NOT LISTED FOR SALE

18514 Rio Seco Dr Rowland Heights, CA 91748

Estimated Value: $1,250,000 - $2,008,242

8 Beds
7 Baths
3,650 Sq Ft
$430/Sq Ft Est. Value

Last Sold January 30, 2013

Last sale price $825,000 $226 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $9,380/month

22 Days on Market

Highlights

  • Contemporary Architecture
  • Carpet
  • Heating System Uses Natural Gas
  • Alvarado Intermediate School Rated A-

About This Home

As of January 2013

Rare investment opportunity in Rowland Heights! All units are 2 bedroom/1.5 baths each. Long term tenants & rents are low. Townhouse style units with garages, each unit approx 900 square feet. All units have one garage, additional garages are rented out. Standard Sale - DO NOT DISTURB CURRENT TENANTS - DRIVE BY ONLY!

Last Agent to Sell the Property

Linda Domis

Keller Williams Realty License #00571375 Listed on: 12/17/2012

Keller Williams Realty

Last Buyer's Agent

Amy Wang

High Ten Partners, Inc. License #01349731

High Ten Partners, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,421

Year Built

  • Built in 1964

Lot Details

  • 6,219 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,650 Sq Ft Home
  • Carpet

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, trash collection, water
  • Tax Lot 11
  • Tax Tract Number 28047
  • Assessor Parcel Number 8761003011

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,421

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 8761003011
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 226.03

Exterior Features

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

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6219.00
  • Lot Size Acres: 0.1430

Rental Info

  • Tenant Pays: Electricity, Trash Collection, Water

Multi Family

  • Gross Multiplier: 17.87
  • Gross Scheduled Income: 43920.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Area: 8371
  • Tax Lot: 11
  • Tax Tract Number: 28047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2012
Closed on
Jan 17, 2013
Sold by
Clark Brian Douglas
Bought by
U S Realty Advisors Group Llc
Seller's Agent
Linda Domis
Keller Williams Realty
Buyer's Agent
Amy Wang
High Ten Partners, Inc.
List Price
$785,000
Sold Price
$825,000
Premium/Discount to List
$40,000
5.1%
Current Estimated Value
$1,570,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$745,561
Avg. Annual Appreciation
5.18%

Purchase Details

Listed on
Dec 17, 2012
Closed on
Jan 16, 2013
Sold by
Clark Brian Douglas and Dorothy J Casperson Trust
Bought by
Clark Brian Douglas
Seller's Agent
Linda Domis
Keller Williams Realty
Buyer's Agent
Amy Wang
High Ten Partners, Inc.
List Price
$785,000
Sold Price
$825,000
Premium/Discount to List
$40,000
5.1%

Purchase Details

Closed on
Apr 30, 2010
Sold by
Casperson Dorothy J
Bought by
Casperson Dorothy J and The Dorothy J Casperson Trust
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
U S Realty Advisors Group Llc $825,000 None Available
Clark Brian Douglas -- None Available
Casperson Dorothy J -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2013 01/30/13 Sold $825,000 +5.1% $226 / Sq Ft
01/08/2013 01/08/13 Pending -- -- --
12/17/2012 12/17/12 For Sale $785,000 -- $215 / 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 $13,421 $1,015,918 $492,568 $523,350
2024 $13,421 $995,999 $482,910 $513,089
2023 $12,643 $976,471 $473,442 $503,029
2022 $12,366 $957,325 $464,159 $493,166
2021 $12,153 $938,555 $455,058 $483,497
2019 $11,790 $910,718 $441,561 $469,157
2018 $11,360 $892,861 $432,903 $459,958
2016 $10,929 $858,193 $416,094 $442,099
2015 $10,755 $845,303 $409,844 $435,459
2014 $10,742 $828,745 $401,816 $426,929
Source: Public Records

Agents Affiliated with this Home

  • Linda Domis

    Seller's Agent in 2013

    Linda Domis

    Keller Williams Realty

    (562) 665-1785

    94 Total Sales

    Linda Domis
    Section Image
  • Amy Wang

    Buyer's Agent in 2013

    Amy Wang

    High Ten Partners, Inc.

    (626) 462-5612

    21 Total Sales

    Amy Wang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P843688

California Regional Multiple Listing Service (CRMLS)

APN: 8761-003-011

California Los Angeles County Rowland Heights 91748

18514 Rio Seco Dr, Rowland Heights, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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