NOT LISTED FOR SALE

282 W 12th St San Pedro, CA 90731

Estimated Value: $886,000 - $1,019,118

4 Beds
3 Baths
2,233 Sq Ft
$422/Sq Ft Est. Value

Last Sold December 29, 2014

Last sale price $410,000 $184 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $5,435/month

38 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • 2 Car Garage
  • Neighborhood Views
  • Floor Furnace

About This Home

As of December 2014

Welcome home to 282 and 284 W 12th Street!! Bring your paint brush and imagination! Great investment opportunity - two separate buildings. The front unit is 2 bedrooms and 2 bathrooms and one level. The rear unit is above the two car garage and is 2 bedrooms and 1 bathroom. Small living area located next to garage - permits unknown. Close to local support facilities, The Port of Los Angeles, schools, shopping and freeways. Also located close to Marinas, bike and walking path, 22nd Street Park and Cabrillo Beach.

Last Agent to Sell the Property

Rob Buchan

Keller Williams Realty License #00687340 Listed on: 11/11/2014

Keller Williams Realty

Last Buyer's Agent

Victor Martinez

Keller Williams Realty License #01509678

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,106

Year Built

  • Built in 1963

Lot Details

  • 4,800 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 2,233 Sq Ft Home
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7456005022

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $5,687

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,106

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7456005022
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 183.61

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4800.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lot Size Area: 4800.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 5687.00
  • Tax Lot: 1
  • Tax Tract Number: 0000
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2014
Closed on
Dec 23, 2014
Sold by
Fannie Mae
Bought by
Madrigal Jose A and Madrigal Mario A
Seller's Agent
Rob Buchan
Keller Williams Realty
Buyer's Agent
Victor Martinez
Keller Williams Realty
List Price
$454,900
Sold Price
$410,000
Premium/Discount to List
-$44,900
-9.87%
Current Estimated Value
$941,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$531,280
Avg. Annual Appreciation
7.98%
Original Mortgage
$402,573
Outstanding Balance
$308,823
Interest Rate
3.96%
Mortgage Type
FHA
Estimated Equity
$632,457

Purchase Details

Listed on
Nov 11, 2014
Closed on
Dec 22, 2014
Sold by
Prado Rocio Cerda and Madrigal Jose A
Bought by
Madrigal Jose A and Madrigal Mario A
Seller's Agent
Rob Buchan
Keller Williams Realty
Buyer's Agent
Victor Martinez
Keller Williams Realty
List Price
$454,900
Sold Price
$410,000
Premium/Discount to List
-$44,900
-9.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,573
Outstanding Balance
$308,823
Interest Rate
3.96%
Mortgage Type
FHA
Estimated Equity
$632,457

Purchase Details

Closed on
Oct 14, 2013
Sold by
Gardenswartz Bryan
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 12, 2010
Sold by
Gardenswartz Bryan
Bought by
Gardenswartz Bryan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2002
Sold by
Lafata Matteo
Bought by
Gardenswartz Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.55%
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
Madrigal Jose A $410,000 Old Republic Title Company
Madrigal Jose A -- Old Republic Title Company
Federal National Mortgage Association $405,709 None Available
Gardenswartz Bryan M -- Fidelity National Title
Gardenswartz Bryan $300,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madrigal Jose A $402,573
Previous Owner Gardenswartz Bryan M $135,000
Previous Owner Gardenswartz Bryan $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2014 12/29/14 Sold $410,000 -9.9% $184 / Sq Ft
11/01/2014 11/01/14 Pending -- -- --
09/24/2014 09/24/14 For Sale $454,900 -- $204 / 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 $6,106 $492,750 $360,551 $132,199
2024 $6,106 $483,089 $353,482 $129,607
2023 $5,991 $473,617 $346,551 $127,066
2022 $5,716 $464,331 $339,756 $124,575
2021 $5,636 $455,228 $333,095 $122,133
2020 $5,689 $450,561 $329,680 $120,881
2019 $5,469 $441,727 $323,216 $118,511
2018 $5,396 $433,067 $316,879 $116,188
2017 $5,278 $424,576 $310,666 $113,910
2016 $5,139 $416,252 $304,575 $111,677
2015 $5,065 $410,000 $300,000 $110,000
2014 $4,564 $360,000 $160,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14208324

California Regional Multiple Listing Service (CRMLS)

APN: 7456-005-022