NOT LISTED FOR SALE

Estimated Value: $790,000 - $995,000

2 Beds
1 Bath
1,648 Sq Ft
$530/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $499,000 $303 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,254/month

58 Days on Market

Highlights

  • Wood Flooring
  • Two Homes on a Lot
  • Tile Countertops
  • Main Floor Primary Bedroom
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of May 2014

Excellent LOCATION! LOCATION! LOCATION! A RARE find- a well-maintained, spacious DUPLEX on a quiet, tree-lined street in peaceful and friendly Whittier! CUTE FRONT HOUSE: has 2 spacious bedrooms and a nice, light bathroom that has windows and beautiful vintage tile. There is a breakfast room in the kitchen and a large living room. The front house has hardwood flooring throughout. The PRIVATE REAR HOUSE: has a lovely, private sidewalk approach and a quiet front porch, 2 spacious bedrooms, bathroom and a large living room. The floors are suspected to be hardwood also- but have been covered by carpeting for over 15 years. The kitchen window overlooks a wonderful, very private backyard with its own patio! Each home has a private, separate Laundry Room that is attached to the 2 Car Garage- which is shared one car per house. This is the perfect buy for a family that wants to have family on the same campus or as an excellent investment.

Lovely front and rear lawns, mature landscape, and conveniently located just a short walk to Whittier Marketplace (grocery, restaurants, shopping) and Hadley Pre-School! Very long-term tenants (one over 25 years). Rents are low- market rents can be $2,800/mo.

Last Agent to Sell the Property

Carla Lowringer

T.N.G. Real Estate Consultants License #00967595 Listed on: 03/12/2014

T.N.G. Real Estate Consultants

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,392

Year Built

  • Built in 1953

Lot Details

  • 5,295 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Bungalow
  • Property Attached
  • Turnkey
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,648 Sq Ft Home
  • Awning
  • Tile Countertops
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Two Homes on a Lot
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, exterior maintenance, gas, grounds care, repairs
  • Tax Lot 12
  • Tax Tract Number 12297
  • Assessor Parcel Number 8140009028

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $750
  • Trash Expense $95
  • Water Sewer Expense $95
  • New Taxes Expense $3,216
  • Gross Income $2,400
  • Net Operating Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,392

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 95.00
  • Architectural Style: Bungalow
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 8140009028
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl, Wood
  • Price Per Square Foot: 302.79
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Exterior Features: Awning(s)
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Individual Room
  • Trash Expense: 95.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Lot Size Sq Ft: 5295.00
  • Lot Size Acres: 0.1220

Rental Info

  • Tenant Pays: Cable TV, Exterior Maintenance, Gas, Grounds Care, Repairs

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 750.00
  • Lot Size Area: 5295.0000 Square Feet
  • Net Operating Income: 19800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Operating Expense: 300.00
  • Rent Control: No
  • Total Actual Rent: 24000.00

Tax Info

  • New Taxes Expense: 3216.00
  • Tax Lot: 12
  • Tax Tract Number: 12297
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2014
Closed on
May 8, 2014
Sold by
Lowinger Carla Ramsing
Bought by
Chien Chi Lin and Liao Oan Chyun
Seller's Agent
Carla Lowringer
T.N.G. Real Estate Consultants
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$520,000
Sold Price
$499,000
Premium/Discount to List
-$21,000
-4.04%
Total Days on Market
58
Current Estimated Value
$873,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,959
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
Jan 24, 2012
Sold by
Lowinger Victor Raymond
Bought by
Lowinger Carla Ramsing

Purchase Details

Closed on
Mar 20, 2003
Sold by
Lowinger Victor R and Lowinger Carla Ramsing
Bought by
Lowinger Victor R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,700
Interest Rate
5.79%

Purchase Details

Closed on
Sep 1, 1998
Sold by
Cerwonka Gerald F
Bought by
Cerwonka Janette Marone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.88%

Purchase Details

Closed on
Aug 13, 1998
Sold by
Cerwonka Janette Marone and Macklin Patricia H
Bought by
Lowinger Victor R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.88%

Purchase Details

Closed on
Jul 28, 1998
Sold by
Hillman Family Trust and Janette Marone
Bought by
Cerwonka Janette Marone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.88%
Source: Public Records

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Range of Values:

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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
Chien Chi Lin $492,000 Chicago Title Company
Lowinger Carla Ramsing -- None Available
Lowinger Victor R -- Commerce Title
Cerwonka Janette Marone -- Southland Title Corporation
Macklin Patricia H -- Southland Title Corporation
Lowinger Victor R $180,000 Southland Title Corporation
Cerwonka Janette Marone -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowinger Victor R $226,000
Previous Owner Lowinger Victor R $172,700
Previous Owner Lowinger Victor R $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $499,000 -4.0% $303 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $520,000 -- $316 / 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
2024 $7,392 $591,286 $295,643 $295,643
2023 $7,357 $579,694 $289,847 $289,847
2022 $7,206 $568,328 $284,164 $284,164
2021 $7,012 $557,186 $278,593 $278,593
2019 $6,923 $540,662 $270,331 $270,331
2018 $6,706 $530,062 $265,031 $265,031
2016 $6,500 $509,482 $254,741 $254,741
2015 $6,379 $501,830 $250,915 $250,915
2014 $3,312 $230,182 $84,014 $146,168
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14050852

California Regional Multiple Listing Service (CRMLS)

APN: 8140-009-028