NOT LISTED FOR SALE

6305 Orchard Ave Bell, CA 90201

Estimated Value: $857,000 - $971,000

5 Beds
3 Baths
2,290 Sq Ft
$399/Sq Ft Est. Value

Last Sold November 05, 2018

Last sale price $600,000 $262 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,790/month

55 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • 2 Car Garage
  • Bell High School Rated A-
  • Laundry Room
  • 3-minute walk to Ernest Debs Park

About This Home

As of November 2018

2 units in Bell! Front unit is 2 bedrooms, 1 bathroom, large living room and formal dining room, and parking space behind the house. The back unit is 3 bedrooms, 2 bathrooms, and includes a 2 car attached garage. Both units have their own laundry hook-ups.

Last Agent to Sell the Property

Michael Berdelis

24 Hour Real Estate License #01234589 Listed on: 03/06/2018

Last Buyer's Agent

IRMA ARTIGA

CENTURY 21 REALTY MASTERS License #01718114

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,430

Year Built

  • Built in 1919

Lot Details

  • 7,231 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Composition Roof

Interior Spaces

  • 2,290 Sq Ft Home
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 314
  • Tax Tract Number 2420
  • Assessor Parcel Number 6318021011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $240
  • Insurance Expense $1,100
  • Trash Expense $340
  • New Taxes Expense $8,438
  • Operating Expense $10,118
  • Gross Income $36,000
  • Net Operating Income $25,882

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,430

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • CapRate: 3.83
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: BLR3*
  • Property Type: Residential Income
  • Gardener Expense: 240.00
  • Parcel Number: 6318021011
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 262.01

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 340.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7231.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1100.00
  • Net Operating Income: 25882.00
  • 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: 10118.00
  • Rent Control: No
  • Total Actual Rent: 3000.00
  • Total Expenses: 10118.00

Tax Info

  • New Taxes Expense: 8438.00
  • Tax Census Tract: 5336.01
  • Tax Lot: 314
  • Tax Tract Number: 2420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
Nov 5, 2018
Sold by
Valen
Bought by
Vill
Seller's Agent
Michael Berdelis
24 Hour Real Estate
Buyer's Agent
IRMA ARTIGA
CENTURY 21 REALTY MASTERS
List Price
$675,000
Sold Price
$600,000
Premium/Discount to List
-$75,000
-11.11%
Current Estimated Value
$898,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,616
Avg. Annual Appreciation
6.42%
Original Mortgage
$589,132
Interest Rate
4.83%

Purchase Details

Closed on
Dec 20, 2009
Sold by
Valenzuela Edward R and Valenzuela Eduardo R
Bought by
Valenzuela Edward R and Valenzuela Gabriela

Purchase Details

Closed on
Jul 7, 2003
Sold by
Valenzuela Ruben C and Valenzuela Eduardo
Bought by
Valenzuela Eduardo R

Purchase Details

Closed on
Oct 16, 1998
Sold by
Valenzuela Ruben
Bought by
Valenzuela Ruben C and Valenzuela Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,500
Interest Rate
6.6%

Purchase Details

Closed on
Aug 19, 1996
Sold by
Valenzuela Eduardo
Bought by
Valenzuela Ruben C and Valenzuela Julia C

Purchase Details

Closed on
May 6, 1996
Sold by
Valenzuela Ruben C and Valenzuela Julia C
Bought by
Valenzuela Eduardo
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
Vill -- --
Valenzuela Edward R -- None Available
Valenzuela Eduardo R -- --
Valenzuela Ruben C -- Fidelity National Title Ins
Valenzuela Ruben C -- Fidelity National Title Ins
Valenzuela Ruben C -- --
Valenzuela Eduardo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villalobos Silvia $588,047
Closed Sylvia Villalobos Silvia $593,519
Closed Vill $589,132
Closed Vill --
Previous Owner Valenzuela Ruben C $107,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2018 11/05/18 Sold $600,000 -7.7% $262 / Sq Ft
03/19/2018 03/19/18 Price Changed $649,950 -3.7% $284 / Sq Ft
03/06/2018 03/06/18 For Sale $675,000 -- $295 / 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 $10,430 $669,305 $278,876 $390,429
2024 $10,430 $656,182 $273,408 $382,774
2023 $10,243 $643,317 $268,048 $375,269
2022 $9,838 $630,704 $262,793 $367,911
2021 $9,737 $618,339 $257,641 $360,698
2020 $9,782 $612,000 $255,000 $357,000
2019 $9,445 $600,000 $250,000 $350,000
2018 $2,550 $130,201 $20,009 $110,192
2016 $2,586 $125,147 $19,233 $105,914
2015 $2,440 $123,269 $18,945 $104,324
2014 $2,440 $120,855 $18,574 $102,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18052275

California Regional Multiple Listing Service (CRMLS)

APN: 6318-021-011