NOT LISTED FOR SALE

1623 E Cruces St Wilmington, CA 90744

Estimated Value: $649,000 - $830,000

3 Beds
3 Baths
1,544 Sq Ft
$464/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $420,000 $272 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,300/month

109 Days on Market

About This Home

As of April 2018

2 Units, 1 - 2bdr and 1 - 1 bdr.

Last Agent to Sell the Property

Marlene Rodriguez

M. R. & Associates License #00898732 Listed on: 11/10/2017

Last Buyer's Agent

Carolina Camero

Berkshire Hathaway HSCP License #01783171

Berkshire Hathaway HSCP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,978

Year Built

  • Built in 1923

Lot Details

  • 5,550 Sq Ft Lot
  • No Common Walls
  • Private Yard

Home Design

  • 1,544 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 122
  • Tax Tract Number 9251
  • Assessor Parcel Number 7426023016

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $5,625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,978

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 7426023016
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 272.02

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5550.00

Multi Family

  • Gross Scheduled Income: 30000.00
  • 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: 5625.00
  • Tax Census Tract: 2941.20
  • Tax Lot: 122
  • Tax Tract Number: 9251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2017
Closed on
Mar 12, 2018
Sold by
Ibarra Jesse
Bought by
Rojas Milke and Rojas Esperanza
Seller's Agent
Marlene Rodriguez
M. R. & Associates
Buyer's Agent
Carolina Camero
Berkshire Hathaway HSCP
List Price
$475,000
Sold Price
$420,000
Premium/Discount to List
-$55,000
-11.58%
Current Estimated Value
$717,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,108
Avg. Annual Appreciation
7.38%
Original Mortgage
$294,000
Outstanding Balance
$252,054
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$465,054

Purchase Details

Closed on
Apr 3, 2017
Sold by
Tegel
Bought by
Tegel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.14%

Purchase Details

Closed on
Nov 21, 2008
Sold by
Deibarra Diana Pulido
Bought by
Ibarra Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2008
Sold by
Avelo Mortgage Llc
Bought by
Ibarra Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2008
Sold by
Ramos Carlos Humberto and Ramos Rosa Maria
Bought by
Avelo Mortgage Llc

Purchase Details

Closed on
Nov 30, 2006
Sold by
Magallon Juan Luis
Bought by
Ramos Carlos Humberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
7.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2005
Sold by
Alcaraz Alejandro and Alcaraz Salvador
Bought by
Magallon Juan Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 1994
Sold by
Karratti Joe N
Bought by
Alcaraz Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,591
Interest Rate
8.53%
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
Rojas Milke $420,000 Provident Title Company
Tegel -- --
Ibarra Jesse -- Lsi Title Agency
Ibarra Jesse $305,000 Lsi Title Agency
Avelo Mortgage Llc $474,035 Accommodation
Ramos Carlos Humberto $555,000 Chicago Title Co
Magallon Juan Luis $420,000 Progressive Title
Alcaraz Alejandro $102,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rojas Milke $294,000
Previous Owner Tegel --
Previous Owner Ibarra Jesse $244,000
Previous Owner Ramos Carlos Humberto $444,000
Previous Owner Magallon Juan Luis $336,000
Previous Owner Alcaraz Alejandro $99,591
Closed Magallon Juan Luis $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2018 04/13/18 Sold $420,000 -3.4% $272 / Sq Ft
02/05/2018 02/05/18 Price Changed $435,000 -4.4% $282 / Sq Ft
12/20/2017 12/20/17 Price Changed $455,000 -2.2% $295 / Sq Ft
12/01/2017 12/01/17 Price Changed $465,000 -2.1% $301 / Sq Ft
11/10/2017 11/10/17 For Sale $475,000 -- $308 / 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 $5,978 $477,884 $341,347 $136,537
2024 $5,978 $468,514 $334,654 $133,860
2023 $5,866 $459,329 $328,093 $131,236
2022 $5,600 $450,323 $321,660 $128,663
2021 $5,528 $441,494 $315,353 $126,141
2019 $5,367 $428,400 $306,000 $122,400
2018 $4,380 $345,181 $226,350 $118,831
2016 $4,179 $331,778 $217,561 $114,217
2015 $4,120 $326,796 $214,294 $112,502
2014 $4,145 $320,396 $210,097 $110,299
Source: Public Records

Agents Affiliated with this Home

  • Marlene Rodriguez

    Seller's Agent in 2018

    Marlene Rodriguez

    M. R. & Associates

    (562) 824-7333

    68 Total Sales

    Marlene Rodriguez
    Section Image
  • Carolina Camero

    Buyer's Agent in 2018

    Carolina Camero

    Berkshire Hathaway HSCP

    (310) 634-4963

    33 Total Sales

    Carolina Camero
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17255534

California Regional Multiple Listing Service (CRMLS)

APN: 7426-023-016

California Los Angeles County Wilmington 90744

1623 E Cruces St, Wilmington, CA

This home is located at 1623 E Cruces St, Wilmington, CA 90744 since 10 November 2017 and is currently estimated at $717,108, approximately $464 per square foot. This property was built in 1923. 1623 E Cruces St is a home located in Los Angeles County with nearby schools including Wilmington Park Elementary, Wilmington Middle School STEAM Magnet, and Phineas Banning Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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