NOT LISTED FOR SALE

Estimated Value: $770,000 - $981,000

4 Beds
3 Baths
1,988 Sq Ft
$428/Sq Ft Est. Value

Last Sold August 01, 2012

Last sale price $300,000 $151 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $5,090/month

24 Days on Market

About This Home

As of August 2012

2 seperate units. Front unit 3 bedroom and 2 bath, extra room could be 4th bedroom. Recently upgraded, Vacant and ready to move-in. Rear unit is 1 bedroom and 1 bath. Long term tenant with monthly rental income of $850.00. Utilities paid seperately with the exception of water. Recent FHA appraisal for $300,000.00. Subject to cancellation of existing escrow.

Last Agent to Sell the Property

GERARDO CORONA

DIVERSIFIED WORKS License #00941523 Listed on: 04/23/2012

Last Buyer's Agent

Juan Carlos Garcia

Executive Bankers Realty License #01216946

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,318

Year Built

  • Built in 1923

Lot Details

  • 5,409 Sq Ft Lot

Home Design

  • 1,988 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Available
  • Unassigned Parking

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 20
  • Assessor Parcel Number 5110018007

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $400
  • Water Sewer Expense $600
  • Gross Income $765
  • Net Operating Income $85

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,318

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 5110018007
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 150.91

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Trash Expense: 400.00

Lot Info

  • Lot Size Sq Ft: 5409.00
  • Lot Size Acres: 0.1240

Multi Family

  • Gross Income: 765.00
  • Gross Scheduled Income: 850.00
  • Lot Size Area: 5409.0000 Square Feet
  • Net Operating Income: 85.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 85.00
  • Rent Control: Yes

Tax Info

  • Tax Lot: 20
  • Tax Tract Number: 20
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2012
Closed on
Jul 17, 2012
Sold by
Stolar Jeff and Stolar Gloria
Bought by
Osorio Martha and Osorio William W
Seller's Agent
GERARDO CORONA
DIVERSIFIED WORKS
Buyer's Agent
Juan Carlos Garcia
Executive Bankers Realty
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$818,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,320
Avg. Annual Appreciation
8.32%
Original Mortgage
$292,395
Outstanding Balance
$204,034
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$646,567

Purchase Details

Closed on
Mar 21, 2011
Sold by
Morales Miguel
Bought by
Stolar Jeff and Stolar Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2006
Sold by
Garcia Blandina
Bought by
Morales Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,015
Interest Rate
7.36%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 4, 2005
Sold by
Mejia Epifania
Bought by
Garcia Blandina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 1998
Sold by
Garcia Blandina and Garcia Epifania M
Bought by
Garcia Blandina and Mejia Epifania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,859
Interest Rate
6.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Osorio Martha $300,000 Chicago Title Company
Stolar Jeff $185,000 Chicago Title Company
Morales Miguel $485,000 Investors Title Company
Garcia Blandina -- First American Title Co
Garcia Blandina -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osorio Martha $292,395
Closed Osorio William W $292,395
Previous Owner Stolar Jeff $138,750
Previous Owner Morales Miguel $436,015
Previous Owner Garcia Blandina $256,000
Previous Owner Garcia Epifania Mejia $139,000
Previous Owner Garcia Blandina $133,859
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2012 08/01/12 Sold $300,000 0.0% $151 / Sq Ft
05/17/2012 05/17/12 Pending -- -- --
04/23/2012 04/23/12 For Sale $300,000 0.0% $151 / Sq Ft
01/16/2012 01/16/12 Sold $300,000 +0.3% $151 / Sq Ft
11/30/2011 11/30/11 Pending -- -- --
11/15/2011 11/15/11 For Sale $299,000 -- $150 / 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 $7,318 $369,415 $198,008 $171,407
2024 $7,318 $362,173 $194,126 $168,047
2023 $7,231 $355,072 $190,320 $164,752
2022 $7,013 $348,111 $186,589 $161,522
2021 $6,952 $341,286 $182,931 $158,355
2020 $6,991 $337,788 $181,056 $156,732
2019 $6,826 $331,165 $177,506 $153,659
2018 $6,730 $324,673 $174,026 $150,647
2016 $3,930 $312,068 $167,269 $144,799
2015 $3,875 $307,381 $164,757 $142,624
2014 $3,899 $301,361 $161,530 $139,831
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: M12051898

California Regional Multiple Listing Service (CRMLS)

APN: 5110-018-007