NOT LISTED FOR SALE

Estimated Value: $672,715 - $842,000

4 Beds
2 Baths
1,320 Sq Ft
$564/Sq Ft Est. Value

Last Sold October 02, 2013

Last sale price $205,000 $155 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $4,380/month

526 Days on Market

About This Home

As of October 2013

Investor opportunity !!! Two on the Lot, Each unit 2 Bedrooms and 1 Bath,Garage. Near to schools and freeways.Property is located in LA rent control.buyer to investigate all aspects, including but not limited to zoning, usage, easements and official records with appropriate governmental agencies to satisfy themselves. Units will not be delivered vacant, subject property is being sold in its present AS IS - Where IS physical condition without representations of warranties or guaranties of any kind, expressed or implied from the seller, broker or agents.

Last Agent to Sell the Property

nubia guerrero

Realty One Group West License #01374502 Listed on: 06/27/2013

Realty One Group West

Last Buyer's Agent

nubia guerrero

Realty One Group West License #01374502 Listed on: 06/27/2013

Realty One Group West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,002

Year Built

  • Built in 1940

Lot Details

  • 4,748

Parking

  • 2 Parking Spaces

Home Design

  • 1,320 Sq Ft Home

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 65
  • Tax Tract Number 2281
  • Assessor Parcel Number 5117007030

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,002

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 5117007030
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 155.30

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Unknown

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Multi Family

  • Gross Multiplier: 263.05
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 65
  • Tax Tract Number: 2281

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2018
Sold by
Morales Elmer Steve and Morales Esmeralda
Bought by
Elmer Homes Inc
Current Estimated Value
$744,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Outstanding Balance
$71,451
Interest Rate
4.38%
Mortgage Type
Construction
Estimated Equity
$672,978

Purchase Details

Closed on
Apr 25, 2016
Sold by
Elmer Homes Inc
Bought by
Morales Elmer Steve and Morales Esmeralda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Outstanding Balance
$153,891
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$590,538

Purchase Details

Listed on
Jun 27, 2013
Closed on
Sep 5, 2013
Sold by
Diego Guadencio Moreno
Bought by
Elmer Homes Inc
Seller's Agent
nubia guerrero
Realty One Group West
Buyer's Agent
nubia guerrero
Realty One Group West
List Price
$249,900
Sold Price
$205,000
Premium/Discount to List
-$44,900
-17.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%
Original Mortgage
$167,280
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2006
Sold by
Cornejo Hernan and Cornejo Norma Patricia
Bought by
Diego Gaudencio Moreno

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 13, 2005
Sold by
Romero Heriberto
Bought by
Cornejo Hernan and Cornejo Norma Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
8.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 26, 2004
Sold by
Diaz Carlos
Bought by
Romero Heriberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 1994
Sold by
Lowry Lane
Bought by
Diaz Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,681
Interest Rate
8.3%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 1993
Sold by
Verdugo Service Corp
Bought by
Glendale Federal Bank Fsb
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
Elmer Homes Inc -- Westminster Title Company In
Morales Elmer Steve -- Western Resources Title Co
Elmer Homes Inc $205,000 First American Title Company
Diego Gaudencio Moreno $405,000 Alliance Title Company
Cornejo Hernan -- United Title Company
Romero Heriberto $270,000 Stewart Title Of Ca Inc
Diaz Carlos $130,000 Southland Title
Glendale Federal Bank Fsb $93,584 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elmer Homes Inc $83,200
Open Morales Elmer Steve $193,000
Closed Elmer Homes Inc $167,280
Previous Owner Diego Gaudencio Moreno $324,000
Previous Owner Cornejo Hernan $333,000
Previous Owner Romero Heriberto $216,000
Previous Owner Diaz Carlos $128,681
Closed Romero Heriberto $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2013 10/02/13 Sold $205,000 -18.0% $155 / Sq Ft
03/07/2013 03/07/13 Pending -- -- --
09/28/2011 09/28/11 For Sale $249,900 -- $189 / 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 $5,002 $398,235 $318,589 $79,646
2024 $5,002 $390,428 $312,343 $78,085
2023 $4,909 $382,773 $306,219 $76,554
2022 $4,687 $375,268 $300,215 $75,053
2021 $4,626 $367,911 $294,329 $73,582
2020 $4,670 $364,140 $291,312 $72,828
2019 $4,188 $331,095 $222,853 $108,242
2018 $4,083 $324,604 $218,484 $106,120
2016 $2,251 $173,968 $148,081 $25,887
2015 $2,220 $171,356 $145,857 $25,499
2014 $2,240 $168,000 $143,000 $25,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P798802

California Regional Multiple Listing Service (CRMLS)

APN: 5117-007-030