NOT LISTED FOR SALE

3141 Norton Ave Lynwood, CA 90262

Estimated Value: $763,000 - $833,849

1 Bed
1 Bath
1,960 Sq Ft
$407/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $425,000 $217 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,017/month

125 Days on Market

Highlights

  • Lawn
  • 3 Car Garage
  • 1-Story Property
  • No HOA

About This Home

As of August 2017

New, luscious, green front and side lawns, with new exterior paint, provide a nice & pleasant curb appeal on this duplex. Other features include: security entrance doors on both units; security bars on windows; a wide driveway that leads to a 3-car garage in the back side of property. Garage has 3 separate individual garage doors. The back yard is spacious and can accommodate additional car parking; improved cemented grounds in front of the garage. Good-sized lot. The units are spacious.

Last Agent to Sell the Property

Oscar Plata

Sellers Net Inc License #01248115 Listed on: 02/01/2017

Last Buyer's Agent

Sunshine Coyle-Pardo

RGSC Properties Inc. License #01504416

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,422

Year Built

  • Built in 1949

Lot Details

  • 7,031 Sq Ft Lot
  • Two or More Common Walls
  • Side Yard Sprinklers
  • Lawn
  • Back and Front Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway
  • Assigned Parking

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,960 Sq Ft Home
  • 1-Story Property
  • Window Bars

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 48
  • Tax Tract Number 5259
  • Assessor Parcel Number 6170034010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $360
  • Insurance Expense $397
  • Trash Expense $1,500
  • Water Sewer Expense $1,500
  • New Taxes Expense $5,688
  • Operating Expense $3,757
  • Gross Income $19,200
  • Net Operating Income $15,443

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,422

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Window Bars
  • Water Sewer Expenses: 1500.00
  • Zoning: LYR3YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 6170034010
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 216.84

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Concrete, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Appliances: Water Heater
  • Sewer: Public Sewer
  • Trash Expense: 1500.00

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Lot 6500-9999, Sprinklers On Side
  • Lot Size Sq Ft: 7031.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 980 Square Feet
  • Gross Income: 19200.00
  • Gross Scheduled Income: 19200.00
  • Insurance Expense: 397.00
  • Net Operating Income: 15443.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3757.00
  • Rent Control: No
  • Total Expenses: 3757.00

Tax Info

  • New Taxes Expense: 5688.00
  • Tax Census Tract: 5403.00
  • Tax Lot: 48
  • Tax Tract Number: 5259

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2022
Sold by
Fernandez Jaime L and Fernandez Micaela L
Bought by
Jaime Fernandez And Micaela Merino Trust
Current Estimated Value
$798,212

Purchase Details

Listed on
Feb 1, 2017
Closed on
Jul 20, 2017
Sold by
Williams Carlos
Bought by
Fernandez Jaime and Merino Micaela Leticia
Seller's Agent
Oscar Plata
Sellers Net Inc
Buyer's Agent
Sunshine Coyle-Pardo
RGSC Properties Inc.
List Price
$455,000
Sold Price
$425,000
Premium/Discount to List
-$30,000
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$340,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2016
Sold by
Williams Carlos
Bought by
Williams Carlos and Williams Josephine A
Source: Public Records

Range of Values:

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Average Value
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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
Jaime Fernandez And Micaela Merino Trust -- Law Offices Of James F Miller
Fernandez Jaime -- Law Offices Of James F Miller
Fernandez Jaime $425,000 North American Title
Williams Carlos -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandez Jaime $328,500
Previous Owner Fernandez Jaime $340,000
Previous Owner Williams Carlos $95,000
Previous Owner Williams Carlos $84,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2017 08/18/17 Sold $425,000 -2.3% $217 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
03/16/2017 03/16/17 Price Changed $435,000 -4.4% $222 / Sq Ft
02/01/2017 02/01/17 For Sale $455,000 -- $232 / 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 $8,422 $590,527 $227,563 $362,964
2024 $8,422 $578,949 $223,101 $355,848
2023 $8,361 $567,598 $218,727 $348,871
2022 $8,062 $556,470 $214,439 $342,031
2021 $7,765 $545,560 $210,235 $335,325
2019 $7,958 $529,380 $204,000 $325,380
2018 $7,294 $519,000 $200,000 $319,000
2016 $2,401 $147,814 $75,710 $72,104
2015 $2,356 $145,594 $74,573 $71,021
2014 $2,317 $142,743 $73,113 $69,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17021955

California Regional Multiple Listing Service (CRMLS)

APN: 6170-034-010