NOT LISTED FOR SALE

3118 Josephine St Lynwood, CA 90262

Estimated Value: $690,000 - $768,000

4 Beds
3 Baths
1,752 Sq Ft
$417/Sq Ft Est. Value

Last Sold March 27, 2012

Last sale price $220,000 $126 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $4,337/month

15 Days on Market

Highlights

  • Contemporary Architecture
  • No Heating
  • 5-minute walk to Rose Park

About This Home

As of March 2012

Great buy on this Bank Owned two unit property. Front Unit: 2 Bedroom 1 Bath, and Rear Unit: 2 Bedroom 1 bath. Large back yard with plenty of parking space. Located near transportation, shopping centers, schools, and near by 105-Freeway. In need of some TLC but priced accordingly.

Last Agent to Sell the Property

Ken Jervis

Century 21 Jervis & Associates License #00834276 Listed on: 02/15/2012

Last Buyer's Agent

Karena Rubio

EXCELLENCE RE REAL ESTATE License #01304833

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,331

Year Built

  • Built in 1924

Lot Details

  • 6,839

Parking

  • 2 Parking Spaces

Home Design

  • 1,752 Sq Ft Home
  • Contemporary Architecture
  • Stucco

Utilities

  • No Heating

Community Details

  • 2 Buildings
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,331

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Price Per Square Foot: 125.57

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2012
Closed on
Mar 9, 2012
Sold by
The Bank Of New York Mellon
Bought by
Rangwala Shabbir H and Rangwala Zehra S
Seller's Agent
Ken Jervis
Century 21 Jervis & Associates
Buyer's Agent
Karena Rubio
EXCELLENCE RE REAL ESTATE
List Price
$204,900
Sold Price
$220,000
Premium/Discount to List
$15,100
7.37%
Current Estimated Value
$729,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,830
Avg. Annual Appreciation
9.40%

Purchase Details

Closed on
Feb 7, 2011
Sold by
Sims Janice D
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 21, 2005
Sold by
Sims Janice D
Bought by
Sims Janice D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2003
Sold by
White James E and White James
Bought by
Sims Janice
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
Rangwala Shabbir H $220,000 Landsafe Title
The Bank Of New York Mellon $238,500 Landsafe Title
Sims Janice D -- Landsafe Title
Sims Janice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sims Janice D $243,500
Previous Owner Sims Janice D $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2012 03/27/12 Sold $220,000 +7.4% $126 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
02/15/2012 02/15/12 For Sale $204,900 -- $117 / 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 $4,331 $276,321 $106,759 $169,562
2024 $4,331 $270,904 $104,666 $166,238
2023 $4,301 $265,593 $102,614 $162,979
2022 $4,155 $260,386 $100,602 $159,784
2021 $4,008 $255,281 $98,630 $156,651
2020 $3,857 $252,664 $97,619 $155,045
2019 $4,093 $247,710 $95,705 $152,005
2018 $3,725 $242,854 $93,829 $149,025
2016 $3,472 $233,426 $90,187 $143,239
2015 $3,406 $229,921 $88,833 $141,088
2014 $3,338 $225,418 $87,093 $138,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1200947

California Regional Multiple Listing Service (CRMLS)

APN: 6168-001-005