NOT LISTED FOR SALE

Estimated Value: $1,113,000 - $1,475,090

5 Beds
3 Baths
2,016 Sq Ft
$657/Sq Ft Est. Value

Last Sold January 19, 2017

Last sale price $850,000 $422 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $8,243/month

5 Days on Market

About This Home

As of January 2017

Three unit complex in great location, ideal for investors. This spacious corner property features a laundry area and one-car garage per unit. Three units total, two units are two bedrooms and one bath, other unit is one bedroom, one bath. Sewer and electric systems recently upgraded. Minutes from Magnolia Blvd featuring many amenities such as bars, restaurants, and shopping locations. Close drive to Walter Reed Middle School and Toluca Lake Elementary. All units are currently leased.

Last Agent to Sell the Property

Adrienne Martz

The Agency License #01935828 Listed on: 11/17/2016

Last Buyer's Agent

Claudia Torrijos

License #01958605

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,936

Year Built

  • Built in 1947

Lot Details

  • 5,134

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Attached Carport
  • On-Street Parking

Additional Features

  • Outdoor Grill
  • 5,134 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2419-016-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,936

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2016
  • Stories: 2
  • Year Built: 1947
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Barbeque, Range/Oven
  • Price Per S Q F T: 421.63

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport Attached, Garage - 3 Car, On street
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning, Wall/Window

Lot Info

  • Assessed Improvement Value: 271309
  • Assessed Land Value: 414213
  • Assessor Parcel Number: 2419-016-029
  • Geocode Override: No
  • Lot Size Area: 5134

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 16.24
  • Number Of Units: 3
  • Total Annual Expense: 16258.12
  • Type Of Units: apartment
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2016
Closed on
Dec 7, 2016
Sold by
Patrikarakos Phillip A
Bought by
Felix Nancy and Felix Manuel
Seller's Agent
Adrienne Martz
The Agency
Buyer's Agent
Claudia Torrijos
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$1,323,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,773
Avg. Annual Appreciation
5.31%
Original Mortgage
$834,604
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 16, 2013
Closed on
Jun 27, 2013
Sold by
Cassidy Caitlin
Bought by
Patrikarakos Phillip A
Seller's Agent
Steve Lousen
Century 21 Masters
Buyer's Agent
Non Member
Non Member Office
List Price
$662,000
Sold Price
$662,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$529,600
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2013
Closed on
May 22, 2013
Sold by
Martin Lance Legacy Llc
Bought by
Patrickarakos Philli A
Seller's Agent
Steve Lousen
Century 21 Masters
Buyer's Agent
Non Member
Non Member Office
List Price
$662,000
Sold Price
$662,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,600
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2009
Sold by
Bresin Dana Williams and Williams Lance
Bought by
Martin Lance Legacy Llc

Purchase Details

Closed on
Aug 19, 2004
Sold by
Williams Lance S and Bresin Dana M Williams
Bought by
Williams Lance S and Bresin Dana M Williams

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2004
Sold by
Bresin Jeffrey Allen
Bought by
Bresin Dana M Williams

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2004
Sold by
Gregos Glen A and Glen Gregos Trust
Bought by
Williams Lance S and Bresin Dana M Williams

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2000
Sold by
Gregos Glen A and Tutsch Ellen
Bought by
Gregos Glen A and Tutsch Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
8.24%

Purchase Details

Closed on
Apr 17, 2000
Sold by
Darling Richard W and Darling Richard W Jeri B
Bought by
Gregos Glen A and Tutsch Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
8.24%
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
Felix Nancy $850,000 Chicago Title Company
Patrikarakos Phillip A -- Lawyers Title Vn
Patrickarakos Philli A $662,000 Lawyers Title Vn
Martin Lance Legacy Llc -- None Available
Bresin Dana Williams -- None Available
Williams Lance S -- --
Bresin Dana M Williams -- Investors Title Company
Williams Lance S $595,000 Investors Title Company
Gregos Glen A -- --
Gregos Glen A $240,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felix Nancy $791,771
Closed Felix Nancy $807,000
Closed Felix Nancy $834,604
Previous Owner Patrickarakos Philli A $529,600
Previous Owner Williams Lance S $476,000
Previous Owner Gregos Glen A $196,000
Previous Owner Gregos Glen A $192,000
Previous Owner Darling Richard W $141,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2017 01/19/17 Sold $850,000 0.0% $422 / Sq Ft
11/17/2016 11/17/16 For Sale $850,000 +28.4% $422 / Sq Ft
07/09/2013 07/09/13 Sold $662,000 0.0% $328 / Sq Ft
06/09/2013 06/09/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $662,000 -- $328 / 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 $11,936 $986,493 $696,348 $290,145
2024 $11,936 $967,151 $682,695 $284,456
2023 $11,706 $948,188 $669,309 $278,879
2022 $11,162 $929,597 $656,186 $273,411
2021 $11,022 $911,370 $643,320 $268,050
2019 $10,693 $884,340 $624,240 $260,100
2018 $10,611 $867,000 $612,000 $255,000
2016 $8,378 $685,522 $414,213 $271,309
2015 $8,256 $675,226 $407,992 $267,234
2014 $8,297 $662,000 $400,000 $262,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-178664

The MLS

APN: 2419-016-029