NOT LISTED FOR SALE

Estimated Value: $671,000 - $708,000

5 Beds
2 Baths
1,625 Sq Ft
$427/Sq Ft Est. Value

Last Sold September 06, 2013

Last sale price $300,000 $185 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $4,033/month

34 Days on Market

Highlights

  • No HOA
  • Converted Garage
  • Paved or Partially Paved Lot

About This Home

As of September 2013

BOM!! Great opportunity to own this nicely kept duplex. Located close to schools, shopping and short driving distance to the 110 fwy. 3 bedroom, 1 bath (Garage was converted to 3rd bed room) and 2 bedroom, one bath units. The property has been recently rehabbed and has minimal deferred maintenance. Upgrades include new paint, fixtures, flooring and more! Won't last!

Last Agent to Sell the Property

Everardo Gonzalez

VIP Realtors License #01525686 Listed on: 07/27/2013

Co-Listed By

Magaly Gordon

West Shores Realty, Inc. License #01306297

Last Buyer's Agent

Maria Hernandez

Triunfo Realty License #01756902

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,455 Sq Ft Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot

Home Design

  • 1,625 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Converted Garage
  • Parking Available

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 263
  • Tax Tract Number 5745
  • Assessor Parcel Number 6063019011

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $650
  • Trash Expense $550
  • New Taxes Expense $3,737
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6063019011
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 184.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Converted Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 550.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 5455.00
  • Lot Size Acres: 0.1250

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 33600.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 650.00
  • Lot Size Area: 5455.0000 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
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 3737.00
  • Tax Lot: 263
  • Tax Tract Number: 5745

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2013
Closed on
Aug 30, 2013
Sold by
Luxdot Llc
Bought by
Menjivar Belkys
Seller's Agent
Everardo Gonzalez
VIP Realtors
Buyer's Agent
Maria Hernandez
Triunfo Realty
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%
Current Estimated Value
$693,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,678
Avg. Annual Appreciation
7.03%
Original Mortgage
$294,566
Outstanding Balance
$218,679
Interest Rate
4.27%
Mortgage Type
FHA
Estimated Equity
$474,999

Purchase Details

Closed on
Apr 25, 2012
Sold by
Arreola Roberto
Bought by
Luxdot Llc

Purchase Details

Closed on
May 16, 2006
Sold by
Arreola Roberto
Bought by
Arreola Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2005
Sold by
Gonzalez Roberto Arreola
Bought by
Arreola Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.74%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 13, 1998
Sold by
Beneficial Mtg Corp
Bought by
Gonzalez Roberto Arreola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,950
Interest Rate
6.7%

Purchase Details

Closed on
Oct 23, 1997
Sold by
Hicks Henry Marzette
Bought by
Beneficial Mtg Corp

Purchase Details

Closed on
Jul 25, 1994
Sold by
Henry Marzette Hicks
Bought by
Henry Marzette Hicks and Henry Oliver

Purchase Details

Closed on
Jun 23, 1994
Sold by
Henry Oliver
Bought by
Hicks Henry Marzette

Purchase Details

Closed on
Jun 17, 1994
Sold by
Hicks Marzette
Bought by
Hicks Henry Marzette
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Menjivar Belkys $300,000 Orange Coast Title
Luxdot Llc -- None Available
Arreola Roberto -- Chicago Title Co
Arreola Roberto -- Fidelity National Title Comp
Gonzalez Roberto Arreola $135,000 Fidelity National Title Co
Beneficial Mtg Corp -- Fidelity National Title Co
Henry Marzette Hicks -- --
Hicks Henry Marzette -- First American Title Company
Hicks Henry Marzette -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menjivar Belkys $294,566
Previous Owner Arreola Roberto $329,000
Previous Owner Arreola Roberto $228,000
Previous Owner Gonzalez Roberto Arreola $130,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2013 09/06/13 Sold $300,000 +0.3% $185 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $299,000 -- $184 / 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 $4,908 $367,746 $220,649 $147,097
2024 $4,908 $360,536 $216,323 $144,213
2023 $4,819 $353,468 $212,082 $141,386
2022 $4,609 $346,538 $207,924 $138,614
2021 $4,546 $339,745 $203,848 $135,897
2019 $4,416 $329,669 $197,802 $131,867
2018 $4,310 $323,206 $193,924 $129,282
2016 $4,106 $310,658 $186,395 $124,263
2015 $4,045 $305,993 $183,596 $122,397
2014 $4,064 $300,000 $180,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13123152

California Regional Multiple Listing Service (CRMLS)

APN: 6063-019-011