NOT LISTED FOR SALE

Estimated Value: $1,093,000 - $1,283,000

4 Beds
3 Baths
2,000 Sq Ft
$593/Sq Ft Est. Value

Last Sold September 20, 2012

Last sale price $335,000 $168 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $6,753/month

11 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Lawn
  • Crown Molding
  • Southwestern Architecture
  • Covered Patio or Porch
  • Bathtub with Shower

About This Home

As of September 2012

NOTE: GRM IS BACK HOUSE INCOME ONLY: THIS IS A WELL MAINTAINED "TWO-ON-A-LOT". THE FRONT UNIT IS VACANT. IT IS A THREE BEDROOM/ONE BATH HOUSE AND THE BACK UNIT (which is not located in the back of the front unit but on the side) IS A WELL MAINTAINED ONE BEDROOM/ONE BATH HOUSE - COMPLETELY SEPARATE- FROM THE FRONT UNIT. THE BACK UNIT HAS ITS OWN FRONT AND BACK YARD. THE FRONT UNIT HAS A NICELY MANICURED FRONT AND BACK YARD BACKYARD AS WELL. THE FRONT UNIT IS SIMILAR TO A SPANISH VERANDA STYLE HOME WITH A NICE LONG PRIVATE PORCH. THIS PROPERTY HAS THREE GARAGES AND THE LOT SIZE IS CLOSE TO 10,000 SQ. FT. THIS PROPERTY IS NOT A FIXER, BUT A HOME YOU CAN MOVE INTO AND START LIVING. IT IS CENTRALLY LOCATED, A FEW BLOCKS NORTH OF JEFFERSON ON A NICE STREET. THE BACK HOUSE BRINGS IN A GOOD INCOME, SEPARATELY METERED. PROPERTY IS BEING SOLD "AS IS" - WELLS FARGO SHORT SALE - (SEE PRIVATE REMARKS)

Last Agent to Sell the Property

Monika Bohana

Realty West and Property Management License #01218874 Listed on: 04/20/2012

Co-Listed By

Carole Evans

License #00604658

Last Buyer's Agent

Monika Bohana

License #01218874

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,299

Year Built

  • Built in 1929

Lot Details

  • 9,749 Sq Ft Lot
  • Fenced
  • Rectangular Lot
  • Level Lot
  • Lawn
  • Back Yard
  • Value in Land

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces

Home Design

  • Southwestern Architecture
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,000 Sq Ft Home
  • Crown Molding
  • Security Lights

Bedrooms and Bathrooms

  • All Bedrooms Down
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Location

  • City Lot

Utilities

  • Heating System Mounted To A Wall or Window
  • Underground Utilities
  • Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas, move in fee
  • The owner pays for gardener, water
  • Assessor Parcel Number 5049-011-035

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • Vacancy Allowance $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,299

Year Built

Built in 1929

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Southwestern
  • Street Number Display: Yes
  • Alley: No
  • Disability Access: Parking
  • Entry Location: Ground Level w/steps
  • Living Area: 2000
  • Lot Dimensions: A.O.2238
  • Price Per Unit: 162500.00
  • Year Built: 1929
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: Crown Moldings
  • Number Carpet: 2
  • Number Dishwasher: 0
  • Number Disposal: 2
  • Appliances: Gas
  • Bedroom Features: All Bedrooms Down, Master Bedroom
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Shower Over Tub
  • Kitchen Features: Counter Top
  • Laundry Equipment: Own
  • Equipment: Cable
  • Price Per S Q F T: 162.50

Exterior Features

  • Construction: Stucco
  • Other Features: Rain Gutters, Two On A Lot
  • Foundation Details: Raised
  • Construction: Stucco
  • Construction: Frame and Stucco
  • Number Patio: 2
  • Patio: Covered Porch, Porch - Front
  • Paved: Yes
  • Pool: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Parking Garage: Private Garage
  • Total Parking: 3

Utilities

  • TV Svcs: Cable TV
  • Water District: DWP
  • Water Heater: Water Heater Unit
  • Heating: Wall
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 0
  • Sewer: In Street
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 1058.00
  • Maintenance Expense: 600.00

