NOT LISTED FOR SALE

1339 E M St Wilmington, CA 90744

Estimated Value: $603,000 - $838,000

4 Beds
2 Baths
1,546 Sq Ft
$468/Sq Ft Est. Value

Last Sold August 23, 2016

Last sale price $279,000 $180 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $4,137/month

8 Days on Market

About This Home

As of August 2016

Investor special priced to sell fast! Two homes on a lot. These homes have a lot of deferred maintenance and repairs. Sold As-Is subject to buyers right to inspections.

Last Agent to Sell the Property

Armando Mendoza

West Shores Realty, Inc. License #01280264 Listed on: 07/18/2016

Last Buyer's Agent

Gabriela Bermudez

Las Lomas Realty, Inc. License #01305717

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,149

Year Built

  • Built in 1930

Lot Details

  • 4,820 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Home Design

  • 1,546 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 542
  • Assessor Parcel Number 7425019028

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $3,487
  • Operating Expense $3,487
  • Gross Income $1,284

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,149

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 7425019028
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 180.47

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 4820.00
  • Price Per Lot Square Foot: 57.88
  • Lot Size Acres: 0.1110

Multi Family

  • Gross Income: 1284.00
  • Gross Scheduled Income: 15410.00
  • Lot Size Area: 4820.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 3487.00

Tax Info

  • New Taxes Expense: 3487.00
  • Tax Lot: 542

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2023
Sold by
Sussman Allen Zachary and Sussman Suzanne Lynne
Bought by
Luna Creek Realty Llc
Current Estimated Value
$722,871

Purchase Details

Closed on
Apr 3, 2017
Sold by
Tegel
Bought by
Tegel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.14%

Purchase Details

Listed on
Jul 18, 2016
Closed on
Sep 19, 2016
Sold by
Luna Creek Realty Llc
Bought by
Sussman Allen Zachary and Sussman Suzanne Lynne
Seller's Agent
Armando Mendoza
West Shores Realty, Inc.
Buyer's Agent
Gabriela Bermudez
Las Lomas Realty, Inc.
List Price
$279,000
Sold Price
$279,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%

Purchase Details

Listed on
Jul 18, 2016
Closed on
Aug 17, 2016
Sold by
Coastal Holdings Llc
Bought by
Luna Creek Realty Llc
Seller's Agent
Armando Mendoza
West Shores Realty, Inc.
Buyer's Agent
Gabriela Bermudez
Las Lomas Realty, Inc.
List Price
$279,000
Sold Price
$279,000

Purchase Details

Listed on
May 31, 2016
Closed on
Jun 7, 2016
Sold by
Sedillo Eddie and Eddie Sedillo Family Trust
Bought by
Coastasl Holdings Llc
Seller's Agent
Gordon Inman
Keller Williams Realty
Buyer's Agent
Gordon Inman
Keller Williams Realty
List Price
$259,000
Sold Price
$220,000
Premium/Discount to List
-$39,000
-15.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
3.64%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 13, 1996
Sold by
Sedillo Eddie
Bought by
Sedillo Eddie and Eddie Sedillo Family Trust
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
Luna Creek Realty Llc -- None Listed On Document
Tegel -- --
Sussman Allen Zachary -- Fidelity National Title Co
Luna Creek Realty Llc $279,000 Fidelity National Title
Coastasl Holdings Llc $220,000 Fidelity National Title Co
Sedillo Eddie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tegel --
Previous Owner Coastasl Holdings Llc $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2016 08/23/16 Sold $279,000 +26.8% $180 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
07/18/2016 07/18/16 Sold $220,000 -21.1% $142 / Sq Ft View Prior Sale
07/18/2016 07/18/16 For Sale $279,000 +7.7% $180 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $259,000 -- $168 / 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 $4,149 $323,796 $232,114 $91,682
2024 $4,149 $317,448 $227,563 $89,885
2023 $4,074 $311,224 $223,101 $88,123
2022 $3,891 $305,123 $218,727 $86,396
2021 $3,839 $299,141 $214,439 $84,702
2020 $3,873 $296,075 $212,241 $83,834
2019 $3,729 $290,271 $208,080 $82,191
2018 $3,629 $284,580 $204,000 $80,580
2016 $615 $34,949 $17,578 $17,371
2015 $609 $34,425 $17,314 $17,111
2014 $626 $33,751 $16,975 $16,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16156763

California Regional Multiple Listing Service (CRMLS)

APN: 7425-019-028