NOT LISTED FOR SALE

Estimated Value: $850,000 - $893,000

3 Beds
1 Bath
2,280 Sq Ft
$381/Sq Ft Est. Value

Last Sold September 05, 2014

Last sale price $385,000 $169 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,022/month

18 Days on Market

About This Home

As of September 2014

Two separate units, front house consists of a 3 bedroom 1 bath, formal dining room, large kitchen and hardwood floors thru out. Rear unit is a 1 bedroom 1 bath over a 2 car garage. Centrally located, closes to schools, shopping centers, easy freeway access, transportation and close to downtown L.A.. Rent control area. Property will not qualify for FHA financing.

Last Agent to Sell the Property

Stella Melendez

GEORGE MICHAEL REALTY License #00893428 Listed on: 07/15/2014

Last Buyer's Agent

Ruben Davis

Ruben Davis License #01796414

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 5,625 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 2,280 Sq Ft Home
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 127
  • Tax Tract Number 127
  • Assessor Parcel Number 5186012036

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $4,561

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5186012036
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 168.86

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 5625
  • Lot Size Sq Ft: 5625.00
  • Lot Size Acres: 0.1290

Multi Family

  • Lot Size Area: 5625.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4561.00
  • Tax Lot: 127
  • Tax Tract Number: 127
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2014
Closed on
Aug 7, 2014
Sold by
Hsbc Bank Usa National Association
Bought by
Ruvalcaba Sophia
Seller's Agent
Stella Melendez
GEORGE MICHAEL REALTY
Buyer's Agent
Ruben Davis
Ruben Davis
List Price
$364,900
Sold Price
$385,000
Premium/Discount to List
$20,100
5.51%
Current Estimated Value
$868,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,949
Avg. Annual Appreciation
7.44%
Original Mortgage
$288,750
Outstanding Balance
$220,089
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$648,860

Purchase Details

Closed on
Jun 7, 2012
Sold by
Hsbc Bank Usa Na
Bought by
Lopez Gil

Purchase Details

Closed on
Dec 16, 2011
Sold by
Lopez Gil and Lopez Ermalinda
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jan 4, 2007
Sold by
Rendon Francisco
Bought by
Lopez Gil and Lopez Ermalinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2004
Sold by
Ruiz Wilebaldo F and Ruiz Delia P
Bought by
Rendon Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2000
Sold by
Nishikawa Yutaka
Bought by
Ruiz Wilebaldo F and Ruiz Delia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,600
Interest Rate
7.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ruvalcaba Sophia $385,000 Servicelink
Lopez Gil $238,000 None Available
Hsbc Bank Usa National Association $238,000 Accommodation
Lopez Gil $620,000 Southland Title Corporation
Rendon Francisco $355,000 First American Title Co
Ruiz Wilebaldo F $219,500 Fidelity National Title Co
Nishikawa Yutaka -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruvalcaba Sophia $288,750
Previous Owner Lopez Gil $496,000
Previous Owner Rendon Francisco $284,000
Previous Owner Ruiz Wilebaldo F $175,600
Closed Rendon Francisco $71,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2014 09/05/14 Sold $385,000 +5.5% $169 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
07/10/2014 07/10/14 For Sale $364,900 +30.3% $160 / Sq Ft
08/31/2012 08/31/12 Sold $280,000 0.0% $123 / Sq Ft View Prior Sale
08/04/2012 08/04/12 Pending -- -- --
07/19/2012 07/19/12 For Sale $280,000 -- $123 / 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 $5,735 $462,705 $264,403 $198,302
2024 $5,735 $453,633 $259,219 $194,414
2023 $5,627 $444,739 $254,137 $190,602
2022 $5,371 $436,019 $249,154 $186,865
2021 $5,294 $427,470 $244,269 $183,201
2020 $5,343 $423,088 $241,765 $181,323
2019 $5,138 $414,793 $237,025 $177,768
2018 $5,049 $406,661 $232,378 $174,283
2016 $4,806 $390,871 $223,355 $167,516
2015 $4,737 $385,000 $220,000 $165,000
2014 $3,119 $235,664 $128,078 $107,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB14145839

California Regional Multiple Listing Service (CRMLS)

APN: 5186-012-036