NOT LISTED FOR SALE

Estimated Value: $757,000 - $810,907

4 Beds
3 Baths
1,526 Sq Ft
$517/Sq Ft Est. Value

Last Sold February 16, 2017

Last sale price $495,000 $324 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,883/month

37 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Double Pane Windows
  • Property is near public transit
  • Granite Countertops
  • Recessed Lighting

About This Home

As of February 2017

Duplex - Front unit features 3 bedrooms and 2 full bathrooms, with laundry closet, open floor plan with plenty of space to grow the family. Rear unit makes a perfect rental unit, features 1 bedroom and 1full bathroom. Both units were completely upgraded and remodeled with new plumbing, electrical, cabinets, fixtures, floors, kitchens and bathrooms. Large 4 car detached garage and additional parking area for 4 cars+, with a long driveway which can accommodate another 3-4 cars.

Last Agent to Sell the Property

Ray Penado

Excellence RE Real Estate License #01709871 Listed on: 09/23/2016

Last Buyer's Agent

Elgin Walker

eXp Realty of California Inc License #00994498

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,068

Year Built

  • Built in 1918 | Remodeled

Lot Details

  • 4,959 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Chain Link Fence

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Front Facing Garage

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,526 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Granite Countertops
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • No Interior Steps
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 77
  • Tax Tract Number 772
  • Assessor Parcel Number 5003023011

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $6,237
  • Operating Expense $6,237
  • Net Operating Income $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,068

Year Built

Built in 1918 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Zoning: LAR2
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5003023011
  • Year Built: 1918
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters, Open Floorplan, Recessed Lighting, Unfurnished
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 324.38
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Concrete Perimeter
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Uncovered, Garage, Garage Faces Front
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 4959.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 2800.00
  • Net Operating Income: 2500.00
  • 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: 300.00
  • Rent Control: Yes
  • Total Expenses: 6237.00

Tax Info

  • New Taxes Expense: 6237.00
  • Tax Census Tract: 2326.00
  • Tax Lot: 77
  • Tax Tract Number: 772

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2016
Closed on
Feb 6, 2017
Sold by
Arlee Investment Group
Bought by
Yaptangco Vanessa
Seller's Agent
Ray Penado
Excellence RE Real Estate
Buyer's Agent
Elgin Walker
eXp Realty of California Inc
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%
Current Estimated Value
$789,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,636
Avg. Annual Appreciation
5.72%
Original Mortgage
$486,034
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 23, 2015
Closed on
Sep 4, 2015
Sold by
Aubert Cornelius W
Bought by
Arlee Investment Group Llc
Seller's Agent
Jerol Crawford
Jerold Crawford
Buyer's Agent
Ray Penado
Excellence RE Real Estate
List Price
$375,000
Sold Price
$315,000
Premium/Discount to List
-$60,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.79%
Original Mortgage
$199,600
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Yaptangco Vanessa $495,000 Pacific Coast Title Company
Arlee Investment Group Llc $315,000 Orange Coast Title Co Socal
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yaptangco Vanessa $630,000
Closed Yaptangco Vanessa $478,500
Closed Yaptangco Vanessa $486,034
Previous Owner Arlee Investment Group Llc $199,600
Previous Owner Aubert Cornelius W $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2017 02/16/17 Sold $495,000 -0.8% $324 / Sq Ft
10/30/2016 10/30/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $499,000 +58.4% $327 / Sq Ft
09/22/2015 09/22/15 Sold $315,000 -12.5% $206 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
07/27/2015 07/27/15 Price Changed $360,000 -4.0% $236 / Sq Ft
06/23/2015 06/23/15 For Sale $375,000 -- $246 / 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 $7,068 $693,110 $458,428 $234,682
2024 $7,068 $563,221 $449,440 $113,781
2023 $6,944 $552,178 $440,628 $111,550
2022 $6,630 $541,352 $431,989 $109,363
2021 $6,542 $530,738 $423,519 $107,219
2019 $6,350 $514,998 $410,958 $104,040
2018 $6,260 $504,900 $402,900 $102,000
2016 $3,934 $315,000 $252,000 $63,000
2015 $620 $36,872 $20,374 $16,498
2014 $634 $36,150 $19,975 $16,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16709582

California Regional Multiple Listing Service (CRMLS)

APN: 5003-023-011