NOT LISTED FOR SALE

Estimated Value: $584,000 - $684,411

4 Beds
2 Baths
1,416 Sq Ft
$458/Sq Ft Est. Value

Last Sold September 28, 2012

Last sale price $236,000 $167 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $3,488/month

79 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Laundry Room
  • Centennial High School Rated A-
  • No HOA
  • Wall Furnace

About This Home

As of September 2012

** Two Units ** Standard Sale ** Great Investment property, or Live in one and rent the other ** Each unit has 2 Bedrooms and 1 Bath ** Conviniently located at the corner of E. Grand Blvd and 3Rd St. ** Quick access to 91 Fwy and 15 Fwy ** 2 Parking spots per unit ** Wont Last **

Last Agent to Sell the Property

Eduardo Franco

ALTICORE REALTY License #01342548 Listed on: 06/25/2012

ALTICORE REALTY

Last Buyer's Agent

Joe De La Torre

Legends Realty License #01001150

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,054

Year Built

  • Built in 1965

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot

Home Design

  • 1,416 Sq Ft Home
  • Traditional Architecture
  • Frame Construction
  • Shingle Roof
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Available
  • Driveway

Additional Features

  • Laundry Room
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 18 / 162
  • Tax Tract Number 416
  • Assessor Parcel Number 117124017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $300
  • Water Sewer Expense $1,920
  • New Taxes Expense $3,139
  • Gross Income $1,900
  • Net Operating Income $1,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,054

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Assessments: Yes
  • Water Sewer Expenses: 1920.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 117124017
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Levels: One
  • Price Per Square Foot: 166.67

Exterior Features

  • Roof: Shingle
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 300.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1900.00
  • Gross Scheduled Income: 1900.00
  • Insurance Expense: 800.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 1740.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 160.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3139.00
  • Tax Block: 162
  • Tax Lot: 18
  • Tax Tract Number: 0416
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2012
Sold by
Fuerte Octavio
Bought by
Fuentes Carlos and Fuentes Ruby G
Current Estimated Value
$648,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2002
Sold by
Gomez Rose and Orduno Mary Lou
Bought by
Fuerte Octavio and Fuerte Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2001
Sold by
Hernandez Brenda
Bought by
Murga Carmen

Purchase Details

Closed on
Mar 22, 1994
Sold by
Murga Carmen
Bought by
1994 Carmen Murga Family Trust
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
Fuentes Carlos $235,000 Fidelity National Title Co
Fuerte Octavio $250,000 Orange Coast Title
Murga Carmen $54,000 First American Title Co
1994 Carmen Murga Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fuentes Carlos $164,500
Previous Owner Fuerte Octavio $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2012 09/28/12 Sold $236,000 -1.6% $167 / Sq Ft
09/12/2012 09/12/12 Pending -- -- --
06/25/2012 06/25/12 For Sale $239,900 -- $169 / 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 $1,054 $90,104 $22,526 $67,578
2023 $1,054 $86,606 $21,652 $64,954
2022 $1,022 $84,909 $21,228 $63,681
2021 $1,001 $83,245 $20,812 $62,433
2020 $991 $82,392 $20,599 $61,793
2019 $969 $80,778 $20,196 $60,582
2018 $949 $79,195 $19,801 $59,394
2017 $927 $77,643 $19,413 $58,230
2016 $917 $76,122 $19,033 $57,089
2015 $899 $74,982 $18,749 $56,233
2014 $870 $73,516 $18,383 $55,133
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12079346

California Regional Multiple Listing Service (CRMLS)

APN: 117-124-017