NOT LISTED FOR SALE

16713 Ardmore Ave Bellflower, CA 90706

Estimated Value: $946,000 - $1,196,429

4 Beds
4 Baths
2,658 Sq Ft
$418/Sq Ft Est. Value

Last Sold May 17, 2014

Last sale price $625,000 $235 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $6,620/month

6 Days on Market

Highlights

  • Dual Staircase
  • Traditional Architecture
  • Courtyard Views
  • Fireplace in Bathroom
  • No HOA
  • 4-minute walk to Pirate Park

About This Home

As of May 2014

4 plex large one bedrooms with 4 large garages detached and parking behind building with driveway
upgraded kitchens

Last Agent to Sell the Property

Jerry Scanlan

Pacific Coast Realty License #00461475 Listed on: 04/04/2014

Last Buyer's Agent

Barry Knight

BMK Properties License #01874710

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,598

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 5,993 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Combination Foundation
  • Composition Roof
  • Adobe

Interior Spaces

  • 2,658 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Awning
  • Wood Frame Window
  • Bonus Room with Fireplace
  • Laminate Flooring
  • Courtyard Views
  • Carbon Monoxide Detectors
  • Built-In Range
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms
  • Fireplace in Bathroom

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Central Air
  • 220 Volts in Kitchen

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 71 / 1
  • Tax Tract Number 5542
  • Assessor Parcel Number 7106002014

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,450
  • Maintenance Expense $1,200
  • Supplies Expense $600
  • Trash Expense $2,820
  • Water Sewer Expense $3,120
  • New Taxes Expense $6,496
  • Gross Income $4,325
  • Net Operating Income $31,971

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,598

Year Built

Built in 1955 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 5.50
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s)
  • Supplies Expense: 600.00
  • View: Yes
  • Water Sewer Expenses: 3120.00
  • Zoning: BFR3
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7106002014
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Fireplace Features: Bonus Room, Bath
  • Levels: Two
  • Price Per Square Foot: 235.14
  • Window Features: Wood Frames

Exterior Features

  • Direction Faces: East
  • Foundation: Combination
  • Exterior Features: Awning(s)
  • View: Courtyard
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Adobe

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Appliances: Built-In Range
  • Electric: 220 Volts in Kitchen
  • Laundry Features: Common Area
  • Trash Expense: 2820.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5993.00
  • Lot Size Acres: 0.1380

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average1 Bed Area: 670
  • Gross Income: 4325.00
  • Gross Multiplier: 11.17
  • Gross Scheduled Income: 51900.00
  • Insurance Expense: 1450.00
  • Lot Size Area: 5993.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 31971.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 9549.00
  • Operating Expense Percent: 23.00
  • Rent Control: No
  • Total Actual Rent: 4325.00

Tax Info

  • New Taxes Expense: 6496.00
  • Tax Area: 2267
  • Tax Block: 1
  • Tax Lot: 71
  • Tax Tract Number: 5542
  • Tax Year: 2008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
Apr 15, 2014
Sold by
Schooley Laverne Dean
Bought by
Edington Mark E and Lorena Gardner Edington I
Seller's Agent
Jerry Scanlan
Pacific Coast Realty
Buyer's Agent
Barry Knight
BMK Properties
List Price
$580,000
Sold Price
$625,000
Premium/Discount to List
$45,000
7.76%
Current Estimated Value
$1,111,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,857
Avg. Annual Appreciation
5.16%
Original Mortgage
$468,750
Outstanding Balance
$356,874
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$754,983

Purchase Details

Closed on
Feb 10, 2009
Sold by
Schooley Laverne Dean
Bought by
Schooley Laverne Dean and Schooley Tricia M

Purchase Details

Closed on
Nov 21, 2008
Sold by
Jpmorgan Chase Bank National Association
Bought by
Schooley Laverne Dean and Burns Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,750
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2008
Sold by
Burns Amelia A
Bought by
Burns Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,750
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2008
Sold by
Schooley Tricia M
Bought by
Schooley Laverne Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,750
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2008
Sold by
Federal Deposit Insurance Corporation
Bought by
Jpmorgan Chase Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,750
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2008
Sold by
Garces Florencio
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Jan 11, 2005
Sold by
Teverbaugh Vickie J
Bought by
Teverbaugh Dwayne

Purchase Details

Closed on
Oct 27, 2004
Sold by
Teverbaugh Dwayne
Bought by
Garces Florencio and Garces Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2004
Sold by
Rixner Terrance
Bought by
Teverbaugh Dwayne and Mcnicholas John

Purchase Details

Closed on
Mar 13, 2003
Sold by
Green Morris
Bought by
Teverbaugh Dwayne and Mcnicholas John

Purchase Details

Closed on
Nov 15, 2000
Sold by
Gomez Cynthia
Bought by
Lauro Frank

Purchase Details

Closed on
Jul 14, 2000
Sold by
Gomez Cynthia
Bought by
Puzzo Paul N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,565
Interest Rate
8.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 1999
Sold by
Plueger Michael J
Bought by
Gomez Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,283
Interest Rate
6.63%
Source: Public Records

Range of Values:

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Average Value
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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
Edington Mark E $625,000 Fidelity National Title Co
Schooley Laverne Dean -- None Available
Schooley Laverne Dean $469,000 Investors Title Company
Burns Thomas C -- Chicago Title Company
Schooley Laverne Dean -- Chicago Title Company
Jpmorgan Chase Bank National Association -- None Available
Washington Mutual Bank $584,903 None Available
Teverbaugh Dwayne -- --
Garces Florencio $510,000 Chicago
Teverbaugh Dwayne -- Chicago
Mcnicholas John -- Chicago
Teverbaugh Dwayne -- --
Lauro Frank $125,000 Fidelity Title
Teverbaugh Dwayne -- --
Puzzo Paul N $294,000 Southland Title
Gomez Cynthia $250,000 First American Title Co
Gomez Cynthia -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edington Mark E $468,750
Previous Owner Schooley Laverne Dean $351,750
Previous Owner Garces Florencio $408,000
Previous Owner Puzzo Paul N $291,565
Previous Owner Gomez Cynthia $179,283
Closed Garces Florencio $76,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2014 05/17/14 Sold $625,000 +7.8% $235 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $580,000 -- $218 / 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 $9,598 $766,153 $306,461 $459,692
2024 $9,598 $751,131 $300,452 $450,679
2023 $9,222 $736,404 $294,561 $441,843
2022 $9,059 $721,966 $288,786 $433,180
2021 $8,871 $707,811 $283,124 $424,687
2019 $8,644 $686,819 $274,727 $412,092
2018 $8,364 $673,353 $269,341 $404,012
2017 $23 $660,151 $264,060 $396,091
2016 $8,028 $647,208 $258,883 $388,325
2015 $7,863 $637,487 $254,995 $382,492
2014 $6,314 $492,678 $183,834 $308,844
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14069466

California Regional Multiple Listing Service (CRMLS)

APN: 7106-002-014