NOT LISTED FOR SALE

Estimated Value: $1,589,231 - $1,717,000

12 Beds
6 Baths
5,460 Sq Ft
$303/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $765,000 $140 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $9,722/month

73 Days on Market

About This Home

As of July 2013

Charming 6 unit. Front 2 unit built in 1924 and back 4 unit built in the 60"s. All 2 bedroom units. 3 one car garages an two open space in the alley. One garage is owners storage unit, could be future income. Owner has put in new windows, new garage doors , update plumbing and bolted front 2 unit to foundation. property in good shape always stays rented.

Last Agent to Sell the Property

Charles Dunn

NAI Capital, Inc. License #00965553 Listed on: 01/25/2013

Last Buyer's Agent

DONALD MELTON

License #ar026949

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 8,493

Parking

  • 1 Car Garage

Home Design

  • 5,460 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Additional Features

  • 8,493 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 7260-013-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5460
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 141.94

Exterior Features

  • Tennis Court Y/N: No
  • Construction: stucco
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Garage - 1 Car, Parking Space
  • Total Parking: 5

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 342717
  • Assessed Land Value: 435197
  • Assessor Parcel Number: 7260-013-010
  • Geocode Override: No
  • Lot Size Area: 8493

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 9.94
  • Number Of Units: 6
  • Rent Control: 0
  • Type Of Units: garden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2013
Sold by
Hong Philcoll and Nim Julie
Bought by
Mesa Coastal Properties Llc
Current Estimated Value
$1,653,116

Purchase Details

Listed on
Jan 25, 2013
Closed on
Jun 30, 2013
Sold by
Raad Paul and Raad Monica
Bought by
Hong Phicoll and Nim Julie
Seller's Agent
Charles Dunn
NAI Capital, Inc.
Buyer's Agent
DONALD MELTON
List Price
$675,000
Sold Price
$765,000
Premium/Discount to List
$90,000
13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%

Purchase Details

Closed on
Jan 18, 2007
Sold by
Raad Paul J and Raad Monica T
Bought by
Raad Paul and Raad Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 2, 2004
Sold by
Weber Rebecca E and Weber Theodore D F
Bought by
Raad Paul and Raad Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,750
Interest Rate
5.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2003
Sold by
Weber Rebecca E
Bought by
Weber Rebecca E and Weber Theodore D F

Purchase Details

Closed on
Nov 12, 2002
Sold by
Weber Theodore D F
Bought by
Weber Rebecca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 1995
Sold by
Weber David P R and Weber Celeste S
Bought by
Weber Theodore D F and Weber Rebecca E

Purchase Details

Closed on
Sep 17, 1993
Sold by
Doan Susan A and Doan P
Bought by
Weber David P R
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
Mesa Coastal Properties Llc -- None Available
Hong Phicoll $765,007 None Available
Raad Paul -- Lawyers Title Company
Raad Paul J -- Lawyers Title Company
Raad Paul $715,000 Chicago Title Company
Weber Rebecca E -- --
Weber Rebecca E -- Orange Coast Title
Weber Rebecca E -- --
Weber Theodore D F $141,500 --
Weber David P R -- --
Weber David P R -- Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raad Paul J $473,000
Previous Owner Raad Paul $464,750
Previous Owner Weber Rebecca E $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2013 07/12/13 Sold $765,000 +13.3% $140 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $675,000 -- $124 / Sq Ft
Source: The MLS

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 $12,714 $937,773 $490,338 $447,435
2024 $12,714 $919,386 $480,724 $438,662
2023 $12,494 $901,360 $471,299 $430,061
2022 $11,750 $883,687 $462,058 $421,629
2021 $11,494 $866,361 $452,999 $413,362
2019 $11,332 $840,666 $439,564 $401,102
2018 $10,927 $824,184 $430,946 $393,238
2016 $10,048 $792,182 $414,213 $377,969
2015 $9,656 $780,284 $407,992 $372,292
2014 $9,612 $765,000 $400,000 $365,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-647611

The MLS

APN: 7260-013-010