NOT LISTED FOR SALE

1355 Bay View Ave Wilmington, CA 90744

Estimated Value: $614,000 - $751,000

4 Beds
3 Baths
1,366 Sq Ft
$516/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $430,000 $315 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,257/month

9 Days on Market

About This Home

As of February 2019

BACK ON THE MARKET Great opportunity to own this Duplex property, Two Homes in 1 lot. Live in one and rent the other one. These two lovely units are both 2 bedroom each/ 1 bath with plenty of front, side and back yard. Both units are in great condition, dual pain windows, spacious, raised foundation, gated throughout. Front and backyard space on both units. Long driveway for 8+ cars. Sold AS IS condition, at this price and condition these units wont last!

Last Agent to Sell the Property

Lluvia Martinez

Executives Group Real Estate Inc. License #01719643 Listed on: 12/04/2018

Last Buyer's Agent

Lluvia Martinez

Executives Group Real Estate Inc. License #01719643 Listed on: 12/04/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,032

Year Built

  • Built in 1924

Lot Details

  • 6,651 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,366 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 2
  • Assessor Parcel Number 7415008011

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,200
  • Insurance Expense $750
  • Trash Expense $740
  • Water Sewer Expense $3,360
  • New Taxes Expense $5,625
  • Operating Expense $11,675
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,032

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Price Per Unit: 225000
  • Property Attached: No
  • Water Sewer Expenses: 3360.00
  • Zoning: LAC2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7415008011
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 314.79

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 740.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6651.00
  • Lot Size Acres: 0.1527

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 30000.00
  • Insurance Expense: 750.00
  • Lot Size Area: 6651.0000 Square Feet
  • 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: Yes
  • Total Expenses: 11675.00

Tax Info

  • New Taxes Expense: 5625.00
  • Tax Census Tract: 2945.10
  • Tax Lot: 12
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2023
Sold by
Tafolla Manuel and Tafolla Alicia
Bought by
Tafolla Family Trust and Tafolla
Current Estimated Value
$705,161

Purchase Details

Listed on
Dec 4, 2018
Closed on
Jan 18, 2019
Sold by
Wismann Shirley and Wong Maria
Bought by
Tafolla Manuel and Tafolla Alicia
Seller's Agent
Lluvia Martinez
Executives Group Real Estate Inc.
Buyer's Agent
Lluvia Martinez
Executives Group Real Estate Inc.
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$301,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Nov 8, 2013
Closed on
Jan 13, 2014
Sold by
Ramirez Victor
Bought by
Wong Maria
Seller's Agent
Christian Limon
Century 21 A Better Service
Buyer's Agent
Edwin Perez
Excellence RE Real Estate
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$343,660
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2013
Sold by
Monzon Reyes D
Bought by
California Kingdom Builders Inc

Purchase Details

Closed on
Nov 19, 2010
Sold by
Duenas Blanca Iris and Rodriguez Miguel V
Bought by
Monzon Reyes D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,250
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2008
Sold by
Duenas Blanca Iris
Bought by
Duenas Blanca Iris and Rodriguez Miguel V

Purchase Details

Closed on
Jun 12, 2007
Sold by
Garcia Maria
Bought by
Duenas Blanca Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,600
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2006
Sold by
Gilbert Emily R and Melton William R
Bought by
Garcia Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2006
Sold by
Garcia Fausto
Bought by
Garcia Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 13, 2006
Sold by
Gilbert James T
Bought by
Gilbert Emily R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Second
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
Tafolla Family Trust -- None Listed On Document
Tafolla Manuel $430,000 First American Title
Tegel -- --
Wong Maria -- Wfg
Wismann Shirley $350,000 Wfg
California Kingdom Builders Inc $35,000 Wfg
Monzon Reyes D $250,000 Stewart Title Of Ca Inc
Duenas Blanca Iris -- None Available
Duenas Blanca Iris $597,000 New Century Title Co La Db
Garcia Maria G $485,000 Progressive Title Company
Garcia Maria G -- Progressive Title Company
Gilbert Emily R -- Progressive Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tafolla Manuel $301,000
Previous Owner Tegel --
Previous Owner Wismann Shirley $343,660
Previous Owner Monzon Reyes D $227,250
Previous Owner Duenas Blanca Iris $477,600
Previous Owner Garcia Maria G $388,000
Previous Owner Garcia Maria G $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2019 02/08/19 Sold $430,000 -4.4% $315 / Sq Ft
12/21/2018 12/21/18 For Sale $450,000 0.0% $329 / Sq Ft
12/13/2018 12/13/18 Pending -- -- --
12/04/2018 12/04/18 For Sale $450,000 +28.6% $329 / Sq Ft
12/31/2013 12/31/13 Sold $350,000 0.0% $256 / Sq Ft View Prior Sale
12/09/2013 12/09/13 Pending -- -- --
11/08/2013 11/08/13 For Sale $350,000 -- $256 / 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 $6,032 $479,668 $340,231 $139,437
2024 $6,032 $470,263 $333,560 $136,703
2023 $5,920 $461,043 $327,020 $134,023
2022 $5,653 $452,004 $320,608 $131,396
2021 $5,582 $443,142 $314,322 $128,820
2020 $5,635 $438,600 $311,100 $127,500
2019 $4,888 $384,617 $274,727 $109,890
2018 $4,753 $377,077 $269,341 $107,736
2016 $4,538 $362,436 $258,883 $103,553
2015 $4,474 $356,993 $254,995 $101,998
2014 $3,342 $255,000 $170,000 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18285649

California Regional Multiple Listing Service (CRMLS)

APN: 7415-008-011