NOT LISTED FOR SALE

Estimated Value: $1,119,000 - $1,437,000

3 Beds
2 Baths
1,678 Sq Ft
$779/Sq Ft Est. Value

Last Sold October 11, 2016

Last sale price $835,000 $498 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,147/month

13 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Crown Molding
  • Woodrow Wilson High School Rated A
  • Corner Lot
  • Cooling Available

About This Home

As of October 2016

Great opportunity to own this two unit gem in a great neighborhood. Also known as 2905 E 3rd St., this 1919 craftsman home has been restored while maintaining the charm of a bygone era. Its the perfect set up to live in one and rent the other. Main house consists of 2 bedrooms, 1 bathroom, huge living room with river rock mock-fireplace and a large kitchen. Inside laundry and private back yard leading to a 1 car garage. Refinished original hardwood floors thruout. Double hung windows. Beautiful stained glass print windows. Custom built wall units and cabinets. Original kitchen tile counters and backsplash. Claw foot tub. Ceiling fans. 2nd unit is a cute 1 bedroom nicely upgraded cottage with original features similar to the main house. it also has a private rear yard and 1 car garage. Tons of charm. Both units have full size laundry. Newer paint inside and out. Newer roof. Newer electric and plumbing. Brand new landscape in front. Large corner lot. Fantastic curb appeal. Walking distance to an eclectic shopping & dining district. Just a short walk to the beach. Close to downtown and Belmont Shore. Easy freeway access. This home has it all!

Last Agent to Sell the Property

Stephen Demos

Coldwell Banker Realty License #01201132 Listed on: 08/23/2016

Coldwell Banker Realty

Last Buyer's Agent

Gary Riphagen

ReMax Tiffany Real Estate License #00626163

ReMax Tiffany Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,244

Year Built

  • Built in 1919

Lot Details

  • 5,400 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Property Attached

Interior Spaces

  • 1,678 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gas Range
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling Available
  • Floor Furnace

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 19
  • Tax Tract Number 5768
  • Assessor Parcel Number 7257023020

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Water Sewer Expense $600
  • New Taxes Expense $10,200
  • Gross Income $3,850
  • Net Operating Income $36,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,244

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Refrigerator, washer & dryer
  • Property Attached: Yes
  • Subdivision Name Other: Bluff Heights Historic District
  • Water Sewer Expenses: 600.00
  • Zoning: LBR2A
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 7257023020
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Tile Counters
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 497.62
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Corner Lot
  • Lot Size Sq Ft: 5400.00
  • Price Per Lot Square Foot: 157.22

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 678
  • Average2 Bed Area: 1000
  • Gross Income: 3850.00
  • Gross Scheduled Income: 46200.00
  • Insurance Expense: 800.00
  • Net Operating Income: 36960.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Drapes: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 9240.00
  • Rent Control: No
  • Total Actual Rent: 3850.00

Tax Info

  • New Taxes Expense: 10200.00
  • Tax Lot: 19
  • Tax Tract Number: 5768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2016
Closed on
Nov 9, 2016
Sold by
Moore Timothy
Bought by
Moore Timothy and Moore Karen
Seller's Agent
Stephen Demos
Coldwell Banker Realty
Buyer's Agent
Gary Riphagen
ReMax Tiffany Real Estate
List Price
$849,000
Sold Price
$835,000
Premium/Discount to List
-$14,000
-1.65%
Current Estimated Value
$1,307,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,939
Avg. Annual Appreciation
5.20%

Purchase Details

Listed on
Aug 23, 2016
Closed on
Sep 14, 2016
Sold by
Moore Karen
Bought by
Moore Timothy and Moore Karen
Seller's Agent
Stephen Demos
Coldwell Banker Realty
Buyer's Agent
Gary Riphagen
ReMax Tiffany Real Estate
List Price
$849,000
Sold Price
$835,000
Premium/Discount to List
-$14,000
-1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,000
Outstanding Balance
$536,457
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$771,482

Purchase Details

Listed on
Aug 23, 2016
Closed on
Sep 7, 2016
Sold by
Elliott Jon C
Bought by
Webster Christian and Riphagen Adriana
Seller's Agent
Stephen Demos
Coldwell Banker Realty
Buyer's Agent
Gary Riphagen
ReMax Tiffany Real Estate
List Price
$849,000
Sold Price
$835,000
Premium/Discount to List
-$14,000
-1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,000
Outstanding Balance
$536,457
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$771,482

Purchase Details

Listed on
Sep 2, 2015
Closed on
Sep 17, 2015
Sold by
Endersen Terence L
Bought by
Elliott Lance Alton
Seller's Agent
Mike Norton
Seven Gables Real Estate
Buyer's Agent
Susan Boyle
Reel Properties
List Price
$724,950
Sold Price
$746,000
Premium/Discount to List
$21,050
2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.81%

Purchase Details

Closed on
Jan 20, 2012
Sold by
Endersen Terence L
Bought by
Endersen Terence L and The Terence L Endersen Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,890
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2006
Sold by
Endersen Terence L
Bought by
Endersen Terence L and Terence L Endersen Living Trust

Purchase Details

Closed on
Dec 6, 2002
Sold by
Endersen Terence L
Bought by
Endersen Terence L and Terence L Endersen Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,500
Interest Rate
6.28%
Mortgage Type
Unknown

Purchase Details

Closed on
May 17, 2002
Sold by
Preston Jill K
Bought by
Endersen Terence L and Terrence L Endersen Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,550
Interest Rate
6.78%

Purchase Details

Closed on
Sep 18, 1998
Sold by
Fadler Howard J
Bought by
Fadler Howard J and The Howard J Fadler Revocable Trust

Purchase Details

Closed on
Mar 9, 1994
Sold by
Preston Charles
Bought by
Preston Charles
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Moore Timothy -- None Available
Moore Timothy -- None Available
Moore Karen -- None Available
Webster Christian $835,000 First American Title Company
Elliott Lance Alton $746,000 First American Title Company
Endersen Terence L -- Accommodation
Endersen Terence L -- First American Title Company
Endersen Terence L -- None Available
Endersen Terence L -- Commonwealth
Endersen Terence L $329,500 First Southwestern Title Co
Fadler Howard J -- --
Preston Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webster Christian $668,000
Previous Owner Endersen Terence L $256,890
Previous Owner Endersen Terence L $296,500
Previous Owner Endersen Terence L $296,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2016 10/11/16 Sold $835,000 -1.6% $498 / Sq Ft
08/23/2016 08/23/16 For Sale $849,000 +13.8% $506 / Sq Ft
10/07/2015 10/07/15 Sold $746,000 +2.9% $445 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
09/02/2015 09/02/15 For Sale $724,950 -- $432 / 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 $12,244 $969,084 $736,970 $232,114
2024 $12,244 $950,083 $722,520 $227,563
2023 $12,040 $931,454 $708,353 $223,101
2022 $11,297 $913,191 $694,464 $218,727
2021 $11,078 $895,287 $680,848 $214,439
2019 $10,920 $868,734 $660,654 $208,080
2018 $10,626 $851,700 $647,700 $204,000
2017 $55 $835,000 $635,000 $200,000
2016 $8,937 $746,000 $600,000 $146,000
2015 $4,775 $397,066 $243,423 $153,643
2014 $4,747 $389,289 $238,655 $150,634
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16186841

California Regional Multiple Listing Service (CRMLS)

APN: 7257-023-020