NOT LISTED FOR SALE

Estimated Value: $668,000 - $766,000

1 Bed
1 Bath
1,461 Sq Ft
$490/Sq Ft Est. Value

Last Sold October 25, 2016

Last sale price $420,000 $287 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,432/month

Highlights

  • Corner Lot
  • Fireplace
  • Tile Flooring
  • Alvarado Elementary Rated 9+
  • Laundry Room
  • 3-minute walk to Jenni Rivera Memorial Park

About This Home

As of October 2016

Nice duplex, 1 bedroom and 1 bath each, 1 car garage for one unit and parking space for the second unit, front beautiful garden, close to schools, shopping center and freeways.

Last Agent to Sell the Property

David Gochez

Realty Connection Group License #01098755 Listed on: 09/24/2016

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,398

Year Built

  • Built in 1928

Lot Details

  • 4,429 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,461 Sq Ft Home
  • Fireplace

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 7210
  • Assessor Parcel Number 7210039001

Community Details

Overview

  • 2,034 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $720
  • Insurance Expense $800
  • Trash Expense $260
  • Water Sewer Expense $840
  • New Taxes Expense $5,250
  • Gross Income $10,800
  • Net Operating Income $7,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,398

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 840.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7210039001
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Price Per Square Foot: 287.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 260.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Walkstreet
  • Lot Size Sq Ft: 4429.00

Multi Family

  • Electric Expense: 720.00
  • Gross Income: 10800.00
  • Gross Scheduled Income: 10800.00
  • Insurance Expense: 800.00
  • Net Operating Income: 7000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2034
  • Operating Expense: 7870.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5250.00
  • Tax Census Tract: 5733.00
  • Tax Lot: 39
  • Tax Tract Number: 7210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2016
Closed on
Sep 20, 2016
Sold by
Merida Maria Magdalena
Bought by
Leon Manuel Antonio and Leon Maria Elena
Seller's Agent
David Gochez
Realty Connection Group
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$420,000
Sold Price
$420,000
Current Estimated Value
$715,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,664
Avg. Annual Appreciation
6.23%
Original Mortgage
$412,392
Outstanding Balance
$335,694
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$380,192

Purchase Details

Closed on
Jul 25, 2003
Sold by
Munoz Gloria J
Bought by
Merida Maria Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2003
Sold by
Williams Mirna Violeta
Bought by
Merida Maria Magdalena and Munoz Gloria J

Purchase Details

Closed on
Jul 7, 1998
Sold by
Guzman Catarino
Bought by
Merida Maria Magdalena and Williams Mirna Violeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,338
Interest Rate
6.91%
Mortgage Type
FHA
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
Leon Manuel Antonio $420,000 Fidelity National Title Co
Merida Maria Magdalena -- Stewart Title Of Ca Inc
Merida Maria Magdalena -- --
Merida Maria Magdalena $116,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leon Manuel Antonio $412,392
Previous Owner Merida Maria Magdalena $55,000
Previous Owner Merida Maria Magdalena $260,000
Previous Owner Merida Maria Magdalena $175,000
Previous Owner Merida Maria Magdalena $115,338
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2016 10/25/16 Sold $420,000 0.0% $287 / Sq Ft
09/24/2016 09/24/16 Pending -- -- --
09/24/2016 09/24/16 For Sale $420,000 -- $287 / 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 $6,398 $487,441 $290,145 $197,296
2024 $6,398 $477,884 $284,456 $193,428
2023 $6,290 $468,515 $278,879 $189,636
2022 $5,910 $459,329 $273,411 $185,918
2021 $5,790 $450,323 $268,050 $182,273
2019 $5,708 $436,968 $260,100 $176,868
2018 $5,499 $428,400 $255,000 $173,400
2016 $1,993 $153,606 $119,182 $34,424
2015 $1,917 $151,299 $117,392 $33,907
2014 $1,914 $148,336 $115,093 $33,243
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16711926

California Regional Multiple Listing Service (CRMLS)

APN: 7210-039-001