NOT LISTED FOR SALE

Estimated Value: $1,079,000 - $1,329,000

6 Beds
4 Baths
2,647 Sq Ft
$444/Sq Ft Est. Value

Last Sold December 16, 2014

Last sale price $575,000 $217 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $6,919/month

33 Days on Market

Highlights

  • 0.39 Acre Lot
  • Lawn
  • No HOA

About This Home

As of December 2014

5701 and 5703 Norwalk 2 separate homes on a 16765 square foot extra large lot. Both units are 3 bedrooms each in great condition. Long driveway for multiple car parking as well as 2 one car garage at rear. Rear 3 bedroom unit converted to 2 separate units. Can convert back to original by opening doorway. Newer composition roof. Front unit has fireplace. Property is just East of 605, 60 freeway and North to the 5 freeway and between Beverly Blvd and Whittier Blvd in the great city of Whittier and is close to many schools and shopping areas. Extra large front yard.

Last Agent to Sell the Property

Rudy Rodriguez

GEORGE MICHAEL REALTY License #00709414 Listed on: 08/07/2014

Last Buyer's Agent

Amy Wang

High Ten Partners, Inc. License #01349731

High Ten Partners, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,796

Year Built

  • Built in 1959

Lot Details

  • 0.39 Acre Lot
  • No Common Walls
  • Lawn

Parking

  • 2 Car Garage

Home Design

  • 2,647 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 1516
  • Tax Tract Number 15371
  • Assessor Parcel Number 8130011031

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,300
  • Insurance Expense $1,000
  • Trash Expense $450
  • Water Sewer Expense $985
  • New Taxes Expense $7,500
  • Gross Income $4,000
  • Net Operating Income $34,890

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,796

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 985.00
  • Property Type: Residential Income
  • Parcel Number: 8130011031
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 217.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 450.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Lawn
  • Lot Size Sq Ft: 16765.00
  • Lot Size Acres: 0.3850

Multi Family

  • Electric Expense: 2300.00
  • Gross Income: 4000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 16765.0000 Square Feet
  • Net Operating Income: 34890.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 13110.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Lot: 1516
  • Tax Tract Number: 15371

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2015
Sold by
Xu Jin Hua and Tseung Wing Ling
Bought by
The Xu Tseung Family Revocable Trust
Current Estimated Value
$1,176,026

Purchase Details

Closed on
Aug 19, 2014
Sold by
Rodriguez Rudy
Bought by
Xu Jin Hua and Tseung Wing Ling

Purchase Details

Closed on
Aug 24, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Rodriguez Rudy

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
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2009
Sold by
Salcedo Gilberto and Salcedo Alicia
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 6, 2006
Sold by
Salcedo Jose E and Salcedo Alicia
Bought by
Salcedo Gilberto and Salcedo Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2000
Sold by
Marinelarena Celia
Bought by
Marinelarena Jimmy

Purchase Details

Closed on
Aug 30, 2000
Sold by
Marinelarena Jimmy
Bought by
Marinelarena Celia

Purchase Details

Closed on
Jan 8, 1999
Sold by
Mcnicol Sunny Carline and Estate Of Jack T Miller
Bought by
Roque Robert A

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
6.79%
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
The Xu Tseung Family Revocable Trust -- None Available
Xu Jin Hua $575,000 Wfg Title Company
Rodriguez Rudy $350,000 Lsi Title Company
Deutsche Bank National Trust Company $344,565 None Available
Salcedo Gilberto -- Advantage Title Inc
Marinelarena Jimmy -- Commonwealth Title
Marinelarena Celia -- --
Roque Robert A $139,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Rudy $280,000
Previous Owner Salcedo Gilberto $390,000
Previous Owner Roque Robert A $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2014 12/16/14 Sold $575,000 -1.7% $217 / Sq Ft
09/09/2014 09/09/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $585,000 -- $221 / 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 $8,796 $691,055 $480,737 $210,318
2024 $8,796 $677,506 $471,311 $206,195
2023 $8,649 $664,222 $462,070 $202,152
2022 $8,539 $651,199 $453,010 $198,189
2021 $8,389 $638,431 $444,128 $194,303
2020 $8,272 $631,886 $439,575 $192,311
2019 $8,408 $619,497 $430,956 $188,541
2018 $7,855 $607,351 $422,506 $184,845
2016 $7,543 $583,768 $406,100 $177,668
2015 $7,317 $575,000 $400,000 $175,000
2014 $6,616 $512,110 $323,988 $188,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB14168716

California Regional Multiple Listing Service (CRMLS)

APN: 8130-011-031