NOT LISTED FOR SALE

Estimated Value: $756,000 - $1,544,964

16 Beds
8 Baths
4,480 Sq Ft
$280/Sq Ft Est. Value

Last Sold August 03, 2012

Last sale price $490,000 $109 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $8,081/month

2 Days on Market

About This Home

As of August 2012

**DO NOT DISTURB OCCUPANTS** VIOLATORS WILL BE REPORTED TO MLS AND DRE AND WILL NOT HAVE THEIR OFFER CONSIDERED. SHORT SALE SUBJECT TO LENDER APPROVAL SEE PRIVATE REMARKS REGARDING SHOWINGS. GREAT INCOME POTENTIAL!

Last Listed By

Afshin Rahban

Davzink Realty Inc. License #01885625 Listed on: 12/28/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,856

Year Built

  • Built in 1971

Lot Details

  • 6,499

Home Design

  • 4,480 Sq Ft Home

Parking

  • 4 Parking Spaces
  • Parking Garage Space

Additional Features

  • 6,499 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 7431-020-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,856

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: No
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4480
  • Year Built: 1971
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Price Per S Q F T: 93.75

Exterior Features

  • Pool: No

Garage/Parking

  • Parking Garage: Community Garage
  • Total Parking: 4

Utilities

  • Heating: Wall
  • Water Expense: 2400.00

Fee Information

  • Insurance Expense: 1200.00
  • Maintenance Expense: 500.00

Lot Info

  • Assessed Improvement Value: 469200
  • Assessed Land Value: 510000
  • Assessor Parcel Number: 7431-020-005
  • Lot Size Area: 6499

Rental Info

  • Owner Pays: Gardener, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 66.00
  • Number Of Units: 4
  • Rent Control: 100%
  • Total Annual Expense: 0
  • Type Of Units: quad
  • Vacancy Rate: 5

Tax Info

  • Tax Expense: 5250.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2014
Sold by
Davidi Isaac
Bought by
Zhang Haowei and Ni Xiaojuan
Total Days on Market
2
Current Estimated Value
$1,252,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 28, 2011
Closed on
Jul 18, 2012
Sold by
Bedford Katherine E
Bought by
Davidi Isaac
Seller's Agent
Afshin Rahban
Davzink Realty Inc.
Buyer's Agent
Rachel Shamash
Landmark Realtors, Inc.
List Price
$420,000
Sold Price
$490,000
Premium/Discount to List
$70,000
16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$360,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2007
Sold by
Nguyen Bach Yen Thi
Bought by
Bedford Katherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
7.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 14, 2003
Sold by
Kelleher Beth Combs
Bought by
Kelleher Chris J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2003
Sold by
Erkman David C and Harding David A
Bought by
Nguyen Bach Yen Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

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
Zhang Haowei $800,000 Provident Title Company
Davidi Isaac $390,003 Orange Coast Title Company O
Bedford Katherine E $960,000 Orange Coast Title
Kelleher Chris J -- Gtc
Nguyen Bach Yen Thi $560,000 Gtc
Harding David A -- Gtc
Erkman David C -- Gtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Haowei $516,000
Closed Zhang Haowei $600,000
Previous Owner Davidi Isaac $360,000
Previous Owner Bedford Katherine E $720,000
Previous Owner Nguyen Bach Yen Thi $650,000
Previous Owner Nguyen Bach Yen Thi $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2012 08/03/12 Sold $490,000 +16.7% $109 / Sq Ft
12/30/2011 12/30/11 Pending -- -- --
12/28/2011 12/28/11 For Sale $420,000 -- $94 / 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
2024 $12,856 $961,453 $540,818 $420,635
2023 $12,639 $942,602 $530,214 $412,388
2022 $11,873 $924,120 $519,818 $404,302
2021 $11,620 $906,001 $509,626 $396,375
2019 $11,453 $879,130 $494,511 $384,619
2018 $11,152 $861,893 $484,815 $377,078
2016 $10,244 $828,427 $465,990 $362,437
2015 $9,838 $815,984 $458,991 $356,993
2014 $5,137 $391,770 $215,976 $175,794
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-572411

The MLS

APN: 7431-020-005