NOT LISTED FOR SALE

1408 E Sandison St Wilmington, CA 90744

Estimated Value: $684,145 - $746,000

5 Beds
3 Baths
1,802 Sq Ft
$391/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $390,000 $216 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,126/month

75 Days on Market

About This Home

As of September 2016

Subject is a large Duplex in the heart of Wilmington, front unit is 2 bedroom 1 bath and rear unit is 3 bedroom 2 bath with large rear yard. Wilmington is a port area and is in close proximity to the San Pedro area. Subject property is in close proximity to many support facilities (school, shopping and public transportation).

Last Agent to Sell the Property

Ron Edison

Tower Realty & Investments License #00640718 Listed on: 07/06/2016

Last Buyer's Agent

Bertha Padilla

Camino Realty License #00668529

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 4,732 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 1,802 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Location

  • Property is near public transit
  • Suburban Location

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 7426009009

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 7426009009
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 216.43

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 4732.00
  • Price Per Lot Square Foot: 85.59

Multi Family

  • 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

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: Wilgar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2023
Sold by
Hernandez Edmundo
Bought by
Edmundo Hernandez Living Trust
Current Estimated Value
$704,036

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 6, 2016
Closed on
Sep 27, 2016
Sold by
Dehernandez Enedelia Morales
Bought by
Pelcastre Edmundo Hernandez
Seller's Agent
Ron Edison
Tower Realty & Investments
Buyer's Agent
Bertha Padilla
Camino Realty
List Price
$455,000
Sold Price
$390,000
Premium/Discount to List
-$65,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$292,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2016
Sold by
Olvera Ernesto U
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
May 25, 2005
Sold by
Olvera Ernesto U
Bought by
Olvera Ernesto U and Rosas Juan Olvera

Purchase Details

Closed on
Nov 8, 2004
Sold by
Olvera Ernesto U
Bought by
Olvera Ernesto U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2002
Sold by
Olvera Ernesto Uribe
Bought by
Olvera Ernesto Uribe and Rosas Juan Olvera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.86%

Purchase Details

Closed on
Sep 28, 2000
Sold by
Ameriquest Mtg Company
Bought by
Uribe Ernesto and Rosas Juan Olvera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,903
Interest Rate
7.9%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 1999
Sold by
Berumen Jose J
Bought by
Ameriquest Mtg Corp
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
Edmundo Hernandez Living Trust -- None Listed On Document
Tegel -- --
Pelcastre Edmundo Hernandez -- Stewart Title Of Ca Inc
Pelcastre Edmundo Hernandez $390,000 Stewart Title Of Ca Inc
Federal National Mortgage Association $396,300 Title365
Olvera Ernesto U -- --
Olvera Ernesto U -- Fidelity National Title Co
Olvera Ernesto Uribe -- Southland Title Corporation
Uribe Ernesto $150,000 Fidelity Title
Ameriquest Mtg Corp $130,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tegel --
Previous Owner Pelcastre Edmundo Hernandez $292,500
Previous Owner Olvera Ernesto U $212,500
Previous Owner Olvera Ernesto Uribe $153,000
Previous Owner Uribe Ernesto $148,903
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $390,000 -3.7% $216 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
08/09/2016 08/09/16 Price Changed $405,000 -11.0% $225 / Sq Ft
07/06/2016 07/06/16 For Sale $455,000 -- $252 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,654 $452,625 $290,145 $162,480
2024 $5,654 $443,751 $284,456 $159,295
2023 $5,548 $435,051 $278,879 $156,172
2022 $5,295 $426,521 $273,411 $153,110
2021 $5,224 $418,158 $268,050 $150,108
2019 $5,071 $405,756 $260,100 $145,656
2018 $4,998 $397,800 $255,000 $142,800
2016 $4,470 $364,507 $176,590 $187,917
2015 $4,405 $359,033 $173,938 $185,095
2014 $4,429 $352,001 $170,531 $181,470
Source: Public Records

Agents Affiliated with this Home

  • Ron Edison

    Seller's Agent in 2016

    Ron Edison

    Tower Realty & Investments

    (310) 614-6501

    15 Total Sales

    Ron Edison
    Section Image

  • B

    Buyer's Agent in 2016

    Bertha Padilla

    Camino Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16146068

California Regional Multiple Listing Service (CRMLS)

APN: 7426-009-009

California Los Angeles County Wilmington 90744

1408 E Sandison St, Wilmington, CA

Not Listed for Sale

MultiFamily

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