NOT LISTED FOR SALE

Estimated Value: $614,235 - $795,000

3 Beds
3 Baths
1,404 Sq Ft
$505/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $395,000 $281 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,368/month

29 Days on Market

About This Home

As of October 2014

Attention buyers, this an excellent opportunity to buy in one of the best areas of Huntington Park. This is beautiful two unit duplex located in the most wanted area of Walnut Park. Front unit has been recently upgraded, new kitchen cabinets and granite countertops, new interior and exterior paint, cozy fireplace and laundry room, it is a MUST SEE, this offer won't last! This property is perfect for first time buyers looking to generate some great income from the back unit, or for an investor looking for positive cash flow. The property is located in the Walnut Park area close to all the major shopping centers and stores. Great rental area!!! Front unit is VACANT and back unit is tenants occupied.

Last Agent to Sell the Property

Amanda Estrada

Big Block Powerhouse Realty License #01911552 Listed on: 09/09/2014

Last Buyer's Agent

Letty Michel

Century 21 Allstars License #01243250

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,070

Year Built

  • Built in 1923

Lot Details

  • 5,523 Sq Ft Lot
  • No Common Walls
  • Back Yard

Home Design

  • 1,404 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 102
  • Tax Tract Number 2262
  • Assessor Parcel Number 6212003017

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,070

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Other Phone Number: 5624183483
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6212003017
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 281.34

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5523.00
  • Lot Size Acres: 0.1270

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Lot Size Area: 5523.0000 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: No

Tax Info

  • Tax Lot: 102
  • Tax Tract Number: 2262
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2014
Closed on
Sep 19, 2014
Sold by
Willmax Management Group Inc
Bought by
Madrid Rivera Jr Jose L and Madrid Rivera Wendy O
Seller's Agent
Amanda Estrada
Big Block Powerhouse Realty
Buyer's Agent
Letty Michel
Century 21 Allstars
List Price
$389,000
Sold Price
$395,000
Premium/Discount to List
$6,000
1.54%
Current Estimated Value
$709,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,309
Avg. Annual Appreciation
5.36%
Original Mortgage
$387,845
Interest Rate
4.08%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2014
Sold by
Barraza Liliana and Estrada Armando B
Bought by
Willmax Management Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2014
Sold by
Gutierrez Freddy A and Carillo Miguel P
Bought by
Barraza Liliana and Estrada Armando B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2011
Sold by
Duran Gloria
Bought by
Gutierrez Freddy A and Carillo Miguel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,535
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 2006
Sold by
Duran Sergio
Bought by
Duran Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
8.18%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 26, 2005
Sold by
Montecino Martha R
Bought by
Vargas Marina

Purchase Details

Closed on
Dec 2, 2004
Sold by
Devargas Marina Magdalena Vanegas and Vargas Marina
Bought by
Duran Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Madrid Rivera Jr Jose L $395,000 Pacific Coast Title
Willmax Management Group Inc $275,000 Pacific Coast Title Company
Barraza Liliana -- Lawyers Title
Gutierrez Freddy A $255,000 Itc
Duran Gloria -- Commonwealth Land Title Co
Duran Gloria -- Commonwealth Land Title Co
Vargas Marina -- --
Duran Sergio $345,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Jose L $360,400
Closed Rivera Jose L $383,500
Closed Rivera Jose L $389,522
Closed Rivera Jose L $388,921
Closed Madrid Rivera Jr Jose L $387,845
Previous Owner Willmax Management Group Inc $275,000
Previous Owner Gutierrez Freddy A $249,319
Previous Owner Gutierrez Freddy A $248,535
Previous Owner Duran Gloria $370,000
Previous Owner Duran Sergio $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2014 10/17/14 Sold $395,000 +1.5% $281 / Sq Ft
10/08/2014 10/08/14 Pending -- -- --
09/09/2014 09/09/14 For Sale $389,000 -- $277 / 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 $7,070 $474,722 $276,420 $198,302
2024 $7,070 $465,414 $271,000 $194,414
2023 $6,616 $456,289 $265,687 $190,602
2022 $6,236 $447,343 $260,478 $186,865
2021 $6,058 $438,572 $255,371 $183,201
2020 $6,100 $434,076 $252,753 $181,323
2019 $5,877 $425,566 $247,798 $177,768
2018 $5,744 $417,223 $242,940 $174,283
2016 $5,501 $401,023 $233,507 $167,516
2015 $5,418 $395,000 $230,000 $165,000
2014 $4,002 $261,280 $153,694 $107,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14194315

California Regional Multiple Listing Service (CRMLS)

APN: 6212-003-017