NOT LISTED FOR SALE

Estimated Value: $512,000 - $711,000

3 Beds
2 Baths
1,265 Sq Ft
$466/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $350,000 $277 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,453/month

15 Days on Market

Highlights

  • Contemporary Architecture
  • Laundry Room
  • Wall Furnace
  • No HOA
  • Block Wall Fence
  • 5-minute walk to Conservation Park

About This Home

As of March 2017

Attention Investors and first time buyers, this is the opportunity you were waiting for. Two separate houses on a lot. Each with their own private back yard and a single car garage each. Front house is in move in condition, back house is in need of repairs. Front 2 bedroom house will be delivered ready for the new owner and back unit will remain rented. Property to be sold in its present physical condition. Submit your best offer

Last Agent to Sell the Property

Moises Martinez

REALTY MASTERS & ASSOCIATES, INC. License #00837282 Listed on: 01/04/2017

REALTY MASTERS & ASSOCIATES, INC.

Last Buyer's Agent

Jerry Cheung

Allstar Brokers Network License #01453742

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,048 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Cosmetic Repairs Needed

Interior Spaces

  • 1,265 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 15
  • Assessor Parcel Number 1048532190000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Architectural Style: Contemporary
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 1048532190000
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 276.68

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6048.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 26
  • Tax Tract Number: 15.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2017
Closed on
Feb 27, 2017
Sold by
Cheung Jerry Jy
Bought by
Ly De
Seller's Agent
Moises Martinez
REALTY MASTERS & ASSOCIATES, INC.
Buyer's Agent
Jerry Cheung
Allstar Brokers Network
List Price
$374,900
Sold Price
$350,000
Premium/Discount to List
-$24,900
-6.64%
Current Estimated Value
$589,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,569
Avg. Annual Appreciation
6.10%
Original Mortgage
$280,000
Outstanding Balance
$231,764
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$357,805

Purchase Details

Listed on
Jan 4, 2017
Closed on
Feb 6, 2017
Sold by
Manjarrez Cindy
Bought by
Ly De
Seller's Agent
Moises Martinez
REALTY MASTERS & ASSOCIATES, INC.
Buyer's Agent
Jerry Cheung
Allstar Brokers Network
List Price
$374,900
Sold Price
$350,000
Premium/Discount to List
-$24,900
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$231,764
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$357,805

Purchase Details

Closed on
Dec 29, 2015
Sold by
Sandoval Graciela
Bought by
Sandoval Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 2015
Sold by
Sandoval Jesse
Bought by
Manjarrez Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 2012
Sold by
Sandoval Jesse
Bought by
Lopez Maria G

Purchase Details

Closed on
Oct 20, 2005
Sold by
Sandoval Graciela
Bought by
Sandoval Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,200
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2005
Sold by
Casillas Jorge
Bought by
Sandoval Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2003
Sold by
Chiriboga Albert
Bought by
Casillas Jorge and Sandoval Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2000
Sold by
Chiriboga Albert and Chiriboga Vilma
Bought by
Chiriboga Living Trust

Purchase Details

Closed on
Jan 17, 2000
Sold by
Revocable Trust Of Lampman Maria G
Bought by
Chiriboga Albert and Chiriboga Vilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
8.16%

Purchase Details

Closed on
Feb 12, 1999
Sold by
Lampman Maria G
Bought by
Lampman Maria G and Maria G Lampman Revocable Trus
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ly De -- Orange Coast Title Co Socal
Ly De $350,000 Orange Coast Title Co Socal
Sandoval Jesse -- Orange Coast Title Socal
Lopez Maria G -- Orange Coast Title Co Socal
Manjarrez Cindy $280,000 Orange Coast Title Co Socal
Sandoval Jesse -- Orange Coast Title Co Socal
Lopez Maria G -- None Available
Sandoval Jesse -- First American
Sandoval Jesse -- Ticor Title Co
Casillas Jorge $270,000 Ticor Title Co
Chiriboga Living Trust -- --
Chiriboga Albert $95,000 Fidelity Title
Lampman Maria G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ly De $280,000
Previous Owner Manjarrez Cindy $274,928
Previous Owner Sandoval Jesse $367,200
Previous Owner Sandoval Jesse $280,000
Previous Owner Casillas Jorge $216,000
Previous Owner Chiriboga Albert $85,500
Closed Casillas Jorge $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2017 03/10/17 Sold $350,000 -6.6% $277 / Sq Ft
01/19/2017 01/19/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $374,900 -- $296 / 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 $4,369 $406,205 $139,270 $266,935
2024 $4,369 $398,240 $136,539 $261,701
2023 $4,246 $390,432 $133,862 $256,570
2022 $4,190 $382,776 $131,237 $251,539
2021 $4,164 $375,271 $128,664 $246,607
2020 $4,091 $371,423 $127,345 $244,078
2019 $4,056 $364,140 $124,848 $239,292
2018 $4,000 $357,000 $122,400 $234,600
2017 $3,090 $280,000 $100,000 $180,000
2016 $2,366 $218,450 $78,018 $140,432
2015 $2,566 $215,169 $76,846 $138,323
2014 -- $210,954 $75,341 $135,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB17002312

California Regional Multiple Listing Service (CRMLS)

APN: 1048-532-19