NOT LISTED FOR SALE

Estimated Value: $448,712 - $1,279,000

7 Beds
4 Baths
2,670 Sq Ft
$284/Sq Ft Est. Value

Last Sold November 22, 2016

Last sale price $280,000 $105 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $4,657/month

3 Days on Market

Highlights

  • Open Floorplan
  • Laundry Room
  • Tile Flooring
  • Cooling System Mounted To A Wall/Window
  • More Than Two Accessible Exits
  • 4-minute walk to 49th Street Park

About This Home

As of November 2016

Three units literally in the middle of the park, South Park. Entrance to property in a walk way in the park.
Property has a lot of deferred maintenance, specially in the outside. First front unit "A" has 3 bedroom one
full bath and 3/4 bath without permit, second front unit "B" upstairs has three bedrooms, one bath, third
unit in the rear has a different address 470 E.49TH St One bedroom, one bath. Major fixer upper.

Last Agent to Sell the Property

Mirna Sansur

GEORGE MICHAEL REALTY License #01031514 Listed on: 11/18/2016

Last Buyer's Agent

Mirna Sansur

GEORGE MICHAEL REALTY License #01031514 Listed on: 11/18/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,445

Year Built

  • Built in 1906

Lot Details

  • 5,080 Sq Ft Lot
  • Lot Dimensions are 50x100
  • No Common Walls
  • Partially Fenced Property
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Home Design

  • Shingle Roof

Interior Spaces

  • 2,670 Sq Ft Home
  • Open Floorplan
  • Basement

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 4 Parking Spaces
  • Parking Available
  • Driveway
  • Uncovered Parking
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Private Water Source
  • Septic Type Unknown

Additional Features

  • More Than Two Accessible Exits
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 11
  • Tax Tract Number 2290
  • Assessor Parcel Number 5109020025

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Built by J.T.BURTONS
  • Property is near a preserve or public land

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $600
  • Insurance Expense $900
  • Trash Expense $900
  • Water Sewer Expense $2,400
  • New Taxes Expense $3,500
  • Gross Income $21,600
  • Net Operating Income $13,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,445

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5109020025
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Accessibility Features: 2+ Access Exits
  • Levels: Two
  • Price Per Square Foot: 104.87
  • Room Type: All Bedrooms Up, Basement

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition, Partial
  • Builder Name: J.T.BURTONS
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned, Uncovered, Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Unknown
  • Trash Expense: 900.00
  • Water Source: Private
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Preserve/Public Land, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 50X100
  • Lot Size Sq Ft: 5080.00

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Average3 Bed Area: 1050 Square Feet
  • Electric Expense: 600.00
  • Gross Income: 21600.00
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 900.00
  • Net Operating Income: 13900.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 7700.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 3500.00
  • Tax Lot: 11
  • Tax Tract Number: 2290.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2016
Closed on
Sep 29, 2016
Sold by
Martinez Efrain
Bought by
Perez Arturo and Perez Natalia
Seller's Agent
Mirna Sansur
GEORGE MICHAEL REALTY
Buyer's Agent
Mirna Sansur
GEORGE MICHAEL REALTY
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$758,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,678
Avg. Annual Appreciation
10.27%
Original Mortgage
$274,928
Interest Rate
3.45%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 1999
Sold by
Cyprus Kip C
Bought by
Martinez Efrain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,660
Interest Rate
4.45%

Purchase Details

Closed on
May 24, 1999
Sold by
Cyprus Amy L
Bought by
Cyprus Kip C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.86%

Purchase Details

Closed on
May 12, 1999
Sold by
2974 Properties Inc
Bought by
Cyprus Kip C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.86%
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
Perez Arturo $280,000 Lawyers Title
Martinez Efrain $250,000 Southland Title
Cyprus Kip C -- First Southwestern Title Co
Cyprus Kip C $106,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Arturo $274,928
Previous Owner Martinez Efrain $224,660
Previous Owner Cyprus Kip C $132,000
Previous Owner Hobbs Lela $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2016 11/22/16 Sold $280,000 0.0% $105 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
11/18/2016 11/18/16 For Sale $280,000 -- $105 / 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
2024 $5,445 $415,302 $324,279 $91,023
2023 $5,346 $407,160 $317,921 $89,239
2022 $5,108 $399,178 $311,688 $87,490
2021 $4,970 $391,352 $305,577 $85,775
2019 $4,826 $379,746 $296,514 $83,232
2018 $4,729 $372,300 $290,700 $81,600
2016 $4,099 $324,447 $92,696 $231,751
2015 $4,041 $319,574 $91,304 $228,270
2014 $4,061 $313,315 $89,516 $223,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB16750527

California Regional Multiple Listing Service (CRMLS)

APN: 5109-020-025