NOT LISTED FOR SALE
4 Beds
6 Baths
-- Sq Ft
1.21 Acre Lot

Sale Details

Date Sold: November 23, 2015

Last sale price $7,600,000

164 Days on Market

Highlights

  • 52,708 Sq Ft lot
  • Air Conditioning
  • Central Heating
  • Beechwood Elementary School Rated A

About This Home

As of November 2015

Ivy Lane Town homes is a 15 unit apartment community with the ability to convert to condos. Each unit is approximately 1910 to 2070 square feet in size. The unit mix consists of 4- 2 bed 2.5 bath with porch and 11- 2 bed 3.5 bath with Den and Patio. Five of the 2/3.5 have game rooms that have been converted to a 3rd bedroom. The property is located in an affluent area with great Schools and an AHHI- 1 mile of $116,066.

Last Agent to Sell the Property

Daniel Blackwell

CB Richard Ellis, Inc. License #01854961 Listed on: 05/29/2015

Last Buyer's Agent

Steve Song

LA 1 Realty, Inc. License #01824116

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2011

Lot Details

  • 1.21

Parking

  • 2 Car Garage

Utilities

  • Air Conditioning
  • Central Heating

Additional Features

  • 3-Story Property
  • 1.21 Acre Lot

Community Details

  • 3 Buildings
  • 15 Units

Listing and Financial Details

  • Assessor Parcel Number 293-231-16

Property Details

Home Type

Multi-Family

Year Built

Built in 2011

Lot Details

1.21 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Stories: 3
  • Year Built: 2011
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 11

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 4316452
  • Assessed Land Value: 1831332
  • Assessor Parcel Number: 293-231-16
  • Geocode Override: No
  • Lot Size Area: 52708

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 17.32
  • Number Of Units: 15
  • Type Of Units: Townhomes

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2015
Closed on
Oct 26, 2015
Sold by
Giang & Taing Llc
Bought by
Seller's Agent
Daniel Blackwell
CB Richard Ellis, Inc.
Buyer's Agent
Steve Song
LA 1 Realty, Inc.
List Price
$7,650,000
Sold Price
$7,600,000
Premium/Discount to List
-$50,000
-0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$914,717
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2012
Sold by
Foremost Assets Llc
Bought by
Giang & Taing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,940,000
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 14, 2011
Sold by
Nevis Capital Llc
Bought by
Foremost Assets Llc

Purchase Details

Closed on
May 11, 2011
Sold by
Shivam Casitas Llc
Bought by
Nevis Capital Llc

Purchase Details

Closed on
May 14, 2007
Sold by
Shivam Casitas Llc
Bought by
Shivam Casitas Llc

Purchase Details

Closed on
Mar 21, 2007
Sold by
Manaktala Surinder and Manaktala Susham M
Bought by
Shivam Casitas Llc

Purchase Details

Closed on
Apr 3, 2006
Sold by
Sanchez Maximino and Acevedo Juanita
Bought by
Manaktala Surinder Mohan and Manaktala Sushak Mohan
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$7,600,000 Chicago Title Company
Giang & Taing Llc $6,000,000 Fidelity National Title
Foremost Assets Llc $1,115,000 --
Nevis Capital Llc $3,553,096 Accommodation
Shivam Casitas Llc -- Chicago Title Co
Shivam Casitas Llc -- Accommodation
Manaktala Surinder Mohan $2,400,000 Equity Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,200,000
Previous Owner Giang & Taing Llc $2,940,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/23/2015 11/23/15 Sold $7,600,000 -0.7% --
11/09/2015 11/09/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $7,650,000 -- --
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $102,459 $9,176,797 $3,658,789 $5,518,008
2025 $98,424 $8,996,860 $3,587,048 $5,409,812
2024 $98,424 $8,820,451 $3,516,713 $5,303,738
2023 $96,070 $8,647,501 $3,447,757 $5,199,744
2022 $95,474 $8,477,943 $3,380,154 $5,097,789
2021 $93,811 $8,311,709 $3,313,876 $4,997,833
2020 $93,310 $8,226,483 $3,279,896 $4,946,587
2019 $90,845 $8,065,180 $3,215,584 $4,849,596
2018 $85,913 $7,907,040 $3,152,534 $4,754,506
2017 $84,471 $7,752,000 $3,090,719 $4,661,281
2016 $82,674 $7,600,000 $3,030,116 $4,569,884
2015 $67,336 $6,270,616 $1,867,922 $4,402,694
2014 $65,362 $6,147,784 $1,831,332 $4,316,452
Source: Public Records

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Map

Source: The MLS

MLS Number: 15-909679

The MLS
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