NOT LISTED FOR SALE

Estimated Value: $923,000 - $1,114,000

2 Beds
2 Baths
1,904 Sq Ft
$537/Sq Ft Est. Value

Last Sold February 28, 2012

Last sale price $325,000 $171 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $5,834/month

9 Days on Market

Highlights

  • Contemporary Architecture
  • Tile Flooring
  • Heating System Uses Natural Gas
  • Granite Countertops

About This Home

As of February 2012

STANDARD SALE***FHA/VA NO PROBLEM***MUST SEE! Beautiful duplex remodeled in excellent area of Jefferson Park. High Income Property with living quarters in the converted garage! Completely painted inside and out. New flooring with a mix of beaufiful dark wood, ceramic tile, and carpet. Plenty of kitchen space with granite countertops and seperate laundry rooms inside each unit. Front and backyard beautifully landscaped on a well manicured block.

Last Agent to Sell the Property

Bret Lewis

Bret Lewis, Broker License #01872524 Listed on: 01/18/2012

Last Buyer's Agent

Alberto Preciado

Ambiance Realty License #01705557

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,976

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 5,744

Home Design

  • 1,904 Sq Ft Home
  • Contemporary Architecture
  • Common Roof
  • Stucco

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • 3 Parking Spaces
  • Paved Parking

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • Granite Countertops
  • 5,744 Sq Ft Lot

Listing and Financial Details

  • Tax Block 5
  • Assessor Parcel Number 5044024031

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,200
  • Net Operating Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,976

Year Built

Built in 1924 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 11.82
  • View: No
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5044024031
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Flooring: Laminate, Carpet, Tile
  • Appliances: No
  • Price Per Square Foot: 170.69

Exterior Features

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

Garage/Parking

  • Parking: No
  • Parking Features: Concrete
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5744.00
  • Lot Size Acres: 0.1320

Multi Family

  • Gross Income: 3200.00
  • Gross Multiplier: 8.46
  • Gross Scheduled Income: 38400.00
  • Lot Size Area: 5744.0000 Square Feet
  • Net Operating Income: 38400.00
  • 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: 67
  • Tax Block: 5
  • Tax Lot: 0.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Zarate Alejandro and Zarate Jose Manuel
Bought by
Jose Manuel Zarate Lua And Luz Elena Diaz De and Lua
Current Estimated Value
$1,022,001

Purchase Details

Listed on
Jan 18, 2012
Closed on
Feb 14, 2012
Sold by
Dezarate Luz E Diaz
Bought by
Zarate Jose Manuel
Seller's Agent
Bret Lewis
Bret Lewis, Broker
Buyer's Agent
Alberto Preciado
Ambiance Realty
List Price
$299,000
Sold Price
$325,000
Premium/Discount to List
$26,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$316,761
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 2011
Sold by
Garcia Beronica
Bought by
Reme Holdings Llc

Purchase Details

Closed on
Sep 25, 2007
Sold by
Garcia Beronica
Bought by
Garcia Beronica and Garcia Juan Carlos

Purchase Details

Closed on
Mar 20, 2007
Sold by
Banda Javier Angel
Bought by
Garcia Beronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 1997
Sold by
Miller John Charles
Bought by
Banda Javier Angel and Banda Estela Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,950
Interest Rate
8.08%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 1997
Sold by
Calhoun Artis B
Bought by
Miller John Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,800
Interest Rate
7.86%
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
Jose Manuel Zarate Lua And Luz Elena Diaz De -- None Listed On Document
Zarate Jose Manuel -- Ticor Title Company
Zarate Alejandro $325,000 Ticor Title Company
Reme Holdings Llc $181,000 None Available
Garcia Beronica -- None Available
Garcia Beronica $600,000 Investors Title Company
Banda Javier Angel $185,000 --
Miller John Charles $94,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zarate Alejandro $316,761
Previous Owner Garcia Beronica $480,000
Previous Owner Banda Javier Angel $179,950
Previous Owner Miller John Charles $95,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2012 02/28/12 Sold $325,000 +8.7% $171 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $299,000 -- $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
2025 $4,976 $408,205 $251,206 $156,999
2024 $4,976 $400,202 $246,281 $153,921
2023 $4,885 $392,355 $241,452 $150,903
2022 $4,666 $384,663 $236,718 $147,945
2021 $4,596 $377,122 $232,077 $145,045
2019 $4,458 $365,939 $225,195 $140,744
2018 $4,364 $358,765 $220,780 $137,985
2016 $4,156 $344,835 $212,207 $132,628
2015 $4,094 $339,656 $209,020 $130,636
2014 $4,118 $333,004 $204,926 $128,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P809163

California Regional Multiple Listing Service (CRMLS)

APN: 5044-024-031