NOT LISTED FOR SALE

Estimated Value: $719,000 - $854,000

3 Beds
2 Baths
2,296 Sq Ft
$345/Sq Ft Est. Value

Last Sold May 11, 2016

Last sale price $433,000 $189 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,706/month

43 Days on Market

Highlights

  • No HOA
  • Paved or Partially Paved Lot
  • Back and Front Yard

About This Home

As of May 2016

Charming 3 bedroom 2 bathroom SFR on corner lot with 2 bedroom 1 bath unit in rear. House has converted dining area into 3rd bedroom. Living room has fireplace. Wood floors throughout, including bedrooms that have carpet over the wood. Linoleum in kitchen and bathrooms. Dual pane windows and bonus room next to kitchen, wash closet inside. Large basement with plenty of room for storage. Rear unit address is 553 N. White Ave.

Back unit is 2 bedrooms 1 bath, living room and dining area. Nice back yard with paver stone. Low maintenance. Great location, close to transportation, shopping and schools. Front unit is owner occupied.

Last Agent to Sell the Property

FELICIA CLARK

FELICIA CLARK, BROKER License #01729610 Listed on: 02/25/2016

Last Buyer's Agent

GLORIA APARICIO

REALTY ONE GROUP MASTERS License #01793482

REALTY ONE GROUP MASTERS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 7,245 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Paved or Partially Paved Lot
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • 2,296 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care, HVAC maintenance, trash collection, water
  • Tax Lot 12
  • Tax Tract Number 4023
  • Assessor Parcel Number 8340025011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $720
  • New Taxes Expense $5,375
  • Gross Income $800
  • Net Operating Income $28,705

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Property Type: Residential Income
  • Parcel Number: 8340025011
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 188.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: Back Yard, Front Yard, Paved
  • Lot Size Sq Ft: 7245.00
  • Price Per Lot Square Foot: 59.77
  • Lot Size Acres: 0.1660

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, HVAC Maintenance, Trash Collection, Water

Multi Family

  • Gross Income: 800.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7245.0000 Square Feet
  • Net Operating Income: 28705.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 7295.00
  • Rent Control: No
  • Total Actual Rent: 800.00

Tax Info

  • New Taxes Expense: 5375.00
  • Tax Lot: 12
  • Tax Tract Number: 4023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2019
Sold by
Tello Rosalio Ornelas and Lepe Socorro Omelas
Bought by
Ornelas Luis R and Ornelas Clarissa G
Current Estimated Value
$791,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,654
Outstanding Balance
$428,085
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$363,452

Purchase Details

Closed on
Feb 22, 2016
Sold by
Solorio Ruben and Solorio Esther
Bought by
Ornelas Luis R and Ornelas Clarissa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,157
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 2001
Sold by
Gomez Lucille C
Bought by
Solorio Ruben and Solorio Esther

Purchase Details

Closed on
Mar 30, 2001
Sold by
Vecino Mirta N
Bought by
Gomez Lucille C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,450
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ornelas Luis R -- Westminster Title Co Inc
Ornelas Luis R $433,000 None Available
Solorio Ruben -- --
Gomez Lucille C $169,954 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ornelas Luis R $488,654
Previous Owner Ornelas Luis R $425,157
Previous Owner Gomez Lucille C $161,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2016 05/11/16 Sold $433,000 +0.7% $189 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
01/17/2016 01/17/16 For Sale $430,000 -- $187 / 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 $7,295 $575,117 $333,553 $241,564
2024 $7,295 $563,841 $327,013 $236,828
2023 $7,151 $552,786 $320,601 $232,185
2022 $7,039 $541,948 $314,315 $227,633
2021 $6,876 $531,322 $308,152 $223,170
2020 $6,854 $525,875 $304,993 $220,882
2019 $6,324 $459,502 $212,241 $247,261
2018 $5,824 $450,493 $208,080 $242,413
2016 $2,873 $212,134 $93,588 $118,546
2015 $2,849 $208,949 $92,183 $116,766
2014 $2,840 $204,857 $90,378 $114,479
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16010434

California Regional Multiple Listing Service (CRMLS)

APN: 8340-025-011