NOT LISTED FOR SALE

24328 Walnut St Newhall, CA 91321

Newhall Neighborhood

Estimated Value: $776,000 - $1,226,000

5 Beds
4 Baths
1,680 Sq Ft
$634/Sq Ft Est. Value

Sale Details

Date Sold: March 11, 2015

Last sale price $625,000 $372 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,525 / mo

Highlights

  • Wood Flooring
  • 5-minute walk to Newhall
  • Cottage
  • Placerita Junior High School Rated A
  • No HOA
  • Beamed Ceilings

About This Home

As of March 2015

Welcome Investors!!

This is a charming 4-plex in Downtown Newhall. Don't miss the opportunity to own 4 individual cottages with individual gardens and white picket fences. Units each have copper repipe, newer roofs, newer bathrooms, french doors, central heat and air with their own gas and electric meters. Landlord currently pays water, gardener, and and trash totaling approx $300 per month. All units have quaint front porches and each have their own gardens. Units located in the middle of renovated Downtown Newhall offering pedestrian-oriented 'Main Street' with public buildings, parking garages, an open air market, terrific restaurants, and mixed commercial and residential development. BRING YOUR OFFERS!

Last Agent to Sell the Property

Wendy Gundry

RE/MAX of Santa Clarita License #01250162 Listed on: 02/13/2015

RE/MAX of Santa Clarita

Co-Listed By

Carol Anderson

RE/MAX Gateway License #01185988

Last Buyer's Agent

Wendy Gundry

RE/MAX of Santa Clarita License #01250162 Listed on: 02/13/2015

RE/MAX of Santa Clarita

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 6,267 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Cottage
  • Composition Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • Beamed Ceilings
  • Ceiling Fan

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 29 / 24
  • Tax Tract Number 2831
  • Assessor Parcel Number 2831012015

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gardener Expense $1,200
  • Insurance Expense $2,500
  • Trash Expense $1,056
  • Water Sewer Expense $780
  • New Taxes Expense $8,125
  • Gross Income $4,250
  • Net Operating Income $47,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

6,267 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Custom Downtown Newhall (CDNEW)
  • Water Sewer Expenses: 780.00
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2831012015
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Levels: One
  • Price Per Square Foot: 372.02

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Trash Expense: 1056.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6267.00
  • Lot Size Acres: 0.1440

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 400
  • Average2 Bed Area: 500
  • Gross Income: 4250.00
  • Gross Scheduled Income: 51000.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 6267.0000 Square Feet
  • Net Operating Income: 47400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 3600.00
  • Operating Expense Percent: 4.50
  • Rent Control: No
  • Total Actual Rent: 4250.00

Tax Info

  • New Taxes Expense: 8125.00
  • Tax Block: 24
  • Tax Lot: 29
  • Tax Tract Number: 2831
  • Tax Year: 2012

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2015
Sold by
Bought by
Current Estimated Value
$1,064,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$236,112
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$828,198

Purchase Details

Closed on
Aug 24, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$236,112
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$828,198

Purchase Details

Listed on
Feb 13, 2015
Closed on
Feb 19, 2015
Sold by
Bought by
Seller's Agent
Wendy Gundry
RE/MAX of Santa Clarita
Buyer's Agent
Wendy Gundry
RE/MAX of Valencia
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%

Purchase Details

Closed on
Jul 8, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
7.25%

Purchase Details

Closed on
Mar 18, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
7.25%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- North American Title
-- North American Title
-- North American Title
$620,000 Fidelity National Title Co
$499,500 Fswt
$259,000 Orange Coast Title
-- Orange Coast Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $300,000
Previous Owner $384,000
Previous Owner $207,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/11/2015 03/11/15 Sold $625,000 -3.8% $372 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $650,000 -- $387 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,711 $648,991 $288,440 $360,551
2024 $9,391 $636,267 $282,785 $353,482
2023 $9,146 $623,792 $277,241 $346,551
2022 $8,996 $611,561 $271,805 $339,756
2021 $8,828 $599,571 $266,476 $333,095
2020 $8,719 $593,424 $263,744 $329,680
2019 $8,519 $581,789 $258,573 $323,216
2018 $8,343 $570,382 $253,503 $316,879
2016 $8,841 $629,455 $251,782 $377,673
2015 $8,053 $567,835 $390,388 $177,447
2014 $7,937 $556,713 $382,741 $173,972
Source: Public Records

Agents Affiliated with this Home

  • Wendy Gundry

    Seller's Agent in 2015

    Wendy Gundry

    RE/MAX

    (661) 510-5370

    3 in this area

    46 Total Sales

    Wendy Gundry
    Section Image
  • Carol Anderson

    Seller Co-Listing Agent in 2015

    Carol Anderson

    RE/MAX

    149 Total Sales

    Carol Anderson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15031349

California Regional Multiple Listing Service (CRMLS)

APN: 2831-012-015

California Los Angeles County Newhall 91321 Newhall

24328 Walnut St, Newhall, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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