NOT LISTED FOR SALE

Estimated Value: $685,532 - $891,000

3 Beds
2 Baths
1,260 Sq Ft
$632/Sq Ft Est. Value

Last Sold July 20, 2015

Last sale price $370,000 $294 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $4,637/month

181 Days on Market

Highlights

  • Cul-De-Sac
  • Laundry Room
  • Wall Furnace

About This Home

As of July 2015

PRICE REDUCED!!! LIVE IN ONE UNIT & RENT OUT THE OTHER ...Two units in one building located in a cul-de-sac! Front unit is a one bedroom & the back unit has 2 bedrooms...both units with patio areas....... both units are tenant occupied...tenants pay all their own utilities ... NOT A RENT CONTROL AREA... lowest priced units in the area! Priced to sell !!

Last Agent to Sell the Property

Jerry Cervantes

Anomaly Real Estate License #01723940 Listed on: 12/11/2014

Co-Listed By

Eduardo Canas

Real Innovate Realty License #01156538

Last Buyer's Agent

PHILIP CHEN

COLDWELL BANKER DYNASTY/ARC License #01092612

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 4,709 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac

Home Design

  • 1,260 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 29051
  • Assessor Parcel Number 8108017019

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $1,780

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 8108017019
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 293.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 4709.00
  • Price Per Lot Square Foot: 78.57
  • Lot Size Acres: 0.1080

Multi Family

  • Gross Income: 1780.00
  • Gross Scheduled Income: 21360.00
  • Lot Size Area: 4709.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 21360.00

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 29051
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2016
Sold by
Hung Lai Ling
Bought by
Hung Lai Ling and Hung Living Trust
Current Estimated Value
$795,883

Purchase Details

Listed on
Dec 11, 2014
Closed on
Jun 12, 2015
Sold by
Yeung Chi Ming
Bought by
Hung Lai Ling
Seller's Agent
Jerry Cervantes
Anomaly Real Estate
Buyer's Agent
PHILIP CHEN
COLDWELL BANKER DYNASTY/ARC
List Price
$445,000
Sold Price
$370,000
Premium/Discount to List
-$75,000
-16.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$222,000
Outstanding Balance
$174,957
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$620,926

Purchase Details

Closed on
Sep 25, 2009
Sold by
Ortiz Jesus and Ortiz Esperanza
Bought by
Yeung Chi Ming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2001
Sold by
Ortiz Jesus and Ortiz Esperanza
Bought by
Ortiz Jesus and Ortiz Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
6.51%

Purchase Details

Closed on
Jun 16, 1998
Sold by
Olguin George W
Bought by
Carrillo Jesus Ortiz and Ortiz Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,389
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 1995
Sold by
Hurt William G
Bought by
Olguin George W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.51%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hung Lai Ling -- None Available
Hung Lai Ling $370,000 Chicago Title
Yeung Chi Ming $249,000 Investors Title Company
Ortiz Jesus -- Chicago Title Co
Carrillo Jesus Ortiz $120,000 Chicago Title Co
Olguin George W -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hung Lai Ling $222,000
Previous Owner Yeung Chi Ming $199,200
Previous Owner Ortiz Jesus $123,000
Previous Owner Carrillo Jesus Ortiz $119,389
Previous Owner Olguin George W $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2015 07/20/15 Sold $370,000 -16.9% $294 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
12/11/2014 12/11/14 For Sale $445,000 -- $353 / 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 $6,187 $437,998 $236,756 $201,242
2024 $6,187 $429,411 $232,114 $197,297
2023 $6,086 $420,992 $227,563 $193,429
2022 $5,854 $412,738 $223,101 $189,637
2021 $5,996 $404,646 $218,727 $185,919
2019 $5,813 $392,646 $212,241 $180,405
2018 $5,566 $384,948 $208,080 $176,868
2016 $5,134 $370,000 $200,000 $170,000
2015 $3,844 $267,429 $107,401 $160,028
2014 -- $262,192 $105,298 $156,894
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14258654

California Regional Multiple Listing Service (CRMLS)

APN: 8108-017-019