NOT LISTED FOR SALE

Estimated Value: $1,029,440 - $1,406,000

6 Beds
5 Baths
2,700 Sq Ft
$435/Sq Ft Est. Value

Last Sold December 27, 2017

Last sale price $675,000 $250 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $7,028/month

59 Days on Market

Highlights

  • Granite Countertops
  • Laundry Room
  • Wall Furnace
  • No HOA

About This Home

As of December 2017

Excellent income property,2 buildings, front building has 2 units, bottom unit is non conforming. Upper unit is a 2 BD, 1, and 3/4 BA, bottom unit is a 2 BD and 3/4 BA. 1 gas and electric meter on this building, tenants pay 50% each. Back bldg. is a 2 BD and 1, and 3/4 BA with 2 additional small rooms, parking is thru the alley. this bldg. has its own meters. water service is paid by all three tenants.
Bring your best offer, seller is willing to sell. Buyers and buyers agents to use due diligence - property to be sold in its present condition.

Last Agent to Sell the Property

Maria Celis

Millenium Realtors Inc License #01103114 Listed on: 10/03/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,283

Year Built

  • Built in 1965

Lot Details

  • 7,000 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 2,700 Sq Ft Home
  • Duplex

Kitchen

  • Gas Cooktop
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 6&7
  • Tax Tract Number 515
  • Assessor Parcel Number 5414010400

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,100
  • Net Operating Income $3,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,283

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5414010400
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Interior Amenities: Granite Counters, Pantry
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 250.00
  • Room Type: Kitchen, Laundry

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • 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: 2-5 Units/Acre
  • Lot Size Sq Ft: 7000.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4100.00
  • Gross Scheduled Income: 4100.00
  • Net Operating Income: 3700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 400.00
  • Rent Control: No
  • Total Actual Rent: 4100.00

Tax Info

  • Tax Lot: 6&7
  • Tax Tract Number: 000515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2017
Closed on
Dec 22, 2017
Sold by
Ashkhatoyan Suren
Bought by
Dinsmore Susan
Seller's Agent
Maria Celis
Millenium Realtors Inc
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$690,000
Sold Price
$675,000
Premium/Discount to List
-$15,000
-2.17%
Current Estimated Value
$1,175,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,110
Avg. Annual Appreciation
7.40%
Original Mortgage
$485,000
Outstanding Balance
$408,433
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$766,677

Purchase Details

Listed on
Oct 3, 2017
Closed on
Dec 15, 2017
Sold by
Dinsmore Susan
Bought by
Oladi Reza and Khamooshian Parasto
Seller's Agent
Maria Celis
Millenium Realtors Inc
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$690,000
Sold Price
$675,000
Premium/Discount to List
-$15,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Outstanding Balance
$408,433
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$766,677

Purchase Details

Closed on
Aug 13, 2003
Sold by
Ridgway Martha
Bought by
Dinsmore Susan

Purchase Details

Closed on
Sep 21, 2000
Sold by
Zimmerman Harvey
Bought by
Ridgway Martha

Purchase Details

Closed on
Dec 23, 1999
Sold by
Thompson Donald E Living Trust and Eugene Donald
Bought by
Zimmerman Harvey

Purchase Details

Closed on
May 31, 1995
Sold by
Newby George and Thompson Donald Eugene
Bought by
Thompson Donald Eugene

Purchase Details

Closed on
Jul 16, 1990

Purchase Details

Closed on
Jan 30, 1987
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
Dinsmore Susan -- Orange Coast Title
Oladi Reza $675,000 Orange Coast Title
Dinsmore Susan $160,000 --
Ridgway Martha -- --
Zimmerman Harvey -- --
Thompson Donald Eugene $79,948 Stewart Title Company
-- $220,000 --
-- $55,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oladi Reza $485,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2017 12/27/17 Sold $675,000 -2.2% $250 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $690,000 -- $256 / 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 $9,283 $768,026 $526,648 $241,378
2024 $9,283 $752,968 $516,322 $236,646
2023 $9,078 $738,205 $506,199 $232,006
2022 $8,837 $723,731 $496,274 $227,457
2021 $8,776 $709,542 $486,544 $222,998
2020 $8,670 $702,268 $481,556 $220,712
2019 $8,516 $688,499 $472,114 $216,385
2018 $7,962 $675,000 $462,857 $212,143
2017 $4,126 $350,000 $240,000 $110,000
2016 $3,553 $300,000 $206,000 $94,000
2015 $3,436 $290,000 $200,000 $90,000
2014 $3,450 $290,000 $200,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17261885

California Regional Multiple Listing Service (CRMLS)

APN: 541-401-04