NOT LISTED FOR SALE

Estimated Value: $805,000 - $1,053,000

2 Beds
1 Bath
1,232 Sq Ft
$752/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $270,000 $219 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $5,567/month

10 Days on Market

About This Home

As of February 2016

2 ON A LOT, 2br each, fixer, needs repairs, sold "as is" present physical conditions, bring all your investors, looking for cash offer due to property conditions, property may not qualify financing, buyer to perform due diligence regarding conditions after accepted offer, submit your offer subject to interior inspection

Last Agent to Sell the Property

Sergio Labra

SOUTHLAND Real Estate Service License #00915475 Listed on: 02/12/2016

SOUTHLAND Real  Estate Service

Last Buyer's Agent

Sergio Casas

License #01401166

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,608

Year Built

  • Built in 1962

Lot Details

  • 5,668 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Parking Spaces

Home Design

  • 1,232 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 5106023001

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $650
  • Water Sewer Expense $720
  • New Taxes Expense $3,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,608

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 720.00
  • Property Type: Residential Income
  • Parcel Number: 5106023001
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 219.16

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5668.00
  • Price Per Lot Square Foot: 47.64
  • Lot Size Acres: 0.1300

Multi Family

  • Insurance Expense: 650.00
  • Lot Size Area: 5668.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 3250.00
  • Tax Lot: 41
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2018
Sold by
Rivera Adrian
Bought by
Suarez Omero Suarez and Suarez Angelica L
Current Estimated Value
$926,649

Purchase Details

Listed on
Feb 12, 2016
Closed on
Jan 21, 2016
Sold by
Jacr & Nehemiah Power Investment Corpora
Bought by
Rivera Adrian
Seller's Agent
Sergio Labra
SOUTHLAND Real Estate Service
Buyer's Agent
Sergio Labra
SOUTHLAND Real Estate Service
List Price
$270,000
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.59%

Purchase Details

Listed on
Feb 12, 2015
Closed on
Nov 17, 2015
Sold by
Garcia Reynaldo
Bought by
Jacr & Nehemiah Power Investment Corpora
Seller's Agent
Sergio Labra
SOUTHLAND Real Estate Service
Buyer's Agent
Alfredo Robles
First Family Homes
List Price
$210,000
Sold Price
$225,000
Premium/Discount to List
$15,000
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2007
Sold by
Cruz Jose
Bought by
Garcia Reynaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2006
Sold by
Cruz Jose
Bought by
Cruz Jose and Garcia Elisendo

Purchase Details

Closed on
Jun 1, 2004
Sold by
Bou Christopher S
Bought by
Cruz Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2004
Sold by
Hud
Bought by
Bou Christopher S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2003
Sold by
First Horizon Home Loan Corp
Bought by
Hud

Purchase Details

Closed on
Jul 2, 2002
Sold by
Huerta Leonel
Bought by
First Horizon Home Loan Corp and Ft Mtg Companies

Purchase Details

Closed on
Jan 12, 1999
Sold by
Hernandez Lorenzo E
Bought by
Huerta Leonel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,083
Interest Rate
6.7%
Mortgage Type
FHA
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
Suarez Omero Suarez $350,000 Old Republic Title Company
Rivera Adrian $270,000 Orange Coast Title Co Socal
Rivera Adrian -- Orange Coast Title Co Socal
Jacr & Nehemiah Power Investment Corpora $225,000 Orange Coast Title Co Socal
Garcia Reynaldo -- Fidelity National Title Co
Garcia Reynaldo -- Fidelity National Title Co
Cruz Jose -- Accommodation
Cruz Jose $340,000 First American Title Company
Bou Christopher S -- First American Title Company
Bou Christopher S $250,000 Fatcola
Hud -- Fidelity National Title Ins
First Horizon Home Loan Corp $145,348 Fidelity National Title
Huerta Leonel $138,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jacr & Nehemiah Power Investment Corpora $250,000
Previous Owner Garcia Reynaldo $455,000
Previous Owner Cruz Jose $272,000
Previous Owner Bou Christopher S $225,000
Previous Owner Huerta Leonel $137,083
Closed Cruz Jose $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2016 02/25/16 Sold $270,000 0.0% $219 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $270,000 +20.0% $219 / Sq Ft
12/02/2015 12/02/15 Sold $225,000 +7.1% $183 / Sq Ft View Prior Sale
02/20/2015 02/20/15 Pending -- -- --
02/12/2015 02/12/15 For Sale $210,000 -- $170 / 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 $8,608 $697,315 $375,525 $321,790
2024 $8,608 $683,643 $368,162 $315,481
2023 $8,445 $670,240 $360,944 $309,296
2022 $8,057 $657,099 $353,867 $303,232
2021 $7,944 $644,216 $346,929 $297,287
2020 $8,020 $637,611 $343,372 $294,239
2019 $7,709 $625,110 $336,640 $288,470
2018 $3,579 $280,908 $208,080 $72,828
2016 $2,879 $225,000 $135,000 $90,000
2015 $6,758 $557,380 $334,429 $222,951
2014 $6,787 $546,462 $327,878 $218,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16036446

California Regional Multiple Listing Service (CRMLS)

APN: 5106-023-001