NOT LISTED FOR SALE

Estimated Value: $914,000 - $1,038,755

3 Beds
2 Baths
1,463 Sq Ft
$670/Sq Ft Est. Value

Last Sold April 04, 2013

Last sale price $380,000 $260 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $5,605/month

54 Days on Market

About This Home

As of April 2013

2 houses on the lot ideal for a first time buyer or to an investor, front yard 3 bedrooms 1 Bath front house one bedroom one bedroom rear housem back yard slob, and a nice potio.

Last Agent to Sell the Property

Isidoro Jimenez

CRMLS Member Transfer License #00888615 Listed on: 12/12/2012

Last Buyer's Agent

Isidoro Jimenez

CRMLS Member Transfer License #00888615 Listed on: 12/12/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 5,555

Parking

  • 4 Parking Spaces

Home Design

  • 1,463 Sq Ft Home
  • Stucco

Additional Features

  • Doors are 32 inches wide or more
  • 5,555 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 11 / V
  • Tax Tract Number 4123
  • Assessor Parcel Number 5725028030

Community Details

Overview

  • 2 Buildings

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2
  • Trash Expense $28
  • Water Sewer Expense $48
  • New Taxes Expense $2
  • Gross Income $900
  • Net Operating Income $10,584

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 2.82
  • Improvements Percent: 2.00
  • View: No
  • Water Sewer Expenses: 48.00
  • Zoning: PSR1
  • Property Type: Residential Income
  • Parcel Number: 5725028030
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 259.74

Exterior Features

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

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 28.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5555.00
  • Lot Size Acres: 0.1280

Multi Family

  • Gross Income: 900.00
  • Gross Multiplier: 34.72
  • Gross Scheduled Income: 10800.00
  • Insurance Expense: 2.00
  • Net Operating Income: 10584.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Operating Expense: 2.00

Tax Info

  • New Taxes Expense: 2.00
  • Tax Area: 7500
  • Tax Block: V
  • Tax Lot: 11
  • Tax Tract Number: 4123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2013
Sold by
Lee Stephen C and Lee Mina
Bought by
Lee David H Chun and Su Jenny Guo Lan
Current Estimated Value
$980,439

Purchase Details

Listed on
Dec 12, 2012
Closed on
Mar 20, 2013
Sold by
Cerros Jose and Cerros Maria P
Bought by
Lee David H Chun and Su Jenny Guo Lan
Seller's Agent
Isidoro Jimenez
CRMLS Member Transfer
Buyer's Agent
Isidoro Jimenez
CRMLS Member Transfer
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$300,200
Outstanding Balance
$211,843
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$768,596

Purchase Details

Closed on
May 27, 1999
Sold by
Velasquez Claudia and Cerros Armando
Bought by
Cerros Jose and Cerros Maria P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
7.24%

Purchase Details

Closed on
Sep 3, 1996
Sold by
Dunn June
Bought by
Cerros Jose and Cerros Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,560
Interest Rate
7.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee David H Chun -- None Available
Lee David H Chun $380,000 Pacific Coast Title Company
Cerros Jose -- Continental Title Insurance
Cerros Jose $108,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee David H Chun $300,200
Previous Owner Cerros Jose $115,500
Previous Owner Cerros Jose $109,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2013 04/04/13 Sold $380,000 +1.3% $260 / Sq Ft
02/04/2013 02/04/13 Pending -- -- --
12/12/2012 12/12/12 For Sale $375,000 -- $256 / 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 $5,613 $467,932 $369,423 $98,509
2024 $5,613 $458,758 $362,180 $96,578
2023 $5,565 $449,764 $355,079 $94,685
2022 $5,380 $440,946 $348,117 $92,829
2021 $5,165 $432,301 $341,292 $91,009
2020 $4,969 $427,869 $337,793 $90,076
2019 $4,980 $419,480 $331,170 $88,310
2018 $5,018 $411,256 $324,677 $86,579
2016 $4,847 $395,288 $312,070 $83,218
2015 $4,794 $389,351 $307,383 $81,968
2014 $4,712 $381,725 $301,362 $80,363
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1206135

California Regional Multiple Listing Service (CRMLS)

APN: 5725-028-030