NOT LISTED FOR SALE

653 W 21st St San Pedro, CA 90731

Estimated Value: $915,000 - $1,264,845

6 Beds
5 Baths
2,858 Sq Ft
$380/Sq Ft Est. Value

Last Sold March 29, 2012

Last sale price $465,000 $163 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $6,484/month

14 Days on Market

Highlights

  • Gated Parking
  • Spanish Architecture
  • Tile Countertops
  • Wood Flooring
  • No HOA
  • Laundry Room

About This Home

As of March 2012

Three unit investment property in the south Plaza neighborhood, near 22nd St Marina and Point Fermin. Front unit has 3-Bedrooms/2-Baths. This was the original home that the Tax Records state was built in 1941. It has some hardwood floors, wood shutters & carpeted bedrooms. Kitchen has white cabinets and tile. Nice master bathroom connected to bedroom. Separate laundry room. In 1985 the Upstairs unit and Rear unit was added. The Upstairs unit is light and sunny. It has a front patio, 2-Bedrooms/2-Baths (one bath connected to a bedroom) and a laundry area. The Rear unit is a 1-Bedroom/1-Bath that has new laminate wood flooring and fresh paint as well as a tastefully updated bathroom. One-car garage off the rear alley plus extra parking, behind a gate. Many trees and shrubs on the property. Property is to be sold "As Is" and Buyer to confirm all information.

Last Agent to Sell the Property

Bob Randall

Randall Realty License #00447648 Listed on: 01/31/2012

Last Buyer's Agent

Aurelio Mattucci

Mattucci Real Estate License #01409641

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,290

Year Built

  • Built in 1941

Lot Details

  • 5,000 Sq Ft Lot
  • Property fronts an alley
  • Fenced
  • Level Lot

Parking

  • 1 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Gated Parking

Home Design

  • Spanish Architecture
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,858 Sq Ft Home
  • Drapes & Rods
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Mirrored Closets Doors
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Gas Water Heater
  • TV Antenna

Listing and Financial Details

  • Legal Lot and Block 7 / 6
  • Assessor Parcel Number 7462029007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,100
  • Trash Expense $40
  • Water Sewer Expense $1,920
  • New Taxes Expense $5,230
  • Gross Income $2,450
  • Net Operating Income $30,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,290

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • View: No
  • Water Sewer Expenses: 1920.00
  • Zoning: LARD1.5
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7462029007
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s)
  • Levels: Two
  • Price Per Square Foot: 162.70
  • Window Features: Drapes

Exterior Features

  • Exterior Features: TV Antenna
  • Fence: Yes
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Gated, On Site, Garage Faces Rear
  • Total Parking Spaces: 7.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Trash Expense: 40.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1100

Multi Family

  • Gross Income: 2450.00
  • Gross Scheduled Income: 40200.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 5000.0000 Square Feet
  • Net Operating Income: 30540.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 805.00
  • Rent Control: No
  • Total Actual Rent: 2400.00

Tax Info

  • New Taxes Expense: 5230.00
  • Tax Block: 6
  • Taxes Percent: 1.04
  • Tax Lot: 7
  • Tax Tract Number: Carol
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2012
Closed on
Mar 27, 2012
Sold by
Valdez Robert and Valdez Gloria Gomez
Bought by
Pierce Norie and Pierce Craig
Seller's Agent
Bob Randall
Randall Realty
Buyer's Agent
Aurelio Mattucci
Mattucci Real Estate
List Price
$465,000
Sold Price
$465,000
Current Estimated Value
$1,086,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$621,961
Avg. Annual Appreciation
6.61%
Original Mortgage
$448,725
Outstanding Balance
$307,589
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$793,177

Purchase Details

Listed on
Jan 31, 2012
Closed on
Feb 14, 2012
Sold by
Valdez Luisa A
Bought by
Pierce Norie and Pierce Craig
Seller's Agent
Bob Randall
Randall Realty
Buyer's Agent
Aurelio Mattucci
Mattucci Real Estate
List Price
$465,000
Sold Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,725
Outstanding Balance
$307,589
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$793,177

Purchase Details

Closed on
Aug 10, 2001
Sold by
Valdez Robert and Valdez Gloria Gomez
Bought by
Valdez Victor M and Valdez Luisa A

Purchase Details

Closed on
Sep 18, 1997
Sold by
Valdez Victor and Valdez Louisa A
Bought by
Valdez Robert and Valdez Gloria Gomez

Purchase Details

Closed on
Jun 6, 1994
Sold by
T D Service Company
Bought by
Valdez Victor and Valdez Louisa A
Source: Public Records

Range of Values:

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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
Pierce Norie -- None Available
Pierce Norie $465,000 Calcounties Title Nation
Valdez Victor M -- --
Valdez Robert -- --
Valdez Victor $113,529 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Norie $448,725
Previous Owner Valdez Robert $195,000
Previous Owner Valdez Robert $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2012 03/29/12 Sold $465,000 0.0% $163 / Sq Ft
02/14/2012 02/14/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $465,000 -- $163 / 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 $7,290 $584,056 $332,850 $251,206
2024 $7,290 $572,605 $326,324 $246,281
2023 $7,154 $561,378 $319,926 $241,452
2022 $6,828 $550,371 $313,653 $236,718
2021 $6,733 $539,580 $307,503 $232,077
2019 $6,535 $523,578 $298,383 $225,195
2018 $6,426 $513,313 $292,533 $220,780
2017 $6,287 $503,249 $286,798 $216,451
2016 $6,121 $493,382 $281,175 $212,207
2015 $6,033 $485,972 $276,952 $209,020
2014 $6,069 $476,453 $271,527 $204,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: V12014272

California Regional Multiple Listing Service (CRMLS)

APN: 7462-029-007