NOT LISTED FOR SALE

3703 Rhodes Ln Baldwin Park, CA 91706

Estimated Value: $780,000 - $926,000

3 Beds
2 Baths
1,334 Sq Ft
$644/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $598,000 $448 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,331/month

86 Days on Market

Highlights

  • Cul-De-Sac
  • Sierra Vista High Rated A-
  • Laundry Room

About This Home

As of August 2020

Great income property.Close to schools,market,and shopping center.Move in condition.2b 1b and 1b 1b with one of the units with upgraded kitchen and bathroom.Has a double driveway with a big lot .Occupied with Month to month tenants.Rare market opportunity

Last Agent to Sell the Property

George Briseno

eXp Realty License #01216001 Listed on: 03/25/2020

eXp Realty

Last Buyer's Agent

Robert Smith

Realty and Lending Team License #01279783

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,232

Year Built

  • Built in 1949

Lot Details

  • 9,348 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac

Home Design

  • 1,334 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Parking Available
  • Driveway

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for gas, water
  • Assessor Parcel Number 8551009088

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $600
  • Trash Expense $1,560
  • Operating Expense $2,160
  • Gross Income $30,360
  • Net Operating Income $28,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,232

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 4.70
  • Other Phone Description: 5627150690
  • Property Attached: No
  • Zoning: BPR1*
  • Property Type: Residential Income
  • Parcel Number: 8551009088
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 448.28

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 1560.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 9348.00
  • Lot Size Acres: 0.2146

Rental Info

  • Tenant Pays: Gas, Water

Multi Family

  • Average1 Bed Area: 550 Square Feet
  • Average2 Bed Area: 784 Square Feet
  • Gross Income: 30360.00
  • Gross Scheduled Income: 30360.00
  • Insurance Expense: 600.00
  • Lot Size Area: 9348.0000 Square Feet
  • Net Operating Income: 28200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2160.00
  • Rent Control: No
  • Total Expenses: 2160.00

Tax Info

  • Tax Census Tract: 4047.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2020
Sold by
Tovar Juanita B and Juanita B Tovar 2015 Revocable
Bought by
Reyes Faustino and Gonzalez Betsabe
Current Estimated Value
$859,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,168
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2015
Sold by
Tovar Juanita B
Bought by
Tovar Juanita B and The Juanita B Tovar 2015 Revoc

Purchase Details

Listed on
Sep 30, 2011
Closed on
Dec 30, 2011
Sold by
Le Yan Peter and Le Lei Wen
Bought by
Tovar Juanita B
Seller's Agent
Winnie Tang
Pinnacle Real Estate Group
Buyer's Agent
George Briseno
eXp Realty
List Price
$329,000
Sold Price
$290,000
Premium/Discount to List
-$39,000
-11.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$188,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2011
Closed on
Dec 28, 2011
Sold by
Tang Zhongci
Bought by
Lei Wen Le
Seller's Agent
Winnie Tang
Pinnacle Real Estate Group
Buyer's Agent
George Briseno
eXp Realty
List Price
$329,000
Sold Price
$290,000
Premium/Discount to List
-$39,000
-11.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2011
Sold by
Lopez Jose and Cortez Brenda L
Bought by
Le Yan Peter and Le Lei Wen

Purchase Details

Closed on
Sep 15, 2008
Sold by
Moreno Jason
Bought by
St Zepeda David and St Tim Bower Sharon Bower Jack

Purchase Details

Closed on
Aug 2, 2008
Sold by
Lopez Jose and Cortez Brenda L
Bought by
Zepeda David and The Jonathan Ellen Susan Allen

Purchase Details

Closed on
Oct 13, 2005
Sold by
Cortez Brenda L and Cortez Brenda E
Bought by
Lopez Jose and Cortez Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2004
Sold by
Palma Mario W and Lopez Jose
Bought by
Lopez Jose and Cortez Brenda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2002
Sold by
Jones Doyle J
Bought by
Palma Mario W and Lopez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
6.45%

Purchase Details

Closed on
Dec 22, 1999
Sold by
Jones Doyle J
Bought by
Jones Doyle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.68%

Purchase Details

Closed on
Aug 11, 1999
Sold by
Jones Doyle J
Bought by
Jones Doyle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
7.47%
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
Reyes Faustino $598,000 Wfg National Title
Tovar Juanita B -- None Available
Tovar Juanita B $290,000 Advantage Title Inc
Lei Wen Le -- --
Le Yan Peter -- None Available
St Zepeda David -- None Available
Zepeda David -- None Available
Lopez Jose -- Fidelity National Title Co
Lopez Jose -- United Title Company
Palma Mario W $209,000 South Coast Title Company
Jones Doyle J -- First American Title
Jones Doyle J -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reyes Faustino $587,168
Previous Owner Tovar Juanita B $188,500
Previous Owner Lopez Jose $417,600
Previous Owner Lopez Jose $52,200
Previous Owner Lopez Jose $382,000
Previous Owner Lopez Jose $264,000
Previous Owner Palma Mario W $167,200
Previous Owner Jones Doyle J $130,000
Previous Owner Jones Doyle J $109,000
Closed Palma Mario W $41,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Sold $598,000 -0.2% $448 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $599,000 +106.6% $449 / Sq Ft
01/12/2012 01/12/12 Sold $290,000 -11.9% $217 / Sq Ft
12/30/2011 12/30/11 Pending -- -- --
09/30/2011 09/30/11 For Sale $329,000 -- $247 / 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 $8,232 $647,293 $422,148 $225,145
2024 $8,232 $634,602 $413,871 $220,731
2023 $8,149 $622,159 $405,756 $216,403
2022 $8,312 $609,960 $397,800 $212,160
2021 $4,977 $336,507 $220,471 $116,036
2020 $4,966 $333,058 $218,211 $114,847
2019 $4,685 $326,529 $213,933 $112,596
2018 $4,360 $320,128 $209,739 $110,389
2016 $4,109 $307,699 $201,596 $106,103
2015 $4,216 $303,078 $198,568 $104,510
2014 $4,164 $297,142 $194,679 $102,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20064084

California Regional Multiple Listing Service (CRMLS)

APN: 8551-009-088