NOT LISTED FOR SALE

Estimated Value: $866,000 - $1,053,000

2 Beds
2 Baths
1,340 Sq Ft
$732/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $500,000 $373 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $5,959/month

Highlights

  • No HOA
  • Central Heating
  • 2-minute walk to Rose Park
  • Woodrow Wilson High School Rated A

About This Home

As of July 2014

Welcome home to 3122 E 8th Street! Located just a block from the famed Rose Park, this gorgeous California bungalow is located in an award winning neighborhood and has income generating possibilities with two homes on one lot! A spacious front porch and lilac jacarandas greet your arrival to this charming property. There are many classic architectural touches in each home, such as period moldings, windows, and hardware. The front home is a special space with a layout geared for entertaining; the integrated living and dining room is brightened by multiple spacious windows, a skylight, and French doors leading to the side yard—and is tied to together by the gleaming hardwood flooring throughout. The bright white kitchen is super clean and very functional with plenty of cabinets for storage. The updated bathroom features an oversized glass block shower stall and is brightened by both a skylight and reflective light from the white vanity and white floor tiles. The front home has many possibilities for memories on the large side deck; bring on the summer barbeques! Investors will be delighted, you can easily live in the front home and rent the separate rear house to help pay for your mortgage.

Last Agent to Sell the Property

Jeff Anderson

eXp Realty of California Inc License #01729514 Listed on: 07/31/2014

eXp Realty of California Inc

Co-Listed By

Torey Carrick

eXp Realty of California Inc License #01878468

Last Buyer's Agent

Jason Orefice

The Realestate Group License #01502683

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,848

Year Built

  • Built in 1922

Lot Details

  • 3,986 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • 1,340 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 7258020007

Community Details

Overview

  • No Home Owners Association
  • 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

$7,848

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 7258020007
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 373.13

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 3986.00
  • Lot Size Acres: 0.0920

Multi Family

  • Lot Size Area: 3986.0000 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: 6
  • Tax Tract Number: 000
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2018
Sold by
Degrasse Jessica and Degrassse Jason
Bought by
Degrasse Jason
Current Estimated Value
$981,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2017
Sold by
Degrasse Jessica and Degrasse Jessica M
Bought by
Degrasse Jessica and Degrasse Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,600
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 31, 2014
Closed on
Jul 25, 2014
Sold by
King Georgina Mae and Robert L Arthur Revocable Trus
Bought by
Degrasse Jessica M
Seller's Agent
Jeff Anderson
eXp Realty of California Inc
Buyer's Agent
Jason Orefice
The Realestate Group
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$490,943
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 31, 2014
Closed on
Jul 16, 2014
Sold by
Degrasse Jason Leo and Degrasse Jessica M
Bought by
Degrasse Jessica M
Seller's Agent
Jeff Anderson
eXp Realty of California Inc
Buyer's Agent
Jason Orefice
The Realestate Group
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,943
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 2006
Sold by
Arthur Robert
Bought by
Livi Arthur Robert L and Livi Robert L Arthur Revocable
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
Degrasse Jason -- Stewart Title Of California
Degrasse Jessica -- Title 365 Company
Degrasse Jessica M $500,000 Fidelity National Title Co
Degrasse Jessica M -- Fidelity National Title Co
Livi Arthur Robert L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degrasse Jason $527,500
Closed Degrasse Jason $536,000
Closed Degrasse Jason $538,500
Closed Degrasse Jessica $540,600
Closed Degrasse Jessica M $490,943
Previous Owner Arthur Robert $102,986
Previous Owner Arthur Robert $121,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $500,000 0.0% $373 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $499,900 -- $373 / 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 $7,848 $609,414 $450,688 $158,726
2024 $7,848 $597,465 $441,851 $155,614
2023 $7,716 $585,751 $433,188 $152,563
2022 $7,244 $574,267 $424,695 $149,572
2021 $7,100 $563,008 $416,368 $146,640
2020 $6,989 $549,464 $412,099 $137,365
2019 $6,907 $538,691 $404,019 $134,672
2018 $6,694 $528,130 $396,098 $132,032
2016 $6,160 $507,624 $380,718 $126,906
2015 $5,912 $500,000 $375,000 $125,000
2014 $2,669 $208,424 $173,095 $35,329
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14162965

California Regional Multiple Listing Service (CRMLS)

APN: 7258-020-007