NOT LISTED FOR SALE

1525 E O St Wilmington, CA 90744

Estimated Value: $645,000 - $836,000

5 Beds
3 Baths
2,053 Sq Ft
$365/Sq Ft Est. Value

Last Sold August 03, 2012

Last sale price $220,000 $107 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $4,269/month

42 Days on Market

About This Home

As of August 2012

Great for potential income and cash flow. Or you can fix up, live in one and rent the other to help pay for mortgage. Front unit has two bed one bath and rear has three bedrooms with two bath. Potential, potential great potential.

Last Agent to Sell the Property

Mark Arico

Arico & Associates, Inc. License #01015929 Listed on: 03/27/2012

Last Buyer's Agent

Carol Ann Hanford

Sterling Walker Corporation License #00600987

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,530

Year Built

  • Built in 1923

Lot Details

  • 5,314 Sq Ft Lot

Home Design

  • 2,053 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Driveway

Listing and Financial Details

  • Tax Lot 147
  • Tax Tract Number 4251
  • Assessor Parcel Number 7426021024

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,530

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 7426021024
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 107.16

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5314.00
  • Lot Size Acres: 0.1220

Multi Family

  • Lot Size Area: 5314.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 147
  • Tax Tract Number: 4251
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2017
Sold by
Short Potts Sharmayn E
Bought by
Short Potts Sharmayn E and Potts Ray
Current Estimated Value
$749,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,761
Outstanding Balance
$335,285
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$414,583

Purchase Details

Closed on
Apr 3, 2017
Sold by
Tegel
Bought by
Tegel

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
Mar 27, 2012
Closed on
Jul 24, 2012
Sold by
Potts Ray
Bought by
Short Potts Sharmayn E
Seller's Agent
Mark Arico
Arico & Associates, Inc.
Buyer's Agent
Carol Ann Hanford
Sterling Walker Corporation
List Price
$209,400
Sold Price
$220,000
Premium/Discount to List
$10,600
5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%

Purchase Details

Closed on
May 23, 2012
Sold by
U S Bank National Association
Bought by
Short Potts Sharmayn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,381
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2011
Sold by
Lark Clarence Edward
Bought by
U S Bank National Association

Purchase Details

Closed on
Sep 27, 2006
Sold by
Lark Zhenne Jasmine
Bought by
Lark Clarence Edward

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
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2005
Sold by
Lark Berda Mae
Bought by
Lark Clarence
Source: Public Records

Range of Values:

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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
Short Potts Sharmayn E -- Wfg National Title Ins Co
Tegel -- --
Short Potts Sharmayn E -- North American Title Co Inc
Short Potts Sharmayn E $220,000 North American Title
U S Bank National Association $377,075 None Available
Lark Clarence Edward -- Advantage Title Inc
Lark Clarence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Short Potts Sharmayn E $404,761
Closed Tegel --
Previous Owner Short Potts Sharmayn E $250,381
Previous Owner Lark Clarence Edward $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2012 08/03/12 Sold $220,000 +5.1% $107 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $209,400 -- $102 / 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 $3,530 $270,903 $147,765 $123,138
2024 $3,530 $265,592 $144,868 $120,724
2023 $3,467 $260,385 $142,028 $118,357
2022 $3,312 $255,281 $139,244 $116,037
2021 $3,263 $250,276 $136,514 $113,762
2020 $3,290 $247,711 $135,115 $112,596
2019 $3,170 $242,855 $132,466 $110,389
2018 $3,107 $238,094 $129,869 $108,225
2016 $2,953 $228,850 $124,827 $104,023
2015 $2,912 $225,413 $122,952 $102,461
2014 $2,934 $220,998 $120,544 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12039633

California Regional Multiple Listing Service (CRMLS)

APN: 7426-021-024