NOT LISTED FOR SALE

Estimated Value: $667,000 - $944,000

7 Beds
4 Baths
2,681 Sq Ft
$313/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $400,000 $149 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,838/month

15 Days on Market

Highlights

  • No Units Above
  • Laundry Room
  • 1-Story Property
  • 0.37 Acre Lot
  • Central Heating

About This Home

As of December 2018

Property Id: 1063711

Income requirement 3x of rent. Owner pays for water and lawn clean up. Walking distance to Galleria at Tyler shopping mall, fitness centers, markets, rentaurantsIncome requirement 3x of rent. Owner pays for water and lawn clean up. Walking distance to Galleria at Tyler shopping mall, fitness centers, markets, rentaurants and Castle Park! This comforting unit is perfect for a family with some peace and quiet. It contains large living room, family room, dining area, 3 bedrooms and 2 baths (One is master bathroom). Total 1313 sqt living area. Will fence backyard. House is not ready for showing before November, and need about one week to clean up.

We will run criminal, eviction and credit report for prospected tenants. Two most recent pay stubs are needed.

Please make sure to provide your phone number, email and move-in date to get a prompt response. Please email for touring appointment and availability. Driver license and Proof of income are required before touring.

Last Agent to Sell the Property

Kim Suman

Corcoran Group of California Inc. License #01437996 Listed on: 10/22/2018

Corcoran Group of California Inc.

Last Buyer's Agent

Adam Stone

Clean Slate CA Inc. License #01996476

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.37 Acre Lot
  • No Units Above
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Fixer Upper

Interior Spaces

  • 2,681 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 32
  • Assessor Parcel Number 138052020

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $10,542
  • Gross Income $30,120
  • Net Operating Income $19,578

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Arlington Gardens
  • Zoning: R1065
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 138052020
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above
  • Levels: One
  • Price Per Square Foot: 149.20

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 16117.00
  • Lot Size Acres: 0.3700

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Gross Income: 30120.00
  • Gross Scheduled Income: 30120.00
  • Lot Size Area: 16117.0000 Square Feet
  • Net Operating Income: 19578.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 10542.00
  • Operating Expense Percent: 35.00
  • Rent Control: No
  • Total Actual Rent: 30120.00
  • Total Expenses: 10542.00

Tax Info

  • Tax Census Tract: 414.08
  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2018
Closed on
Feb 12, 2019
Sold by
Chu Michael
Bought by
Chu Michael and Ju Jing
Seller's Agent
Kim Suman
Corcoran Group of California Inc.
Buyer's Agent
Adam Stone
Clean Slate CA Inc.
List Price
$357,900
Sold Price
$400,000
Premium/Discount to List
$42,100
11.76%
Current Estimated Value
$838,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,333
Avg. Annual Appreciation
11.08%
Original Mortgage
$307,000
Outstanding Balance
$269,908
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$568,425

Purchase Details

Listed on
Oct 22, 2018
Closed on
Dec 10, 2018
Sold by
Ju Jing
Bought by
Chu Michael
Seller's Agent
Kim Suman
Corcoran Group of California Inc.
Buyer's Agent
Adam Stone
Clean Slate CA Inc.
List Price
$357,900
Sold Price
$400,000
Premium/Discount to List
$42,100
11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$450,218
Interest Rate
4.9%
Mortgage Type
Construction
Estimated Equity
$388,115

Purchase Details

Listed on
Oct 22, 2018
Closed on
Dec 5, 2018
Sold by
Sbr Empire Llc
Bought by
Chu Michael
Seller's Agent
Kim Suman
Corcoran Group of California Inc.
Buyer's Agent
Adam Stone
Clean Slate CA Inc.
List Price
$357,900
Sold Price
$400,000
Premium/Discount to List
$42,100
11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$450,218
Interest Rate
4.9%
Mortgage Type
Construction
Estimated Equity
$388,115

Purchase Details

Listed on
Oct 22, 2018
Closed on
Nov 30, 2018
Sold by
Goll Craig
Bought by
Sbr Empire Llc
Seller's Agent
Kim Suman
Corcoran Group of California Inc.
Buyer's Agent
Adam Stone
Clean Slate CA Inc.
List Price
$357,900
Sold Price
$400,000
Premium/Discount to List
$42,100
11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$450,218
Interest Rate
4.9%
Mortgage Type
Construction
Estimated Equity
$388,115

Purchase Details

Closed on
Apr 29, 2009
Sold by
Holland Hazel
Bought by
Goll Craig and Chester And Norma Jean Goll 1992 Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chu Michael -- Provident Title Company
Chu Michael -- Lawyers Title Insurance Co
Chu Michael $740,000 Lawyers Title Insurance Co
Sbr Empire Llc $720,000 First American Title Company
Goll Craig -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chu Michael $307,000
Open Chu Michael $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Off Market $2,500 -- --
12/04/2024 12/04/24 For Rent $2,500 0.0% --
12/04/2024 12/04/24 Price Changed $2,500 -3.5% $2 / Sq Ft
11/29/2024 11/29/24 Off Market $2,590 -- --
11/21/2024 11/21/24 For Rent $2,590 0.0% --
12/21/2018 12/21/18 Sold $400,000 +2.6% $149 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
10/29/2018 10/29/18 Price Changed $390,000 +9.0% $145 / Sq Ft
10/22/2018 10/22/18 For Sale $357,900 -- $133 / 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 $5,502 $457,357 $111,547 $345,810
2023 $5,502 $439,599 $107,216 $332,383
2022 $5,091 $430,980 $105,114 $325,866
2021 $5,008 $422,530 $103,053 $319,477
2020 $4,927 $418,199 $101,997 $316,202
2019 $4,863 $410,000 $100,000 $310,000
2018 $842 $72,394 $11,868 $60,526
2017 $826 $70,976 $11,636 $59,340
2016 $811 $69,585 $11,408 $58,177
2015 $798 $68,542 $11,238 $57,304
2014 $793 $67,202 $11,019 $56,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV18256189

California Regional Multiple Listing Service (CRMLS)

APN: 138-052-020