NOT LISTED FOR SALE

Estimated Value: $606,000 - $809,000

3 Beds
2 Baths
1,401 Sq Ft
$515/Sq Ft Est. Value

Last Sold June 05, 2014

Last sale price $288,000 $206 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $3,994/month

127 Days on Market

About This Home

As of June 2014

Perfect for first time buyers, the 2 units had been remodeld each unit has a private laundry room.

Last Agent to Sell the Property

Arturo Garcia

Cristal Real Estate Group License #01315340 Listed on: 12/03/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,701

Year Built

  • Built in 1953

Lot Details

  • 5,208 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,401 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 2408
  • Assessor Parcel Number 6051029023

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Insurance Expense $660
  • Water Sewer Expense $480
  • New Taxes Expense $2,409
  • Gross Income $900
  • Net Operating Income $6,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,701

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 562 417-1115
  • Property Attached: Yes
  • Water Sewer Expenses: 480.00
  • Property Type: Residential Income
  • Parcel Number: 6051029023
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 205.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5208.00
  • Lot Size Acres: 0.1200

Multi Family

  • Electric Expense: 420.00
  • Gross Income: 900.00
  • Gross Scheduled Income: 10800.00
  • Insurance Expense: 660.00
  • Lot Size Area: 5208.0000 Square Feet
  • Net Operating Income: 6840.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 330.00
  • Rent Control: Yes
  • Total Actual Rent: 900.00

Tax Info

  • New Taxes Expense: 2409.00
  • Tax Lot: 29
  • Tax Tract Number: 2408
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2013
Closed on
May 21, 2014
Sold by
Alamo Patricia Tapia
Bought by
Serrano Jose Manuel and Serrano Jose De Jesus
Seller's Agent
Arturo Garcia
Cristal Real Estate Group
Buyer's Agent
John Capiro
Compass
List Price
$285,000
Sold Price
$288,000
Premium/Discount to List
$3,000
1.05%
Current Estimated Value
$658,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,006
Avg. Annual Appreciation
8.54%
Original Mortgage
$282,783
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 3, 2013
Closed on
Apr 15, 2014
Sold by
Japan Peripheral Network Corporation
Bought by
Serrano Jose Manuel and Serrano Jose De Jesus
Seller's Agent
Arturo Garcia
Cristal Real Estate Group
Buyer's Agent
John Capiro
Compass
List Price
$285,000
Sold Price
$288,000
Premium/Discount to List
$3,000
1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,783
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 2012
Sold by
Malone Janon F Bayard
Bought by
Japan Peripheral Network Corp

Purchase Details

Closed on
Apr 11, 1994
Sold by
Flournoy Marilyn J
Bought by
Flournoy James L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Serrano Jose Manuel -- None Available
Serrano Jose Manuel $288,000 Wfg Title Company
Japan Peripheral Network Corp $175,200 None Available
Flournoy James L -- Title Land Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serrangq Jose Manuel $259,100
Previous Owner Serrano Jose Manuel $282,783
Previous Owner Malone Janon F Bayard $195,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2014 06/05/14 Sold $288,000 +1.1% $206 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
12/03/2013 12/03/13 For Sale $285,000 -- $203 / 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 $4,701 $353,036 $220,649 $132,387
2024 $4,701 $346,115 $216,323 $129,792
2023 $4,615 $339,330 $212,082 $127,248
2022 $4,413 $332,677 $207,924 $124,753
2021 $4,355 $326,155 $203,848 $122,307
2019 $4,229 $316,482 $197,802 $118,680
2018 $4,139 $310,277 $193,924 $116,353
2016 $3,946 $298,231 $186,395 $111,836
2015 $3,887 $293,753 $183,596 $110,157
2014 $3,017 $215,171 $122,955 $92,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13242866

California Regional Multiple Listing Service (CRMLS)

APN: 6051-029-023