NOT LISTED FOR SALE

Estimated Value: $765,000 - $874,000

4 Beds
2 Baths
1,660 Sq Ft
$481/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $639,000 $385 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,085/month

13 Days on Market

About This Home

As of March 2021

Great Investment Back unit is vacant, 2 houses on a lot- Both 2 bedroom/ 1 bathroom- Single car garage for each unit-Separately metered-. Both homes have inside laundry-Good condition- Centrally located near schools, shopping centers and freeways....

Last Agent to Sell the Property

Mark Perez

Circle Real Estate License #01279393 Listed on: 01/25/2021

Circle Real Estate

Co-Listed By

Sergio Orzynski

Keller Williams Pacific Estate License #01998128

Last Buyer's Agent

Jenny Lee

Vylla Home, Inc. License #02057107

Vylla Home, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,894

Year Built

  • Built in 1955

Lot Details

  • 6,000 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 1,660 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Location

  • Urban Location

Utilities

  • Water Not Available
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 18 / 9
  • Tax Tract Number 5224
  • Assessor Parcel Number 7317010010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,894

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7317010010
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 384.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Multi Family

  • Lot Size Area: 6000.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 5723.01
  • Tax Lot: 18
  • Tax Tract Number: 5224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Feb 10, 2021
Sold by
My Groups Inc
Bought by
Tea Bill B and Quach Sharon Puei
Seller's Agent
Mark Perez
Circle Real Estate
Buyer's Agent
Jenny Lee
Vylla Home, Inc.
List Price
$629,000
Sold Price
$639,000
Premium/Discount to List
$10,000
1.59%
Current Estimated Value
$798,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,813
Avg. Annual Appreciation
4.74%
Original Mortgage
$479,250
Outstanding Balance
$430,589
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$355,369

Purchase Details

Closed on
Nov 25, 2020
Sold by
Ponce Geoffrey R and Ponce Kelly D
Bought by
My Groups Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 26, 2017
Sold by
Kim
Bought by
Svppp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.95%

Purchase Details

Closed on
Sep 17, 2016
Sold by
Ponce Geoffrey R and Ponce Kelly D
Bought by
Ponce Geoffrey R and Ponce Kelly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2002
Sold by
Barrett John Victor and Barrett Dale Albert
Bought by
Ponce Geoffrey R and Ponce Kelly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,210
Interest Rate
7.08%
Mortgage Type
FHA
Source: Public Records

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
Tea Bill B $639,000 Lawyers Title
My Groups Inc $550,000 Corinthian Title Company
Svppp -- --
Ponce Geoffrey R -- Timios Title
Ponce Geoffrey R $193,000 Lawyers Title Company
Barrett Carl W -- Lawyers Title Company
Barrett Dale Albert -- Lawyers Title Company
Barrett John Victor -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tea Bill B $479,250
Previous Owner My Groups Inc $474,000
Previous Owner Svppp --
Previous Owner Ponce Geoffrey R $285,000
Previous Owner Ponce Geoffrey R $280,000
Previous Owner Ponce Geoffrey R $50,000
Previous Owner Ponce Geoffrey R $185,500
Previous Owner Ponce Geoffrey R $187,210
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold $639,000 +1.6% $385 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $629,000 -- $379 / 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 $8,894 $691,671 $487,093 $204,578
2024 $8,894 $678,110 $477,543 $200,567
2023 $8,750 $664,815 $468,180 $196,635
2022 $8,220 $651,780 $459,000 $192,780
2021 $7,002 $550,000 $400,000 $150,000
2020 $3,579 $260,690 $125,617 $135,073
2019 $3,535 $255,579 $123,154 $132,425
2018 $3,391 $250,569 $120,740 $129,829
2016 $3,111 $240,841 $116,052 $124,789
2015 $2,982 $237,224 $114,309 $122,915
2014 $2,964 $232,578 $112,070 $120,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21013581

California Regional Multiple Listing Service (CRMLS)

APN: 7317-010-010