NOT LISTED FOR SALE

1517 E Cruces St Wilmington, CA 90744

Estimated Value: $613,000 - $707,000

3 Beds
2 Baths
1,125 Sq Ft
$587/Sq Ft Est. Value

Sale Details

Date Sold: March 26, 2015

Last sale price $265,000 $236 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $3,902 / mo

32 Days on Market

Highlights

  • Private Yard
  • Cooling System Powered By Gas
  • Wrought Iron Fence
  • No HOA
  • Living Room
  • 4-minute walk to East Wilmington Vest Pocket Park

About This Home

As of March 2015

Freddie Mac REO. Borrower owed 325K. 2 houses on 40 x 126 lot: va-cant 504 sq. ft. 1 bed + rented 621 sq. ft. 2 bed, both built in 1923. Rented unit will be delivered occ-upied. Completed walled and gated lot, raised foundations, 1 car garage, quiet residential street. Good rental area adjacent to LA Port.

Last Agent to Sell the Property

Leo Nordine

Nordine Realtors, Inc. License #00961679 Listed on: 12/11/2014

Last Buyer's Agent

David Morales

Virtual Brokers License #01893696

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,035 Sq Ft Lot
  • Lot Dimensions are 40 x 126
  • No Common Walls
  • South Facing Home
  • Wrought Iron Fence
  • Brick Fence
  • Private Yard

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor
  • Raised Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,125 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Powered By Gas
  • No Heating
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 107
  • Tax Tract Number 4251
  • Assessor Parcel Number 7426022018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

5,035 Sq Ft Lot

Parking

1

Listing Details

  • Property Attached: No
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 7426022018
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 235.56
  • Room Type: Living Room

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Fencing: Brick, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: No
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Yard
  • Lot Size: 40 x 126
  • Lot Size Sq Ft: 5035.00
  • Lot Size Acres: 0.1160

Multi Family

  • Average1 Bed Area: 504
  • Average2 Bed Area: 621
  • Lot Size Area: 5035.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 1250.00

Tax Info

  • Tax Lot: 107
  • Tax Tract Number: 4251

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2017
Sold by
Bought by
Current Estimated Value
$660,805

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
Dec 11, 2014
Closed on
Mar 12, 2015
Sold by
Bought by
Seller's Agent
Leo Nordine
Nordine Realtors, Inc.
Buyer's Agent
David Morales
Virtual Brokers
List Price
$254,900
Sold Price
$265,000
Premium/Discount to List
$10,100
3.96%

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
$260,200
Interest Rate
3.54%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 29, 1999
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$265,000 Servicelink
$186,009 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed --
Previous Owner $260,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/26/2015 03/26/15 Sold $265,000 +4.0% $236 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
12/11/2014 12/11/14 For Sale $254,900 -- $227 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,048 $318,483 $240,367 $78,116
2024 $3,984 $312,239 $235,654 $76,585
2023 $3,909 $306,118 $231,034 $75,084
2022 $3,733 $300,116 $226,504 $73,612
2021 $3,683 $294,232 $222,063 $72,169
2020 $3,716 $291,216 $219,787 $71,429
2019 $3,575 $285,507 $215,478 $70,029
2018 $3,468 $279,909 $211,253 $68,656
2016 $3,307 $269,041 $203,050 $65,991
2015 $3,115 $245,905 $133,199 $112,706
2014 $3,137 $241,089 $130,590 $110,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14256760

California Regional Multiple Listing Service (CRMLS)

APN: 7426-022-018

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