NOT LISTED FOR SALE

Estimated Value: $578,000 - $756,000

4 Beds
3 Baths
2,002 Sq Ft
$325/Sq Ft Est. Value

Last Sold July 02, 2012

Last sale price $245,000 $122 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $3,713/month

81 Days on Market

Highlights

  • Contemporary Architecture
  • Tile Flooring
  • Heating System Uses Natural Gas
  • Double Pane Windows

About This Home

As of July 2012

*** REGULAR SALE,*** REGULAR SALE ,*** REGULAR SALE, ***REGULAR SALE. NICE, REHABBED, 2 HOUSES IN I LOT: FRONT HOUSE 3 BDRS 1 BATHROOM, FORMAL DINNING ROOM, PLUS NEW .75 BATHROOM, PLUS NEW 60FT LAUNDRY ROOM, PLUS NEW 10X20 =200 FT. PATIO COVER ATTACHMENT, FRONT HOUSE NEW MODERN WINDOWS,NEW PAINT INSIDE, OUTSIDE,NEW STUCCO.FRONT HOUSE VACANT. 2ND HOUSE 1BDR + 1 BATH WITH LAUNDRY ROOM INSIDE, NEW STUCCO, NEW WINDOWS, BOTH HOUSES HAVE BEEN UPGRATED . CAR PORT UPGRATTED TO NEW BUILDING CODES.BIG LONG LOT GREAT FOR MECHANICS, GARDENERS, PEOPLE WHO HAS A NEED FOR LARGE PARKING SPACE, BACK HOUSE RENTED $750.00 PER MO.NEED TO MAKE APPOINTMENT TO TENANT CALL L.AGENT. ********************

Last Agent to Sell the Property

Emilio Ortiz

Prosperity Capital License #01333902 Listed on: 02/24/2012

Last Buyer's Agent

Emilio Ortiz

Prosperity Capital License #01333902 Listed on: 02/24/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 8,850 Sq Ft Lot
  • Lot Dimensions are 50x177

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Block Foundation
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,002 Sq Ft Home
  • Double Pane Windows
  • Tile Flooring

Kitchen

  • Gas Oven or Range
  • Range

Parking

  • 8 Parking Spaces
  • 2 Carport Spaces

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Tract Number 150
  • Assessor Parcel Number 1048402250000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $80
  • Insurance Expense $600
  • New Taxes Expense $3,250

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 80.00
  • Parcel Number: 1048402250000
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 122.38
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Block, Slab, Raised
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: No
  • Parking Features: Carport
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Gas Water Heater, Range
  • Heating Type: Natural Gas, Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 50x177
  • Lot Size Sq Ft: 8850.00
  • Lot Size Acres: 0.2030

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 516
  • Average3 Bed Area: 1486
  • Insurance Expense: 600.00
  • Lot Size Area: 8850.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Other Expense Description: 00

Tax Info

  • New Taxes Expense: 3250.00
  • Tax Area: 2670
  • Tax Lot: 0.
  • Tax Tract Number: 00150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2012
Closed on
May 25, 2012
Sold by
Tigre 77 Llc
Bought by
Quiroz Laura Alicia
Seller's Agent
Emilio Ortiz
Prosperity Capital
Buyer's Agent
Emilio Ortiz
Prosperity Capital
List Price
$260,000
Sold Price
$245,000
Premium/Discount to List
-$15,000
-5.77%
Current Estimated Value
$651,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,117
Avg. Annual Appreciation
7.52%
Original Mortgage
$159,250
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 24, 2012
Closed on
May 21, 2012
Sold by
Ortiz Emilio
Bought by
Tigre 77 Llc
Seller's Agent
Emilio Ortiz
Prosperity Capital
Buyer's Agent
Emilio Ortiz
Prosperity Capital
List Price
$260,000
Sold Price
$245,000
Premium/Discount to List
-$15,000
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,250
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2011
Sold by
Ortiz Maria E
Bought by
Ortiz Emilo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2011
Sold by
Arevalo Ada T
Bought by
Ortiz Emilio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2009
Sold by
Banuelos Ramiro and Arevalo Ada T
Bought by
Arevalo Ada T

Purchase Details

Closed on
Apr 25, 2006
Sold by
Banuelos Carlos
Bought by
Banuelos Ramiro and Arevalo Ada T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 23, 2004
Sold by
Banuelos Carlos
Bought by
Banuelos Ramiro and Arevalo Ada T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2004
Sold by
Vo Phillip
Bought by
Banuelos Ramiro and Arevalo Ada T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2003
Sold by
Nguyen Chau Hong Thi
Bought by
Vo Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2003
Sold by
Bato Maricar I and Auclair Trust
Bought by
Vo Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quiroz Laura Alicia $245,000 None Available
Tigre 77 Llc -- Accommodation
Ortiz Emilo -- Lawyers Title Co
Ortiz Emilio $160,000 Lawyers Title Co
Arevalo Ada T -- None Available
Banuelos Ramiro -- Ticor Title Co
Banuelos Ramiro -- None Available
Banuelos Ramiro $360,000 Southland Title
Vo Phillip -- Old Republic Title
Vo Phillip $208,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Quiroz Laura Alicia $159,250
Closed Tigre 77 Llc $24,500
Previous Owner Ortiz Emilio $95,000
Previous Owner Banuelos Ramiro $377,000
Previous Owner Banuelos Ramiro $288,000
Previous Owner Vo Phillip $166,400
Closed Banuelos Ramiro $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2012 07/02/12 Sold $245,000 -5.8% $122 / Sq Ft
05/15/2012 05/15/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $260,000 -- $130 / 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 $3,606 $326,304 $106,765 $219,539
2024 $3,606 $319,906 $104,672 $215,234
2023 $3,600 $313,634 $102,620 $211,014
2022 $3,370 $307,484 $100,608 $206,876
2021 $3,349 $301,455 $98,635 $202,820
2020 $3,291 $298,364 $97,624 $200,740
2019 $3,262 $292,514 $95,710 $196,804
2018 $3,217 $286,778 $93,833 $192,945
2017 $2,927 $265,155 $91,993 $173,162
2016 $2,811 $259,956 $90,189 $169,767
2015 $2,792 $256,051 $88,834 $167,217
2014 $2,706 $251,035 $87,094 $163,941
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P813277

California Regional Multiple Listing Service (CRMLS)

APN: 1048-402-25