NOT LISTED FOR SALE

Estimated Value: $1,004,895 - $1,119,000

2 Beds
1 Bath
1,536 Sq Ft
$687/Sq Ft Est. Value

Last Sold April 16, 2014

Last sale price $512,000 $333 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,073/month

83 Days on Market

Highlights

  • No HOA
  • Bixby Elementary School Rated 9+
  • 2 Car Garage

About This Home

As of April 2014

Amazing investor or owner-user, or just generally great income property opportunity. 2 units in wonderful neighborhood of Artcraft Manor. Rents were approx $1300 each until one unit became vacant just about 1 month ago. There is 1 2 car garage to be shared between the 2 units with extensive driveway space for add'l parking spaces.

Last Agent to Sell the Property

Paige Charnick

Beach Equities License #01755588 Listed on: 01/06/2014

Co-Listed By

Fingerhut Steve

Steve Fingerhut, Broker License #00479715

Last Buyer's Agent

Isaac Hausman

Pride Of Ownership License #01065881

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 6,030 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage
  • Parking Available
  • Shared Driveway

Home Design

  • 1,536 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Location

  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 7218004030

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $1,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Artcraft Manor (AM)
  • Property Type: Residential Income
  • Parcel Number: 7218004030
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 333.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Shared Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 6030.00
  • Lot Size Acres: 0.1380

Multi Family

  • Gross Income: 1300.00
  • Gross Scheduled Income: 15600.00
  • Lot Size Area: 6030.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Other Income Description: 2 units at $1300 until recent
  • Rent Control: No
  • Total Actual Rent: 1300.00

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2014
Sold by
Garcia Cathy A
Bought by
Garcia Cathy A and Cathy Garcia Trust
Current Estimated Value
$1,042,257

Purchase Details

Listed on
Jan 6, 2014
Closed on
Mar 13, 2014
Sold by
Waldo Jeanette Ann
Bought by
Garcia Cathy A
Seller's Agent
Paige Charnick
Beach Equities
Buyer's Agent
Isaac Hausman
Pride Of Ownership
List Price
$530,000
Sold Price
$512,000
Premium/Discount to List
-$18,000
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$386,250
Outstanding Balance
$284,557
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$770,917
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
Garcia Cathy A -- None Available
Garcia Cathy A $515,000 Ticor Title Company Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Cathy A $386,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2014 04/16/14 Sold $512,000 -3.4% $333 / Sq Ft
03/30/2014 03/30/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $530,000 -- $345 / 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 $8,119 $627,630 $441,305 $186,325
2024 $8,119 $615,324 $432,652 $182,672
2023 $7,983 $603,260 $424,169 $179,091
2022 $7,497 $591,432 $415,852 $175,580
2021 $7,349 $579,837 $407,699 $172,138
2019 $7,245 $562,640 $395,607 $167,033
2018 $6,998 $551,608 $387,850 $163,758
2016 $6,439 $530,191 $372,791 $157,400
2015 $6,180 $522,228 $367,192 $155,036
2014 $1,013 $61,070 $31,571 $29,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14003397

California Regional Multiple Listing Service (CRMLS)

APN: 7218-004-030