NOT LISTED FOR SALE

Estimated Value: $955,000 - $1,108,000

5 Beds
4 Baths
2,544 Sq Ft
$418/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $955,000 $375 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,617/month

72 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Corner Lot
  • Laundry Room
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Cressa Park

About This Home

As of October 2022

New price and new look!Freshly painted inside and out! This is not your run of the mill triplex. It is a fantastic corner lot property that works well for investors or owner occupants. The front house faces Maine, a grannie flat is attached to a detached two-car garage, and a second full size house faces 19th Street and has been given the address of 720 W. 19th Street. Both houses are well-built, have those beautiful oak floors, large double-hung windows, composition roofs and raised foundations typical of a 50s Wrigley ranch style home. The homes have been well-maintained with newer vinyl windows, upgraded plumbing, newer roof, and updated kitchens. Front house: large living area with front bay window, large remodeled kitchen with eating area, family room, sliding door to covered patio, backyard with entry into two-car detached garage, with plenty of room for a car and laundry area. Granny flat: Attached to the westside of garage has newer vinyl windows, new paint and new flooring. The unit has access to a side yard and rear yard with a large shred. Rear house: Also has beautiful wood floors, large newer vinyl windows, updated kitchen and bath, plenty of storage, inside laundry hook-ups, private rear yard with block wall and vinyl topper, covered porch, and detached one plus car garage. The property is located in a quiet area of Wrigley, just off Daisy Avenue, site of the annual holiday parade. Easy access to 710, just south of Bixby Knolls and close to the waterfront of downtown.

Last Agent to Sell the Property

Michele Kreinheder

Compass License #01884449 Listed on: 06/27/2022

Compass

Last Buyer's Agent

Michele Kreinheder

Compass License #01884449 Listed on: 06/27/2022

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 7,222 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Corner Lot
  • Front Yard Sprinklers

Parking

  • 3 Car Garage

Home Design

  • 2,544 Sq Ft Home
  • Composition Roof

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Whole House Fan
  • Floor Furnace

Listing and Financial Details

  • Legal Lot and Block 13 / 2
  • Tax Tract Number 1900
  • Assessor Parcel Number 7202030033

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Wrigley Area Subdivision

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $2,100
  • Insurance Expense $1,500
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $6,000
  • Gross Income $50,400
  • Net Operating Income $50,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7202030033
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Price Per Square Foot: 375.39
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: In Garage, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Sprinklers In Front
  • Lot Size Sq Ft: 7222.00
  • Lot Size Acres: 0.1658

Multi Family

  • Electric Expense: 2100.00
  • Gross Income: 50400.00
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7222.0000 Square Feet
  • Net Operating Income: 50400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Number With Dishwasher: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 21600.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Actual Rent: 25800.00
  • Total Expenses: 6000.00

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 5730.03
  • Tax Lot: 13
  • Tax Tract Number: 1900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Sep 8, 2022
Sold by
Gatiglio Trust
Bought by
Chang Ivan
Seller's Agent
Michele Kreinheder
Compass
Buyer's Agent
Michele Kreinheder
Compass
List Price
$955,000
Sold Price
$955,000
Views
2
Current Estimated Value
$1,062,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,262
Avg. Annual Appreciation
3.33%
Original Mortgage
$716,250
Outstanding Balance
$685,905
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$376,357

Purchase Details

Closed on
Mar 3, 2007
Sold by
Gatiglio Julian A and Gatiglio Betty L
Bought by
Gatiglio Julian A and Gatiglio Betty L

Purchase Details

Closed on
Oct 6, 2006
Sold by
Gatiglio Betty Lou and The Mamie Gatiglio Separate Pr
Bought by
Gatiglio Julian Anthony and Gatiglio Mark Anthony

Purchase Details

Closed on
Oct 6, 1999
Sold by
Gatiglio Mamie
Bought by
Proper Gatiglio Mamie and Proper Mamie Gatiglio Separate
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
Chang Ivan $955,000 Lawyers Title
Gatiglio Julian A -- None Available
Gatiglio Julian Anthony -- None Available
Proper Gatiglio Mamie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Ivan $716,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2022 10/05/22 Sold $955,000 0.0% $375 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $955,000 0.0% $375 / Sq Ft
08/11/2022 08/11/22 Off Market $955,000 -- --
07/29/2022 07/29/22 Price Changed $935,000 -11.0% $368 / Sq Ft
07/14/2022 07/14/22 Price Changed $1,050,000 -12.5% $413 / Sq Ft
06/27/2022 06/27/22 For Sale $1,200,000 -- $472 / 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 $12,815 $993,582 $681,462 $312,120
2024 $12,815 $974,100 $668,100 $306,000
2023 $12,601 $955,000 $655,000 $300,000
2022 $4,959 $365,266 $218,954 $146,312
2021 $4,846 $358,105 $214,661 $143,444
2020 $4,832 $354,434 $212,460 $141,974
2019 $4,775 $347,486 $208,295 $139,191
2018 $4,605 $340,673 $204,211 $136,462
2016 $4,183 $327,446 $196,282 $131,164
2015 $4,022 $322,528 $193,334 $129,194
2014 $4,007 $316,211 $189,547 $126,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22137889

California Regional Multiple Listing Service (CRMLS)

APN: 7202-030-033