NOT LISTED FOR SALE

Estimated Value: $712,452 - $981,000

11 Beds
3 Baths
3,688 Sq Ft
$231/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $650,000 $176 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,435/month

107 Days on Market

Highlights

  • Beach Access
  • No HOA
  • Tankless Water Heater
  • Attic
  • 2 Car Detached Garage
  • Ceiling Fan

About This Home

As of August 2020

Nice two family house for sale. recently renovated, hardwood floors through the house. Both units as well as the two car garages are rented, and all tenants are current on rents. (owner/agent).

Last Agent to Sell the Property

John Wei

Portunes, LLC License #RES.0803957 Listed on: 04/28/2020

Last Buyer's Agent

Leonard Gordon

Taylor Gordon & Company Corporation License #REB.0790714

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,198

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Beach Access

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,198

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Cove
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2888
  • Public Record Living Room Sq Ft: 2288
  • Sq Ft Est Heated Below Grade: 800
  • Total Sq Ft: 3688
  • Year Built: 1920
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 4412
  • Tax Year Updated Dt: 07/27/2020
  • Directions: Lockwood to Woodrow
  • Special Features: None

Interior Features

  • Total Bedrooms: 11
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 26

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.1200
  • Lot Description: Level Lot
  • Zoning: R5

Multi Family

  • Unit Count: 3
  • Total Multi Family: 17
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 8198
  • Total Assessed Value: 311110
  • Mil Rate Base: 25.330
  • Mil Rate Tax District: 1.020
  • Mil Rate Total: 26.350
  • Assessor Parcel Number: 329047

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2020
Closed on
Aug 13, 2020
Sold by
Spot Capital Llc
Bought by
Leslie Georgian
Seller's Agent
John Wei
Portunes, LLC
Buyer's Agent
Leonard Gordon
Taylor Gordon & Company Corporation
List Price
$669,000
Sold Price
$650,000
Premium/Discount to List
-$19,000
-2.84%
Current Estimated Value
$852,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,113
Avg. Annual Appreciation
5.40%
Original Mortgage
$628,306
Outstanding Balance
$561,100
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$286,807

Purchase Details

Listed on
Jun 13, 2018
Closed on
Aug 1, 2018
Sold by
Wells Fargo Bank Na
Bought by
Spot Capital Llc
Seller's Agent
Daniel Villacis
Modern Day Real Estate
Buyer's Agent
Daniel Villacis
Modern Day Real Estate
List Price
$384,900
Sold Price
$430,000
Premium/Discount to List
$45,100
11.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.21%

Purchase Details

Closed on
May 7, 2018
Sold by
Sheikh Furqan and Wells Fargo Bank Na
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 1, 1998
Sold by
Katsetos Steve and Anastasakis Pauline
Bought by
Sheikh Furqan A and Sheikh Rubina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
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
Leslie Georgian $650,000 None Available
Leslie Georgian $650,000 None Available
Leslie Georgian $650,000 None Available
Spot Capital Llc $430,000 --
Spot Capital Llc $430,000 --
Spot Capital Llc $430,000 --
Wells Fargo Bank Na -- --
Wells Fargo Bank Na -- --
Wells Fargo Bank Na -- --
Sheikh Furqan A $185,000 --
Sheikh Furqan A $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leslie Georgian $47,083
Open Leslie Georgian $628,306
Closed Leslie Georgian $628,306
Previous Owner Spot Capital Llc $200,000
Previous Owner Sheikh Furqan A $450,000
Previous Owner Sheikh Furqan A $322,700
Previous Owner Sheikh Furqan A $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $650,000 -2.8% $176 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $669,000 +55.6% $181 / Sq Ft
07/31/2018 07/31/18 Sold $430,000 +11.7% $188 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $384,900 -- $168 / Sq Ft
Source: SmartMLS

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 $9,935 $415,330 $183,710 $231,620
2024 $9,702 $415,330 $183,710 $231,620
2023 $10,483 $415,330 $183,710 $231,620
2022 $8,453 $311,110 $133,110 $178,000
2021 $8,381 $311,110 $133,110 $178,000
2020 $8,198 $311,110 $133,110 $178,000
2019 $8,198 $311,110 $133,110 $178,000
2018 $7,943 $311,110 $133,110 $178,000
2017 $6,352 $236,220 $104,170 $132,050
2016 $6,170 $236,220 $104,170 $132,050
2015 $6,007 $236,220 $104,170 $132,050
2014 $5,856 $236,220 $104,170 $132,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170291043

SmartMLS

APN: STAM-000001-000000-008543