NOT LISTED FOR SALE

Estimated Value: $650,000 - $923,000

5 Beds
2 Baths
1,390 Sq Ft
$544/Sq Ft Est. Value

Sale Details

Date Sold: October 16, 2012

Last sale price $277,000 $199 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $4,585 / mo

Highlights

  • Wood Flooring
  • Granite Countertops
  • No HOA
  • Great Room
  • Lawn
  • 1 Car Direct Access Garage

About This Home

As of October 2012

2 HOMES/DUPLEX! Front home: 2 bed/1 bath | Rear unit: 3 bed/2 bath | NEW! NEW! NEW! copper plumbing, NEW! gas lines, NEW! electrical wiring and NEW! sub-service panel, NEW! interior walls with NEW insulation, NEWLY rebuilt garage, NEW! Lawns, NEWER! roofs (2yr & 5yr), NEWER! water heaters, NEW! wall heaters, IMPROVED! sewage lines, NEW! dual-paned windows, NEW! kitchen cabinets, NEW! appliances, NEW! Granite counter-tops, NEW! hardwood flooring, NEW! carpeting in bedrooms, NEW! Bathrooms, NEW! free-standing range-tops. This is just about the same as buying a NEW HOME! The property is eligible for FHA financing as low as 3.5% down! If you plan to make this your primary residence, our lender may be able to qualify you for credits towards the closing costs (if you use them for your financing). Act fast! Don't miss out! Rent one of the units and live in the other one for less than it costs to rent! Old Tax bill shows 3bdrm & 2bth, but 2 bedrooms & 1 bath have been added with legal building PERMITS! Parking for 8 cars. Each unit has its own separate entrance and driveway!

Last Agent to Sell the Property

Adam Aguilar

No Firm Affiliation License #01378502 Listed on: 08/16/2012

Last Buyer's Agent

Out Of Area Southland

SOUTHLAND

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,099 Sq Ft Lot
  • No Common Walls
  • Lawn

Parking

  • 1 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Auto Driveway Gate
  • Driveway
  • Uncovered Parking
  • Assigned Parking

Home Design

  • Turnkey
  • Fire Rated Drywall
  • Composition Roof
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 1,390 Sq Ft Home
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Great Room

Kitchen

  • Microwave
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Homes

  • Two Homes on a Lot

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Legal Lot and Block 163 / 10
  • Tax Tract Number 1889
  • Assessor Parcel Number 6022014012

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $850
  • Maintenance Expense $1,425
  • Professional Management Expense $1,800
  • Trash Expense $450
  • New Taxes Expense $3,856
  • Net Operating Income $20,748

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

5,099 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • CapRate: 7.66
  • Professional Management Expense: 1800.00
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: LAR1
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6022014012
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full, Granite Counters, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Tile, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 199.28
  • Room Type: Great Room
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Wood Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Assigned, Concrete, Driveway, Garage Faces Front, Direct Garage Access, Garage, Garage - Two Door, Uncovered
  • Total Parking Spaces: 13.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: ENERGY STAR Qualified Appliances, Gas Water Heater, Microwave
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Inside, Stackable, Washer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 450.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Lawn
  • Lot Size Sq Ft: 5099.00
  • Lot Size Acres: 0.1170

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Average2 Bed Area: 676
  • Average3 Bed Area: 716
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 850.00
  • Lot Size Area: 5099.0000 Square Feet
  • Maintenance Expense: 1425.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 20748.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Operating Expense: 8892.00
  • Operating Expense Percent: 30.00
  • Rent Control: Yes
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 3856.00
  • Tax Block: 10
  • Tax Lot: 163
  • Tax Tract Number: 1889

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2013
Sold by
Lopez Hector Raul
Bought by
Current Estimated Value
$764,526

Purchase Details

Listed on
Aug 16, 2012
Closed on
Sep 17, 2012
Sold by
Dfa Holdings Llc
Bought by
Dfa Ventures Iii Lp
Seller's Agent
Adam Aguilar
No Firm Affiliation
Buyer's Agent
Out Of Area Southland
SOUTHLAND
Sold Price
$277,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$207,750
Outstanding Balance
$139,149
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$616,423

Purchase Details

Listed on
May 4, 2012
Closed on
May 18, 2012
Sold by
Washington Winford D
Bought by
Dfa Holdings Llc
Seller's Agent
Manuel Agosto
CASA CENTRAL REALTY
Buyer's Agent
Adam Aguilar
No Firm Affiliation
List Price
$180,000
Sold Price
$182,000
Premium/Discount to List
$2,000
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
202.01%

Purchase Details

Closed on
Nov 11, 2009
Sold by
Washington Winford H and Washington Mollie B
Bought by
Washington Winford D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.83%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Florence, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Dfa Ventures Iii Lp -- Ticor Title Company
Lopez Hector $277,000 Ticor Title Company
Dfa Holdings Llc $182,000 Ticor Title Company Of Ca
Washington Winford D -- Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $207,750
Previous Owner Washington Winford D $80,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2012 10/16/12 Sold $277,000 0.0% $199 / Sq Ft
10/16/2012 10/16/12 Sold $277,000 +52.2% $199 / Sq Ft View Prior Sale
08/16/2012 08/16/12 Pending -- -- --
08/16/2012 08/16/12 Pending -- -- --
05/29/2012 05/29/12 Sold $182,000 +1.1% $131 / Sq Ft View Prior Sale
05/21/2012 05/21/12 Pending -- -- --
05/04/2012 05/04/12 For Sale $180,000 -- $129 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,389 $347,914 $213,523 $134,391
2025 $4,389 $341,093 $209,337 $131,756
2024 $4,315 $334,406 $205,233 $129,173
2023 $4,235 $327,850 $201,209 $126,641
2022 $4,044 $321,422 $197,264 $124,158
2021 $3,990 $315,121 $193,397 $121,724
2020 $4,026 $311,890 $191,414 $120,476
2019 $3,874 $305,775 $187,661 $118,114
2018 $3,795 $299,781 $183,982 $115,799
2016 $3,619 $288,142 $176,839 $111,303
2015 $3,568 $283,815 $174,183 $109,632
2014 $3,591 $278,256 $170,771 $107,485
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12083346

California Regional Multiple Listing Service (CRMLS)

APN: 6022-014-012

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