NOT LISTED FOR SALE

Estimated Value: $1,195,000 - $1,484,000

6 Beds
5 Baths
3,600 Sq Ft
$374/Sq Ft Est. Value

Last Sold December 23, 2016

Last sale price $810,000 $225 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $8,298/month

11 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Laundry Room
  • Spanish Architecture
  • Private Yard
  • Floor Furnace

About This Home

As of December 2016

Classic 1920's Spanish Style Units! Tons of Charm! This property is perfect for an investor or owner occupied + units to help out with your mortgage. Fantastic Wrigley area. 2 Bedroom Front house with Coved Doorways, Beamed Ceilings, hard wood floors, an updated kitchen and period details throughout. Rear units built around 1959. There are 2 Large 2 bedroom units in the back upstairs courtyard. Very clean condition with nice kitchens and bathrooms. There is a 4th studio unit that seems to be non-permitted. Buyer to verify and satisfy self. 4 Individual garages. All units individually metered for gas and electricity. Current seller pays for water. Upside potential in rents. Shared Laundry on premises.

Last Agent to Sell the Property

Kelsea Mazzocco

First Team Real Estate License #01317623 Listed on: 10/13/2016

First Team Real Estate

Last Buyer's Agent

Ross Gagnon

Coldwell Banker Realty License #01402317

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,208

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 6,502 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Private Yard
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Driveway

Home Design

  • Spanish Architecture
  • Split Level Home
  • Property Attached
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 3,600 Sq Ft Home
  • Decorative Fireplace
  • Granite Countertops
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Floor Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 5501
  • Assessor Parcel Number 7205013019

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $58,800
  • Net Operating Income $51,156

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,208

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Wrigley Area (WR)
  • Zoning: LBR2N
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7205013019
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Granite Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Fireplace Features: Decorative
  • Levels: Multi/Split
  • Price Per Square Foot: 225.00

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Spanish Tile
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area, Community, Individual Room
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999, Yard
  • Lot Size Sq Ft: 6502.00

Multi Family

  • Gross Income: 58800.00
  • Gross Scheduled Income: 58800.00
  • Laundry Equipment Own Lease: Own
  • Net Operating Income: 51156.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 5880.00
  • Operating Expense Percent: 10.00
  • Rent Control: No
  • Total Actual Rent: 4900.00
  • Vacancy Allowance: 1764
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 5731.00
  • Tax Lot: 17
  • Tax Tract Number: 5501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2016
Closed on
Nov 21, 2016
Sold by
Ward Kimberly Rae
Bought by
Jones Ryan E and Jones Kendra
Seller's Agent
Kelsea Mazzocco
First Team Real Estate
Buyer's Agent
Ross Gagnon
Coldwell Banker Realty
List Price
$799,900
Sold Price
$810,000
Premium/Discount to List
$10,100
1.26%
Current Estimated Value
$1,346,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,770
Avg. Annual Appreciation
5.70%
Original Mortgage
$562,500
Outstanding Balance
$456,099
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$857,712

Purchase Details

Closed on
Oct 21, 2016
Sold by
Staab Kaleen
Bought by
Ward Kimberly Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Outstanding Balance
$456,099
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$857,712

Purchase Details

Closed on
Feb 26, 2009
Sold by
Deutsche Bank Trust Company Americas
Bought by
Ward Kimberly R

Purchase Details

Closed on
Dec 11, 2007
Sold by
Love Gary
Bought by
Deutsche Bank Trust Co Americas and Saxon Mortgage Services Inc

Purchase Details

Closed on
May 31, 2006
Sold by
Love Gary
Bought by
Love Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,672
Interest Rate
6.52%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 19, 2002
Sold by
Smith Gail M and Love Walter L
Bought by
Love Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 1, 1996
Sold by
Love Gary
Bought by
Smith Gail M and Love Jr Walter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
8.07%

Purchase Details

Closed on
Jan 2, 1996
Sold by
Smith Gail M
Bought by
Love Gary and Love Jr Walter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,115
Interest Rate
7.84%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 1995
Sold by
Love Gary
Bought by
Smith Gail M and Love Jr Walter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,115
Interest Rate
7.84%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 1995
Sold by
Emc Mtg Corp
Bought by
Love Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,700
Interest Rate
7.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 1995
Sold by
Love Sonia R
Bought by
Love Walter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,700
Interest Rate
7.88%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 1994
Sold by
Great Western Bank Fsb
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Sep 29, 1994
Sold by
Pape Farrell P and Great Western Bank Fsb
Bought by
Great Western Bank Fsb
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
Jones Ryan E $810,000 Chicago Title Company
Ward Kimberly Rae -- None Available
Ward Kimberly R $495,000 First American Title Company
Deutsche Bank Trust Co Americas $619,650 None Available
Love Gary -- Progressive Title
Love Gary -- Ticor
Smith Gail M -- Investors Title Company
Love Gary -- American Coast Title Co Inc
Smith Gail M -- --
Love Gary $176,000 Chicago Title Co
Love Walter L -- Chicago Title Co
Emc Mtg Corp $124,500 Chicago Title Insurance Co
Great Western Bank Fsb $202,569 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Ryan E $562,500
Previous Owner Love Gary $680,000
Previous Owner Love Gary $161,672
Previous Owner Love Gary $430,000
Previous Owner Love Gary $416,500
Previous Owner Love Bary $252,000
Previous Owner Love Gary $15,750
Previous Owner Smith Gail M $25,000
Previous Owner Love Gary $171,115
Previous Owner Love Gary $171,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2016 12/23/16 Sold $810,000 +1.3% $225 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $799,900 -- $222 / 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 $12,208 $940,069 $348,173 $591,896
2024 $12,208 $921,638 $341,347 $580,291
2023 $12,005 $903,567 $334,654 $568,913
2022 $11,275 $885,851 $328,093 $557,758
2021 $11,042 $868,482 $321,660 $546,822
2019 $10,885 $842,724 $312,120 $530,604
2018 $10,556 $826,200 $306,000 $520,200
2016 $6,743 $538,469 $271,954 $266,515
2015 $6,479 $530,381 $267,869 $262,512
2014 $6,444 $519,992 $262,622 $257,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16725142

California Regional Multiple Listing Service (CRMLS)

APN: 7205-013-019