NOT LISTED FOR SALE

2616 S Carolina St San Pedro, CA 90731

Estimated Value: $709,779 - $814,000

3 Beds
2 Baths
1,238 Sq Ft
$614/Sq Ft Est. Value

Last Sold June 01, 2012

Last sale price $189,000 $153 Per Sq Ft

Est. 302% increase in value since last sale

Current estimated payment $4,411/month

183 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No Heating

About This Home

As of June 2012

FULLY APPROVED AT $215K. This property is in the very desirable Point Fermin area of San Pedro, and has a lot of potential. The back unit is 2 bedroom, 1 bath and the front unit is 1 bedroom, 1 bath. This home has hardwood floors, custom paint, wainscoting and crown molding. The kitchen has been remodeled with slate counters and backsplash, as well as beautiful maple cabinetry. All information deemed reliable but not guaranteed - buyer to verify.

Last Agent to Sell the Property

Robyn Webb

Sadri Group License #01705948 Listed on: 10/18/2011

Last Buyer's Agent

Thomas Hynes

Thomas J. Hynes, Real Estate License #00894855

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,982

Year Built

  • Built in 1923

Lot Details

  • 2,499 Sq Ft Lot
  • Lot Dimensions are 25x100

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Wood Roof
  • Stucco

Interior Spaces

  • 1,238 Sq Ft Home
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Legal Lot and Block 44 / 19
  • Assessor Parcel Number 7465014040

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,200
  • Water Sewer Expense $660
  • New Taxes Expense $2,109
  • Gross Income $20,400
  • Net Operating Income $15,476

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,982

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 8.19
  • View: No
  • Water Sewer Expenses: 660.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 7465014040
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Wood
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 152.67

Exterior Features

  • Pool Private: No
  • Roof: Shingle, Wood
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: No
  • Appliances: Dishwasher, Gas Cooking, Disposal, Range
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 25x100
  • Lot Size Sq Ft: 2499.00
  • Lot Size Acres: 0.0570

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 20400.00
  • Gross Multiplier: 9.26
  • Gross Scheduled Income: 20400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 2499.0000 Square Feet
  • Net Operating Income: 15476.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4924.00

Tax Info

  • New Taxes Expense: 2109.00
  • Tax Area: 14
  • Tax Block: 19
  • Tax Lot: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2011
Closed on
May 16, 2012
Sold by
Martin John and Martin Jacquelyn
Bought by
Hynes Alexander Blair
Seller's Agent
Robyn Webb
Sadri Group
Buyer's Agent
Thomas Hynes
Thomas J. Hynes, Real Estate
List Price
$199,000
Sold Price
$189,000
Premium/Discount to List
-$10,000
-5.03%
Current Estimated Value
$760,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$571,195
Avg. Annual Appreciation
10.33%

Purchase Details

Closed on
Apr 11, 2007
Sold by
Martin John H
Bought by
Martin John and Martin Jacquelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,750
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 23, 2005
Sold by
Martin John H and Mc Coy Martin Jacquelyn
Bought by
Martin John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2005
Sold by
Martin John H
Bought by
Martin John H and Mccoy Martin Jacquelyn

Purchase Details

Closed on
Oct 19, 2004
Sold by
Martin Jackie Mccoy
Bought by
Martin John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 1995
Sold by
Pimental Postier Bonnie S
Bought by
Mccoy Martin John H and Mccoy Martin Jackie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
8.81%
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
Hynes Alexander Blair $189,000 First American Title Ins Co
Martin John -- Alliance Title Company
Martin John H -- Fidelity National Title Co
Martin John H -- --
Martin John H -- Gateway Title Company
Mccoy Martin John H $125,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin John $433,500
Previous Owner Martin John $53,750
Previous Owner Martin John $432,000
Previous Owner Martin John H $374,000
Previous Owner Martin John H $315,000
Previous Owner Martin John H $157,000
Previous Owner Martin John H $120,000
Previous Owner Mccoy Martin John H $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2012 06/01/12 Sold $189,000 -5.0% $153 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
10/18/2011 10/18/11 For Sale $199,000 -- $161 / 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 $2,982 $237,381 $174,585 $62,796
2024 $2,982 $232,727 $171,162 $61,565
2023 $2,926 $228,164 $167,806 $60,358
2022 $2,791 $223,691 $164,516 $59,175
2021 $2,752 $219,306 $161,291 $58,015
2020 $2,777 $217,059 $159,638 $57,421
2019 $2,671 $212,804 $156,508 $56,296
2018 $2,629 $208,633 $153,440 $55,193
2016 $2,501 $200,533 $147,483 $53,050
2015 $2,466 $197,522 $145,268 $52,254
2014 $2,485 $193,654 $142,423 $51,231
Source: Public Records

Agents Affiliated with this Home

  • Robyn Webb

    Seller's Agent in 2012

    Robyn Webb

    Sadri Group

    (714) 328-5999

    33 Total Sales

    Section Image

  • T

    Buyer's Agent in 2012

    Thomas Hynes

    Thomas J. Hynes, Real Estate

    (310) 489-0241

    5 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S677186

California Regional Multiple Listing Service (CRMLS)

APN: 7465-014-040

California Los Angeles County San Pedro 90731

2616 S Carolina St, San Pedro, CA

This home is located at 2616 S Carolina St, San Pedro, CA 90731 since 18 October 2011 and is currently estimated at $760,195, approximately $614 per square foot. This property was built in 1923. 2616 S Carolina St is a home located in Los Angeles County with nearby schools including Leland Street Elementary School, Dana Middle School, and San Pedro Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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