NOT LISTED FOR SALE

Estimated Value: $462,000 - $713,000

2 Beds
1 Bath
1,868 Sq Ft
$298/Sq Ft Est. Value

Last Sold July 11, 2014

Last sale price $185,000 $99 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $3,159/month

84 Days on Market

About This Home

As of July 2014

Great cash flow duplex! Amazing opportunity for investors looking for an income producing property! Property features include: 2 attached units, tile floors in living areas, laminate hardwood floored bedrooms, new kitchen cabinets with granite counter tops, new paint interior and exterior. and various other home upgrades recently done. The property has a third building for garages with three separate doors. MUST SEE!! Feel free to drive by BUT DO NOT bother tenants. You can view the property by appointment only.

Last Agent to Sell the Property

Alex Carmona

PAK Home Realty License #01510760 Listed on: 03/18/2014

Last Buyer's Agent

Ricardo Carrillo

Quality Real Estate Corp. License #01476100

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,887

Year Built

  • Built in 1924

Lot Details

  • 10,500 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 3 Car Garage

Home Design

  • 1,868 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 0140033170000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,887

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 0140033170000
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 99.04

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 10500.00
  • Lot Size Acres: 0.2410

Multi Family

  • Lot Size Area: 10500.0000 Square Feet
  • 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
  • Rent Control: No
  • Total Actual Rent: 1600.00

Tax Info

  • Tax Lot: 2
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2014
Closed on
Jul 3, 2014
Sold by
Carmona Arturo
Bought by
Arroyo Rosa M
Seller's Agent
Alex Carmona
PAK Home Realty
Buyer's Agent
Ricardo Carrillo
Quality Real Estate Corp.
List Price
$185,000
Sold Price
$185,000
Current Estimated Value
$557,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,482
Avg. Annual Appreciation
10.25%
Original Mortgage
$181,649
Outstanding Balance
$139,709
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$417,773

Purchase Details

Listed on
Mar 18, 2014
Closed on
Jun 9, 2014
Sold by
Arroyo Rosa M
Bought by
Mercado Juan Rivera and Mercado Abraham
Seller's Agent
Alex Carmona
PAK Home Realty
Buyer's Agent
Ricardo Carrillo
Quality Real Estate Corp.
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Outstanding Balance
$139,709
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$417,773

Purchase Details

Closed on
May 2, 2011
Sold by
Tovar Juanita B
Bought by
Arroyo Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,788
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2010
Sold by
Calpoly Investments Llc
Bought by
Tovar Juanita B

Purchase Details

Closed on
Jul 27, 2010
Sold by
Sanchez Gabriella and Sanchez Gabriela
Bought by
Calpoly Investments Llc

Purchase Details

Closed on
Feb 24, 2010
Sold by
Baguley Douglas K
Bought by
Sanchez Gabriela

Purchase Details

Closed on
Feb 1, 2010
Sold by
Bank Of America National Association
Bought by
Baguley Douglas Kyle

Purchase Details

Closed on
Dec 2, 2009
Sold by
Villarreal Jesus and Villarreal Dolores
Bought by
Bank Of America National Association

Purchase Details

Closed on
Dec 15, 2005
Sold by
Villarreal Dolores
Bought by
Villarreal Jesus and Villarreal Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
6.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 27, 2004
Sold by
Villarreal Jesus and Villarreal Dolores
Bought by
Villarreal Jesus and Villarreal Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2003
Sold by
The Way Christian Fellowship
Bought by
Villareal Jesus and Villarreal Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,759
Interest Rate
5.83%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 2002
Sold by
Hud
Bought by
The Way Christian Fellowship

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.06%

Purchase Details

Closed on
Sep 13, 2002
Sold by
Homeside Lending Inc
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.06%

Purchase Details

Closed on
Apr 24, 2002
Sold by
Gonzalez Ramses
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Dec 13, 2000
Sold by
Community Alliance Development Inc
Bought by
Gonzalez Ramses

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,176
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 2000
Sold by
Hud
Bought by
Community Alliance Development Inc

Purchase Details

Closed on
May 1, 2000
Sold by
Wells Fargo Home Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Feb 11, 2000
Sold by
Nieves Enrique
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Jan 12, 1998
Sold by
Ferrufino Johnny
Bought by
Nieves Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,906
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 1997
Sold by
Vargas Arlene
Bought by
Ferrufino Johnny

Purchase Details

Closed on
Oct 11, 1995
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Sep 12, 1995
Sold by
Gregory Alberta L
Bought by
Chase Manhattan Mtg Corp
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
Arroyo Rosa M -- Chicago Title Company
Mercado Juan Rivera $185,000 Chicago Title Company
Arroyo Rosa M $138,500 Pacific Coast Title
Tovar Juanita B $111,000 None Available
Calpoly Investments Llc $98,000 Pacific Coast Title
Sanchez Gabriela -- None Available
Baguley Douglas Kyle $75,000 Spl Title Services
Bank Of America National Association $64,600 Accommodation
Villarreal Jesus -- --
Villareal Dolores -- Financial Title
Villareal Dolores -- Financial Title
Villarreal Jesus -- Ticor Title Company
Villareal Jesus $145,000 First American
The Way Christian Fellowship $90,000 First American
Hud $125,824 Stewart Title
Homeside Lending Inc $125,824 Stewart Title
Gonzalez Ramses $118,000 Orange Coast Title
Community Alliance Development Inc $46,000 Orange Coast Title
Hud -- Fidelity National Title Ins
Norwest Mtg Inc $96,200 Fidelity National Title Ins
Nieves Enrique $89,000 Stewart Title
Ferrufino Johnny -- Commonwealth Land Title Co
Ferrufino Johnny $29,000 Commonwealth Land Title Co
Hud -- First Southwestern Title Co
Chase Manhattan Mtg Corp $62,924 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercado Juan Rivera $181,649
Previous Owner Arroyo Rosa M $103,788
Previous Owner Villareal Dolores $262,000
Previous Owner Villarreal Jesus $170,000
Previous Owner Villareal Jesus $142,759
Previous Owner The Way Christian Fellowship $90,000
Previous Owner Gonzalez Ramses $116,176
Previous Owner Nieves Enrique $88,906
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2014 07/11/14 Sold $185,000 0.0% $99 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $185,000 -- $99 / 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 $2,887 $222,343 $52,882 $169,461
2024 $2,887 $217,983 $51,845 $166,138
2023 $2,815 $213,708 $50,828 $162,880
2022 $2,818 $209,517 $49,831 $159,686
2021 $2,822 $205,409 $48,854 $156,555
2020 $2,828 $203,303 $48,353 $154,950
2019 $2,746 $199,317 $47,405 $151,912
2018 $2,715 $195,408 $46,475 $148,933
2017 $2,631 $191,577 $45,564 $146,013
2016 $2,553 $187,821 $44,671 $143,150
2015 $2,449 $185,000 $44,000 $141,000
2014 $1,900 $144,629 $34,489 $110,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG14058138

California Regional Multiple Listing Service (CRMLS)

APN: 0140-033-17