NOT LISTED FOR SALE

Estimated Value: $421,322 - $555,000

2 Beds
2 Baths
1,396 Sq Ft
$331/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $350,000 $251 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,984/month

48 Days on Market

About This Home

As of December 2021

Good Bread and Butter Units, each unit has 1bed and 1bath and have a 1 car garage space for each unit. Property is centrally located and near most conveniences. Units have been well maintained and have good curb appeal.

Last Agent to Sell the Property

IGNACIO SANCHEZ

MGR REAL ESTATE, INC. License #00998485 Listed on: 09/14/2021

MGR REAL ESTATE, INC.

Last Buyer's Agent

Ives Lopez

Apartment Investing Realty, Inc. License #01232368

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,700

Year Built

  • Built in 1935

Lot Details

  • 6,257 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,396 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 12
  • Tax Tract Number 1785
  • Assessor Parcel Number 0146132190000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $840
  • Water Sewer Expense $2,280
  • Operating Expense $4,690
  • Gross Income $18,000
  • Net Operating Income $13,310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,700

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 180000
  • Property Attached: Yes
  • Water Sewer Expenses: 2280.00
  • Property Type: Residential Income
  • Parcel Number: 0146132190000
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 250.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 840.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6257.00
  • Lot Size Acres: 0.1436

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 698 Square Feet
  • Gross Income: 18000.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6257.0000 Square Feet
  • Net Operating Income: 13310.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4690.00
  • Rent Control: No
  • Total Expenses: 4690.00

Tax Info

  • Tax Census Tract: 0055.00
  • Tax Lot: 12
  • Tax Tract Number: 1785

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Nov 4, 2021
Sold by
Berger Vernon Michael and Repuyan Nanette
Bought by
Avellaneda Santiago
Seller's Agent
IGNACIO SANCHEZ
MGR REAL ESTATE, INC.
Buyer's Agent
Ives Lopez
Apartment Investing Realty, Inc.
List Price
$370,000
Sold Price
$350,000
Premium/Discount to List
-$20,000
-5.41%
Total Days on Market
48
Current Estimated Value
$461,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,581
Avg. Annual Appreciation
8.30%
Original Mortgage
$350,000
Outstanding Balance
$324,461
Interest Rate
3.09%
Mortgage Type
VA
Estimated Equity
$137,120

Purchase Details

Closed on
Apr 15, 2017
Sold by
Berger Vernon Michael
Bought by
Berger Vernon Michael and Repuyan Nanette

Purchase Details

Listed on
Nov 30, 2012
Closed on
Jan 13, 2013
Sold by
The Guzinski Family Trust
Bought by
Berger Vernon Michael
Seller's Agent
Darryl Spellacy
Olga Spellacy Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%
Original Mortgage
$97,500
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 1995
Sold by
Guzinski Tina
Bought by
Guzinski Marian S and Guzinski Irena

Purchase Details

Closed on
Mar 12, 1995
Sold by
Guzinski Marian S and Guzinski Irena
Bought by
Guzinski Marian S and Guzinski Irena
Source: Public Records

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Range of Values:

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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
Avellaneda Santiago $350,000 Orange Coast Title Company
Berger Vernon Michael -- None Available
Berger Vernon Michael $130,000 Lawyers Title
Guzinski Marian S -- --
Guzinski Marian S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avellaneda Santiago $350,000
Previous Owner Berger Vernon Michael $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $350,000 -2.8% $251 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/12/2021 10/12/21 Price Changed $360,000 -2.7% $258 / Sq Ft
09/14/2021 09/14/21 For Sale $370,000 +184.6% $265 / Sq Ft
01/29/2013 01/29/13 Sold $130,000 0.0% $93 / Sq Ft
12/04/2012 12/04/12 Pending -- -- --
11/30/2012 11/30/12 For Sale $130,000 -- $93 / 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
2024 $4,700 $364,140 $72,828 $291,312
2023 $4,583 $357,000 $71,400 $285,600
2022 $2,077 $350,000 $70,000 $280,000
2021 $2,079 $147,891 $27,303 $120,588
2020 $2,082 $146,375 $27,023 $119,352
2019 $2,022 $143,505 $26,493 $117,012
2018 $2,000 $140,692 $25,974 $114,718
2017 $1,939 $137,934 $25,465 $112,469
2016 $1,881 $135,230 $24,966 $110,264
2015 $1,765 $133,199 $24,591 $108,608
2014 $1,716 $130,590 $24,109 $106,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21197912

California Regional Multiple Listing Service (CRMLS)

APN: 0146-132-19