NOT LISTED FOR SALE

Estimated Value: $1,519,000 - $1,914,000

6 Beds
3 Baths
3,188 Sq Ft
$545/Sq Ft Est. Value

Last Sold March 29, 2016

Last sale price $1,000,000 $314 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $10,712/month

9 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • No HOA
  • Los Cerritos Elementary School Rated A
  • Lawn
  • Neighborhood Views

About This Home

As of March 2016

Great Home for extended Family, Fabulous remodeled/new roof Tudor home in the Virginia Country Club area with unit over 3 car garage. The main house has a fireplace in the living room, four bedrooms (one bedroom being used as den/library and the second as a family room) and two baths. Sparkling granite counter tops and designer stainless steel appliances are the focal point of the spacious gourmet kitchen with wrap around bar seating for those intimate gatherings. The master suite has a spa tub, walk in closet and oversized separate shower that makes this the perfect retreat. Updates for the main house include electrical service and wiring, copper plumbing, heating/cooling, HDMI connections in bedrooms, living room and den as well as Cat5e and RJ46 throughout the house. The unit includes two bedrooms and one bath with updated kitchen, hardwood floors and barrel ceilings and is located above the three car garage. Many more upgrades, too numerous to mention.

Last Agent to Sell the Property

Scott Chapman

Coldwell Banker Realty License #01389775 Listed on: 01/18/2016

Coldwell Banker Realty

Last Buyer's Agent

Bob Martin

Compass License #01063632

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,947

Year Built

  • Built in 1922

Lot Details

  • 7,178 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Landscaped
  • Lawn
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 3,188 Sq Ft Home
  • Wired For Data
  • Coffered Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Storage
  • Wood Flooring
  • Neighborhood Views
  • Pull Down Stairs to Attic

Kitchen

  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 1225
  • Assessor Parcel Number 7139027006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $800
  • New Taxes Expense $12,437
  • Gross Income $1,700
  • Net Operating Income $5,363

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,947

Year Built

Built in 1922

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Los Cerritos (LC)
  • View: Yes
  • Water Sewer Expenses: 800.00
  • Property Type: Residential Income
  • Parcel Number: 7139027006
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Coffered Ceiling(s), Wired for Data, Granite Counters, Pull Down Stairs to Attic, Storage
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Fireplace Features: Family Room, Gas, Living Room
  • Levels: One
  • Price Per Square Foot: 313.68
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Natural Gas
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: Front Yard, Lawn, Landscaped
  • Lot Size Sq Ft: 7178.00
  • Price Per Lot Square Foot: 139.31
  • Lot Size Acres: 0.1650

Multi Family

  • Gross Income: 1700.00
  • Gross Scheduled Income: 20400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7178.0000 Square Feet
  • Net Operating Income: 5363.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 15037.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 12437.00
  • Tax Lot: 6
  • Tax Tract Number: 1225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2016
Closed on
Feb 18, 2016
Sold by
Tarapchak Glenn R
Bought by
Erickson Mark A and Davis Serene J
Seller's Agent
Scott Chapman
Coldwell Banker Realty
Buyer's Agent
Bob Martin
Compass
List Price
$995,000
Sold Price
$1,000,000
Premium/Discount to List
$5,000
0.5%
Current Estimated Value
$1,737,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$737,268
Avg. Annual Appreciation
5.72%
Original Mortgage
$800,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2008
Sold by
Citibank Na
Bought by
Tarapchak Glenn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2007
Sold by
Thompson Taiya
Bought by
Citibank Na and The Holders Of Bear Stearns Alt-A Trust

Purchase Details

Closed on
Sep 28, 2006
Sold by
Thompson Jimmy
Bought by
Thompson Taiya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 16, 2006
Sold by
Jolley Kathleen M
Bought by
Thompson Taiya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 12, 2005
Sold by
Scott David Michael and Scott Evelyn E
Bought by
Gifford Velma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 17, 2005
Sold by
Scott Evelyn E
Bought by
Scott David Michael and Scott Evelyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 11, 2004
Sold by
Scott Tracey Anne
Bought by
Scott David Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2001
Sold by
Baker William A and Harry D Baker Jr Family Trust
Bought by
Scott David Michael and Scott Evelyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
7.19%
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
Erickson Mark A $1,000,000 First American Title Company
Tarapchak Glenn R $685,000 Landsafe Title
Citibank Na $931,301 Landsafe Title
Thompson Taiya -- Alliance Title Company
Thompson Taiya $1,100,000 Alliance Title Company
Gifford Velma $940,000 --
Scott David Michael -- --
Scott Evelyn E -- Fidelity National Title Co
Scott David Michael -- First American Title Co Los
Scott David Michael $495,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Serene J $932,000
Closed Erickson Mark A $800,000
Previous Owner Tarapchak Glenn R $505,000
Previous Owner Tarapchak Glenn R $536,687
Previous Owner Tarapchak Glenn R $548,000
Previous Owner Thompson Taiya $220,000
Previous Owner Thompson Taiya $880,000
Previous Owner Gifford Velma $650,000
Previous Owner Scott Evelyn E $200,000
Previous Owner Scott David Michael $25,000
Previous Owner Scott David Michael $363,000
Previous Owner Dabbs Winston $13,950
Previous Owner Scott David Michael $365,000
Previous Owner Scott David Michael $364,500
Previous Owner Scott David Michael $351,000
Closed Scott David Michael $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2016 03/29/16 Sold $1,000,000 +0.5% $314 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $995,000 -- $312 / 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 $14,947 $1,183,790 $710,274 $473,516
2024 $14,947 $1,160,580 $696,348 $464,232
2023 $14,700 $1,137,825 $682,695 $455,130
2022 $13,797 $1,115,515 $669,309 $446,206
2021 $13,523 $1,093,643 $656,186 $437,457
2020 $13,487 $1,082,430 $649,458 $432,972
2019 $13,329 $1,061,207 $636,724 $424,483
2018 $12,916 $1,040,400 $624,240 $416,160
2016 $8,861 $740,000 $457,800 $282,200
2015 $8,628 $740,000 $457,800 $282,200
2014 $7,723 $651,333 $406,000 $245,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16011656

California Regional Multiple Listing Service (CRMLS)

APN: 7139-027-006