NOT LISTED FOR SALE

Estimated Value: $878,000 - $1,222,000

5 Beds
2 Baths
1,587 Sq Ft
$655/Sq Ft Est. Value

Last Sold June 20, 2016

Last sale price $605,000 $381 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,344/month

39 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Back and Front Yard
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 1-minute walk to Pamela Park

About This Home

As of June 2016

Great location for this income property. Back unit has new windows, new wall heater. Public records show 2 bedrooms for each unit, but the back unit has 3 bedrooms. Front and back unit each have 1 bathroom. Both Units have interior laundry area. Front unit has 90% copper pipe and back unit has 80% copper pipes.

Last Agent to Sell the Property

YOLANDA HUDSPETH

AMERICAN WEST CREDIT CORP License #01178955 Listed on: 10/16/2015

Last Buyer's Agent

Antonio Aguilera

VIP Premier Realty Corp License #01230821

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,328

Year Built

  • Built in 1948

Lot Details

  • 0.32 Acre Lot
  • No Common Walls
  • Back and Front Yard

Home Design

  • 1,587 Sq Ft Home
  • Composition Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Shared Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Conventional Septic

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 4
  • Assessor Parcel Number 8521006045

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $705
  • Trash Expense $900
  • Water Sewer Expense $900
  • New Taxes Expense $4,079
  • Gross Income $2,700
  • Net Operating Income $2,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,328

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 8521006045
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 381.22

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Asphalt, Shared Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Trash Expense: 900.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13705.00
  • Price Per Lot Square Foot: 44.14
  • Lot Size Acres: 0.3150

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2700.00
  • Gross Scheduled Income: 2700.00
  • Insurance Expense: 705.00
  • Lot Size Area: 13705.0000 Square Feet
  • Net Operating Income: 2550.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 150.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4079.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2015
Closed on
Jun 2, 2016
Sold by
Calderon Raymond J
Bought by
Villanueva Abel Yepez and Figueroa Iveth
Seller's Agent
YOLANDA HUDSPETH
AMERICAN WEST CREDIT CORP
Buyer's Agent
Antonio Aguilera
VIP Premier Realty Corp
List Price
$629,000
Sold Price
$605,000
Premium/Discount to List
-$24,000
-3.82%
Current Estimated Value
$1,026,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,693
Avg. Annual Appreciation
5.93%
Original Mortgage
$590,150
Outstanding Balance
$480,794
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$558,586

Purchase Details

Closed on
Jul 20, 2001
Sold by
Serrano Sergio and Serrano Sandra
Bought by
Calderon Raymond J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
7.21%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 22, 1999
Sold by
Serrano Sergio
Bought by
Serrano Sergio and Serrano Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,882
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 1994
Sold by
Town & Country Title Services Inc
Bought by
Bankers Trust Company
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
Villanueva Abel Yepez $605,000 Fidelity National Title Co
Calderon Raymond J $267,000 Orange Coast Title
Serrano Sergio -- North American Title Co
Bankers Trust Company $160,812 Southern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villanueva Abel Yepez $590,150
Previous Owner Calderon Raymond J $127,500
Previous Owner Serrano Sergio $146,882
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2016 06/20/16 Sold $605,000 -3.8% $381 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
10/16/2015 10/16/15 For Sale $629,000 -- $396 / 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 $11,328 $835,635 $645,024 $190,611
2024 $11,093 $819,251 $632,377 $186,874
2023 $10,603 $803,188 $619,978 $183,210
2022 $10,340 $787,440 $607,822 $179,618
2021 $8,831 $661,653 $574,163 $87,490
2020 $8,270 $654,869 $568,276 $86,593
2019 $8,072 $642,030 $557,134 $84,896
2018 $7,783 $629,442 $546,210 $83,232
2016 $4,201 $333,185 $224,623 $108,562
2015 $4,110 $328,181 $221,249 $106,932
2014 $4,079 $321,754 $216,916 $104,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15227415

California Regional Multiple Listing Service (CRMLS)

APN: 8521-006-045