NOT LISTED FOR SALE

Estimated Value: $497,000 - $527,000

7 Beds
2 Baths
724 Sq Ft
$705/Sq Ft Est. Value

Last Sold November 25, 2013

Last sale price $260,000 $359 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,203/month

23 Days on Market

Highlights

  • Shotgun Architecture
  • Two Homes on a Lot
  • Carpet
  • No HOA
  • Tile Countertops
  • 1-Story Property

About This Home

As of November 2013

Front unit is 4bed 1bath & Back unit is 3bed 1bath. Buyer to perform due diligence. Property will be sold as is no repairs or termite work AS IS.

Last Listed By

Veronica Recinos

Monton Real Estate Investment & Development Co. License #01838401 Listed on: 10/01/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,139

Year Built

  • Built in 1936

Lot Details

  • 3,687 Sq Ft Lot
  • Lot Dimensions are 38x98
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Shotgun Architecture
  • Additions or Alterations
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Shingle Siding
  • Pre-Cast Concrete Construction

Interior Spaces

  • 724 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Tile Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces
  • Parking Available
  • Paved Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for electricity, gas, grounds care, repairs, trash collection, water
  • Tax Lot 31
  • Tax Tract Number 4265
  • Assessor Parcel Number 6155023018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $600
  • New Taxes Expense $3,000
  • Gross Income $2,800
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,139

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: All bolted items
  • Other Phone Description: 562-415-6105
  • Other Phone Number: 562-415-6105
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: LCR1*
  • Architectural Style: Shotgun
  • Property Condition: Additions/Alterations
  • Property Type: Residential Income
  • Parcel Number: 6155023018
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 359.12
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Shingle Siding

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 38x98
  • Lot Size Sq Ft: 3687.00
  • Lot Size Acres: 0.0850

Rental Info

  • Tenant Pays: Electricity, Gas, Grounds Care, Repairs, Trash Collection, Water

Multi Family

  • Gross Income: 2800.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 600.00
  • Lot Size Area: 3687.0000 Square Feet
  • Net Operating Income: 30000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3600.00
  • Rent Control: No
  • Total Actual Rent: 2800.00

Tax Info

  • New Taxes Expense: 3000.00
  • Tax Area: 1.25
  • Tax Lot: 31
  • Tax Rate: 1.25
  • Tax Tract Number: 4265
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2018
Sold by
Hernandez Hernandez Marin Tavares Marin Tavares and Hernandez Isaac Matin
Bought by
Hernandez Marin Tavares and Hernandez Benita
Total Days on Market
23
Current Estimated Value
$510,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Outstanding Balance
$141,891
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$382,626

Purchase Details

Listed on
Oct 1, 2013
Closed on
Nov 15, 2013
Sold by
Gomez Aurora
Bought by
Isaac Marti Hernandez
Seller's Agent
Veronica Recinos
Monton Real Estate Investment & Development Co.
Buyer's Agent
Deven Solanki
Devsol Corporation
List Price
$240,000
Sold Price
$260,000
Premium/Discount to List
$20,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$178,571
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 1, 2013
Closed on
Oct 24, 2013
Sold by
Mejia Alfredo
Bought by
Hernandez Martin Tavares and Issac Martin Hernandez
Seller's Agent
Veronica Recinos
Monton Real Estate Investment & Development Co.
Buyer's Agent
Deven Solanki
Devsol Corporation
List Price
$240,000
Sold Price
$260,000
Premium/Discount to List
$20,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,571
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2000
Sold by
Women With Vision Inc
Bought by
Mejia Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,817
Interest Rate
8.27%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2000
Sold by
Hud
Bought by
Women With Vision Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
8.26%

Purchase Details

Closed on
Aug 31, 1999
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Aug 21, 1999
Sold by
Vazquez Federico
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Jul 14, 1997
Sold by
Ripar Investment Inc
Bought by
Vazquez Federico

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,352
Interest Rate
7.57%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 1997
Sold by
Hud
Bought by
Ripar Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,352
Interest Rate
7.57%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 1996
Sold by
Deanda Ruben and Deanda Arminda
Bought by
First Nationwid Emtg Corp

Purchase Details

Closed on
Apr 11, 1996
Sold by
First Nationwide Mtg Corp
Bought by
Hud

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
Hernandez Marin Tavares -- First American Title Company
Isaac Marti Hernandez -- Usa National Title Co
Hernandez Martin Tavarez -- Usa National Title Co
Hernandez Martin Tavares $195,000 Usa National Title Co
Mejia Alfredo $119,000 Provident Title Company
Women With Vision Inc $81,500 Provident Title
Hud -- Fidelity National Title Ins
Norwest Mtg Inc $128,578 Fidelity Title
Vazquez Federico $120,000 California Counties Title Co
Ripar Investments Inc $68,500 California Counties Title Co
First Nationwid Emtg Corp $70,778 First Southwestern Title
Hud -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Marin Tavares $180,500
Closed Hernandez Martin Tavares $182,000
Closed Hernandez Martin Tavares $178,571
Previous Owner Mejia Alfredo $180,000
Previous Owner Mejia Alfredo $133,000
Previous Owner Mejia Alfredo $121,849
Previous Owner Mejia Alfredo $118,817
Previous Owner Women With Vision Inc $72,800
Previous Owner Vazquez Federico $119,352
Previous Owner Ripar Investments Inc $67,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2013 11/25/13 Sold $260,000 +8.3% $359 / Sq Ft
10/24/2013 10/24/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $240,000 -- $331 / 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
2024 $4,139 $289,415 $192,976 $96,439
2023 $4,088 $283,742 $189,193 $94,549
2022 $3,814 $278,180 $185,484 $92,696
2021 $3,885 $272,727 $181,848 $90,879
2019 $3,776 $264,640 $176,455 $88,185
2018 $2,989 $210,085 $135,209 $74,876
2016 $2,834 $201,928 $129,959 $71,969
2015 $2,691 $198,895 $128,007 $70,888
2014 $2,660 $195,000 $125,500 $69,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13200695

California Regional Multiple Listing Service (CRMLS)

APN: 6155-023-018