NOT LISTED FOR SALE

Estimated Value: $1,602,000 - $1,762,000

12 Beds
5 Baths
5,200 Sq Ft
$324/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $1,060,000 $204 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $10,380/month

40 Days on Market

Highlights

  • Property is near a park
  • Laundry Room
  • Paved or Partially Paved Lot

About This Home

As of March 2018

Live Auction! Bidding to start from $800,000! This very unique property, has two structures, the front house has 9 bedrooms and 4 baths and needs considerable work., The back property above the four car garage is in absolute move in condition with hardwood floor, granite counter tops and consists of 3 bedrooms and 1 bath and could be used to live in or a rental unit while the front unit is being worked on. The front house could used in many different ways with the large number of bedrooms and baths and a contractor or investor that want to invest to have a great income producing property in the future

Last Agent to Sell the Property

David Babiracki

Option West Realty License #00904817 Listed on: 12/15/2017

Co-Listed By

Jon Babiracki

Option West Realty License #01912297

Last Buyer's Agent

Lloyd Yang

West Shores Realty, Inc. License #01975976

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,708

Year Built

  • Built in 1906

Lot Details

  • 7,005 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 5,200 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 5 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Property is near a park

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 6 / 43
  • Tax Tract Number 67
  • Assessor Parcel Number 5072027006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,708

Year Built

Built in 1906

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5072027006
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 203.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Park Nearby, Paved
  • Lot Size Sq Ft: 7005.00

Multi Family

  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 43
  • Tax Census Tract: 2181.20
  • Tax Lot: 6
  • Tax Tract Number: 67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2017
Closed on
Mar 8, 2018
Sold by
Song Kak H
Bought by
Song In Ok
Seller's Agent
David Babiracki
Option West Realty
Buyer's Agent
Lloyd Yang
West Shores Realty, Inc.
List Price
$800,000
Sold Price
$1,060,000
Premium/Discount to List
$260,000
32.5%
Current Estimated Value
$1,683,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$623,395
Avg. Annual Appreciation
6.39%
Original Mortgage
$710,500
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 15, 2017
Closed on
Feb 13, 2018
Sold by
Jackson Norma
Bought by
Song In Ok
Seller's Agent
David Babiracki
Option West Realty
Buyer's Agent
Lloyd Yang
West Shores Realty, Inc.
List Price
$800,000
Sold Price
$1,060,000
Premium/Discount to List
$260,000
32.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,500
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2004
Sold by
Jackson Ocie
Bought by
Jackson Norma

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
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 1996
Sold by
Real Estate Collateral Management Co
Bought by
Jackson Ogie and Jackson Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
8.42%

Purchase Details

Closed on
Jan 17, 1996
Sold by
Corting Rudolfo M and Cortina Peter F
Bought by
Real Estate Collateral Management Co
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
Song In Ok -- Wfg National Title
Song In Ok $1,060,000 Wfg National Title
Jackson Norma -- Orange Coast Title La Mirada
Jackson Ogie $150,000 Old Republic Title
Real Estate Collateral Management Co $87,303 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Song In Ok $900,000
Closed Song In Ok $930,000
Closed Song O $860,000
Closed Song In Ok $1,200,000
Closed Song In Ok $710,500
Previous Owner Jackson Norma $26,300
Previous Owner Jackson Norma $375,803
Previous Owner Jackson Norma $408,000
Previous Owner Jackson Norma $300,000
Previous Owner Jackson Ocie $136,000
Previous Owner Jackson Ocie $142,500
Previous Owner Jackson Ogie $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $1,060,000 +32.5% $204 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
12/15/2017 12/15/17 For Sale $800,000 -- $154 / 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 $14,708 $1,206,094 $910,261 $295,833
2024 $14,708 $1,182,446 $892,413 $290,033
2023 $14,430 $1,159,262 $874,915 $284,347
2022 $13,768 $1,136,532 $857,760 $278,772
2021 $13,581 $1,114,248 $840,942 $273,306
2020 $13,717 $1,102,824 $832,320 $270,504
2019 $13,178 $1,081,200 $816,000 $265,200
2018 $4,963 $388,961 $162,170 $226,791
2016 $4,704 $373,860 $155,874 $217,986
2015 $4,638 $368,245 $153,533 $214,712
2014 $4,665 $361,033 $150,526 $210,507
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17275659

California Regional Multiple Listing Service (CRMLS)

APN: 5072-027-006