NOT LISTED FOR SALE

Estimated Value: $664,000 - $796,000

4 Beds
2 Baths
1,560 Sq Ft
$479/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $405,000 $260 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,382/month

33 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Accessible Parking
  • Fireplace in Bathroom
  • Granite Countertops
  • Ceiling Fan

About This Home

As of February 2016

Front house 3 bedrooms 1 baths back house 1 bedroom one bath, both units are remodeled assessor show only 2 bedrooms house but building and safety show two units, tax assessor will review status.Agents and buyers to verify entire condition and all information on this property on their own and must satisfy themselves as to all aspects of this property information deemed reliable but not guaranteed.

Last Agent to Sell the Property

Sergio Martinez

EXCELLENCE RE REAL ESTATE License #00493155 Listed on: 10/30/2015

EXCELLENCE RE REAL ESTATE

Last Buyer's Agent

Sergio Martinez

EXCELLENCE RE REAL ESTATE License #00493155 Listed on: 10/30/2015

EXCELLENCE RE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 4,797 Sq Ft Lot
  • Two or More Common Walls
  • Fence is in fair condition
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Slab Foundation
  • Fire Rated Drywall
  • Partial Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 1,560 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Wood Flooring

Kitchen

  • Propane Cooktop
  • Granite Countertops
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms
  • Fireplace in Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Parking

Utilities

  • 220 Volts
  • Propane Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 4807
  • Assessor Parcel Number 4007028010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Water Sewer Expense $3,600
  • New Taxes Expense $5,000
  • Gross Income $3,000
  • Net Operating Income $800

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 3600.00
  • Property Type: Residential Income
  • Parcel Number: 4007028010
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Copper Plumbing Partial
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Fireplace Features: Bath, Gas, Kitchen
  • Levels: One
  • Price Per Square Foot: 259.62
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Fencing: Fair Condition
  • Pool Private: No
  • Construction Materials: Drywall Walls, Plaster, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available, Water Connected
  • Appliances: Propane Cooktop, Propane Water Heater
  • Electric: 220 Volts
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4797.00
  • Price Per Lot Square Foot: 84.43
  • Lot Size Acres: 0.1100

Multi Family

  • Gross Income: 3000.00
  • Gross Scheduled Income: 3000.00
  • Insurance Expense: 800.00
  • Lot Size Area: 4797.0000 Square Feet
  • Net Operating Income: 800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2200.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Lot: 9
  • Tax Tract Number: 4807

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2015
Closed on
Feb 23, 2016
Sold by
Blob Llc
Bought by
Menchaca Rutilio and Menchaca Herlinda
Seller's Agent
Sergio Martinez
EXCELLENCE RE REAL ESTATE
Buyer's Agent
Sergio Martinez
EXCELLENCE RE REAL ESTATE
List Price
$404,500
Sold Price
$405,000
Premium/Discount to List
$500
0.12%
Current Estimated Value
$747,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,682
Avg. Annual Appreciation
6.37%
Original Mortgage
$303,750
Outstanding Balance
$241,908
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$505,774

Purchase Details

Closed on
Dec 7, 2015
Sold by
Lalehzari Behzad and Lalehzari Farideh
Bought by
Blob Llc

Purchase Details

Listed on
Feb 11, 2015
Closed on
Mar 11, 2015
Sold by
Fannie Mae
Bought by
Lalehzari Behzad and Lalehzari Farideh
Seller's Agent
Ray Duran
L.A. R.E. NETWORK ERA
Buyer's Agent
Sergio Martinez
EXCELLENCE RE REAL ESTATE
List Price
$235,000
Sold Price
$255,000
Premium/Discount to List
$20,000
8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%

Purchase Details

Closed on
Feb 8, 2013
Sold by
Smith Jessie M
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Nov 21, 2008
Sold by
Blane Oscar and Blane Gail
Bought by
Smith Jessie M

Purchase Details

Closed on
Jun 23, 2008
Sold by
Smith Jessie M
Bought by
Blane Oscar and Blane Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2007
Sold by
Blane Oscar and Blane Gail
Bought by
Blane Oscar and Blane Gail

Purchase Details

Closed on
Apr 21, 2006
Sold by
Blane Oscar and Blane Gail
Bought by
Blane Oscar and Blane Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2005
Sold by
Blane Oscar and Blane Gail
Bought by
Blane Oscar and Blane Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 1998
Sold by
Blane Oscar and Blane Gail
Bought by
Blane Oscar and Blane Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,861
Interest Rate
6.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Menchaca Rutilio $405,000 Old Republic Title Company
Blob Llc -- None Available
Lalehzari Behzad $255,000 Wfg Title Company
Fannie Mae $190,000 Orange Coast Title
Smith Jessie M -- Ticor Title Tustin Orange Co
Blane Oscar -- Nations Title Company Of Ca
Blane Oscar -- None Available
Blane Oscar -- Gateway Title Company
Blane Oscar -- Gateway Title Company
Blane Oscar -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menchaca Rutilio $303,750
Previous Owner Blane Oscar $224,000
Previous Owner Blane Oscar $164,000
Previous Owner Blane Oscar $114,000
Previous Owner Blane Oscar $76,861
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2016 02/26/16 Sold $405,000 +0.1% $260 / Sq Ft
12/02/2015 12/02/15 Pending -- -- --
10/30/2015 10/30/15 For Sale $404,500 +58.6% $259 / Sq Ft
04/15/2015 04/15/15 Sold $255,000 +8.5% $244 / Sq Ft View Prior Sale
02/19/2015 02/19/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $235,000 -7.8% $225 / Sq Ft
02/02/2015 02/02/15 Off Market $255,000 -- --
01/30/2015 01/30/15 For Sale $235,000 -- $225 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,935 $479,432 $361,055 $118,377
2024 $5,935 $470,032 $353,976 $116,056
2023 $5,827 $460,817 $347,036 $113,781
2022 $5,565 $451,782 $340,232 $111,550
2021 $5,490 $442,924 $333,561 $109,363
2020 $5,544 $438,383 $330,141 $108,242
2019 $5,330 $429,788 $323,668 $106,120
2018 $5,261 $421,362 $317,322 $104,040
2016 $3,284 $258,888 $207,111 $51,777
2015 $3,072 $243,344 $153,691 $89,653
2014 $3,091 $238,578 $150,681 $87,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB15238473

California Regional Multiple Listing Service (CRMLS)

APN: 4007-028-010