NOT LISTED FOR SALE

Estimated Value: $1,423,000 - $2,015,434

6 Beds
4 Baths
3,044 Sq Ft
$575/Sq Ft Est. Value

Last Sold October 23, 2012

Last sale price $785,000 $258 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $10,433/month

91 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ramona Elementary School Rated A-
  • Laundry Room

About This Home

As of October 2012

***Location, Location, Good Location...***
Deferred maintenance. Title record of 3 separate building. NEAR VALLEY BLVD, NEAR MARKET, NEAR BUS STATION, NEAR BANK , NEAR I-10 FREEWAY,Opportunity knocks for this great three units w/over 3000 SF per Assessor.
3 Separate buildings. Front house has central heat, A/C, 2 bedrooms,1 bath dining room, laundry room w/ outside entrance & kitchen. Hardwood flooring, some under carpet. Middle house probable hardwood flooring under carpet, wall heaters, Live Room, Dining Room, Kitchen, Laundry room w/ outside entrance, kitchen, 1 bath room. 3rd unit is above garage & offers very large Live Room, Formal Dining Room,Kitchen,bath w/2 sinks, 2 bedroom + bonus room w/closet, Tile floors for easy maintenance. Wall heaters. Separate studio. 3 Garages, 4th garage is for storage. laundry room. Each building is separate. All rooms are newer paint, JUST SHOWING THE STUDIO.

Last Agent to Sell the Property

Henry Liu

Coldwell Banker Dynasty Arc. License #01378289 Listed on: 07/17/2012

Coldwell Banker Dynasty Arc.

Last Buyer's Agent

Jackie Law

NOBLE NETWORK & INVESTMENT License #01233008

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,108

Year Built

  • Built in 1939

Lot Details

  • 9,587

Parking

  • 3 Car Garage

Home Design

  • 3,044 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Sewer Paid

Additional Features

  • Laundry Room
  • 9,587 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 4816
  • Assessor Parcel Number 5357008018

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,480
  • Water Sewer Expense $2,053
  • New Taxes Expense $6,500
  • Net Operating Income $35,386

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,108

Year Built

Built in 1939

Lot Details

0

Parking

3

Listing Details

  • Other Phone Number: 626-688-2278
  • View: No
  • Water Sewer Expenses: 2053.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5357008018
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 257.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Inside, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 9587.00
  • Lot Size Acres: 0.2200

Multi Family

  • Gross Scheduled Income: 48600.00
  • Insurance Expense: 1480.00
  • Lot Size Area: 9587.0000 Square Feet
  • Net Operating Income: 35386.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 6714.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Lot: 10
  • Tax Tract Number: 4816

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2012
Closed on
Sep 4, 2012
Sold by
Ngo Alan Kwan Lun and Ngo Suan Wai Yee
Bought by
Phu Jeff and Chiem Ngoc B
Seller's Agent
Henry Liu
Coldwell Banker Dynasty Arc.
Buyer's Agent
Jackie Law
NOBLE NETWORK & INVESTMENT
List Price
$799,000
Sold Price
$785,000
Premium/Discount to List
-$14,000
-1.75%
Current Estimated Value
$1,721,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$936,360
Avg. Annual Appreciation
6.46%
Original Mortgage
$300,000
Outstanding Balance
$208,577
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$1,541,032

Purchase Details

Closed on
Jun 21, 2011
Sold by
Basurto Manuel Franco
Bought by
Ngo Alan Kwan Lun and Ngo Suan Wai Yee

Purchase Details

Closed on
Feb 2, 2005
Sold by
Crawford Johnny N and Estate Of Fred Ace Johnson
Bought by
Basurto Manuel Franco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
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
Phu Jeff $785,000 First American Title Company
Ngo Alan Kwan Lun $688,000 Lawyers Title
Basurto Manuel Franco $580,000 United Title Company Ventura
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phu Jeff $300,000
Previous Owner Basurto Manuel Franco $562,400
Previous Owner Basurto Manuel Franco $551,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2012 10/23/12 Sold $785,000 -1.8% $258 / Sq Ft
10/16/2012 10/16/12 Pending -- -- --
07/17/2012 07/17/12 For Sale $799,000 -- $262 / 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 $12,108 $966,658 $386,662 $579,996
2024 $12,108 $947,705 $379,081 $568,624
2023 $12,011 $929,124 $371,649 $557,475
2022 $11,447 $910,907 $364,362 $546,545
2021 $11,324 $893,047 $357,218 $535,829
2019 $10,933 $866,561 $346,624 $519,937
2018 $10,908 $849,571 $339,828 $509,743
2016 $10,034 $816,583 $326,633 $489,950
2015 $9,885 $804,318 $321,727 $482,591
2014 $9,766 $788,563 $315,425 $473,138
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: A12089242

California Regional Multiple Listing Service (CRMLS)

APN: 5357-008-018