NOT LISTED FOR SALE

Estimated Value: $922,000 - $1,106,000

4 Beds
3 Baths
1,833 Sq Ft
$550/Sq Ft Est. Value

Last Sold May 06, 2014

Last sale price $509,000 $278 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,905/month

2 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Wall Furnace
  • Post Elementary Rated A
  • Laundry Room

About This Home

As of May 2014

Completely remodeled duplex in the Heart of Little Saigon. Unit A features 2 beds, 2 baths, a family room currently used as a 3rd bedroom. New paint, carpets, wood laminated floor, granite countertop, range, wall heat furnace... has its own washer and dryer hook up in the unit. Large front yard could be use as private yard for the front unit. Currently rent for $1,400/ month, tenant pay for their own trash and water. There is a separate laundry room located between the 2 units with cabinets. Unit B was built in 1976 features 2 beds, 1 bath, with new paint, wood laminated floor, windows, granite countertop, wall heat furnace, nice size back yard...Brand new water heater installed. Each unit has its own water meter. Large driveway. Great ideal for owner occupant to live in one and rent out the other.

Last Agent to Sell the Property

Vicky Tran

Professional R.E. Center, Inc. License #01422819 Listed on: 03/21/2014

Professional R.E. Center, Inc.

Last Buyer's Agent

Robert Le

Target Home Loans Inc. License #01438299

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,246

Year Built

  • Built in 1920

Lot Details

  • 7,203 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,833 Sq Ft Home
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for trash collection, water
  • Tax Lot 2
  • Tax Tract Number 1
  • Assessor Parcel Number 09921237

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $1,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,246

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 09921237
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Levels: Two
  • Price Per Square Foot: 277.69
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7203.00
  • Lot Size Acres: 0.1650

Rental Info

  • Tenant Pays: Trash Collection, Water

Multi Family

  • Gross Income: 1400.00
  • Lot Size Area: 7203.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Rent Control: No
  • Total Actual Rent: 1400.00

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 1
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2014
Closed on
Apr 17, 2014
Sold by
Ngo Ethan Tung
Bought by
Vu Hanh Thi
Seller's Agent
Vicky Tran
Professional R.E. Center, Inc.
Buyer's Agent
Robert Le
Target Home Loans Inc.
List Price
$499,900
Sold Price
$509,000
Premium/Discount to List
$9,100
1.82%
Current Estimated Value
$1,007,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498,647
Avg. Annual Appreciation
6.10%
Original Mortgage
$379,000
Outstanding Balance
$287,458
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$720,189

Purchase Details

Listed on
Aug 20, 2013
Closed on
Sep 13, 2013
Sold by
Us Bank National Association
Bought by
Tran Kim
Seller's Agent
Gary Riphagen
ReMax Tiffany Real Estate
Buyer's Agent
Yang-uk Kim
ReMax Tiffany Real Estate
List Price
$399,900
Sold Price
$460,000
Premium/Discount to List
$60,100
15.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.49%
Original Mortgage
$345,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2013
Sold by
Lopez Armando
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 29, 2004
Sold by
Rodriguez Jorge L and Rodriguez Rafael
Bought by
Lopez Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,920
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 1999
Sold by
Claire Smith Lynda and Livin Austrian Beverly
Bought by
Rodriguez Jorge L and Rodriguez Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,804
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 1997
Sold by
Austrian Beverly A H
Bought by
Smith Lynda Claire
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
Vu Hanh Thi -- First American Title
Vu Hanh Thi $509,000 First American Title
Tran Kim $460,000 First American Title Company
Us Bank National Association $415,000 Accommodation
Lopez Armando $525,000 Commonwealth Title
Rodriguez Jorge L $180,000 Fidelity National Title Ins
Smith Lynda Claire -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vu Hanh Thi $379,000
Previous Owner Tran Kim $345,000
Previous Owner Lopez Armando $419,920
Previous Owner Rodriguez Jorge L $178,804
Closed Lopez Armando $104,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2014 05/06/14 Sold $509,000 +1.8% $278 / Sq Ft
03/23/2014 03/23/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $499,900 +8.7% $273 / Sq Ft
10/28/2013 10/28/13 Sold $460,000 +15.0% $251 / Sq Ft View Prior Sale
09/05/2013 09/05/13 Pending -- -- --
08/20/2013 08/20/13 For Sale $399,900 -- $218 / 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 $7,246 $623,957 $539,932 $84,025
2024 $7,246 $611,723 $529,345 $82,378
2023 $7,112 $599,729 $518,966 $80,763
2022 $6,959 $587,970 $508,790 $79,180
2021 $6,889 $576,442 $498,814 $77,628
2020 $6,796 $570,532 $493,699 $76,833
2019 $6,666 $559,346 $484,019 $75,327
2018 $6,532 $548,379 $474,529 $73,850
2017 $6,445 $537,627 $465,225 $72,402
2016 $6,164 $527,086 $456,103 $70,983
2015 $6,079 $519,169 $449,252 $69,917
2014 $5,403 $460,000 $396,317 $63,683
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14058665

California Regional Multiple Listing Service (CRMLS)

APN: 099-212-37