R
Seller's Agent in 2014
Ray Kottapalli
Positive Realty & Investments
(562) 659-4518
25 Total Sales
625 W Broadway St Needles, CA 92363
Needles AreaEstimated Value: $620,928
--
Bed
1
Bath
9,076
Sq Ft
$68/Sq Ft
Est. Value
Highlights
- Private Pool
- Contemporary Architecture
- Central Heating
- 0.34 Acre Lot
- No HOA
- Carpet
About This Home
As of January 2014Well maintained apartment building. Ideal for a owner -investor. This 25 unit complex represents an excellent opportunity for an investor to acquire a unique, stable property with substantial upside in rents and laundry income. The building was recently rehabbed. The rehab consisted of gutting the building and replacing everything from the carpet and paint, to the electrical equipment and plumbing. The building currently has copper plumbing and copper wiring, and new toilets have been installed. In addition, the parking lot has been resurfaced and there are new concrete decks, new signage, and new TV cable hookups. Each apartment is a fully furnished efficiency unit that includes linens and a microwave oven. The current owner has taken great pride in providing a clean, well-maintained property. Needles is rich with history. The Mojave Indians lived in the valley long before settlers arrived, and descendents of the Mojave Indians still reside in the area. Needles is also famous for resting along the original Route 66. Many of the original buildings and businesses still exist in the "old downtown" area of the City. Travelers will immediately get sense of the historical feel to Needles when visiting the area.
Interior
Last Agent to Sell the Property
Positive Realty & Investments License #00978654 Listed on: 12/27/2013
Last Buyer's Agent
Positive Realty & Investments License #00978654 Listed on: 12/27/2013
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1951 | Remodeled
Lot Details
- 15,000 Sq Ft Lot
- Two or More Common Walls
- Block Wall Fence
- Density is 16-20 Units/Acre
Home Design
- Contemporary Architecture
- Property Attached
- Slab Foundation
- Common Roof
Interior Spaces
- 1 Bathroom
- 9,076 Sq Ft Home
- Carpet
- Built-In Range
- Laundry in unit
Parking
- 25 Parking Spaces
- Parking Available
- Unassigned Parking
Outdoor Features
- Private Pool
- Exterior Lighting
Utilities
- Central Heating
Listing and Financial Details
- Tax Lot 21
- Tax Tract Number 112
- Assessor Parcel Number 0186112210000
Community Details
Overview
- No Home Owners Association
- 25 Units
Amenities
- Laundry Facilities
Recreation
- Community Pool
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 23, 2018
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Dec 27, 2013
Closed on
Jan 28, 2014
Sold by
Bought by
Seller's Agent
Ray Kottapalli
Positive Realty & Investments
Buyer's Agent
Ray Kottapalli
Positive Realty & Investments
List Price
$450,000
Sold Price
$450,000
Purchase Details
Closed on
Mar 28, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Interest Rate
0.0625%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 6, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Interest Rate
0.0625%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 14, 2004
Sold by
Bought by
Purchase Details
Closed on
Feb 25, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.0579%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 13, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.0579%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 3, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
0.0687%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 2, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
0.0687%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Oct 10, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
0.0687%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 2, 1998
Sold by
Bought by
Purchase Details
Closed on
Sep 25, 1997
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $200,000 | The Nations Title Co Of Ca | ||
| -- | Investors Title Company | ||
| $875,000 | Investors Title Company | ||
| -- | -- | ||
| -- | -- | ||
| -- | Commonwealth Land Title Co | ||
| -- | -- | ||
| -- | -- | ||
| $60,000 | Chicago Title Co | ||
| $40,000 | First American Title Ins Co | ||
| $190,308 | First American Title Ins Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $656,000 | ||
| Previous Owner | $300,000 | ||
| Previous Owner | $55,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/31/2014 01/31/14 | Sold | $450,000 | 0.0% | $50 / Sq Ft |
| 12/27/2013 12/27/13 | For Sale | $450,000 | -- | $50 / Sq Ft |
| 12/20/2013 12/20/13 | Pending | -- | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $4,961 | $456,537 | $85,337 | $371,200 |
| 2025 | $4,961 | $447,586 | $83,664 | $363,922 |
| 2024 | $4,886 | $438,810 | $82,024 | $356,786 |
| 2023 | $5,558 | $430,206 | $80,416 | $349,790 |
| 2022 | $5,443 | $421,770 | $78,839 | $342,931 |
| 2021 | $5,375 | $413,500 | $77,293 | $336,207 |
| 2020 | $5,355 | $409,260 | $76,500 | $332,760 |
| 2019 | $4,242 | $274,731 | $49,452 | $225,279 |
| 2018 | $3,733 | $269,344 | $48,482 | $220,862 |
| 2017 | $3,630 | $264,062 | $47,531 | $216,531 |
| 2016 | $3,253 | $258,884 | $46,599 | $212,285 |
| 2015 | $3,317 | $254,995 | $45,899 | $209,096 |
| 2014 | $5,913 | $495,000 | $35,000 | $460,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ray Kottapalli
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13252933
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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