M
Seller's Agent in 2019
Matteo Bommarito
Keller Williams Realty
(310) 519-1080
10 Total Sales
420 Gulf Ave Wilmington, CA 90744
Estimated Value: $817,000 - $1,059,000
5
Beds
3
Baths
2,120
Sq Ft
$462/Sq Ft
Est. Value
About This Home
As of May 2019Price drop here's your chance. Huge lot- and a very Nice 3 unit property in a terrific quiet area. Property features a separate 3 bed 1 bath house in great condition with it's own private front yard. Also in the back is a duplex each with 2 spacious 1 bedroom units. Rear has a Huge carport for additional parking. Drive by!!!
Great income with room to increase
Last Agent to Sell the Property
Keller Williams Realty License #01367522 Listed on: 03/01/2019
Last Buyer's Agent
Irene Lopez
Keller Williams Realty License #01429134
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,224
Year Built
- Built in 1953
Lot Details
- 7,182 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- 2,120 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Additional Features
- Gas Cooktop
- Laundry Room
- Sewer Not Available
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 2948
- Assessor Parcel Number 7417015026
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $360
- Insurance Expense $1,600
- Trash Expense $600
- Water Sewer Expense $2,500
- New Taxes Expense $8,250
- Operating Expense $13,310
- Gross Income $53,052
- Net Operating Income $39,742
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2019
Closed on
Apr 29, 2019
Sold by
Bommarito Matteo
Bought by
Pilato Andrew Michael
Seller's Agent
Matteo Bommarito
Keller Williams Realty
Buyer's Agent
Irene Lopez
Keller Williams Realty
List Price
$715,000
Sold Price
$669,000
Premium/Discount to List
-$46,000
-6.43%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,839
Avg. Annual Appreciation
5.61%
Original Mortgage
$635,550
Outstanding Balance
$558,804
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$383,855
Purchase Details
Closed on
Mar 19, 2014
Sold by
Cachet Plus Properties Llc
Bought by
Bommarito Matteo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,062
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 23, 2012
Closed on
Apr 18, 2013
Sold by
Bumpers Catherine and Estate Of Eddie L Bumpers
Bought by
Cachet Plus Properties Llc
Seller's Agent
Eleanor Gillamac
American Financial Group
Buyer's Agent
Chuck Henderson
BHRG
List Price
$360,000
Sold Price
$297,000
Premium/Discount to List
-$63,000
-17.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.88%
Original Mortgage
$207,500
Interest Rate
3.41%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 26, 1997
Sold by
Bumpers Catherine
Bought by
Bumpers Eddie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.34%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pilato Andrew Michael | $669,000 | Fidelity National Title | |
| Pilato Andrew Michael | -- | Fidelity National Title Co | |
| Bommarito Matteo | $414,500 | North American Title Co Inc | |
| Cachet Plus Properties Llc | $297,000 | Ticor Title Co | |
| Bumpers Eddie L | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pilato Andrew Michael | $635,550 | |
| Previous Owner | Bommarito Matteo | $290,062 | |
| Previous Owner | Cachet Plus Properties Llc | $207,500 | |
| Previous Owner | Bumpers Eddie L | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2019 05/23/19 | Sold | $669,000 | 0.0% | $316 / Sq Ft |
| 03/07/2019 03/07/19 | Off Market | $669,000 | -- | -- |
| 03/04/2019 03/04/19 | Price Changed | $699,000 | -2.2% | $330 / Sq Ft |
| 03/01/2019 03/01/19 | For Sale | $715,000 | +140.7% | $337 / Sq Ft |
| 05/30/2013 05/30/13 | Sold | $297,000 | -17.5% | $140 / Sq Ft |
| 03/12/2013 03/12/13 | Pending | -- | -- | -- |
| 04/23/2012 04/23/12 | For Sale | $360,000 | -- | $170 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,224 | $746,276 | $557,756 | $188,520 |
| 2024 | $9,224 | $731,644 | $546,820 | $184,824 |
| 2023 | $9,050 | $717,299 | $536,099 | $181,200 |
| 2022 | $8,636 | $703,236 | $525,588 | $177,648 |
| 2021 | $8,526 | $689,448 | $515,283 | $174,165 |
| 2020 | $8,610 | $682,380 | $510,000 | $172,380 |
| 2019 | $5,769 | $455,497 | $330,222 | $125,275 |
| 2018 | $5,676 | $446,567 | $323,748 | $122,819 |
| 2016 | $5,415 | $429,227 | $311,177 | $118,050 |
| 2015 | $5,339 | $422,780 | $306,503 | $116,277 |
| 2014 | $3,959 | $298,347 | $170,771 | $127,576 |
Source: Public Records
Agents Affiliated with this Home
-
Matteo Bommarito
-
I
Buyer's Agent in 2019
Irene Lopez
Keller Williams Realty
-
Eleanor Gillamac
E
Seller's Agent in 2013
Eleanor Gillamac
American Financial Group
(562) 216-1000
16 Total Sales
-
Chuck Henderson
Buyer's Agent in 2013
Chuck Henderson
BHRG
(818) 754-0374
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19036812
APN: 7417-015-026
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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