NOT LISTED FOR SALE

18519 Corby Ave Artesia, CA 90701

Estimated Value: $896,000 - $1,217,000

2 Beds
1 Bath
1,632 Sq Ft
$613/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $700,000 $429 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,205/month

3 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Wall Furnace
  • Burbank (Luther) Elementary School Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of March 2020

Duplex consisting of two bedrooms and one bath each with attached one car garage for each unit. Close to Downtown Artesia. Close to Artesia Freeway (91). Rents are high in this area. Drive by only. Make offer subject to inspection.

Last Agent to Sell the Property

Elvia Lopez

Cogburn-Miller Realty License #00943287 Listed on: 02/15/2020

Last Buyer's Agent

Henry Liao

Aloha Realty License #00668210

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,041

Year Built

  • Built in 1955

Lot Details

  • 6,129 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 83
  • Tax Tract Number 6106
  • Assessor Parcel Number 7039003025

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $604
  • Trash Expense $545
  • New Taxes Expense $8,750
  • Operating Expense $9,899
  • Gross Income $28,800
  • Net Operating Income $18,901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,041

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: ATMRV*
  • Property Type: Residential Income
  • Parcel Number: 7039003025
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 428.92

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Trash Expense: 545.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level, Near Public Transit
  • Lot Size Sq Ft: 6129.00
  • Lot Size Acres: 0.1407

Multi Family

  • Average2 Bed Area: 816 Square Feet
  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 604.00
  • Lot Size Area: 6129.0000 Square Feet
  • Net Operating Income: 18901.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 9899.00
  • Rent Control: Yes
  • Total Expenses: 9899.00

Tax Info

  • New Taxes Expense: 8750.00
  • Tax Census Tract: 5549.00
  • Tax Lot: 83
  • Tax Tract Number: 6106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2020
Closed on
Feb 19, 2020
Sold by
Thomason Carolyn Rae and Thomason William Dennis
Bought by
Liao David W and Liao Patricia P
Seller's Agent
Elvia Lopez
Cogburn-Miller Realty
Buyer's Agent
Henry Liao
Aloha Realty
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$1,000,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,590
Avg. Annual Appreciation
5.71%

Purchase Details

Listed on
Feb 15, 2020
Closed on
Jan 16, 2020
Sold by
Thomason William Denis
Bought by
Thomason Carolyn Rae and Thomason William Dennis
Seller's Agent
Elvia Lopez
Cogburn-Miller Realty
Buyer's Agent
Henry Liao
Aloha Realty
List Price
$700,000
Sold Price
$700,000

Purchase Details

Closed on
Apr 29, 2013
Sold by
Thomason William Dennis and Thomason Carolyn Rae
Bought by
Thomason William Dennis and Thomason Carolyn Rae
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
Liao David W $682,500 Fidelity National Title Co
Thomason William Dennis -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2020 03/16/20 Sold $700,000 0.0% $429 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
02/15/2020 02/15/20 For Sale $700,000 -- $429 / 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 $9,041 $746,409 $451,127 $295,282
2024 $9,041 $731,775 $442,282 $289,493
2023 $8,746 $717,427 $433,610 $283,817
2022 $8,614 $703,360 $425,108 $278,252
2021 $8,414 $689,570 $416,773 $272,797
2020 $4,067 $302,116 $103,524 $198,592
2019 $4,008 $296,194 $101,495 $194,699
2018 $3,710 $290,387 $99,505 $190,882
2016 $3,556 $279,113 $95,642 $183,471
2015 $3,738 $274,922 $94,206 $180,716
2014 $3,998 $269,538 $92,361 $177,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20032512

California Regional Multiple Listing Service (CRMLS)

APN: 7039-003-025