NOT LISTED FOR SALE

Estimated Value: $934,136 - $1,039,000

2 Beds
2 Baths
1,492 Sq Ft
$654/Sq Ft Est. Value

Last Sold March 04, 2012

Last sale price $439,900 $295 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $5,857/month

17 Days on Market

Highlights

  • Spanish Architecture
  • Carpet
  • 4-minute walk to Marshall Park
  • Garvey (Richard) Intermediate School Rated A-
  • No Heating

About This Home

As of March 2012

Nice duplex Front unit 1+1 spanish style, mock fireplace in living room and a nice front yard, rear unit 2+1 Swiss Chalet style has small back yard, Both units are in good condition with a two car garage between both units and plenty of on site parking. ALL OFFERS HAVE BEEN SUBMITED.

Last Agent to Sell the Property

Anita Contreras

Berkshire Hatheway Home Serv License #01045143 Listed on: 01/13/2012

Berkshire Hatheway Home Serv

Last Buyer's Agent

Rui Tang Tan

IRN REALTY License #01133010

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,942

Year Built

  • Built in 1926

Lot Details

  • 5,931 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Spanish Architecture
  • Stucco

Interior Spaces

  • 1,492 Sq Ft Home
  • Carpet

Utilities

  • No Heating
  • Sewer Paid

Listing and Financial Details

  • Tax Tract Number 2826
  • Assessor Parcel Number 5360035002

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $7,939

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,942

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 5360035002
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Appliances: Yes
  • Price Per Square Foot: 294.84

Exterior Features

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

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: No
  • Sewer: Sewer Paid

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5931.00
  • Lot Size Acres: 0.1360

Multi Family

  • Lot Size Area: 5931.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 7939.00
  • Tax Area: 3932
  • Tax Lot: 0.
  • Tax Tract Number: 2826

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2013
Sold by
Lu Xin Qiang
Bought by
The Lu Residence Trust
Current Estimated Value
$975,034

Purchase Details

Listed on
Jan 13, 2012
Closed on
Feb 8, 2012
Sold by
Gmac Mortgage Llc
Bought by
Lu Xin Qiang
Seller's Agent
Anita Contreras
Berkshire Hatheway Home Serv
Buyer's Agent
Rui Tang Tan
IRN REALTY
List Price
$414,900
Sold Price
$439,900
Premium/Discount to List
$25,000
6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$219,000
Outstanding Balance
$150,693
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$831,982

Purchase Details

Closed on
Oct 31, 2011
Sold by
Li Alfred and Li Mary
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Apr 23, 2007
Sold by
Li Alfred and Li Mary
Bought by
Li Alfred and Li Mary

Purchase Details

Closed on
Aug 7, 2006
Sold by
Li Alfred and Chou Tim
Bought by
Li Alfred and Li Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 29, 2005
Sold by
Lai Jimmy and Zhang Yali
Bought by
Li Alfred and Chou Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,400
Interest Rate
5.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 12, 2005
Sold by
Chou Lily
Bought by
Lai Jimmy and Zhang Yali

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
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2005
Sold by
Muir Pamela and The Wright Dupree Trust
Bought by
Chou Lily

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
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2005
Sold by
Bank Of The West
Bought by
Muir Pamela and The Wright-Dupree Trust

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
5.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
The Lu Residence Trust -- None Available
Lu Xin Qiang $440,000 Lsi Title Company Ca
Gmac Mortgage Llc $450,000 Accommodation
Li Alfred -- Chicago Title Co
Li Alfred -- Chicago Title Co
Li Alfred $572,000 Investors Title Company
Li Alfred -- Investors Title Company
Lai Jimmy -- --
Chou Lily -- --
Chou Lily $500,000 Investors Title Company
Muir Pamela -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Xin Qiang $219,000
Previous Owner Li Alfred $500,000
Previous Owner Li Alfred $88,400
Previous Owner Li Alfred $455,000
Previous Owner Chou Lily $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2012 03/04/12 Sold $439,900 +6.0% $295 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $414,900 -- $278 / 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 $7,942 $552,527 $386,733 $165,794
2024 $7,942 $541,694 $379,150 $162,544
2023 $7,667 $531,073 $371,716 $159,357
2022 $7,332 $520,661 $364,428 $156,233
2021 $7,295 $510,453 $357,283 $153,170
2020 $7,227 $505,220 $353,620 $151,600
2019 $7,032 $495,315 $346,687 $148,628
2018 $6,945 $485,604 $339,890 $145,714
2016 $6,414 $466,749 $326,693 $140,056
2015 $6,314 $459,739 $321,786 $137,953
2014 $6,234 $450,734 $315,483 $135,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1200267

California Regional Multiple Listing Service (CRMLS)

APN: 5360-035-002