NOT LISTED FOR SALE

Estimated Value: $550,000 - $587,000

4 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold January 23, 2024

Last sale price $560,000

Est. 3% increase in value since last sale

Current estimated payment $3,492/month

19 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Heating
  • Living Room
  • Bungalow
  • Chain Link Fence

About This Home

As of January 2024

Attention investors and portfolio builders! This is a huge opportunity to own an income property with big upside potential. This classic California bungalow has two units front unit 3950 back unit 3952 Everest ave, both are a 2 bedroom 1 bath with generously sized living rooms, and kitchens that features breakfast nook areas. The detached garage and big back yard have huge potential for an expansion and the long driveway offers a chance to fit multiple cars to accommodate the tenants. this is your chance to add a jewel to your portfolio that has a chance to grow. Call today for more information

Last Agent to Sell the Property

Jenny Segovia

Luxury Collective License #01331605 Listed on: 12/01/2023

Last Buyer's Agent

Noosheen Detches

Jason Mitchell R. E. Calif License #01961290

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,129

Year Built

  • Built in 1943

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls
  • Chain Link Fence
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Bungalow
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Living Room
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Central Heating
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 21
  • Tax Tract Number 316
  • Assessor Parcel Number 191321007
  • $65 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $480
  • New Taxes Expense $6,289
  • Operating Expense $1,980
  • Gross Income $25,200
  • Net Operating Income $1,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,129

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 280000
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 480.00
  • Zoning: R2
  • Architectural Style: Bungalow
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 191321007
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Room Type: Kitchen, Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 25200.00
  • Gross Scheduled Income: 25200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 1680.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 1680.00
  • Rent Control: No
  • Total Actual Rent: 2100.00
  • Total Expenses: 1980.00

Tax Info

  • New Taxes Expense: 6289.00
  • Tax Census Tract: 316.02
  • Tax Lot: 21
  • Tax Tract Number: 316.02
  • TaxOtherAnnualAssessmentAmount: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Dec 22, 2023
Sold by
Davis Glenn
Bought by
Ramirez George and Gamboa Jacqueline
Seller's Agent
Jenny Segovia
Luxury Collective
Buyer's Agent
Noosheen Detches
Jason Mitchell R. E. Calif
List Price
$560,000
Sold Price
$560,000
Views
268
Current Estimated Value
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,000
Avg. Annual Appreciation
-0.15%
Original Mortgage
$504,000
Outstanding Balance
$496,228
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$62,439

Purchase Details

Closed on
Jul 19, 2007
Sold by
Snyder Arthur Roy and Snyder Jennifer Lee
Bought by
Davis Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 2, 1999
Sold by
Roy Snyder Arthur and Lee Snyder Jennifer
Bought by
Snyder Arthur Roy and Snyder Jennifer Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,252
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 1996
Sold by
Snyder Dorothy
Bought by
Snyder Arthur Roy and Snyder Jennifer Lee

Purchase Details

Closed on
Feb 15, 1995
Sold by
Clymer John R and Clymer Dorothea B
Bought by
Snyder Arthur and Snyder Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,280
Interest Rate
9.21%
Mortgage Type
FHA
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
Ramirez George $280,000 Fidelity National Title Compan
Davis Glenn $365,000 Old Republic Title Co Riv
Snyder Arthur Roy -- Landsafe Title
Snyder Arthur Roy -- Gateway Title Company
Snyder Arthur Roy -- Gateway Title Company
Snyder Arthur $190,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez George $504,000
Previous Owner Davis Glenn $265,000
Previous Owner Snyder Arthur Roy $161,200
Previous Owner Snyder Arthur Roy $96,600
Previous Owner Snyder Arthur Roy $93,252
Previous Owner Snyder Arthur $92,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2024 01/23/24 Sold $560,000 0.0% --
12/20/2023 12/20/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $560,000 -- --
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 $4,129 $571,200 $173,400 $397,800
2023 $4,129 $350,385 $72,997 $277,388
2022 $3,608 $318,532 $66,361 $252,171
2021 $3,295 $287,938 $59,987 $227,951
2020 $2,958 $257,088 $53,560 $203,528
2019 $2,875 $249,600 $52,000 $197,600
2018 $2,767 $240,000 $50,000 $190,000
2017 $2,772 $240,000 $50,000 $190,000
2016 $2,592 $235,000 $50,000 $185,000
2015 $2,475 $224,000 $50,000 $174,000
2014 $2,305 $206,000 $50,000 $156,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23218975

California Regional Multiple Listing Service (CRMLS)

APN: 191-321-007