NOT LISTED FOR SALE

Estimated Value: $699,000 - $871,000

3 Beds
2 Baths
1,122 Sq Ft
$692/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $652,000 $581 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,776/month

32 Days on Market

About This Home

As of December 2022

WELL MAINTAINED INCOME PROPERTY! Front unit features 2 bedrooms/1 bathroom. Rear unit features 1 bedroom/1 bathroom.

Last Agent to Sell the Property

Sarah Kim

Sarah Kim, Broker License #02033475 Listed on: 10/14/2022

Last Buyer's Agent

Augusto Bautista

Home Smart Realty Group License #00836346

Home Smart Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 3,120 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 1,122 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • Driveway
  • On-Street Parking

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 4 / 3
  • Tax Tract Number 2
  • Assessor Parcel Number 7208028002

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Trash Expense $900
  • Operating Expense $2,300
  • Net Operating Income $52,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7208028002
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 581.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking Features: Driveway, Street

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3120.00
  • Lot Size Acres: 0.0716

Multi Family

  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 3120.0000 Square Feet
  • Net Operating Income: 52800.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Expenses: 2300.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 5732.02
  • Tax Lot: 4
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Dec 4, 2022
Sold by
Ringwood Family Living Trust
Bought by
Mfb Rentals Llc
Seller's Agent
Sarah Kim
Sarah Kim, Broker
Buyer's Agent
Augusto Bautista
Home Smart Realty Group
List Price
$749,900
Sold Price
$652,000
Premium/Discount to List
-$97,900
-13.06%
Views
12
Current Estimated Value
$775,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,932
Avg. Annual Appreciation
5.87%

Purchase Details

Closed on
Dec 25, 2019
Sold by
Ringwood Ryan P and Ringwood Kelly
Bought by
Ringwood Ryan Penn and Ringwood Kelly B

Purchase Details

Closed on
Feb 15, 2018
Sold by
Nay Bounkeat and Chan Sorphear
Bought by
Ringwood Ryan and Ringwood Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2014
Closed on
Apr 25, 2014
Sold by
Tan Chng Song and Tan Romloeung
Bought by
Nay Bounkeat and Chan Sorphear
Seller's Agent
steven mueller
Broadmoor Realty, Inc.
Buyer's Agent
Theary Sim-ieng
California Financial & RE Ctr
List Price
$389,900
Sold Price
$325,000
Premium/Discount to List
-$64,900
-16.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$243,750
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2011
Sold by
Tan Sokvannak and Tan Bona
Bought by
Tan Sokvannak and Tan Bona

Purchase Details

Closed on
Mar 19, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tan Cheng Song and Tan Romloeung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,920
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2009
Sold by
Merida Edmundo E and Merida Imelda
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,920
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2007
Sold by
Merida Edmundo E and Merida Edmundo F
Bought by
Merida Edmundo E and Merida Imelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2007
Sold by
Merida Edmundo F
Bought by
Merida Edmundo F and Merida Imelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2006
Sold by
Merida Edmundo E
Bought by
Merida Edmundo E and Merida Imelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
1.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 27, 2006
Sold by
Merida Edmundo E
Bought by
Merida Edmundo E and Merida Imelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
7.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2002
Sold by
Sandoval Fortunato and Sandoval Artemia
Bought by
Merida Edmundo E and Merida Imelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,435
Interest Rate
6.6%
Mortgage Type
FHA
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
Mfb Rentals Llc $652,000 Chicago Title Company
Ringwood Ryan Penn -- None Available
Ringwood Ryan $440,000 Chicago Title Company
Nay Bounkeat $325,000 Nations Title Company
Tan Sokvannak -- None Available
Tan Cheng Song $225,000 Ticor Title Redlands
Federal Home Loan Mortgage Corporation $142,268 Accommodation
Merida Edmundo E -- Accommodation
Merida Edmundo F -- None Available
Merida Edmundo E -- Accommodation
Merida Edmundo E -- Southland Title
Merida Edmundo E -- Southland Title
Merida Emundo E -- Southland Title
Merida Edmundo E $166,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ringwood Ryan $308,000
Previous Owner Nay Bounkeat $243,750
Previous Owner Tan Cheng Song $179,920
Previous Owner Merida Edmundo E $45,000
Previous Owner Merida Edmundo E $350,000
Previous Owner Merida Emundo E $338,000
Previous Owner Merida Edmundo E $163,435
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2022 12/16/22 Sold $652,000 -13.1% $581 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $749,900 +130.7% $668 / Sq Ft
05/09/2014 05/09/14 Sold $325,000 -16.6% $290 / Sq Ft View Prior Sale
04/01/2014 04/01/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $389,900 -- $348 / 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 $8,661 $678,340 $470,260 $208,080
2024 $8,661 $665,040 $461,040 $204,000
2023 $8,515 $652,000 $452,000 $200,000
2022 $6,000 $471,766 $214,439 $257,327
2021 $5,880 $462,517 $210,235 $252,282
2020 $5,865 $457,776 $208,080 $249,696
2019 $5,797 $448,800 $204,000 $244,800
2018 $4,528 $350,142 $161,604 $188,538
2016 $4,169 $336,548 $155,330 $181,218
2015 $4,003 $331,493 $152,997 $178,496
2014 $2,894 $236,357 $157,572 $78,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22222198

California Regional Multiple Listing Service (CRMLS)

APN: 7208-028-002