NOT LISTED FOR SALE

Estimated Value: $767,000 - $840,732

5 Beds
2 Baths
1,797 Sq Ft
$446/Sq Ft Est. Value

Last Sold August 02, 2018

Last sale price $585,000 $326 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,029/month

18 Days on Market

Highlights

  • Gated Parking
  • 1-Story Property
  • 3-minute walk to Martin Luther King Jr Park
  • 2 Car Attached Garage

About This Home

As of August 2018

Terrific opportunity to own this alluring piece of property near the heart of USC. This 2 unit property consists of one three bedroom one bath and one two bed one bath. Property is located on a large corner lot which is gated with plenty of yard for the kids and family to enjoy. Property comes with a detached two car garage. Centrally located in what many have already labeled the next great up & coming neighborhood. This 2 unit property will appeal to both investors, as well as, owners who want to live in one unit and rent out the other.

Last Agent to Sell the Property

Ricardo Curtis

Jacob, Christopher & Lee Rlty License #01464851 Listed on: 04/25/2018

Last Buyer's Agent

SAM JONAS

BEVERLY & COMPANY, INC. License #01719750

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,026

Year Built

  • Built in 1914

Lot Details

  • 5,406

Home Design

  • Duplex

Interior Spaces

  • 1,797 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Car Attached Garage
  • Gated Parking
  • Parking Garage Space

Additional Features

  • 5,406 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5035-017-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,026

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1797
  • Probate: No
  • Stories: 1
  • Year Built: 1914
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 325.54

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Community Garage, Garage - 2 Car, Garage Is Detached, Gated
  • Total Parking: 2

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 61247
  • Assessed Land Value: 245007
  • Assessor Parcel Number: 5035-017-014
  • Geocode Override: No
  • Lot Size Area: 5406

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 1.00
  • Number Of Units: 2
  • Total Annual Expense: 9100
  • Type Of Units: DUPLEX
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2018
Closed on
Jul 26, 2018
Sold by
Ramirez Ivan E Fabian
Bought by
Ramirez Ivan E Fabian and Ramirez Carlos A Fabian
Seller's Agent
Ricardo Curtis
Jacob, Christopher & Lee Rlty
Buyer's Agent
SAM JONAS
BEVERLY & COMPANY, INC.
List Price
$585,000
Sold Price
$585,000
Current Estimated Value
$801,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,683
Avg. Annual Appreciation
4.72%

Purchase Details

Closed on
May 15, 2018
Sold by
Stanford Kelli C
Bought by
Fabian Ramirez Carlos A and Fabian Ramirez Ivan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$574,404
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 2012
Sold by
Stanford Kelli C and Stanford Kara C
Bought by
Stanford Kelli C and Stanford Kara C

Purchase Details

Closed on
Dec 13, 2006
Sold by
Stanford Celie Smith
Bought by
Stanford Celie Smith and The Celie Smith Stanford Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2005
Sold by
Stanford Celie S
Bought by
Stanford Celie Smith and The Celie Smith Stanford Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2003
Sold by
Morable Marion Lewis
Bought by
Stanford Celie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
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
Ramirez Ivan E Fabian -- None Available
Ramirez Ivan E Fabian -- Provident Title
Ramirez Carlos A Fabian -- Provident Title
Fabian Ramirez Carlos A $585,000 Provident Title
Stanford Kelli C -- None Available
Stanford Kelli C -- None Available
Stanford Celie Smith -- None Available
Stanford Celie Smith -- Orange Coast Title
Stanford Celie Smith -- Orange Coast Title
Stanford Celie S $200,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fabian Ramirez Carlos A $574,404
Previous Owner Stanford Celie Smith $468,000
Previous Owner Stanford Celie Smith $32,000
Previous Owner Stanford Celie Smith $276,000
Previous Owner Stanford Celie S $230,000
Previous Owner Stanford Celie S $40,000
Previous Owner Stanford Celie S $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2018 08/02/18 Sold $585,000 0.0% $326 / Sq Ft
04/25/2018 04/25/18 For Sale $585,000 -- $326 / Sq Ft
Source: The MLS

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 $8,026 $652,572 $479,670 $172,902
2024 $8,026 $639,777 $470,265 $169,512
2023 $7,877 $627,234 $461,045 $166,189
2022 $7,520 $614,936 $452,005 $162,931
2021 $7,421 $602,880 $443,143 $159,737
2019 $7,203 $585,000 $430,000 $155,000
2018 $3,981 $312,378 $249,907 $62,471
2016 $3,797 $300,250 $240,203 $60,047
2015 $3,744 $295,741 $236,595 $59,146
2014 $3,770 $289,949 $231,961 $57,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-337400

The MLS

APN: 5035-017-014