$459,900
SOLD SEP 25, 2018
5 Beds
3 Baths
5,561 Sq Ft
5,561 Sq Ft Lot

Recently Sold

$83 Per Sq Ft

2% Below List Price

50 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Stacked Washer and Dryer

About This Home

As of September 2018

PRICE REDUCTION!! Calling all investors! Units will NOT be delivered vacant. Great duplex for owner to occupy one unit and rent the other. Two separate units consist of 3 bedroom two bath in front, and two bedroom one bath in rear. Long driveway with room for a few cars, yard in rear with plenty of room for kids. Rear unit has been recently upgraded (kitchen, bathroom), and new electrical box.

Last Agent to Sell the Property

Rashad Ryans

Ryans Property Group License #01749177 Listed on: 06/30/2018

Ryans Property Group

Last Buyer's Agent

Cesar Rivas

Berkshire Hathaway HomeServices CA Properties License #01376869

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,368

Year Built

  • Built in 1908

Lot Details

  • 5,561 Sq Ft Lot
  • No Common Walls
  • Private Yard

Home Design

  • 5,561 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 48
  • Tax Tract Number 2
  • Assessor Parcel Number 5101034018

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $900
  • Trash Expense $800
  • Water Sewer Expense $1,200
  • Operating Expense $2,900
  • Gross Income $36,828
  • Net Operating Income $33,928

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,368

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5101034018
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 82.70

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Trash Expense: 800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5561.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 36828.00
  • Gross Scheduled Income: 36828.00
  • Insurance Expense: 900.00
  • Net Operating Income: 33928.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2900.00
  • Rent Control: Yes
  • Total Expenses: 2900.00

Tax Info

  • Tax Census Tract: 2328.00
  • Tax Lot: 48
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2018
Closed on
Aug 23, 2018
Sold by
Campbell Henry
Bought by
Ceja Julio Cesar Romero
Seller's Agent
Rashad Ryans
Ryans Property Group
Buyer's Agent
Cesar Rivas
Berkshire Hathaway HomeServices CA Properties
List Price
$469,900
Sold Price
$459,900
Premium/Discount to List
-$10,000
-2.13%
Current Estimated Value
$682,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,407
Avg. Annual Appreciation
6.53%
Original Mortgage
$367,920
Outstanding Balance
$323,468
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$384,493

Purchase Details

Listed on
Aug 26, 2016
Closed on
Dec 29, 2016
Sold by
Hernandez Reina C and Hernandez Reina Cristina
Bought by
Campbell Henry
Seller's Agent
STEVE LUGO
GEORGE MICHAEL REALTY
Buyer's Agent
Ryan Williams
Equity Union
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$409,447
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 25, 2015
Closed on
Jun 12, 2015
Sold by
Williams Ruth and Ruth Williams Family Trust
Bought by
Hernandez Reina C
Seller's Agent
Eric Roque
ROQUE REALTY
Buyer's Agent
MOISES FLORES
ROQUE REALTY
List Price
$299,999
Sold Price
$300,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.19%
Original Mortgage
$294,566
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 2012
Sold by
Williams Ruth
Bought by
The Ruth Williams Family Trust

Purchase Details

Closed on
Jan 10, 2012
Sold by
Williams Ruth
Bought by
Williams Ruth
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $460,000 Fidelity National Title Comp
Grant Deed $425,000 Title 365
Grant Deed $300,000 Wfg National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $367,920 New Conventional
Previous Owner $409,447 FHA
Previous Owner $294,566 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2018 09/25/18 Sold $459,900 0.0% $83 / Sq Ft
08/19/2018 08/19/18 Pending -- -- --
08/10/2018 08/10/18 Price Changed $459,900 -3.2% $83 / Sq Ft
07/06/2018 07/06/18 Price Changed $475,000 +1.1% $85 / Sq Ft
06/30/2018 06/30/18 For Sale $469,900 +10.6% $84 / Sq Ft
02/17/2017 02/17/17 Sold $425,000 0.0% $257 / Sq Ft
01/09/2017 01/09/17 Pending -- -- --
01/06/2017 01/06/17 Off Market $425,000 -- --
10/28/2016 10/28/16 For Sale $425,000 0.0% $257 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $425,000 +41.7% $257 / Sq Ft
06/19/2015 06/19/15 Sold $300,000 0.0% $181 / Sq Ft
05/25/2015 05/25/15 Pending -- -- --
04/25/2015 04/25/15 For Sale $299,999 -- $181 / 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
2024 $6,368 $502,964 $352,151 $150,813
2023 $6,248 $493,103 $345,247 $147,856
2022 $5,963 $483,435 $338,478 $144,957
2021 $5,886 $473,957 $331,842 $142,115
2020 $5,942 $469,098 $328,440 $140,658
2019 $5,713 $459,900 $322,000 $137,900
2018 $5,413 $433,500 $280,500 $153,000
2017 $0 $310,666 $207,111 $103,555
2016 $3,830 $304,575 $203,050 $101,525
2015 $1,590 $116,589 $50,688 $65,901
2014 $1,609 $114,307 $49,696 $64,611
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18157222

California Regional Multiple Listing Service (CRMLS)

APN: 5101-034-018