NOT LISTED FOR SALE

Estimated Value: $280,637 - $366,000

2 Beds
2 Baths
1,200 Sq Ft
$271/Sq Ft Est. Value

Last Sold September 07, 2012

Last sale price $95,000 $79 Per Sq Ft

Est. 242% increase in value since last sale

Current estimated payment $1,938/month

23 Days on Market

About This Home

As of September 2012

Great little Duplex in the center of the city. The property was renovated in 2009 and both units are in good condition.

Last Listed By

Bill O'Rafferty

Bill O'Rafferty, Broker License #01404633 Listed on: 06/20/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,430

Year Built

  • Built in 1942

Lot Details

  • 6,970

Parking

  • 2 Parking Spaces

Home Design

  • 1,200 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • 6,970 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 437171006

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $1,200
  • Net Operating Income $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,430

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 437171006
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 79.17

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Heating: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Income: 1200.00
  • Gross Scheduled Income: 1200.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 1000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 200.00
  • Rent Control: No

Tax Info

  • Tax Lot: 000
  • Tax Tract Number: 000
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2012
Closed on
Jul 19, 2012
Sold by
The Odonnell Group Inc
Bought by
Miramontes Luis
Seller's Agent
Bill O'Rafferty
Bill O'Rafferty, Broker
Buyer's Agent
Bill O'Rafferty
Bill O'Rafferty, Broker
List Price
$99,500
Sold Price
$95,000
Premium/Discount to List
-$4,500
-4.52%
Total Days on Market
23
Current Estimated Value
$324,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,909
Avg. Annual Appreciation
10.23%
Original Mortgage
$76,000
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 2008
Sold by
Deutsche Bank Trust Company Americas
Bought by
The Odonnell Group Inc

Purchase Details

Closed on
Jun 9, 2008
Sold by
Gamboa Cynthia
Bought by
Deutsche Bank Trust Co Americas

Purchase Details

Closed on
Mar 14, 2006
Sold by
Gamboa Ruben
Bought by
Gamboa Cynthia

Purchase Details

Closed on
Mar 7, 2006
Sold by
Constantino Jose
Bought by
Gamboa Cynthia

Purchase Details

Closed on
Jun 24, 2004
Sold by
Johannsen Gerald Lance and Johannsen Susan D
Bought by
Constantino Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,200
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 2004
Sold by
Johannsen Gerald Lance
Bought by
Johannsen Gerald Lance and Johannsen Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,200
Interest Rate
4.25%
Mortgage Type
Commercial

Range of Values:

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Average Value
Not Available
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
Miramontes Luis $95,000 Advantage Title Inc
The Odonnell Group Inc -- Orange Coast Title
Deutsche Bank Trust Co Americas $157,250 None Available
Gamboa Cynthia -- Orange Coast Title Of The In
Gamboa Cynthia $336,000 Orange Coast Title Of The In
Constantino Jose $158,000 Orange Coast Title Co
Constantino Jose -- Orange Coast Title Co
Johannsen Gerald Lance -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miramontes Luis $76,000
Previous Owner Constantino Jose $142,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2012 09/07/12 Sold $95,000 +26.8% $79 / Sq Ft
08/03/2012 08/03/12 Sold $74,900 -24.7% $62 / Sq Ft
07/13/2012 07/13/12 Pending -- -- --
06/20/2012 06/20/12 For Sale $99,500 +32.8% $83 / Sq Ft
12/23/2008 12/23/08 Pending -- -- --
10/15/2008 10/15/08 For Sale $74,900 -- $62 / 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
2023 $1,430 $112,431 $41,421 $71,010
2022 $1,398 $110,227 $40,609 $69,618
2021 $1,376 $108,066 $39,813 $68,253
2020 $1,369 $106,959 $39,405 $67,554
2019 $1,344 $104,863 $38,633 $66,230
2018 $1,320 $102,808 $37,876 $64,932
2017 $1,294 $100,793 $37,134 $63,659
2016 $1,642 $98,817 $36,406 $62,411
2015 $1,222 $97,335 $35,860 $61,475
2014 $1,183 $95,430 $35,158 $60,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12077792

California Regional Multiple Listing Service (CRMLS)

APN: 437-171-006