NOT LISTED FOR SALE

3657 Platt Ave Lynwood, CA 90262

Estimated Value: $825,401 - $913,000

5 Beds
2 Baths
2,085 Sq Ft
$408/Sq Ft Est. Value

Last Sold November 06, 2015

Last sale price $442,000 $212 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,289/month

13 Days on Market

About This Home

As of November 2015

Nice Big Duplex in the city of Lynwood close to St Francis Hospital and Lynwood Park.Two separate houses front house is 2 bedrooms 1 bath and back house is 3 bedrooms one 1 bath with an attached 2 car garage, Huge lot .Please do not disturb tenants. Drive by only. Waking distance to park and city hall. Close to shopping and Plaza Mexico.

Last Agent to Sell the Property

Seidy Figueroa

The Figueroa Real Estate Group License #01457771 Listed on: 07/29/2013

Last Buyer's Agent

Leslie Ocampo

American Financial Group License #01296051

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,583

Year Built

  • Built in 1925

Lot Details

  • 8,013 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Home Design

  • 2,085 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Sewer Assessments

Listing and Financial Details

  • Assessor Parcel Number 6173023007

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
  • Electric Expense $1,000
  • Insurance Expense $1,200
  • Trash Expense $400
  • Water Sewer Expense $1,500
  • New Taxes Expense $4,250
  • Gross Income $2,350
  • Net Operating Income $28,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,583

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Parcel Number: 6173023007
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 211.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 10.00

Utilities

  • Sewer: Sewer Assessments
  • Trash Expense: 400.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 8013.00
  • Price Per Lot Square Foot: 55.16
  • Lot Size Acres: 0.1840

Multi Family

  • Electric Expense: 1000.00
  • Gross Income: 2350.00
  • Gross Scheduled Income: 28200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 8013.0000 Square Feet
  • Net Operating Income: 28100.00
  • 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: 100.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4250.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2020
Sold by
Barco Jonathan E and Barco Luis A
Bought by
Barco Jonathan E and Barco Luis A
Current Estimated Value
$850,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,500
Outstanding Balance
$422,308
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$428,292

Purchase Details

Listed on
Jul 29, 2013
Closed on
Oct 7, 2015
Sold by
Barco Aura Leticia
Bought by
Barco Luis Alfredo
Seller's Agent
Seidy Figueroa
The Figueroa Real Estate Group
Buyer's Agent
Leslie Ocampo
American Financial Group
List Price
$429,000
Sold Price
$442,000
Premium/Discount to List
$13,000
3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%

Purchase Details

Closed on
Aug 6, 2015
Sold by
Moreno Jesus
Bought by
Barco Luis Alfredo and Barco Jonathan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,994
Interest Rate
3.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Barco Jonathan E -- Lawyers Title
Barco Luis Alfredo -- Old Republic Title Company
Barco Luis Alfredo $442,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barco Jonathan E $473,500
Previous Owner Barco Luis Alfredo $433,994
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2015 11/06/15 Sold $442,000 +3.0% $212 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
07/24/2015 07/24/15 For Sale $429,000 -- $206 / 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 $7,583 $523,232 $286,476 $236,756
2024 $7,583 $512,973 $280,859 $232,114
2023 $7,529 $502,915 $275,352 $227,563
2022 $7,262 $493,054 $269,953 $223,101
2021 $6,996 $483,387 $264,660 $218,727
2020 $6,713 $478,432 $261,947 $216,485
2019 $7,166 $469,052 $256,811 $212,241
2018 $6,560 $459,856 $251,776 $208,080
2016 $6,116 $442,000 $242,000 $200,000
2015 $1,575 $80,692 $38,429 $42,263
2014 $1,558 $79,113 $37,677 $41,436
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15169134

California Regional Multiple Listing Service (CRMLS)

APN: 6173-023-007