NOT LISTED FOR SALE

Estimated Value: $666,000 - $805,000

3 Beds
2 Baths
1,631 Sq Ft
$445/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $270,000 $166 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $4,171/month

165 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No Heating

About This Home

As of April 2013

Take a look at this 2-unit property, which features Hardwood Flooring, a Fully Fenced Yard, and Updated Tile Counters in the Kitchen. Unit 1 (296 E. Norton St.) features 2 bedrooms, 1 1/2 bathrooms, and a 2-car garage, while Unit 2( 5625 Locust Ave.) features 1 bedroom, 1 bathroom and a 1-car garage. Located in a great residential neighborhood, convenient to DeForest Park, Jordan High School, and the 710 and 91 freeways. Don't miss this chance for your very own Income Property!

Last Agent to Sell the Property

Caroline Gim

Expert Real Estate & Investment License #01366389 Listed on: 07/26/2012

Co-Listed By

Aurora Gim

Expert Real Estate & Investment License #00899718

Last Buyer's Agent

Scott Fredrickson

Pac West Properties License #01000840

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 4,940

Parking

  • 3 Car Garage

Home Design

  • 1,631 Sq Ft Home
  • Traditional Architecture
  • Composition Roof
  • Stucco

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • 4,940 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 62
  • Tax Tract Number 7309
  • Assessor Parcel Number 7126015034

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • View: No
  • Zoning: Lbr1n
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7126015034
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Tile, Wood
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 165.54

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4940.00
  • Lot Size Acres: 0.1130

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 4992
  • Tax Lot: 62
  • Tax Tract Number: 7309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2012
Closed on
Apr 8, 2013
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Delgado Miriam L
Seller's Agent
Caroline Gim
Expert Real Estate & Investment
Buyer's Agent
Scott Fredrickson
Pac West Properties
List Price
$270,000
Sold Price
$270,000
Current Estimated Value
$725,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,953
Avg. Annual Appreciation
8.08%
Original Mortgage
$279,060
Outstanding Balance
$197,246
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$528,707

Purchase Details

Closed on
Jun 7, 2012
Sold by
Martinez Eligio and Rodriguez Martin
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 15, 2010
Sold by
Martinez Eligio and Rodriguez Martin
Bought by
Rodriguez Martin and Rodriguez Luis Antonio

Purchase Details

Closed on
Sep 17, 2008
Sold by
Residential Mortgage Solutions Llc
Bought by
Rms Residential Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,993
Interest Rate
6.43%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 2008
Sold by
Rms Residential Properties Llc
Bought by
Martinez Eligio and Rodriguez Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,993
Interest Rate
6.43%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2007
Sold by
Rios George
Bought by
Residential Mortgage Solutions Llc and Specialized Loan Servicing Llc

Purchase Details

Closed on
Dec 28, 2005
Sold by
Alpha Properties
Bought by
Rios George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,200
Interest Rate
8.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 13, 2005
Sold by
Langarica Gloria
Bought by
Alpha Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,200
Interest Rate
8.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 9, 2005
Sold by
Javalera Angel J and Javalera Juana
Bought by
Langarica Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
8.1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 16, 2003
Sold by
Javalera Angel J
Bought by
Javalera Angel J and Javalera Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2003
Sold by
Javalera Angel J and Javalera Juana
Bought by
Javalera Angel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2003
Sold by
Javalera Jesus and Javalera Juana
Bought by
Javalera Juana and Javalera Angel J

Purchase Details

Closed on
Aug 19, 1999
Sold by
Federal National Mortgage Association
Bought by
Javalera Jesus and Javalera Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,236
Interest Rate
7.47%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 1999
Sold by
Ray Harold L and Ray Pamela
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Delgado Miriam L $270,000 First American Title Company
Bank Of America Na $500,538 Landsafe Title
The Secretary Of Housing & Urban Develop -- Landsafe Title
Rodriguez Martin -- None Available
Rms Residential Properties Llc -- First American Title Ins Co
Martinez Eligio $392,500 First American Title Ins Co
Residential Mortgage Solutions Llc $485,309 Accommodation
Rios George A $624,000 Fidelity Van Nuys
Alpha Properties -- Fidelity Van Nuys
Langarica Gloria $520,000 --
Javalera Angel J -- --
Javalera Angel J -- Ticor Title
Javalera Juana -- --
Javalera Jesus $154,500 First American Title Co
Federal National Mortgage Association $150,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delgado Miriam L $279,060
Previous Owner Martinez Eligio $388,993
Previous Owner Rios George A $499,200
Previous Owner Langarica Gloria $416,000
Previous Owner Javalera Angel J $173,000
Previous Owner Javalera Jesus $153,236
Closed Javalera Jesus $2,322
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2013 04/19/13 Sold $270,000 0.0% $166 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
07/26/2012 07/26/12 For Sale $270,000 -- $166 / 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 $4,546 $332,475 $209,337 $123,138
2024 $4,546 $325,957 $205,233 $120,724
2023 $4,469 $319,566 $201,209 $118,357
2022 $4,206 $313,301 $197,264 $116,037
2021 $4,116 $307,159 $193,397 $113,762
2020 $4,105 $304,010 $191,414 $112,596
2019 $4,058 $298,050 $187,661 $110,389
2018 $3,867 $292,207 $183,982 $108,225
2017 $3,826 $286,478 $180,375 $106,103
2016 $3,555 $280,862 $176,839 $104,023
2015 $3,416 $276,644 $174,183 $102,461
2014 $3,401 $271,225 $170,771 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P829872

California Regional Multiple Listing Service (CRMLS)

APN: 7126-015-034