NOT LISTED FOR SALE

Estimated Value: $630,000 - $727,000

3 Beds
1 Bath
1,551 Sq Ft
$441/Sq Ft Est. Value

Last Sold October 28, 2013

Last sale price $320,000 $206 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $4,187/month

491 Days on Market

Highlights

  • Craftsman Architecture
  • Floor Furnace
  • Wood Siding

About This Home

As of October 2013

WOW WOW WOW THIS GORGEOUS DUPLEX CRAFTSMAN STYLE TOTALLY REMODELED FROM HEAD TO TOE. FIRST UNIT WITH THREE BEDROOMS ONE BATHROOM, TWO BEDROOMS ARE LOCATED IN THE SECOND LEVEL. BRAND NEW KITCHEN WITH GRANITE COUNTER TOPS AND NEW CABINETS, LAMINATED FLOORS WITH A BRAND NEW BATHROOM. AS FOR UNIT NUMBER TWO, IT HAS ONE BEDROOM, ONE BATHROOM NICE FIXTURES, FRESH PAINT, LAMINATED FLOORS, WITH A BRAND NEW KITCHEN WITH GRANITE COUNTER TOPS, AND NEW CABINETS, VERY COZY AND PERFECT TO HELP IN THE MORTGAGE PAYMENT. PLEASE SHOW THIS PROPERTY, IT HAS A LOT OF CHARACTER. HUGE PATIO IN THE BACK PERFECT FOR FAMILY GATHERINGS AND PARKING SPACE.

Last Agent to Sell the Property

Sonia Moncayo

ROA California Inc. License #01736947 Listed on: 08/21/2013

Last Buyer's Agent

Rachel Hanson

eXp Realty of Southern California, Inc. License #01809662

eXp Realty of Southern California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,912

Year Built

  • Built in 1905

Lot Details

  • 4,989

Home Design

  • Craftsman Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,551 Sq Ft Home
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Parking

  • 2 Parking Spaces
  • Parking Available
  • Driveway

Additional Features

  • 4,989 Sq Ft Lot
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 2285
  • Assessor Parcel Number 5109015026

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Cable TV Expense $150
  • Gardener Expense $300
  • Insurance Expense $1,555
  • Maintenance Expense $1,092
  • New Taxes Expense $3,887
  • Net Operating Income $21,096

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,912

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 6.94
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Gardener Expense: 300.00
  • Parcel Number: 5109015026
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Levels: Two
  • Price Per Square Foot: 206.32

Exterior Features

  • Roof: Shingle
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Floor Furnace

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4989.00
  • Lot Size Acres: 0.1150

Multi Family

  • Cable TV Expense: 150.00
  • Gross Multiplier: 9.74
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 1555.00
  • Maintenance Expense: 1092.00
  • Maintenance Percent: 3.00
  • Net Operating Income: 21096.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Patio: 1
  • Operating Expense: 8544.00
  • Total Actual Rent: 2600.00
  • Vacancy Allowance: 1560
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 3887.00
  • Tax Area: 7
  • Tax Lot: 26
  • Tax Tract Number: 2285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2013
Closed on
Sep 17, 2013
Sold by
Re Opportunity Llc
Bought by
Aguirre Francisco Barron and Barron Rosa Maria
Seller's Agent
Sonia Moncayo
ROA California Inc.
Buyer's Agent
Rachel Hanson
eXp Realty of Southern California, Inc.
List Price
$320,000
Sold Price
$320,000
Current Estimated Value
$684,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,154
Avg. Annual Appreciation
6.67%
Original Mortgage
$314,204
Interest Rate
4.53%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 16, 2011
Closed on
Feb 10, 2012
Sold by
Federal National Mortgage Association
Bought by
Reo Opportunity Llc
Seller's Agent
George Gusman
Century 21 Allstars
Buyer's Agent
Carlos Estrada
Liberty Investment Group
List Price
$184,900
Sold Price
$144,000
Premium/Discount to List
-$40,900
-22.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.77%
Original Mortgage
$1,000,000
Interest Rate
3.83%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 22, 2011
Sold by
Cardenas Manuel and Cardenas Maria Lara
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 8, 2007
Sold by
Seacliff Properties Inc
Bought by
Cardenas Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2006
Sold by
Armstrong Krystal Keyser
Bought by
Seacliff Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2004
Sold by
Armstrong Krystal Keyser and Keyser Thomas E
Bought by
Armstrong Krystal Keyser
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
Aguirre Francisco Barron $320,000 Old Republic Title Company
Reo Opportunity Llc $144,000 Lsi Title Company Inc
Federal National Mortgage Association $455,219 None Available
Cardenas Manuel $585,000 Southland Title Corporation
Seacliff Properties Inc $420,000 Commonwealth
Armstrong Krystal Keyser -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguirre Francisco Barron $306,311
Closed Aguirre Francisco Barron $310,525
Closed Aguirre Francisco Barron $314,204
Previous Owner Re Opportunity Llc $1,000,000
Previous Owner Reo Opportunity Llc $172,800
Previous Owner Cardenas Manuel $468,000
Previous Owner Seacliff Properties Inc $413,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2013 10/28/13 Sold $320,000 0.0% $206 / Sq Ft
09/12/2013 09/12/13 Pending -- -- --
05/09/2012 05/09/12 For Sale $320,000 +122.2% $206 / Sq Ft
03/02/2012 03/02/12 Sold $144,000 -22.1% $93 / Sq Ft
02/03/2012 02/03/12 Pending -- -- --
09/16/2011 09/16/11 For Sale $184,900 -- $119 / 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 $4,912 $392,264 $220,649 $171,615
2024 $4,912 $384,573 $216,323 $168,250
2023 $4,820 $377,033 $212,082 $164,951
2022 $4,600 $369,641 $207,924 $161,717
2021 $4,539 $362,395 $203,848 $158,547
2019 $4,406 $351,648 $197,802 $153,846
2018 $4,339 $344,754 $193,924 $150,830
2016 $4,138 $331,369 $186,395 $144,974
2015 $4,080 $326,393 $183,596 $142,797
2014 $4,104 $320,000 $180,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1202564

California Regional Multiple Listing Service (CRMLS)

APN: 5109-015-026