$440,000
SOLD DEC 24, 2012
5 Beds
3 Baths
1,444 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$305 Per Sq Ft

3% Above List Price

12 Days on Market

Highlights

  • Wood Siding
  • No Heating
  • 4-minute walk to Elysian Valley Gateway Park
  • John Marshall Senior High Rated A

About This Home

As of December 2012

2 UNITS. FRONT HOUSE 3 BED 2 BATH. REAR HOUSE 2 BEDROOM 1 BATH. FULLY REMODELED WITH NEW FLOORING, NEW BATHROOMS, NEW KITCHEN WITH GRANITE COUNTERS, NEW INTERIOR PAINT, AND NEW FIXTURES. THE ENTIRE PROPERTY IS NEWLY PANTED AND HAS NEW LANDSCAPING.

Last Agent to Sell the Property

Ryan Lusk

First Team Real Estate License #01882596 Listed on: 11/09/2012

First Team Real Estate

Last Buyer's Agent

Ryan Lusk

First Team Real Estate License #01882596 Listed on: 11/09/2012

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,731

Year Built

  • Built in 1924

Parking

  • 2 Parking Spaces

Home Design

  • 1,444 Sq Ft Home
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • 5,000 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 4905
  • Assessor Parcel Number 5442003004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $40
  • Gross Income $2,800
  • Net Operating Income $32,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,731

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 7.61
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 5442003004
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 304.71

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1150

Multi Family

  • Electric Expense: 40.00
  • Gross Income: 2800.00
  • Gross Multiplier: 12.77
  • Gross Scheduled Income: 33600.00
  • Net Operating Income: 32640.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 960.00

Tax Info

  • Tax Area: 13
  • Tax Lot: 26
  • Tax Tract Number: 4905

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2020
Sold by
Placido Agnes D
Bought by
Placido Agnes D
Current Estimated Value
$1,078,817

Purchase Details

Listed on
Nov 9, 2012
Closed on
Nov 21, 2012
Sold by
Reme Holdings Llc
Bought by
Placido Agnes
Seller's Agent
Ryan Lusk
First Team Real Estate
Buyer's Agent
Ryan Lusk
First Team Real Estate
List Price
$429,000
Sold Price
$440,000
Premium/Discount to List
$11,000
2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$352,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2012
Closed on
Aug 7, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Reme Holdings Llc
Seller's Agent
Rafael Dagnasses
Quantum Realtors
Buyer's Agent
Andrew Carter
List Price
$250,000
Sold Price
$282,000
Premium/Discount to List
$32,000
12.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
256.46%
Original Mortgage
$2,500,000
Interest Rate
3.55%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 10, 2011
Sold by
Portillo Santos
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jun 4, 2004
Sold by
Reyes Miriam
Bought by
Portillo Santos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2003
Sold by
Reyes Miriam and Reyes Claudia
Bought by
Reyes Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2003
Sold by
Uribe Jesus
Bought by
Reyes Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2003
Sold by
Uribe Jesus and Uribe Miriam
Bought by
Reyes Claudia

Purchase Details

Closed on
Jul 12, 2001
Sold by
Uribe Miguel
Bought by
Uribe Jesus and Uribe Miriam

Purchase Details

Closed on
Jun 23, 1999
Sold by
Oehme Saeed S
Bought by
Uribe Miguel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,487
Interest Rate
7.56%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 1998
Sold by
Oehme Saeed Shahzad
Bought by
Oehme Saeed S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
9.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 1998
Sold by
Kgs Development Inc
Bought by
Oehme Saeed Shahzad

Purchase Details

Closed on
Feb 21, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kgs Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
7.56%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 27, 1996
Sold by
First Nationwide Mtg Corp
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 18, 1996
Sold by
Ordinario Ernesto B and First Nationwide Mtg Corp
Bought by
First Nationwide Mtg Corp
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $440,000 Ticor Title Company
Grant Deed $282,000 Ticor Title Riverside
Trustee Deed $320,000 None Available
Grant Deed $440,000 Ticor Title
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Security Union Title
Grant Deed -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed $185,000 Commonwealth Title
Interfamily Deed Transfer -- Gateway Title
Gift Deed -- Gateway Title
Trustee Deed $51,663 Old Republic Title Company
Grant Deed $98,500 Continental Lawyers Title Co
Grant Deed -- First Southwestern Title Co
Trustee Deed $129,884 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $344,000 New Conventional
Closed $352,000 New Conventional
Previous Owner $2,500,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $586,500 Unknown
Previous Owner $480,000 Unknown
Previous Owner $60,000 Credit Line Revolving
Previous Owner $352,000 Purchase Money Mortgage
Previous Owner $228,000 Purchase Money Mortgage
Previous Owner $183,487 FHA
Previous Owner $131,250 Purchase Money Mortgage
Previous Owner $44,800 Unknown
Previous Owner $96,000 No Value Available
Closed $88,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2012 12/24/12 Sold $440,000 +2.6% $305 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
11/09/2012 11/09/12 For Sale $429,000 +52.1% $297 / Sq Ft
08/17/2012 08/17/12 Sold $282,000 +12.8% $195 / Sq Ft
07/20/2012 07/20/12 Pending -- -- --
07/12/2012 07/12/12 For Sale $250,000 -- $173 / 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 $6,731 $541,817 $369,423 $172,394
2024 $6,731 $531,194 $362,180 $169,014
2023 $6,602 $520,779 $355,079 $165,700
2022 $6,296 $510,568 $348,117 $162,451
2021 $6,214 $500,558 $341,292 $159,266
2020 $6,273 $495,426 $337,793 $157,633
2019 $6,029 $485,713 $331,170 $154,543
2018 $5,922 $476,190 $324,677 $151,513
2016 $5,653 $457,701 $312,070 $145,631
2015 $5,572 $450,827 $307,383 $143,444
2014 $5,599 $441,997 $301,362 $140,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S717500

California Regional Multiple Listing Service (CRMLS)

APN: 5442-003-004