NOT LISTED FOR SALE

Estimated Value: $738,917 - $778,000

5 Beds
3 Baths
1,772 Sq Ft
$431/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $565,000 $319 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,685/month

64 Days on Market

About This Home

As of May 2018

Douplex, corner property, corner unit 16115 S. Essey Ave. 3 bd. 2 bths. 2nd. unit 16113 S. Essey Ave. completely refurbish new roof, kitchens, flooring, walls, doors, plumbing, electricity, windows, stucco. move in condition.

Last Agent to Sell the Property

Jose Rico

Rico Realty License #00709569 Listed on: 02/28/2018

Last Buyer's Agent

Tony Piedad

Golden Eagle Properties License #01158394

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 5,345 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,772 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 035
  • Tax Tract Number 7302
  • Assessor Parcel Number 7302005016

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $576
  • Fuel Expense $300
  • Insurance Expense $1,200
  • Trash Expense $480
  • Water Sewer Expense $660
  • New Taxes Expense $7,187
  • Operating Expense $10,403
  • Gross Income $48,000
  • Net Operating Income $3,550

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 660.00
  • Zoning: LCR1YY
  • Property Type: Residential Income
  • Parcel Number: 7302005016
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 318.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5345.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 576.00
  • Fuel Expense: 300.00
  • Gross Income: 48000.00
  • Gross Scheduled Income: 4000.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 3550.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 540.00
  • Rent Control: No
  • Total Expenses: 10403.00

Tax Info

  • New Taxes Expense: 7187.00
  • Tax Census Tract: 5422.00
  • Tax Lot: 035
  • Tax Tract Number: 7302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
May 17, 2018
Sold by
Marmolejo Marycruz
Bought by
Marmolejo Emmanuel
Seller's Agent
Jose Rico
Rico Realty
Buyer's Agent
Tony Piedad
Golden Eagle Properties
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%
Current Estimated Value
$763,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,229
Avg. Annual Appreciation
3.98%

Purchase Details

Closed on
Mar 13, 2018
Sold by
Sanchez Irma
Bought by
Rodriguez Jesus A and Merino Mayra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,766
Interest Rate
5.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 2017
Sold by
Cabrera Cristina
Bought by
Sanchez Irma

Purchase Details

Closed on
May 4, 2004
Sold by
Molina Rene F and Molina Olga H
Bought by
Cabrera Cristina

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
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2003
Sold by
Rivera Roberto M and Rivera Martha D
Bought by
Molina Rene F and Molina Olga H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Marmolejo Emmanuel -- Western Resources Title Comp
Rodriguez Jesus A $565,000 Western Resources Title
Sanchez Irma $337,000 Western Resources Title
Cabrera Cristina $270,000 Ticor Title Company
Molina Rene F $200,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Jesus A $554,766
Previous Owner Cabrera Cristina $216,000
Previous Owner Molina Rene F $180,000
Closed Cabrera Cristina $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2018 05/18/18 Sold $565,000 -1.7% $319 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $575,000 0.0% $324 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $575,000 -- $324 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,568 $637,279 $293,214 $344,065
2024 $8,568 $624,784 $287,465 $337,319
2023 $8,290 $612,534 $281,829 $330,705
2022 $7,794 $600,524 $276,303 $324,221
2021 $7,849 $593,915 $210,235 $383,680
2019 $7,622 $576,300 $204,000 $372,300
2018 $4,992 $343,740 $139,740 $204,000
2016 $4,589 $324,275 $168,142 $156,133
2015 $4,359 $319,405 $165,617 $153,788
2014 $4,288 $313,149 $162,373 $150,776
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18047245

California Regional Multiple Listing Service (CRMLS)

APN: 7302-005-016