NOT LISTED FOR SALE

Estimated Value: $842,000 - $1,076,994

2 Beds
1 Bath
2,416 Sq Ft
$385/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $605,000 $250 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,603/month

11 Days on Market

Highlights

  • Spanish Architecture
  • Floor Furnace
  • Back Yard
  • Laundry Room
  • Chain Link Fence

About This Home

As of June 2018

Investor Dream. Classic Spanish Duplex. As-Is needs some upgrades. Drive by only.

Last Agent to Sell the Property

Pam Luckey

Compass License #00751586 Listed on: 05/14/2018

Compass

Co-Listed By

Tyler Luckey

Compass License #01978990

Last Buyer's Agent

Jason Ross

Dylan Raquel Real Estate License #01399004

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,896

Year Built

  • Built in 1933

Lot Details

  • 6,502 Sq Ft Lot
  • Lot Dimensions are 130'x50'
  • 1 Common Wall
  • Chain Link Fence
  • Back Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Spanish Architecture
  • Property Attached

Interior Spaces

  • 2,416 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Floor Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, telephone, trash collection
  • Tax Lot 2
  • Tax Tract Number 5731
  • Assessor Parcel Number 7205023002

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $80
  • Insurance Expense $150
  • Trash Expense $50
  • Water Sewer Expense $50
  • Operating Expense $330
  • Gross Income $10,440
  • Net Operating Income $10,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,896

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 50.00
  • Zoning: LBR2N
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Gardener Expense: 80.00
  • Parcel Number: 7205023002
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 250.41

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size: 130'x50'
  • Lot Size Sq Ft: 6502.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Telephone, Trash Collection

Multi Family

  • Gross Income: 10440.00
  • Gross Scheduled Income: 14400.00
  • Insurance Expense: 150.00
  • Net Operating Income: 10440.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3960.00
  • Rent Control: No
  • Total Expenses: 330.00

Tax Info

  • Tax Census Tract: 5731.00
  • Tax Lot: 2
  • Tax Tract Number: 5731

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
May 29, 2018
Sold by
Hershewe Hazel W
Bought by
Guerrero Lance Christopher and Guerrero Linda
Seller's Agent
Pam Luckey
Compass
Buyer's Agent
Jason Ross
Dylan Raquel Real Estate
List Price
$598,000
Sold Price
$605,000
Premium/Discount to List
$7,000
1.17%
Current Estimated Value
$928,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,999
Avg. Annual Appreciation
6.02%
Original Mortgage
$594,041
Outstanding Balance
$525,966
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$403,033

Purchase Details

Closed on
Sep 5, 2012
Sold by
Hershewe Hazel Winifred and K Hershewe S
Bought by
Hershewe Hazel W and The Long Beachtrust

Purchase Details

Closed on
Apr 3, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Hershewe Hazel Winifred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2008
Sold by
Broyard Darlah Denise
Bought by
Deutsche Bank National Trust Co and New Century Home Equity Loan Trust Serie

Purchase Details

Closed on
Feb 13, 2006
Sold by
Broyard Kirk Michael
Bought by
Broyard Darlah Densie

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
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 19, 2006
Sold by
Jones Tyler and Fraser James F
Bought by
Broyard Darlah Denise

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
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 2, 2005
Sold by
Jones Tyler and Fraser James F
Bought by
Jones Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2004
Sold by
Jones Tyler
Bought by
Jones Tyler

Purchase Details

Closed on
Oct 27, 2003
Sold by
Okeefe Zane H
Bought by
Jones Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2001
Sold by
Iba Patricia
Bought by
Iba Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,307
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2001
Sold by
Iba Alan
Bought by
Okeefe Zane H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,307
Interest Rate
7.14%
Mortgage Type
FHA
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
Guerrero Lance Christopher $605,000 First American Title Company
Hershewe Hazel W -- None Available
Hershewe Hazel Winifred $425,000 Lsi Title Agency Inc Il
Deutsche Bank National Trust Co $569,546 None Available
Broyard Darlah Densie -- Lawyers Title
Broyard Darlah Denise $700,000 Lawyers Title
Jones Tyler -- Fidelity National Title Co
Jones Tyler -- --
Jones Tyler -- --
Fraser James F -- --
Jones Tyler $409,000 First Southwestern Title Co
Iba Alan -- Gateway Title
Okeefe Zane H $235,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerrero Lance Christopher $594,041
Previous Owner Hershewe Hazel Winifred $318,750
Previous Owner Broyard Darlah Densie $140,000
Previous Owner Broyard Darlah Denise $560,000
Previous Owner Jones Tyler $329,000
Previous Owner Jones Tyler $327,000
Previous Owner Okeefe Zane H $237,307
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $605,000 +1.2% $250 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $598,000 -- $248 / 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 $8,896 $688,383 $341,347 $347,036
2024 $8,896 $674,886 $334,654 $340,232
2023 $8,748 $661,654 $328,093 $333,561
2022 $8,215 $648,681 $321,660 $327,021
2021 $8,047 $635,962 $315,353 $320,609
2019 $7,933 $617,100 $306,000 $311,100
2018 $6,198 $480,996 $226,350 $254,646
2016 $5,693 $462,319 $217,561 $244,758
2015 $5,467 $455,376 $214,294 $241,082
2014 $5,434 $446,457 $210,097 $236,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18114395

California Regional Multiple Listing Service (CRMLS)

APN: 7205-023-002