NOT LISTED FOR SALE

Estimated Value: $465,000 - $632,000

4 Beds
2 Baths
1,400 Sq Ft
$400/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $325,000 $232 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,315/month

3 Days on Market

Highlights

  • Laundry Room
  • No Heating
  • 4-minute walk to North Park
  • Polytechnic High School Rated A-
  • 1-Story Property

About This Home

As of July 2018

Duplex with no common walls. 3 bedroom 2 bath and 1 bedroom 1 bath but this second unit actually has a second bedroom and is in the process of new interior paint, carpet and bathroom rehab. Separate electric meter and water heaters for each. Huge lot size over 10,000 square feet and within walking distance to The Old Spaghetti Factory, Sevillas and downtown. Opportunities are endless..

Last Agent to Sell the Property

RICHARD LEDEZMA

Lakeside Real Estate Inc. License #01319060 Listed on: 07/11/2018

Last Buyer's Agent

RICHARD LEDEZMA

Lakeside Real Estate Inc. License #01319060 Listed on: 07/11/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,954

Year Built

  • Built in 1920

Lot Details

  • 10,019 Sq Ft Lot
  • No Common Walls

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • No Heating
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 211121022

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • New Taxes Expense $1,710
  • Operating Expense $2,710

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,954

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 211121022
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 232.14

Exterior Features

  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Sewer: Unknown

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10019.00

Multi Family

  • Gross Scheduled Income: 2050.00
  • Insurance Expense: 1000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 2050.00
  • Total Expenses: 2710.00

Tax Info

  • New Taxes Expense: 1710.00
  • Tax Census Tract: 304.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Friedman Howard and Friedman David
Bought by
Subramanian Satish and Balasubramaniam Divya
Current Estimated Value
$560,333

Purchase Details

Closed on
Oct 25, 2018
Sold by
Balasubramaniam Divya and Subramanian Satish
Bought by
Subramanian Satish and Balasubramaniam Divya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2018
Closed on
Jul 24, 2018
Sold by
Ledesma Jose
Bought by
Subramanian Satish and Balasubramaniam Divya
Seller's Agent
RICHARD LEDEZMA
Lakeside Real Estate Inc.
Buyer's Agent
RICHARD LEDEZMA
Lakeside Real Estate Inc.
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%

Purchase Details

Listed on
Jul 11, 2018
Closed on
Jul 20, 2018
Sold by
Ledesma Enriqueta
Bought by
Ledesma Jose
Seller's Agent
RICHARD LEDEZMA
Lakeside Real Estate Inc.
Buyer's Agent
RICHARD LEDEZMA
Lakeside Real Estate Inc.
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%

Purchase Details

Closed on
Nov 22, 2005
Sold by
Ledesma Jose
Bought by
Ledesma Jose and Ledesma Enriqueta

Purchase Details

Closed on
Feb 26, 1996
Sold by
Martinez Gloria and Ledesma Lilia
Bought by
Ledesma Jose Antonio and Ledesma Enriqueta
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
Subramanian Satish $108,000 None Listed On Document
Subramanian Satish -- Provident Title Company
Friedman Howard -- Provident Title Company
Subramanian Satish $325,000 Orange Coast Title Company O
Ledesma Jose -- Orange Coast Title Company O
Ledesma Jose -- --
Ledesma Jose -- --
Ledesma Jose Antonio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Subramanian Satish $160,000
Previous Owner Subramanian Satish $166,000
Previous Owner Ledesma Jose $101,550
Previous Owner Ledesma Jose Antonio $150,000
Previous Owner Ledesma Jose Antonio $120,000
Previous Owner Ledesma Jose Antonio $83,000
Previous Owner Ledesma Jose Antonio $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2018 07/27/18 Sold $325,000 -7.1% $232 / Sq Ft
07/14/2018 07/14/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $350,000 -- $250 / 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 $3,954 $416,265 $112,332 $303,933
2023 $3,954 $348,459 $80,413 $268,046
2022 $3,865 $341,628 $78,837 $262,791
2021 $3,819 $334,931 $77,292 $257,639
2020 $3,790 $331,498 $76,500 $254,998
2019 $3,719 $324,999 $75,000 $249,999
2018 $1,740 $148,183 $51,697 $96,486
2017 $1,710 $145,279 $50,684 $94,595
2016 $1,604 $142,432 $49,691 $92,741
2015 $1,581 $140,295 $48,946 $91,349
2014 $1,565 $137,548 $47,988 $89,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18167030

California Regional Multiple Listing Service (CRMLS)

APN: 211-121-022