NOT LISTED FOR SALE

Estimated Value: $838,000 - $1,198,000

5 Beds
3 Baths
1,704 Sq Ft
$569/Sq Ft Est. Value

Last Sold November 15, 2015

Last sale price $515,000 $302 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,523/month

74 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Laundry Room
  • Wood Flooring
  • Living Room
  • Wood Fence

About This Home

As of November 2015

What a opportunity to own such an investment property situated in a huge lot, 11,217sf. Great Investment property for investor or First time buyers. 2 Units, front unit: 2 bedrooms/1 bath; back unit: 3 bedrooms/ 2baths. Both occupied. Has 2 separate gas and electric meters. Long and big drive way for plenty of parking. Plenty of parking and each unit has plenty of yard for kids to play. Both Units are in Good condition. Walking distance to Riverview West Market place where Walmart located, corner of Harbor and McFadden. Close to Little Saigon.

Last Agent to Sell the Property

Henry Pham

Professional R.E. Center, Inc. License #01886218 Listed on: 07/17/2015

Professional R.E. Center, Inc.

Last Buyer's Agent

Thuong Nguyen

OCPLUS REALTY & MORTGAGE License #01901564

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,193

Year Built

  • Built in 1945

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Back Yard

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,704 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 16 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number 14428123

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $640
  • Water Sewer Expense $600
  • New Taxes Expense $3,966
  • Gross Income $2,950
  • Net Operating Income $29,054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,193

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 600.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 14428123
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 302.23
  • Room Type: Living Room

Exterior Features

  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 11217.00
  • Price Per Lot Square Foot: 47.16
  • Lot Size Acres: 0.2580

Multi Family

  • Gross Income: 2950.00
  • Gross Scheduled Income: 35400.00
  • Insurance Expense: 640.00
  • Lot Size Area: 11217.0000 Square Feet
  • Net Operating Income: 29054.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6346.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3966.00
  • Tax Lot: 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2015
Closed on
Nov 9, 2015
Sold by
Duong Phung T and Ngo Jennifer
Bought by
Nguyen Diana Hoang
Seller's Agent
Henry Pham
Professional R.E. Center, Inc.
Buyer's Agent
Thuong Nguyen
OCPLUS REALTY & MORTGAGE
List Price
$579,000
Sold Price
$515,000
Premium/Discount to List
-$64,000
-11.05%
Current Estimated Value
$899,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,362
Avg. Annual Appreciation
5.84%
Original Mortgage
$385,000
Outstanding Balance
$306,160
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$589,178

Purchase Details

Closed on
Oct 31, 2013
Sold by
Duong Phung Thi Kim and Ngo Jennifer
Bought by
Duong Phung T and Ngo Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,500
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2013
Closed on
Aug 5, 2013
Sold by
Duong Phung Thi Kim
Bought by
Duong Phung Thi Kim and Ngo Jennifer
Seller's Agent
Heather Vu
Home Trade Realty & Funding
Buyer's Agent
Heather Vu
Home Trade Realty & Funding
List Price
$419,900
Sold Price
$430,000
Premium/Discount to List
$10,100
2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$279,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2013
Closed on
Jun 20, 2013
Sold by
Ngo Thanh Huu and Ngo Kim Anh
Bought by
Duong Phung Thi Kim
Seller's Agent
Heather Vu
Home Trade Realty & Funding
Buyer's Agent
Heather Vu
Home Trade Realty & Funding
List Price
$419,900
Sold Price
$430,000
Premium/Discount to List
$10,100
2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2009
Sold by
Ngo Thanh Huu
Bought by
Ngo Thanh Huu and Ngo Kim Anh

Purchase Details

Closed on
Aug 7, 2009
Sold by
#3312 Ca Mille Trust
Bought by
Ngo Thanh Huu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2009
Sold by
Carcia Marleny
Bought by
#3312 Ca Mille Trust Just In Land

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2009
Sold by
Carcia Marleny
Bought by
Saxon Mortgage Services Inc

Purchase Details

Closed on
Dec 17, 2008
Sold by
Ruiz Pedro Romero
Bought by
Paz Jackson

Purchase Details

Closed on
Oct 28, 2008
Sold by
Ruiz Pedro Romero
Bought by
Morrobel Jose

Purchase Details

Closed on
Sep 9, 2008
Sold by
Ruiz Pedro Romero
Bought by
Penners Jill

Purchase Details

Closed on
Apr 1, 2007
Sold by
Garcia Marleny
Bought by
Ruiz Pedro Romero and Hernandez Erika Ruby Valeriano

Purchase Details

Closed on
Nov 9, 2006
Sold by
Reyes Mario A
Bought by
Garcia Marleny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.33%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 9, 2005
Sold by
Flores Blanca Esthela
Bought by
Reyes Mario A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,920
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 9, 2005
Sold by
Roa Manuel L and Roa Consuelo
Bought by
Reyes Mario A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,920
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Nguyen Diana Hoang $515,000 Ticor Title
Duong Phung T -- Lawyers Title Sd
Duong Phung Thi Kim -- None Available
Duong Phung Thi Kim $430,000 Orange Coast Title Company
Ngo Thanh Huu -- None Available
Ngo Thanh Huu -- Chicago Title
Ngo Thanh Huu $335,000 Chicago Title
#3312 Ca Mille Trust Just In Land $238,000 None Available
Saxon Mortgage Services Inc $255,000 None Available
Paz Jackson -- None Available
Morrobel Jose -- None Available
Penners Jill -- None Available
Ruiz Pedro Romero -- None Available
Garcia Marleny $795,000 Landamerica Commonwealth Tit
Reyes Mario A -- Southland Title Corporation
Reyes Mario A $654,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Diana Hoang $385,000
Previous Owner Duong Phung T $279,500
Previous Owner Duong Phung Thi Kim $279,500
Previous Owner Ngo Thanh Huu $236,000
Previous Owner Ngo Thanh Huu $247,500
Previous Owner Garcia Marleny $159,000
Previous Owner Garcia Marleny $636,000
Previous Owner Reyes Mario A $523,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2015 11/15/15 Sold $515,000 -11.1% $302 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $579,000 +34.7% $340 / Sq Ft
08/01/2013 08/01/13 Sold $430,000 +2.4% $252 / Sq Ft
06/20/2013 06/20/13 Pending -- -- --
06/08/2013 06/08/13 For Sale $419,900 -- $246 / 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 $7,193 $609,652 $566,314 $43,338
2024 $7,193 $597,699 $555,210 $42,489
2023 $7,060 $585,980 $544,324 $41,656
2022 $6,902 $574,491 $533,651 $40,840
2021 $6,808 $563,227 $523,187 $40,040
2020 $6,726 $557,452 $517,822 $39,630
2019 $6,638 $546,522 $507,669 $38,853
2018 $6,473 $535,806 $497,714 $38,092
2017 $6,410 $525,300 $487,954 $37,346
2016 $6,128 $515,000 $478,386 $36,614
2015 $5,293 $438,591 $403,350 $35,241
2014 $5,169 $430,000 $395,449 $34,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15156571

California Regional Multiple Listing Service (CRMLS)

APN: 144-281-23