NOT LISTED FOR SALE

Estimated Value: $499,000 - $586,722

4 Beds
3 Baths
1,834 Sq Ft
$295/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $386,000 $210 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,450/month

126 Days on Market

Highlights

  • Wood Burning Stove
  • Views
  • Home Security System
  • Private Lot
  • Security Gate
  • 5-minute walk to Ventura Park

About This Home

As of December 2017

INCOME POTENTIAL - MOVE IN READY - CITY ACREAGE -Large .37 acre estate with NEWLY BUILT 614 sq. ft. ADU. This 3 bedroom, 2 full bath home is your chance for privacy within the city, while enjoying potential income with new ADU. New roof and gutters installed in 2016.on main home. Fenced & gated for privacy. Adjacent developable .4 acre lot is also for sale ($250,000) . See RMLS #17314729. REDUCED TO SELL BOTH LOTS AS A PACKAGE.

Last Agent to Sell the Property

Norman Rice

First Class Properties License #200001117 Listed on: 07/05/2017

Last Buyer's Agent

Patti Shmilenko

Premiere Property Group, LLC License #6549

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,078

Year Built

  • Built in 1950

Lot Details

  • Gated Home
  • Private Lot
  • Level Lot

Home Design

  • Wood Composite

Interior Spaces

  • Wood Burning Stove
  • Storage In Attic
  • Washer and Dryer
  • Property Views

Kitchen

  • Range
  • Dishwasher

Home Security

  • Home Security System
  • Security Gate

Parking

  • Garage
  • Carport

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes electricity, heat, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,078

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1834
  • Year Built: 1950
  • Property Condition: Approximately
  • Remarks Public: INCOME POTENTIAL - MOVE IN READY - CITY ACREAGE -Large .37 acre estate with NEWLY BUILT 614 sq. ft. ADU. This 3 bedroom, 2 full bath home is your chance for privacy within the city, while enjoying potential income with new ADU. New roof and gutters installed in 2016.on main home. Fenced & gated for privacy. Adjacent developable .4 acre lot is also for sale ($250,000) . See RMLS #17314729. REDUCED TO SELL BOTH LOTS AS A PACKAGE.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SECTION 34 1N 2E, TL 5600 0.37 ACRES
  • Basement: None
  • Storage: Attic

Exterior Features

  • Exterior Description: Wood Composite
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Description: Carport, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Window Unit(s)
  • Heating Description: Forced Air
  • Security: Security Gate, Security System

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer, Wood Stove

Schools

  • Elementary School: Ventura Park
  • High School: David Douglas

Lot Info

  • Lot Description: Level, Private, Gated
  • Zoning: R5

Rental Info

  • Rent Includes: Electricity, Heat, Sewer, Water

Tax Info

  • Tax Amount: 4320.90
  • Assessor Parcel Number: R319922

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Ventura Park
  • High School: David Douglas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2017
Closed on
Dec 11, 2017
Sold by
Bowen Brian
Bought by
Reitan Peter K and Reitan Lulu
Seller's Agent
Norman Rice
First Class Properties
Buyer's Agent
Patti Shmilenko
Premiere Property Group, LLC
List Price
$489,000
Sold Price
$386,000
Premium/Discount to List
-$103,000
-21.06%
Current Estimated Value
$540,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,181
Avg. Annual Appreciation
4.46%
Original Mortgage
$347,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2005
Sold by
Mckay Dennis J
Bought by
Bowen Donald Densham and Bowen Harvalene Mcrorey

Purchase Details

Closed on
Oct 8, 1996
Sold by
Russell Terry Lynn and Russell Mckay Terry L
Bought by
Mckay Dennis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 1996
Sold by
Mckay Terry Lynn
Bought by
Mckay Dennis James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 1995
Sold by
Russell Mckay Terry L
Bought by
Mckay Dennis James
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
Reitan Peter K $386,500 Lawyers Title
Bowen Donald Densham $225,000 Lawyers Title Ins
Mckay Dennis J $35,000 Transnation Title Insurance
Mckay Dennis James -- --
Mckay Dennis James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Peter K Rei $334,225
Closed Reitan Peter K $347,500
Previous Owner Bowen Donald Densham $240,000
Previous Owner Bowen Doanld Densham $198,500
Previous Owner Bowen Donald Densham $170,000
Previous Owner Owen Donald D $75,000
Previous Owner Bowen Donald D $64,000
Previous Owner Bowen Donald Densham $75,000
Previous Owner Mckay Dennis J $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2017 12/14/17 Sold $386,000 0.0% $210 / Sq Ft
12/14/2017 12/14/17 Sold $386,000 -21.1% $210 / Sq Ft
11/08/2017 11/08/17 Pending -- -- --
11/08/2017 11/08/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $489,000 -2.0% $267 / Sq Ft
03/10/2017 03/10/17 For Sale $499,000 -- $272 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $6,078 $254,780 -- --
2023 $5,814 $247,360 $0 $0
2022 $5,511 $240,160 $0 $0
2021 $5,421 $233,170 $0 $0
2020 $4,911 $226,380 $0 $0
2019 $4,754 $219,790 $0 $0
2018 $4,608 $213,390 $0 $0
2017 $4,438 $207,180 $0 $0
2016 $4,321 $201,150 $0 $0
2015 $4,730 $219,030 $0 $0
2014 $3,606 $165,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17223452

Regional Multiple Listing Service (RMLS)

APN: R319922