NOT LISTED FOR SALE

Estimated Value: $862,000 - $1,138,000

2 Beds
2 Baths
960 Sq Ft
$995/Sq Ft Est. Value

Last Sold April 22, 2014

Last sale price $380,000 $396 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $5,499/month

61 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Wall Furnace
  • Eagle Rock High School Rated A
  • Laundry Room

About This Home

As of April 2014

Duplex near Occidental College. Both units rented. Long term tenants. One Bedroom, one bath, kitchen, living area, private laundry hook up, and patio in each.

Last Agent to Sell the Property

Sarah Lynch

Re/Max One License #01471745 Listed on: 02/11/2014

Re/Max One

Last Buyer's Agent

Jiyeon Kim

Caliber Properties License #01332173

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,276

Year Built

  • Built in 1924

Lot Details

  • 2,200 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 960 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 15
  • Assessor Parcel Number 5474015015

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $500
  • Trash Expense $40
  • Water Sewer Expense $40
  • Operating Expense $960
  • Gross Income $1,865
  • Net Operating Income $21,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,276

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 40.00
  • Property Type: Residential Income
  • Parcel Number: 5474015015
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 395.83
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Sewer Paid
  • Trash Expense: 40.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2200.00
  • Lot Size Acres: 0.0510

Multi Family

  • Gross Income: 1865.00
  • Gross Scheduled Income: 22380.00
  • Insurance Expense: 500.00
  • Lot Size Area: 2200.0000 Square Feet
  • Net Operating Income: 21420.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 960.00
  • Rent Control: Yes
  • Total Expenses: 960.00

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 15
  • Tax Annual Amount: 3276.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2018
Sold by
Chow Warren A
Bought by
Chow Warren Allen and Kim Chow Susan Hyo
Current Estimated Value
$955,033

Purchase Details

Listed on
Feb 11, 2014
Closed on
Mar 20, 2014
Sold by
Wharton Lamont E
Bought by
Chow Warren A and Kim Chow Susan H
Seller's Agent
Sarah Lynch
Re/Max One
Buyer's Agent
Jiyeon Kim
Caliber Properties
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$285,000
Outstanding Balance
$215,219
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$739,814

Purchase Details

Closed on
Jan 30, 2007
Sold by
Scheidenhelm Kristin K
Bought by
Wharton Lamont E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2002
Sold by
Benitez Arturo
Bought by
Scheidenhelm Kristin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
5.86%

Purchase Details

Closed on
May 15, 2000
Sold by
Tindco Valentin Franco
Bought by
Benitez Arturo and Benitez Emma

Purchase Details

Closed on
May 3, 1999
Sold by
Avila Yolanda
Bought by
Benitez Arturo and Benitez Emma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,986
Interest Rate
7.51%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 1998
Sold by
Avila Salomon
Bought by
Avila Yolanda
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
Chow Warren Allen -- None Available
Chow Warren A $380,000 Ticor Title
Wharton Lamont E $409,000 Fidelity National Title
Scheidenhelm Kristin K $199,000 Orange Coast Title Company
Benitez Arturo -- --
Benitez Arturo $124,000 Gateway Title Company
Avila Yolanda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chow Warren A $285,000
Previous Owner Wharton Lamont E $327,200
Previous Owner Scheidenhelm Kristin K $159,200
Previous Owner Benitez Arturo $122,986
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2014 04/22/14 Sold $380,000 -4.8% $396 / Sq Ft
03/10/2014 03/10/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $399,000 -- $416 / 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 $5,713 $465,817 $279,492 $186,325
2024 $5,645 $456,684 $274,012 $182,672
2023 $5,536 $447,731 $268,640 $179,091
2022 $5,277 $438,953 $263,373 $175,580
2021 $5,211 $430,347 $258,209 $172,138
2020 $5,263 $425,935 $255,562 $170,373
2019 $5,055 $417,584 $250,551 $167,033
2018 $5,012 $409,397 $245,639 $163,758
2016 $4,787 $393,501 $236,101 $157,400
2015 $4,717 $387,591 $232,555 $155,036
2014 $4,572 $366,000 $255,900 $110,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14005171

California Regional Multiple Listing Service (CRMLS)

APN: 5474-015-015