NOT LISTED FOR SALE

Estimated Value: $1,192,000 - $1,496,441

4 Beds
3 Baths
1,502 Sq Ft
$885/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $1,006,000 $670 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $8,184/month

23 Days on Market

Highlights

  • In Ground Pool
  • Laundry Room
  • Back and Front Yard
  • Walt Disney Elementary School Rated A
  • Level Lot
  • 1-Story Property

About This Home

As of October 2020

2 houses on 1 lot with a pool and patio area!! This 1,502 square foot property is located on a 6,830 square foot lot! The front house is projected at $3,250 per month and features 2 bedrooms; 2 remodeled bathrooms; newer kitchen with stainless steel appliances, quartz countertops, glass tile backsplash; hardwood floors; central heat and air; master suite with 3/4 bath; copper plumbing; new windows; and 2 car garage with laundry area!!! The back house is projected at $1,850 per month and features 2 bedrooms and 1 bathroom! This property has too many features to list!!

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 07/27/2020

Last Buyer's Agent

Imraan Ali

Compass License #01391639

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,004

Year Built

  • Built in 1946

Lot Details

  • 6,830 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Back and Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,502 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 7382
  • Assessor Parcel Number 2447019011

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $2,000
  • Water Sewer Expense $2,000
  • New Taxes Expense $12,375
  • Operating Expense $18,375
  • Gross Income $61,200
  • Net Operating Income $42,825

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,004

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • CapRate: 4.32
  • Property Attached: No
  • Water Sewer Expenses: 2000.00
  • Zoning: BUR1YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 2447019011
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 669.77

Exterior Features

  • Pool Features: Private, Fenced, In Ground
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 2000.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level
  • Lot Size Sq Ft: 6830.00
  • Lot Size Acres: 0.1568

Multi Family

  • Gross Income: 61200.00
  • Gross Multiplier: 16.18
  • Gross Scheduled Income: 61200.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 6830.0000 Square Feet
  • Net Operating Income: 42825.00
  • 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: 18375.00
  • Rent Control: Yes
  • Total Expenses: 18375.00

Tax Info

  • New Taxes Expense: 12375.00
  • Tax Census Tract: 3108.00
  • Tax Lot: 13
  • Tax Tract Number: 7382

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Sep 22, 2020
Sold by
Guetta Debora
Bought by
Guetta Thierry
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Imraan Ali
Compass
List Price
$989,989
Sold Price
$1,006,000
Premium/Discount to List
$16,011
1.62%
Current Estimated Value
$1,328,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,860
Avg. Annual Appreciation
5.84%
Original Mortgage
$653,500
Outstanding Balance
$581,253
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$747,607

Purchase Details

Listed on
Jul 27, 2020
Closed on
Aug 31, 2020
Sold by
Wendler Joel C and Wendler Laura M
Bought by
Guetta Thierry
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Imraan Ali
Compass
List Price
$989,989
Sold Price
$1,006,000
Premium/Discount to List
$16,011
1.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,500
Outstanding Balance
$581,253
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$747,607

Purchase Details

Listed on
Apr 8, 2014
Closed on
Apr 11, 2014
Sold by
Mckenzie Cassandra and Mckenzie Daniel
Bought by
Wendler Joel C and Wendler Laura M
Seller's Agent
German Troncoso
German Troncoso Jr
List Price
$630,000
Sold Price
$640,000
Premium/Discount to List
$10,000
1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%

Purchase Details

Closed on
Jul 1, 2009
Sold by
Kruise Josephine Lee and Josephine Lee Kruise Trust
Bought by
Mckenzie Cassandra and Mckenzie Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,490
Interest Rate
5.59%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2002
Sold by
Kruise Josephine Lee
Bought by
Kruise Josephine Lee and The Josephine Lee Kruise Trust

Purchase Details

Closed on
Dec 11, 2000
Sold by
Kruise Trust Kruise Josephine L Tr Josephine
Bought by
Kruise Josephine Lee

Purchase Details

Closed on
Sep 24, 1999
Sold by
Kruise Josephine L
Bought by
Kruise Josephine Lee and Josephine Lee Kruise Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 1999
Sold by
Kruise Trust Kruise Josephine L Tr Josephine
Bought by
Kruise Josephine Lee and Josephine Lee Kruise Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage
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
Guetta Thierry -- Fidelity National Title Co
Guetta Thierry $1,006,000 Fidelity National Title Co
Wendler Joel C $640,000 Wfg Title Company
Mckenzie Cassandra $525,000 Orange Coast Title Company
Kruise Josephine Lee -- --
Kruise Josephine Lee -- --
Kruise Josephine Lee -- --
Kruise Josephine Lee -- --
Kruise Josephine Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guetta Thierry $653,500
Previous Owner Mckenzie Cassandra $438,750
Previous Owner Mckenzie Cassandra $500,305
Previous Owner Mckenzie Cassandra $515,490
Previous Owner Kruise Josephine Lee $214,000
Previous Owner Kruise Josephine Lee $161,000
Previous Owner Kruise Josephine Lee $7,500
Previous Owner Kruise Josephine Lee $105,000
Previous Owner Kruise Josephine Lee $70,000
Previous Owner Kruise Josephine Lee $40,000
Previous Owner Kruise Josephine Lee $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $1,006,000 +1.6% $670 / Sq Ft
07/27/2020 07/27/20 For Sale $989,989 +54.7% $659 / Sq Ft
05/13/2014 05/13/14 Sold $640,000 +1.6% $426 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $630,000 -- $419 / 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 $12,004 $1,088,924 $872,439 $216,485
2024 $12,004 $1,067,574 $855,333 $212,241
2023 $11,876 $1,046,642 $838,562 $208,080
2022 $11,338 $1,026,120 $822,120 $204,000
2021 $11,298 $1,006,000 $806,000 $200,000
2020 $8,125 $717,367 $425,937 $291,430
2019 $7,885 $703,302 $417,586 $285,716
2018 $7,742 $689,513 $409,399 $280,114
2016 $7,353 $662,740 $393,502 $269,238
2015 $7,204 $652,786 $387,592 $265,194
2014 $6,153 $552,818 $421,196 $131,622
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB20135526

California Regional Multiple Listing Service (CRMLS)

APN: 2447-019-011