NOT LISTED FOR SALE

Estimated Value: $739,000 - $856,019

7 Beds
4 Baths
2,152 Sq Ft
$367/Sq Ft Est. Value

Sale Details

Date Sold: April 11, 2022

Last sale price $761,000 $354 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,017 / mo

43 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Laundry Facilities
  • Fireplace
  • Outdoor Storage
  • Auto Driveway Gate

About This Home

As of April 2022

Great Opportunity to start your investment portfolio, 3 units for sale, front 2 units are 1 bedroom 1 bath each, Back house has a total of 5 bedrooms and 2 baths, and Attic is being used a sixth bedroom, plus there is a detached studio unit, it has a cozy large back yard where you can grill and have space for social activity, you can live in one and rent the others, property has many amenities too many extras to list, come take a look for yourself!

Last Agent to Sell the Property

Olga Ramirez

RE/MAX Dynasty License #01096403 Listed on: 12/01/2021

RE/MAX Dynasty

Last Buyer's Agent

Nohemi Ramirez

Keller Williams Realty License #02122572

Keller Williams Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 6,651 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached
  • Additions or Alterations

Interior Spaces

  • 2,152 Sq Ft Home
  • Fireplace
  • Double Pane Windows
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Auto Driveway Gate

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 27
  • Assessor Parcel Number 7422022037

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,440
  • Insurance Expense $1,200
  • Water Sewer Expense $1,920
  • Operating Expense $4,560
  • Gross Income $18,360
  • Net Operating Income $13,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

6,651 Sq Ft Lot

Listing Details

  • Ad Number: 5625722701
  • Property Attached: Yes
  • Water Sewer Expenses: 1920.00
  • Property Condition: Additions/Alterations
  • Property Type: Residential Income
  • Parcel Number: 7422022037
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 353.62
  • Window Features: Double Pane Windows

Exterior Features

  • Other Structures: Storage
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Auto Driveway Gate

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • 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: 2-5 Units/Acre
  • Lot Size Sq Ft: 6651.00
  • Lot Size Acres: 0.1527

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 1440.00
  • Gross Income: 18360.00
  • Gross Scheduled Income: 18360.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6651.0000 Square Feet
  • Net Operating Income: 13800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 4560.00
  • Rent Control: Yes
  • Total Actual Rent: 6500.00
  • Total Expenses: 4560.00

Tax Info

  • Tax Lot: 27

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Apr 1, 2022
Sold by
Rubalcava Efrain and Rubalcava Lourdes
Bought by
Seller's Agent
Olga Ramirez
RE/MAX Dynasty
Buyer's Agent
Nohemi Ramirez
Keller Williams Realty
List Price
$749,000
Sold Price
$761,000
Premium/Discount to List
$12,000
1.6%
Current Estimated Value
$787,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,633
Avg. Annual Appreciation
0.82%
Original Mortgage
$747,216
Outstanding Balance
$685,194
Interest Rate
3.76%
Mortgage Type
FHA
Estimated Equity
$103,561

Purchase Details

Closed on
Dec 5, 2017
Sold by
Rubalcava Efrain
Bought by
Rubalcava Efrain and Rubalcava Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,708
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

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

Purchase Details

Closed on
Jul 23, 2012
Sold by
Bryen George R
Bought by
Bryen George R and Bryen Doris

Purchase Details

Closed on
Jan 28, 2009
Sold by
Cerda Salvador F
Bought by
Rubalcava Efrain and Perez Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
5.08%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 11, 2006
Sold by
Garcia Francisco
Bought by
Cerda Salvador F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
8.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2003
Sold by
Cerda Jose Manuel
Bought by
Garcia Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2003
Sold by
Cerda Amador
Bought by
Cerda Jose Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 1998
Sold by
Cerda Amador
Bought by
Cerda Amador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.02%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 16, 1993
Sold by
Cerda Amador
Bought by
Cerda Amador and Cerda Maria
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Wilmington, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$761,000 First American Title Company O
Rubalcava Efrain -- Title 365
Tegel -- --
Bryen George R -- None Available
Rubalcava Efrain $350,000 Landwood Title
Cerda Salvador F -- Investors Title Company
Garcia Francisco -- Investors Title Company
Garcia Francisco $300,000 Ticor Title Company
Cerda Jose Manuel -- --
Cerda Amador -- Chicago Title
Cerda Amador -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $19,248
Closed Orellana Aracely $24,436
Open Orellana Aracely $45,449
Open Mendoza Juan Manuel $747,216
Previous Owner Rubalcava Efrain $289,700
Previous Owner Rubalcava Efrain $297,708
Previous Owner Rubalcava Efrain $343,660
Previous Owner Cerda Salvador F $567,000
Previous Owner Garcia Francisco $455,000
Previous Owner Garcia Francisco $285,000
Previous Owner Cerda Amador $35,000
Previous Owner Cerda Amador $144,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/11/2022 04/11/22 Sold $761,000 +1.6% $354 / Sq Ft
02/23/2022 02/23/22 For Sale $749,000 0.0% $348 / Sq Ft
01/15/2022 01/15/22 For Sale $749,000 -1.6% $348 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
01/13/2022 01/13/22 Off Market $761,000 -- --
12/05/2021 12/05/21 For Sale $749,000 -1.6% $348 / Sq Ft
12/02/2021 12/02/21 Off Market $761,000 -- --
12/01/2021 12/01/21 For Sale $749,000 -1.6% $348 / Sq Ft
11/26/2021 11/26/21 Off Market $761,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,041 $823,729 $606,161 $217,568
2025 $10,041 $807,578 $594,276 $213,302
2024 $9,896 $791,744 $582,624 $209,120
2023 $9,791 $776,220 $571,200 $205,020
2022 $5,425 $424,708 $297,299 $127,409
2021 $5,352 $416,381 $291,470 $124,911
2019 $5,199 $404,033 $282,826 $121,207
2018 $5,072 $396,112 $277,281 $118,831
2017 $4 $388,346 $271,845 $116,501
2016 $4,836 $380,732 $266,515 $114,217
2015 $4,769 $375,014 $262,512 $112,502
2014 $4,802 $367,669 $257,370 $110,299
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21252685

California Regional Multiple Listing Service (CRMLS)

APN: 7422-022-037

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