NOT LISTED FOR SALE

Estimated Value: $407,000 - $541,000

3 Beds
2 Baths
1,710 Sq Ft
$280/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $280,000 $164 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,877/month

144 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 1-Story Property

About This Home

As of November 2020

Approx. 1,710 sq. ft. residence on approx. 8,520 sq. ft. lot divided into two rental spaces (unknown if permitted for division). Front Space is 2 bedroom 1 bath with large open kitchen and living room. Back space is 1 bedroom, 1 bathroom plus den and own kitchen area. Great carpentry, Walk in closets and Dual pane windows in most of the house, laundry hook ups outside, Large porch, Long driveway with carport and plenty of property for parking or to add a garage or ADU (buyer to verify requirements with city). Additional Income from billboard with lease renewal coming up. Very nice fireplace, Easy access to the freeway, Built in wall shelving Restaurants within walking distance. Call for more info.

Last Agent to Sell the Property

Tony Guglielmo

ALLIED COMMERCIAL REAL ESTATE License #01301532 Listed on: 06/19/2020

Last Buyer's Agent

SOPHIA BERNAL

SOPHIA BERNAL, BROKER License #01473738

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,869

Year Built

  • Built in 1924

Lot Details

  • 8,520 Sq Ft Lot
  • No Common Walls
  • Private Yard

Interior Spaces

  • 1,710 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Listing and Financial Details

  • Legal Lot and Block 7 / 1
  • Tax Tract Number 56
  • Assessor Parcel Number 0140073040000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,100
  • Insurance Expense $600
  • Trash Expense $1,100
  • Water Sewer Expense $1,100
  • New Taxes Expense $5,171
  • Operating Expense $9,071
  • Gross Income $36,360
  • Net Operating Income $27,289

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,869

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1100.00
  • Property Type: Residential Income
  • Parcel Number: 0140073040000
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 163.74

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 1100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 8520.00
  • Lot Size Acres: 0.1956

Multi Family

  • Electric Expense: 1100.00
  • Gross Income: 36360.00
  • Gross Scheduled Income: 36360.00
  • Insurance Expense: 600.00
  • Lot Size Area: 8520.0000 Square Feet
  • Net Operating Income: 27289.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 9071.00
  • Rent Control: No
  • Total Expenses: 9071.00

Tax Info

  • New Taxes Expense: 5171.00
  • Tax Block: 1
  • Tax Census Tract: 56.00
  • Tax Lot: 7
  • Tax Tract Number: 0056.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Nov 5, 2020
Sold by
Hossain Maya
Bought by
Hossain Mohammed Ismail
Seller's Agent
Tony Guglielmo
ALLIED COMMERCIAL REAL ESTATE
Buyer's Agent
SOPHIA BERNAL
SOPHIA BERNAL, BROKER
List Price
$350,000
Sold Price
$280,000
Premium/Discount to List
-$70,000
-20%
Current Estimated Value
$479,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,590
Avg. Annual Appreciation
11.76%

Purchase Details

Closed on
Jan 29, 1996
Sold by
Lincoln Trust Company
Bought by
Martinez Jose J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,092
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 24, 1996
Sold by
Lincoln Trust Company
Bought by
Hirschi Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,092
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 1996
Sold by
Hirschi Marcia
Bought by
Lincoln Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,092
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 1995
Sold by
Lincoln Trust Company
Bought by
Hirschi Marcia

Purchase Details

Closed on
Mar 29, 1995
Sold by
Mcfarland J Donald and Mcfarland Elizabeth
Bought by
Martinez Jose J
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
Hossain Mohammed Ismail -- Orange Coast Title Company
Hossain Mohammed Ismail $280,000 Orange Coast Title Company
Martinez Jose J $58,500 Chicago Title Co
Hirschi Marcia -- Chicago Title Co
Lincoln Trust Company -- --
Hirschi Marcia -- --
Martinez Jose J $6,500 Old Republic Title Company
Martinez Jose J $3,000 Old Republic Title Company
Martinez Jose J $3,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Jose J $81,610
Previous Owner Martinez Jose J $91,000
Previous Owner Martinez Jose J $70,092
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2020 11/17/20 Sold $280,000 -13.8% $164 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
09/03/2020 09/03/20 Price Changed $325,000 -7.1% $190 / Sq Ft
06/19/2020 06/19/20 For Sale $350,000 -- $205 / 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 $3,869 $303,082 $97,419 $205,663
2024 $3,869 $297,139 $95,509 $201,630
2023 $3,772 $291,312 $93,636 $197,676
2022 $3,779 $285,600 $91,800 $193,800
2021 $3,786 $280,000 $90,000 $190,000
2020 $1,361 $91,422 $32,456 $58,966
2019 $1,324 $89,630 $31,820 $57,810
2018 $1,311 $87,872 $31,196 $56,676
2017 $1,271 $86,149 $30,584 $55,565
2016 $1,233 $84,459 $29,984 $54,475
2015 $1,105 $83,191 $29,534 $53,657
2014 $1,074 $81,561 $28,955 $52,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20119368

California Regional Multiple Listing Service (CRMLS)

APN: 0140-073-04