NOT LISTED FOR SALE

5907 Watcher St Bell, CA 90201

Estimated Value: $793,000 - $1,129,000

5 Beds
3 Baths
2,211 Sq Ft
$426/Sq Ft Est. Value

Last Sold February 16, 2017

Last sale price $610,000 $276 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,734/month

7 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • 1-Story Property
  • Level Lot

About This Home

As of February 2017

OPPORTUNITY KNOCKING ON YOUR DOOR! A great property in an excellent location! A quiet street; walking distance to the high school; close to the freeway without the noise; close to shopping & other amenities. The rents have not been raised in the last 2-3 years -a great upside potential! Unit mix affords a lifestyle of " have your cake & eat it too" - let the other unit help PAY the mortgage payment. First time on the market in 21 years & priced very competitively.

Last Agent to Sell the Property

Henry Geronimo

MEDALLION REALTORS License #00900879 Listed on: 12/12/2016

Last Buyer's Agent

Henry Geronimo

MEDALLION REALTORS License #00900879 Listed on: 12/12/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 7,528 Sq Ft Lot
  • No Common Walls
  • Level Lot

Interior Spaces

  • 2,211 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Wall Furnace
  • Private Water Source

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 9
  • Tax Tract Number 12583
  • Assessor Parcel Number 6330010023

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Maintenance Expense $3,600
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $7,812
  • Operating Expense $15,612
  • Net Operating Income $32,459

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1200.00
  • Zoning: BGR2*
  • Property Type: Residential Income
  • Parcel Number: 6330010023
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 275.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace, Heat Pump
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Private
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999
  • Lot Size Sq Ft: 7528.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 44720.00
  • Insurance Expense: 1800.00
  • Maintenance Expense: 3600.00
  • Net Operating Income: 32459.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 12261.00
  • Operating Expense Percent: 27.50
  • Rent Control: No
  • Total Actual Rent: 3440.00
  • Total Expenses: 15612.00

Tax Info

  • New Taxes Expense: 7812.00
  • Tax Census Tract: 5339.01
  • Tax Lot: 9
  • Tax Tract Number: 12583

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2016
Closed on
Feb 8, 2017
Sold by
Nerio Olga and Nerio Olga M
Bought by
Sandoval Ricardo and Sandoval Maria
Seller's Agent
Henry Geronimo
MEDALLION REALTORS
Buyer's Agent
Henry Geronimo
MEDALLION REALTORS
List Price
$620,000
Sold Price
$610,000
Premium/Discount to List
-$10,000
-1.61%
Current Estimated Value
$942,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,750
Avg. Annual Appreciation
5.02%
Original Mortgage
$598,951
Outstanding Balance
$494,792
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$447,958

Purchase Details

Closed on
Mar 6, 1995
Sold by
Tauscher Henry P and Tauscher Living Trust
Bought by
Nerio Cesar O and Nerio Olga M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
8.86%

Purchase Details

Closed on
Dec 15, 1993
Sold by
Tauscher Henry P and Tauscher Shirley J
Bought by
Tauscher Henry P and Tauscher Shirley J
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
Sandoval Ricardo $610,000 Ticor Title Company
Nerio Cesar O $220,000 World Title Company
Tauscher Henry P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandoval Ricardo $598,951
Previous Owner Nerio Cesar O $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2017 02/16/17 Sold $610,000 -1.6% $276 / Sq Ft
12/19/2016 12/19/16 Pending -- -- --
12/12/2016 12/12/16 For Sale $620,000 -- $280 / 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 $9,702 $707,950 $406,201 $301,749
2024 $9,702 $694,070 $398,237 $295,833
2023 $9,680 $680,462 $390,429 $290,033
2022 $9,294 $667,121 $382,774 $284,347
2021 $8,857 $654,041 $375,269 $278,772
2020 $8,781 $647,336 $371,422 $275,914
2019 $8,493 $634,644 $364,140 $270,504
2018 $8,588 $622,200 $357,000 $265,200
2016 $4,922 $315,778 $110,662 $205,116
2015 $4,578 $311,035 $109,000 $202,035
2014 $4,461 $304,943 $106,865 $198,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16766025

California Regional Multiple Listing Service (CRMLS)

APN: 6330-010-023