NOT LISTED FOR SALE

Estimated Value: $891,921 - $1,337,000

-- Bed
6 Baths
4,948 Sq Ft
$220/Sq Ft Est. Value

Last Sold September 11, 2014

Last sale price $475,000 $96 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $6,395/month

94 Days on Market

About This Home

As of September 2014

EXCELLENT INCOME PROPERTY, LARGE SQ FOOTAGE AND GOOD RENTS. PROPERTY WAS RECENTLY CONVERTED FROM COMMERCIAL USE TO RESIDENTIAL USE. CENTRALLY LOCATED. SELLER IS MOTIVATED.

Last Agent to Sell the Property

Roberto Ramirez

R & R Realty License #01008712 Listed on: 06/03/2014

Last Buyer's Agent

Jay Romero

License #01343079

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,439

Year Built

  • Built in 1908

Lot Details

  • 5,119 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,948 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling System Powered By Gas
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5042-034-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,439

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4948
  • Stories: 2
  • Year Built: 1908
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 104.89

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Attached, Covered Parking
  • Total Parking: 4

Utilities

  • Cooling: Gas, Wall Unit(s)
  • Electric Expense: 3112.00
  • Heating: Wall
  • Water Expense: 4749.00

Fee Information

  • Gas Expense: 1237.00
  • Insurance Expense: 472.00
  • Maintenance Expense: 2095.00

Lot Info

  • Assessed Improvement Value: 167413
  • Assessed Land Value: 236686
  • Assessor Parcel Number: 5042-034-015
  • Geocode Override: No
  • Lot Size Area: 5119

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 8.34
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 16368
  • Type Of Units: FOURPLEX
  • Vacancy Rate: 0.00

Tax Info

  • Tax Expense: 4432.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2014
Closed on
Aug 22, 2014
Sold by
Mercer Charles
Bought by
Laskar Elie
Seller's Agent
Roberto Ramirez
R & R Realty
Buyer's Agent
Jay Romero
List Price
$519,000
Sold Price
$475,000
Premium/Discount to List
-$44,000
-8.48%
Current Estimated Value
$1,089,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,230
Avg. Annual Appreciation
7.76%
Original Mortgage
$356,250
Outstanding Balance
$271,538
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$817,692

Purchase Details

Listed on
Jun 3, 2014
Closed on
Aug 21, 2014
Sold by
Laskar Samantha Lisa
Bought by
Laskar Elie
Seller's Agent
Roberto Ramirez
R & R Realty
Buyer's Agent
Jay Romero
List Price
$519,000
Sold Price
$475,000
Premium/Discount to List
-$44,000
-8.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Outstanding Balance
$271,538
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$817,692

Purchase Details

Closed on
Mar 23, 2004
Sold by
Westerbrook James D
Bought by
Mercer Charles
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Laskar Elie $475,000 Lawyers Title
Laskar Elie -- Lawyers Title
Mercer Charles $350,000 Fidelity Long Beach
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laskar Elie $356,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2014 09/11/14 Sold $475,000 -8.5% $96 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $519,000 -- $105 / Sq Ft
Source: The MLS

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 $7,439 $570,867 $399,009 $171,858
2024 $7,439 $559,675 $391,186 $168,489
2023 $7,309 $548,702 $383,516 $165,186
2022 $6,993 $537,945 $375,997 $161,948
2021 $6,881 $527,398 $368,625 $158,773
2019 $6,687 $511,757 $357,693 $154,064
2018 $6,572 $501,724 $350,680 $151,044
2016 $6,254 $482,243 $337,063 $145,180
2015 $6,168 $475,000 $332,000 $143,000
2014 $5,485 $405,933 $237,760 $168,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-766823

The MLS

APN: 5042-034-015