NOT LISTED FOR SALE

Estimated Value: $1,303,562 - $1,595,000

6 Beds
3 Baths
2,832 Sq Ft
$507/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $940,000 $332 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $9,169/month

22 Days on Market

About This Home

As of June 2016

This 2832 Square Foot, three-unit apartment building sits on a large 7,058 SF lot. The subject property consists of (3) two-bed, one-bath units. The owner's unit features a remodeled kitchen with granite counter tops, hard wood floors, laundry inside. All units have individual water heaters, the building is separately metered for electric and gas. Both units downstairs have laundry hookups inside, long side driveway leads to a 3 car detached garage. Owner's unit will be delivered vacant at close. GREAT OPPORTUNITY FOR AN OWNER USER PROPERTY OR INVESTMENT PROPERTY IN A FAST APPRECIATION AREA OF WESTCHESTER.

Last Listed By

Linda Light

Coldwell Banker Realty License #00786737 Listed on: 03/15/2016

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,498

Year Built

  • Built in 1948

Lot Details

  • 7,059 Sq Ft Lot

Parking

  • 6 Car Garage

Home Design

  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • 2,832 Sq Ft Home
  • 2-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4103-021-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,498

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 2832
  • Probate: No
  • Stories: 2
  • Year Built: 1948
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 335.45

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 6

Utilities

  • Heating: Wall
  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 143381
  • Assessed Land Value: 569234
  • Assessor Parcel Number: 4103-021-019
  • Geocode Override: No
  • Lot Size Area: 7059

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.50
  • Number Of Units: 3
  • Rent Control: 100%
  • Total Annual Expense: 15175
  • Type Of Units: apartments
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2016
Closed on
Jun 8, 2016
Sold by
Tesfamariam Tibletz
Bought by
Light Linda and The Linda Light Family Trust
Seller's Agent
Linda Light
Coldwell Banker Realty
Buyer's Agent
Linda Light
Coldwell Banker Realty
List Price
$950,000
Sold Price
$940,000
Premium/Discount to List
-$10,000
-1.05%
Total Days on Market
22
Current Estimated Value
$1,437,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,141
Avg. Annual Appreciation
4.86%
Original Mortgage
$445,000
Outstanding Balance
$358,438
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$1,078,703

Purchase Details

Closed on
Oct 30, 2009
Sold by
Luna Martin and Luna Martha
Bought by
Tesfamariam Tibletz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$651,481
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2005
Sold by
Ventura Felipe
Bought by
Ventura Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2005
Sold by
Ventura Felipe and Estrada Hortencia
Bought by
Ventura Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2003
Sold by
Ventura Felipe and Estrada Hortencia
Bought by
Ventura Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2001
Sold by
Ventura Felipe and Estrada Hortencia
Bought by
Ventura Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,680
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 1998
Sold by
Cunningham Trust Cunningham Virginia D Co Tr
Bought by
Ventura Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,403
Interest Rate
6.95%
Mortgage Type
FHA

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
Light Linda $940,000 Equity Title Company
Tesfamariam Tibletz $663,500 First American Title Co La
Ventura Felipe -- None Available
Ventura Felipe -- Ticor Title Co
Ventura Felipe -- --
Ventura Felipe -- Provident Title Company
Ventura Felipe -- American Title
Ventura Felipe $285,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Light Linda $445,000
Previous Owner Tesfamariam Tibletz $651,481
Previous Owner Ventura Felipe $475,000
Previous Owner Ventura Felipe $360,000
Previous Owner Ventura Felipe $316,680
Previous Owner Ventura Felipe $269,403
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2016 06/17/16 Sold $940,000 -1.1% $332 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $950,000 -- $335 / Sq Ft
Source: The MLS

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
2024 $13,498 $1,090,944 $654,567 $436,377
2023 $13,242 $1,069,554 $641,733 $427,821
2022 $12,633 $1,048,583 $629,150 $419,433
2021 $12,468 $1,028,023 $616,814 $411,209
2020 $12,595 $1,017,483 $610,490 $406,993
2019 $12,098 $997,533 $598,520 $399,013
2018 $12,009 $977,975 $586,785 $391,190
2016 $8,892 $723,481 $577,914 $145,567
2015 $8,764 $712,615 $569,234 $143,381
2014 $8,809 $698,657 $558,084 $140,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-107204

The MLS

APN: 4103-021-019