$825,000
SOLD OCT 31, 2014
2 Beds
2 Baths
2,477 Sq Ft
5,375 Sq Ft Lot

Recently Sold

$333 Per Sq Ft

3% Below List Price

2 Days on Market

Highlights

  • Laundry Room
  • Bret Harte Elementary School Rated A
  • Paved or Partially Paved Lot

About This Home

As of July 2015

Burbank! Sought after 4 unit building in Burbank! All 1 bedroom units, very well maintained with excellent rents. Live in one unit, rent out the others! Features: Each unit has access to laundry, 4 car garage, new roof in 2013, close to all. Approx. size of each unit 620 sqft.

Last Agent to Sell the Property

Christopher Rizzotti

REMAX Empower License #01298167 Listed on: 10/02/2014

Last Buyer's Agent

Steve Shrager

Coldwell Banker Realty License #01240376

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,119

Year Built

  • Built in 1947

Lot Details

  • 5,375 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Parking

  • 4 Car Garage

Home Design

  • 2,477 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 209
  • Tax Tract Number 9497
  • Assessor Parcel Number 2437002013

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $612
  • Gardener Expense $600
  • Insurance Expense $806
  • Gross Income $4,370
  • Net Operating Income $49,807

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,119

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 2437002013
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 333.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Laundry: Yes
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 5375.00
  • Lot Size Acres: 0.1230

Multi Family

  • Electric Expense: 612.00
  • Gross Income: 4370.00
  • Gross Scheduled Income: 52440.00
  • Insurance Expense: 806.00
  • Lot Size Area: 5375.0000 Square Feet
  • Net Operating Income: 49807.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 2633.00
  • Rent Control: No

Tax Info

  • Tax Lot: 209
  • Tax Tract Number: 9497
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2015
Closed on
Jul 1, 2015
Sold by
Ani Management & Consulting Services Llc
Bought by
The Tony Barriere & Carla Valerio Revoca
Seller's Agent
Steve Shrager
Coldwell Banker Realty
Buyer's Agent
Phil Appleby
List Price
$999,000
Sold Price
$984,500
Premium/Discount to List
-$14,500
-1.45%
Current Estimated Value
$1,488,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,097
Avg. Annual Appreciation
4.05%
Original Mortgage
$738,375
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2014
Closed on
Nov 7, 2014
Sold by
Supowitz Ani
Bought by
Anl Management & Consulting Services Llc
Seller's Agent
Christopher Rizzotti
REMAX Empower
Buyer's Agent
Steve Shrager
Coldwell Banker Realty
List Price
$849,000
Sold Price
$825,000
Premium/Discount to List
-$24,000
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.27%
Original Mortgage
$618,750
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2014
Closed on
Oct 7, 2014
Sold by
Bu Family Investment Llc
Bought by
Supowitz Ani
Seller's Agent
Christopher Rizzotti
REMAX Empower
Buyer's Agent
Steve Shrager
Coldwell Banker Realty
List Price
$849,000
Sold Price
$825,000
Premium/Discount to List
-$24,000
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2008
Sold by
Bu Bruce L and Bu Jenny H
Bought by
Bu Family Investment Llc

Purchase Details

Closed on
May 10, 2007
Sold by
Bu Bruce L and Bu Jenny H
Bought by
Bu Bruce L

Purchase Details

Closed on
Jun 20, 2005
Sold by
Chambers Russell P and Chambers Vera L
Bought by
Bu Bruce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2003
Sold by
Brambila Miguel A
Bought by
Chambers Russell P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.89%

Purchase Details

Closed on
Oct 29, 1999
Sold by
Family Trust Nickerson Dolores E Tr Nickerson
Bought by
Brambila Miguel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,670
Interest Rate
7.82%
Mortgage Type
FHA
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 Type Sale Price Title Company
Grant Deed $984,500 Chicago Title Company
Quit Claim Deed -- None Available
Grant Deed $825,000 Chicago Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $725,000 --
Grant Deed $450,000 Southland Title
Individual Deed $285,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $673,500 New Conventional
Closed $738,375 New Conventional
Previous Owner $618,750 New Conventional
Previous Owner $543,750 Purchase Money Mortgage
Previous Owner $160,000 No Value Available
Previous Owner $74,000 Credit Line Revolving
Previous Owner $291,000 Unknown
Previous Owner $282,670 FHA
Previous Owner $50,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2015 07/17/15 Sold $984,500 -1.5% $397 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $999,000 +21.1% $403 / Sq Ft
10/31/2014 10/31/14 Sold $825,000 -2.8% $333 / Sq Ft
10/04/2014 10/04/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $849,000 -- $343 / 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 $13,119 $1,184,120 $703,763 $480,357
2024 $13,119 $1,160,903 $689,964 $470,939
2023 $12,980 $1,138,141 $676,436 $461,705
2022 $12,395 $1,115,825 $663,173 $452,652
2021 $12,345 $1,093,947 $650,170 $443,777
2019 $11,847 $1,061,502 $630,887 $430,615
2018 $11,687 $1,040,689 $618,517 $422,172
2016 $10,927 $984,500 $594,500 $390,000
2015 $9,136 $825,000 $495,000 $330,000
2014 $9,121 $808,222 $646,579 $161,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB14211727

California Regional Multiple Listing Service (CRMLS)

APN: 2437-002-013