NOT LISTED FOR SALE

Estimated Value: $948,000 - $1,036,978

3 Beds
2 Baths
2,004 Sq Ft
$490/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $319,500 $159 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $5,798/month

92 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Heating System Uses Natural Gas

About This Home

As of January 2013

Spanish stucco in desireable Leimert Park. Side by side duplex Attached with 1 bedroom, 1 bath and 2 bedroom 1 bath. Extra large bedrooms and living rooms with fireplace and abundance of large closets. One bedroom is vacant and easy to show anytime and 2 bedroom must have 24 hour notice, which is tenant occupied. Detached garage and large rear yard with patio. Some hardwood floors and some carpeting. One bedroom has new carpet, with laundry room. New roof installed in Nov. 2011. This is a standard sale. Active again; subject to cancellation.

Last Agent to Sell the Property

Ruth Hayles

RAH Realty & Investments Inc. License #00842547 Listed on: 07/29/2012

Last Buyer's Agent

Don Dorsey

The Southward Group License #00935672

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 5,256 Sq Ft Lot
  • Lot Dimensions are 48x109

Parking

  • 2 Car Garage
  • Front Facing Garage

Home Design

  • Spanish Architecture
  • Stucco

Interior Spaces

  • 2,004 Sq Ft Home
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Range

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 197
  • Tax Tract Number 9741
  • Assessor Parcel Number 5023019009

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $660
  • Insurance Expense $1,700
  • Professional Management Expense $852
  • Trash Expense $450
  • Water Sewer Expense $600
  • New Taxes Expense $3,937
  • Gross Income $1,916
  • Net Operating Income $19,695

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 6.25
  • Professional Management Expense: 852.00
  • View: No
  • Water Sewer Expenses: 600.00
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 5023019009
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Wood
  • Appliances: No
  • Price Per Square Foot: 159.43

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Range
  • Heating Type: Natural Gas, Wall Furnace
  • Trash Expense: 450.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 48x109
  • Lot Size Sq Ft: 5256.00
  • Lot Size Acres: 0.1210

Multi Family

  • Gross Income: 1916.00
  • Gross Multiplier: 13.70
  • Gross Scheduled Income: 22992.00
  • Insurance Expense: 1700.00
  • Net Operating Income: 19695.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Patio: 1
  • Operating Expense: 3297.00
  • Other Expense Description: 600
  • Vacancy Allowance Rate: 50.00

Tax Info

  • New Taxes Expense: 3937.00
  • Tax Area: 68
  • Tax Lot: 197
  • Tax Tract Number: 9741

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2017
Sold by
Bernardez Jeshell
Bought by
Wolfe Umilta Maria and The Umilta Maria Wolfe Revocable Trust
Current Estimated Value
$980,995

Purchase Details

Closed on
Nov 20, 2012
Sold by
Lloyd Dorothy M and Ludd Charles A
Bought by
Bernardez Jeshell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
3.33%
Mortgage Type
New Conventional
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
Wolfe Umilta Maria -- None Available
Bernardez Jeshell $290,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bernardez Jeshell $217,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2013 01/31/13 Sold $319,500 +1.4% $159 / Sq Ft
10/29/2012 10/29/12 Pending -- -- --
07/29/2012 07/29/12 For Sale $315,000 -- $157 / 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 $7,106 $580,288 $464,232 $116,056
2024 $7,106 $568,911 $455,130 $113,781
2023 $6,974 $557,756 $446,206 $111,550
2022 $6,659 $546,820 $437,457 $109,363
2021 $6,567 $536,099 $428,880 $107,219
2019 $6,373 $520,200 $416,160 $104,040
2018 $6,266 $510,000 $408,000 $102,000
2016 $4,182 $332,352 $232,647 $99,705
2015 $4,123 $327,361 $229,153 $98,208
2014 $4,149 $320,950 $224,665 $96,285
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1203913

California Regional Multiple Listing Service (CRMLS)

APN: 5023-019-009