NOT LISTED FOR SALE

Estimated Value: $623,399 - $947,000

6 Beds
3 Baths
2,316 Sq Ft
$326/Sq Ft Est. Value

Last Sold April 05, 2013

Last sale price $279,500 $121 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $4,325/month

47 Days on Market

About This Home

As of April 2013

3 in Units good condition. Short Sale subject to lenders approval. Commission based on lenders approval. Call for appointment.

Last Agent to Sell the Property

Gary Rubalcava

Century 21 Masters License #01185814 Listed on: 12/20/2012

Century 21 Masters

Last Buyer's Agent

Louie Corona

AMERICAN FREEDOM REALTY License #00997843

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 5,104 Sq Ft Lot

Parking

  • 5 Parking Spaces

Home Design

  • 2,316 Sq Ft Home
  • Frame Construction
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 40 / M
  • Tax Tract Number 2294
  • Assessor Parcel Number 5101018023

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $2,100
  • Net Operating Income $2,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Assessments: Yes
  • Security: Window Bars
  • View: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5101018023
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 120.68

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Total Parking Spaces: 5.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5104.00
  • Lot Size Acres: 0.1170

Multi Family

  • Gross Income: 2100.00
  • Gross Scheduled Income: 25200.00
  • Lot Size Area: 5104.0000 Square Feet
  • Net Operating Income: 2100.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 2100.00

Tax Info

  • Tax Area: 7
  • Tax Block: M
  • Tax Lot: 40
  • Tax Tract Number: 2294
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2012
Closed on
Mar 29, 2013
Sold by
Garcia Jose M and Garcia Socorro
Bought by
Kashani Farhad S and Kashani Dolat S
Seller's Agent
Gary Rubalcava
Century 21 Masters
Buyer's Agent
Louie Corona
AMERICAN FREEDOM REALTY
List Price
$275,000
Sold Price
$279,500
Premium/Discount to List
$4,500
1.64%
Current Estimated Value
$755,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,350
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
Aug 29, 2002
Sold by
Hurtado Nestor M
Bought by
Garcia Jose M and Garcia Socorro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
6.05%

Purchase Details

Closed on
Dec 2, 1999
Sold by
Brown And Owens Limited Ptnshp
Bought by
Garcia Jose M and Garcia Socorro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,119
Interest Rate
7.72%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 1997
Sold by
Phea Marian
Bought by
Phea Marian and Arceneaux John V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 1994
Sold by
Jaubert Lazaro
Bought by
Jaubert Sarah

Purchase Details

Closed on
Jul 7, 1994
Sold by
Arceneaux John V
Bought by
Phea Marian

Purchase Details

Closed on
Dec 16, 1991
Sold by
Jaubert Sarah
Bought by
Arceneaux John V
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kashani Farhad S $279,500 Orange Coast Title Company O
Garcia Jose M -- Fidelity National Title Co
Garcia Jose M $181,500 Gateway Title Company
Phea Marian -- --
Jaubert Sarah -- World Title
Phea Marian -- --
Arceneaux John V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Jose M $194,000
Previous Owner Garcia Jose M $180,119
Previous Owner Phea Marian $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2013 04/05/13 Sold $279,500 +1.6% $121 / Sq Ft
11/23/2012 11/23/12 Pending -- -- --
10/07/2012 10/07/12 For Sale $275,000 -- $119 / 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 $4,466 $344,173 $197,024 $147,149
2024 $4,466 $337,425 $193,161 $144,264
2023 $4,386 $330,810 $189,374 $141,436
2022 $4,191 $324,324 $185,661 $138,663
2021 $4,180 $317,966 $182,021 $135,945
2020 $4,167 $314,707 $180,155 $134,552
2019 $4,013 $308,537 $176,623 $131,914
2018 $3,918 $302,488 $173,160 $129,328
2016 $3,727 $290,744 $166,437 $124,307
2015 $3,675 $286,377 $163,937 $122,440
2014 $3,706 $280,768 $160,726 $120,042
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12124941

California Regional Multiple Listing Service (CRMLS)

APN: 5101-018-023