NOT LISTED FOR SALE

3232 Palm Ave Lynwood, CA 90262

Estimated Value: $654,000 - $824,000

4 Beds
2 Baths
1,754 Sq Ft
$427/Sq Ft Est. Value

Last Sold June 28, 2012

Last sale price $302,000 $172 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $4,447/month

12 Days on Market

About This Home

As of June 2012

Standard sale!! Large duplex on a huge lot. Move in condition!!! Front unit is a 3bed/1bath. Back unit is 1bed/1bath. The front unit has granite in the kitchen and new carpet throughout. The back unit has newer cabinets and granite in the kitchen and new carpet throughout. Oversized garage and tons of space for parking. Both units are move-in ready. Perfect for an owner occupant or as a rental property.

Last Agent to Sell the Property

Megan Edner

Edner & Associates Real Estate Services License #01437099 Listed on: 05/10/2012

Last Buyer's Agent

Ronald bustamante

Ronald G. Bustamante Jr. License #01449746

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,723

Year Built

  • Built in 1938

Lot Details

  • 8,128

Parking

  • 2 Car Garage

Home Design

  • 1,754 Sq Ft Home
  • Tudor Architecture
  • Stucco

Additional Features

  • 8,128 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 3025
  • Assessor Parcel Number 6176011005

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,723

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Tudor
  • Property Type: Residential Income
  • Parcel Number: 6176011005
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 172.18

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Concrete
  • Total Parking Spaces: 6.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8128.00
  • Lot Size Acres: 0.1870

Multi Family

  • Lot Size Area: 8128.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 6089
  • Tax Lot: 11
  • Tax Tract Number: 3025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2017
Sold by
Galicia Juan C and Galicia Manuel De Jesus
Bought by
Galicia Juan C and Galicia Manuel De Jesus
Total Days on Market
12
Current Estimated Value
$748,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,558
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2012
Closed on
Jun 25, 2012
Sold by
Galicia Zoila E
Bought by
Galicia Manuel De Jesus
Seller's Agent
Megan Edner
Edner & Associates Real Estate Services
Buyer's Agent
Ronald bustamante
Ronald G. Bustamante Jr.
List Price
$274,900
Sold Price
$302,000
Premium/Discount to List
$27,100
9.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$296,530
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2011
Sold by
Wells Fargo Bank National Association
Bought by
Edner Megan

Purchase Details

Closed on
Apr 25, 2011
Sold by
Flores Isaias
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Aug 10, 2009
Sold by
Flores Isaias
Bought by
Flores Isaias and Cruz Jose

Purchase Details

Closed on
Feb 8, 2006
Sold by
Rico Guadalupe and Rico Micaela
Bought by
Flores Isaias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 27, 2003
Sold by
Hernandez Gabriel
Bought by
Rico Guadalupe and Rico Micaela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.97%

Purchase Details

Closed on
Aug 11, 1997
Sold by
Hernandez Gabriela
Bought by
Hernandez Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,788
Interest Rate
7.45%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 1997
Sold by
Rico Julio and Rico Lilia
Bought by
Rico Guadalupe and Rico Micaela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,788
Interest Rate
7.45%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Galicia Juan C -- None Available
Galicia Manuel De Jesus -- Premium Title Of California
Galicia Juan Carlos -- Premium Title Of California
Galicia Juan Carlos $302,000 Premium Title Of California
Edner Megan $154,000 Premium Title Of California
Wells Fargo Bank National Association $262,000 Accommodation
Flores Isaias -- None Available
Flores Isaias $520,000 Ticor Title Co Glendale
Rico Guadalupe -- --
Hernandez Gabriel -- --
Rico Guadalupe -- Orange Coast
Hernandez Gabriel -- Chicago Title Co
Rico Guadalupe $140,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galicia Manuel De Jesus $258,000
Closed Galicia Juan C $278,558
Closed Galicia Juan Carlos $296,530
Previous Owner Flores Isaias $104,000
Previous Owner Flores Isaias $416,000
Previous Owner Rico Guadalupe $209,922
Previous Owner Rico Guadalupe $160,000
Previous Owner Rico Guadalupe $135,432
Previous Owner Rico Guadalupe $135,788
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2012 06/28/12 Sold $302,000 +9.9% $172 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $274,900 -- $157 / 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
2024 $5,723 $371,878 $219,187 $152,691
2023 $5,683 $364,588 $214,890 $149,698
2022 $5,487 $357,440 $210,677 $146,763
2021 $5,291 $350,433 $206,547 $143,886
2020 $5,085 $346,841 $204,430 $142,411
2019 $5,411 $340,041 $200,422 $139,619
2018 $4,909 $333,375 $196,493 $136,882
2016 $4,579 $320,432 $188,864 $131,568
2015 $4,489 $315,620 $186,028 $129,592
2014 $4,394 $309,438 $182,384 $127,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1202585

California Regional Multiple Listing Service (CRMLS)

APN: 6176-011-005