NOT LISTED FOR SALE

Estimated Value: $730,000 - $897,000

2 Beds
2 Baths
1,188 Sq Ft
$664/Sq Ft Est. Value

Last Sold March 15, 2012

Last sale price $239,500 $202 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $4,618/month

134 Days on Market

Highlights

  • Spanish Architecture
  • Remodeled Bathroom
  • Turnkey

About This Home

As of March 2012

Beautifully remodeled, affordable luxury duplex on corner of Arlington and 37th Place, ready to move in. This property features two bright one bedroom, one bath units each with a living room, kitchen, and dining room. Brand new kitchens with custom made cabinets, recessed lights, granite counter-tops, and all new stainless steel appliances. Sparkling bathrooms with new tile on floor and walls and all new fittings. Beautiful new flooring throughout. Gorgeous new interior and exterior paint. New landscaping and sprinklers. Separate electric meters. Can be sold furnished upon request. Great for owner occupier: live in one, the other pays your mortgage; or investor: each unit can rent for up to $1100 = 8.7% cap Close to transportation, new metro-rail, and shopping. VACANT.

Last Agent to Sell the Property

Deborah Fenner

Sperry Van Ness License #01387759 Listed on: 10/12/2011

Last Buyer's Agent

Deborah Fenner

Sperry Van Ness License #01387759 Listed on: 10/12/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,825

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 3,397

Home Design

  • 1,188 Sq Ft Home
  • Spanish Architecture
  • Turnkey

Kitchen

  • Oven or Range
  • Range with Range Hood
  • Microwave
  • Freezer
  • Disposal

Utilities

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

Additional Features

  • Remodeled Bathroom
  • 3,397 Sq Ft Lot

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5042-009-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,825

Year Built

Built in 1924 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1188
  • Price Per Unit: 119750.00
  • Property Condition: Updated/Remodeled
  • Year Built: 1924
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: Turnkey
  • Number Range: 2
  • Number Refrigerator: 2
  • Appliances: Gas, Microwave, Range, Range Hood
  • Bathroom Features: Remodeled
  • Kitchen Features: Counter Top
  • Equipment: Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 201.60

Exterior Features

  • Pool: No

Garage/Parking

  • Number Rented Garages: 0

Utilities

  • Water Heater: Central Water Heater
  • Heating: Wall
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Assessor Parcel Number: 5042-009-001
  • Lot Size Area: 3397

Rental Info

  • Number Leased: 0
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 9.00
  • Number Of Units: 2
  • Number Wall A C: 0
  • Rent Control: 100
  • Total Annual Expense: 4658
  • Type Of Units: (2) 1 beds
  • Vacancy Rate: $792

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2012
Sold by
Gebreab Alexander
Bought by
Gebreab Alexander B and Thomas Darrah A
Current Estimated Value
$788,938

Purchase Details

Listed on
Oct 12, 2011
Closed on
Feb 17, 2012
Sold by
Devonshire Homes Llc
Bought by
Gebreab Alexander
Seller's Agent
Deborah Fenner
Sperry Van Ness
Buyer's Agent
Deborah Fenner
Sperry Van Ness
List Price
$239,500
Sold Price
$239,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$233,428
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 12, 2011
Closed on
Feb 7, 2012
Sold by
Fenner Deborah
Bought by
Devonshire Homes Llc
Seller's Agent
Deborah Fenner
Sperry Van Ness
Buyer's Agent
Deborah Fenner
Sperry Van Ness
List Price
$239,500
Sold Price
$239,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,428
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2011
Sold by
Federal National Mortgage Association
Bought by
Fenner Deborah

Purchase Details

Closed on
Mar 29, 2010
Sold by
Gibson Lynn E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 21, 2001
Sold by
Gutierrez Samuel
Bought by
Gibson Lynn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
6.75%

Purchase Details

Closed on
Dec 30, 1998
Sold by
Hud
Bought by
Gutierrez Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,120
Interest Rate
3.35%

Purchase Details

Closed on
Nov 4, 1997
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Sep 10, 1997
Sold by
Norwest Mtg Inc
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Jul 27, 1994
Sold by
Bishop Rufus D
Bought by
Delu Abiola A and Aderibigbe Abimbola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,286
Interest Rate
8.61%
Mortgage Type
FHA
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
Gebreab Alexander B -- Accommodation
Gebreab Alexander $239,500 First American Title Ins Co
Devonshire Homes Llc -- None Available
Fenner Deborah $154,500 First American Title Ins Co
Fenner Deborah -- First American Title Ins Co
Federal National Mortgage Association $424,849 Landsafe Title
Gibson Lynn E $128,000 Stewart Title
Gutierrez Samuel $99,000 Provident Title
Hud -- Stewart Title
Norwest Mtg Inc -- --
Norwest Mtg Inc $127,427 Stewart Title
Delu Abiola A $116,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gebreab Alexander B $279,812
Closed Gebreab Alexander $233,428
Previous Owner Gibson Lynn E $395,000
Previous Owner Gibson Lynn E $262,500
Previous Owner Gibson Lynn E $92,000
Previous Owner Gibson Lynn E $140,000
Previous Owner Gibson Lynn E $115,200
Previous Owner Gutierrez Samuel $79,120
Previous Owner Delu Abiola A $115,286
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2012 03/15/12 Sold $239,500 0.0% $202 / Sq Ft
02/23/2012 02/23/12 Pending -- -- --
10/12/2011 10/12/11 For Sale $239,500 -- $202 / 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 $3,825 $300,811 $156,999 $143,812
2024 $3,825 $294,914 $153,921 $140,993
2023 $3,758 $289,132 $150,903 $138,229
2022 $3,594 $283,464 $147,945 $135,519
2021 $3,544 $277,907 $145,045 $132,862
2020 $3,577 $275,058 $143,558 $131,500
2019 $3,443 $269,666 $140,744 $128,922
2018 $3,404 $264,380 $137,985 $126,395
2016 $3,253 $254,116 $132,628 $121,488
2015 $3,208 $250,300 $130,636 $119,664
2014 $3,232 $245,398 $128,078 $117,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-560089

The MLS

APN: 5042-009-001