NOT LISTED FOR SALE

Estimated Value: $811,635 - $1,127,000

4 Beds
2 Baths
1,958 Sq Ft
$462/Sq Ft Est. Value

Last Sold August 04, 2014

Last sale price $480,500 $245 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,496/month

31 Days on Market

About This Home

As of August 2014

Centrally located duplex. Original house was built in 1919 and was upgraded in the 1980's(Approximately 921 square feet per county records). The back unit was constructed in 1987(over 1,000 square feet). Two bedroom one bath each unit. Spacious 5 car garage with lots of parking.


Live in one and rent out the other!

Last Agent to Sell the Property

Martin Cazarez

Martin Cazarez, Broker License #01038658 Listed on: 06/03/2014

Last Buyer's Agent

Martin Cazarez

Martin Cazarez, Broker License #01038658 Listed on: 06/03/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,904

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage

Home Design

  • 1,958 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Urban Location
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 567
  • Assessor Parcel Number 01013104

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • New Taxes Expense $6,113
  • Gross Income $2,600
  • Net Operating Income $32,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,904

Year Built

Built in 1925

Lot Details

0

Parking

5

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 01013104
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 245.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 32200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6113.00
  • Tax Lot: 3
  • Tax Tract Number: 567
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2020
Sold by
Romo Luna Blanca E
Bought by
Romo Jose S and Luna Blanca E
Current Estimated Value
$904,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Outstanding Balance
$289,682
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$606,657

Purchase Details

Closed on
Mar 11, 2020
Sold by
Romo Luna Blanca E
Bought by
Romo Jose S and Luna Blanca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Outstanding Balance
$289,682
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$606,657

Purchase Details

Listed on
Jun 3, 2014
Closed on
Jun 18, 2014
Sold by
Munoz Cristobal G and Munoz Antonio G
Bought by
Romo Guadalupe A and Romo Luna Blanca E
Seller's Agent
Martin Cazarez
Martin Cazarez, Broker
Buyer's Agent
Martin Cazarez
Martin Cazarez, Broker
List Price
$489,000
Sold Price
$480,500
Premium/Discount to List
-$8,500
-1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$352,500
Interest Rate
4.13%
Mortgage Type
New Conventional
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
Romo Jose S -- Orange Coast Title
Romo Jose S -- Orange Coast Title
Romo Guadalupe A $485,500 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romo Jose S $327,000
Closed Romo Guadalupe A $352,500
Previous Owner Munoz Cristobal G $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2014 08/04/14 Sold $480,500 -1.7% $245 / Sq Ft
07/04/2014 07/04/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $489,000 -- $250 / 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 $6,904 $583,494 $437,152 $146,342
2024 $6,904 $572,053 $428,580 $143,473
2023 $6,734 $560,837 $420,177 $140,660
2022 $6,663 $549,841 $411,939 $137,902
2021 $6,508 $539,060 $403,861 $135,199
2020 $6,521 $533,533 $399,720 $133,813
2019 $6,394 $523,072 $391,882 $131,190
2018 $6,150 $512,816 $384,198 $128,618
2017 $6,099 $502,761 $376,664 $126,097
2016 $5,979 $492,903 $369,278 $123,625
2015 $5,904 $485,500 $363,731 $121,769
2014 $3,194 $250,748 $94,368 $156,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14119355

California Regional Multiple Listing Service (CRMLS)

APN: 010-131-04