NOT LISTED FOR SALE

17912 Downey Ave Bellflower, CA 90706

Estimated Value: $1,154,000 - $1,225,000

4 Beds
4 Baths
2,160 Sq Ft
$553/Sq Ft Est. Value

Last Sold July 02, 2012

Last sale price $450,000 $208 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $7,236/month

12 Days on Market

Highlights

  • Wooded Lot
  • Traditional Architecture
  • Heating System Uses Natural Gas

About This Home

As of July 2012

Charming units- 1 bedroom each with low actual rents and long term tenants. Huge lot features wide driveway for plenty of parking and two private yards and two double garages. Property being sold to settle Trust.

Last Agent to Sell the Property

Gerald Miller

Cogburn-Miller Realty License #00229818 Listed on: 04/22/2012

Last Buyer's Agent

Michael Domino

Coldwell Banker Realty License #01807239

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,787

Year Built

  • Built in 1956

Lot Details

  • 9,879 Sq Ft Lot
  • Wooded Lot

Home Design

  • 2,160 Sq Ft Home
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Parking

  • 8 Car Garage
  • Front Facing Garage
  • Shared Driveway

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Block 7
  • Tax Tract Number 5023
  • Assessor Parcel Number 7162022025

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,675
  • Insurance Expense $1,137
  • Pest Control $285
  • Supplies Expense $141
  • Trash Expense $808
  • New Taxes Expense $5,625
  • Gross Income $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,787

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Assessments: No
  • Supplies Expense: 141.00
  • View: No
  • Zoning: BFR2
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 1675.00
  • Parcel Number: 7162022025
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 208.33

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Concrete, Garage Faces Front, Shared Driveway
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Pest Control Expense: 285.00
  • Trash Expense: 808.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Treed Lot
  • Lot Size Sq Ft: 9879.00
  • Lot Size Acres: 0.2270

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3000.00
  • Gross Multiplier: 11.93
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1137.00
  • Lot Size Area: 9879.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Other Expense Description: 318
  • Total Actual Rent: 36000.00

Tax Info

  • New Taxes Expense: 5625.00
  • Tax Area: 7300
  • Tax Block: 7
  • Tax Lot: 0.
  • Tax Tract Number: 5023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2019
Sold by
Sobrero Alejandra Ester
Bought by
Sobrero Oscar Sergio
Current Estimated Value
$1,203,065

Purchase Details

Closed on
Nov 9, 2012
Sold by
Sobrero Oscar Sergio and Sobrero Alejandra Ester
Bought by
Sobrero Oscar Sergio and Sobrero Alejandra Ester

Purchase Details

Listed on
Apr 22, 2012
Closed on
May 11, 2012
Sold by
Fam Young Roberta L and Fam Marilyn H Binske Revocable
Bought by
Sobrero Oscar Sergio and Sobrero Alejandra Ester
Seller's Agent
Gerald Miller
Cogburn-Miller Realty
Buyer's Agent
Michael Domino
Coldwell Banker Realty
List Price
$429,500
Sold Price
$450,000
Premium/Discount to List
$20,500
4.77%

Purchase Details

Closed on
Feb 11, 2010
Sold by
Marilyn H Binske Family Trust
Bought by
Young Roberta
Source: Public Records

Range of Values:

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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
Sobrero Oscar Sergio -- None Available
Sobrero Oscar Sergio $450,000 North American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2012 07/02/12 Sold $450,000 +4.8% $208 / Sq Ft
05/04/2012 05/04/12 Pending -- -- --
04/22/2012 04/22/12 For Sale $429,500 -- $199 / 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 $7,787 $554,132 $332,481 $221,651
2024 $7,787 $543,267 $325,962 $217,305
2023 $7,648 $532,616 $319,571 $213,045
2022 $7,453 $522,173 $313,305 $208,868
2021 $7,285 $511,935 $307,162 $204,773
2019 $7,453 $496,752 $298,052 $198,700
2018 $6,892 $487,012 $292,208 $194,804
2016 $6,209 $468,103 $280,862 $187,241
2015 $5,868 $461,073 $276,644 $184,429
2014 $6,018 $452,042 $271,225 $180,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1202243

California Regional Multiple Listing Service (CRMLS)

APN: 7162-022-025