NOT LISTED FOR SALE

Estimated Value: $841,000 - $1,282,000

6 Beds
3 Baths
1,720 Sq Ft
$610/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $660,000 $384 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,668/month

28 Days on Market

Highlights

  • Victorian Architecture
  • 4 Car Detached Garage
  • Central Heating and Cooling System
  • Abraham Lincoln High School Rated A
  • Views
  • Water Purifier

About This Home

As of February 2016

Beautiful duplex ready for move-in in the hot new neighborhood of Lincoln Heights! Two detached homes on a lot to be delivered fully vacant. Front house is a 4 bedroom, 2 bath. Back unit is a 1 bedroom, 1 bath with bonus room! Both units feature newer kitchens. Front unit has laundry hook-ups inside, newer HVAC, newer copper plumbing and newer electrical as well as a recently installed tankless water heater. There is a detached 2-car garage with a workshop and extra storage space. Gorgeous flat yard with new irrigation and fresh landscaping! Live in one, rent the other or great rental income property for an investor! Property is located within minutes of schools, parks, plenty of entertainment, 110, 10, and the 5 freeways.

Last Agent to Sell the Property

Julianne Williams

Expansion Real Estate Services License #01935586 Listed on: 01/08/2016

Last Buyer's Agent

Joy Bolger

Compass License #01946243

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,576

Year Built

  • Built in 1902

Lot Details

  • 8,250 Sq Ft Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Duplex
  • Victorian Architecture

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Stacked Washer and Dryer Hookup
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Water Purifier
  • Sewer in Street

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5210-030-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,576

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Victorian
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1720
  • Probate: No
  • Stories: 1
  • Year Built: 1902
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Stackable W/D Hookup, Water Line to Refrigerator, Water Purifier
  • Price Per S Q F T: 400.58

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Detached, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central, Heat Pump(s)
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 84000
  • Assessed Land Value: 336000
  • Assessor Parcel Number: 5210-030-005
  • Geocode Override: No
  • Lot Size Area: 8250

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2020
Sold by
Spmd Llc
Bought by
Phan Stephen Huynh Hai and Phan Mimi Yun
Current Estimated Value
$1,085,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,500
Outstanding Balance
$443,499
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$605,443

Purchase Details

Closed on
Dec 30, 2016
Sold by
Lee Mimi and Phan Stephen
Bought by
Spmd Llc

Purchase Details

Listed on
Jan 8, 2016
Closed on
Jan 20, 2016
Sold by
Mckay Joe and Palmer Holly
Bought by
Lee Mimi and Phan Stephen
Seller's Agent
Julianne Williams
Expansion Real Estate Services
Buyer's Agent
Joy Bolger
Compass
List Price
$689,000
Sold Price
$660,000
Premium/Discount to List
-$29,000
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Original Mortgage
$528,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2015
Closed on
Mar 11, 2015
Sold by
Ocean Ridge Equities Llc
Bought by
Mckay Joe and Palmer Holly
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Julianne Williams
Expansion Real Estate Services
List Price
$450,000
Sold Price
$565,000
Premium/Discount to List
$115,000
25.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.98%
Original Mortgage
$452,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2014
Sold by
Lopez Raymundo V and Lopez Ruth
Bought by
Ocean Ridge Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 29, 1996
Sold by
Lopez Raymondo V and Lopez Ruth
Bought by
Lopez Raymundo V and Lopez Ruth
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
Phan Stephen Huynh Hai -- First American Title
Spmd Llc -- Accommodation
Lee Mimi $660,000 Old Republic Title Company
Mckay Joe $565,000 Title 365
Ocean Ridge Equities Llc $260,000 Title 365
Lopez Raymundo V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phan Stephen Huynh Hai $497,500
Previous Owner Lee Mimi $528,000
Previous Owner Mckay Joe $34,619
Previous Owner Mckay Joe $452,000
Previous Owner Ocean Ridge Equities Llc $0
Previous Owner Lopez Raymundo $469,342
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2016 02/25/16 Sold $660,000 -4.2% $384 / Sq Ft
02/05/2016 02/05/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $689,000 +21.9% $401 / Sq Ft
03/18/2015 03/18/15 Sold $565,000 +25.6% $328 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $450,000 -- $262 / Sq Ft
Source: The MLS

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 $9,576 $781,297 $546,910 $234,387
2024 $9,576 $765,979 $536,187 $229,792
2023 $9,394 $750,961 $525,674 $225,287
2022 $8,961 $736,237 $515,367 $220,870
2021 $8,850 $721,802 $505,262 $216,540
2020 $8,938 $714,402 $500,082 $214,320
2019 $8,589 $700,395 $490,277 $210,118
2018 $8,483 $686,663 $480,664 $205,999
2016 $6,994 $573,616 $426,405 $147,211
2015 $5,247 $420,000 $336,000 $84,000
2014 $696 $42,947 $27,375 $15,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-970049

The MLS

APN: 5210-030-005