NOT LISTED FOR SALE

Estimated Value: $1,341,000 - $1,952,000

3 Beds
2 Baths
2,287 Sq Ft
$716/Sq Ft Est. Value

Last Sold February 19, 2013

Last sale price $915,000 $400 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $9,752/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Laundry Room
  • R. L. Stevenson Elementary School Rated A
  • Crown Molding
  • Central Heating and Cooling System

About This Home

As of February 2013

Super Media District Location. Pride of ownership in great condition. Front house is a 4 bedroom 3 bath divided into a 3 bedroom 2 bath, which is rented for $2,400 per month, and a single which is rented for $1,100 per month. Rear building was bulit in 2004, consists of a 2 bedroom 1.5 bath over garage which is rented for $2,000 per month and a single unit with no kitchen rented to a fashion consultant (doesn't live in it) for $900 per month. Monthly income $ 6,400.

Last Agent to Sell the Property

Bill Toth

First Class Real Estate License #01023622 Listed on: 11/16/2012

Last Buyer's Agent

Rick Fields

No Firm Affiliation License #01025640

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,498

Year Built

  • Built in 1940

Lot Details

  • 6,286 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Traditional Architecture
  • Property Attached
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,287 Sq Ft Home
  • Crown Molding
  • Living Room with Fireplace
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 130
  • Tax Tract Number 10141
  • Assessor Parcel Number 2482009020

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $6,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,498

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 2482009020
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Crown Molding
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 400.09

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 6286.00
  • Lot Size Acres: 0.1440

Multi Family

  • Gross Income: 6750.00
  • Gross Scheduled Income: 81000.00
  • Lot Size Area: 6286.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number Wall A C: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 130
  • Tax Tract Number: 10141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2012
Closed on
Jan 22, 2013
Sold by
Falcone Douglas
Bought by
Rocco Ernesto L and The Ernesto L Rocco Living Tru
Seller's Agent
Bill Toth
First Class Real Estate
Buyer's Agent
Rick Fields
No Firm Affiliation
List Price
$929,000
Sold Price
$915,000
Premium/Discount to List
-$14,000
-1.51%
Current Estimated Value
$1,636,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$721,415
Avg. Annual Appreciation
4.71%
Original Mortgage
$533,850
Outstanding Balance
$371,014
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$1,265,401

Purchase Details

Closed on
Oct 1, 2012
Sold by
Falcone Edna
Bought by
Falcone Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,500
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2012
Sold by
The Heffron Trust #3914
Bought by
Falcone Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,500
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2012
Sold by
Smith Douglas G and Smith Rose
Bought by
The Heffron Trust #3914 and Cic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,500
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2007
Sold by
Smith Douglas G and Smith Rose
Bought by
Smith Douglas G and Smith Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2005
Sold by
Smith Douglas G and Smith Daniel M
Bought by
Smith Douglas G and Smith Rose

Purchase Details

Closed on
Jul 21, 2005
Sold by
Smith Douglas G
Bought by
Smith Douglas G and Smith Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2005
Sold by
Smith Daniel M and Smith Douglas G
Bought by
Smith Douglas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2005
Sold by
Smith Douglas G and Smith Daniel M
Bought by
Smith Douglas G and Smith Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2004
Sold by
Smith Rose and Smith Daniel M
Bought by
Smith Daniel M and Smith Douglas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2003
Sold by
Smith Daniel M and Smith Derek M
Bought by
Smith Rose and Smith Daniel M

Purchase Details

Closed on
Aug 12, 2002
Sold by
Smith Douglas G and Smith Rose
Bought by
Smith Daniel M and Smith Derek M

Purchase Details

Closed on
Apr 24, 1997
Sold by
Ross Trust and Marilyn
Bought by
Smith Douglas G and Smith Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
7.57%
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
Rocco Ernesto L $915,000 Orange Coast Title Company
Falcone Douglas -- Orange Coast Title Company O
Falcone Douglas $782,507 Orange Coast Title Company O
The Heffron Trust #3914 -- Accommodation
Smith Douglas G -- Gateway Title
Smith Douglas G -- --
Smith Douglas G -- Chicago Title
Smith Douglas G -- Chicago Title Co
Smith Douglas G -- --
Smith Douglas G -- --
Smith Daniel M -- Alliance Title Company
Smith Rose -- --
Smith Daniel M -- --
Smith Douglas G $175,000 American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rocco Ernesto L $533,850
Previous Owner Falcone Douglas $525,500
Previous Owner Falcone Douglas $525,500
Previous Owner Smith Douglas G $685,000
Previous Owner Smith Douglas G $600,000
Previous Owner Smith Daniel M $315,000
Previous Owner Smith Douglas G $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2013 02/19/13 Sold $915,000 -1.5% $400 / Sq Ft
01/18/2013 01/18/13 Pending -- -- --
11/16/2012 11/16/12 For Sale $929,000 -- $406 / 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 $12,498 $1,126,743 $677,278 $449,465
2024 $12,498 $1,104,651 $663,999 $440,652
2023 $12,366 $1,082,992 $650,980 $432,012
2022 $11,808 $1,061,758 $638,216 $423,542
2021 $11,756 $1,040,940 $625,702 $415,238
2020 $11,626 $1,030,268 $619,287 $410,981
2019 $11,282 $1,010,068 $607,145 $402,923
2018 $11,133 $990,264 $595,241 $395,023
2017 $10,904 $970,848 $583,570 $387,278
2016 $10,565 $951,813 $572,128 $379,685
2015 $10,322 $937,517 $563,535 $373,982
2014 $10,295 $919,154 $552,497 $366,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR12141499

California Regional Multiple Listing Service (CRMLS)

APN: 2482-009-020