NOT LISTED FOR SALE

2217 Barbour Ct San Pedro, CA 90731

Estimated Value: $1,295,000 - $1,354,000

8 Beds
4 Baths
3,068 Sq Ft
$430/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $1,180,000 $385 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,296/month

36 Days on Market

Highlights

  • Ground Level Unit
  • Bungalow
  • 6 Car Garage
  • Laundry Room

About This Home

As of September 2021

Excellent investment opportunity to purchase this fourplex (Detached house + Triplex)within walking distance to the ocean. Great location: two blocks from Marina on a quiet cul-de-sac in the coastal town of San Pedro, close to shops and restaurants. This well kept property would be great for an owner user to occupy the front house (3 bedrooms + 1 bath) or as an investor, rent it at market rate (The house is being kept vacant, keeping it flexible for the buyer). The front house has been updated and has laminated flooring throughout, recessed lighting, updated bathroom and kitchen. Triplex is situated behind the front house and units are accessed from the alley or front driveway. Triplex is comprised of 2 (2+1) units and 1 (1+1) unit. Other than 3 single car garages in the back, there is room to park cars in the drive way (both front and back). Front lawn has sprinklers system. San Pedro is close to all South Bay job market, a rapidly appreciating market and at the start of massive redevelopment boom such as revitalization of San Pedro water front, which includes a 6200 seat amphitheater, restaurants, shops and breweries.

Last Agent to Sell the Property

Shari Varnoos

Exclusive Realty Inc License #00930669 Listed on: 07/01/2021

Exclusive Realty Inc

Last Buyer's Agent

Vincent Chin

Circle Real Estate License #02151148

Circle Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,166

Year Built

  • Built in 1953

Lot Details

  • 5,300 Sq Ft Lot
  • Property is zoned LARD1.5

Home Design

  • Bungalow
  • Split Level Home

Interior Spaces

  • 3,068 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 6 Car Garage
  • Driveway

Location

  • Ground Level Unit

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 7465-003-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,166

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: Ground Level, Multi/Split
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 3068
  • Lot Acreage: 0.1217
  • Probate: No
  • Stories: 2
  • Year Built: 1953
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Mixed
  • Bedrooms: 8
  • Common Walls: Detached/No Common Walls
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Equipment: Gas Dryer Hookup
  • Price Per S Q F T: 407.43

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Driveway, Garage
  • Total Parking: 6

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 34.48
  • Assessed Improvement Value: 312120
  • Assessed Land Percent: 65.52
  • Assessed Land Value: 593028
  • Total Assessed Value: 905148
  • Assessor Parcel Number: 7465-003-012
  • Lot Size Area: 5300

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.39
  • Number Of Units: 4
  • Total Annual Expense: 19260
  • Type Of Units: SFR&Triplex
  • Vacancy Rate: 3%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 11, 2021
Sold by
Samadi Farshad and Yahoudai Yosef
Bought by
Ny Richard and Kor Limey
Seller's Agent
Shari Varnoos
Exclusive Realty Inc
Buyer's Agent
Vincent Chin
Circle Real Estate
List Price
$1,250,000
Sold Price
$1,180,000
Premium/Discount to List
-$70,000
-5.6%
Current Estimated Value
$1,319,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,789
Avg. Annual Appreciation
2.77%
Original Mortgage
$680,000
Outstanding Balance
$619,191
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$696,818

Purchase Details

Listed on
Jan 31, 2018
Closed on
Apr 12, 2018
Sold by
Sabetfard Frances
Bought by
Yahoudai Yosef
Seller's Agent
Michael Talbot
Estate Properties
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$835,000
Sold Price
$870,000
Premium/Discount to List
$35,000
4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$565,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2018
Sold by
Velasquez Jesus Omar
Bought by
Samadi Farshad and Yahoudai Yosef

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2002
Sold by
Penate Maydu
Bought by
Velasquez Jesus Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2002
Sold by
Vulin Roko
Bought by
Velasquez Jesus Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 1998
Sold by
Pierson Dean C and Pierson Kay E
Bought by
Vulin Roko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.5%

Purchase Details

Closed on
Feb 10, 1994
Sold by
Pierson Dean Colsey and Pierson Kay Ellen
Bought by
Pierson Dean Colsey and Pierson Kay Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,750
Interest Rate
6.98%
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
Ny Richard $1,180,000 Chicago Title Co Com Div
Yahoudai Yosef -- Orange Coast Title Company
Samadi Farshad -- Orange Coast Title Company
Samadi Farshad $870,000 Orange Coast Title Company
Velasquez Jesus Omar -- First American Title Co
Velasquez Jesus Omar $400,000 First American Title Co
Vulin Roko $200,000 Provident Title Company
Pierson Dean Colsey -- Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ny Richard $680,000
Previous Owner Samadi Farshad $552,000
Previous Owner Samadi Farshad $565,500
Previous Owner Velasquez Jesus Omar $473,000
Previous Owner Velasquez Jesus Omar $323,000
Previous Owner Vulin Roko $100,000
Previous Owner Vulin Roko $140,000
Previous Owner Pierson Dean Colsey $178,750
Closed Vulin Roko $30,000
Closed Velasquez Jesus Omar $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $1,180,000 -5.6% $385 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $1,250,000 0.0% $407 / Sq Ft
07/16/2018 07/16/18 Rented $2,375 0.0% --
07/16/2018 07/16/18 Under Contract -- -- --
06/25/2018 06/25/18 Price Changed $2,375 -5.0% $2 / Sq Ft
06/17/2018 06/17/18 For Rent $2,500 0.0% --
04/20/2018 04/20/18 Sold $870,000 +4.2% $284 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $835,000 -- $272 / 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 $15,166 $1,252,224 $732,233 $519,991
2024 $15,166 $1,227,672 $717,876 $509,796
2023 $14,874 $1,203,600 $703,800 $499,800
2022 $14,184 $1,180,000 $690,000 $490,000
2021 $11,155 $914,524 $599,171 $315,353
2020 $11,266 $905,348 $593,028 $312,320
2019 $10,823 $887,600 $581,400 $306,200
2018 $6,544 $519,526 $368,725 $150,801
2016 $6,232 $499,162 $354,408 $144,754
2015 $6,143 $491,665 $349,085 $142,580
2014 $6,187 $482,035 $342,247 $139,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-756052

The MLS

APN: 7465-003-012