NOT LISTED FOR SALE

Estimated Value: $945,000 - $1,040,000

5 Beds
2 Baths
1,955 Sq Ft
$502/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $780,000 $399 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,793/month

20 Days on Market

Highlights

  • Fireplace in Kitchen
  • Wood Flooring
  • Laundry Room
  • J. Marion Roynon Elementary School Rated A-
  • Bathtub with Shower
  • 5-minute walk to Lincoln Mini Park

About This Home

As of November 2021

Great income property or for large family use. Located in a desirable area of La Verne, minutes to Old downtown, schools, parks, restaurants and shopping. Front house was originally built in 1890 and some updates were done and consists of cozy front porch, spacious living room, updated kitchen, dining area, 3 bedrooms and 1 bath. Front house has hardwood floor & central air/heat. Rear unit was built in the 30's and has 2 bedrooms, 1 bath, living room and a kitchen. There are garages attached to the rear house plus extra uncovered parking. Rear yard with lush plantings, mature trees and grassy area. Each unit has it's own water, gas and electric meter. This property has great potential. Owner occupied and both units will be moving out.

Last Agent to Sell the Property

Charles Picker

I.X.A. License #00414181 Listed on: 08/25/2021

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,698

Year Built

  • Built in 1890

Lot Details

  • 9,827 Sq Ft Lot

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage
  • Carport
  • Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,955 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms
  • Bathtub with Shower

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 8377-007-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,698

Year Built

Built in 1890

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 1955
  • Lot Acreage: 0.2256
  • Year Built: 1890
  • Number Of Photos: 46
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Number Dishwasher: 1
  • Number Disposal: 1
  • Fireplace Rooms: Dining, Kitchen, Living Room
  • Flooring: Hardwood, Linoleum, Tile
  • Appliances: Free Standing Gas
  • Bedrooms: 5
  • Bathroom Features: Shower Over Tub, Shower Stall
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 372.38

Exterior Features

  • Other Structures: None
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 2
  • Garage Structures: 1
  • Parking Garage: Garage - 3 Car, Driveway, Carport, On street, Uncovered
  • Total Parking: 5

Utilities

  • Water Heater: Gas
  • Cooling: Central, Wall/Window
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2
  • Sewer: In Street Paid
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 43.77
  • Assessed Improvement Value: 50559
  • Assessed Land Percent: 56.23
  • Assessed Land Value: 64956
  • Total Assessed Value: 115515
  • Assessor Parcel Number: 8377-007-007
  • Lot Size Area: 9827

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.64
  • Number Of Units: 2
  • Total Annual Expense: 7609.44
  • Type Of Units: duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 8, 2021
Sold by
Anderson Elaine H
Bought by
Escobar Frank R and Escobar Anna Patricia
Seller's Agent
Charles Picker
I.X.A.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$728,000
Sold Price
$780,000
Premium/Discount to List
$52,000
7.14%
Current Estimated Value
$939,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,341
Avg. Annual Appreciation
6.36%
Original Mortgage
$797,940
Outstanding Balance
$732,708
Interest Rate
2.99%
Mortgage Type
VA
Estimated Equity
$249,645

Purchase Details

Closed on
May 12, 2014
Sold by
Anderson Daniel L
Bought by
Anderson Elaine H
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
Escobar Frank R $780,000 Provident Title Company
Anderson Elaine H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobar Frank R $797,940
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $780,000 +7.1% $399 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $728,000 -- $372 / Sq Ft
Source: The MLS

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 $9,698 $827,741 $509,379 $318,362
2024 $9,698 $811,512 $499,392 $312,120
2023 $9,482 $795,600 $489,600 $306,000
2022 $9,330 $780,000 $480,000 $300,000
2021 $1,831 $116,710 $65,628 $51,082
2020 $1,809 $115,515 $64,956 $50,559
2019 $1,796 $113,251 $63,683 $49,568
2018 $1,602 $111,032 $62,435 $48,597
2016 $1,526 $106,722 $60,011 $46,711
2015 $1,504 $105,120 $59,110 $46,010
2014 $1,503 $103,062 $57,953 $45,109
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-775796

The MLS

APN: 8377-007-007