NOT LISTED FOR SALE

Estimated Value: $694,000 - $1,226,640

4 Beds
2 Baths
2,261 Sq Ft
$395/Sq Ft Est. Value

Last Sold November 29, 2016

Last sale price $390,000 $172 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $5,266/month

8 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Lawn
  • Cooling System Mounted To A Wall/Window
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

About This Home

As of November 2016

Excellent investment opportunity. Very desirable historical area, absolutely charming vintage 1930"s duplex that has been very well maintained. Hardwood floors, fireplaces in each unit. Two single car garages. Really nice quiet family neighborhood located on a beautiful palm tree lined street.

Last Agent to Sell the Property

Mark Meiser

RIVERSIDE REALTY GROUP License #01172188 Listed on: 10/07/2016

Last Buyer's Agent

Mark Meiser

RIVERSIDE REALTY GROUP License #01172188 Listed on: 10/07/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,868

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Turnkey
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,261 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Wood Flooring
  • Neighborhood Views
  • Gas Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 225102016

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,145
  • New Taxes Expense $4,170
  • Gross Income $27,000
  • Net Operating Income $21,684

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,868

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R1065
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 225102016
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 172.49
  • Room Type: All Bedrooms Down, Family Room

Exterior Features

  • Foundation: Concrete Perimeter
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn
  • Lot Size Sq Ft: 7405.00

Multi Family

  • Gross Income: 27000.00
  • Gross Scheduled Income: 27000.00
  • Insurance Expense: 1145.00
  • Net Operating Income: 21684.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 5315.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4170.00
  • Tax Census Tract: 311.00
  • Tax Lot: 8
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2016
Closed on
Oct 18, 2016
Sold by
Zopf Peggy J
Bought by
Vukosav Ivan
Seller's Agent
Mark Meiser
RIVERSIDE REALTY GROUP
Buyer's Agent
Mark Meiser
RIVERSIDE REALTY GROUP
List Price
$390,000
Sold Price
$390,000
Current Estimated Value
$893,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,660
Avg. Annual Appreciation
9.94%
Original Mortgage
$265,000
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 1998
Sold by
Zopf Ronald D and Zopf Peggy J
Bought by
Zopf Ronald D and Zopf Peggy J

Purchase Details

Closed on
Nov 11, 1997
Sold by
Zopf Ronald D and Zopf Peggy J
Bought by
Zopf Ronald D and Zopf Peggy J
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
Vukosav Ivan $780,000 Orange Coast Title
Zopf Ronald D -- --
Zopf Ronald D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vukosav Ivan $246,215
Closed Vukosav Ivan $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2016 11/29/16 Sold $390,000 0.0% $172 / Sq Ft
10/15/2016 10/15/16 Pending -- -- --
10/14/2016 10/14/16 Off Market $390,000 -- --
10/07/2016 10/07/16 For Sale $390,000 -- $172 / 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 $4,868 $452,622 $139,267 $313,355
2023 $4,868 $435,048 $133,860 $301,188
2022 $4,755 $426,519 $131,236 $295,283
2021 $4,693 $418,157 $128,663 $289,494
2020 $4,657 $413,870 $127,344 $286,526
2019 $4,568 $405,756 $124,848 $280,908
2018 $4,478 $397,800 $122,400 $275,400
2017 $4,476 $390,000 $120,000 $270,000
2016 $1,371 $120,673 $25,405 $95,268
2015 $1,351 $118,862 $25,024 $93,838
2014 $1,338 $116,535 $24,535 $92,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16719593

California Regional Multiple Listing Service (CRMLS)

APN: 225-102-016