NOT LISTED FOR SALE

Estimated Value: $679,477 - $883,000

1 Bed
1 Bath
1,852 Sq Ft
$442/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $390,000 $211 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,947/month

227 Days on Market

Highlights

  • Tile Flooring
  • Abraham Lincoln High School Rated A
  • Wall Furnace

About This Home

As of August 2015

Multi family units in Montecito Heights. All of the 1 bedroom, 1 bath units are spacious with several upgrades. Property has ample parking space.
All units have their own backyard area. Each unit has their own Gas, electric and water meter. Units have copper plumbing and Electrical was recently upgraded.

Last Agent to Sell the Property

APOLO ANDRADE

CENTURY 21 REALTY MASTERS License #01776569 Listed on: 04/15/2015

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

APOLO ANDRADE

CENTURY 21 REALTY MASTERS License #01776569 Listed on: 04/15/2015

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,876

Year Built

  • Built in 1895

Lot Details

  • 7,135 Sq Ft Lot
  • Two or More Common Walls
  • Fence is in average condition

Home Design

  • Property Attached
  • Raised Foundation

Interior Spaces

  • 1,852 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Parking Available
  • Unassigned Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 37 / 5
  • Tax Tract Number 1992
  • Assessor Parcel Number 5206022027

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $2,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,876

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Property Type: Residential Income
  • Parcel Number: 5206022027
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Price Per Square Foot: 210.58

Exterior Features

  • Foundation: Raised
  • Fencing: Average Condition
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7135.00
  • Price Per Lot Square Foot: 54.66
  • Lot Size Acres: 0.1640

Multi Family

  • Gross Income: 2100.00
  • Gross Scheduled Income: 2100.00
  • Lot Size Area: 7135.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 2100.00

Tax Info

  • Tax Area: 4
  • Tax Block: 5
  • Tax Lot: 37
  • Tax Tract Number: 1992
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2015
Closed on
Aug 24, 2015
Sold by
Montes Francisca C and The Francisca C Montes Living
Bought by
Eastside Realty Partners Llc
Seller's Agent
APOLO ANDRADE
CENTURY 21 REALTY MASTERS
Buyer's Agent
APOLO ANDRADE
CENTURY 21 REALTY MASTERS
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%
Current Estimated Value
$818,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,119
Avg. Annual Appreciation
7.71%

Purchase Details

Closed on
Oct 2, 2013
Sold by
Montes Francisca C
Bought by
Montes Francisca C and The Francisca C Montes Living
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
Eastside Realty Partners Llc $390,000 Wfg Title Company Of Ca
Montes Francisca C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eastside Realty Partners Llc $540,000
Open Eastside Realty Partners Llc $2,000,000
Closed Eastside Realty Partners Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2015 08/31/15 Sold $390,000 -8.2% $211 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
10/07/2014 10/07/14 For Sale $425,000 -- $229 / 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 $5,876 $461,677 $343,300 $118,377
2024 $5,876 $452,625 $336,569 $116,056
2023 $5,769 $443,751 $329,970 $113,781
2022 $5,511 $435,050 $323,500 $111,550
2021 $5,439 $426,520 $317,157 $109,363
2020 $5,489 $422,147 $313,905 $108,242
2019 $5,283 $413,870 $307,750 $106,120
2018 $5,165 $405,756 $301,716 $104,040
2017 $5,054 $397,800 $295,800 $102,000
2016 $4,929 $390,000 $290,000 $100,000
2015 $691 $34,424 $17,520 $16,904
2014 $715 $33,750 $17,177 $16,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB14218693

California Regional Multiple Listing Service (CRMLS)

APN: 5206-022-027