NOT LISTED FOR SALE

Estimated Value: $753,000 - $890,000

1 Bed
1 Bath
1,584 Sq Ft
$536/Sq Ft Est. Value

Last Sold October 25, 2013

Last sale price $438,750 $277 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,043/month

36 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Bungalow
  • Carpet

About This Home

As of October 2013

Lots of Potential! Three one bedroom, one bath units and lots of parking. Fantastic opportunity to either buy and hold with established rental income or buy and develop on a 10,000 plus sq. ft. lot. Flat, easy to build lot with about 61 ft frontage on 1516 205th St. 71 ft frontage on 1512 204th St. Architectural plans INCLUDED that were previously approved by City for a three level development with a total of 14,630 interior sq ft. Potential for luxury six, 3 bedroom/2 bath homes, each with ground level parking spaces. Convenient to the freeway, shopping and bus stop. This is a great opportunity for investors and builders!

Last Agent to Sell the Property

Karen Larsen

Estate Properties License #01392457 Listed on: 09/04/2013

Last Buyer's Agent

Karen Larsen

Estate Properties License #01392457 Listed on: 09/04/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,127

Year Built

  • Built in 1944

Lot Details

  • 10,603 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Bungalow
  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Plaster

Interior Spaces

  • 1,584 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 6 Parking Spaces
  • Parking Available
  • Unassigned Parking

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 8 / 58
  • Tax Tract Number 4983
  • Assessor Parcel Number 7351015011

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $656
  • Other Expense $192
  • Water Sewer Expense $780
  • Gross Income $2,232
  • Net Operating Income $23,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,127

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 780.00
  • Zoning: LARD1.5
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 7351015011
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 276.99

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Plaster

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10603.00
  • Lot Size Acres: 0.2430

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 525
  • Gross Income: 2232.00
  • Gross Scheduled Income: 26784.00
  • Insurance Expense: 656.00
  • Lot Size Area: 10603.0000 Square Feet
  • Net Operating Income: 23440.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 1350.00
  • Other Expense: 192.00
  • Rent Control: Yes

Tax Info

  • Tax Block: 58
  • Tax Lot: 8
  • Tax Tract Number: 4983
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2024
Sold by
Pensi Larissa Rubijevsky Defined Benefit and Pensi Larissa Rubijevsky
Bought by
Lr 401K Plan and Rubijevsky
Current Estimated Value
$848,368

Purchase Details

Listed on
Sep 4, 2013
Closed on
Oct 16, 2013
Sold by
W 204 Street Llc
Bought by
Rubijevsky Ilya and Rubijevsky Larissa
Seller's Agent
Karen Larsen
Estate Properties
Buyer's Agent
Karen Larsen
Estate Properties
List Price
$550,000
Sold Price
$438,750
Premium/Discount to List
-$111,250
-20.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%

Purchase Details

Closed on
Nov 8, 2005
Sold by
W 204Th Street Llc
Bought by
W 204 Street Llc

Purchase Details

Closed on
Jun 10, 2005
Sold by
Studebaker Beverly and The Ebel Family Trust
Bought by
W 204Th Street Llc

Purchase Details

Closed on
May 27, 1994
Sold by
Ebel Sadie M
Bought by
Ebel Sadie M
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
Lr 401K Plan -- None Listed On Document
Rubijevsky Ilya $439,000 Fidelity National Title
W 204 Street Llc -- --
W 204Th Street Llc $525,000 Fidelity National Title Co
Ebel Sadie M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2013 10/25/13 Sold $438,750 -20.2% $277 / Sq Ft
10/10/2013 10/10/13 Pending -- -- --
09/04/2013 09/04/13 For Sale $550,000 -- $347 / 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 $7,127 $537,835 $380,011 $157,824
2024 $7,127 $527,290 $372,560 $154,730
2023 $6,994 $516,952 $365,255 $151,697
2022 $6,688 $506,817 $358,094 $148,723
2021 $6,601 $496,880 $351,073 $145,807
2019 $6,413 $482,144 $340,661 $141,483
2018 $6,268 $472,691 $333,982 $138,709
2016 $5,987 $454,338 $321,014 $133,324
2015 $5,898 $447,515 $316,193 $131,322
2014 -- $438,750 $310,000 $128,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13179919

California Regional Multiple Listing Service (CRMLS)

APN: 7351-015-011