NOT LISTED FOR SALE

Estimated Value: $881,000 - $1,098,000

8 Beds
3 Baths
3,232 Sq Ft
$296/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $585,000 $181 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,622/month

131 Days on Market

Highlights

  • Traditional Architecture
  • Private Yard
  • Paved or Partially Paved Lot

About This Home

As of September 2016

JUST REDUCED FOR A QUICK SALE!!!!!!!! THE SELLER IS VERY MOTIVATED AND READY TO OPEN ESCROW. AGENTS BRING YOUR QUALIFIED BUYERS TO SEE THIS AWESOME PROPERTY IN A NICE NEIGHBORHOOD!! THIS IS A GREAT INVESTMENT PROPERTY! THERE IS A SINGLE FAMILY RESIDENCE AT THE FRONT OF THE PROPERTY WITH A NICE LIVING ROOM, BRIGHT KITCHEN, NICE LIVING ROOM W/COZY FIREPLACE. THERE ARE 2 UNITS AT THE REAR OF THE PROPERTY. THEY ARE BOTH SPACIOUS WITH KITCHENS, LIVING ROOMS AND SO MUCH MORE!!!!!!! THE SELLERS ARE MOTIVATED AND THERE IS NO WAITING ON YOUR OFFERS!! THE COST IS LOW TO MAINTAIN THIS PROPERTY .......... THIS PROPERTY IS SOLD IN "AS IS" CONDITION AND THE SELLER WILL MAKE NO TERMITE REPAIRS.

Last Agent to Sell the Property

Lori Carmody

THE ASSOCIATES REALTY GROUP License #01280093 Listed on: 03/30/2016

Last Buyer's Agent

Lori Carmody

THE ASSOCIATES REALTY GROUP License #01280093 Listed on: 03/30/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 9,005 Sq Ft Lot
  • No Common Walls
  • Stucco Fence
  • Paved or Partially Paved Lot
  • Private Yard
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 3,232 Sq Ft Home
  • Traditional Architecture

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 10 / 6
  • Tax Tract Number 204910
  • Assessor Parcel Number 5188003039

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,284
  • Water Sewer Expense $2,676
  • New Taxes Expense $4,193
  • Gross Income $3,900
  • Net Operating Income $3,570

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 2676.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5188003039
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 181.00

Exterior Features

  • Fencing: Stucco Wall
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Paved, Yard
  • Lot Size Sq Ft: 9005.00
  • Price Per Lot Square Foot: 64.96
  • Lot Size Acres: 0.2070

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3900.00
  • Gross Scheduled Income: 3900.00
  • Insurance Expense: 1284.00
  • Lot Size Area: 9005.0000 Square Feet
  • Net Operating Income: 3570.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 330.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4193.00
  • Tax Block: 6
  • Tax Lot: 10
  • Tax Tract Number: 204910

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2016
Sold by
Baltodano Estella and Baltodano Lonnie E
Bought by
Negrete Richard G
Current Estimated Value
$936,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,125
Interest Rate
3.48%
Mortgage Type
VA

Purchase Details

Closed on
Sep 8, 2012
Sold by
Baltodano Estella
Bought by
Baltodano Estella and Baltodano Lonnie E

Purchase Details

Closed on
Jul 22, 2004
Sold by
Osuna Lorenzo Angelo and Baltodano Estella
Bought by
Osuna Lorenzo Angelo and Baltodano Estella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2003
Sold by
Osuna Lorenzo Angelo
Bought by
Osuna Lorenzo Angelo and Baltodano Estella

Purchase Details

Closed on
Apr 7, 2003
Sold by
Baltodano Estella
Bought by
Osuna Lorenzo Angelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
5.54%

Purchase Details

Closed on
Jan 25, 2001
Sold by
Osuna Lorenzo
Bought by
Osuna Lorenzo Angelo and Baltodano Estella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
7.65%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 8, 2000
Sold by
Osuna Lorenzo
Bought by
Baltodano Estella and Osuna Lorenzo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
7.65%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 29, 1998
Sold by
Osuna Laura
Bought by
Osuna Lorenzo A and Baltodano Estella

Purchase Details

Closed on
Aug 8, 1997
Sold by
Gonzales Francisco and Gonzales Joy
Bought by
Osuna Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,955
Interest Rate
7.61%
Mortgage Type
FHA
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
Negrete Richard G $585,000 First American Title
Baltodano Estella -- None Available
Osuna Lorenzo Angelo -- Fidelity National Financial
Osuna Lorenzo Angelo -- --
Osuna Lorenzo Angelo -- Stewart Title Guaranty
Osuna Lorenzo Angelo -- --
Baltodano Estella -- American Title
Osuna Lorenzo A -- --
Osuna Laura $180,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Negrete Richard G $559,125
Previous Owner Osuna Lorenzo Angelo $285,000
Previous Owner Osuna Lorenzo Angelo $213,000
Previous Owner Baltodano Estella $198,750
Previous Owner Osuna Laura $172,955
Closed Baltodano Estella $198,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2016 09/09/16 Sold $585,000 -19.3% $181 / Sq Ft
09/25/2015 09/25/15 For Sale $725,000 -- $224 / 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 $8,553 $678,937 $446,823 $232,114
2024 $8,553 $665,625 $438,062 $227,563
2023 $8,395 $652,574 $429,473 $223,101
2022 $8,019 $639,779 $421,052 $218,727
2021 $7,908 $627,236 $412,797 $214,439
2020 $7,981 $621,426 $408,565 $212,861
2019 $7,680 $609,254 $400,554 $208,700
2018 $7,479 $597,320 $392,700 $204,620
2017 $7,318 $585,000 $385,000 $200,000
2016 $4,220 $329,668 $178,200 $151,468
2015 $4,161 $324,717 $175,524 $149,193
2014 $4,193 $318,357 $172,086 $146,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15214816

California Regional Multiple Listing Service (CRMLS)

APN: 5188-003-039