NOT LISTED FOR SALE

13561 Corak St Baldwin Park, CA 91706

Estimated Value: $496,000 - $960,000

3 Beds
2 Baths
540 Sq Ft
$1,241/Sq Ft Est. Value

Last Sold March 13, 2019

Last sale price $360,000 $667 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,984/month

26 Days on Market

Highlights

  • No Units Above
  • Property is near a park
  • No HOA
  • Sierra Vista High Rated A-
  • Private Yard
  • Cul-De-Sac

About This Home

As of March 2019

Single house has been converted into a 2 bedroom & 1 quest house attached were grand father converted into a 1 bedroom house with approx 400 sq ft in addition to the original 540 sq ft. Both units are leased out with monthly lease. Possible to build 1 brand new house with a quest house. Please check with the city. Conveniently located close to major shopping area, Kaiser Permanente Hospital & High school. Subject property is accessible thru an easement driveway going into the units.

Last Agent to Sell the Property

Andy Loh

KO TAI REALTY License #00572533 Listed on: 01/06/2019

KO TAI REALTY

Last Buyer's Agent

Francis Choe

APEX REALTY & INVESTMENTS License #01264746

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,109

Year Built

  • Built in 1935

Lot Details

  • 8,416 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Cul-De-Sac
  • Landscaped
  • Private Yard

Home Design

  • 540 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Carport
  • Gas And Electric Dryer Hookup

Parking

  • Parking Available
  • Driveway
  • Unpaved Parking

Additional Features

  • Exterior Lighting
  • Property is near a park

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 21
  • Tax Tract Number 11499
  • Assessor Parcel Number 8552023034

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $12,360
  • Gross Income $12,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,109

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8552023034
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 666.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Unpaved

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, In Carport
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Landscaped, Park Nearby, Yard
  • Lot Size Sq Ft: 8416.00
  • Lot Size Acres: 0.1932

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 400 Square Feet
  • Average2 Bed Area: 540 Square Feet
  • Gross Income: 12360.00
  • Gross Scheduled Income: 12360.00
  • Insurance Expense: 12360.00
  • Lot Size Area: 8416.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 21
  • Tax Tract Number: 11499

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2019
Closed on
Feb 4, 2019
Sold by
Wu Dabby Chi Yan and Wu Cindy Bing Bing
Bought by
Olivares Carlos Fernando
Seller's Agent
Andy Loh
KO TAI REALTY
Buyer's Agent
Francis Choe
APEX REALTY & INVESTMENTS
List Price
$360,000
Sold Price
$360,000
Current Estimated Value
$670,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,405
Avg. Annual Appreciation
9.88%
Original Mortgage
$288,000
Outstanding Balance
$252,687
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$417,718

Purchase Details

Listed on
Jul 27, 2017
Closed on
Nov 14, 2017
Sold by
Ho Howard T A
Bought by
Wu Dabby Chi Yan and Wu Cindy Bing Bing
Seller's Agent
Jane Zhang
Pinnacle Real Estate Group
Buyer's Agent
Jane Zhang
Pinnacle Real Estate Group
List Price
$348,000
Sold Price
$299,000
Premium/Discount to List
-$49,000
-14.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.01%
Original Mortgage
$200,000
Interest Rate
3.94%
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
Olivares Carlos Fernando $360,000 Chicago Title Co
Wu Dabby Chi Yan $299,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olivares Carlos Fernando $288,000
Previous Owner Wu Dabby Chi Yan $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2019 03/13/19 Sold $360,000 0.0% $667 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
01/06/2019 01/06/19 For Sale $360,000 +20.4% $667 / Sq Ft
12/12/2017 12/12/17 Sold $299,000 -14.1% $554 / Sq Ft View Prior Sale
11/13/2017 11/13/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $348,000 -- $644 / 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 $5,109 $401,581 $321,267 $80,314
2024 $5,109 $393,708 $314,968 $78,740
2023 $5,056 $385,990 $308,793 $77,197
2022 $5,155 $378,423 $302,739 $75,684
2021 $5,083 $371,003 $296,803 $74,200
2019 $634 $304,980 $243,984 $60,996
2018 $3,908 $299,000 $239,200 $59,800
2017 $2,617 $187,534 $157,476 $30,058
2016 $2,514 $183,858 $154,389 $29,469
2015 $2,577 $181,097 $152,070 $29,027
2014 $2,547 $177,551 $149,092 $28,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19003861

California Regional Multiple Listing Service (CRMLS)

APN: 8552-023-034