NOT LISTED FOR SALE

Estimated Value: $790,000 - $1,095,358

5 Beds
2 Baths
1,524 Sq Ft
$608/Sq Ft Est. Value

Last Sold February 13, 2015

Last sale price $402,000 $264 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,458/month

77 Days on Market

Highlights

  • City View
  • 13,049 Sq Ft lot
  • Bathtub with Shower
  • Abraham Lincoln High School Rated A
  • Traditional Architecture
  • Living Room

About This Home

As of February 2015

**DRIVE BY ONLY, PLEASE DO NOT DISTURB TENANTS.** Two detached homes on a lot with downtown views in Lincoln Heights. Both homes are occupied: Unit 494 is 3bed/1ba and rented for $1,538/mth. Unit 496 is 2bed/1ba and rented for $1,236/mth. Both feature semi-private yards. No garage, but off-street parking for approximately 3 cars at street level. There are approximately 25 steps leading from the street/parking level to the homes. Property sold 'as-is', with no seller repairs/credits and no termite work. Buyers must provide proof of funds, dated within 1 week of offer. Not a REO or short sale.

Last Agent to Sell the Property

Ryan Yamauchi

Home Team Ventures License #01907701 Listed on: 11/10/2014

Co-Listed By

Tregg Rustad

Rodeo Realty License #01349144

Last Buyer's Agent

Donald Houston

License #01761225

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,090

Year Built

  • Built in 1910

Lot Details

  • 0.3

Parking

  • 3 Parking Spaces

Property Views

  • City
  • Hills

Home Design

  • Traditional Architecture

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area

Kitchen

  • Oven or Range
  • Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms
  • Bathtub with Shower

Additional Features

  • Open Patio
  • 0.3 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5206-024-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,090

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Stories: 1
  • Year Built: 1910
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Range
  • Bedrooms: 5
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Shower Over Tub
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Range/Oven

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Patio Open
  • Pool: No
  • Spa Yn: No
  • View: City, Hills
  • View: Yes

Garage/Parking

  • Total Parking: 3

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 5206-024-027
  • Geocode Override: No
  • Lot Size Area: 13049

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.28
  • Number Of Units: 2
  • Rent Control: 100%
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2014
Closed on
Feb 6, 2015
Sold by
Csfr Colfin American Investors Trs Llc
Bought by
Ephron Kai and Thomas Christina Ellen
Seller's Agent
Ryan Yamauchi
Home Team Ventures
Buyer's Agent
Donald Houston
List Price
$435,000
Sold Price
$402,000
Premium/Discount to List
-$33,000
-7.59%
Current Estimated Value
$908,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,441

Purchase Details

Listed on
Nov 10, 2014
Closed on
Jan 28, 2015
Sold by
Connor Dorothy Lauren O
Bought by
Connor J P O
Seller's Agent
Ryan Yamauchi
Home Team Ventures
Buyer's Agent
Donald Houston
List Price
$435,000
Sold Price
$402,000
Premium/Discount to List
-$33,000
-7.59%

Purchase Details

Closed on
Sep 29, 2014
Sold by
Colfin Ai Ca 5 Llc
Bought by
Csfr Colfin American Investors Trs Llc

Purchase Details

Closed on
Jun 21, 2012
Sold by
Ventura Norma
Bought by
Colfin Ai Ca 5 Llc

Purchase Details

Closed on
Jul 18, 2006
Sold by
Chavez Nick
Bought by
Ventura Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Interest Rate
8.25%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 20, 2005
Sold by
Chavez Josephine
Bought by
Chavez Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2003
Sold by
Chavez Josephine
Bought by
Chavez Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,391
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2002
Sold by
Quintero Adolfo and Quintero Josephine
Bought by
Chavez Josephine
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
Ephron Kai $402,000 Equity Title Company
Connor J P O -- Equity Title Company
Csfr Colfin American Investors Trs Llc -- Accommodation
Colfin Ai Ca 5 Llc $250,000 Fidelity Van Nuys
Ventura Norma $475,000 United Title Company-La
Chavez Nick -- Chicago Title
Chavez Nick -- Ticor Title Co
Chavez Josephine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ventura Norma $31,372
Previous Owner Ventura Norma $403,750
Previous Owner Chavez Nick $225,000
Previous Owner Chavez Nick $12,000
Previous Owner Chavez Nick $176,391
Previous Owner Chavez Josephine $54,736
Previous Owner Quintero Adolpho $19,000
Previous Owner Quintero Adolpho $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2015 02/13/15 Sold $402,000 -7.6% $264 / Sq Ft
01/26/2015 01/26/15 Pending -- -- --
11/10/2014 11/10/14 For Sale $435,000 -- $285 / Sq Ft
Source: The MLS

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 $6,090 $483,134 $276,420 $206,714
2024 $6,090 $473,661 $271,000 $202,661
2023 $5,977 $464,375 $265,687 $198,688
2022 $5,708 $455,271 $260,478 $194,793
2021 $5,636 $446,345 $255,371 $190,974
2019 $5,473 $433,108 $247,798 $185,310
2018 $5,417 $424,617 $242,940 $181,677
2016 $5,176 $408,130 $233,507 $174,623
2015 $4,284 $288,937 $201,847 $87,090
2014 -- $283,279 $197,894 $85,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-808761

The MLS

APN: 5206-024-027