NOT LISTED FOR SALE

707 Bay View Ave Wilmington, CA 90744

Estimated Value: $615,000 - $681,776

3 Beds
2 Baths
1,520 Sq Ft
$425/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $490,000 $322 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,972/month

About This Home

As of June 2021

PROBATE AUCTION!!! GREAT OPPORTUNITY TO BUY A DUPLEX WITH ONE VACANT UNIT IN WILMINGTON. THE FRONT HOUSE (709 BAY VIEW AVE) 2 BEDROOM, 1 BATH (BEDROOM & BATHROOM COUNT TAKEN FROM PUBLIC RECORD. BUYER TO VERIFY.) IS CURRENTLY RENTED. BACK 1 BEDROOM, 1 BATHROOM UNIT CURRENTLY VACANT AND CONSISTS OF A LIVING ROOM, KITCHEN WITH BREAKFAST NOOK AND LAUNDRY ROOM. 1 CAR ATTACHED GARAGE.

Last Agent to Sell the Property

Larry Weiner

Flans & Weiner, Inc. License #00945753 Listed on: 02/18/2021

Last Buyer's Agent

Concepcion Orellana

AACE Financial Services License #01513664

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,435

Year Built

  • Built in 1928

Lot Details

  • 3,659 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • 1,520 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 3331
  • Assessor Parcel Number 7416020021

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,435

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 7416020021
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 322.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 3659.00
  • Lot Size Acres: 0.0840

Multi Family

  • Lot Size Area: 3659.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2948.10
  • Tax Lot: 26
  • Tax Tract Number: 3331

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
May 12, 2021
Sold by
Movsesian Shoushan and Estate Of Maria Dc La Luz Reyc
Bought by
Valencia Rico D
Seller's Agent
Larry Weiner
Flans & Weiner, Inc.
Buyer's Agent
Concepcion Orellana
AACE Financial Services
List Price
$399,000
Sold Price
$490,000
Premium/Discount to List
$91,000
22.81%
Current Estimated Value
$645,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,444
Avg. Annual Appreciation
6.57%
Source: Public Records

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
Valencia Rico D $490,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2021 06/10/21 Sold $490,000 +22.8% $322 / Sq Ft
02/18/2021 02/18/21 For Sale $399,000 -- $263 / 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 $6,435 $530,390 $378,850 $151,540
2024 $6,435 $519,991 $371,422 $148,569
2023 $6,311 $509,796 $364,140 $145,656
2022 $6,019 $499,800 $357,000 $142,800
2021 $819 $47,275 $21,258 $26,017
2020 $822 $46,792 $21,041 $25,751
2019 $799 $45,876 $20,629 $25,247
2018 $751 $44,977 $20,225 $24,752
2016 $702 $43,233 $19,441 $23,792
2015 $694 $42,584 $19,149 $23,435
2014 $710 $41,750 $18,774 $22,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21033920

California Regional Multiple Listing Service (CRMLS)

APN: 7416-020-021