NOT LISTED FOR SALE

Estimated Value: $750,000 - $1,472,000

5 Beds
3 Baths
2,040 Sq Ft
$510/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $640,000 $314 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,468/month

125 Days on Market

Highlights

  • Custom Home
  • Open Floorplan
  • No HOA
  • Abraham Lincoln High School Rated A
  • Property is near public transit
  • Double Pane Windows

About This Home

As of December 2016

Available 9/15/2016. Beautifully Renovated in the up-and-coming City of Lincoln Heights. This Property consists of Three separate buildings. Two-2 bedrooms, 1bath and 1 Bed, 1 Bath. The main home is equipped with new tiled floors through out. New energy efficient double pane windows, doors, and fascia boards. As you enter, you can't help notice the beautiful white kitchen cabinets with quartz counter-tops, as well as, a very elegant subway tile backsplash. Both bedrooms have new carpet, and paint. The bathroom features a new Jacuzzi, toilet, fixtures, and a pedestal sink. All this on a huge 8,375 sqft lot!! It is perfect for barbecuing, entertaining, or just enjoying the cool breeze in the evenings. The landscape design is drought resistant and arrayed with a drip system. Conveniently located just a few minutes from Downtown LA; Staples center, Pasadena, and all major freeways.

Last Agent to Sell the Property

ERIK RUIZ

CENTURY 21 REALTY MASTERS License #01916546 Listed on: 10/01/2016

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Sunny Jones

Compass License #01776176

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,687

Year Built

  • Built in 1921

Lot Details

  • 8,375 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Paved or Partially Paved Lot
  • Level Lot
  • Drip System Landscaping
  • Garden
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 10 Parking Spaces

Home Design

  • Triplex
  • Custom Home
  • Modern Architecture
  • Raised Foundation
  • Shingle Roof
  • Wood Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,040 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Tile Flooring
  • Laundry Room

Kitchen

  • Electric Range
  • Range Hood
  • Water Line To Refrigerator
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Accessible Parking
  • Rain Gutters
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 5208031011

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,526

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,687

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Attached: No
  • Architectural Style: Custom Built, Modern
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5208031011
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceramic Counters, Copper Plumbing Partial, Open Floorplan
  • Stories: 1
  • Entry Location: Mid Level
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 313.73
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Shingle, Wood

Garage/Parking

  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Gas Water Heater, Range Hood, Water Line to Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Garden, Level with Street, Level, Near Public Transit, Paved, Sprinklers Drip System
  • Lot Size Sq Ft: 8375.00
  • Price Per Lot Square Foot: 79.88

Multi Family

  • Gross Income: 2526.49
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 2526.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2016
Sold by
Ruiz Arnulfo and Ruiz Ana
Bought by
Arnulfo & Ana Ruiz Living Trust
Current Estimated Value
$1,040,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,800
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2012
Closed on
Mar 19, 2012
Sold by
U S Bank National Association
Bought by
Ruiz Arnulfo and Ruiz Ana
Seller's Agent
Joe Kimaz
The Madison Real Estate Group Inc.
Buyer's Agent
Joe Kimaz
The Madison Real Estate Group Inc.
List Price
$249,000
Sold Price
$255,000
Premium/Discount to List
$6,000
2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Original Mortgage
$178,639
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2011
Sold by
Balderas Jose
Bought by
U S Bank National Association

Purchase Details

Closed on
Dec 19, 2007
Sold by
Balderas Jose
Bought by
Murray Michael G

Purchase Details

Closed on
Sep 27, 2006
Sold by
Balderas Ofelia and Balderas Jose
Bought by
Balderas Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
11.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2006
Sold by
Powerhouse Development Corp
Bought by
Balderas Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
11.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2004
Sold by
Balderas Jose and Balderas Ofelia
Bought by
Powerhouse Development Corp

Purchase Details

Closed on
Aug 5, 1998
Sold by
Sierra Real Estate Development
Bought by
Balderas Jose and Balderas Ofelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,639
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 1997
Sold by
Fonteno Betty
Bought by
Fonteno John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.44%

Purchase Details

Closed on
Aug 28, 1997
Sold by
Fonteno John B and Fonteno Woodrow
Bought by
Sierra Real Estate Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.44%
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
Arnulfo & Ana Ruiz Living Trust -- None Available
Rush Marian Renee $650,000 Wfg National Title Co Of Ca
Ruiz Arnulfo $255,500 Premium Title Of California
U S Bank National Association $325,000 None Available
Murray Michael G $56,190 None Available
Balderas Jose -- Orange Coast Title
Balderas Jose -- Orange Coast Title
Powerhouse Development Corp -- Fatcola
Balderas Jose $205,000 First American Title Co
Fonteno John B -- First American Title Co
Fonteno Woodrow -- First American Title Co
Sierra Real Estate Development Llc $115,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rush Marian Renee $621,800
Previous Owner Ruiz Arnulfo $178,639
Previous Owner Balderas Jose $28,000
Previous Owner Balderas Jose $377,000
Previous Owner Balderas Jose $5,000
Previous Owner Balderas Jose $203,639
Previous Owner Sierra Real Estate Development Llc $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold $640,000 -2.9% $314 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $659,000 0.0% $323 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
10/01/2016 10/01/16 Price Changed $659,000 0.0% $323 / Sq Ft
10/01/2016 10/01/16 For Sale $659,000 -1.5% $323 / Sq Ft
09/25/2016 09/25/16 Pending -- -- --
09/15/2016 09/15/16 For Sale $669,000 0.0% $328 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
09/01/2016 09/01/16 Price Changed $669,000 -4.3% $328 / Sq Ft
08/19/2016 08/19/16 Price Changed $699,000 0.0% $343 / Sq Ft
08/19/2016 08/19/16 For Sale $699,000 +9.2% $343 / Sq Ft
07/06/2016 07/06/16 Off Market $640,000 -- --
06/22/2016 06/22/16 For Sale $679,000 +166.3% $333 / Sq Ft
04/27/2012 04/27/12 Sold $255,000 +2.4% $126 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
03/02/2012 03/02/12 For Sale $249,000 -- $123 / 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 $11,687 $754,374 $557,078 $197,296
2024 $11,687 $739,583 $546,155 $193,428
2023 $11,511 $725,083 $535,447 $189,636
2022 $11,093 $710,867 $524,949 $185,918
2021 $10,983 $696,929 $514,656 $182,273
2020 $11,067 $689,784 $509,379 $180,405
2019 $10,730 $676,260 $499,392 $176,868
2018 $8,269 $663,000 $489,600 $173,400
2016 $3,536 $271,093 $175,070 $96,023
2015 $3,488 $267,022 $172,441 $94,581
2014 $3,520 $261,793 $169,064 $92,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB16137781

California Regional Multiple Listing Service (CRMLS)

APN: 5208-031-011