NOT LISTED FOR SALE

Estimated Value: $1,785,000 - $2,484,297

6 Beds
5 Baths
2,344 Sq Ft
$950/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $1,545,000 $659 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $14,241/month

Highlights

  • Laundry Room
  • Lincoln Elementary School Rated A+
  • 3-minute walk to Anderson Park

About This Home

As of August 2018

Property closed off market, entered on MLS solely for comp purposes.

Last Agent to Sell the Property

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. License #02035763 Listed on: 08/15/2018

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Morgan Demasco

Lyon Stahl Investment Real Estate, Inc. License #02026375

Last Buyer's Agent

Morgan Demasco

Lyon Stahl Investment Real Estate, Inc. License #02026375

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,922

Year Built

  • Built in 1948

Lot Details

  • 7,499

Parking

  • 2 Car Garage

Home Design

  • 2,344 Sq Ft Home
  • Property Attached

Additional Features

  • Laundry Room
  • 7,499 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 6205
  • Assessor Parcel Number 4150019016

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $23,271
  • Gross Income $41,940
  • Net Operating Income $17,411

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,922

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: RBR-2
  • Property Type: Residential Income
  • Parcel Number: 4150019016
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 659.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7499.00

Multi Family

  • Gross Income: 41940.00
  • Gross Scheduled Income: 41940.00
  • Net Operating Income: 17411.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 23271.00
  • Rent Control: No
  • Total Expenses: 23271.00
  • Vacancy Allowance: 1258

Tax Info

  • Tax Census Tract: 6205.01
  • Tax Lot: 17
  • Tax Tract Number: 6205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2018
Sold by
Wise Margaret S
Bought by
Hartwell Krista
Total Days on Market
0
Current Estimated Value
$2,226,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,158,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2006
Sold by
Leonard Jim and Leonard Anne Marie
Bought by
Wise Margaret S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2005
Sold by
Leonard Jim and Leonard Anne Marie
Bought by
Leonard Jim and Leonard Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 14, 2003
Sold by
Frohoff Brent D and Frohoff Tiffany
Bought by
Leonard Jim and Moiso Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2002
Sold by
Frohoff Brent D and Frohoff Tiffany
Bought by
Frohoff Brent D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 14, 2001
Sold by
Raspe Steven F and Raspe James D
Bought by
Frohoff Brent D and Frohoff Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,950
Interest Rate
7.11%
Source: Public Records

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Range of Values:

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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
Hartwell Krista $1,545,000 Equity Title Los Angeles
Wise Margaret S $1,175,000 Lawyers Title Company
Leonard Jim -- Ticor Title Co Of California
Leonard Jim $670,000 Lawyers Title
Frohoff Brent D -- First American Title Ins Co
Frohoff Brent D $440,000 Lawyers Title Company
Raspe Steven F -- Lawyers Title Company
Raspe Steven F -- Lawyers Title Company
Raspe James D -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartwell Krista $1,143,230
Closed Hartwell Krista $1,158,750
Previous Owner Wise Margaret S $940,000
Previous Owner Leonard Jim $180,000
Previous Owner Leonard Jim $102,000
Previous Owner Leonard Jim $544,000
Previous Owner Frohoff Brent D $35,000
Previous Owner Frohoff Brent D $351,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2018 08/15/18 Sold $1,545,000 0.0% $659 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $1,545,000 -- $659 / 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
2024 $20,922 $1,764,209 $1,066,303 $697,906
2023 $20,538 $1,729,618 $1,045,396 $684,222
2022 $20,177 $1,648,037 $1,024,899 $623,138
2021 $19,122 $1,615,723 $1,004,803 $610,920
2020 $19,100 $1,622,400 $994,500 $627,900
2019 $18,402 $1,545,000 $975,000 $570,000
2018 $13,948 $1,160,000 $1,086,000 $74,000
2016 $14,003 $1,160,000 $1,086,000 $74,000
2015 $12,610 $1,040,000 $951,200 $88,800
2014 $11,043 $896,000 $819,500 $76,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18198334

California Regional Multiple Listing Service (CRMLS)

APN: 4150-019-016