NOT LISTED FOR SALE

5627 Norwalk Blvd Whittier, CA 90601

West Whittier Neighborhood

Estimated Value: $975,000 - $1,110,938

5 Beds
4 Baths
2,292 Sq Ft
$464/Sq Ft Est. Value

Last Sold February 20, 2014

Last sale price $556,000 $243 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $6,296/month

7 Days on Market

About This Home

As of February 2014

**STANDARD SALE... ** Excellent Opportunity to Purchase a Duplex Income Property in a Wonderful WHITTIER Neighborhood! **Large Square Footage...county records shows 2292 sq ft on a Very Large 9015 sq ft Lot! **RENOVATION & REHAB Just Completed w/ **New Stainless Steel Appliances!!! **New Paint!! **New Carpet!! Units are estimated to rent at $1750.00 & $1600.00/ month for a total of $3350.00 or more each month for an ANNUAL est INCOME OF $40,200.00 or More...Year After Year of steady income! Close to Great Schools & Parks! Excellent freeway access for commuting. Wonderful WHITTIER Investment Opportunity!

Last Agent to Sell the Property

Rick Young

Young Estate Services License #01818513 Listed on: 01/02/2014

Last Buyer's Agent

GUSTAVO BANUELOS

GBCASAS-REAL ESTATE EXPERTS License #01196336

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,432

Year Built

  • Built in 1962

Lot Details

  • 9,015 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • 2 Carport Spaces

Home Design

  • 2,292 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 3947
  • Assessor Parcel Number 8129029006

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $3,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,432

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 8129029006
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 242.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9015.00
  • Lot Size Acres: 0.2070

Multi Family

  • Gross Income: 3200.00
  • Gross Scheduled Income: 38400.00
  • Lot Size Area: 9015.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 23
  • Tax Tract Number: 3947
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2014
Closed on
Jan 8, 2014
Sold by
Gb Inland Properties Llc
Bought by
Ramos Maria D and Ramos Beda A
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
GUSTAVO BANUELOS
GBCASAS-REAL ESTATE EXPERTS
List Price
$549,999
Sold Price
$556,000
Premium/Discount to List
$6,001
1.09%
Current Estimated Value
$1,063,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$507,235
Avg. Annual Appreciation
5.70%
Original Mortgage
$545,929
Outstanding Balance
$413,880
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$649,355

Purchase Details

Closed on
Oct 16, 2013
Sold by
Arteaga Gloria R
Bought by
Gb Inland Properties Llc

Purchase Details

Closed on
Dec 1, 2006
Sold by
Gutierrez Martin
Bought by
Arteaga Gloria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2005
Sold by
Quesada Susan A and Arteaga Gloria R
Bought by
Arteaga Gloria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 4, 2005
Sold by
Gutierrez Martin
Bought by
Arteaga Gloria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 19, 2003
Sold by
Encinas Carmen H
Bought by
Encinas Carmen H and The Trust Of Carmen H Encinas

Purchase Details

Closed on
Sep 15, 2000
Sold by
Encinas Mike
Bought by
Encinas Carmen H

Purchase Details

Closed on
Jul 6, 2000
Sold by
Sevillano Frank I and Sevillano Mary A
Bought by
Encinas Carmen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.82%
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
Ramos Maria D $556,000 Ticor Title Riverside
Gb Inland Properties Llc $395,100 Accommodation
Arteaga Gloria R -- New Century Title Company
Arteaga Gloria R -- Gateway Title Company Colton
Arteaga Gloria R -- --
Encinas Carmen H -- --
Encinas Carmen H -- South Coast Title Company
Encinas Carmen H $250,000 South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Maria D $545,929
Previous Owner Arteaga Gloria R $500,000
Previous Owner Arteaga Gloria R $400,000
Previous Owner Arteaga Gloria R $400,000
Previous Owner Encinas Carmen H $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2014 02/20/14 Sold $556,000 +1.1% $243 / Sq Ft
01/09/2014 01/09/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $549,999 -- $240 / 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 $8,432 $681,568 $367,754 $313,814
2024 $8,432 $668,205 $360,544 $307,661
2023 $8,264 $655,104 $353,475 $301,629
2022 $8,097 $642,260 $346,545 $295,715
2021 $7,903 $629,667 $339,750 $289,917
2020 $7,872 $623,692 $336,267 $287,425
2019 $7,759 $611,473 $329,674 $281,799
2018 $7,488 $599,493 $323,210 $276,283
2016 $7,180 $575,755 $310,660 $265,095
2015 $7,047 $567,108 $305,994 $261,114
2014 $5,292 $395,500 $300,000 $95,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rick Young

    Young Estate Services

    Section Image

  • G

    Buyer's Agent in 2014

    GUSTAVO BANUELOS

    GBCASAS-REAL ESTATE EXPERTS

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG14000382

California Regional Multiple Listing Service (CRMLS)

APN: 8129-029-006

California Los Angeles County Whittier 90601 West Whittier

5627 Norwalk Blvd, Whittier, CA

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