NOT LISTED FOR SALE

Estimated Value: $705,000 - $908,000

4 Beds
2 Baths
1,500 Sq Ft
$534/Sq Ft Est. Value

Sale Details

Date Sold: September 28, 2017

Last sale price $415,000 $277 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,704 / mo

9 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • More Than Two Accessible Exits
  • Contemporary Architecture
  • Laundry Room
  • Tile Flooring

About This Home

As of September 2017

Excellent opportunity. Two detached houses on a lot. 408 E 80th St and 410 E 80th St. Both houses features 2-Bedrooms 1-Bath, ceramic tile, carpet in bedrooms. Front house new interior paint, new carpet. Some fruit trees, long concrete driveway, 2-car garage, located in a desirable area near to schools, downtown, employment and shopping centers.

Last Agent to Sell the Property

MAURICIO ACEVEDO

Monarch Real Estate Services License #01126029 Listed on: 08/02/2017

Last Buyer's Agent

Karen Barradas

First Choice Realty Group License #01251686

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 5,209 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Rectangular Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 1,500 Sq Ft Home
  • Duplex
  • Contemporary Architecture
  • Fire Rated Drywall
  • Shingle Roof
  • Stucco

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Utilities

  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Laundry Room
  • More Than Two Accessible Exits
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 45
  • Tax Tract Number 26
  • Assessor Parcel Number 6030032027

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,248
  • Trash Expense $15
  • Water Sewer Expense $100
  • New Taxes Expense $4,987
  • Operating Expense $6,002
  • Gross Income $30,000
  • Net Operating Income $24,840

Property Details

Home Type

Multi-Family

Year Built

Built in 1959 | Remodeled

Lot Details

5,209 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 100.00
  • Zoning: LAR2
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6030032027
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: 2+ Access Exits
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 276.67
  • Room Type: All Bedrooms Down

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 15.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot
  • Lot Size Sq Ft: 5209.00
  • Lot Size Acres: 0.1196

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 30000.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 1248.00
  • Lot Size Area: 5209.0000 Square Feet
  • Net Operating Income: 24840.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 2760.00
  • Rent Control: Yes
  • Total Actual Rent: 1184.50
  • Total Expenses: 6002.00

Tax Info

  • New Taxes Expense: 4987.00
  • Tax Census Tract: 2398.01
  • Tax Lot: 45
  • Tax Tract Number: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2018
Sold by
Gomez Jose T Romero and Garcia Glenda Rosibel Diaz
Bought by
Gomez Jose T Romero
Current Estimated Value
$800,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Outstanding Balance
$354,056
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$446,589

Purchase Details

Listed on
Aug 2, 2017
Closed on
Oct 4, 2017
Sold by
Gomez Jose T Romero
Bought by
Gomez Jose T Romero and Garcia Glenda Rosibel Diaz
Seller's Agent
MAURICIO ACEVEDO
Monarch Real Estate Services
Buyer's Agent
Karen Barradas
First Choice Realty Group
List Price
$399,900
Sold Price
$415,000
Premium/Discount to List
$15,100
3.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$407,483
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 2, 2017
Closed on
Sep 15, 2017
Sold by
Medrano Romaha
Bought by
Gomez Jose T Romero and Rodriguez Jose L
Seller's Agent
MAURICIO ACEVEDO
Monarch Real Estate Services
Buyer's Agent
Karen Barradas
First Choice Realty Group
List Price
$399,900
Sold Price
$415,000
Premium/Discount to List
$15,100
3.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,483
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2007
Sold by
Medrano Romana
Bought by
Medrano Romana

Purchase Details

Closed on
Aug 18, 2005
Sold by
Leyva Luis
Bought by
Leyva Luis and Medrano Romana

Purchase Details

Closed on
Jul 30, 2002
Sold by
Medrano Romana and Leyva Andres
Bought by
Leyva Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.24%

Purchase Details

Closed on
Jun 2, 2000
Sold by
Leyva Luis and Medrano Romana
Bought by
Leyva Luis and Leyva Andres

Purchase Details

Closed on
Apr 29, 1999
Sold by
Leyva Luis and Leyva Andres
Bought by
Leyva Luis and Medrano Romana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,880
Interest Rate
6.96%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 1998
Sold by
James Helen B and Estate Of Amanda Brown
Bought by
Leyva Luis and Leyva Andres
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gomez Jose T Romero -- Stewart Title
Gomez Jose T Romero -- None Available
Gomez Jose T Romero -- None Available
Gomez Jose T Romero $415,000 Chicago Title
Medrano Romana -- None Available
Leyva Luis -- Fidelity National Title Comp
Leyva Luis -- American Title Co
Leyva Luis -- --
Leyva Luis -- Chicago Title
Leyva Luis $137,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Jose T Romero $406,000
Previous Owner Gomez Jose T Romero $407,483
Previous Owner Leyva Luis $140,000
Previous Owner Leyva Luis $135,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2017 09/28/17 Sold $415,000 +3.8% $277 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $399,900 -- $267 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,863 $582,864 $358,413 $224,451
2024 $5,863 $462,936 $351,386 $111,550
2023 $5,753 $453,860 $344,497 $109,363
2022 $5,489 $444,962 $337,743 $107,219
2021 $5,419 $436,238 $331,121 $105,117
2020 $5,470 $431,766 $327,726 $104,040
2019 $5,260 $423,300 $321,300 $102,000
2018 $5,178 $415,000 $315,000 $100,000
2017 $3,038 $243,967 $108,741 $135,226
2016 $2,956 $239,184 $106,609 $132,575
2015 $2,913 $235,592 $105,008 $130,584
2014 $2,933 $230,979 $102,952 $128,027
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17177830

California Regional Multiple Listing Service (CRMLS)

APN: 6030-032-027

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