NOT LISTED FOR SALE

Estimated Value: $639,644 - $1,145,000

4 Beds
3 Baths
1,800 Sq Ft
$431/Sq Ft Est. Value

Last Sold March 13, 2015

Last sale price $314,990 $175 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $4,514/month

9 Days on Market

Highlights

  • Property is near a park
  • No HOA
  • Laundry Room
  • Polytechnic High School Rated A-
  • Living Room
  • 1 Car Garage

About This Home

As of March 2015

4 BED 3 BATH BEAUTIFULLY REMODELED DUPLEX APPROX 1793 SQUARE FEET ON A 10890 SQUARE FOOT LOT W/A DETACHED 1 CAR GARAGE!!!!!!! FRONT UNIT HAS 3 BEDROOMS AND 2 BATH APPROXIMATELY 1500 SQFT, BACK UNIT HAS 1 BED 1 BATH AND IS APPROXIMATELY 300 SQFT. STANDARD SALE!!!! BEAUTIFULLY REMODELED UNITS !!!!! MOVE IN READY WITH ALL THE UPGRADES * TERRIFIC SINGLE STORY DUPLEX!!! THIS HOME HAS NEW INTERIOR & EXTERIOR PAINT, GRANITE COUNTER TOPS IN KITCHEN & BATHROOM, NEW FIXTURES, CEILING FANS IN BEDROOMS, SINKS, TILE FLOORING, UPGRADED PLUSH CARPET, HAS A DINING ROOM, FAMILY ROOM AND LIVING ROOM!!! HOME HAS A VERY SPACIOUS KITCHEN, LAUNDRY IS RIGHT OFF THE DINING ROOM!!!! HOME IS ON A QUIET STREET & IS NEAR PARKS, SCHOOLS & SHOPPING W/EASY ACCESS TO THE 91 FREEWAY. READY TO MOVE IN IMMEDIATELY. PRICED TO SELL, THIS HOME WILL NOT LAST LONG. PROPERTY IS BEING SOLD IN AS IS CONDITION, BUYER TO VERIFY ALL PERMITS
INCLUDING BUT NOT LIMITED TO BED/BATH/SQ FT/YEAR BUILT/ AND ALL OTHER INFO FOR ITS ACCURACY/BUYERS SATISFACTION. (APPLIANCES WILL BE INSTALLED PRIOR TO CLOSE OF ESCROW)

Last Agent to Sell the Property

RICARDO LOZANO

GUARDIAN REALTY License #01735590 Listed on: 01/28/2015

Last Buyer's Agent

OUT OF AREA

OUT OF AREA License #0

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,050

Year Built

  • Built in 1925

Lot Details

  • 0.25 Acre Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Back and Front Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,800 Sq Ft Home
  • Family Room
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Property is near a park
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 261
  • Assessor Parcel Number 218041008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $2,400
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $2,000
  • Gross Income $1,334
  • Net Operating Income $16,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,050

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: 7148557111
  • Other Phone Number: 7148557111
  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 218041008
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 174.99
  • Room Type: Family Room, Living Room, Master Bedroom

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft, Paved, Park Nearby
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 1334.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 10890.0000 Square Feet
  • Net Operating Income: 16000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2000.00
  • Tax Lot: 261
  • Tax Tract Number: 0000
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2015
Closed on
Mar 3, 2015
Sold by
Shark Investments Llc
Bought by
Romero Rosana P
Seller's Agent
RICARDO LOZANO
GUARDIAN REALTY
Buyer's Agent
OUT OF AREA
OUT OF AREA
List Price
$299,990
Sold Price
$314,990
Premium/Discount to List
$15,000
5%
Total Days on Market
9
Current Estimated Value
$762,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,697
Avg. Annual Appreciation
9.11%
Original Mortgage
$309,284
Outstanding Balance
$245,137
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$536,720

Purchase Details

Closed on
Jan 27, 2014
Sold by
Shark Investments Llc
Bought by
Shark Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
4.49%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 8, 2013
Closed on
Nov 1, 2013
Sold by
Murray Robert
Bought by
Shark Investments Llc
Seller's Agent
Rob Murray
Vista Sotheby's International Realty
Buyer's Agent
Rob Murray
Vista Sotheby's International Realty
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.82%

Purchase Details

Closed on
Aug 27, 2013
Sold by
Chromy Smith Deborah Ann and Smith Michael P
Bought by
Murray Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 1994
Sold by
Chromy Smith Deborah Ann and Chromy Deborah Ann
Bought by
Smith Michael F and Chromy Smith Deborah Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,297
Interest Rate
6.98%
Mortgage Type
FHA
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
Romero Rosana P $315,000 Ticor Title
Shark Investments Llc -- First American Title
Shark Investments Llc $190,000 Lawyers Title
Murray Robert $135,000 Lawyers Title
Smith Michael F -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Rosana P $309,284
Previous Owner Shark Investments Llc $284,000
Previous Owner Shark Investments Llc $6,000,000
Previous Owner Murray Robert $135,000
Previous Owner Smith Michael F $77,297
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2015 03/13/15 Sold $314,990 +5.0% $175 / Sq Ft
02/06/2015 02/06/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $299,990 +57.9% $167 / Sq Ft
11/22/2013 11/22/13 Sold $190,000 -5.0% $106 / Sq Ft
10/08/2013 10/08/13 For Sale $199,900 -- $111 / 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 $4,050 $378,573 $108,161 $270,412
2023 $4,050 $363,874 $103,962 $259,912
2022 $3,955 $356,740 $101,924 $254,816
2021 $3,906 $349,746 $99,926 $249,820
2020 $3,876 $346,161 $98,902 $247,259
2019 $3,802 $339,374 $96,963 $242,411
2018 $3,727 $332,720 $95,062 $237,658
2017 $3,659 $326,198 $93,199 $232,999
2016 $3,424 $319,803 $91,372 $228,431
2015 $2,153 $193,795 $71,398 $122,397
2014 $2,132 $190,000 $70,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15018776

California Regional Multiple Listing Service (CRMLS)

APN: 218-041-008