NOT LISTED FOR SALE

Estimated Value: $549,000 - $736,161

4 Beds
2 Baths
1,240 Sq Ft
$503/Sq Ft Est. Value

Last Sold July 24, 2014

Last sale price $265,000 $214 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $3,604/month

13 Days on Market

About This Home

As of July 2014

2 very nice units with very good tenants. 2 bedroom 1 bath each with lots and lots of parking. This is a great investment property if you're looking for tax shelter and income property. Seller has made lots and lots of upgrades and units look excellent.

Last Agent to Sell the Property

Rogelio Flores

Berkshire Hathaway Home Srvs License #01300127 Listed on: 05/27/2014

Berkshire Hathaway Home Srvs

Last Buyer's Agent

Rogelio Flores

Berkshire Hathaway Home Srvs License #01300127 Listed on: 05/27/2014

Berkshire Hathaway Home Srvs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,029

Year Built

  • Built in 1958

Lot Details

  • 6,288 Sq Ft Lot
  • No Common Walls
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Parking

  • 6 Parking Spaces

Home Design

  • 1,240 Sq Ft Home
  • Slab Foundation
  • Composition Roof

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 5128005032

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $1,290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,029

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5128005032
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Price Per Square Foot: 213.71

Exterior Features

  • Foundation: Slab
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6288.00
  • Lot Size Acres: 0.1440

Multi Family

  • Gross Income: 1290.00
  • Gross Scheduled Income: 645.00
  • Lot Size Area: 6288.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 44
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2014
Closed on
Jun 20, 2014
Sold by
Vissio George
Bought by
Rodriguez Robert and Rodriguez Patricia
Seller's Agent
Rogelio Flores
Berkshire Hathaway Home Srvs
Buyer's Agent
Rogelio Flores
Berkshire Hathaway Home Srvs
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Current Estimated Value
$624,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,290
Avg. Annual Appreciation
7.90%
Original Mortgage
$185,500
Outstanding Balance
$140,883
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$483,407

Purchase Details

Closed on
Apr 28, 2003
Sold by
Vissio George
Bought by
Vissio George and The George Vissio Jr Trust
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
Rodriguez Robert $265,000 Orange Coast Title Company
Vissio George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Robert $185,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2014 07/24/14 Sold $265,000 -3.6% $214 / Sq Ft
06/09/2014 06/09/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $275,000 -- $222 / 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 $4,029 $318,480 $228,347 $90,133
2024 $4,029 $312,236 $223,870 $88,366
2023 $3,955 $306,115 $219,481 $86,634
2022 $3,776 $300,114 $215,178 $84,936
2021 $3,726 $294,230 $210,959 $83,271
2019 $3,618 $285,504 $204,702 $80,802
2018 $3,567 $279,907 $200,689 $79,218
2016 $3,404 $269,040 $192,897 $76,143
2015 $3,356 $265,000 $190,000 $75,000
2014 $672 $37,645 $16,750 $20,895
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14109584

California Regional Multiple Listing Service (CRMLS)

APN: 5128-005-032