NOT LISTED FOR SALE

Estimated Value: $1,065,251 - $1,195,000

4 Beds
2 Baths
2,010 Sq Ft
$560/Sq Ft Est. Value

Last Sold March 11, 2014

Last sale price $528,420 $263 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $6,669/month

15 Days on Market

Highlights

  • 0.14 Acre Lot
  • Tudor Architecture
  • Laundry Room
  • Woodrow Wilson High School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of March 2014

Great opportunity to own a character duplex with an easy stroll to Retro Row (4th Street) boutiques, shopping, dining & entertainment venues. Ideal for owner occupant + rental income. Both units are 2 bedroom 1 bath + in unit laundry facilities. Period touches include some hardwood flooring, mahoghany trim, faux fireplaces + step down living rooms. Both units have central heat & air conditioning. Large lot with long gated drive leading to 2 car detached garage. Rear yard with fruit trees. Drive by only! 447 & 449 Saint Louis....

Last Agent to Sell the Property

Mike Varner Jr.

Lynnette Taylor, Broker License #00821973 Listed on: 02/05/2014

Last Buyer's Agent

Greg Bingham

Coldwell Banker Realty License #01309137

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 6,279 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 2,010 Sq Ft Home
  • Tudor Architecture
  • Property Attached
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 7263003029

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $7,362
  • Gross Income $2,320

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

6,279 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Architectural Style: Tudor
  • Property Type: Residential Income
  • Parcel Number: 7263003029
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 262.90

Exterior Features

  • Direction Faces: East
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6279.00
  • Lot Size Acres: 0.1440

Multi Family

  • Gross Income: 2320.00
  • Gross Scheduled Income: 27840.00
  • Lot Size Area: 6279.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7362.00
  • Tax Lot: 14
  • Tax Tract Number: Iowa
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2014
Closed on
Feb 21, 2014
Sold by
Mcdaniel Gary
Bought by
Parello Charles and Babeli Carol
Seller's Agent
Mike Varner Jr.
Lynnette Taylor, Broker
Buyer's Agent
Greg Bingham
Coldwell Banker Realty
List Price
$575,000
Sold Price
$528,420
Premium/Discount to List
-$46,580
-8.1%
Current Estimated Value
$1,125,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$597,393
Avg. Annual Appreciation
6.48%

Purchase Details

Closed on
Jul 27, 2010
Sold by
447 Inc
Bought by
Mcdaniel Gary and Norton Lora

Purchase Details

Closed on
Oct 18, 1995
Sold by
Mcdaniel Gary
Bought by
447 Inc

Purchase Details

Closed on
Jan 19, 1994
Sold by
Powis Charles A
Bought by
Mcdaniel Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Parello Charles $528,500 Equity Title Orange County-L
Mcdaniel Gary -- None Available
447 Inc -- --
Mcdaniel Gary $180,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdaniel Gary $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2014 03/11/14 Sold $528,420 -8.1% $263 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $575,000 -- $286 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,333 $647,856 $490,338 $157,518
2024 $8,333 $635,154 $480,724 $154,430
2023 $8,193 $622,701 $471,299 $151,402
2022 $7,695 $610,492 $462,058 $148,434
2021 $7,539 $598,523 $452,999 $145,524
2019 $7,430 $580,772 $439,564 $141,208
2018 $7,156 $569,386 $430,946 $138,440
2017 $7,079 $558,223 $422,497 $135,726
2016 $6,576 $547,278 $414,213 $133,065
2015 $6,390 $539,059 $407,992 $131,067
2014 $5,093 $418,049 $313,537 $104,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14025487

California Regional Multiple Listing Service (CRMLS)

APN: 7263-003-029

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