NOT LISTED FOR SALE

Estimated Value: $764,000 - $842,000

6 Beds
2 Baths
1,742 Sq Ft
$465/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $655,000 $376 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,918/month

2 Days on Market

Highlights

  • Two Homes on a Lot
  • Central Air
  • 3-minute walk to Wall Street Park
  • Laundry Room
  • 1-Story Property

About This Home

As of August 2023

Come see this duplex nicely taken cared of. Both units are 3 bedroom and 1 bathroom each. Currently rented but will be delivered vacant. Priced for quick sale, it wont last long. Don't miss out this opportunity!

Last Agent to Sell the Property

Gilmer Pozo

Real Estate Bankers inc. License #01423037 Listed on: 07/01/2023

Last Buyer's Agent

Rishi Rana

Seven Gables Real Estate License #02008978

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,200 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,742 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Two Homes on a Lot
  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 112
  • Tax Tract Number 112
  • Assessor Parcel Number 6030013018
  • $342 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Trash Expense $300
  • Gross Income $3,200
  • Net Operating Income $3,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAR3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6030013018
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 376.00

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Outside
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5200.00
  • Lot Size Acres: 0.1194

Multi Family

  • Gross Income: 3200.00
  • Gross Scheduled Income: 3200.00
  • Insurance Expense: 600.00
  • Lot Size Area: 5200.0000 Square Feet
  • Net Operating Income: 3100.00
  • 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: 100.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2397.02
  • Tax Lot: 112
  • Tax Tract Number: 0112
  • TaxOtherAnnualAssessmentAmount: 342.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2009
Sold by
Wells Fargo Bank Na
Bought by
Barahona Jose G Gomez
Current Estimated Value
$810,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Outstanding Balance
$163,928
Interest Rate
5.37%
Mortgage Type
FHA
Estimated Equity
$646,425

Purchase Details

Closed on
Sep 9, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 20, 2009
Sold by
Barbosa Jose Medina
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 4, 2008
Sold by
Barbosa Jose Medina
Bought by
Medina Neida Jessenia

Purchase Details

Closed on
Oct 24, 2007
Sold by
Ortiz Investment Inc
Bought by
Barboza Jose Medina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,450
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2006
Sold by
Walker Cornelius and Walker Esther
Bought by
Ortiz Evaristo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
8.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 1, 1995
Sold by
Walker Cornelious and Walker Esther
Bought by
Walker Cornelious

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
8.47%
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
Barahona Jose G Gomez $250,000 Servicelink
Wells Fargo Bank Na -- Servicelink
Federal Home Loan Mortgage Corporation $288,000 Accommodation
Medina Neida Jessenia -- None Available
Barboza Jose Medina $649,000 Fidelity National Title Co
Ortiz Investments Inc -- Fidelity National Title Co
Ortiz Evaristo $335,000 Fidelity National Title Co
Walker Cornelious -- Orange Coast Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barahona Jose G Gomez $245,471
Previous Owner Barboza Jose Medina $526,450
Previous Owner Ortiz Evaristo $268,000
Previous Owner Walker Cornelious $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2023 08/15/23 Sold $655,000 0.0% $376 / Sq Ft
07/22/2023 07/22/23 Off Market $655,000 -- --
07/22/2023 07/22/23 For Sale $650,000 -0.8% $373 / Sq Ft
07/07/2023 07/07/23 Off Market $655,000 -- --
07/03/2023 07/03/23 Pending -- -- --
07/01/2023 07/01/23 For Sale $650,000 -- $373 / 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 $8,206 $668,100 $494,700 $173,400
2024 $8,206 $655,000 $485,000 $170,000
2023 $3,984 $310,161 $137,214 $172,947
2022 $3,805 $304,080 $134,524 $169,556
2021 $3,750 $298,119 $131,887 $166,232
2020 $3,782 $295,063 $130,535 $164,528
2019 $3,640 $289,278 $127,976 $161,302
2018 $3,537 $283,607 $125,467 $158,140
2016 $3,364 $272,596 $120,596 $152,000
2015 $3,316 $268,502 $118,785 $149,717
2014 $3,337 $263,244 $116,459 $146,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23118070

California Regional Multiple Listing Service (CRMLS)

APN: 6030-013-018