Lot Info

  • Assessed Improvement Percent: 32.24
  • Assessed Improvement Value: 65241
  • Assessed Land Percent: 67.76
  • Assessed Land Value: 137090
  • Total Assessed Value: 202331
  • Assessor Parcel Number: 5049-011-035
  • Lot Description: Back Yard, Curbs, Exterior Security Lights, Fenced, Gutters, Lawn, Lot Shape-Rectangular, Lot-Level/Flat, Sidewalks, Storm Drains, Street Concrete, Street Lighting, Street Paved, Utilities Underground, Value In Land, Walk Street, Yard
  • Lot Location: City, Flats
  • Lot Size Area: 9749

Rental Info

  • Number Leased: 1
  • Total Actual Rent: 1000.00
  • Garage Rental Rate: 0
  • Land Lease Type: Lease
  • Lease Per Month Year: Year
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas, Move In Fee

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 27.08
  • Number Of Units: 2
  • Number Wall A C: 0
  • Rent Control: 100
  • Total Annual Expense: 5469.04
  • Type Of Units: Two on a Lot
  • Vacancy Allow: 1800
  • Vacancy Allow Percent: 50.00
  • Vacancy Rate: 50%

Tax Info

  • Tax Expense: 2851.00
  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2018
Sold by
Gramcko Jessica
Bought by
Gramcko Jessica and Aguirre Ramon Cesar
Current Estimated Value
$1,185,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Outstanding Balance
$338,898
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$846,825

Purchase Details

Listed on
Apr 20, 2012
Closed on
Aug 29, 2012
Sold by
Lindsey Leonard C and Lindsey Merriam C
Bought by
Gramcko Jessica
Seller's Agent
Monika Bohana
Realty West and Property Management
Buyer's Agent
Monika Bohana
Realty West and Property Management
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%
Original Mortgage
$328,932
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 2006
Sold by
Lindsey Leonard C and Lindsey Merriam C
Bought by
Lindsey Leonard C and Lindsey Merriam C

Purchase Details

Closed on
Sep 20, 2005
Sold by
Lindsey Leonard C and Lindsey Merriam C
Bought by
Lindsey Leonard C and Lindsey Merriam C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 2, 2001
Sold by
Lindsey Leonard C and Lindsey Merriam C
Bought by
Lindsey Leonard C and Lindsey Merriam C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,001
Interest Rate
6.98%

Purchase Details

Closed on
Feb 28, 2001
Sold by
Lindsey Leonard C C and Lindsey C Merriam
Bought by
Lindsey Leonard C and Lindsey Merriam C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,001
Interest Rate
6.98%

Purchase Details

Closed on
May 25, 2000
Sold by
Lindsey Leonard C and Lindsey Merriam C
Bought by
Lindsey Leonard C and Lindsey Merriam C

Purchase Details

Closed on
Mar 11, 1999
Sold by
Lindsey Merriam C and Lindsey Leonard C
Bought by
Lindsey Leonard C and Lindsey Merriam C

Purchase Details

Closed on
Apr 25, 1996
Sold by
Lindsey Merriam C and Lindsey Leonard C
Bought by
Lindsey Leonard C and Lindsey Merriam C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Interest Rate
7.84%
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
Gramcko Jessica -- First American Title Company
Gramcko Jessica $335,000 Fidelity National Title
Lindsey Leonard C -- None Available
Lindsey Leonard C -- --
Lindsey Leonard C -- Gateway Title Company
Lindsey Leonard C -- --
Lindsey Leonard C -- --
Lindsey Leonard C -- Gateway Title Company
Lindsey Leonard C -- --
Lindsey Leonard C -- --
Lindsey Leonard C -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gramcko Jessica $397,000
Closed Gramcko Jessica $328,932
Previous Owner Lindsey Leonard C $257,000
Previous Owner Lindsey Leonard C $150,001
Previous Owner Lindsey Leonard C $100,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2012 09/20/12 Sold $335,000 +3.1% $168 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $325,000 -- $163 / Sq Ft
Source: The MLS

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 $5,299 $498,397 $307,852 $190,545
2024 $5,299 $414,656 $301,816 $112,840
2023 $5,204 $406,527 $295,899 $110,628
2022 $4,974 $398,557 $290,098 $108,459
2021 $4,902 $390,743 $284,410 $106,333
2020 $4,832 $377,198 $281,494 $95,704
2019 $4,650 $369,803 $275,975 $93,828
2018 $4,571 $362,553 $270,564 $91,989
2016 $4,442 $348,476 $260,058 $88,418
2015 $4,380 $343,242 $256,152 $87,090
2014 $4,410 $336,520 $251,135 $85,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-595301

The MLS

APN: 5049-011-035