NOT LISTED FOR SALE

667 W 4th St San Pedro, CA 90731

Estimated Value: $906,000 - $968,000

6 Beds
3 Baths
2,384 Sq Ft
$393/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $525,000 $220 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,504/month

6 Days on Market

About This Home

As of December 2017

Large 4bd and 2 bath home plus a 2bd home 1bath home. 2 separate buildings. 2 garages and large driveway.
Property to be sold as is also with tenants. Buyers to cooperate with sellers 1031 exchange with no cost to buyers

Last Agent to Sell the Property

Francesco Funiciello

West Shores Realty, Inc. License #01113758 Listed on: 11/04/2017

West Shores Realty, Inc.

Last Buyer's Agent

Hector Lara

Orange Dot Real Estate License #01267483

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,230

Year Built

  • Built in 1933

Lot Details

  • 5,000 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,384 Sq Ft Home
  • Duplex
  • Split Level Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 20
  • Assessor Parcel Number 7451026005

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $100
  • Trash Expense $550
  • Water Sewer Expense $600
  • New Taxes Expense $6,250
  • Operating Expense $7,500
  • Gross Income $17,700
  • Net Operating Income $29,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,230

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 600.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7451026005
  • Year Built: 1933
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: Multi/Split
  • Price Per Square Foot: 220.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 550.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5000.00

Multi Family

  • Gross Income: 17700.00
  • Gross Scheduled Income: 47100.00
  • Insurance Expense: 100.00
  • Net Operating Income: 29400.00
  • 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: 18000.00
  • Rent Control: Yes
  • Total Expenses: 7500.00

Tax Info

  • New Taxes Expense: 6250.00
  • Tax Census Tract: 2966.00
  • Tax Lot: 10
  • Tax Tract Number: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2017
Closed on
Dec 5, 2017
Sold by
Lightfoot Jaime N
Bought by
Swift Stephen E
Seller's Agent
Francesco Funiciello
West Shores Realty, Inc.
Buyer's Agent
Hector Lara
Orange Dot Real Estate
List Price
$499
Sold Price
$525,000
Premium/Discount to List
$524,501
105110.42%
Current Estimated Value
$936,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,235
Avg. Annual Appreciation
7.63%
Original Mortgage
$386,250
Outstanding Balance
$324,426
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$611,809

Purchase Details

Listed on
Nov 4, 2017
Closed on
Nov 14, 2017
Sold by
Storrie Robert A and Storrie Patricia J
Bought by
Swift Stephen E
Seller's Agent
Francesco Funiciello
West Shores Realty, Inc.
Buyer's Agent
Hector Lara
Orange Dot Real Estate
List Price
$499
Sold Price
$525,000
Premium/Discount to List
$524,501
105110.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Outstanding Balance
$324,426
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$611,809

Purchase Details

Closed on
Jul 12, 2016
Sold by
Storrie Charles W and Storrie Kathleen V
Bought by
Storrie Robert A and Storrie Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
3.41%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 5, 2011
Sold by
Gonzalez Rachel L
Bought by
Storrie Charles W and Storrie Kathleen V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2003
Sold by
Esparza Daniel B and Esparza Diane M
Bought by
Gonzalez Rachel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,100
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2003
Sold by
Vidal Emiliano
Bought by
Gonzales Rachel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,100
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1994
Sold by
Bautista Joseph Gregory and Bautista Frank
Bought by
Esparza Daniel B and Esparza Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Interest Rate
9.03%
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
Swift Stephen E -- Fidelity National Title Co
Swift Stephen E $515,000 Fidelity National Title Co
Storrie Robert A -- None Available
Storrie Charles W $255,000 --
Gonzalez Rachel L $299,000 Diversified Title & Escrow S
Gonzales Rachel L -- Diversified Title & Escrow S
Esparza Daniel B $165,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swift Stephen E $386,250
Previous Owner Storrie Robert A $178,000
Previous Owner Storrie Charles W $191,250
Previous Owner Gonzalez Rachel L $269,100
Previous Owner Gonzales Rachel L $269,100
Previous Owner Esparza Daniel B $107,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2017 12/14/17 Sold $525,000 +5.0% $220 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
11/05/2017 11/05/17 Price Changed $499,900 +100080.4% $210 / Sq Ft
11/04/2017 11/04/17 For Sale $499 -- $0 / 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 $7,230 $585,978 $398,238 $187,740
2024 $7,230 $574,489 $390,430 $184,059
2023 $7,093 $563,225 $382,775 $180,450
2022 $6,767 $552,182 $375,270 $176,912
2021 $6,675 $541,356 $367,912 $173,444
2020 $6,739 $535,806 $364,140 $171,666
2019 $6,477 $525,300 $357,000 $168,300
2018 $6,381 $515,000 $350,000 $165,000
2017 $132 $610,000 $400,000 $210,000
2016 $3,406 $270,562 $212,207 $58,355
2015 $3,359 $266,499 $209,020 $57,479
2014 $3,364 $261,280 $204,926 $56,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17251083

California Regional Multiple Listing Service (CRMLS)

APN: 7451-026-005