NOT LISTED FOR SALE

Estimated Value: $856,391 - $943,000

4 Beds
2 Baths
1,562 Sq Ft
$578/Sq Ft Est. Value

Last Sold May 05, 2016

Last sale price $545,000 $349 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,547/month

36 Days on Market

Highlights

  • In Ground Pool
  • Ramona Elementary School Rated A-
  • Corner Lot

About This Home

As of May 2016

2 perfect units for first time buyers. Units are situated on a corner lot with two different address. Unit 1901 S 4th Street is 1 story and it has 2 bedrooms and 1 bath, and was painted around six months ago (exterior only)
Unit 401 S Ramona is 2 stories, it has two bedrooms and 1 bath. Roof was replaced one year ago. Tenants can enjoy the pool on those summer days. Convenient location close to transportation, shops and restaurants.

Last Agent to Sell the Property

Vincent Chen

Fairview Realty, Inc. License #00992281 Listed on: 03/01/2016

Last Buyer's Agent

Chung Tam

J J RELIANCE INC. License #01021590

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,019

Year Built

  • Built in 1921

Lot Details

  • 3,890 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • 1,562 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 4816
  • Assessor Parcel Number 5357024006

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,019

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5357024006
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 348.91

Exterior Features

  • Pool Features: In Ground
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3890.00
  • Price Per Lot Square Foot: 140.10
  • Lot Size Acres: 0.0890

Multi Family

  • Lot Size Area: 3890.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 4816.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2016
Closed on
Apr 26, 2016
Sold by
Yue Vicki Nga Lai
Bought by
Fong Kuan Wai Thomas and Fong Kuan Houn Peter
Seller's Agent
Vincent Chen
Fairview Realty, Inc.
Buyer's Agent
Chung Tam
J J RELIANCE INC.
List Price
$550,000
Sold Price
$545,000
Premium/Discount to List
-$5,000
-0.91%
Current Estimated Value
$902,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,348
Avg. Annual Appreciation
5.55%
Original Mortgage
$408,750
Outstanding Balance
$326,796
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$575,552

Purchase Details

Closed on
Mar 17, 2014
Sold by
Yue Vicki Nga Lai and Jefferson Joyce Siu Wan
Bought by
Yue Vicki Nga Lai

Purchase Details

Closed on
Aug 15, 2002
Sold by
Lo David Phong Ai and Lo Lynda Sukum Sheum
Bought by
Yue Vicki Nga Lai and Jefferson Joyce Siu Wan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.52%

Purchase Details

Closed on
Aug 6, 2002
Sold by
Jefferson John
Bought by
Jefferson Joyce Siu Wan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.52%

Purchase Details

Closed on
Aug 27, 2001
Sold by
Delatorre Armando and Delatorre D
Bought by
Lo David Phong Ai and Lo Lynda Sukum Sheum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7%

Purchase Details

Closed on
Feb 25, 1994
Sold by
Delatorre Armando
Bought by
Delatorre Armando and Delatorre Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.09%
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
Fong Kuan Wai Thomas $545,000 Title 365
Yue Vicki Nga Lai $180,000 None Available
Yue Vicki Nga Lai $345,000 Investors Title Company
Jefferson Joyce Siu Wan -- Investors Title Company
Yue Vicki Nga Lai -- Investors Title Company
Lo David Phong Ai $195,000 Chicago Title
Delatorre Armando -- United Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fong Kuan Wai Thomas $408,750
Previous Owner Yue Vicki Nga Lai $269,000
Previous Owner Jefferson Joyce S $100,000
Previous Owner Yue Vicki $275,000
Previous Owner Yue Vicki Nga Lai $235,000
Previous Owner Yue Vicki Nga Lai $225,000
Previous Owner Lo David Phong Ai $156,000
Previous Owner Delatorre Armando $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2016 05/05/16 Sold $545,000 -0.9% $349 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $550,000 -- $352 / 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 $8,019 $645,163 $497,191 $147,972
2024 $8,019 $632,514 $487,443 $145,071
2023 $7,953 $620,113 $477,886 $142,227
2022 $7,576 $607,955 $468,516 $139,439
2021 $7,498 $596,035 $459,330 $136,705
2020 $7,458 $589,925 $454,621 $135,304
2019 $7,237 $578,358 $445,707 $132,651
2018 $7,243 $567,018 $436,968 $130,050
2016 $5,290 $422,085 $269,158 $152,927
2015 $5,212 $415,745 $265,115 $150,630
2014 $5,153 $407,602 $259,922 $147,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16042972

California Regional Multiple Listing Service (CRMLS)

APN: 5357-024-006