NOT LISTED FOR SALE

Estimated Value: $1,502,000 - $2,031,000

8 Beds
4 Baths
3,611 Sq Ft
$510/Sq Ft Est. Value

Last Sold February 21, 2013

Last sale price $660,000 $183 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $11,053/month

Highlights

  • 0.3 Acre Lot
  • Laundry Room
  • 2-minute walk to Palmer Park
  • Horace Mann Elementary School Rated A-
  • Wall Furnace

About This Home

As of February 2013

2 buildings with 4 units - 2 units are 2 bed 1 bath with dining area and living room - the other 2 only have 1 bed and 1 bath and only living area - Only 1 unit has private back yard - Major Fixer - foundation issues - and internal differed maintenance. Do not disturb tenants please -not aware of sale yet.

Last Agent to Sell the Property

Natalie Blancardi

Beverly and Company, Inc. License #01348295 Listed on: 04/09/2012

Beverly and Company, Inc.

Last Buyer's Agent

Annie Akopyan

Coldwell Banker Hallmark Realty License #01203620

Coldwell Banker Hallmark Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 0.3

Parking

  • 4 Car Garage

Home Design

  • 3,611 Sq Ft Home

Additional Features

  • Laundry Room
  • 0.3 Acre Lot
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Tax Lot 4
  • Tax Tract Number 3025
  • Assessor Parcel Number 5676026003

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $750
  • Trash Expense $75
  • New Taxes Expense $5,625
  • Gross Income $3,200
  • Net Operating Income $3,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 5676026003
  • Year Built: 1926
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 182.77

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 75.00

Lot Info

  • Lot Size Sq Ft: 12966.00
  • Lot Size Acres: 0.2980

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Gross Income: 3200.00
  • Gross Scheduled Income: 4400.00
  • Insurance Expense: 750.00
  • Lot Size Area: 12966.0000 Square Feet
  • Net Operating Income: 3200.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 1200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5625.00
  • Taxes Percent: 1.25
  • Tax Lot: 4
  • Tax Tract Number: 3025
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2012
Closed on
Feb 7, 2013
Sold by
Duzdabanyan Gayane
Bought by
Sinapyan Hovhanes
Seller's Agent
Natalie Blancardi
Beverly and Company, Inc.
Buyer's Agent
Annie Akopyan
Coldwell Banker Hallmark Realty
Sold Price
$660,000
Current Estimated Value
$1,843,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,183,333
Avg. Annual Appreciation
8.31%
Original Mortgage
$495,000
Outstanding Balance
$341,659
Interest Rate
3.29%
Mortgage Type
New Conventional
Estimated Equity
$1,501,674

Purchase Details

Listed on
Apr 9, 2012
Closed on
Feb 6, 2013
Sold by
Torossian Artin and Vardanyan Zhaklin
Bought by
Sinapyan Hovhanes
Seller's Agent
Natalie Blancardi
Beverly and Company, Inc.
Buyer's Agent
Annie Akopyan
Coldwell Banker Hallmark Realty
Sold Price
$660,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$341,659
Interest Rate
3.29%
Mortgage Type
New Conventional
Estimated Equity
$1,501,674

Purchase Details

Closed on
Sep 1, 2007
Sold by
Nikogosyan Arusyak
Bought by
Torossian Artin and Vardanyan Zhaklin

Purchase Details

Closed on
Aug 15, 2007
Sold by
Nikogosyan Arusyak and Vardanyan Zhaklin
Bought by
Torossian Artin and Vardanyan Zhaklin

Purchase Details

Closed on
Jun 23, 2005
Sold by
Torossian Artin
Bought by
Vardanyan Zhaklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,500
Interest Rate
5.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 1, 2005
Sold by
Lee George Y and Lee Agnes T
Bought by
Nikogosyan Arusyak and Vardanyan Zhaklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,500
Interest Rate
5.58%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sinapyan Hovhanes -- North American Title
Sinapyan Hovhanes $660,000 North American Title
Torossian Artin -- Accommodation
Torossian Artin -- Accommodation
Vardanyan Zhaklin -- Equity Title Company
Nikogosyan Arusyak -- Equity Title Company
Nikogosyan Arusyak $985,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sinapyan Hovhanes $495,000
Previous Owner Nikogosyan Arusyak $98,500
Previous Owner Nikogosyan Arusyak $738,750
Previous Owner Nikogosyan Arusyak $738,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2013 02/21/13 Sold $660,000 -- $183 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
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 $17,083 $1,515,404 $1,082,432 $432,972
2024 $16,723 $1,485,691 $1,061,208 $424,483
2023 $16,347 $1,456,560 $1,040,400 $416,160
2022 $16,067 $1,428,000 $1,020,000 $408,000
2021 $8,726 $750,842 $637,080 $113,762
2019 $8,403 $728,574 $618,185 $110,389
2018 $8,121 $714,289 $606,064 $108,225
2016 $7,729 $686,554 $582,531 $104,023
2015 $7,575 $676,242 $573,781 $102,461
2014 $7,533 $662,996 $562,542 $100,454
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12044876

California Regional Multiple Listing Service (CRMLS)

APN: 5676-026-003