NOT LISTED FOR SALE

Estimated Value: $776,000 - $840,000

5 Beds
3 Baths
1,708 Sq Ft
$478/Sq Ft Est. Value

Sale Details

Date Sold: August 7, 2015

Last sale price $504,000 $295 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,337 / mo

2 Days on Market

Highlights

  • No HOA
  • Walk-In Closet
  • Front Yard
  • Placerita Junior High School Rated A

About This Home

As of August 2015

Two homes on one Lot...perfect investment opportunity to earn income or simply live in one and rent out the other. Front home 24722 Newhall Ave features 3+2 with 988 sq.ft interior. Granite counters in kitchen, Laminate flooring, indoor laundry, master bedroom with walk in closet. Back house 24724 Newhall Ave features 2+1, 720 sq.ft interior with laminate flooring.....4 carport covered spaces with plenty of room. Landlord currently pays water and trash totaling approxmately $105/month. Centrally located near schools, Library, freeway & shopping.

Last Agent to Sell the Property

Mary Ruiz

Realty Executives Homes License #01325024 Listed on: 07/08/2015

Realty Executives Homes

Last Buyer's Agent

Vera Quinlan

Newcastle Realty License #01959895

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,531 Sq Ft Lot
  • No Common Walls
  • Front Yard

Interior Spaces

  • 1,708 Sq Ft Home
  • Laminate Flooring
  • Gas Oven
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 5
  • Tax Tract Number 6923
  • Assessor Parcel Number 2855019005

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $360
  • Water Sewer Expense $900
  • Gross Income $3,000
  • Net Operating Income $33,540

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

6,531 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Custom Downtown Newhall (CDNEW)
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 2855019005
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 295.08
  • Room Type: Walk-In Closet

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Appliances: Gas Oven
  • Laundry Features: Inside
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6531.00
  • Price Per Lot Square Foot: 77.17
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 720
  • Average3 Bed Area: 988
  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6531.0000 Square Feet
  • Net Operating Income: 33540.00
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2460.00
  • Rent Control: No

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 6923

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

Listed on
Jul 8, 2015
Closed on
Jul 14, 2015
Sold by
Singh Gurdas and Kehal Parvinder Kaur
Bought by
Seller's Agent
Mary Ruiz
Realty Executives Homes
Buyer's Agent
Vera Quinlan
Newcastle Realty
List Price
$499,900
Sold Price
$504,000
Premium/Discount to List
$4,100
0.82%
Current Estimated Value
$836,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,441
Avg. Annual Appreciation
4.44%

Purchase Details

Listed on
Apr 10, 2013
Closed on
May 22, 2013
Sold by
Hamm Edwin and Zuluaga Eugenia
Bought by
Kehal Gurdas Singh and Kehal Parvinder Kaur
Seller's Agent
Icela Pabon
Park Regency Realty
Buyer's Agent
Mary Ruiz
Realty Executives Homes
List Price
$219,000
Sold Price
$358,050
Premium/Discount to List
$139,050
63.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.50%

Purchase Details

Closed on
Dec 14, 2005
Sold by
Mcmullen Jay M and The Jay M Mcmullen Trust
Bought by
Hamm Edwin and Zuluaga Eugenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 10, 2004
Sold by
Mcmullen Jay M
Bought by
Mcmullen Jay M and Jay M Mcmullen Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Newhall, CA

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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
$504,000 Fidelity Sherman Oaks
Kehal Gurdas Singh $358,500 Stewart Title Of California
Hamm Edwin $535,000 First Southwestern Title Co
Mcmullen Jay M -- --
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
Previous Owner $54,518
Previous Owner Hamm Edwin $428,000
Previous Owner Mcmullen Jay M $150,000
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 Prior Sale
08/07/2015 08/07/15 Sold $504,000 +0.8% $295 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $499,900 +39.6% $293 / Sq Ft
06/26/2013 06/26/13 Sold $358,050 +63.5% $320 / Sq Ft View Prior Sale
05/19/2013 05/19/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $219,000 -- $196 / 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
2026 $8,666 $608,557 $334,707 $273,850
2025 $8,666 $596,626 $328,145 $268,481
2024 $8,406 $584,928 $321,711 $263,217
2023 $8,170 $573,459 $315,403 $258,056
2022 $8,043 $562,216 $309,219 $252,997
2021 $7,901 $551,193 $303,156 $248,037
2020 $7,809 $545,542 $300,048 $245,494
2019 $7,628 $534,846 $294,165 $240,681
2018 $7,433 $524,360 $288,398 $235,962
2016 $7,001 $504,000 $277,200 $226,800
2015 $5,329 $367,321 $110,247 $257,074
2014 $5,572 $360,127 $108,088 $252,039
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15149197

California Regional Multiple Listing Service (CRMLS)

APN: 2855-019-005

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