NOT LISTED FOR SALE

Estimated Value: $578,000 - $697,604

6 Beds
2 Baths
2,261 Sq Ft
$283/Sq Ft Est. Value

Last Sold January 24, 2017

Last sale price $270,000 $119 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $4,065/month

121 Days on Market

Highlights

  • Gated Parking
  • 1-Story Property
  • 4-minute walk to Mercado Park
  • No HOA

About This Home

As of January 2017

**** Motivated Seller **** Price Reduction *****Great investment opportunity!! The units are identical with 3 large bedrooms, 1 bathroom, 1130 square feet, large living room, washer hook up inside, dyer hook up in the private back little yard area inside the storage unit, this unit shares a large concrete gated are in front of the units which is great for children to play safely, Parking in the back.

Last Agent to Sell the Property

Alejandra Guerrero

License #01881377 Listed on: 07/19/2016

Last Buyer's Agent

Alicia Martinez

Hispana Homes License #01185725

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,670

Year Built

  • Built in 1958

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls
  • No Sprinklers

Home Design

  • Duplex

Interior Spaces

  • 2,261 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Gated Parking
  • Unassigned Parking

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 22
  • Tax Tract Number 1
  • Assessor Parcel Number 313262011

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Trash Expense $600
  • Water Sewer Expense $1,920
  • Gross Income $2,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,670

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1920.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 313262011
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 119.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned, Gated

Utilities

  • Utilities: Sewer Available, Sewer Connected
  • Sprinklers: No
  • Electric: Electricity - On Property
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6098.00
  • Price Per Lot Square Foot: 47.56

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 2100.00
  • Gross Scheduled Income: 2100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 22
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Castillo Marco Antonio Rangel and Rangel Andromeda
Bought by
Torres Salvador and Ibarra Rosa Estela
Total Days on Market
121
Current Estimated Value
$639,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,487
Outstanding Balance
$414,161
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$221,268

Purchase Details

Closed on
Sep 12, 2018
Sold by
Hernandez Ricardo
Bought by
Castillo Marco Antonio Rangel and Rangel Andromeda

Purchase Details

Closed on
Nov 23, 2016
Sold by
Juan Robles and Robles Revocab Guadalupe A
Bought by
Hernandez Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 16, 2016
Sold by
Robles Juan and Robles Guadalupe A
Bought by
Juan Robles and Juan Guadalupe Angelina

Purchase Details

Listed on
May 21, 2012
Closed on
Oct 23, 2012
Sold by
Morra Michael
Bought by
Robles Juan and Robles Guadalupe A
Seller's Agent
Hope Geyer
True Compass Realty
Buyer's Agent
Alejandra Guerrero
List Price
$175,000
Sold Price
$145,000
Premium/Discount to List
-$30,000
-17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%

Purchase Details

Closed on
Apr 23, 2010
Sold by
Hodges Marjorie
Bought by
Morra Michael

Purchase Details

Closed on
Aug 2, 2003
Sold by
Strain David A and Strain Shervl S
Bought by
Hodges Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage
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
Torres Salvador $470,000 Pacific Coast Title Company
Castillo Marco Antonio Rangel -- Accommodation
Hernandez Ricardo -- Lawyers Title
Juan Robles -- None Available
Robles Juan $145,000 None Available
Morra Michael $100,000 Stewart Title Riverside
Hodges Marjorie $90,000 Orange Coast Title Ins Co
Hodges Marjorie -- Orange Coast Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Salvador $461,487
Previous Owner Castillo Marco Antonio Rangel $255,000
Previous Owner Hernandez Ricardo $265,109
Previous Owner Magnolia Gardens Llc $182,000
Previous Owner Hodges Marjorie $228,000
Previous Owner Hodges Marjorie $140,000
Previous Owner Hodges Marjorie $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2017 01/24/17 Sold $270,000 -6.9% $119 / Sq Ft
01/03/2017 01/03/17 For Sale $290,000 0.0% $128 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
11/09/2016 11/09/16 Pending -- -- --
09/10/2016 09/10/16 Price Changed $290,000 -3.3% $128 / Sq Ft
07/19/2016 07/19/16 For Sale $300,000 +106.9% $133 / Sq Ft
11/27/2012 11/27/12 Sold $145,000 -17.1% $64 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $175,000 -- $77 / 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
2023 $5,670 $488,986 $78,027 $410,959
2022 $5,608 $479,399 $76,498 $402,901
2021 $5,499 $470,000 $74,999 $395,001
2020 $3,301 $280,908 $41,616 $239,292
2019 $3,224 $275,400 $40,800 $234,600
2018 $3,138 $275,400 $40,800 $234,600
2017 $1,419 $122,015 $26,524 $95,491
2016 $1,390 $119,623 $26,004 $93,619
2015 $1,363 $117,828 $25,614 $92,214
2014 $1,332 $115,521 $25,113 $90,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16157677

California Regional Multiple Listing Service (CRMLS)

APN: 313-262-011