Seller's Agent in 2013
Mike Marcu
Mike Marcu, Broker
(562) 260-0940
19 Total Sales
1515 E L St Wilmington, CA 90744
Estimated Value: $640,000 - $696,801
2
Beds
2
Baths
1,542
Sq Ft
$435/Sq Ft
Est. Value
About This Home
As of December 2013The subject property is a duplex consisting of two 2 bedroom/1 bath units. Each is it's own structure. The front building is approximately 864 sq ft and the back building is approximately 710 sq ft. Both collect $618 per month from the tenant. The area surrounding the property is a mixture of single family homes and small apartment buildings. There is an elementary school approximately 100 yards away on Blinn Street. The location is well suited for a duplex. While public transportation is available on Anaheim to the north.
Last Agent to Sell the Property
Mike Marcu, Broker License #00919594 Listed on: 06/30/2013
Last Buyer's Agent
Art Gonzalez
Long Beach Realty, Inc. License #01207677
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,920
Year Built
- Built in 1929
Lot Details
- 5,206 Sq Ft Lot
- No Common Walls
- Density is 11-15 Units/Acre
Interior Spaces
- 1,542 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Parking
- 2 Parking Spaces
- Parking Available
- Assigned Parking
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 7425
- Tax Tract Number 28
- Assessor Parcel Number 7425028004
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $1,200
- Insurance Expense $1,200
- Trash Expense $1,000
- Water Sewer Expense $1,750
- New Taxes Expense $3,687
- Gross Income $1,236
- Net Operating Income $8,837
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 3, 2017
Sold by
Tegel
Bought by
Tegel
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.14%
Purchase Details
Listed on
Jun 30, 2013
Closed on
Nov 22, 2013
Sold by
Mittal Ram K
Bought by
Clark Isabel
Seller's Agent
Mike Marcu
Mike Marcu, Broker
Buyer's Agent
Art Gonzalez
Long Beach Realty, Inc.
List Price
$295,000
Sold Price
$250,000
Premium/Discount to List
-$45,000
-15.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%
Original Mortgage
$187,500
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 9, 2011
Closed on
Apr 25, 2012
Sold by
U S Bank National Association
Bought by
Mittal Ram K and Mittal Lillian B
Seller's Agent
Rob Buchan
Keller Williams Realty
Buyer's Agent
Mike Marcu
Mike Marcu, Broker
List Price
$174,900
Sold Price
$140,500
Premium/Discount to List
-$34,400
-19.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.01%
Purchase Details
Closed on
Dec 2, 2010
Sold by
Ceja Miguel G and Ceja Mary K
Bought by
Bank Of America National Association
Purchase Details
Closed on
Jul 11, 2006
Sold by
Ceja Miguel G and Ceja Mary K
Bought by
Ceja Miguel G and Ceja Mary K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.05%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tegel | -- | -- | |
| Clark Isabel | $250,000 | First American Title Company | |
| Mittal Ram K | -- | First American Title Company | |
| Mittal Ram K | $140,500 | Ticor Title Riverside | |
| Bank Of America National Association | $189,382 | Accommodation | |
| Ceja Miguel G | -- | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Clark Isabel | $302,000 | |
| Closed | Clark Isabel | $300,000 | |
| Closed | Tegel | -- | |
| Previous Owner | Clark Isabel | $187,500 | |
| Previous Owner | Mittal Ram K | $22,000,000 | |
| Previous Owner | Ceja Miguel G | $25,000 | |
| Previous Owner | Ceja Miguel G | $300,000 | |
| Previous Owner | Ceja Miguel G | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2013 12/06/13 | Sold | $250,000 | -15.3% | $162 / Sq Ft |
| 10/09/2013 10/09/13 | Pending | -- | -- | -- |
| 06/30/2013 06/30/13 | For Sale | $295,000 | +110.0% | $191 / Sq Ft |
| 05/07/2012 05/07/12 | Sold | $140,500 | -19.7% | $91 / Sq Ft |
| 04/02/2012 04/02/12 | Pending | -- | -- | -- |
| 12/09/2011 12/09/11 | For Sale | $174,900 | -- | $113 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $3,920 | $306,455 | $208,393 | $98,062 |
| 2024 | $3,920 | $300,447 | $204,307 | $96,140 |
| 2023 | $3,849 | $294,556 | $200,301 | $94,255 |
| 2022 | $3,676 | $288,781 | $196,374 | $92,407 |
| 2021 | $3,625 | $283,120 | $192,524 | $90,596 |
| 2020 | $3,658 | $280,218 | $190,550 | $89,668 |
| 2019 | $3,521 | $274,724 | $186,814 | $87,910 |
| 2018 | $3,450 | $269,338 | $183,151 | $86,187 |
| 2016 | $3,288 | $258,882 | $176,040 | $82,842 |
| 2015 | $3,242 | $254,994 | $173,396 | $81,598 |
| 2014 | $3,264 | $250,000 | $170,000 | $80,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
A
Buyer's Agent in 2013
Art Gonzalez
Long Beach Realty, Inc.
-
R
Seller's Agent in 2012
Rob Buchan
Keller Williams Realty
(310) 344-5202
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC13127967
APN: 7425-028-004
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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