NOT LISTED FOR SALE

Estimated Value: $746,000 - $828,000

2 Beds
1 Bath
1,980 Sq Ft
$394/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $215,000 $109 Per Sq Ft

Est. 262% increase in value since last sale

Current estimated payment $4,580/month

27 Days on Market

About This Home

As of May 2013

Property is in a great location near schools, transportation and shopping centers. Sold in As Is Condition. Because of condition it will not go FHA financing. Only Street parking for property. Please do not disturb tenants.

Last Agent to Sell the Property

Marco Hernandez

RE/MAX 2000 REALTY License #01210749 Listed on: 03/21/2013

RE/MAX 2000 REALTY

Last Buyer's Agent

Richard Estrada

Century 21 Allstars License #01191095

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,341

Year Built

  • Built in 1923

Lot Details

  • 6,048 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 1 Car Garage

Home Design

  • 1,980 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 760
  • Tax Tract Number 2325
  • Assessor Parcel Number 5005024008

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $900
  • Trash Expense $180
  • Water Sewer Expense $720
  • New Taxes Expense $2,265
  • Gross Income $500
  • Net Operating Income $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,341

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 720.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5005024008
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 108.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 180.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 6048.00
  • Lot Size Acres: 0.1390

Multi Family

  • Average2 Bed Area: 900
  • Gross Income: 500.00
  • Gross Scheduled Income: 500.00
  • Insurance Expense: 900.00
  • Lot Size Area: 6048.0000 Square Feet
  • Net Operating Income: 6000.00
  • 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: 4665.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 2265.00
  • Taxes Percent: 1.10
  • Tax Lot: 760
  • Tax Tract Number: 2325
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2018
Sold by
Brooks Ersoleen
Bought by
Castanon Hill Arlett and 1445 W 56Th Street Trust
Current Estimated Value
$779,174

Purchase Details

Closed on
Sep 7, 2017
Sold by
Lim Kenny Chiv
Bought by
Lim Kenny Chiv and Lim Kim Ky

Purchase Details

Closed on
Aug 26, 2013
Sold by
Blackstone Properties
Bought by
Lim Kenny Chiv

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2013
Closed on
Apr 12, 2013
Sold by
Butler Edna L
Bought by
Blackstone Properties
Seller's Agent
Marco Hernandez
RE/MAX 2000 REALTY
Buyer's Agent
Richard Estrada
Century 21 Allstars
List Price
$180,000
Sold Price
$215,000
Premium/Discount to List
$35,000
19.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
Original Mortgage
$182,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Castanon Hill Arlett -- None Available
Lim Kenny Chiv -- None Available
Lim Kenny Chiv $346,000 Fidelity National Title Co
Lim Kenny Chiv -- Fidelity National Title Co
Blackstone Properties $215,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lim Kenny Chiv $259,500
Previous Owner Blackstone Properties $182,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2013 05/03/13 Sold $215,000 +19.4% $109 / Sq Ft
04/13/2013 04/13/13 Pending -- -- --
03/17/2013 03/17/13 For Sale $180,000 -- $91 / 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 $5,341 $424,137 $252,522 $171,615
2024 $5,341 $415,821 $247,571 $168,250
2023 $5,246 $407,668 $242,717 $164,951
2022 $5,013 $399,675 $237,958 $161,717
2021 $4,942 $391,840 $233,293 $158,547
2019 $4,799 $380,220 $226,374 $153,846
2018 $4,708 $372,766 $221,936 $150,830
2017 $4,610 $365,458 $217,585 $147,873
2016 $4,491 $358,293 $213,319 $144,974
2015 $4,427 $352,912 $210,115 $142,797
2014 $4,455 $346,000 $206,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13047565

California Regional Multiple Listing Service (CRMLS)

APN: 5005-024-008