NOT LISTED FOR SALE

Estimated Value: $845,000 - $939,000

5 Beds
3 Baths
1,656 Sq Ft
$534/Sq Ft Est. Value

Last Sold December 07, 2012

Last sale price $310,000 $187 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $5,215/month

Highlights

  • Wood Flooring
  • No HOA
  • Central Heating and Cooling System
  • Van Nuys High School Rated A
  • Laundry Room

About This Home

As of December 2012

Two unit property located in the heart of Van Nuys. Front unit was completely remodeled in 2002 including new roof, copper plumbing, and windows. Currently being used as 3 bedroom and 2 bathroom (assessors states two bedrooms and one bath). Third bedroom is permitted as a den with a toilet room. Back unit is 2 bedroom and one bathroom. The back unit was built in 2002 (with permits). Separate parking spaces for each unit.

Last Agent to Sell the Property

Ricardo Lazaro

Park Regency Realty License #01352726 Listed on: 10/16/2012

Park Regency Realty

Last Buyer's Agent

Milton Hudson

All Seasons Realty License #01116933

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,813

Year Built

  • Built in 1922

Lot Details

  • 5,625 Sq Ft Lot

Home Design

  • Raised Foundation
  • Copper Plumbing

Interior Spaces

  • 1,656 Sq Ft Home
  • Window Screens
  • Wood Flooring
  • Fire and Smoke Detector
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 4 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Tract Number 1200
  • Assessor Parcel Number 2241008006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $425
  • Water Sewer Expense $1,189
  • New Taxes Expense $2,886
  • Gross Income $2,750
  • Net Operating Income $28,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,813

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: Yes
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 1189.00
  • Property Type: Residential Income
  • Parcel Number: 2241008006
  • Year Built: 1922
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Copper Plumbing Full
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 187.20
  • Window Features: Screens

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Microwave
  • Heating Type: Central
  • Laundry Features: Common Area, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 5625.00
  • Lot Size Acres: 0.1290

Multi Family

  • Gross Income: 2750.00
  • Gross Scheduled Income: 33000.00
  • Insurance Expense: 425.00
  • Lot Size Area: 5625.0000 Square Feet
  • Net Operating Income: 28500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 4500.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2886.00
  • Tax Tract Number: 1200
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2014
Sold by
Gazit Ido and Roduler Boaz
Bought by
I B M Holdings Llc
Current Estimated Value
$883,655

Purchase Details

Listed on
Oct 16, 2012
Closed on
Nov 6, 2012
Sold by
Colindres Vitalino and Colindres Sera
Bought by
Gazit Ido and Roduler Boaz
Seller's Agent
Ricardo Lazaro
Park Regency Realty
Buyer's Agent
Milton Hudson
All Seasons Realty
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$232,500
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2001
Sold by
Colindres Vitalino and Colindres Sara
Bought by
Colindres Vitalino and Colindres Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,700
Interest Rate
7.15%

Purchase Details

Closed on
Nov 16, 1999
Sold by
Rezai Fakhr M Ghassem
Bought by
Colindres Vitalino and Colindres Sara F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
7.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1994
Sold by
Pyramid Development Inc
Bought by
Moazzam Jafar G and Moazzam Esther
Source: Public Records

Range of Values:

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Average Value
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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
I B M Holdings Llc -- Accommodation
Gazit Ido $310,000 Pacific Coast Title Company
Colindres Vitalino -- Gateway Title Company
Colindres Vitalino $32,772 American Title Ins Co
Colindres Vitalino $32,772 American Title Ins Co
Colindres Vitalino $32,772 American Title Ins Co
Colindres Vitalino $32,772 American Title Ins Co
Moazzam Jafar G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gazit Ido $232,500
Previous Owner Colindres Vitalino $420,000
Previous Owner Colindres Vitalino $177,500
Previous Owner Colindres Vitalino $30,000
Previous Owner Colindres Vitalino $130,700
Previous Owner Colindres Vitalino $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2012 12/07/12 Sold $310,000 -- $187 / Sq Ft
10/16/2012 10/16/12 Pending -- -- --
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 $4,813 $381,730 $248,743 $132,987
2024 $4,813 $374,246 $243,866 $130,380
2023 $4,724 $366,909 $239,085 $127,824
2022 $4,509 $359,716 $234,398 $125,318
2021 $4,449 $352,663 $229,802 $122,861
2020 $4,490 $349,048 $227,446 $121,602
2019 $4,319 $342,205 $222,987 $119,218
2018 $4,246 $335,496 $218,615 $116,881
2016 $4,048 $322,471 $210,127 $112,344
2015 $3,991 $317,628 $206,971 $110,657
2014 $4,015 $311,407 $202,917 $108,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12074585

California Regional Multiple Listing Service (CRMLS)

APN: 2241-008-006