NOT LISTED FOR SALE

2003 S 2nd St Alhambra, CA 91803

Estimated Value: $1,274,000 - $1,459,000

7 Beds
5 Baths
3,455 Sq Ft
$387/Sq Ft Est. Value

Sale Details

Date Sold: July 17, 2012

Last sale price $465,000 $135 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $7,729 / mo

202 Days on Market

Highlights

  • Craftsman Architecture
  • Ramona Elementary School Rated A-
  • 4 Car Detached Garage

About This Home

As of July 2012

ALHAMBRA TRIPLEX,PUBLIC RECORD SHOW 4 BDRMS, 3 BATHS, EACH UNIT HAVE 1 OR 2 BONUS ROOM NO CLOSET,BUYER TO VERIFY WITH CITY BLDG & SAFETY DEPT IF PERMITTED, GREAT LOCATION, PROPERTY QUALIFY FOR FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 1/12/12, DAY 1-15 SELLER WILL ONLY REVIEW OFFERS FROM OWNER OCCUPIED BUYER, NSP OR NON-PROFIT, SUBMIT ONLY 10 PGS C.A.R. CONTRACT WITH CORRECT VESTING, SELLER WILL ONLY SIGN THEIR DISCLOSES (DO NOT SEND ANY DISCLOSES) COPY OF EM DEPOSIT, DU/LENDER APPROVAL LETTER, BUYER AGENT TO COMPLETE TDS & AVID, GO DIRECT, SUPRA LOCK BOX, NO REGULAR FHA OFFER, SEE PRIVATE REMARKS FOR SELLER INCENTIVES & INSTRUCTION ON SUBMITTING OFFERS

Last Agent to Sell the Property

Wiley Sturns

First Security Investment Co. License #00451370 Listed on: 12/27/2011

Co-Listed By

Evelyn Reeves

First Security Investment Co. License #00260622

Last Buyer's Agent

Shawn Chang

License #01140175

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 11,539 Sq Ft Lot

Parking

  • 4 Car Detached Garage

Home Design

  • 3,455 Sq Ft Home
  • Triplex
  • Craftsman Architecture
  • Composition Roof

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • The owner pays for gardener
  • Assessor Parcel Number 5255-001-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3455
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Price Per S Q F T: 166.43

Exterior Features

  • Pool: No
  • Roof: Composition

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Detached
  • Total Parking: 4

Utilities

  • Heating: Wall
  • Sewer: In Street
  • Water Expense: 600.00

Fee Information

  • Insurance Expense: 2000.00
  • Trash Expense: 600.00

Lot Info

  • Assessed Improvement Value: 114717
  • Assessed Land Value: 183546
  • Assessor Parcel Number: 5255-001-022
  • Lot Size Area: 11539

Rental Info

  • Owner Pays: Gardener
  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 11.76
  • Number Of Units: 3
  • Rent Control: 0
  • Type Of Units: TRIPLEX

Tax Info

  • Tax Expense: 4237.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2022
Sold by
Cai Victoria
Bought by
Victoria Cai Trust
Current Estimated Value
$1,337,333

Purchase Details

Listed on
Dec 27, 2011
Closed on
Aug 23, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cai Victoria and Cai Dening
Seller's Agent
Wiley Sturns
First Security Investment Co.
Buyer's Agent
Shawn Chang
List Price
$599,900
Sold Price
$465,000
Premium/Discount to List
-$134,900
-22.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%

Purchase Details

Listed on
Dec 27, 2011
Closed on
Jun 28, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cai Victoria and Cai Denning
Seller's Agent
Wiley Sturns
First Security Investment Co.
Buyer's Agent
Shawn Chang
List Price
$599,900
Sold Price
$465,000
Premium/Discount to List
-$134,900
-22.49%

Purchase Details

Closed on
Sep 15, 2011
Sold by
Kim Sun Nam
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 14, 2002
Sold by
Kim Sae Yong
Bought by
Kim Sun Nam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,600
Interest Rate
6.09%

Purchase Details

Closed on
Jul 18, 2001
Sold by
Ma Hung Qui
Bought by
Kim Sae Yong and Kim Sun Nam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
9.25%

Purchase Details

Closed on
Jul 29, 1999
Sold by
Lee Wai Y
Bought by
Ma Hung Qui and Lai Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,300
Interest Rate
7.63%
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
Victoria Cai Trust -- --
Dening Cai Trust -- --
Cai Victoria -- Lsi Title Company
Cai Victoria $465,000 Lsi Title Company
Federal Home Loan Mortgage Corporation $483,932 Accommodation
Kim Sun Nam -- Ticor Title
Kim Sae Yong $260,000 American Title Co
Ma Hung Qui $189,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Sun Nam $278,600
Previous Owner Kim Sae Yong $208,000
Previous Owner Ma Hung Qui $132,300
Closed Kim Sae Yong $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2012 07/17/12 Sold $465,000 -22.5% $135 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
12/27/2011 12/27/11 For Sale $599,900 -- $174 / Sq Ft
Source: The MLS

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 $7,579 $572,603 $307,852 $264,751
2024 $7,579 $561,376 $301,816 $259,560
2023 $7,575 $550,370 $295,899 $254,471
2022 $7,238 $539,580 $290,098 $249,482
2021 $7,152 $529,001 $284,410 $244,591
2020 $7,115 $523,578 $281,494 $242,084
2019 $6,917 $513,313 $275,975 $237,338
2018 $6,886 $503,249 $270,564 $232,685
2016 $6,339 $483,708 $260,058 $223,650
2015 $6,248 $476,443 $256,152 $220,291
2014 $6,187 $467,111 $251,135 $215,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-572521

The MLS

APN: 5255-001-022

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