6,809 $538,927 $395,352 $143,575
2018 $7,013 $528,360 $387,600 $140,760
2016 $5,636 $450,000 $380,000 $70,000
2015 $6,335 $510,000 $407,200 $102,800
2014 $5,650 $725,459 $579,263 $146,196
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16119945

California Regional Multiple Listing Service (CRMLS)

APN: 6266-007-003