NOT LISTED FOR SALE

Estimated Value: $780,000 - $897,204

5 Beds
2 Baths
2,329 Sq Ft
$361/Sq Ft Est. Value

Last Sold December 23, 2016

Last sale price $458,000 $197 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,176/month

75 Days on Market

Highlights

  • Above Ground Pool
  • 4-minute walk to Vernon Station
  • Back and Front Yard
  • No HOA

About This Home

As of December 2016

This is an outstanding residential income property, good for your first time buyer or investor. Both units were remodeled three years ago and they are ready to move in. From unit consist of 3 bedroom and 1 bath; rear unit consist of two bedroom and 1 bath, all remodeled.
Enough parking space and a garage for ONE car garage.

Last Agent to Sell the Property

Saul Miranda

Amer Ex Realty Inc. Brokerage Phone: 562-753-1584 License #01432460 Listed on: 08/13/2016

Last Buyer's Agent

Saul Miranda

Amer Ex Realty Inc. Brokerage Phone: 562-753-1584 License #01432460 Listed on: 08/13/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,309

Year Built

  • Built in 1922

Lot Details

  • 6,272 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • 2,329 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Additional Features

  • Above Ground Pool
  • Suburban Location

Listing and Financial Details

  • Tax Lot 317
  • Tax Tract Number 3
  • Assessor Parcel Number 5116022017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Trash Expense $20
  • Water Sewer Expense $45
  • New Taxes Expense $5,687
  • Operating Expense $7,317
  • Gross Income $3,100
  • Net Operating Income $29,883

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,309

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 45.00
  • Zoning: LAM2
  • Property Type: Residential Income
  • Parcel Number: 5116022017
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 196.65

Exterior Features

  • Pool Features: Above Ground

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 20.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6272.00
  • Price Per Lot Square Foot: 72.54
  • Lot Size Acres: 0.1440

Multi Family

  • Gross Income: 3100.00
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 900.00
  • Lot Size Area: 6272.0000 Square Feet
  • Net Operating Income: 29883.00
  • 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: 7317.00
  • Rent Control: No
  • Total Expenses: 7317.00
  • Vacancy Allowance: 3

Tax Info

  • New Taxes Expense: 5687.00
  • Tax Lot: 317
  • Tax Tract Number: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
Castaneda Miguel Hernandez and Garcia Judith
Bought by
Castaneda Miguel Hernandez and Garcia Judith
Current Estimated Value
$839,801

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
Outstanding Balance
$414,628
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$407,616

Purchase Details

Listed on
Aug 13, 2016
Closed on
Oct 27, 2016
Sold by
Morales Merlin Ademir and Miranda Mercedes E
Bought by
Hernandez Miguel and Garcia Judith
Seller's Agent
Saul Miranda
Amer Ex Realty Inc.
Buyer's Agent
Saul Miranda
Amer Ex Realty Inc.
List Price
$454,990
Sold Price
$458,000
Premium/Discount to List
$3,010
0.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$446,758
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2013
Sold by
Morales Silder and Alfaro Glenda
Bought by
Morales Silder and Alfaro Glenda

Purchase Details

Listed on
Feb 14, 2013
Closed on
Apr 4, 2013
Sold by
Evi Distresed Re Fund 1 Llc
Bought by
Morales Silder and Alfaro Glenda
Seller's Agent
Duane White
Home Centre Real Estate/Mtg.
Buyer's Agent
MARIO GARCIA
MG REALTY
List Price
$309,900
Sold Price
$340,000
Premium/Discount to List
$30,100
9.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$333,841
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 27, 2012
Closed on
Apr 19, 2012
Sold by
The Bank Of New York Mellon
Bought by
Evi Distressed Re Fund 1 Llc
Seller's Agent
Leo Nordine
Nordine Realtors, Inc.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$219,900
Sold Price
$167,000
Premium/Discount to List
-$52,900
-24.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
109.71%
Original Mortgage
$160,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2011
Sold by
Hernandez Juan C
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jul 21, 2005
Sold by
Valencia Villaldo and Valencia Fidelia
Bought by
Mora Juan C Hernandez

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
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2004
Sold by
Contreras J Jesus
Bought by
Valencia Villaldo and Valencia Fidelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2003
Sold by
Ruiz Peter A
Bought by
Contreras J Jesus
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
Castaneda Miguel Hernandez -- Atlas Title
Hernandez Miguel $455,000 Lawyers Title
Morales Merlin Ademir -- Lawyers Title
Morales Silder -- None Available
Morales Silder $340,000 Lsi Title Company
Evi Distressed Re Fund 1 Llc $167,000 Lsi Title Company
The Bank Of New York Mellon $336,801 None Available
Mora Juan C Hernandez $420,000 --
Valencia Villaldo $160,000 United Title Company/La
Contreras J Jesus $113,000 Commonwealth
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castaneda Miguel Hernandez $455,000
Previous Owner Hernandez Miguel $446,758
Previous Owner Morales Silder $333,841
Previous Owner Evi Distressed Re Fund 1 Llc $160,000
Previous Owner Mora Juan C Hernandez $336,000
Previous Owner Valencia Villaldo $155,200
Previous Owner Ruiz Peter A $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2016 12/23/16 Sold $458,000 +0.7% $197 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
08/13/2016 08/13/16 For Sale $454,990 +33.8% $195 / Sq Ft
04/25/2013 04/25/13 Sold $340,000 +9.7% $146 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $309,900 +85.6% $133 / Sq Ft
05/09/2012 05/09/12 Sold $167,000 -24.1% $72 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $219,900 -- $94 / 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 $7,309 $585,613 $360,140 $225,473
2024 $7,309 $574,131 $353,079 $221,052
2023 $7,172 $562,874 $346,156 $216,718
2022 $6,214 $497,606 $278,879 $218,727
2021 $6,130 $487,850 $273,411 $214,439
2020 $6,187 $482,849 $270,608 $212,241
2019 $5,951 $473,382 $265,302 $208,080
2018 $5,822 $464,100 $260,100 $204,000
2016 $4,448 $353,677 $197,643 $156,034
2015 $4,386 $348,366 $194,675 $153,691
2014 $4,411 $341,543 $190,862 $150,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16178658

California Regional Multiple Listing Service (CRMLS)

APN: 5116-022-017