NOT LISTED FOR SALE

Estimated Value: $537,000 - $694,874

2 Beds
2 Baths
1,144 Sq Ft
$545/Sq Ft Est. Value

Last Sold October 30, 2012

Last sale price $175,000 $153 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $3,757/month

37 Days on Market

Highlights

  • Bungalow
  • No Heating
  • 3-minute walk to Mariachi Plaza

About This Home

As of October 2012

Cute duplex with lots of potential. Located very close to Downtown Los Angeles, great freeway access and close to local schools. Property needs some TLC.

Last Agent to Sell the Property

Megan Edner

Edner & Associates Real Estate Services License #01437099 Listed on: 07/26/2012

Last Buyer's Agent

Megan Edner

Edner & Associates Real Estate Services License #01437099 Listed on: 07/26/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,181

Parking

  • 2 Parking Spaces

Home Design

  • 1,144 Sq Ft Home
  • Bungalow
  • Stucco

Additional Features

  • 5,181 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 17 / H
  • Tax Tract Number 2060
  • Assessor Parcel Number 5174019032

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $50
  • Water Sewer Expense $150
  • New Taxes Expense $6,586

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Water Sewer Expenses: 150.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5174019032
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 152.97

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 50.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5181.00
  • Lot Size Acres: 0.1190

Multi Family

  • Gross Multiplier: 291.67
  • Gross Scheduled Income: 600.00
  • Lot Size Area: 5181.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 6586.00
  • Tax Area: 4
  • Tax Block: H
  • Tax Lot: 17
  • Tax Tract Number: 2060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2014
Sold by
Nela Group Corp
Bought by
Carreno Christian
Current Estimated Value
$643,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,200
Outstanding Balance
$144,165
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$478,804

Purchase Details

Closed on
Dec 23, 2013
Sold by
Schott James
Bought by
Nela Group Inc

Purchase Details

Listed on
Jul 26, 2012
Closed on
Sep 21, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Schott James
Seller's Agent
Megan Edner
Edner & Associates Real Estate Services
Buyer's Agent
Megan Edner
Edner & Associates Real Estate Services
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
Original Mortgage
$110,694
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 26, 2012
Closed on
Sep 18, 2012
Sold by
Rosmarino Bettina
Bought by
Schott James
Seller's Agent
Megan Edner
Edner & Associates Real Estate Services
Buyer's Agent
Megan Edner
Edner & Associates Real Estate Services
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,694
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2012
Sold by
Gonzalez Alejandro
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Mar 6, 2006
Sold by
Patino Sergio and Patino Candalaria
Bought by
Gonzalez Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
1.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 20, 1998
Sold by
Cobian Luciano and Cobian Maria A
Bought by
Patino Sergio and Patino Candalaria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,522
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 2, 1997
Sold by
Cobian Luciano and Cobian Maria A
Bought by
Patino Sergio and Patino Candelaria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carreno Christian $317,000 Western Resources Title
Nela Group Inc -- Title365 Company
Schott James $170,500 Premium Title Of Ca Inc
Schott James -- Premium Title Of Ca Inc
Deutsche Bank National Trust Company $255,000 Accommodation
Gonzalez Alejandro $480,000 Commonwealth Land Title Co
Patino Sergio -- Landsafe Title
Patino Sergio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carreno Christian $190,200
Previous Owner Schott James $110,694
Previous Owner Gonzalez Alejandro $384,000
Previous Owner Patino Sergio $130,522
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2012 10/30/12 Sold $175,000 0.0% $153 / Sq Ft
09/01/2012 09/01/12 Pending -- -- --
07/26/2012 07/26/12 For Sale $175,000 -- $153 / 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 $4,738 $375,103 $191,229 $183,874
2024 $4,738 $367,749 $187,480 $180,269
2023 $4,650 $360,539 $183,804 $176,735
2022 $4,440 $353,470 $180,200 $173,270
2021 $4,384 $346,540 $176,667 $169,873
2020 $4,425 $342,988 $174,856 $168,132
2019 $4,258 $336,264 $171,428 $164,836
2018 $4,148 $329,671 $168,067 $161,604
2016 $3,960 $316,872 $161,542 $155,330
2015 $3,904 $312,113 $159,116 $152,997
2014 $4,062 $317,000 $200,000 $117,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1204594

California Regional Multiple Listing Service (CRMLS)

APN: 5174-019-032