NOT LISTED FOR SALE

Estimated Value: $1,172,000 - $1,563,000

6 Beds
4 Baths
2,237 Sq Ft
$624/Sq Ft Est. Value

Last Sold July 17, 2019

Last sale price $1,150,000 $514 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $8,593/month

59 Days on Market

Highlights

  • Built in 1948 | Newly Remodeled
  • Balcony
  • Auto Driveway Gate
  • Marvin Avenue Elementary School Rated 9+
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of July 2019

Price Reduced! Great Opportunity to own or invest in Thriving & Fast Transforming W. Adams Area. TWO HOUSES in ONE LOT. A fully renovated permitted 3 bed and 2 bath front house is excellent for owner to live. This 1,134 sq/ft size home offers new electrical, updated plumbing, new flooring, new kitchen, newer appliances and more. Rear Unit is new fully permitted ADU (Accessory Dwelling Unit). This 2 Story brand new building construction has 3 beds and 2 baths with Great Entertaining oversized upper deck balcony brings fresh breeze for your morning coffee and enjoy lazy sunset down the city. Lot size of 5,007 sq/ft per ASR, Paver stone driveway with 4 parking spaces (tandem), Automatic Gated Entrance, Smart Home Capability, New HVAC System, Tankless Water Heater and much more. Great short term rental options for ADU or Extra rental income. Each unit has its own SEPARATE UTILITY METERS (Water, Gas and Electrical) and Diff. address for ADU: 5715 W. Smiley Dr. Come and Choose your home

Last Agent to Sell the Property

Alice Oh

I & J Properties, Inc. License #01899987 Listed on: 03/19/2019

I & J Properties, Inc.

Last Buyer's Agent

Alice Oh

I & J Properties, Inc. License #01899987 Listed on: 03/19/2019

I & J Properties, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948 | Newly Remodeled

Lot Details

  • 5,007

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 2,237 Sq Ft Home
  • 1-Story Property
  • Disposal
  • Washer

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Private Parking
  • Auto Driveway Gate

Additional Features

  • Balcony
  • 5,007 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5048-030-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1948 | Newly Remodeled

Lot Details

5,007 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Great Opportunity to own or invest in Thriving & Fast Transforming W. Adams Area. TWO HOUSES in ONE LOT. A fully renovated permitted 3 bed and 2 bath front house is excellent for owner to live. This renovated front unit offers new electrical, updated plumbing, new flooring, new kitchen, newer appliances and more. Rear Unit is new fully permitted ADU (Accessory Dwelling Unit). This 2 Story brand new building construction has 1,103 sq/ft with 3 bed and 2 bath. Great Entertaining oversized upper deck balcony brings fresh breeze for your morning coffee and enjoy lazy sunset down the city. Lot size of 5,007 sq/ft per ASR, Paver stone driveway with 4 parking spaces (tandem), Automatic Gated Entrance, Smart Home Capability, New HVAC System, Tankless Water Heater and much more. Great short term rental options for ADU or Extra rental income. Each unit has its own SEPARATE UTILITY METERS (Water, Gas and Electrical) and Diff. address for ADU: 5715 W. Smiley Dr. Come and Choose your home!
  • Building Permit: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 2237
  • Probate: No
  • Property Condition: New Construction, Updated/Remodeled
  • Stories: 1
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Equipment: Garbage Disposal, Gas Dryer Hookup, Hood Fan, Washer
  • Price Per S Q F T: 576.67

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, Two On A Lot
  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Auto Driveway Gate, Driveway Gate, Private
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air

Lot Info

  • Assessed Improvement Value: 62561
  • Assessed Land Value: 93854
  • Assessor Parcel Number: 5048-030-018
  • Geocode Override: No
  • Lot Size Area: 5007

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2019
Closed on
Jul 9, 2019
Sold by
Lee Hyeon S
Bought by
Lee Robert S
Seller's Agent
Alice Oh
I & J Properties, Inc.
Buyer's Agent
Alice Oh
I & J Properties, Inc.
List Price
$1,359,000
Sold Price
$1,150,000
Premium/Discount to List
-$209,000
-15.38%
Current Estimated Value
$1,395,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,285
Avg. Annual Appreciation
2.93%
Original Mortgage
$800,000
Outstanding Balance
$727,414
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$667,871

Purchase Details

Listed on
Mar 19, 2019
Closed on
Jun 27, 2019
Sold by
Lee Julie
Bought by
Lee Robert S
Seller's Agent
Alice Oh
I & J Properties, Inc.
Buyer's Agent
Alice Oh
I & J Properties, Inc.
List Price
$1,359,000
Sold Price
$1,150,000
Premium/Discount to List
-$209,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$727,414
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$667,871

Purchase Details

Closed on
Jan 31, 2018
Sold by
Lee Brandon
Bought by
Lee Julie

Purchase Details

Closed on
Jan 26, 2018
Sold by
Reese Victor
Bought by
Lee Julie

Purchase Details

Closed on
Jan 20, 2018
Sold by
Reese Victor
Bought by
Reese Victor
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lee Robert S -- Provident Title Company
Lee Robert S $1,150,000 Provident Title Company
Lee Julie -- North American Title Company
Lee Julie $510,000 North American Title Company
Reese Victor -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Robert S $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2019 07/17/19 Sold $1,150,000 -10.9% $514 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
04/16/2019 04/16/19 Price Changed $1,290,000 -5.1% $577 / Sq Ft
03/19/2019 03/19/19 For Sale $1,359,000 -- $608 / Sq Ft
Source: The MLS

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 $15,051 $1,257,687 $942,720 $314,967
2024 $15,051 $1,233,028 $924,236 $308,792
2023 $14,761 $1,208,852 $906,114 $302,738
2022 $14,076 $1,185,150 $888,348 $296,802
2021 $13,896 $1,161,913 $870,930 $290,983
2020 $14,038 $1,150,000 $862,000 $288,000
2019 $6,349 $520,200 $416,160 $104,040
2018 $2,102 $159,543 $95,731 $63,812
2016 $2,004 $153,349 $92,014 $61,335
2015 $1,977 $151,046 $90,632 $60,414
2014 $1,994 $148,088 $88,857 $59,231
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-445780

The MLS

APN: 5048-030-018

Your Personal Tour Guide

Ask me questions while you tour the home.