NOT LISTED FOR SALE

Estimated Value: $442,807 - $561,000

5 Beds
3 Baths
2,141 Sq Ft
$234/Sq Ft Est. Value

Last Sold December 19, 2012

Last sale price $147,000 $69 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $2,822/month

13 Days on Market

Highlights

  • Lawn
  • Landscaped
  • Wall Furnace
  • No HOA

About This Home

As of December 2012

Opportunity is Knocking With This Money Maker

Features 2 separate dwellings on one lot, each with separate gas/electric meters. Property has a good sized lot, there is plenty of yard space for each unit. Unit B has an attached 2 carport and there is plenty of room for parking. Each unit has new tile floor and a fresh coat of paint. Unit A is a 4 bedroom 2 bathroom and has an open kitchen, dining room, open living room. Unit B is 1 bedroom and 1 bath with a loft that is used as a second bedroom and has a kitchen with dining area. Take advantage of this rare opportunity to live in one unit and rent out the other.

Last Agent to Sell the Property

Tony Estrada

JOHN RUIZ, BROKER License #01303279 Listed on: 10/15/2012

Last Buyer's Agent

SALVADOR RAMOS

VANGUARD REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,384

Year Built

  • Built in 1913

Lot Details

  • 6,300 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Lawn
  • Back and Front Yard

Home Design

  • 2,141 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • 2 Carport Spaces

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 8
  • Tax Tract Number 56
  • Assessor Parcel Number 0140112240000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $850
  • Trash Expense $360
  • Water Sewer Expense $960
  • New Taxes Expense $1,812
  • Gross Income $1,750
  • Net Operating Income $19,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,384

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Other Phone Description: Agent
  • Other Phone Number: 909 229-6820
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 960.00
  • Property Type: Residential Income
  • Parcel Number: 0140112240000
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 68.66

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard, Front Yard, Lawn, Landscaped
  • Lot Size Sq Ft: 6300.00
  • Lot Size Acres: 0.1450

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 1750.00
  • Gross Scheduled Income: 21000.00
  • Insurance Expense: 850.00
  • Lot Size Area: 6300.0000 Square Feet
  • Net Operating Income: 19680.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 1320.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1812.00
  • Tax Lot: 8
  • Tax Tract Number: 56.00
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2012
Closed on
Dec 6, 2012
Sold by
Nijjar Paramjit S and Nijjar Harjinder K
Bought by
Galvan Jose and Ruiz Angie
Seller's Agent
Tony Estrada
JOHN RUIZ, BROKER
Buyer's Agent
SALVADOR RAMOS
VANGUARD REAL ESTATE
List Price
$145,000
Sold Price
$147,000
Premium/Discount to List
$2,000
1.38%
Current Estimated Value
$500,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,202
Avg. Annual Appreciation
9.99%
Original Mortgage
$110,250
Outstanding Balance
$76,313
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$423,889

Purchase Details

Listed on
Oct 15, 2012
Closed on
Nov 10, 2012
Sold by
Nijjar Paramjit and Nijjar Jarjinder
Bought by
Nijjar Paramjit S and Nijjar Harjinder K
Seller's Agent
Tony Estrada
JOHN RUIZ, BROKER
Buyer's Agent
SALVADOR RAMOS
VANGUARD REAL ESTATE
List Price
$145,000
Sold Price
$147,000
Premium/Discount to List
$2,000
1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Outstanding Balance
$76,313
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$423,889

Purchase Details

Closed on
Jan 6, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Nijjar Paramjit and Nijjar Jarjinder

Purchase Details

Closed on
Oct 13, 2009
Sold by
Brown Kevin J
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jun 14, 2005
Sold by
Brown Danielle B
Bought by
Brown Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,250
Interest Rate
5.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 17, 2005
Sold by
Me 2 Holding Llc
Bought by
Brown Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,250
Interest Rate
5.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 22, 2005
Sold by
Phelps Anthony and Phelps Ruby
Bought by
Me 2 Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,250
Interest Rate
5.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 11, 2002
Sold by
Hud
Bought by
Phelps Anthony and Phelps Ruby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
7.15%

Purchase Details

Closed on
Jul 13, 2001
Sold by
Wells Fargo Home Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Jun 28, 2001
Sold by
Guareca Emigdio and Garcia Blanca
Bought by
Wells Fargo Home Mtg Inc and Norwest Mtg Inc

Purchase Details

Closed on
Jan 18, 1995
Sold by
Alvarez & Associates
Bought by
Guareca Emigdio and Garcia Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,738
Interest Rate
8.77%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 1994
Sold by
Hud
Bought by
Labastida Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
8.86%

Purchase Details

Closed on
Oct 19, 1994
Sold by
Labastida Elena
Bought by
Labastida Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
8.86%

Purchase Details

Closed on
Jan 25, 1994
Sold by
Barclaysamerican/Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Nov 30, 1993
Sold by
Professional Foreclosure Corp
Bought by
Barclaysamerican/Mtg Corp
Source: Public Records

Range of Values:

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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
Galvan Jose $147,000 Ticor Title Company
Nijjar Paramjit S -- Orange Coast Title Company
Nijjar Paramjit $76,000 Lps Default Title & Closing
Hsbc Bank Usa National Association $315,227 None Available
Brown Kevin J -- Commonwealth Title
Brown Kevin J $335,000 Commonwealth Title
Me 2 Holding Llc -- --
Phelps Anthony $113,000 Landsafe Title
Hud -- First American Title Ins Co
Wells Fargo Home Mtg Inc $107,534 First American Title Ins Co
Guareca Emigdio $110,000 Gateway Title Company
Alvarez & Associates -- Gateway Title Company
Labastida Victor $32,000 Fidelity National Title Ins
Labastida Victor -- Fidelity National Title Ins
Hud -- First Southwestern Title Co
Barclaysamerican/Mtg Corp $112,929 First Southwestern Title Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galvan Jose $110,250
Previous Owner Brown Kevin J $50,250
Previous Owner Brown Kevin J $268,000
Previous Owner Phelps Anthony $67,000
Previous Owner Guareca Emigdio $101,738
Previous Owner Labastida Victor $34,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2012 12/19/12 Sold $147,000 +1.4% $69 / Sq Ft
10/28/2012 10/28/12 Pending -- -- --
10/15/2012 10/15/12 For Sale $145,000 -- $68 / 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 $2,384 $181,023 $40,638 $140,385
2024 $2,384 $177,473 $39,841 $137,632
2023 $2,325 $173,993 $39,060 $134,933
2022 $2,327 $170,581 $38,294 $132,287
2021 $2,329 $167,236 $37,543 $129,693
2020 $2,333 $165,521 $37,158 $128,363
2019 $2,266 $162,275 $36,429 $125,846
2018 $2,241 $159,093 $35,715 $123,378
2017 $2,172 $155,974 $35,015 $120,959
2016 $2,107 $152,915 $34,328 $118,587
2015 $1,995 $150,618 $33,812 $116,806
2014 $1,940 $147,668 $33,150 $114,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV12128742

California Regional Multiple Listing Service (CRMLS)

APN: 0140-112-24